Lake Minnetonka Homes For Sale (146 Real Estate Listings)

Sort by:
Active
2400 Cedar Point Drive, Woodland

$13,750,000 Lake Minnetonka

2400 Cedar Point Drive, Woodland

5 Beds 7 Baths 3 Acres 9,016 SqFt Single Family MLS® # 6495849

Landmark luxury estate on a spectacular private peninsula with almost 1,700 ft of frontage on A-rated Wayzata Bay. Completed in 2016, this breathtaking custom-built home is situated on one o...

Lakes Sotheby's International RealtyRegional Multiple Listing Service of Minnesota Logo

Active
565 Ferndale Road W, Wayzata

$13,450,000 Lake Minnetonka

565 Ferndale Road W, Wayzata

6 Beds 8 Baths 12 Acres 7,635 SqFt Single Family MLS® # 6158960

An incredible opportunity to capture the last great estate site in Wayzata! A winding wooded private drive brings you to a large home overlooking a small quiet bay leading into Lake Minneton...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
17950 Breezy Point Road, Woodland

$12,495,000 Lake Minnetonka

17950 Breezy Point Road, Woodland

6 Beds 12 Baths 3 Acres 19,893 SqFt Single Family MLS® # 6434173

Woodland Glen, a country estate on Lake Minnetonka, welcomes all through its brick gatehouse down the tree-lined drive to an authentic brick courtyard. Ascend the limestone staircase through...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
1655 Bohns Point Road, Orono

$9,995,000 Lake Minnetonka

1655 Bohns Point Road, Orono

4 Beds 6 Baths 3 Acres 9,683 SqFt Single Family MLS® # 6513597

Landmark Lake Minnetonka estate overlooking 350’ of southwest facing shoreline at the end of sought-after Bohns Point! This 2.88 acre property is the perfect combination of privacy and unpar...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
535 Bushaway Road, Wayzata

$9,750,000 Lake Minnetonka

535 Bushaway Road, Wayzata

4 Acres Land MLS® # 6528723

One of the finest estate sites on Lake Minnetonka. 3.62 acres encompassing 300 feet of prime west facing lakeshore on prestigious Wayzata Bay. Stunning panoramic sunset views. Excellent grad...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
20630 Linwood Road, Deephaven

$8,495,000 Lake Minnetonka

20630 Linwood Road, Deephaven

5 Beds 7 Baths 2 Acres 10,692 SqFt Single Family MLS® # 6520888

Introducing 20630 Linwood Road, nestled on two acres in the heart of Cottagewood USA. This gated estate sits on 134 feet of premium northwest facing, sandy, level lakeshore on Lake Minnetonk...

CompassRegional Multiple Listing Service of Minnesota Logo

Active
19955 Cottagewood Avenue, Deephaven

$8,495,000 Lake Minnetonka

19955 Cottagewood Avenue, Deephaven

4 Beds 6 Baths 1 Acres 7,267 SqFt Single Family MLS® # 6429105

Gorgeous custom-built home thoughtfully designed by Andrea Swan + built by Streeter. Enjoy the open floorplan with walls of windows showcasing breathtaking views overlooking 140’+ of south-f...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
555 Bushaway Road, Wayzata

$8,250,000 Lake Minnetonka

555 Bushaway Road, Wayzata

3 Acres Land MLS® # 6529562

Unparalleled Lake Minnetonka estate site on 2.72 acres with 240 feet of level west facing shoreline offering picturesque sunset views over Wayzata Bay. Ideal close-in location with walking p...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
2475 Dunwoody Avenue, Orono

$7,995,000 Lake Minnetonka

2475 Dunwoody Avenue, Orono

6 Beds 7 Baths 1 Acres 8,288 SqFt Single Family MLS® # 6507340

Introducing this exquisite Lake Minnetonka new construction residence with an impressive 121’ of sandy shoreline & awe-inspiring panoramic southwesterly views. This custom floor plan offers ...

CompassRegional Multiple Listing Service of Minnesota Logo

Active
6445 Hawks Pointe Lane, Victoria

$7,799,000 Lake Minnetonka

6445 Hawks Pointe Lane, Victoria

6 Beds 7 Baths 2 Acres 9,416 SqFt Single Family MLS® # 6432140

Lake Minnetonka masterpiece! Gorgeous custom-built home privately sited on 1.7 acres offering 210’+ of shoreline! East Coast influenced design with an open floorplan & walls of windows showc...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
3705 Northome Road, Deephaven

$7,595,000 Lake Minnetonka

3705 Northome Road, Deephaven

5 Beds 6 Baths 2 Acres 8,663 SqFt Single Family MLS® # 6447243

Stunning custom-built home finely crafted by Murphy and Co. and built by Charles Cudd. Relax or entertain on the expansive porch with phantom screens or by the pool while taking in views of ...

