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2445 Reed Rd, 
Ely, MN 55731

$1,245,000


4

Beds


3

Baths


4,872

Sq Ft


Single Family

Active

Keller Williams Classic Realty Nw - Ely

Last updated:

August 10, 2025, 03:08 PM

MLS#

6119844

Source:

MN DAAR

About This Home

2445 Reed Rd

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 with no short-term rentals allowed, ensuring 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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1996

Price Summary

1,245,000

$255 per Sq. Ft.

MLS #:

6119844

Last Updated:

August 10, 2025, 03:08 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

4,872 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

4,872 Sq. Ft.

Year Built:

1996


Lot

Lot Size (Sq. Ft):

239,580


Finances & Disclosures

Finances

Price:

$1,245,000

Price per Sq. Ft:

$255 per Sq. Ft.

Source:MN DAAR
2025, Lake Superior Area REALTORS, Inc.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.