2445 Reed Rd, Ely, MN 55731
2445 Reed Rd, Ely, MN 55731
2445 Reed Rd, Ely, MN 55731
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Listed by Lori Schulze Keller Williams Classic Realty NW - Ely
$995,000
Est. payment /mo
4 Beds
3 Baths
4,872 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,872 sqft

Price per Sqft $204

MLS Listing ID LSA6124998

Style Ranch

Bedrooms 4

Three Quarter Bath 3

HOA Y/N No

Year Built 1996

Annual Tax Amount $9,285

Tax Year 2026

Lot Size 5.500 Acres

Acres 5.5

Lot Dimensions Irregular

Property Sub-Type Single Family Detached

Source lsar

Property Description

Burntside Lake Retreat – 5.5 Acres with Sandy Shoreline in Highly Sought-After Ely, MN Location! Welcome to a truly rare opportunity on the legendary Burntside Lake, known for its crystal-clear waters, dramatic scenery, and exceptional recreational quality. This year-round Northwoods retreat is set on 5.5 acres with towering pines, privacy, and one of the most desirable sandy, west-facing shorelines on the lake—perfect for swimming, sunbathing, and unforgettable sunsets. The expansive 4,872 sq ft home is as unique as the setting itself, offering three separate yet connected living areas under one roof. Each section includes its own kitchen, bathroom, and living room, allowing for flexible living arrangements—ideal for hosting family, friends, or multi-generational use. These spaces can be opened up for large gatherings or closed off for added privacy. In total, the home features 4 bedrooms, 3 bathrooms, 3 full kitchens and lots of additional space. Tucked just off the main home is a charming 16' x 24' dry guest cabin, surrounded by woods and perfect for additional guests, creative space, or quiet retreat. Located on one of the most coveted stretches of Burntside Lake, this property offers the best of lake life in a peaceful and community-focused environment. Burntside is one of Minnesota's most sought-after lakes—celebrated for its clean waters, stunning shoreline, and proximity to the Boundary Waters Canoe Area Wilderness and Ely's vibrant community. This is more than a home—it's a legacy property in a premier location.

Location

State MN

County St. Louis County

Area Lsar

Direction From Ely take 169 west to 88. Turn right on 88. Turn left on Burntside Ridge. Stay to the left onto Reed Rd. Continue staying to the left until you reach the property fire number on your right. Sign at property.

Rooms

Basement Partial

Dining Room Combine with Kitchen, Combine with Living Room, Eat-In Kitchen

Interior

Interior Features Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Main Floor Laundry

Heating Baseboard, Dual Fuel/Off Peak, Fireplace(s), Radiant, Wood, Electric

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace true

Exterior

Exterior Feature Deck, Dock

Parking Features Gravel

Garage Spaces 1.0

Waterfront Description Inland Lake

View Y/N Yes

View Inland Lake

Roof Type Asphalt Shingle

Garage Yes

Building

Lot Description Irregular Lot, Tree Coverage - Heavy, High, BWCA Access

Story 1

Foundation Concrete, Poured Concrete

Sewer Private Sewer

Water Drilled

Architectural Style Ranch

Structure Type Wood

Schools

High Schools Ely #696

School District Ely #696

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Alexander Dempsey

+1(715) 681-2879

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