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2445 Reed Rd, Ely, MN 55731

Ely
Local realty services provided by:CENTURY 21 Atwood
2445 Reed Rd,Ely, MN 55731
$995,000
  • 4 Beds
  • 3 Baths
  • 4,872 sq. ft.
  • Single family
  • Active
Listed by: lori schulze
Office: keller williams classic realty nw - ely
MLS#:6124998
Source:MN_DAAR

Price summary

  • Price:$995,000
  • Price per sq. ft.:$204.23

About this home

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...

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Home facts

  • Year built:1996
  • Listing ID #:6124998
  • Added:84 day(s) ago
  • Updated:July 29, 2026 at 04:23 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Dining Description:Eat In Kitchen
  • Kitchen Description:Eat In Kitchen, Kitchen Island
  • Basement:Yes
  • Basement Description:Partial
  • Living area:4,872 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1996
  • Building area:4,872 sq. ft.
  • Lot area:5.5 Acres
  • Lot Features:BWCA Access
  • Architectural Style:Ranch
  • Construction Materials:Wood
  • Exterior Features:Deck, Dock
  • Foundation Description:Concrete, Poured Concrete

Utilities

  • Water:Drilled
  • Sewer:Private Sewer

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$204.23
  • Tax amount:$9,285 (2026)

Features and amenities

  • Laundry features:Main Floor Laundry
  • Amenities:Ceiling Fan(s), Natural Woodwork

Parking

  • Parking description:Gravel
  • Garage:Yes
  • Garage spaces:1
2026, Lake Superior Area REALTORS, Inc. MN_DAAR Member Broker: Kevin Sharkey

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