New Record Hit for Minneapolis Luxury Home Sale

You would think that in one of the “worst markets” we have seen in a long time that there would be no way a record sale could ever happen in Minneapolis. Well, like I have said numerous times on my blog, the high end market marches to a different drummer.

Back in March, I reported that 2427 E Lake of the Isles Parkway in Minneapolis was on the market with Sky Sotheby’s Realty for a whopping $5.5 Million. Well two days ago it hit the MLS as SOLD, and at a record price of $4.859 Million, making it the highest priced home to ever sell in Minneapolis.

4 comments… Join the conversation and add your own!

Minneapolis Apartment Guy October 8, 2009 at 11:33 am

Wozers, thats quite a bit of money! I think I'll have to drive by there later on this weekend and take a peek at what 5 million looks like.

Panama Real Estate October 15, 2009 at 7:17 am

When investing in real estate, if you want to get a bargain, get property that will cost you a bit of sweat equity. Properties that are in move in condition are usually more costly than those that need a little bit of work.

Phyllis June 29, 2015 at 1:59 pm

Hi I was wondering if you have any information as to who owns this home thank you. I know that it is public record but I can’t seem to find it.

Alana A January 18, 2016 at 12:42 am

It’s a beautiful home in an excellent location with breathtaking views. I’m happy to see that these beautiful older custom built homes are being kept up. Wonderful news.

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