The most expensive home available in Minneapolis just hit the market for $7 million. The owner of the rooftop loft at 700 S. 2nd St., Bob Pohlad, inherited a vast fortune from his outrageously wealthy father, the late billionaire Carl.
If you’re anything like us, you’ve got trouble telling the Pohlad scions apart. Here’s a primer: Jim owns the Minnesota Twins, a role he assumed after his biz-tycoon father died in 2009; Bill is the Hollywood guy, known for his production efforts on films like Brokeback Mountain and Love & Mercy; and Bob, with infinite wealth and possibilities, decided to spend decades as a soda executive at PepsiAmericas, Inc.
While you could question the sexiness of Bob’s career, especially compared to his brothers, it’s hard to quibble with his taste in real estate. The 2-bedroom, 2.5-bathroom, 4,370-square-foot condo he’s selling is listed $2.25 million higher than the next most expensive Minneapolis property, this Art Moderne masterpiece on Cedar Lake.
“Stunning downtown Minneapolis penthouse offering unparalleled river and skyline views!” the Coldwell Banker property listing exclaims. “Beautifully remodeled to perfection with impeccable interior design by Billy Beson. Elegant open flowing floorplan with walls of windows showcasing commanding views at every turn!”
The 3,000-square-foot private terrace is truly special. Take note of the outdoor shower; it must be a singular feeling to bathe al fresco, high above the hoi polloi scuttling across the Stone Arch Bridge. The towering wall of stacked cedar and/or birch logs? That’s pretty neat, too. Other luxe amenities include: a gourmet kitchen, library, private elevator, three parking spots, and, as advertised, stunning views throughout. But be warned, condo shoppers: If the $3,696 per month HOA fee could be a dealbreaker, this isn’t the property for you. Ditto for the $80,096 annual tax bill.
Pohlad purchased the penthouse for $6.3 million in 2016, according to county records. Click here to read a 2019 Minneapolis-St. Paul Magazine story about how Beson and architect James Dayton—an “iconic duo,” in some circles—renovated the space for its unnamed owner. Built in 1914, the Washburn Lofts building was once an abandoned holdover from the city’s milling boom. The ol’ Washburn Crosby Utility Building, as it was previously known, was reimaged as an eight-story, 22-unit luxury high-rise in the ’90s.
Why is Pohlad selling his unit? We reached out to listing agent Jeffrey Dewing, but didn’t hear back. (Dewing also declined to speak with us about Mike Zimmer and Rick Spielman‘s old houses, both properties you also heard about first from Racket.) Pohlad keeps a home on San Juan Island, per his company bio, so presumably he’ll just be kicking around the Pacific Northwest.
Let’s take a photo tour of the Pohlad place, courtesy of the MLS: