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$7,250,000

  • 3 beds
  • 3 baths
  • 1,351 sqft

1000 Gale Island, Shorewood, MN 55331

For sale Est. —/mo

  • House · Single Family
  • Built in 1874
  • 2 acres lot
  • $5,366/sqft

Overview

61 days on market MLS # 7032563

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.***

Facts & features

Interior

  • Bedrooms: 3
  • Bathrooms: 3 (2 three-quarter, 1 half)
  • Finished sqft: 1,351
  • Above grade sqft: 1,351
  • Basement: None
  • Heating: Forced Air
  • Cooling: Central Air
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Laundry: Main Level
  • Fireplaces: 2 (Stone)

Property

  • Parking: None
  • Lot size: 2 acres
  • Lot dimensions: Irregular
  • Lot features: Island/Peninsula
  • Exterior features: Shakes
  • Waterfront: Lake Front
  • View: Panoramic
  • Other structures: Guest House, Other, Second Residence

Construction

  • Home type: House (Single Family)
  • Levels: One
  • Year built: 1874
  • Roof: Shake

Utilities

  • Sewer: Private Sewer
  • Water: Well

Taxes & location

  • Annual taxes: $23,202 (2026)
  • County: Hennepin
  • School district: Minnetonka

Listing

  • Status: For sale
  • Listed: Aug 11, 2026
  • Days on market: 61
  • MLS #: 7032563

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of Coldwell Banker Realty

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated October 16, 2026.