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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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2 Stories (sf) Single Family House For Sale

35 Northrup Avenue, Tonka Bay, Minnesota 55331

Coldwell Banker Burnet
5Bedroom(s)
4Bathroom(s)
1Picture(s)
3,534Sqft
Beautiful custom built Kingston A by "Homes by Legacy" on Lake Minnetonka! Spacious 5 bedroom, 4 bath, 3 car garage home, with 2 fireplaces, game/bar room, and media room. Property comes with 2 over-sized, year round docks (grandfathered in) capable of sheltering large boat.
$1,750,000

2 Stories (sf) Single Family House For Sale

1040 Tonkawa Road, Orono, Minnesota 55356

Lakes Sotheby's International Realty
5Bedroom(s)
8Bathroom(s)
100Picture(s)
10,856Sqft
10,856 SQFT of stunning elegance. Designed by Architect Bruce Schmitt. 5 bedroom 8 Bath home sits on a 2.16 acre lot w/east facing panoramic views of Maxwell Bay. 165ft of maintained shoreline, private dock, Three season porch and wrap around deck. Master suit w/ a formal study, his and hers walk-in closets and balcony.
$3,795,000

Land For Sale

3710 Woodland Cove Parkway, Minnetrista, Minnesota 55331

The Bancor Group, Inc.
5Picture(s)
0.71Acre
Gorgeous lot with big lake views on Lake Minnetonka with 132' of lakeshore. This lot come with two permanent 34 foot boat slips in a protected cove a short walk away. This lot offers ample room for you and your builder to create the custom lake home of your dreams.
$610,000

2 Stories (sf) Single Family House For Sale

430 Ferndale Road, Wayzata, Minnesota 55391

Coldwell Banker Burnet
6Bedroom(s)
15Bathroom(s)
35Picture(s)
18,649Sqft
Hidden Ferndale lakeshore estate! Rare opportunity to own a ready to move in custom home within walking distance of downtown Wayzata. This luxury home has every amenity including indoor and outdoor pools, theater, golf simulator, main floor master, and the finest finishes. Includes 1bd/1ba apartment with full amenities including living room, kitchen, laundry, and walk in closet. Located on 2.
$6,995,000
94 Results returned.Per Page

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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