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Deephaven, MN Homes for Sale

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  • /18

    $2,995,900

    • 5 Beds
    • 5.5 Baths
    • 5,607 Sq Ft

    18995 Maple Ln, Excelsior, MN 55331

    Don’t miss your opportunity to build a luxurious home in the heart of Deephaven, Minnesota, where timeless charm meets exceptional craftsmanship. This custom home is to be built, with final design and features tailored to the Buyer’s preferences. The open floor plan features a great room, gourmet kitchen with center island, spacious dining area, main floor study, and screened porch. The upper

    Sarah Polovitz Compass

    18995 Maple Ln, Excelsior, MN 55331
  • /90

    $3,250,000

    • 4 Beds
    • 5 Baths
    • 6,126 Sq Ft

    20545 Linden Rd, Excelsior, MN 55331

    A one-of-a-kind Streeter-designed masterpiece blending timeless architecture with natural beauty in coveted Cottagewood. Set on over an acre, this light-filled home features soaring ceilings, walls of glass, and rich organic materials that bring the outdoors in. The open-concept main level includes a chef’s kitchen with top-tier appliances, dining and great room, formal living, a private study,

    Christy Kimbrel Keller Williams Premier Realty Lake Minnetonka

    20545 Linden Rd, Excelsior, MN 55331
  • /106

    $3,695,000

    • 4 Beds
    • 6 Baths
    • 5,690 Sq Ft

    19900 Cottagewood Rd, Excelsior, MN 55331

    Wake up to incredible sunrises in this exceptionally crafted newer-built* 4BR (+den/office)/6 bath, 3+** car Deephaven Lake Minnetonka WALK-OUT RAMBLER on a PRIVATE, QUIET LARGE (.56 acre!) LOT on CARSON’S BAY w/breathtaking day & evening! views & 2 boat spots! Located near the historic Cottagewood entrance, this upscale, fully-loaded home offers LAKE Mtka access, main-level living/OWNER’S SUITE,

    Greg Lawrence HomeAvenue Inc

    19900 Cottagewood Rd, Excelsior, MN 55331
  • /56

    $2,995,000

    • 6 Beds
    • 5.5 Baths
    • 5,495 Sq Ft

    20545 Linwood Rd, Excelsior, MN 55331

    FOUR CAR GARAGE, HYDRAULIC LIFT TO SPANCRETE BELOW GARAGE, HUGE FENCED YARD WITH ROOM FOR A POOL.Live the healthy “lake lifestyle” near World Famous Lake Minnetonka. Swim, paddleboard, canoe, kayak, from one of Deephaven’s five city beaches located up the street. Access to the LRT trail is around the corner and offers biking, jogging, or an easy stroll to Excelsior for ice cream. Unmatched

    Mark Grieger Coldwell Banker Realty

    20545 Linwood Rd, Excelsior, MN 55331
  • /4

    $2,250,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 4,206 Sq Ft

    12803 Woodhaven Place, Excelsior, MN 55331

    Under-construction model home in Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling topography,

    David Stickney Coldwell Banker Realty

    12803 Woodhaven Place, Excelsior, MN 55331
  • /5

    $2,350,000 New Construction

    • 5 Beds
    • 4.5 Baths
    • 5,206 Sq Ft

    12807 Woodhaven Place, Excelsior, MN 55331

    To-be-built home in Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling topography, providing an ideal

    David Stickney Coldwell Banker Realty

    12807 Woodhaven Place, Excelsior, MN 55331
  • /41

    $3,995,000 New Construction

    • 5 Beds
    • 4.5 Baths
    • 6,270 Sq Ft

    20395 Park Place, Excelsior, MN 55331

    Gorgeous completed new construction by Vine Hill Partners! This beautifully designed home offers unparalleled finishes and details at every turn. Enjoy the open floorplan with walls of windows showcasing nature views looking out to the private backyard! Gourmet kitchen with high-end appliances, walk-in pantry, dining area with built-in storage and sliding doors that open to the expansive deck!

    Jeffrey Dewing Coldwell Banker Realty

    20395 Park Place, Excelsior, MN 55331
  • /37

    $2,250,000

    • 6 Beds
    • 6.5 Baths
    • 5,376 Sq Ft

    20895 Spencer Ln, Excelsior, MN 55331

    Stunning Prairie-Style Retreat with Exceptional Design & AmenitiesThis breathtaking, light-filled prairie-style home is a masterpiece of elegance and functionality, offering 6 spacious bedrooms and 6 luxurious bathrooms. Designed for both comfort and entertaining, the gourmet kitchen is a chef’s dream, featuring top-tier appliances, including a Sub-Zero refrigerator, a Wolf range and two Miele

