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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Condominium For Sale

4371 Wilshire Boulevard, Mound, Minnesota 55364

Bridge Realty, LLC
1Bedroom(s)
1Bathroom(s)
11Picture(s)
697Sqft
Completely updated 1 Bedroom 1 Bathroom Condo. Largest 1 Bedroom floor plan in complex. Brand new white custom slow close cabinets with quartz counter-tops. Brand new Stainless steel appliances, custom bathroom tile work, and much more! Assigned parking spot right out front of building. Boat slips available to rent.
$114,900

1.5 Stories (sf) Single Family House For Sale

21420 Excelsior Boulevard, Greenwood, Minnesota 55331

Keller Williams Premier Realty Lake Minnetonka
3Bedroom(s)
3Bathroom(s)
41Picture(s)
2,500Sqft
Welcome home to your lakeside oasis! Enjoy absolutely stunning views of Saint Albans Bay, with 73 ft of lake shore. This home boasts a perfect balance of contemporary updates and classic historic charm. Featuring hardwood flooring throughout, beautiful natural woodwork, a fully updated eat-in kitchen with granite & stainless steel.
$1,299,900

1.5 Stories (sf) Single Family House For Sale

3330 Fairchild Avenue, Minnetonka, Minnesota 55391

Edina Realty, Inc.
4Bedroom(s)
4Bathroom(s)
65Picture(s)
3,317Sqft
Libbs Lake Minnetonka. Direct dockage on Libbs Lake channeling into Lake Minnetonka. 4BR/4BA custom built home on South end of Libbs Lake. Closest bay to eastern portion of lake. Quick access to highways, downtown. 1 acre, private lot, 3300+ sq. ft finished main and upper floor. Add equity and finish lower level walkout. Main floor master bedroom with full suite and lakeside sunroom/den.
$1,950,000

Land For Sale

2817 Westwood Road, Minnetonka Beach, Minnesota 55361

Coldwell Banker Burnet
14Picture(s)
0.90Acre
Astonishing and rare Minnetonka Beach building sites! Each lot has beautiful south views and docking on Lafayette Bay. There are fabulous views over the Lafayette club golf course and tennis courts as well! Let’s not forget the Dakota trail only steps away from the entrance to these wonderful lots. Each lot is ready for building and there are no builder restrictions.
$1,269,000

1.5 Stories (sf) Single Family House For Sale

4465 North Shore Drive, Orono, Minnesota 55364

Coldwell Banker Burnet
4Bedroom(s)
3Bathroom(s)
7Picture(s)
3,039Sqft
Lakefront building site in Orono. Over half acre and 75 feet of southwest-facing lakeshore on Lake Minnetonka. Large level lawn with big water views. Older home could be used as a cabin but value is in land. New home could be moved much closer to the lake – see agent for details. See supplemental survey showing concept plan for home with pool, etc.
$1,100,000
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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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