The Island Residences

501 Carlson Pky, Minnetonka, MN 55305

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms Sq. Ft.
$1,736 - $3,669 Studio - 3 Beds Studio - 3 1 - 2 Baths 1 - 2 595 - 1,457 sq. ft.

Pricing and Floor Plans

Cooks

$1,736
Total Monthly Price
Studio, 1 Bath
612 Sq. Ft.
1 Rental Available
Unit
Total Price
Sq. Ft.
Available

Emerald

$2,014 - $2,109
Total Monthly Price
1 Bed, 1 Bath
752 Sq. Ft.
Mar. 7
Unit
Total Price
Sq. Ft.
Available

Halsted

$2,109
Total Monthly Price
1 Bed, 1 Bath
783 Sq. Ft.
Mar. 14
Unit
Total Price
Sq. Ft.
Available

Echo

$2,014
Total Monthly Price
1 Bed, 1 Bath
719 Sq. Ft.
Mar. 21
Unit
Total Price
Sq. Ft.
Available

Harrison South

$2,685 - $2,705
Total Monthly Price
2 Beds, 2 Baths
1,124 Sq. Ft.
2 Rentals Available
Unit
Total Price
Sq. Ft.
Available

Forest

$2,930 - $2,940
Total Monthly Price
2 Beds, 2 Baths
1,156 Sq. Ft.
Feb. 24
Unit
Total Price
Sq. Ft.
Available

Lafayette

$3,604 - $3,669
Total Monthly Price
3 Beds, 2 Baths
1,457 Sq. Ft.
2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • 6 - 12 Month Leases

Property Information

  • Built in 2015
  • 174 units/5 stories

Specialty Housing Details

This property is intended and operated in accordance with the Housing for Older Persons provisions of the Fair Housing Act.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Monthly Utilities & Services

  • Utility - Electric
    $0/mo
  • Utility - Gas
    $0/mo
  • Utility - Water
    $0/mo

One-Time Move-In Fees

  • Administrative Fee
    $150
  • Application Fee
    $50
  • Security Deposit Refundable - Refundable
    $500

Property Fee Disclaimer: Total Monthly Leasing Price includes base rent, all monthly mandatory and any user-selected optional fees. Excludes variable/usage-based utilities and services, deposits, and required one-time fees due at or prior to move-in or at move-out. The total price varies on selected options, third-party rates, and other variable factors, including usage-based rates. Security Deposit may change based on screening results, but total will not exceed legal maximums. Some items may be taxed under applicable law. Some fees may not apply to rental homes subject to an affordable program. All fees are subject to application and/or lease terms, which may be requested prior to applying. Prices and availability subject to change. Resident is responsible for damages beyond ordinary wear and tear. Resident may need to maintain insurance and to activate and maintain utility services, including but not limited to electricity, water, gas, and internet, per the lease. Utilities included in rent: None. Pets: Pet breed and other pet restrictions apply. Rentable Items: All Parking, storage, and other rentable items are subject to availability. Final pricing and availability will be determined during lease agreement. See Leasing Agent for details.

Matterport 3D Tours

Property Details

Retreat to The Island Residences at Carlson Center, a stunning, 5 story Class A apartment community in Minnetonka. We are uniquely nestled within a secluded and serene natural oasis of lush greenery bounded by water on all sides. In our... well-appointed alcove and one to three bedroom apartment homes, our residents and guests will enjoy the trails and trees surrounding the property, heated underground parking, and the surrounding lake views. . We offer first-class amenities including a clubroom, an onsite guest suite, coffee lounge with WiFi, sauna and spa, and a fitness center that will include world-class strength training and cardiovascular equipment with individual televisions, a stretching area, and free weights. The community will also provide direct access to outdoor amenities, including waterfront views, a pool deck featuring an outdoor grilling lounge and kitchen, fire pit and an exquisite lap pool.

The Island Residences is located in Minnetonka, Minnesota in the 55305 zip code. This apartment community was built in 2015 and has 5 stories with 174 units.

