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The Island Residences Apartments

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(833) 562-0412
Check Availability
501 Carlson Pky, Minnetonka, MN 55305
Interior Photo
Interior Photo
28 Photos22 Floorplans6 3D Tours1 Videos
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
28 Photos22 Floorplans6 3D Tours1 Videos

Contact

The Island Residences

501 Carlson Pky
Minnetonka, MN 55305
(833) 562-0412
The Island Residences in Minnetonka, MN - Building Photo
  • Studio–3 Bedrooms
  • $1,902-$3,770 Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,897 - $3,765
    Required Monthly Fees
    $5
    Total Monthly Price
    $1,902 - $3,770
  • 595–1,457 Square Feet

Rent Specials

Get up to one month free *Minimum lease term applies. Other costs and fees excluded.

Ask Us About Our Specials

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 located in the West Minnetonka Neighborhood and 55305 Zip code of Minnetonka, MN. This community is professionally managed by Greystar Real Estate Partners

Unique Features and Amenities

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

See All Amenities

Property Contact Info

View Property Website
Call Us:
(833) 562-0412

Office Hours

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
SundayClosed

Floorplan Pricing and Availability

The Island Residences offers Studio to 3 Bedroom apartments starting from $1,902 and having 595–1,457 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees

  • Studio

    Cooks

    From $1,902

    Studio, 1 Bath, 612 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,897 - $1,902
    Required Monthly Fees
    $5
    Total Monthly Price
    $1,902 - $1,907
    Available Sep 29

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,902 September 29, 2026103612
    $1,907 October 5, 2026403612
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Model Lease Information

    Model Price Range

    • $1,902 - $1,907Total Monthly Price
      Base Rent: $1,897 - $1,902
      Required Monthly Fees: $5

    Unit 103 Amenities and Features

    Features

    • High Speed Internet Access

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 103 Lease Information

    Unit Price

    • $1,902Total Monthly Price
      Base Rent: $1,897
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $1,902 - $1,907Total Monthly Price

    Unit 403 Amenities and Features

    Features

    • High Speed Internet Access

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 403 Lease Information

    Unit Price

    • $1,907Total Monthly Price
      Base Rent: $1,902
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $1,902 - $1,907Total Monthly Price

    Crystal

    Studio, 1 Bath, 595 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityCrystal595 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting
    Show Unavailable Floorplans

  • 1 Bedroom

    Emerald

    From $1,976

    1 Bed, 1 Bath, 752 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,971 - $2,027
    Required Monthly Fees
    $5
    Total Monthly Price
    $1,976 - $2,032
    Available Now
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,976Available Now330752
    $1,996Available Now424752
    $2,032 August 22, 2026409752
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Model Lease Information

    Model Price Range

    • $1,976 - $2,032Total Monthly Price
      Base Rent: $1,971 - $2,027
      Required Monthly Fees: $5

    Unit 330 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 330 Lease Information

    Unit Price

    • $1,976Total Monthly Price
      Base Rent: $1,971
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $1,976 - $2,032Total Monthly Price

    Unit 424 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 424 Lease Information

    Unit Price

    • $1,996Total Monthly Price
      Base Rent: $1,991
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $1,976 - $2,032Total Monthly Price

    Unit 409 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 409 Lease Information

    Unit Price

    • $2,032Total Monthly Price
      Base Rent: $2,027
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $1,976 - $2,032Total Monthly Price

    Gideon

    $2,559

    1 Bed, 1 Bath, 877 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $2,554
    Required Monthly Fees
    $5
    Total Monthly Price
    $2,559
    Available Now
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,559Available Now404877
    Prices shown for this property are the Total Monthly Price including Fees.

    Unit 404 Gallery

    Videos

    Unit 404 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 404 Lease Information

    Unit Price

    • $2,559Total Monthly Price
      Base Rent: $2,554
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $2,559Total Monthly Price

    Jennings

    $2,127

    1 Bed, 1 Bath, 827 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $2,122
    Required Monthly Fees
    $5
    Total Monthly Price
    $2,127
    Available Sep 23

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,127 September 23, 2026506827
    Prices shown for this property are the Total Monthly Price including Fees.

