Rare opportunity to own one of Lake Minnetonka’s private islands offering approximately 1,841’ of unparalleled lakeshore! Throughout the last 150 years, Gale Island has evolved into a one-of-a-kind compound where generations have gathered to celebrate summers, holidays, and lifelong traditions. The original Summer House was built in 1874 and is among four cabins throughout the 2 acre setting! Beautifully updated throughout the years, each structure tells its own story while maintaining it’s historical charm. The Summer House offers 3 BR/2.5 BA; the Main House 3 BR/2.5BA; the Guest House 2 BR/1BA; and the Tower offers a living area with ½ bath. Properties of this significance rarely become available-- Gale Island offers an opportunity to become the next steward of one of Lake Minnetonka’s historic landmarks! See supplement for additional information. ***Do NOT access the island without prior approval from the Listing Agent. Buyer verification of funds must accompany all showing requests.***
Active
$7,250,000
1000 Gales Is, Shorewood, MN 55331
3beds
1,351sqft
Single Family
Built in 1874
2 Acres Lot
$6,712,700 Zestimate®
$5,366/sqft
$-- HOA
What's special
Private islandHistorical charm
- 56 days
- 4,261
- 261
Zillow last checked:
Listing updated:
Listed by:
Jeffrey J Dewing 612-597-0424,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7032563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Dining room
- Description: Eat In Kitchen,Living/Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Stone
Interior area
- Total structure area: 1,351
- Total interior livable area: 1,351 sqft
- Finished area above ground: 1,351
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Panoramic
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 1841
Lot
- Size: 2 Acres
- Features: Island/Peninsula
Details
- Additional structures: Guest House, Other, Second Residence
- Foundation area: 1250
- Parcel number: 2211723440001
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Shake
Condition
- New construction: No
- Year built: 1874
Utilities & green energy
- Gas: Other
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Shorewood
Financial & listing details
- Price per square foot: $5,366/sqft
- Tax assessed value: $1,994,600
- Annual tax amount: $23,202
- Date on market: 8/11/2026
Estimated market value
$6,712,700
$6.38M - $7.05M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $7,250,000$5,366/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7032563 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $23,202 +3.5% | $1,994,600 +2.2% |
| 2025 | $22,413 +5.5% | $1,952,400 +1.5% |
| 2024 | $21,239 +2.8% | $1,924,100 |
| 2023 | $20,666 +0.9% | $1,924,100 +4.5% |
| 2022 | $20,479 +1.1% | $1,842,000 +17.9% |
| 2021 | $20,251 -4% | $1,563,000 +1.8% |
| 2020 | $21,094 +4.2% | $1,535,000 +0.7% |
| 2019 | $20,251 -4% | $1,524,000 -0.3% |
| 2018 | $21,094 -5.7% | $1,528,000 +0.9% |
| 2017 | $22,369 -0.9% | $1,514,000 +2% |
| 2016 | $22,566 +0% | $1,485,000 |
| 2015 | $22,565 -3.4% | $1,485,000 +7.1% |
| 2014 | $23,350 +0.5% | $1,387,000 -3.4% |
| 2013 | $23,226 -0.6% | $1,436,000 -4.8% |
| 2012 | $23,367 +2.3% | $1,509,000 -3.3% |
| 2011 | $22,832 +10.8% | $1,561,000 +1.3% |
| 2010 | $20,608 +5.4% | $1,541,000 +1.9% |
| 2009 | $19,553 +37.8% | $1,512,800 +55% |
| 2006 | $14,188 -12% | $976,000 +4.7% |
| 2005 | $16,121 +12% | $932,300 +15% |
| 2004 | $14,400 +48.2% | $810,700 +43.9% |
| 2002 | $9,718 +18.9% | $563,400 |
| 2001 | $8,174 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
