Lori Gustafson

2224 W Lake Of The Isles Parkway

Minneapolis, MN
$ 3,000,000 Beds 7 Baths 6.5 Sq 9,802 Virtual Tour
Monthly Estimate* How much can I afford?

A landmark Lake of the Isles residence designed by noted architect Harry Wild Jones, this iconic home has undergone a comprehensive five-year restoration. Originally designed for the Cream of Wheat family, the home retains remarkable historic details throughout, including herringbone hardwood floors, leaded and stained-glass windows, carved woodwork, an Inglenook fireplace, two sunrooms, and a grand staircase. Nearly every inch of the home has been updated, including new mechanical systems, a fully remodeled chef's kitchen & new bathrooms, second-floor laundry, a newly constructed garage and breezeway, a completely remodeled basement, a new wine cellar with an independent cooling system, third-floor guest quarters with dedicated laundry rough-in, a rooftop deck with skyline and lake views, and much more. This home offers a rare combination of historic character and modern livability, set against one of Minneapolis' most desirable lakeside backdrops.

Single Family

  • Price
  • $ 3,000,000
  • City
  • Minneapolis
  • Bedrooms
  • 7
  • Full Bathrooms
  • 6
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Island Park Add
  • Lot Size
  • 0.33 Acres
  • Zip
  • 55405
  • Sqr Footage
  • 9,802
  • Year Built
  • 1915
  • Taxes
  • $ 61368
  • Style
  • Single Family
  • MLS#
  • 7070909
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 9802
Sewer City Sewer/Connected
Heating Boiler,In-Floor Heating,Radiator,Zoned
Cooling Central Air,Zoned
Roof Tile
Appliances Dishwasher,Dryer,Microwave,Other,Range,Refrigerator,Washer
Garage Spaces 3
Pool Features None
Construction Materials Concrete
Year Built 1915
Electric Circuit Breakers,200+ Amp Service
Levels More Than 2 Stories
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front,Lake View
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Island Park Add
Full Baths 3
Directions W. Lake of the Isles Parkway,just after 21st
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 61368
Additional Parcels Y/N No
Virtual Tour https://homecomingphoto.com/u/9qr
Standard Status Active
Lender Owned No
PostalCity Minneapolis

Interior Features

Basement Finished
Fireplace Features Amusement Room,Family Room,Gas,Living Room,Other,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 7477
Half Baths 1
3/4 Baths 3
Laundry Features In Hall,Laundry Room
Total Bedrooms 7
Below Grade Finished Area 2325
Total Baths 7
Bath Desc Bathroom Ensuite,Private Primary,Main Floor 1/2 Bath,Steam Shower,Upper Level Full Bath
Dining Room Description Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 33'4 x 21' 7

Exterior Features

Fencing Split Rail
Parking Features Attached Garage,Concrete,Electric Vehicle Charging Station(s),Garage Door Opener,Guest Parking,Insulated Garage
Lot Features Tree Coverage - Medium,Underground Utilities
Water Source City Water/Connected
Lot Size Area 0.33
Building Area Total 10594
Lot Dimensions 99x148
Waterfront Y/N Yes
Foundation Area 3117
Road Frontage Type City Street,Curbs,Sidewalks,Street Lights
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/26/2026 Listed $3,000,000

Property vs Zip Code Average in 55405

Price
AVG $1.27M
$3M
Taxes
AVG $18,230
$61,368
Year Built
AVG 1933
1915
Visits
AVG 210
24
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2224 W Lake Of The Isles Parkway Minneapolis, MN is a Single Family Home for sale at $3000000 with 9802 sqft and a lot size of 0.33 Acres Acre(s). 2224 W Lake Of The Isles Parkway Minneapolis has 7 bedrooms, 6 baths and was built in 1915. The property's zip code is 55405 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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