    Unit 506 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 506 Lease Information

    Unit Price

    • $2,127Total Monthly Price
      Base Rent: $2,122
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $2,127Total Monthly Price

    Dutch

    1 Bed, 1 Bath, 635 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityDutch635 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Echo

    1 Bed, 1 Bath, 719 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityEcho719 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Halsted

    1 Bed, 1 Bath, 783 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityHalsted783 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting
    Show Unavailable Floorplans

  • 2 Bedrooms

    Forest

    From $2,774

    2 Beds, 2 Baths, 1156 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $2,769 - $2,994
    Required Monthly Fees
    $5
    Total Monthly Price
    $2,774 - $2,999
    Available Now

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $2,884Available Now1361156
    $2,999 September 4, 20261141156
    $2,984 October 8, 20264361156
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Model Lease Information

    Model Price Range

    • $2,774 - $2,999Total Monthly Price
      Base Rent: $2,769 - $2,994
      Required Monthly Fees: $5

    Current Available Pricing

    • $2,884 - $2,999 Total Monthly Price

    Unit 136 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 136 Lease Information

    Unit Price

    • $2,884Total Monthly Price
      Base Rent: $2,879
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $2,774 - $2,999Total Monthly Price

    Unit 114 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 114 Lease Information

    Unit Price

    • $2,999Total Monthly Price
      Base Rent: $2,994
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $2,774 - $2,999Total Monthly Price

    Unit 436 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 436 Lease Information

    Unit Price

    • $2,984Total Monthly Price
      Base Rent: $2,979
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $2,774 - $2,999Total Monthly Price

    Maxwell

    $3,034

    2 Beds, 2 Baths, 1221 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $3,029
    Required Monthly Fees
    $5
    Total Monthly Price
    $3,034
    Available Sep 27
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $3,034 September 27, 20263191221
    Prices shown for this property are the Total Monthly Price including Fees.

    Unit 319 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 319 Lease Information

    Unit Price

    • $3,034Total Monthly Price
      Base Rent: $3,029
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $3,034Total Monthly Price

    Harrison South

    $2,719

    2 Beds, 2 Baths, 1124 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $2,714
    Required Monthly Fees
    $5
    Total Monthly Price
    $2,719
    Available Nov 15
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,719 November 15, 20263271124
    Prices shown for this property are the Total Monthly Price including Fees.

    Unit 327 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 327 Lease Information

    Unit Price

    • $2,719Total Monthly Price
      Base Rent: $2,714
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Price

    • $2,719Total Monthly Price

    Grays

    2 Beds, 2 Baths, 1139 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityGrays1139 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Harrison North

    2 Beds, 2 Baths, 1145 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityHarrison North1145 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting
    Show Unavailable Floorplans

  • 3 Bedrooms

    Lafayette

    From $3,750

    3 Beds, 2 Baths, 1457 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $3,745 - $3,765
    Required Monthly Fees
    $5
    Total Monthly Price
    $3,750 - $3,770
    Available Sep 17

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $3,750 September 17, 20261071457
    $3,770 October 5, 20264081457
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Controlled Access
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Model Lease Information

    Model Price Range

    • $3,750 - $3,770Total Monthly Price
      Base Rent: $3,745 - $3,765
      Required Monthly Fees: $5

    Unit 107 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 107 Lease Information

    Unit Price

    • $3,750Total Monthly Price
      Base Rent: $3,745
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $3,750 - $3,770Total Monthly Price

    Unit 408 Amenities and Features

    Features

    • High Speed Internet Access

    Living Space

    • Walk-In Closets

    Unique Features

    • *In Select Units
    • Designer Roller Shades
    • Energy Star Stainless Gas Range
    • Environmentally Friendly
    • In-Unit Washer and Dryer
    • LED & Fluorescent Lighting

    Unit 408 Lease Information

    Unit Price

    • $3,770Total Monthly Price
      Base Rent: $3,765
      Required Monthly Fees: $5
      • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $3,750 - $3,770Total Monthly Price
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.

Schedule a Tour

Request Tour
Call us at: (833) 562-0412 to request a tour.

Videos

Unit 404 Video Tour

3D Tours

3D Tour
Conference Room
Clubroom
The Harrison South Floor Plan
Salon Spa
Fitness Center