    Kristi Weinstock Coldwell Banker Realty

    20895 Spencer Ln, Excelsior, MN 55331
  • /3

    $439,000

    • Land
    • 0.74 Acre
    • $593,243 per Acre

    12802 Woodhaven Place, Minnetonka, MN 55331

    Introducing Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling topography, providing an ideal canvas

    David Stickney Coldwell Banker Realty

    12802 Woodhaven Place, Minnetonka, MN 55331
  • /4

    $635,000

    • Land
    • 1.36 Acres
    • $466,912 per Acre

    12806 Woodhaven Place, Minnetonka, MN 55331

    Introducing Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling topography, providing an ideal canvas

    David Stickney Coldwell Banker Realty

    12806 Woodhaven Place, Minnetonka, MN 55331
  • /4

    $499,000

    • Land
    • 0.51 Acre
    • $978,431 per Acre

    12807 Woodhaven Place, Excelsior, MN 55331

    Introducing Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling topography, providing an ideal canvas

    David Stickney Coldwell Banker Realty

    12807 Woodhaven Place, Excelsior, MN 55331
  • /48

    $1,840,100 Open Sun 12PM - 2PM

    • 5 Beds
    • 7 Baths
    • 7,822 Sq Ft

    3865 Hillcrest Rd, Wayzata, MN 55391

    Rare Deephaven Estate OpportunitySituated on a lush 1.8-acre lot across from scenic Thorpe Park. This stately residence offers nearly 8,000 square feet of refined living space, enveloped by mature trees and privacy. This extraordinary home boasts a rich history.Warm and welcoming from the moment you enter, the main level showcases an updated kitchen with Viking range, Sub-Zero fridge, quartzite

    Rick Brama Keller Williams Premier Realty Lake Minnetonka

    3865 Hillcrest Rd, Wayzata, MN 55391
  • /15

    $999,950

    • 4 Beds
    • 2.5 Baths
    • 3,110 Sq Ft

    3900 Hillcrest Way, Wayzata, MN 55391

    Situated in a highly sought-after Deephaven neighborhood! This house is on a tranquil 1.46-acre lot at the end of a quiet cul-de-sac backing up to wetlands, offering 4 bedrooms, 3 bath with a great floor plan. Family room offers a woodburning fireplace that connects to a cozy covered porch and deck overlooking your very own private back yard. Some major updates in 2003 included siding, roof and

    Jerome Ritten Counselor Realty, Inc

    3900 Hillcrest Way, Wayzata, MN 55391
  • /27

    $1,120,000

    • 3 Beds
    • 2.5 Baths
    • 2,590 Sq Ft

    4022 Hillcrest Rd, Wayzata, MN 55391

    Welcome to this authentic and delightful Cape Cod pool home, nestled on 1.32 private acres in a coveted Deephaven neighborhood. Offering charm and modern functionality, this home is part of the highly acclaimed Deephaven Elementary School and Minnetonka High School districts.*Main Level Living & Thoughtful Design*Enjoy the ease of main-level living, featuring a primary suite, kitchen, living and

    Kristi Weinstock Coldwell Banker Realty

    4022 Hillcrest Rd, Wayzata, MN 55391
  • /31

    $1,295,000

    • 4 Beds
    • 3.5 Baths
    • 4,357 Sq Ft

    19435 Cottagewood Rd, Excelsior, MN 55331

    Welcome to 19435 Cottagewood Road – a beautifully maintained rambler offering privacy, space, and lakeside living. Perched above Lake Minnetonka with your own dock with access to Carson Bay, this home features over 4,600 square feet, 4 oversized bedrooms, 4 bathrooms, a bright walkout lower level, and a spacious office/library. Start your mornings with coffee on the private balcony and end your

    Joshua Pettersen eXp Realty

    19435 Cottagewood Rd, Excelsior, MN 55331
  • /40

    $1,699,900

    • 5 Beds
    • 5.5 Baths
    • 4,829 Sq Ft

    20590 Linden Rd, Excelsior, MN 55331

    The pool is filled & sparkling in the sun & open for summer fun! The backyard patio, pool area & grape vine adorned trestle overhead the veranda is storybook-esque during the spring - a must see while the grapes ripen in the sun! Rare opportunity to move in to the picturesque Cottagewood Neighborhood in Deephaven. Get used to the relaxed, lake life in this sprawling 2-story. Home was rebuilt &

    Reid Lenz Verde Real Estate Group

    20590 Linden Rd, Excelsior, MN 55331
  • /33

    $429,000

    • 2 Beds
    • 4 Baths
    • 2,051 Sq Ft

    17785 Valley Cove Ct, Minnetonka, MN 55345

    Step into effortless living with this beautifully updated 2-bedroom, 4-bath townhouse—where every detail invites you to relax, recharge, and enjoy. The bright, open layout flows seamlessly from a sleek white kitchen with granite countertops and stainless-steel appliances to a spacious deck overlooking peaceful wooded views—your new favorite spot for morning coffee or evening wine.The upper level

