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

940 Arm Drive, Orono, Minnesota 55364

RE/MAX Advantage Plus
1Picture(s)
1.04Sqft
Come see this amazing lot on Lake Minnetonka with a pristine views and over a 1 acre lot ready for your dream home. This picturesque property has over 1 acre of land with 130+ feet of lakeshore nestled in on North Arm in Orono. This lot offers the feel of being secluded with privacy due to Mature trees and rich vegetation which provides for a optimum setting to build the perfect custom home.
$999,999

1.5 Stories (sf) Single Family House For Sale

5319 Bartlett Boulevard, Mound, Minnesota 55364

Coldwell Banker Burnet
4Bedroom(s)
4Bathroom(s)
37Picture(s)
2,971Sqft
The ultimate beach house on Lake Minnetonka! Vintage “at the lake” style with open floorplan, large windows overlooking the level lawn and miles of “Gold Coast” views over Cooks Bay. Great living and entertaining spaces in and out. Added bonus – a two-story boathouse at the waters’ edge.
$1,199,900

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

4017 North Shore Drive, Orono, Minnesota 55364

Coldwell Banker Burnet
6Bedroom(s)
8Bathroom(s)
21Picture(s)
5,952Sqft
Set on the shores of Lake Minnetonka the home’s front facade is classic and decidedly understated. A carriage house style heated three car garage with a rare studio/apartment above adds charm. Upon entering guests will be “wowed” and enamored by the wall of windows revealing the glistening water and the lush lakeside yard.
$2,595,000

Land For Sale

3704 Woodland Cove Parkway, Minnetrista, Minnesota 55331

The Bancor Group, Inc.
1Picture(s)
0.74Acre
Gorgeous lot with big lake views on Lake Minnetonka with 160' 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

1340 Vine Place, Orono, Minnesota 55364

Coldwell Banker Burnet
4Bedroom(s)
3Bathroom(s)
17Picture(s)
3,055Sqft
Unique home on .65 acres in Orono. 200 feet of flat lake shore on Forest Lake Bay complete with rip-rapped shore. Open floor plan and walls of windows let’s you enjoy lake living in all the entertainment areas and the upstairs master suite. Big deck/patio with multiple seating areas. 2 story addition added in 1980 to add a master suite on the other end of the house.
$1,050,000
130 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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