Lake Minnetonka Homes For Sale

While there are 10,000 lakes in Minnesota, Lake Minnetonka homes for sale are located on the most prestigious waterfront. Lake Minnetonka has 140 miles of shoreline and 25 bays. The fact that Minnesota’s tenth largest lake is just 8 miles from Minneapolis has made Lake Minnetonka homes for sale magnets for corporate executives, hedge fund managers, doctors, and sports figures many of whom join one of the area’s eight country clubs.

One of the largest cities on the east side of the lake is Minnetonka where the headquarters of Cargill, the largest privately held corporation in the US, and UnitedHealth Group, the largest insurance company in the US, are located which is another reason why Lake Minnetonka listings are so popular.

Minnetonka real estate listings include a collection of sister cities. Some are just a few hundred to a couple of thousand people such as Deephaven, Greenwood, Woodland, and Excelsior. The sisterhood of Lake Minnetonka listings is derived primarily from their shared Minnetonka Public School System (#276) where they get to know each other well through their children’s friendships and activities. 

Things To Do On Lake Minnetonka, MN

People buy Lake Minnetonka listings because they enjoy hockey, downhill and cross-country skiing, ice fishing, and snowmobiling but the area really comes alive in the precious summer months. The reason why Minnetonka High School is called the Skippers is that so many people love sailing, wake surfing, tubing, or fishing. You can drop anchor and relax in one of the many bays or join the party at Big Island.  

You can find great boutique shops, fine dining, and craft breweries in and around Lake Minnetonka listings. Ike’s is a first-class super club with amazing ambiance and service. Meynard’s and Lord Fletchers are classic lakeside restaurants/bars where you can dock your boat and drink in the summer sun and cool lake breeze. If you do not have a boat, you dine on Al & Alma’s Supper Club & Cruise. You can hike or bike through all these communities along Lake Minnetonka on the Hennepin County Trail.  Hanging out in Excelsior’s historic lakeside downtown where you can ride on a restored trolley or water taxi is a splendid way to spend the day. 

Lake Minnetonka Area Schools

Buyers who purchase Lake Minnetonka listings are not just looking for fun. They want to send their kids to the Minnetonka School District (ranked #1 in Minnesota) where they can have their elementary school children immersed in Spanish or Chinese and where there are programs designed for both gifted and challenged students. Minnetonka ranks first or second every year in the State’s standardized reading and math scores. What makes that more impressive this that Minnesota routinely leads the nation in ACT scores among states where half the students took the test.

High school students can earn enough college credits through IB, AP, and honors classes to skip their freshman year of college. Many students choose to participate in the Vantage program where they apply what they learn in the professional world. The theatre and music programs are national caliber and their sports teams regularly vie for and win state championships. 90% of Minnetonka students are college-bound - many to the most prestigious institutions in the nation.

While the Minnetonka School District boundary encompasses most of the city, Lake Minnetonka listings on the east side are in the Hopkins School District. If you prefer one school district over another, you can open enroll in it. There is no guarantee there will be room but your odds improve in the primary grades. Despite the Minnetonka School system’s acclaim, many people who buy Lake Minnetonka listings choose to send their children to highly regarded private schools such Blake, Breck, Providence Academy, Southwest Christian, or the International School of Minnesota. There are also numerous charter schools such as Eagle Ridge Academy that receive rave reviews 

Lake Minnetonka Homes For Sale

You don’t need to drive a Bugatti sports car and own a multi-million dollar mansion acquire a Lake Minnetonka listing. You can buy nice townhomes in the $200’s and single-family homes in the $300’s but because of its reputation, you can expect to pay a 5% premium. Prices do rise considerably if you desire to live near downtown Excelsior or the exclusive Cottagewood neighborhood of Deephaven. Be prepared to spend near a million to the many millions to live on Lake Minnetonka. There are a lot of factors to consider when purchasing a Lake Minnetonka lakefront listing such as the amount of lakefront, parcel size, topography, road frontage, water depth, sandy or mucky lake bottom, far or near side and so much more so you need to be working with a wise Realtor.

You Can't Always Get What You Want

According to legend, Mick Jaggar was visiting a drug store in downtown Excelsior when a local commented to him that "you can't always get what you want" which became the lyrics for the famous Rollings Stone song. Just like the Rolling Stone song, you may not be able to get what you want and live in a multi-million dollar mansion on the lake but you can always get what you need if you desire to live near Lake Minnetonka.

Minnetonka MLS Listings Featured Tools

Our website features the best Lake Minnetonka listings for homes, condos, land, and lakefront, and luxury properties available. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

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