




1724 Summit Ave, Minneapolis, MN, 55403
About This Home
Architectural masterpiece in the heart of the Lowry Hill neighborhood, just one block from Kenwood Park and the prestigious Lake of the Isles. This exceptional 4-bedroom, 7-bath home is defined by timeless craftsmanship, stunning mahogany woodwork, and expansive, light-filled spaces. Situated on a gated corner lot at Summit and Knox Avenues, the main level features a luxurious living room with rich mahogany detailing, three fireplaces, a light-filled dining room showcasing elegant woodwork, and a spacious second living area with vaulted ceilings, custom cabinetry, and versatile design for entertaining or everyday living. A sunroom bathes the space in natural light, creating an inviting nook perfect for morning coffee, reading, or relaxing in luxury. The refined main-floor office offers abundant light, sophisticated finishes, and a conveniently connected half bath. An oversized, functional kitchen and seamless access to outdoor spaces enhance the home’s already expansive entertaining possibilities. The stunning grand staircase leads to upper-level bedrooms, each with an ensuite bath, highlighted by an expansive primary suite featuring a connected bathroom and a large walk-in closet with a separate exit. The third level offers a flexible suite with a bedroom, bath, and living space—ideal for a live-in nanny, multi-generational living, growing children, or creative use. The lower level is designed for leisure and entertainment, boasting a handcrafted bar, climate-controlled wine cellar, amusement room, and a glass-walled exercise room ready for your personal gym. Premium commercial-grade fiber and an interconnected home electronic system provide modern 21st-century convenience, while a fenced backyard and spacious, attached garage complete this private oasis. Combining elegance, functionality, and an unrivaled location, this home delivers an extraordinary living experience just minutes from downtown, the airport, and major freeways.
Getting Around
Schools
Construction
Condition
- Year built: 1907
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Laundry features: Upper Level
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedroom
- Level: Upper
- Area: 252
- Dimensions: 18 x 14
Bedroom2
- Level: Upper
- Area: 238
- Dimensions: 17 x 14
Bedroom3
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Bedroom4
- Level: Third
- Area: 297
- Dimensions: 27 x 11
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 2
- 3/4 bathrooms: 3
- 1/2 bathrooms: 2
Dining Room
- Level: Main
- Area: 252
- Dimensions: 18 x 14
Exercise Room
- Level: Lower
- Area: 143
- Dimensions: 13 x 11
Family Room
- Level: Main
- Area: 396
- Dimensions: 22 x 18
Family Room
- Level: Lower
- Area: 533
- Dimensions: 41 x 13
Features
- Number of fireplaces: 3
- Fireplace features: Wood Burning
- Fireplace: Yes
- Finished area below ground: 1,764
- Finished area above ground: 5,875
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 7,709
- Total interior livable area: 7,709 sqft
Kitchen
- Level: Main
- Area: 360
- Dimensions: 20 x 18
Living Room
- Level: Main
- Area: 663
- Dimensions: 39 x 17
Office
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Other
- Level: Lower
- Area: 198
- Dimensions: 18 x 11
Other
- Level: Lower
- Area: 130
- Dimensions: 13 x 10
Sun Room
- Level: Main
- Area: 350
- Dimensions: 35 x 10
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2802924340109
- Zoning description: Residential-Single Family
- Foundation area: 1864
Features
- Levels: More Than 2 Stories
- Fencing: Full
Lot
- Lot size: 10,454 sqft
- Lot size dimensions: 77 x 135
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,368 | $100,416 |
| Home Insurance * | $1,332 | $15,984 |
| Property Taxes | $2,151 | $25,812 |
| Electricity | $650 | $7,802 |
| Total | $12,501 | $150,012 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-11 | Listed for sale | $1,795,000 |
| 2025-09-18 | Listing removed | $1,850,000 |
| 2025-06-06 | Pending sale | $1,850,000 |
| 2025-02-22 | Listed for sale | $1,850,000 |
| 2024-06-07 | Listing removed | -- |
| 2023-09-29 | Listed for sale | $1,995,000 |
| 2022-04-27 | Listing removed | -- |
| 2022-02-14 | Price change | $1,900,000 |
| 2021-08-11 | Listed for sale | $2,250,000 |
| 2016-08-24 | Sold | $1,850,000 |
| 2016-05-20 | Listed for sale | $1,975,000 |
| 2008-10-07 | Listing removed | $2,695,000 |
| 2008-09-13 | Listed for sale | $2,695,000 |