Lakes Sotheby's InternationalRegional Multiple Listing Service of Minnesota Logo

Active
2845 Little Orchard Way, Orono

$5,995,000 Lake Minnetonka

2845 Little Orchard Way, Orono

5 Beds 8 Baths 2 Acres 11,529 SqFt Single Family MLS® # 6483943

Quiet and peaceful SW facing shoreline overlooking Noerenberg Park's 70 acres of woods on Maxwell Bay. Rare vistas of Lake Minnetonka with only the wooded hills of the park across the bay. T...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
3105 North Shore Drive, Orono

$5,995,000 Lake Minnetonka

3105 North Shore Drive, Orono

4 Beds 5 Baths 1 Acres 5,544 SqFt Single Family MLS® # 6342276

Custom To-Be-Built home by Wooddale Homes awaits your design input on a very special property on Crystal Bay! Incredible South-facing, 1.18 acre setting on Lake Minnetonka w 150 feet of dire...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
3465 County Road 44, Minnetrista

$5,950,000 Lake Minnetonka

3465 County Road 44, Minnetrista

4 Beds 12 Baths 2 Acres 16,236 SqFt Single Family MLS® # 6516106

“Hawk's Nest” is a true Lake Minnetonka landmark! 192 FT of sandy SW facing lakeshore w/ panoramic lake views! This beautiful custom estate, inspired by a 1789 English manor, built in 1989, ...

Lakes Sotheby's International RealtyRegional Multiple Listing Service of Minnesota Logo

Active Contingent
4520 Linwood Lane, Deephaven

$5,495,000 Lake Minnetonka

4520 Linwood Lane, Deephaven

3 Beds 3 Baths 0 Acres 4,206 SqFt Single Family MLS® # 6527845

Rare Deephaven Lakeshore Property ! This home is located on one of the most coveted stretches of lakeshore on all of Lake Minnetonka. West facing, level, and totally sandy bottom with a rea...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
4940 Meadville Street, Greenwood

$5,495,000 Lake Minnetonka

↓ $200,000

4940 Meadville Street, Greenwood

4 Beds 6 Baths 0 Acres 5,963 SqFt Single Family MLS® # 6424281

Rare lakeshore opportunity, walkable to Excelsior. Enjoy 128 feet of prime, northwest facing frontage, offering panoramic views of Lake Minnetonka year-round! A Steiner & Koppelman/Mike Shar...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
575 Oxford Road, Orono

$5,395,000 Lake Minnetonka

575 Oxford Road, Orono

5 Beds 6 Baths 3 Acres 6,755 SqFt Single Family MLS® # 6480168

Stunning estate property with over 250 feet of Lake Minnetonka shoreline. Home has been expertly updated with design inspiration from the east and west coasts. Incredible, eat-in kitchen wit...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
1030 Lake Street E, Wayzata

$5,394,400 Lake Minnetonka

1030 Lake Street E, Wayzata

4 Beds 5 Baths 1 Acres 6,130 SqFt Single Family MLS® # 6470703

Custom-built, luxury home by Black Dog Homes and Windmiller Design Studio. Interior design by The Sitting Room. Views of Lake Minnetonka, just down the street from the heart of downtown Wayz...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
1650 Shadywood Road, Orono

$5,300,000 Lake Minnetonka

1650 Shadywood Road, Orono

5 Beds 7 Baths 1 Acres 8,499 SqFt Single Family MLS® # 6456840

Custom-built home by Wooddale Builders on Crystal Bay bring your own ideas or see the example of a previously built Artisan Tour home that fits the lot. Stunning east-facing panoramic views ...

CompassRegional Multiple Listing Service of Minnesota Logo

Active
1038 Lake Street E, Wayzata

$4,795,000 Lake Minnetonka

1038 Lake Street E, Wayzata

5 Beds 6 Baths 1 Acres 5,402 SqFt Single Family MLS® # 6479175

Luxury new construction set in the heart of Downtown Wayzata. Expertly built by Black Dog Homes, this home features exquisite finishes, a highly functional floorplan and views of Wayzata Bay...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
630 Indian Mound Street 2a, Wayzata

$4,299,000 Lake Minnetonka

630 Indian Mound Street 2a, Wayzata

3 Beds 3 Baths 1 Acres 3,079 SqFt Single Family MLS® # 6460267

A unique & extraordinary opportunity for someone seeking a combination of stunning design, quality craftsmanship, & a prime “Harrington House” Wayzata location with expansive southwest views...

CompassRegional Multiple Listing Service of Minnesota Logo


As of May 19, 2024 there are 146 active Lake Minnetonka lake property listings for sale with an average listing price of $2,376,661. The highest-priced waterfront listing is $13,750,000, while the lowest priced waterfront listing can be purchased for $1,550. Lake Minnetonka lakeshore listings have an average price of $5,270 per square foot, based on listings with an average of 3.7 bedrooms, 3.8 bathrooms, and 3,544 square feet of living space.

Contact Us

Provide a valid email address.
Newsletter consent

Lake Minnetonka Real Estate & Homes For Sale

It's the gem of Minnesota's metro and one of the most sought-after lake areas in the upper Midwest. Yet despite its fame, Lake Minnetonka is still a surprising oasis in the midst of hectic urban life. The lake - a beautiful maze of interconnected bays and waterways dotted with islands sits only 15 miles from Minneapolis/St. Paul. It's known for unmatched natural beauty, small-town ambiance, historic homes and its ability to transport city-weary dwellers into a magical world of boating, swimming, fishing and relaxing sunsets within a matter of minutes. Lake Minnetonka is also known as a playground for some of Minnesota's most affluent families. That history, the natural beauty and ease of escape from urban life, make it a fascinating place to be.

