Estimated payment $6,148/month
Highlights
- Private Waterfront
- Guest House
- Lake View
- Memorial High School Rated 9+
- Greenhouse
- Bonus Room
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 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.
Listing Agent
Keller Williams Classic Realty NW - Ely Brokerage Phone: Listed on: 05/05/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,285
Year Built
- Built in 1996
Lot Details
- 5.5 Acre Lot
- Private Waterfront
- Property fronts a private road
Parking
- Detached Garage
Home Design
- Concrete Foundation
- Poured Concrete
- Wood Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Entryway
- Great Room
- Living Room
- Bonus Room
- Lake Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Greenhouse
- Storage Shed
Additional Features
- Guest House
- Drilled Well
Listing and Financial Details
- Assessor Parcel Number 465-0049-00040
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,370 | $821,300 | $394,800 | $426,500 |
| 2023 | $8,000 | $779,100 | $372,700 | $406,400 |
| 2022 | $6,344 | $655,600 | $317,400 | $338,200 |
| 2021 | $6,808 | $565,300 | $270,400 | $294,900 |
| 2020 | $6,304 | $565,300 | $270,400 | $294,900 |
| 2019 | $6,220 | $565,300 | $270,400 | $294,900 |
| 2018 | $6,168 | $570,800 | $308,700 | $262,100 |
| 2017 | $6,226 | $570,900 | $308,800 | $262,100 |
| 2016 | $6,324 | $570,900 | $308,800 | $262,100 |
| 2015 | $6,210 | $586,600 | $324,500 | $262,100 |
| 2014 | $6,210 | $576,000 | $318,100 | $257,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2026 06/06/26 | Price Changed | $995,000 | -9.1% | $204 / Sq Ft |
| 05/05/2026 05/05/26 | For Sale | $1,095,000 | -- | $225 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Ne Title | |
| Deed | -- | Ne Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $90,000 | Credit Line Revolving |
Source: Lake Superior Area REALTORS®
MLS Number: 6124998
APN: 465004900040
- XXX Olson Bay Trail
- 3003 Burntside Ridge Trail
- 3009 Burntside Ridge Trail
- 2854 Blueberry Island
- 2050 Shipman Island
- 2713 Burntside Lake Rd
- 2056 Mollywood Ln
- 1896 Echo Trail
- 2928 Waters Island
- TBD Waters Island
- 23XX Low Creek Rd
- X Waters Island
- 2928 Rd
- 3547 Norway Ln
- 52 W Chandler St
- 355 W Harvey St
- 357 W Harvey St
- 1648 Golden Ridge Trail
- 1648 Golden Ridge Tr
- 230 W Camp St
Ask me questions while you tour the home.