2218 W Lake of the Isles Pkwy Minneapolis, MN 55405
Kenwood NeighborhoodEstimated payment $26,303/month
Highlights
- Wine Cellar
- Fireplace in Primary Bedroom
- Game Room
- Lake View
- No HOA
- Sport Court
About This Home
One of the most admired homes on Lake of the Isles. Well known as the ‘Cream of Wheat Mansion’, this home has been lovingly restored and recently updated by John Kraemer & Sons with Twist Interiors. A rare and distinguished residence nestled along one of the most coveted stretches in the Twin Cities. This elegant home seamlessly blends timeless architectural charm with modern luxury, offering panoramic lake views directly across from scenic walking and biking trails. Enjoy gracious living spaces filled with natural light, high ceilings, and refined finishes. Craftsmanship and attention to detail are evident throughout. Each room has been thoughtfully designed for daily comfort and effortless entertaining. The exterior of this home offers extensive landscaping, a private patio, and a meticulously maintained yard. Located just minutes from downtown, Uptown, and the vibrancy of the Chain of Lakes, this home offers unmatched access to the best of Minneapolis.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $60,216
Year Built
- Built in 1915
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 104x146x108x145
- Property is Fully Fenced
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Flex
- Tile Roof
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Wine Cellar
- Living Room with Fireplace
- 4 Fireplaces
- Dining Room
- Home Office
- Game Room
- Home Gym
- Lake Views
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Double Oven
- Indoor Grill
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Outdoor Features
- Sport Court
- Patio
- Porch
Utilities
- Central Air
- Hot Water Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 3302924220090
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2023 | $51,563 | $3,322,000 | $1,349,000 | $1,973,000 |
| 2022 | $49,390 | $3,090,000 | $1,349,000 | $1,741,000 |
| 2021 | $47,584 | $3,000,000 | $1,349,000 | $1,651,000 |
| 2020 | $51,466 | $3,000,000 | $1,064,700 | $1,935,300 |
| 2019 | $53,447 | $3,000,000 | $1,043,100 | $1,956,900 |
| 2018 | $53,974 | $3,000,000 | $1,043,100 | $1,956,900 |
| 2017 | $60,514 | $3,285,000 | $948,300 | $2,336,700 |
| 2016 | $59,289 | $3,125,000 | $948,300 | $2,176,700 |
| 2015 | $58,518 | $2,946,000 | $948,300 | $1,997,700 |
| 2014 | -- | $2,678,000 | $815,800 | $1,862,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $3,995,000 | -- | $448 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,950,000 | Burnet Title | |
| Warranty Deed | $1,395,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,625,000 | New Conventional | |
| Closed | $2,360,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $717,000 | Adjustable Rate Mortgage/ARM |
Source: NorthstarMLS
MLS Number: 6767253
APN: 33-029-24-22-0090
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