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Diamond Lake

Diamond Lake

Suburban Neighborhood in Minneapolis, Minnesota

Hennepin County 55417, 55419

Neighborhood Reviews
4.2
$452,366 Average Value
$233 Average Price per Sq Ft
5 Homes For Sale

Charming homes with lakefront views

Located in the Nokomis area of Minneapolis, the Diamond Lake neighborhood offers distinct homes with lakefront views just 6 miles south of Minneapolis. As the name suggests, Diamond Lake is home to not just one, but two expansive lakes, both a huge component of the neighborhood. Realtor Jesse Lynch, owner of To The Twin Cities Real Estate, believes that "the thing that brings people here more than anything else is access to the Diamond Lake and also Lake Nokomis on the northeast border." Homes in this area start at $250,000 and go up to $1 million for properties by the water. Interstate 35W borders the neighborhood's west side, allowing for a convenient commute to nearby cities.
An overview of the Diamond Lake Nieghborhood
An overview of the Diamond Lake Nieghborhood
Distinct lake homes with large yards and lake access can be found in Diamond Lake.
Distinct lake homes with large yards and lake access can be found in Diamond Lake.
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Unique architecture in Diamond Lake

Unlike most homes in Minneapolis, which consist primarily of ranches and Cape Cods, Diamond Lake's houses have a more unique architectural style. "There's a high concentration of really aesthetically pleasing old Tudor Homes," Lynch says. "The whole area was built mainly in the 1930s through the 1960s, so there will also be some Minimal Traditional, Victorians, Colonials, and well-manicured little cottages. Prices for these start at $250,000 and go up to $1 million for more prominent, custom-made properties by the water. Compared to the national average of 41 days on the market, Homes in Diamond Lake sell after 22 days.
Charming Tudor style homes with pristine landscaping can be found in Diamond Lake.
Charming Tudor style homes with pristine landscaping can be found in Diamond Lake.
Distinct ramblers are a common style of home found in Diamond Lake.
Distinct ramblers are a common style of home found in Diamond Lake.
A modest rambler with a bit of flare in the Diamond Lake neighborhood.
A modest rambler with a bit of flare in the Diamond Lake neighborhood.
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Diamond and Nokomis Park

Diamond Lake Park and Lake Nokomis Park offer two different experiences, according to Lynch: "Diamond Lake is beautiful, but not mainly recreational, whereas Nokomis is fully recreational and also very beautiful." The difference between the two becomes evident when visiting- Diamond Lake's greenery grows freely, and wildlife can be spotted when walking through the wooded trails. Lake Nokomis offers amenities such as fishing piers, concession stands and a rental facility for boating activities. Although smaller in size, Todd Park is known to host local events, one being the Picnic in the Park Festival.
The fishing pier is a great place to meet other local fishing enthusiasts.
The fishing pier is a great place to meet other local fishing enthusiasts.
A person on Lake Nokomis doing row training in the Diamond Lake Neighborhood.
A person on Lake Nokomis doing row training in the Diamond Lake Neighborhood.
Diamond Lake Park has a wonderful scenery around the lake.
Diamond Lake Park has a wonderful scenery around the lake.
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Supportive programs at Roosevelt High School

While there are no K-12 schools within Diamond Lake's borders, there are schools residents can attend nearby. Children can begin their education at Wenonah Elementary, rated B by Niche. They can then attend Hennepin Middle School and Roosevelt High School, which receive C-minus minus and B-minus ratings, respectively. Roosevelt High School has an IB program, a Spanish Dual Language program and Advanced Placement courses.
Wenonah Elementary has an overall
Wenonah Elementary has an overall "B" score on niche.
Hennepin Middle School has an enrollment of about 85 students.
Hennepin Middle School has an enrollment of about 85 students.
Entrance to Roosevelt High School
Entrance to Roosevelt High School
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An active and involved community

