Rare 2-Acre Private Island Retreat on Minnesota’s Lake Minnetonka Is Listed for the First Time in 50 Years

An extremely "rare opportunity" to buy a private island on Lake Minnetonka has just hit the market for $7,250,000.Located in Shorewood, MN, the 2-acre legacy compound on Gale Island, surrounded by 1,841 feet of luxurious lakeshore, features several structures:The waterfront barbecue gazebo, built in 1957, has a lower level for storage and a stone patio overlooking the lake.A three-bedroom summer house with a stone fireplace, built in 1874, with a north addition completed in 1913 and later remodeled from 2006–07.A three-bedroom main house, built in 1950, featuring a kitchen remodeled in 1990 and a family room and dining room added in 2001.The guest cabin, built in 1954 and remodeled in 2009–10, offering two bedrooms, a kitchenette, and a sitting room.A three-story waterfront tower featuring hidden beds and a kitchenette.A log cabin, built in 1953, located across the channel and accessed by a bridge, features a stone fireplace and is currently being used for storage."Lake Minnetonka is the lake in Minnesota," says listing agent Jeffrey Dewing of Coldwell Banker Realty. "It's a very storied and sought-after destination, and it's very rare for an island to come to market. This one has ...