2500 Lake Place, Minneapolis, MN 55405

$2,161,749
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 8,316 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $2,161,749 List Date: 11/19/2024 Last Modified: 8/08/2025

Overview

Description

The recent transformation of this home will astound you! Now, it truly melds the original exquisite craftsmanship and timeless design, with contemporary stylish finishes. Upon entering the home, you see how the fresh newly enameled millwork lives side by side with the warm finishes of this turn of the century Arts&Crafts masterpiece. From the gracious living room, dining room and stunning office/sunroom, one seamlessly enters the kitchen/family room. The large, impressive kitchen is gracefully situated adjacent to a spacious open and airy family room where the enameling of the cabinetry is truly a thing of beauty. Numerous large windows treat the viewer with wonderful views of the outdoor terrace, pool and deck. The home is brilliantly sited forward on this large lot creating a private country club type setting in the backyard. Imagine dining on the large deck offering spectacular views of Lake of the Isles while just a few steps down a state-of-the-art pool, tasteful hardscapes, garden & pergola perfect for spring, summer and fall gatherings. The warmth, comfort & distinguished design carry through to the interiors as well. The essence of the 1909 structure, with its Prairie School beginnings, has been carefully preserved and enhanced. A full renovation in 2018 created a glorious kitchen w/a 10ft quartzite island, the highest-grade appliance & master crafted cabinetry. Likewise, in 2019 & 2023 the backyard was transformed into an urban oasis.

Listing Details MLS# 6516820

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
5
Road Btwn WF & Home?
Yes
Year Built
1909
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
2265
Above Grd Total SqFt
5706
Below Grd Total SqFt
2610
Total SqFt
8316
Total Finished Sqft
7403.00
FireplaceYN
Yes
Lake/Waterfront Name
Lake of the Isles
Style
(SF) Single Family
Foundation Size
2610
Garage Stalls
2
Lot Dimensions
85x157
Acres
0.31
Assessment Pending
Unknown
# Carport Spaces
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Full Bath Description: Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Exterior: Brick/Stone; Stucco Family Room Characteristics: 2 or More; Lower Level; Main Level Financing Terms: Cash Fireplace Characteristics: Family Room; Living Room; Primary Bedroom; Wood Burning; Other Fuel: Natural Gas Heating: Radiant Laundry: Laundry Room; Upper Level Lock Box Type: Supra Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium Parking Characteristics: Heated Garage; Insulated Garage Pool Description: Below Ground Road Frontage: City Street Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level; Primary Bdr Suite Stories: More Than 2 Stories Water: City Water/Connected Waterfront View: Lake

Contract Information

Off Market Date
2025-03-12
Contingency
None
Closed Date
2025-04-09
Original List Price
2675000
Sales Close Price
2161749
ListPrice
2374000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2500
Street Name
Lake
Street Suffix
Place
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55405
Complex/Dev/Subdivision
Lake Of The Isles Add

Assessments

Tax With Assessments
36637.26
Assessment Balance
0

Building Information

Finished SqFt Above Ground
5706
Finished SqFt Below Ground
1697

More Information

Lake Details

Lake Acres
111
Lake Chain Acreage
1049
Lake Chain Name
Minneapolis
Lake Depth
31

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
400
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
24
Section#
33
Township#
29

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 001 BLOCK 008 LAKE OF THE ISLES ADDN TO MPLS NELY 85 9/100 FT INCL ADJ 1/2 OF VAC ALLEY
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
DNR Lake ID#
27004000
DNR Lake Classification
Recreational Development
Zip Plus 4
2475
Property ID Number
3302924240066
Tax Year
2024
Tax Amount
36637.26
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
The recent transformation of this home will astound you! Now, it truly melds the original exquisite craftsmanship and timeless design, with contemporary stylish finishes. Upon entering the home, you see how the fresh newly enameled millwork lives side by side with the warm finishes of this turn of the century Arts&Crafts masterpiece. From the gracious living room, dining room and stunning office/sunroom, one seamlessly enters the kitchen/family room. The large, impressive kitchen is gracefully situated adjacent to a spacious open and airy family room where the enameling of the cabinetry is truly a thing of beauty. Numerous large windows treat the viewer with wonderful views of the outdoor terrace, pool and deck. The home is brilliantly sited forward on this large lot creating a private country club type setting in the backyard. Imagine dining on the large deck offering spectacular views of Lake of the Isles while just a few steps down a state-of-the-art pool, tasteful hardscapes, garden & pergola perfect for spring, summer and fall gatherings. The warmth, comfort & distinguished design carry through to the interiors as well. The essence of the 1909 structure, with its Prairie School beginnings, has been carefully preserved and enhanced. A full renovation in 2018 created a glorious kitchen w/a 10ft quartzite island, the highest-grade appliance & master crafted cabinetry. Likewise, in 2019 & 2023 the backyard was transformed into an urban oasis.
Directions
Hennepin Ave to 25th St, west to Lake Pl, south/left to home.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Basement

Full
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level 3/4 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Room
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Family Room Characteristics

2 or More
Yes
Lower Level
Yes
Main Level
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Family Room
Yes
Living Room
Yes
Primary Bedroom
Yes
Wood Burning
Yes
Other
Yes

Fuel

Natural Gas
Yes

Heating

Radiant
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake View
Yes

Laundry

Laundry Room
Yes
Upper Level
Yes

Lock Box Type

Supra
Yes

Lot Description

Corner Lot
Yes
Public Transit (w/in 6 blks)
Yes
Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Pool Description

Below Ground
Yes

Road Frontage

City Street
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
3 BR on One Level
Yes
4 BR on One Level
Yes
Primary Bdr Suite
Yes

Stories

More Than 2 Stories
Yes

Water

City Water/Connected
Yes

Waterfront View

Lake
Yes

Room Information

Laundry Dimensions: 15x13 Library Dimensions: 14x12 Sixth (6th) Bedroom Dimensions: 15x14 Level: Third Fifth (5th) Bedroom Dimensions: 15x15 Level: Third Family Room Dimensions: 20x18 Family Room Dimensions: 18x18 Level: Main Office Dimensions: 30x15 Second (2nd) Bedroom Dimensions: 14x13 Level: Upper First (1st) Bedroom Dimensions: 21x17 Level: Upper Fourth (4th) Bedroom Dimensions: 15x11 Level: Upper Third (3rd) Bedroom Dimensions: 14x13 Level: Upper Dining Room Dimensions: 20x13 Level: Main Living Room Dimensions: 30x15 Level: Main Kitchen Dimensions: 26x24 Level: Main
Listing Office: Lakes Sotheby's International
IDX
Last Updated: August - 08 - 2025
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