The Island Residences

501 Carlson Pky, Minnetonka, MN 55305

Last Updated: Today

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Floor Plan Summary
Total Monthly Price	Bedrooms	Bathrooms	Sq. Ft.
$1,648 - $3,591	Studio - 3 Beds	Studio - 3	1 - 2 Baths	1 - 2	595 - 1,457 sq. ft.

Rent Specials

Now offering $500 off First Months Base Rent! Minimum lease term applies. Other costs and fees excluded.

Pricing and Floor Plans

Crystal

$1,648 - $1,693

Studio, 1 Bath

, 595 Sq. Ft.

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Apr. 8

Unit

Total Price

Sq. Ft.

Available

132

$1,693

595 Sq. Ft.

4/8/26

232

$1,648

595 Sq. Ft.

4/28/26

Cooks

$1,723

Studio, 1 Bath

, 612 Sq. Ft.

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1 Rental Available

Unit

Total Price

Sq. Ft.

Available

303

$1,723

612 Sq. Ft.

Now

Echo

$2,019 - $2,054

1 Bed, 1 Bath

, 719 Sq. Ft.

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Mar. 21

Unit

Total Price

Sq. Ft.

Available

116

$2,054

719 Sq. Ft.

3/21/26

316

$2,019

719 Sq. Ft.

4/22/26

Jennings

$2,154

1 Bed, 1 Bath

, 827 Sq. Ft.

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Apr. 18

Unit

Total Price

Sq. Ft.

Available

305

$2,154

827 Sq. Ft.

4/18/26

New

Forest

$3,135 - $3,161

2 Beds, 2 Baths

, 1,156 Sq. Ft.

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2 Rentals Available

Unit

Total Price

Sq. Ft.

Available

335

$3,135

1,156 Sq. Ft.

Now

135

$3,161

1,156 Sq. Ft.

4/18/26

Harrison North

$2,936

2 Beds, 2 Baths

, 1,145 Sq. Ft.

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Apr. 4

Unit

Total Price

Sq. Ft.

Available

320

$2,936

1,145 Sq. Ft.

4/4/26

Harrison South

$2,891

2 Beds, 2 Baths

, 1,124 Sq. Ft.

Show Floor Plan Details

May. 18

Unit

Total Price

Sq. Ft.

Available

429

$2,891

1,124 Sq. Ft.

5/18/26

Lafayette

$3,526 - $3,591

3 Beds, 2 Baths

, 1,457 Sq. Ft.

Show Floor Plan Details

3 Rentals Available

Unit

Total Price

Sq. Ft.

Available

107

$3,526

1,457 Sq. Ft.

Now

508

$3,591

1,457 Sq. Ft.

Now

308

$3,526

1,457 Sq. Ft.

5/9/26

* 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.

Utilities & Essentials

Utility - Billing Administrative Fee
$5.56 / mo
Utility - Water
Varies / mo
Disclaimer: 49 Utility apportionment is allocation: number of occupants in unit.
Trash Services - Hauling
Varies / mo
Disclaimer: 57 Utility apportionment is allocation: divided eq per occupied unit.
Utility - Natural Gas - Third Party
Varies / mo
Utility - Electric - Third Party
Varies / mo
Utility - Sewer
Varies / mo
Disclaimer: 49 Utility apportionment is allocation: number of occupants in unit.
Renters Liability Insurance - Third Party
Varies / mo
Disclaimer: 25 Price varies based on selections with third party provider.
Utility - Stormwater/Drainage
Varies / mo
Disclaimer: 56 Utility apportionment is allocation: divided eq per unit.

One-Time Basics

Due at Application

Administrative Fee
$150
Application Fee
$50

Due at Move-In

Security Deposit (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

Explore Commute Options

Destination Address

Drive Time
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Walk Time
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Bike Ride Time
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Public Transit
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Property Highlights

Dog Run/Dog Paths
Club Room and Entertainment Kitchen
In-Unit Washer and Dryer
Wi-Fi in Common Areas
Conference Room and Business Center
Direct Access to I-394 and I-494
Fire Pit, Grilling Lounge and Outdoor Kitchens
Canoe, Kayak & Paddleboard Landing
Proximity to Office
Running Trails
Walking Paths Tied into Carlson Center
Energy Star Stainless Gas Range
Environmentally Friendly
Pet Friendly
Bike Storage and Workshop
Pet-Friendly Areas & Pet Spa*
Proximity to Lake Minnetonka and Wayzata Bay
Secured Bicycle Storage
Surrounded by Water
Cabanas and Spa
Designer Roller Shades
LED & Fluorescent Lighting
Natural Island Setting on the Lake
Natural Setting
Onsite Scenic Walking Paths
Outdoor Terrace with Lap Pool
*In Select Units
*Restrictions apply
Canoe/Kayak Landing
Communal Fire Pit
Energy Star® Stainless Gas Range
Poolside Outdoor Kitchen
Wine Storage and Private Tasting Room

Apartment Features

Air Conditioning
Deck
Heating
High Speed Internet Access
Kitchen
Office
Oven
Range
Refrigerator
Tub/Shower
Walk-In Closets
Wheelchair Accessible (Rooms)
Wi-Fi
Workshop

Community Features

Bicycle Storage
Business Center
Cabana
Clubhouse
Conference Rooms
Controlled Access
Dog Park
Elevator
Fitness Center
Grill
Laundry Facilities
Lounge
Maintenance on site
Package Service
Pool
Property Manager on Site
Recycling
Sauna
Spa
Sundeck
Walking/Biking Trails
Waterfront

Area Scores

Walk Score ®

Car-Dependent15 / 100

Bike Score ®

Somewhat Bikeable43 / 100

Scores provided by

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

28 min Drive

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

Birchview Elementary

Grades K-5

Public

Gleason Lake Elementary

Grades K-5

Public

L.H. Tanglen Elementary

Grades PK-5

Public

Wayzata Central Middle

Grades 6-8

Public

Wayzata High

Grades 9-12

Public

Fourth Baptist Christian School

Grades PK-12

Private

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.

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 in Minnetonka, MN

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

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

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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

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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