Lori Gustafson

2308 W Lake Of The Isles Parkway

Minneapolis, MN
$ 1,890,000 Beds 5 Baths 3.5 Sq 5,027 Virtual Tour
Monthly Estimate* How much can I afford?

One of the Lakes’ most stunning landmark homes, 2308 West Lake of the Isles Parkway, stands as an epitome of purposeful and thoughtful design. This extraordinary 5-bedroom, 3 ½ bath home, available for only the fourth time in a century, is uniquely situated on the lake with a commanding presence. With its southern exposure, every room is bathed in natural light year-round, with breathtaking views of one of the lake’s namesake islands—a feature unique to this property. Designed by Lang & Raugland, and built in 1928, the home strikes a perfect balance: sophistication yet invitingly comfortable. Many original historical architectural details remain intact, with thoughtful updates including a gourmet kitchen and spacious, beautiful primary suite with huge custom closets and bathroom. The elevated stone terrace is perfect for morning coffee or evening entertaining. A rare sense of privacy is created by being one of only a few homes without street parking in front. The home is nestled next to charming parkland with perennial gardens, offering a peaceful retreat in the heart of the city. A private driveway off the Parkway accesses the 2-car attached garage. The combination of its prime location, inspired design, and craftsmanship makes this not just a home, but a masterpiece—a timeless sanctuary that beckons to be cherished by its next fortunate steward.

Single Family

  • Price
  • $ 1,890,000
  • City
  • Minneapolis
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Island Park Add
  • Lot Size
  • 0.19 Acres
  • Zip
  • 55405
  • Sqr Footage
  • 5,027
  • Year Built
  • 1929
  • Taxes
  • $ 37513
  • Style
  • Single Family
  • MLS#
  • 7145277
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 5027
Sewer City Sewer/Connected
Heating Radiator
Cooling Central Air
Roof Age Over 8 Years,Tile
Appliances Chandelier,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Gas Water Heater,Microwave,Range,Refrigerator,Washer
Garage Spaces 2
Construction Materials Stone
Year Built 1929
Electric Circuit Breakers
View Panoramic,South
Levels Two
Property Subtype Single Family
Tax Year 2025
Waterfront Features Lake Front
Accessibility Other
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Island Park Add
Full Baths 3
Directions Take Lake of the Isles Parkway to Newton Ave S,park on Newton,walk back to the house.
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 37513
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-vdnm8j
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Panoramic View,Security System,In-Ground Sprinkler,Sun Room,Tile
PostalCity Minneapolis

Interior Features

Basement Full
Total Fireplaces 2
Fireplace Features Gas
Basement (Y/N) Yes
Above Grade Finished Area 3920
Half Baths 1
Laundry Features Lower Level,Laundry Room
Total Bedrooms 5
Below Grade Finished Area 1107
Total Baths 4
Bath Desc Bathroom Ensuite,Full Primary,Private Primary,Main Floor Full Bath,Walk-In Shower Stall
Dining Room Description Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 21x18
Garage Square Feet 378

Exterior Features

Fencing Invisible
Parking Features Attached Garage,Tuckunder Garage
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.19
Building Area Total 6120
Lot Dimensions 63x146x60x121
Waterfront Y/N Yes
Foundation Area 2200
Road Frontage Type City Street
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
Agent Photo

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

9/16/2026 Listed $1,890,000

Property vs Zip Code Average in 55405

Price
AVG $1.27M
$1.89M
Taxes
AVG $18,230
$37,513
Year Built
AVG 1933
1929
Visits
AVG 210
5
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2308 W Lake Of The Isles Parkway Minneapolis, MN is a Single Family Home for sale at $1890000 with 5027 sqft and a lot size of 0.19 Acres Acre(s). 2308 W Lake Of The Isles Parkway Minneapolis has 5 bedrooms, 3 baths and was built in 1929. 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

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy