Date
Details
Price
Change
Source
5/05/2026
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 2445 Reed Rd
General
- Price: $1,095,000
- Taxes: $9,285 (2026)
- Status: Active
- Type: Single Family
- Source: 1402
- MLS ID: 6124998
- Updated: 5/5/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Main Floor Laundry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
Rooms
Bathrooms
- Total Bathrooms: 3
- 3/4 Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen
Exterior
- Exterior Features: Deck, Dock
Parking
- Garage Description: 14 x 22
- Garage Spaces: 1
- Parking Features: Gravel
Location
- Area: R
- County: St. Louis County
- Driving Directions: 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.
School Information
- High School District: Ely #696
Heating & Cooling
- Heating Type: Baseboard, Dual Fuel/Off Peak, Fireplace(s), Radiant, Wood, Electric
Utilities
- Sewer: Private Sewer
- Water: Drilled
Structural Information
- Architectural Style: Ranch
- Construction: Frame/Wood
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Concrete, Poured Concrete
- Roof: Asphalt Shingle
- Stories/Levels: 1
- Square Feet: 4,872
- Year Built: 1996
Additional Structures
- Other Structures: Greenhouse, Screenhouse, Storage Shed, Guest House, Other
Lot Features
- Property View: Inland Lake
- Lot Size (Acres): 5.5
- Lot Dimensions: Irregular
- Frontage: Private Road
- Road Maintenance: Association Maintained Road, Private Maintained Roa
- Lot Features: Irregular Lot, Tree Coverage - Heavy, High, BWCA Access
- Development Status: Previously Owned
- Zoning: Residential
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Burntside
- Water Front Desc.: Inland Lake
- Lake Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $224.75
- Tax Amount: $9,285
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: Bevis Kinney Burntside Lots 1st Add, Lot 4
- Disclosures/Reports: Assoc Document
- Property ID: 465-0049-00040
Listed by Keller Williams Classic Realty NW - Ely
We Value Your Privacy
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We Value Your Privacy
Listing agents
— 2445 Reed Rd —
Keller Williams Classic Realty NW - Ely
Keller Williams Classic Realty NW - Ely
***
NMLS#: 1598647
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Schools
Schools serving 2445 Reed Rd
School District:Ely Public School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Ely, MN 520 East Harvey Street, Ely, MN 55731 | PK-5 | 4.1 mi |
Memorial Middle School 600 East Harvey Street, Ely, MN 55731 | 6-8 | 4.1 mi |
Memorial Secondary 600 East Harvey Street, Ely, MN 55731 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2445 Reed Rd
Tax History
Tax History for 2445 Reed Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,370
17%
$821,300
5%
2025
$8,000
5%
$779,100
19%
2024
$7,650
12%
$655,600
16%
2023
$6,854
8%
$565,300
—
2022
$6,344
1%
$565,300
—
2020
$6,304
1%
$565,300
-1%
2019
$6,220
1%
$570,800
—
2018
$6,168
-1%
$570,900
—
2017
$6,226
-2%
$570,900
-3%
2016
$6,324
-1%
$586,600
—
2015
$6,408
3%
$586,600
2%
2014
$6,210
-1%
$576,000
—
2013
$6,258
—
$576,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2445 Reed Rd
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- 3Beds
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2445 Reed Rd, Ely, MN 55731 (MLS# 6124998) is a Single Family property with 4 bedrooms, 0 full bathrooms and 3 partial bathrooms. 2445 Reed Rd is currently listed for $1,095,000 and was received on May 05, 2026. Want to learn more about 2445 Reed Rd? Do you have questions about finding other Single Family real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.