Property Information

  • 174 Units
  • 5 Stories
  • Built in 2015

Lease Terms

  • 6, 9, 12 mo
Ask About Our Lease Terms

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Ask About Our Fees

Required Fees

Utilities

Utility - Billing Administrative FeeiMax of 1. Amount to manage utility services billing.$5.35/mo
Utility - WateriMax of 1. Usage-Based (Utilities). Amount for provision and consumption of water.Varies/mo
Disclaimer: Utility apportionment is allocation: number of occupants in unit.
Trash Services - HaulingiMax of 1. Amount for shared trash/waste services.Varies/mo
Disclaimer: Utility apportionment is allocation: divided eq per occupied unit.
Utility - Natural Gas - Third PartyiMax of 1. Usage-Based (Utilities). Amount for provision and consumption of natural gas paid to a third party.Varies/mo
Utility - Electric - Third PartyiMax of 1. Usage-Based (Utilities). Amount for provision and consumption of electric paid to a third party.Varies/mo
Utility - SeweriMax of 1. Usage-Based (Utilities). Amount for provision of sewer services.Varies/mo
Disclaimer: Utility apportionment is allocation: number of occupants in unit.
Utility - Stormwater/DrainageiMax of 1. Usage-Based (Utilities). Amount for provision of storm water services.Varies/mo
Disclaimer: Utility apportionment is allocation: divided eq per unit.

One-Time Basics

Due at Application
Application FeeiMax of 1. Amount to process application, initiate screening, and take a rental home off the market.$50
Due at Move-In
Administrative FeeiMax of 1. Amount to facilitate move-in process for a resident.$150

Other Fees and Policies

Situational Fees

Intra-Community Transfer FeeiMax of 1. Amount due when transferring to another rental unit within community.$500/per occurrence
Access/Lock Change FeeiMax of 1. Amount to change or reprogram access to rental home.$100/per occurrence
Access Device - ReplacementiMax of 1. Amount to obtain a replacement access device for community; fobs, keys, remotes, access passes.$100/per occurrence
Access Fee - After HoursiMax of 1. Amount for access to rental home after business hours.$50/per occurrence
Utility - Vacant Cost RecoveryiMax of 1. Usage-Based (Utilities). Amount for utility usage not transferred to resident responsibility any time during occupancy.Varies/per occurrence
Returned Payment Fee (NSF)iMax of 1. Amount for returned payment.$30/per occurrence
Utility - Vacant Processing FeeiMax of 1. Amount for failing to transfer utilities into resident name.$17.42/per occurrence
Renters Liability Only - Non-ComplianceiMax of 1. Amount for not maintaining required Renters Liability Policy.$15/per occurrence
Comments:

Max of 1.

Personal Add-Ons

Cable TV and Internet ServicesiMax of 1. Amount for cable and internet services in rental home.Varies/mo
Disclaimer: Price varies based on selections with third party provider.
Comments:

Max of 1.

Pet Fees

Cat
Pet FeeiMax of 1. Amount to facilitate authorized pet move-in.$250
Pet RentiMax of 2. Monthly amount for authorized pet.$50-$75/mo
Disclaimer: Price varies based on pet type.
Comments:

Max of 1.

Dog
Pet FeeiMax of 1. Amount to facilitate authorized pet move-in.$250
Pet RentiMax of 2. Monthly amount for authorized pet.$50-$75/mo
Disclaimer: Price varies based on pet type.
Comments:

Max of 1.

Cats
  • 2 Pet Limit
Restrictions:

We welcome 2 pets per apartment home. There is a $250 non-refundable pet deposit (which includes up to 2 pets). Monthly charge for one pet $50. Monthly charge for two pets $75. Aggressive breeds are prohibited. Please contact our leasing office for complete Pet Policy.

Dogs
  • 2 Pet Limit
Restrictions:

We welcome 2 pets per apartment home. There is a $250 non-refundable pet deposit (which includes up to 2 pets). Monthly charge for one pet $50. Monthly charge for two pets $75. Aggressive breeds are prohibited. Please contact our leasing office for complete Pet Policy.

Parking Fees

Electric Vehicle Parking
Parking FeeiMax of 1. Amount for electric vehicle space; reserved or pay-per-use station. May be subject to availability.$150/mo
Comments:

Max of 1.

Covered
Parking FeeiMax of 1. Amount for covered parking space/services. May be subject to availability.$30-$125/mo
Disclaimer: Price varies based on rentable item type.
Comments:

Max of 1.

Additional Parking Options

Electric Vehicle Parking
Covered

Storage Fees

Storage Unit
Storage FeeiMax of 1. Amount for usage of optional storage space. May be subject to availability.$130/mo
Comments:

Max of 1.

