Advertisement

Lake of the Isles mansion sold for $4.859 million

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

November 10, 2009 at 3:05AM
This Lake of the Isles mansion in Minneapolis sold for $4.859 million this fall.
This Lake of the Isles mansion in Minneapolis sold for $4.859 million this fall. (Dml -/The Minnesota Star Tribune)
Advertisement

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.

This Lake of the Isles mansion in Minneapolis sold for $4.859 million this fall.
This Lake of the Isles mansion in Minneapolis sold for $4.859 million this fall. (Dml -/The Minnesota Star Tribune)
about the writer

about the writer

More from Business

See More
After 10 years of planning, downsizing and finally a takeover by the city -- which served as its developer -- the Penfield, a building of market-rate apartments in downtown St. Paul, marked its grand opening Thursday, 2/6/14. A look at where things stand and whether the city is close to selling it to a private developer.
Bruce Bispng/The Minnesota Star Tribune

The German discount grocer applied for a permit to remodel the former Lunds & Byerlys space in downtown St. Paul. The area hasn’t had a full-service grocery store in almost a year.

card image
card image
Advertisement