Lake Minnetonka Area

The Lake Minnetonka area offers a stunning variety of real estate options, from charming historic homes and lakefront estates to modern single-family houses and luxury condos. Communities like Deephaven, Wayzata, Minnetonka, and Orono are known for their top-rated schools, beautiful natural surroundings, and vibrant small-town charm. Whether you're looking for a peaceful retreat or an upscale lakeside lifestyle, these suburbs provide some of the most desirable living in the Twin Cities metro.

Real Estate Statistics

Average Price $1.8M
Lowest Price $119K
Highest Price $50M
Total Listings 395
Avg. Days On Market 86
Avg. Price/SQFT $428

Property Types (active listings)


Lake Minnetonka

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New
249 Tristan Drive, Victoria

$850,000

249 Tristan Drive, Victoria

5 Beds 4 Baths 4,321 SqFt Residential MLS® # 6804892

eXp RealtyRegional Multiple Listing Service of Minnesota Logo

New
5660 Grant Lorenz Road, Excelsior

$650,000

5660 Grant Lorenz Road, Excelsior

4 Beds 3 Baths 3,294 SqFt Residential MLS® # 7007052

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

New Open House
5014 Mayview Road, Minnetonka

$430,000

5014 Mayview Road, Minnetonka

4 Beds 3 Baths 2,000 SqFt Residential
Tue, Mar 17th, 2026 @ 11am - 1pm
MLS® # 7023345

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

New
1586 Bluebird Lane, Mound

$359,900

1586 Bluebird Lane, Mound

2 Beds 2 Baths 1,232 SqFt Residential MLS® # 7036616

Keller Williams Realty IntegrityRegional Multiple Listing Service of Minnesota Logo

New
4109 N Shore Drive, Orono

$1,150,000

4109 N Shore Drive, Orono

3 Beds 3 Baths 4,410 SqFt Residential MLS® # 6807614

Keller Williams Premier Realty Lake MinnetonkaRegional Multiple Listing Service of Minnesota Logo

New
1305 Spruce Place, Mound

$415,000

1305 Spruce Place, Mound

2 Beds 2 Baths 1,213 SqFt Residential MLS® # 7033751

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

New Open House
26335 Peach Circle, Excelsior

$1,100,000

26335 Peach Circle, Excelsior

4 Beds 4 Baths 4,600 SqFt Residential MLS® # 7025181

Coldwell Banker Realty - Southwest RegionalRegional Multiple Listing Service of Minnesota Logo

Open House
3141 Fairchild Avenue, Wayzata

$2,795,000

3141 Fairchild Avenue, Wayzata

6 Beds 5 Baths 5,090 SqFt Residential MLS® # 7013395

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

New
11472 Fairfield Road W 106, Minnetonka

$579,900

11472 Fairfield Road W 106, Minnetonka

2 Beds 2 Baths 1,920 SqFt Residential MLS® # 7035446

Verve RealtyRegional Multiple Listing Service of Minnesota Logo

New
10401 Cedar Lake Road 410, Minnetonka

$239,900

10401 Cedar Lake Road 410, Minnetonka

2 Beds 2 Baths 1,240 SqFt Residential MLS® # 7035933

Fazendin REALTORSRegional Multiple Listing Service of Minnesota Logo

New Open House
5034 Sparrow Road, Minnetonka

$1,647,900

5034 Sparrow Road, Minnetonka

5 Beds 4 Baths 4,404 SqFt Residential
Sun, Mar 15th, 2026 @ 12pm - 6pm
MLS® # 7036227

RE/MAX Advantage PlusRegional Multiple Listing Service of Minnesota Logo

New
132 Minnetonka Avenue N, Wayzata

$2,395,000

132 Minnetonka Avenue N, Wayzata

5 Beds 5 Baths 4,639 SqFt Residential MLS® # 7036157

Lakes Sotheby's InternationalRegional Multiple Listing Service of Minnesota Logo

Lake Minnetonka Suburbs