Storage
Storage Unit

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.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Package Service
  • Property Manager On Site
  • Recycling
  • Laundry Facilities

Community Features

  • Business Center
  • Clubhouse
  • Lounge
  • Conference Rooms
  • Elevator

Outdoor Features

  • Grill
  • Sundeck
  • Waterfront
  • Cabana
  • Controlled Access
  • Deck

Recreation and Fitness

  • Fitness Center
  • Spa
  • Sauna
  • Bicycle Storage
  • Walking/Biking Trails
  • Pool

Interior Features

  • Tub/Shower
  • Heating
  • Air Conditioning
  • Wi Fi
  • Wheelchair Accessible (Rooms)

Kitchen Amenities

  • Oven
  • Range
  • Refrigerator
  • Kitchen

Living Area Features

  • Walk In Closets
  • Workshop
  • Office
Ask About Our Amenities
Google Map

Map

501 Carlson Pky, Minnetonka, MN 55305
Schedule a Time to Come See Us

Getting Around

  • 40 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 10 / 100 Minimal public transit

    Few or no transit options

  • 50 / 100 Fairly bikeable

    Somewhat suitable for bicycle commuting and/or recreation

  • 100 / 100 Exceptionally car friendly

    Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 50 / 100 Restaurants

    Some restaurants within a few minutes

  • 30 / 100 Cafes

    Some cafés within walking distance

  • 20 / 100 Nightlife

    Some bars within walking distance

  • 60 / 100 Shopping

    Several shops within a few minutes

  • 60 / 100 Parks

    Large amount of park space nearby

  • 70 / 100 Noise Level

    Few sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about The Island Residences

Where is The Island Residences located?

The Island Residences is located at 501 Carlson Pky near the West Minnetonka area of Minnetonka, MN

What is the current rent range at The Island Residences?

Studio to 3 Bedroom Apartments at The Island Residences currently range from $1,902 to $3,770

When is the leasing office open?

  • The office Hours for The Island Residences are
  • Monday 10:00 am–6:00 pm
  • Tuesday 10:00 am–6:00 pm
  • Wednesday 10:00 am–6:00 pm
  • Thursday 10:00 am–6:00 pm
  • Friday 10:00 am–6:00 pm
  • Saturday 10:00 am–5:00 pm
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at The Island Residences is: Get up to one month free *Minimum lease term applies. Other costs and fees excluded..

Lifestyle Ratings

  • Active Lifestyle 3.8

    From fitness centers to pools to putting greens, Active Lifestyle apartments feature local listings with the most amenities that support an always active lifestyle.

    Rating Factors

    This 3.8-star Active Lifestyle rating is based on the following features:

    • Waterfront Community
    • Walking/Biking Trails
    • Sauna
    • Bicycle Storage
    • Swimming Pool(s)
    • Fitness Center
    • Whirlpool/Spa/Sauna
Learn more about Lifestyle Search

Renters Reviews and Ratings

4.6
52 Renters Reviews
Showing 1-12 of 52 Reviews

Come to The Island!

December 13, 2025 - Review from Apartments.com
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!

Property Manager Responded

December 18, 2025
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

Verified Renter

November 16, 2022 - Review from Apartments.com
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.

Property Manager Responded

December 5, 2022
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

Verified Renter

November 11, 2022 - Review from Apartments.com
I love living here. Very clean and beautiful apartment building and community. Would recommend to anyone!

Property Manager Responded

November 16, 2022
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

Verified Renter

July 25, 2022 - Review from Apartments.com
Love our apartment. People are very pleasant and the office and maintenance staff are helpful and kind

Property Manager Responded

July 27, 2022
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

Verified Renter

July 11, 2022 - Review from Apartments.com
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.

Property Manager Responded

July 13, 2022
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

Verified Renter

June 20, 2022 - Review from Apartments.com
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.

Property Manager Responded

June 21, 2022
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

Verified Renter

May 27, 2022 - Review from Apartments.com
Nice place with a great view, great walking paths and community amenities.

Property Manager Responded

May 31, 2022
We appreciate your positive review about your recent experience with us! Thank you, and have a fantastic day! -Lindsay P., Community Manager

Verified Renter

March 16, 2022 - Review from Apartments.com
I love my apartment and it’s beautiful. I love big windows, plenty of light. Kitchen is great and very nice gas stow. Amenities are great, it’s nice to have club room to entertainment friends. Sauna is perfect for cold weather. And fitness room is great too. Snow have been plowed soon as it started to pile up. I lived in the other places when you can’t get out for two days because nothing is plowed until it’s done snowing. So good job Islander!

Verified Renter

March 16, 2022 - Review from Apartments.com
This is definitely the best apartment in the whole Minnesota. I would recommend my friends to live here.

Verified Renter

March 16, 2022 - Review from Apartments.com
We love our apartment, the views of the woods and water, and the serrenity of the area.

Verified Renter

March 16, 2022 - Review from Apartments.com
living here at The Island helped make a difficult transition easier. I am now referring to it as Hotel California because I may never leave.

