• The Island Residences - The Island Residences

The Island Residences

501 Carlson Pky, Minnetonka, MN 55305

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$2,005 - $3,696 Studio - 3 1 - 2
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Pricing and Floor Plans

Emerald

$2,005 - $2,070
1 Bed, 1 Bath
752 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
523
$2,070
752
Now
323
$2,005
752
12/17/25

Harrison North

$3,070 - $3,095
2 Beds, 2 Baths
1,145 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
126
$3,095
1,145
Now
128
$3,070
1,145
12/27/25

Harrison South

$3,005 - $3,025
2 Beds, 2 Baths
1,124 Sq. Ft.

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Dec. 20
Unit
Total Price
Sq. Ft.
Available
427
$3,025
1,124
12/20/25
329
$3,005
1,124
1/24/26

Lafayette

$3,631 - $3,696
3 Beds, 2 Baths
1,457 Sq. Ft.

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Dec. 16
Unit
Total Price
Sq. Ft.
Available
107
$3,631
1,457
12/16/25
508
$3,696
1,457
2/7/26
* Price shown is total price including community-supplied monthly required fees. 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

Rent Estimate
Cost Calculator: Estimate your monthly and one-time fees.View More

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

Utilities & Essentials

  • Utility - Billing Administrative Fee
    $5.35 / mo
  • Utility - Water
    Varies
  • Trash Services - Hauling
    Varies
  • Utility - Natural Gas - Third Party
    Varies
  • Utility - Electric - Third Party
    Varies

One-Time Basics

Due at Application

  • Administrative Fee
    $150 one-time
  • Application Fee
    $50 one-time

Due at Move-In

  • Security Deposit (Refundable)
    $500 one-time

Due at Move-Out

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.

Matterport 3D Tours

Property Highlights

  • Conference Room and Business Center
  • Direct Access to I-394 and I-494
  • Fire Pit, Grilling Lounge and Outdoor Kitchens
  • Club Room and Entertainment Kitchen
  • In-Unit Washer and Dryer
  • Wi-Fi in Common Areas
  • Energy Star Stainless Gas Range
  • Environmentally Friendly
  • Pet Friendly
  • Dog Run/Dog Paths

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

Map of The Island Residences

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Neighborhood Scores

Walk Score ®

Car-Dependent14 / 100

Bike Score ®

Somewhat Bikeable43 / 100

Soundscore

Active72 / 100

Transit

Airport
Minneapolis-St Paul International/Wold-Chamberlain
28 min Drive
Minneapolis–Saint Paul International

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

Local Education

Primary and Secondary Schools

8 rating

Birchview Elementary

Grades K-5

Public

8 rating

Gleason Lake Elementary

Grades K-5

Public

3 rating

L.H. Tanglen Elementary

Grades PK-6

Public

8 rating

Wayzata Central Middle

Grades 6-8

Public

10 rating

Wayzata High

Grades 9-12

Public

undefined rating

Fourth Baptist Christian School

Grades PK-12

Private

Data provided by GreatSchools.org 2024 © 2024. All rights reserved.

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Colleges and Universities

School

Commute Time (Distance)

Minneapolis College

Drive: 16 min (10 mi)

University of St. Thomas

Drive: 16 min (10.5 mi)

North Central University

Drive: 19 min (11.3 mi)

North Hennepin Comm. Coll.

Drive: 21 min (14.1 mi)

About The Island Residences

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 an apartment community

Greystar

Contact

Property Address:
501 Carlson Pky,
Minnetonka, MN 55305
Phone Number: (855) 919-4920
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

Renter Reviews

For The Island Residences

4.8

51 Ratings & Reviews

How Is This Rating Determined?

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

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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

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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

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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

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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

6/19/22

Verified Renter

Love the location, great amenities, walking around the the area is fantastic. I saw deer on the island of he first time I walked around the building. Most of the residents are very friendly. I love that hummingbirds during this he summer and the native plants so that if you look close enough you can see a lot of native bees.

Review from Apartments.com

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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! Have a fantastic day!
-Lindsay P., Community Manager

The Island Residences Gallery

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