Lake of the Isles mansion sold for $4.859 million

Karen Melvin Photography, Dml -

This Lake of the Isles mansion in Minneapolis sold for $4.859 million this fall.

The mansion on Lake of the Isles sold for a record-breaking $4.859 million this fall.

Last update: November 9, 2009 - 9:05 PM

When a Lake of the Isles mansion in Minneapolis sold for a record-breaking $4.859 million this fall, the name of the buyer was not yet public.

On Monday, Hennepin County property tax records for the home's address were updated with the name of the buyer: Eric Siegert, senior managing director with investment banking firm Houlihan, Lokey, Howard & Zukin in Minneapolis. When the 15-room Spanish Mediterranean-style home sold in September, it was the most a house had ever sold for in Minneapolis.

Recent Local + Metro stories

Finalists for superintendent down to 3 - November 9, 2009

Finalists for superintendent down to 3 - One came here from Santiago, Chile, knowing little English. Another made it through segregated schools in southern Arkansas, while the third hails from northeast Minneapolis and says she's a "tried and true" Minnesotan. More