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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Land For Sale

990 Heritage Lane, Orono, Minnesota 55391

Coldwell Banker Realty
1Picture(s)
3.46Acre
Tanager Estates - Exclusive Development. This site offers the ultimate in privacy and is available for a sophisticated buyer who has a passion for a beautiful environment and of course an exquisite home - elements for a wonderful life. Property includes 3.46 acres and expansive lake views and 205' of shoreline. Orono schools, private well, city sewer, dock space and more.
$1,795,000

2 Stories (sf) Single Family House For Sale

4821 Minneapolis Avenue, Minnetrista, Minnesota 55364

Keller Williams Classic Rlty NW
6Bedroom(s)
7Bathroom(s)
58Picture(s)
6,453Sqft
So much to love on this luxurious 2 story home with panoramic southern views of the pristine and quiet Jennings Bay. 80' of sandy shore, wonderful open floor concept is ideal for entertaining! Gourmet kitchen, cozy fireplace, Flex office/craft room conveniently located off of kitchen. 3 season porch to sip your morning coffee. 2 Master Suites both with a private Spa bath.
$1,799,000

More Than 2 Stories (sf) Single Family House For Sale

4756 Kildare Road, Mound, Minnesota 55364

123 Realty
4Bedroom(s)
4Bathroom(s)
74Picture(s)
3,400Sqft
Fantastic opportunity for investment (Airbnb / VRBO) or quiet Lake Minnetonka home! Four Bedroom, 4 Bath Walkout on .77 acres on three PID's. Watch parade of boats from 52 foot screened deck, Or add 4 season living room for expansive lake views. Located approximately 20 miles west of Minneapolis. Newly Remodeled with new interior paint, New Furnace, Kitchen Appliances, Carpet, and Flooring.
$824,900

2 Stories (sf) Single Family House For Sale

29 Fairhope Avenue, Tonka Bay, Minnesota 55331

Lakes Area Realty
4Bedroom(s)
3Bathroom(s)
55Picture(s)
3,408Sqft
Exceptional, fully renovated, Lake Minnetonka home in the heart of Tonka Bay. Private setting with gorgeous panoramic views of Lafayette Bay and the lower lake. Every aspect of the comprehensive renovation reflects amazing attention to detail, high-end finishes, and the newest building technology creating a highly energy efficient Green home.
$2,295,000

More Than 2 Stories (sf) Single Family House For Sale

3350 Fox Street, Orono, Minnesota 55356

Coldwell Banker Realty
5Bedroom(s)
8Bathroom(s)
55Picture(s)
15,858Sqft
A world-class combination of timeless architectural design and craftsmanship, this private sanctuary offers old-world elegance with modern conveniences, breathtaking gardens and extraordinary water views. Amenities include a tranquil 7.
$9,997,000

More Than 2 Stories (sf) Single Family House For Sale

3465 County Road 44, Minnetrista, Minnesota 55364

HomeAvenue - Agent
8Bedroom(s)
19Bathroom(s)
88Picture(s)
22,430Sqft
A Downton Abbey in Minnesota! A rare opportunity! Own the beautifully restored Hawks Nest English country manor style estate, a true Lake Minnetonka landmark. This gated 22,430 square foot, 2.19 acre estate is like no other. All the latest technology. Super-efficient 40 zone in-floor heat and air-conditioning and heated 7 car garage.
$6,399,000

2 Stories (sf) Single Family House For Sale

2730 Woolsey Lane, Woodland, Minnesota 55391

Coldwell Banker Realty
6Bedroom(s)
6Bathroom(s)
60Picture(s)
10,838Sqft
Unparalleled lakeshore offering! Best and most compelling upper bracket listing on Lake Minnetonka! Over $10M in this remodeled home! 100% move in condition! Exquisitely built, handcrafted workmanship, and new kitchen and family room remodel with views of the lake. 4.
$3,995,000

Land For Sale

4040x Dahl Road, Orono, Minnesota 55364

Lakes Sotheby's International Realty
38Picture(s)
1.01Acre
Live virtual tours available. the commanding views from this 1 acre+ 145’ property. Just right building site for privacy and vista. North Arm Bay is Lake Minnetonka’s Playground! Ski, Surf, fish or just relax Appointment required before walking lot.
$1,149,000

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

1 Story (sf) Single Family House For Sale

312 Ferndale Road, Wayzata, Minnesota 55391

Coldwell Banker Realty
4Bedroom(s)
5Bathroom(s)
31Picture(s)
5,920Sqft
One of a kind enchanting property on Wayzata Bay. Completely private and situated on Ferndale Road, walking distance to downtown Wayzata. Guest house, boathouse and your own private island.
$6,900,000

2 Stories (sf) Single Family House For Sale

430 Ferndale Road, Wayzata, Minnesota 55391

Coldwell Banker Realty
6Bedroom(s)
15Bathroom(s)
34Picture(s)
18,649Sqft
Hidden Ferndale A+ Lakeshore Estate! A ready to move in custom home within walking distance to downtown Wayzata. This luxury home has every amenity including indoor and outdoor pools, home theater, golf simulator, grand main floor master suite, and the finest finishes. Includes a 1bd/1ba apartment with full amenities including living room, kitchen, laundry, and walk in closet.
$6,499,500
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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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