    Kristi Weinstock Coldwell Banker Realty

    17785 Valley Cove Ct, Minnetonka, MN 55345
  • /17

    $359,000

    • 3 Beds
    • 2 Baths
    • 1,841 Sq Ft

    3801 Vandan Rd, Minnetonka, MN 55345

    3801 Vandan Road Welcome to this classic 3 bed/2-bathroom craftsman style, one-owner home in the Lake Minnetonka area. This backyard backs up to Bennette Family Park. Enjoy the happy sounds of summer in this desirable Minnetonka area. Partially fenced in backyard. Home is walking distance to Minnetonka Regional Trails, restaurants, and shopping. Close to Grays Bay, and Libbs Lake. 15 Minutes to

    Marcelle Pearson Keller Williams Classic Rlty NW

    3801 Vandan Rd, Minnetonka, MN 55345
  • /23

    $419,000

    • 2 Beds
    • 2 Baths
    • 1,597 Sq Ft

    5297 Saint Albans Bay Cir, Excelsior, MN 55331

    Maintenance-free, one-level living townhome in "The Seasons", a sought-after 55+ community tucked away on a private cul-de-sac. Superbly built by Pete Boyer Construction, located just outside of Excelsior, this home offers easy access to scenic trails, parks, shopping, and fantastic restaurants. Step inside to a spacious living room that flows seamlessly into the formal dining area, perfect for

    Timothy Berg Edina Realty, Inc.

    5297 Saint Albans Bay Cir, Excelsior, MN 55331
  • /55

    $899,000

    • 4 Beds
    • 5 Baths
    • 3,939 Sq Ft

    4790 Bayswater Rd, Excelsior, MN 55331

    Expansive one-story townhome nestled in the sought-after Amsbury West neighborhood of Shorewood. Walls of windows fill the home with natural light while showcasing views of the surrounding landscape. At the heart of the home, the thoughtfully designed kitchen features ample cabinetry, generous counter space, a butler’s pantry, and a functional layout ideal for both everyday living and

    Jennifer Morris Edina Realty, Inc.

    4790 Bayswater Rd, Excelsior, MN 55331

Why Live in Deephaven

Deephaven, a western suburb of Minneapolis, is known for its lakeside living and distinguished school district. With a population of around 4,000 residents, Deephaven offers a serene environment with a 30-minute drive to the Twin Cities. The neighborhood features a variety of home styles, from post-World War II constructions to modern reconstructions, including one-story minimal traditionals, two-story New Traditionals, multi-family townhouses, and larger estates along Lake Minnetonka. The average home value is around $1 million, reflecting the area's competitive real estate market. Deephaven's primary outdoor attraction is Lake Minnetonka, with six beaches and the Minnetonka Yacht Club. Thorpe Park provides year-round recreational opportunities, including an ice rink and sledding hill in winter. The Lake Minnetonka Regional Trail offers 15.8 miles of trails for cyclists and pedestrians. Deephaven Beach, with its dock and tennis court, is a popular spot for residents. The historic Cottagewood General Store, open from May to October, adds a touch of charm with its offerings of ice cream, baked goods, and coffee. Dining options include Ike's Minnetonka for burgers, Spasso for Italian cuisine, and Viet Hoa for Vietnamese and Chinese dishes. Deephaven is served by the highly rated Minnetonka Public School District, including Deephaven Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School. The area is safer than the national average, providing a peaceful retreat from urban noise and traffic. Major highways like U.S. Interstate 494 offer convenient access to downtown Minneapolis, and the Minneapolis–Saint Paul International Airport is 23 miles away.

Frequently Asked Questions

What is the average home price in Deephaven, MN?
Homes for sale in Deephaven, MN have an average home price of $1,709,210.
How many homes have sold over the last 12 months in Deephaven, MN?
16 homes have sold in Deephaven, MN over the last 12 months.
What are the most popular zip codes in Deephaven, MN?
The most popular zip codes in Deephaven, MN include 55044, 55369, 55379, 55318 and 55331.
How much do you need to make to afford a house in Deephaven?
The median home price in Deephaven is $1,350,000. If you put a 20% down payment of $270,000 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $7,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $302K a year to afford the median home price in Deephaven.
How are the schools in Deephaven, MN?
Deephaven, MN has highly rated public and private schools. Some of the best schools in Deephaven based on Niche Grades are Minnetonka Senior High School, Groveland Elementary School and Minnewashta Elementary School. Browse all the schools in Deephaven, MN to learn more.

Home Trends in Deephaven, MN

Housing Trends

Median Sale Price
$1,182,500
Median Single Family Sale Price
$1,365,000
Median Townhouse Sale Price
$514,500
Average Price Per Sq Ft
$401
Number of Homes for Sale
8
Last 12 months Home Sales
16
Months of Supply
6.00
Median List Price
$1,350,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
29%
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