Verified Renter

March 16, 2022 - Review from Apartments.com
The Island Residences exceeded my expectations for apartment living. We have two large dogs and the Island residents are welcoming of me as well as my canine family members. The property is beautiful with the paths and lake and the many green areas. The convenience to downtown or Wayzata is fantastic! The coffee machine in the lobby is delicious and convenient. I haven't lived in an apartment in over 30 years and I would highly recommend The Island to anyone transitioning from one house to ...
another.
Read More

Nearby Schools

Birchview Elementary School

Wayzata Public School District
425 Ranchview Lane North
Public School - Grades K-5 (441 Students)
In Attendance Zone2 minute drive / 0.9 miles away
8/10

Wayzata High School

Wayzata Public School District
4955 Peony Lane North
Public School - Grades 9-12 (3781 Students)
In Attendance Zone11 minute drive / 5.3 miles away
10/10
Contact Us About Nearby Schools
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from The Island Residences.

Arts Museums and Landmarks

Lake Harriet

Lake Harriet
19 minute drive / 9.04 miles away

Foshay Tower

821 Marquette Avenue South
20 minute drive / 9.7 miles away

Big Box and Retail

Target

13201 Ridgedale Dr
3 minute drive / 1.08 miles away

Jcpenney

12421 Wayzata Blvd
4 minute drive / 1.53 miles away

Macy's

12411 Wayzata Blvd
4 minute drive / 1.56 miles away

Colleges and Universities

Minneapolis Community and Technical College

1501 Hennipen Avenue
19 minute drive / 9.14 miles away

University of St. Thomas - Minneapolis Campus

1000 Lasalle Ave
20 minute drive / 9.41 miles away

North Hennepin Community College

7411 5th Avenue North
22 minute drive / 10.51 miles away

Groceries

Cub Foods

3550 Vicksburg Ln N
7 minute drive / 3.56 miles away

Hy-Vee

18755 70th Way N
17 minute drive / 8.12 miles away

Aldi

8595 Columbine Rd
18 minute drive / 8.55 miles away

Hospitals

Park Nicollet Methodist Hospital

6500 Excelsior Blvd
12 minute drive / 6.04 miles away

North Memorial Health

3300 Oakdale North
16 minute drive / 7.89 miles away

M Health Fairview Southdale Hospital

6401 France Avenue South
19 minute drive / 9.01 miles away

Parks and Recreation

Cedar Lake

Cedar Lake Parkway and Basswood Road
15 minute drive / 7.05 miles away

Lake of the Isles

2500 Lake Isles Pkwy. E
17 minute drive / 8.2 miles away

Loring Park

1382 Willow St.
19 minute drive / 9.19 miles away

The Island Residences has 4 parks within 9.7 miles, including Cedar Lake, Lake of the Isles, Loring Park, and The Grand Rounds.

Shopping Centers

Westdale Center

15616-15748 Wayzata Blvd E
1 minute drive / 0.37 miles away

Ridgedale Festival Center

14000-14200 Wayzata Blvd
2 minute drive / 0.67 miles away

Sears Mall

13510-13580 Wayzata Blvd
3 minute drive / 1.01 miles away

The Island Residences has 5 shopping centers within 1.2 miles.

Transit Stations

Target Field Station-Northstar Corridor

20 minute drive / 9.48 miles away

Target Field Station-Hiawatha Line

20 minute drive / 9.49 miles away

Nicollet Mall Station-Hiawatha Line

75 S 5th St
21 minute drive / 9.8 miles away

Nearby Neighborhoods

Medicine Lake

Studio to 4 Bedroom Apartments from $1,000
View Rentals

Groveland

Studio to 5 Bedroom Apartments from $1,095
View Rentals

West Minnetonka

Studio to 5 Bedroom Apartments from $1,095
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Minnetonka Studio Apartments $1,503$1,031$2,333
Minnetonka 1 Bedroom Apartments $1,800$895$10,000+
Minnetonka 2 Bedroom Apartments $2,474$1,231$10,000+
Minnetonka 3 Bedroom Apartments $3,733$1,710$10,000+
Minnetonka 4 Bedroom Apartments $2,300$2,300$2,300
2 Bedroom Homes$1,845$1,375$3,595
3 Bedroom Homes$3,053$1,625$8,995
4 Bedroom Homes$4,562$2,495$10,000+
5 Bedroom Homes$8,650$4,800$10,000+

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Viewing: The Island Residences | Desktop Version | Listing Updated: 08/21/2026 | AHLPLA
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