2445 Reed Rd

Ely, MN 55731

$1,095,000
Price
4
Beds
4,872 Sq. Ft.
$225 / Sq. Ft.
4,872
Sq. Ft.
$225
per Sq. Ft.
Get preapproved with Rocket Mortgage1

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...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.
  1. Listed by Lori Schulze • Keller Williams Classic Realty NW - Ely
    P: (218)-343-1787 lorischulze@kw.com
  2. Listed by Heather Franciskovich • Keller Williams Classic Realty NW - Ely
    P: (218)-235-3895 hfranciskovich@kw.com

Property Details for 2445 Reed Road

Architectural Style
Ranch
View
Inland Lake
Waterfront Features
Inland Lake
Waterfront YN
Yes
LISTING UPDATED: 05/15/2026 10:24 AM

Property Details for 2445 Reed Road

StatusActive
MLS #6124998
Days on Compass29
Taxes$9,285 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1996
Lot Size5.50 AC / 239,580 SF
CountySt. Louis County
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Location

Listing Courtesy of Keller Williams Classic Realty NW - Ely
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Building Information for 2445 Reed Road

Stories1Year Built1996Building Size-Lot Size5.50 AC / 239,580 SF

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$6,230 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,457

Property Taxes

$774

HOA Dues

$0

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Property Information for 2445 Reed Road

Summary
Location and General Information
  • 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.
  • Latitude: 48
  • Longitude: -92
  • Lake Chain: No
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Sand,Shore-Accessible,Shore-Beach,Shore-Vegetation
  • Waterfront Access: Private
  • Waterfrontage Feet: 215
  • MLSArea Major: LSAR
  • Road Frontage Type: Private Road
  • Road Responsibility: Association Maintained Road, Private Maintained Road
  • Zoning Description: Residential
Parking
  • Garage Spaces: 1.0
  • Garage Dimensions: 14 x 22
  • Garage Type: Detached
  • Parking Features: Gravel
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 9370
  • Parcel Number: 465-0049-00040
  • Tax Annual Amount: $9,285.00
  • Tax Legal Description: Bevis Kinney Burntside Lots 1st Add, Lot 4
  • Tax Year: 2026
Property
Lot Information
  • Above Grade Finished Area: 3248.0
  • Below Grade Finished Area: 1624.0
  • Living Area: 4872.0
  • Lot Features: Irregular Lot, Tree Coverage - Heavy, High, BWCA Access
  • Lot Size Acres: 5.5
  • Lot Size Dimensions: Irregular
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 56 x 58
  • Other Structures: Greenhouse, Screenhouse, Storage Shed, Guest House, Other
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 85
  • Land Access: ***
  • Remodeled Addition: Yes
  • Possession: Close Escrow
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 1996
Utilities
  • Sewer: Private Sewer
  • Water Body Name: Burntside
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Exterior Features: Deck, Dock
  • Foundation Details: Concrete, Poured Concrete
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • Basement: Partial
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Heating: Baseboard, Dual Fuel/Off Peak, Fireplace(s), Radiant, Wood, Electric
  • Interior Features: Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Natural Woodwork, Main Floor Laundry
  • Basement Features: Egress Windows,Finished,Partially Finished,Walkout,Bath,Bedrooms,Family/Rec Room,Kitchen
  • Bath Description: 3/4 Basement,3/4 Main Floor
  • Dining Room Type: Combine with Kitchen,Combine with Living Room,Eat-In Kitchen
  • Extra Rooms: Den/Office,Family/Rec,Second Kitchen,Storage Room,Utility Room,Great Room,Entry,Bonus Room
  • Main Floor Bedroom: 1
Room Information
Room 1
  • RoomLength: 19.5
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 10.5
Room 2
  • RoomLength: 19.5
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 17.0
Room 3
  • RoomLength: 14.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 14.0
Room 4
  • RoomLength: 14.0
  • RoomLevel: Main
  • RoomType: Bonus Room
  • RoomWidth: 11.0
Room 5
  • RoomLength: 10.5
  • RoomLevel: Main
  • RoomType: Laundry
  • RoomWidth: 10.0
Room 6
  • RoomLength: 19.5
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 11.0
Room 7
  • RoomLength: 19.5
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 16.0
Room 8
  • RoomLength: 12.5
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 12.0
Room 9
  • RoomLength: 27.0
  • RoomLevel: Main
  • RoomType: Entry Hall
  • RoomWidth: 11.5
Room 10
  • RoomDescription: Kitchen & Living Room combined
  • RoomLength: 24.0
  • RoomLevel: Lower
  • RoomType: Great Room
  • RoomWidth: 18.0
Room 11
  • RoomLength: 12.0
  • RoomLevel: Lower
  • RoomType: Bedroom
  • RoomWidth: 9.0
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2026-05-05
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 2445 Reed Road

DateEvent & SourcePriceAppreciation
May 5, 2026

Listed (Active)

Lake Superior Area REALTORS #6124998

$1,095,000—
Dec 4, 2025

Off Market

Lake Superior Area REALTORS #6119844

$1,095,000—
Jun 3, 2025

Listed (Active)

Lake Superior Area REALTORS #6119844

$1,295,000—
DateEvent & SourcePrice
05/05/2026

Listed (Active)

Lake Superior Area REALTORS #6124998

$1,095,000
12/04/2025

Off Market

Lake Superior Area REALTORS #6119844

$1,095,000
06/03/2025

Listed (Active)

Lake Superior Area REALTORS #6119844

$1,295,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2445 Reed Road

Taxable ValueLand$394,800Additions$426,500Total$821,300
Tax Record2025$8,000 ($667 / month)
Home Facts
Beds4Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt3,248 SqFtStories1StyleSingle Family ResidenceYear Built1996CountyST. LOUISAPN465-0049-00040

Schools near 2445 Reed Road

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - PK to 5
Memorial Middle School
Public - 6 to 8
Memorial Secondary
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Memorial Secondary
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2445 Reed Road, Ely, MN 55731

2445 Reed Road is a single family home for sale in Ely, MN 55731. This property was listed for sale on May 5, 2026 by Keller Williams Classic Realty NW - Ely, it's currently listed at $1,095,000. This listing's school district is Ely Public School District. Nearby schools include Washington Elementary School, Memorial Middle School and Memorial Secondary. 2445 Reed Road is a 4-bed, 3-bath, 4,872 sqft single family home built in 1996.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Classic Realty NW - Ely

Based on information submitted to the MLS GRID as of 05/15/2026 10:24 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.