Apartment Features

  • Air Conditioning
  • Deck
  • Heating
  • High Speed Internet Access
  • Kitchen
  • Office
  • Oven
  • Range
  • Refrigerator
  • Tub/Shower

Community Features

  • Bicycle Storage
  • Business Center
  • Cabana
  • Clubhouse
  • Conference Rooms
  • Controlled Access
  • Dog Park
  • Elevator
  • Fitness Center
  • Garages

Property Highlights

  • Dog Run/Dog Paths
  • Canoe, Kayak & Paddleboard Landing
  • Proximity to Office
  • Running Trails
  • Walking Paths Tied into Carlson Center
  • *In Select Units
  • *Restrictions apply
  • Canoe/Kayak Landing
  • Communal Fire Pit
  • Energy Star® Stainless Gas Range

Map of The Island Residences

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Hospitals

Hospital

Commute Time (Distance)

Park Nicollet Methodist Hospital

Drive: 16 min (9.2 mi)

North Memorial Health

Drive: 20 min (11.9 mi)

Hennepin County Medical Center

Drive: 19 min (11.6 mi)

Fairview Southdale Hospital

Drive: 18 min (12.6 mi)

Greystar

Contact

Property Address:
501 Carlson Pky,
Minnetonka, MN 55305
Phone Number: (833) 996-2765
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday10:00 AM - 6:00 PM
  • Tuesday10:00 AM - 6:00 PM
  • Wednesday10:00 AM - 6:00 PM
  • Thursday10:00 AM - 6:00 PM
  • Friday10:00 AM - 6:00 PM
  • Saturday10:00 AM - 5:00 PM

Area Scores

Walk Score ®

Car-Dependent14 / 100

Bike Score ®

Somewhat Bikeable43 / 100

Renter Reviews

For The Island Residences

4.8

52 Ratings & Reviews

How Is This Rating Determined?

12/17/25

Come to The Island!

An absolute gem! Have lived here for 5 years with no plans to move.

Ideal location, responsive staff, rustic walking trail surrounded by a lake (wildflowers! fountains!), beautiful landscaping, fast maintenance, friendly community, active by day but quiet at night, pet friendly to the max, all (uniquely) on an Island setting!

Review from Apartments.com

1 Person Found This Helpful

Property Manager at The Island Residences responded to this review

Thank you so much for this incredible review! ?? We’re truly honored that you’ve chosen to call our community home for the past five years—and even more thrilled to hear you have no plans to leave. It’s wonderful to know that the island setting,... walking trails, landscaping, and pet-friendly atmosphere have made such a positive impact, along with our team’s responsiveness and maintenance support. Creating an active, welcoming community that stays peaceful at night is exactly what we strive for. We’re grateful to have you as part of our community and look forward to many more years together! Thank you, Jake Beiersdorf Sr. Community Manager

11/15/22

Verified Renter

I’ve lived here for 2 weeks and I absolutely love it. I love the community feel and having management work on site. Maintenance is very responsive and quick. The amenities and building are always well kept and look great.

Review from Apartments.com

Property Manager at The Island Residences responded to this review

Hi, thank you for your kind review; we are happy to pass along your comments to the maintenance team here at The Island Residences! Please don't hesitate to reach out to us if there's anything more we can do!
-Lindsay P., Community Manager

11/10/22

Verified Renter

I love living here. Very clean and beautiful apartment building and community. Would recommend to anyone!

Review from Apartments.com

Property Manager at The Island Residences responded to this review

Hi there, thank you so much for your positive comments about The Island Residences at Carlson Center Apartments! We can't wait to see you again, have a great day.
-Lindsay P., Community Manager

7/24/22

Verified Renter

Love our apartment. People are very pleasant and the office and maintenance staff are helpful and kind

Review from Apartments.com

Property Manager at The Island Residences responded to this review

Thank you again for taking the time to let us know how we did. We hope you have a great day! We hope to see you soon!
-Lindsay P., Community Manager

7/11/22

Verified Renter

My experience at The Island Residences has been very positive. From my initial visit to see this property to ease of move in has been impressive. Beautiful apartments that are super quiet. Helpful front office staff. The grounds are gorgeous with so many paths and places to walk. Friendly and kind Neighbors.

Review from Apartments.com

Property Manager at The Island Residences responded to this review

Hi, thank you for your kind review; we are happy to pass along your comments to the team here at The Island Residences at Carlson Center Apartments! If you ever need anything else from us, please feel free to give us a call or stop by. Have an... awesome day!
-The Island Residences

Moving to Minnetonka, MN

Shopping Centers

Shoppers will appreciate The Island Residences proximity to Westdale Center, Ridgedale Festival Center, and Carlson Center Shoppes. Westdale Center is 0.9 miles away, and Ridgedale Festival Center is within a 22 minute walk.

Parks and Recreation

Recreational activities near The Island Residences are plentiful. Discover 3 parks within 4.2 miles, including Parkers Lake Park, West Medicine Lake Park, and Plymouth Creek Park.

Airports

Living in Minnetonka provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 30 minutes from The Island Residences.

The Island Residences Gallery

(833) 996-2765