Lake Minnetonka & Its Communities

Ranked the 10th largest lake in Minnesota, Lake Minnetonka spans 14,004 acres and nestles along 125 miles of shoreline. It lies just west/southwest of the Twin Cities. The lake has a maximum depth of 113' and a 10.9' water clarity level. View the DNR Report.

Despite high-density use, Lake Minnetonka is one of the best trophy largemouth bass fishing sites in the state. It's packed with yellow perch, sunfish, northern pike, walleye and muskies, and is the site of several premier fishing tournaments each season. Anglers find friendly waters and experienced guide services. Numerous public boat landings are available for easy access, as well as private boat charter services.

Tucked along the winding shores, the communities of Deephaven, Woodland, Greenwood, Excelsior, Long Lake, Minnetonka Beach, Minnetrista, Mound, Navarre, Orono, Shorewood, Spring Park, Tonka Bay and Wayzata offer a diversified lifestyle to visitors and lake residents. The surrounding areas are developed and the entire Lake Minnetonka region had a 2005 population of around 100,000. A mix of residential suburban life and small-town lakeside villages, Lake Minnetonka communities offer an eclectic mix of charming antique shops, hip urban cafes, boutiques, marinas, art galleries, sports shops and fine dining.

A Glorious Past

In 1822, two adventurous teenagers, Joe Brown and Will Snelling, paddled their way from Fort Snelling up the Minnehaha Creek and discovered the then un-named lake. For years after, few European settlers visited the blue waters. But the lake and its surrounding land were harvested and held sacred by the Dakotah tribes. (The city of Mound was later named after the presence of Dakotah burial grounds.) It wasn't until the 1851 Treaty of Mendota that the U.S. government acquired 2 million acres of Native American land, including the lake and its surrounding territory. During this time, the area now known as Minneapolis was occupied by the military post, Fort Snelling. During the 1850's the towns of St. Anthony and Minneapolis were established. Lake Minnetonka was named in 1851 after the Dakotah pronunciation "minn-ni-tanka" which meant, "big water."

It didn't take long for settlers to recognize the value of a sprawling lake set so close to a growing population. In 1853 the first hotel was built along the Minnetonka shores. Henry Wadsworth Longfellow's poem, The Song of Hiawatha, published in 1855, mentioned Minnehaha Falls and gave the lake and Minnesota national attention.

By 1861, the first steamboat, Governor Ramsey, was launched on the lake, and in 1867, the St. Paul & Pacific Co. established a rail line to the lake. By the 1880's the lake was a booming resort destination. The first inland steamboat with electric lights was crafted in Wayzata in 1881, and the Belle of Minnetonka, a massive 300 ft. steamboat that could carry 2,500 passengers, sailed the lake by 1882. The early 1900's brought streetcars, more resorts and tour boats to the lake. An amusement park was built on Big Island, which at its heyday was a day trip destination for many area families. As the nation's economy dipped and dived into depression, Lake Minnetonka lost its flock of summer tourists, and many of the tour boats ended their illustrious careers sunk off of Big Island. In 1980, the Minnehaha tour boat was raised to the surface and after years of restoration is back in service today as part of the Minnesota Transportation Museum.

Many of the founders of Twin Cities' commerce, including the Pillsburys, Daytons and Burnetts built mansions along the lake. During its long history, Lake Minnetonka has always drawn an elite crowd, and today many of the top Twin Cities executives own Lake Minnetonka Homes.

The Lake Today

Lake Minnetonka is a prestigious lake, with exclusive real estate ownership. Properties situated on the lake sell for anywhere from $500,000 to over $20 million. The wide range in value depends largely on the quality of the lakeshore and the home, although many homes are from the early 20th century. The history of the home and property can be an intriguing aspect for those looking to own a piece of Minnesota's past. Most Lake Minnetonka Homes have between 40-60 feet of shoreline. Property values continue to rapidly increase as demand soars.

While there are no longer active resorts on the lake, the public access and nearby hotels afford vacationers and weekenders easy access to the water. The lake bustles with families and boaters over the hot summer weekends.

Enjoying Lake Minnetonka

Aside from area shopping and art galleries, the communities around Lake Minnetonka provide fun festivals and wonderful restaurants that draw area residents and visitors alike. Activities are geared toward enjoying the lake, and some of the most popular restaurants sit right on the water. Lord Fletchers on Lake Minnetonka in Spring Park and Maynards in The Port of Excelsior offer excellent cuisine and fantastic lakeside views. A wide range of ethnic restaurants, bars, grilles and clubs offer a variety of tastes. Visitors can charter a boat or partake in a lunch or dinner cruise, which is a unique and relaxing way to explore the lake.

Lake Minnetonka has much to offer those looking for a historic lake atmosphere and modern summer fun. Come to Lake Minnetonka for the fun, experience, history and the delicious cool water that will remind even urban dwellers that Minnesota is a land of natural wonder.