Exploring Expensive Minneapolis Neighborhoods

Aug 22, 2024

Four Most Expensive Neighborhoods in Minneapolis

Introduction

  • Presenter: Lisa Wickman from Wickman Real Estate Group
  • Purpose: Tour of the four most expensive neighborhoods in Minneapolis.
  • Overview of the Minneapolis skyline and its convenience to downtown and Uptown.

Neighborhoods Covered

  1. Lowry Hill Neighborhood
  2. East Isles (Lake of the Isles)
  3. Kenwood Neighborhood
  4. Cedar Isles Dean

Boundaries

  • North: Bordered by 394
  • East: Hennepin Avenue
  • West: France Avenue (St. Louis Park edge)
  • South: Lake Street (Cedar Isles Dean area) and Kenwood Parkway

Property Pricing

  • Homes start at about $1 million
  • Highest current listing: $4.5 million (Cedar Isles Dean)
  • Compact area: Only about a mile to mile and a half across.

Common Features Across Neighborhoods

  • Proximity to lakes (Cedar Lake and Lake of the Isles)
  • Lowry Hill: Convenient access to downtown and Uptown.
  • Significant green space, parks, and stunning architecture (turn of the century estates).

Neighborhood Highlights

Lowry Hill Neighborhood

  • Walkability to cafes, coffee shops, bars, and entertainment.
  • Nearby attractions: Walker Art Center and Minneapolis Sculpture Garden.
  • Community activities (e.g., events in parks, ice skating, trails).

East Isles Neighborhood

  • Proximity to Lake of the Isles (2.6 miles around) - no motorized boats allowed.
  • Outdoor activities: paddle boarding, canoeing, fishing, ice skating, cross-country skiing.
  • Notable Event: "Luminary" event in February.

Kenwood Neighborhood

  • Quiet, residential area with more single-family homes compared to condos and apartments.
  • Community involvement: active neighborhood associations.
  • Kenwood Elementary: Known for arts and academic rigor.

Cedar Isles Dean Neighborhood

  • Features both condos and homes, prices vary greatly.
  • Cedar Lake: Only lake with homes directly on it, offers swimming beaches.
  • Outdoor activities and parks are prevalent.

Conclusion

  • Each neighborhood offers unique benefits and living experiences.
  • Importance of being familiar with the areas when considering a move.
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