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Active NEW!
$1,655,000
/mo Edit
Single Family:  More Than 2 Stories
4 br • 7 ba • Built 1907
7,639 sqft • 0.24 acres
Minneapolis schools
MLS# 7080935
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    Property Description

    Be a part of this story.  The story of 1724 Summit Ave is really the story of how Lowry Hill evolved from a wooded ridge above downtown into Minneapolis’ old-money mansion district. Built in 1907, at the height of Lowry Hill’s development, the home reflects an era when Minneapolis milling, lumber, railroad, and finance fortunes were transforming the neighborhood. Summit Avenue became a showcase street for prominent families building architect-designed homes on elevated, tree-lined land near downtown. What makes 1724 Summit especially representative of the period is its scale and craftsmanship. Original mahogany millwork, a grand staircase, fireplaces, sunrooms, and formal entertaining spaces reflect the hallmarks of early-20th-century high end Minneapolis architecture. The home was designed not only as a residence, but as a setting for entertaining and prosperity. In 1907, Minneapolis was one of the wealthiest cities in America per capita, fueled by flour milling and timber. Developers like Thomas Lowry transformed the area west of downtown into an elite enclave known for its grand homes and prestigious reputation. Unlike many historic mansions that were later divided or demolished, 1724 Summit remains an intact single-family estate, a rarity for a 7, 600+ square-foot home of this era. The modern real-estate story reflects growing appreciation for preserved “legacy homes” near the city’s urban core. Today, 1724 Summit stands out for its rare combination of scale, original craftsmanship, and prestigious historic location. Homes with this level of millwork, room volume, historic character, and proximity to Lake of the Isles and Kenwood are increasingly scarce.  Architecturally, the home bridges Victorian and emerging Edwardian design, blending formal entertaining spaces and handcrafted detail with brighter rooms and more open gathering areas. Its prominent corner setting at Summit and Knox further reinforced its original status and presence within Lowry Hill.

    Listing

    Contingency: None
    Price per sq ft: $217
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: More Than 2 Stories
    Zip Code: 55403
    Neighborhood/Area: 46
    Subdivision Name: Greens 5th Add

    Interior

    Living Area: 7,639 ft2
    Common Wall: No
    Fireplace Details: Wood Burning
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 30 x 23
    Garage Size: 690 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,864 ft2
    Foundation Dimensions: 41 x 37
    Fencing: Full
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage
    Unit Amenities:
    • Exercise Room
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Natural Woodwork
    • Patio
    • Skylight
    • Sun Room
    • Walk-In Closet
    • Wet Bar

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 2
    3/4 Baths: 3
    Dining/Kitchen: Separate/Formal Dining Room
    Laundry: Upper Level
    Upper Level Size Sq Ft
    Bedroom  18 x 14  252 
    Bedroom 2  17 x 14  238 
    Bedroom 3  13 x 11  143 
    Third Level Size Sq Ft
    Bedroom 4  27 x 11  297 
    Main Level Size Sq Ft
    Dining Room  18 x 14  252 
    Family Room  22 x 18  396 
    Kitchen  20 x 18  360 
    Living Room  39 x 17  663 
    Office  14 x 13  182 
    Sun Room  35 x 10  350 
    Lower Level Size Sq Ft
    Bar/Wet Bar Room  18 x 11  198 
    Exercise Room  13 x 11  143 
    Family Room  41 x 13  533 
    Wine Cellar  13 x 10  130 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.24
    Geolocation: 44.965591, -93.301622
    Lot Dimensions: 77 x 135
    Zoning: Residential-Single Family

    Schools

    School District: 1
    District Phone: 6126680000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $36,673
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $36,673
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.