2501 E Lake of the Isles Pkwy Minneapolis, MN 55405
East Isles NeighborhoodEstimated payment $12,389/month
Highlights
- 90 Feet of Waterfront
- Corner Lot
- Wood Fence
- Lake View
- No HOA
About This Lot
Every once in a while, a truly exceptional opportunity arises, and this is one of them. Located on the most coveted corner of Lake of the Isles, this vacant parcel offers a rare chance to create your dream home in one of Minneapolis’ most historic and tightly preserved neighborhoods. New construction on the lake is nearly unheard of, and a corner lot like this, with unmatched views and scale, is even rarer. Perched on an elevated 0.38-acre site with 90 feet of frontage along East Lake of the Isles Parkway, the property features sweeping water views in three directions—south, west, and north. A lakeside stone retaining wall enhances its grandeur, while the private garage entrance off 25th Street ensures quiet exclusivity without the interruption of an alley. This location offers serenity with unmatched convenience, just steps from local schools, charming shops, beloved restaurants, and vibrant cultural landmarks. Imagine building a home that celebrates both timeless elegance and modern comfort, where you begin and end each day embraced by the rhythms of the lake—morning walks along the path, biking through tree-lined boulevards, and watching golden sunsets sparkle over the water. This is more than a property, it’s a once-in-a-lifetime canvas to create a legacy.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-735-2345 Listed on: 07/17/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $19,231
Lot Details
- Lot Dimensions are 90x186x90x178
- 90 Feet of Waterfront
- Lake Front
- Wood Fence
- Corner Lot
- Cleared Lot
Property Views
- Lake Views
Community Details
- No Home Owners Association
- Lake Of The Isles Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3302924240159
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 | $16,889 | $1,058,000 | $1,058,000 | $0 |
| 2022 | $17,086 | $1,036,000 | $1,036,000 | $0 |
| 2021 | $14,954 | $1,006,000 | $1,006,000 | $0 |
| 2020 | $16,171 | $914,300 | $914,300 | $0 |
| 2019 | $16,602 | $914,300 | $914,300 | $0 |
| 2018 | $16,769 | $914,300 | $914,300 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $1,995,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | -- | |
| Land Contract | $1,900,000 | All American Commercial Ttl | |
| Warranty Deed | -- | None Available | |
| Deed | $1,900,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $380,000 | Land Contract Argmt. Of Sale | |
| Closed | $380,000 | Land Contract Argmt. Of Sale |
Source: NorthstarMLS
MLS Number: 6755623
APN: 33-029-24-24-0159
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