House Hunting with George

by Alex Stenback on December 29, 2005

The Pioneer Press today runs an entertaining little piece on the house hunting efforts of George Buckley, the incoming CEO of 3M who’s reportedly scouring the East Metro for new digs on par with the $2.4 Million, 13,000 square foot manse he left behind in suburban Chicago.  Good news – it’s a buyers market out there at the top end:

Buckley won’t have a lot of competition when he makes an offer, but he’ll probably spend months trying to sell if things don’t work out at 3M. The $1 million-plus category is a buyer’s market with a 13-month supply of homes, meaning it would take that long to sell all the current homes for sale in that price range, according to the Minneapolis Area Association of Realtors.

The article also points out a couple of high-profile listings as a potential homestead for the Buckley’s – the $19.5 Million Dunrovin Estate on Minnetonka, and the outgoing 3M head’s Lake Minnetonka home (price reduced! $7.1 Mil) that looks like some sort of war memorial/mausoleum

So let’s end this with a question: If you had $4.2 Million to spend in the metro, where would you live?

{ 2 comments… read them below or add one }

Paul December 29, 2005 at 3:31 pm

http://tinyurl.com/9s4qx [I squashed this url for you via tinyurl.com, still goes to the same place, Ed.]

Crummy photos, beautiful house. This would be my pick – close enough to the action, yet big enough for some peace and quiet.

Editor December 29, 2005 at 4:22 pm

Thanks Paul – always like the old school Minneapolis elegance. But here’s my question: Are those really the best photos they could come up with for a $4Mil + property? Very odd, though it may not matter since buyers in that price bracket aren’t normally scouring online listings, but still.

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