Diamond Lake is a part of the HPDL Diamond Lake Community Association, a group comprised of three neighborhoods in the area. The HPDL often hosts events for the entire community, such as Earth Day Clean Up, Frost Fest and the Neighborhood Garage Sale.
A couple enjoying a walk with the dog in the Diamond Lake neighborhood.
A couple enjoying a walk with the dog in the Diamond Lake neighborhood.
A variety of flowers can be found in the Nokomis Naturescape Garden.
A variety of flowers can be found in the Nokomis Naturescape Garden.
Wild turkeys can frequently be spotted in the Diamond Lake neighborhood.
Wild turkeys can frequently be spotted in the Diamond Lake neighborhood.
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A 6-mile drive from Minneapolis

The neighborhood is only about a 6-mile drive from Minneapolis, one of the major cities in Minnesota. It also provides easy access to Interstate 35, the south metro and the Minneapolis-Saint Paul
Diamond Lake is located on Interstate 35W with easy access to downtown Minneapolis.
Diamond Lake is located on Interstate 35W with easy access to downtown Minneapolis.
A major bus stop for Diamond Lake residents is located on Chicago Avenue in the neighborhood.
A major bus stop for Diamond Lake residents is located on Chicago Avenue in the neighborhood.
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Visit one of the two founders of the Jucy Lucy

Although Diamond Lake is mainly residential, a few dining options exist within the neighborhood. One of these options is the 5-8 Club, a laidback local tavern with old-school vibes and neon signs. 5-8 Cub is one of two establishments that claim to have invented the Jucy Lucy, a burger stuffed with melted cheese. For groceries, residents can head to Kowalski's Market on Chicago Avenue.
The 5-8 Club is a laidback local tavern known for their Juicy Lucy's.
The 5-8 Club is a laidback local tavern known for their Juicy Lucy's.
The 5-8 club in Diamond Lake offers a bar and a dining room.
The 5-8 club in Diamond Lake offers a bar and a dining room.
Kowalski's Market is a specialty grocery store located in the Diamond Lake neighborhood.
Kowalski's Market is a specialty grocery store located in the Diamond Lake neighborhood.
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Flora Jiang
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Flora Jiang
Jahlil Harris
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Jahlil Harris

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Andrea Vorachek, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

12 min drive

Bus

60th St E & 12th Ave S

Bus

Chicago & 56th St Station

Bus

60th St E & 13th Ave S

Bus

60th St E & Chicago Ave S

Bus

Chicago Ave S & 56th St E

Bus

Bloomington Ave & HWY 62

Bus

60th St E & 15th Ave S

Reviews

Niche Reviews
4.2 5 Reviews
2.0 Current Resident
2/7/2019 Niche Review
The people here are very Minnesota nice. Meaning they are extremely courteous and posses a great amount of chivalry, but also are stuck up, condescending, rigid, passive aggressive people. If you are not a super liberal, don't come here because people will hate you. But they won't say that to your face. But we do have very nice parks and outdoor spaces, the bike trails are amazing, and there is a strong sense of community. so it kinda evens itself out.
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Crime and Safety

1 - Low Crime, 10 - High Crime Diamond Lake US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Diamond Lake Demographics and Home Trends

Housing Trends

Median List Price
$445,000
Median Sale Price
$435,000
Median Single Family Sale Price
$447,500
Median Townhouse Sale Price
$208,250
Median Change From 1st List Price
0%
Last 12 months Home Sales
65
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$233

Neighborhood Facts

Number of Homes in Neighborhood
2,054
Number of Homes for Sale
5
Median Year Built
1945
Months of Supply
0.90
Average Single Family Home Size Sq Ft
2,005
On par with the national average
1,933
Median Lot Size Sq Ft
6,534

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Andrea Vorachek, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
5,511
Median Age
41
Population Density
8 ppl/acre
Population under 18
25.3%
On par with the national average
23.8%
Population over 65
16.9%
On par with the national average
19.1%

Finances

Median Household Income
$135,163
Significantly above the national average
$71,702
Average Household Income
$161,143

Education and Workforce

High School Graduates
98.5%
College Graduates
64.5%
Significantly above the national average
34.1%
Advanced Degrees
27.6%
% Population in Labor Force
83.2%
Above the national average
65.1%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
9°F
Average Summer High Temperature
83°F
Annual Snowfall
60''

Area Factors

Very Bikeable

Bike Score®

71 / 100

Somewhat Walkable

Walk Score®

57 / 100

Some Transit

Transit Score®

44 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Diamond Lake