Lake Minnetonka Homes For Sale - Listings, Trends, Facts and More

It's fun browsing Lake Minnetonka homes for sale! So, we made it easy to do on this page, with an expandable interactive map. After that, you'll find buttons for more restrictive quick searches for condos, single level living, and more. Finally, be sure to check out the Lake Minnetonka housing market trends page, which features real time data updates to keep you informed on the market.

Are you trying to evaluate the value of your Lake Minnetonka property? Maybe navigating the incredibly complex and nuanced Lake Minnetonka housing market? Then you may want to consult with an experienced team of Lake Minnetonka real estate agents. We are licensed Realtors in the Lake Minnetonka area and we're here to help. Learn more about us.

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The Newest Lake Minnetonka Homes for Sale

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1.5 Stories (sf) Single Family House For Sale

1901 Beach Lane, Minnetonka Beach, Minnesota 55391

RE/MAX Advantage Plus
3Bedroom(s)
2Bathroom(s)
20Picture(s)
1,734Sqft
Wonderful opportunity to own 60' of Level Sandy Lake shore in Minnetonka Beach. Breathtaking views of Smiths Bay and Brackets point this property will not disappoint. 3 Bedrooms 2 Bathrooms and an over sized 3 car detached garage.
$699,900

2 Stories (sf) Single Family House For Sale

70 Wildhurst Road, Tonka Bay, Minnesota 55331

Lakes Sotheby's International Realty
4Bedroom(s)
4Bathroom(s)
30Picture(s)
5,071Sqft
Amazing Cudd Built Home on Lake Minnetonka. 2 Bedrooms Up with a lovely office, 2 Bedrooms Down. Great Living Spaces on the Main Floor, including vaulted Formal Dining looking out at the Lake. Open Kitchen, as well as Laundry in the Master Walk-in Closet. Walk out Lower Level Boasts Golf Simulator (or Movie Theater), Wine Cellar, Elevator and partial Kitchen/Bar area.
$3,200,000

1.5 Stories (sf) Single Family House For Sale

3025 Lake Shore Boulevard, Minnetonka, Minnesota 55391

Keller Williams Premier Realty Lake Minnetonka
3Bedroom(s)
3Bathroom(s)
29Picture(s)
2,289Sqft
Charming fully remodeled Lake Minnetonka cottage on Libbs Lake Channel, featuring a main-level master bedroom with laundry, and a lakeside great room with attached screen porch to enjoy the privacy of the yard and enchanting channel. 42 ft permanent seawall frontage for your boat, install a lift if you want! 5 min. drive to downtown Wayzata, 15 min. drive to downtown Mpls.
$799,900

Land For Sale

6455 Hawks Pointe Lane, Victoria, Minnesota 55331

Lakes Sotheby's International Realty
1Picture(s)
1.95Sqft
Welcome to Hawks Pointe. This large 1.950 acre site is perfectly situated within the 15-site development. This expansive lot is ideal for a multitude of new construction options on approximately 256’ of shoreline on Smithtown Bay within the Minnetonka School District.
$1,995,000

Land For Sale

2560 Cedar Ridge Road, Woodland, Minnesota 55391

Edina Realty, Inc.
5Picture(s)
1.92Sqft
Magical Setting! 1.92 acres with 210' of prime lakeshore on Wayzata Bay in the coveted Lake Minnetonka city of Woodland with stunning, elevated views that extend across to the twinkling lights of downtown Wayzata. Major remodel of original 1935 estate or incredible build-site in a prime location between downtown Wayzata Mpls.
$5,450,000
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Search All Lake Minnetonka Homes for Sale

Browse all available lakefront build sites and homes for sale on Lake Minnetonka

Lake Minnetonka Housing Market Trends

The Lake Minnetonka housing market is ever changing. We keep track of the trends for you on our Lake Minnetonka Market Trends page.

Lake Minnetonka Single Family Homes

Search single family homes for sale on Lake Minnetonka

Lake Minnetonka Condominiums

Discover Lake Minnetonka condos for sale

Lake Minnetonka Townhomes

Peruse townhouses for sale on Lake Minnetonka

Lake Minnetonka Deeded Access

Looking for association or deeded access to Lake Minnetonka? This special search is right up your alley.

Lake Minnetonka One Level Living

Looking for the Lake Minnetonka experience, sans stairs? Search single level living lakefront on Lake Minnetonka

Homes for Sale on Lake Minnetonka – Bays and Lakes Matter

The price of homes for sale on Lake Minnetonka are heavily influenced by which lake or bay it occupies. The eastern and southern lakes, with their long water views and quick freeway access to Minneapolis and the rest of the Twin Cities, are the most coveted. The next tier of desirable Lake Minnetonka lakeshore lots includes sheltered bays in the north and west that allow for recreational boating activities. Lakes with lower quality water ratings, short water views, and those furthest west of the chain are the most affordable, but still require significant capital to purchase.

Lake Minnetonka Homes for Sale – Location, Location, Location

When you look at homes for sale on Lake Minnetonka, you’ll find that they can be a part of numerous communities – fourteen by our count. First up are the activity hubs where you can find the best concentration of fine dining and entertainment. These are Wayzata to the north, Excelsior to the south, and Minnetonka to the east. The priciest Lake Minnetonka homes for sale are generally found in these areas.

Next, Spring Park and Mound offer a wide range of services to the west as well. These cities, on average, have more affordable Lake Minnetonka lakeshore for sale.

Finally, there is Orono, Minnetrista, Tonka Bay, Woodland, Victoria, Shorewood, Greenwood, Deephaven and Minnetonka Beach round out a diverse group of communities that ring the lake. Prices for Lake Minnetonka lakeshore vary widely in these cities. Often times you will find some of some of the most luxurious and expensive Lake Minnetonka homes for sale in these more residential communities. This is due to school choice, lot size and lake frontage, among many other factors.

School Districts – Another Factor When Looking at Homes for Sale on Lake Minnetonka

Any home for sale on Lake Minnetonka will be attached to one of four school districts. The Minnetonka school district encompasses the south and eastern shores of the lake. This district serves all or parts of Wayzata, Greenwood, Woodland, Deephaven, Minnetonka, Victoria, Excelsior, Tonka Bay, and parts of a few other municipalities.

Then moving clockwise, we run into the Westonka school district, which serves the south and western shores. Homes served by Westonka include those in Mound, Spring Park, parts of Minnetrista and parts of Orono.

Over to the northwest and northern parts of Lake Minnetonka you’ll find homes in the Orono school district, which serves parts of Orono, Minnetrista, Minnetonka Beach, and parts of Wayzata.

Finally, you have the Wayzata school district, which serves Wayzata and other communities further off Lake Minnetonka.

An Experienced Lake Minnetonka Realtor Can Help You Put Together All the Pieces

A complex, non-uniform housing market like Lake Minnetonka demands a professional eye – which is where an experienced Lake Minnetonka Realtor comes into play. Putting together location, school district, lot size, lake frontage, views, privacy, water quality, amenities, level of finish and finding value in the face of the current market trends is an impossible task for an AVM (Automated Valuation Model) like Zillow’s Zestimate. It requires the thoughtful interpretation and touch of an experienced professional real estate agent.

Why You Need a Lake Minnetonka Real Estate Agent

If you are thinking about buying or selling a home on Lake Minnetonka, we urge you to speak with an experienced real estate professional. Our years of experience both living and working in the Lake Minnetonka real estate market will prove invaluable as you make your investment in the Lake Minnetonka lake life.  Fill out our contact form or give us a call – we’re always ready to talk about Lake Minnetonka real estate!

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