Today I thought I would give some luxury home updates for the Lake of the Isles area in Minneapolis. The MLS area consists of Lake Calhoun, Cedar Lake, and Lake of the Isles, and of course the immediate surrounding neighborhoods.
Of the 40 homes currently for sale above $1 Million, all but 7 were built between 1895-1919, and so far this year, only three homes over a million have closed. While the homes might be high-end, the lots they sit on are relatively small. Most come in around a quarter of an acre. The draw of the area is of course, the lakes, and the fact that homes here have been “the place to live” in Minneapolis since Thomas Lowry built one of the first mansions on the hill overlooking Minneapolis in the late 19th century.
Below are some of the homes currently for sale. I am one of only two agents that utilize this IDX search for homes. It is one of the best available, and allows for the ability to see large photos of homes, virtual tours, street views, recently sold data, and more. I can even make modules like the one below, that highlight the areas I choose.