$460,720Average Value$187Average Price per Sq Ft0Homes 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
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.
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.
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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 "B" score on niche.
Hennepin Middle School has an enrollment of about 85 students.
Entrance to Roosevelt High School
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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.
A person on Lake Nokomis doing row training in the Diamond Lake Neighborhood.
Diamond Lake Park has a wonderful scenery around the lake.
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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 in Diamond Lake offers a bar and a dining room.
Kowalski's Market is a specialty grocery store located in the Diamond Lake neighborhood.
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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 variety of flowers can be found in the Nokomis Naturescape Garden.
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.
A major bus stop for Diamond Lake residents is located on Chicago Avenue in the neighborhood.
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
Eric Sharbo,
an experienced agent in this neighborhood.
Parks in this Area
Lake Nokomis Lagoon
Taft Park
Baseball/Softball
Fishing
Grills
Triangle Park
Lake
Tennis
Trails
Todd Park
Edward C. Solomon Park
Diamond Lake Park
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
4.25 Reviews
2.0Current Resident
2/7/2019Niche 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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Diamond Lake Demographics and Home Trends
On average, homes in Diamond Lake, Minneapolis sell after 34 days on the market compared to the national average of 70 days. The median sale price for homes in Diamond Lake, Minneapolis over the last 12 months is $365,000, down 82% from the median home sale price over the previous 12 months.
Welcome Home! This beautifully updated two-story home in the heart of Diamond Lake neighborhood is a must see! Inside, you’ll find beautiful hardwood floors throughout, an updated kitchen that blends style and functionality, with a large dining space. Enjoy a cozy fireplace that warms the living room, and an oversized mudroom with enough space to enjoy your morning coffee or make it your work
Exceptional 5BR, 2BA is a classic 1940s built 1 1⁄2 story home in the sought-after Diamond Lake neighborhood - a perfect place to call home! Outstanding curb appeal features a rarely found covered front porch that draws you into an attractive, spacious living room w/ HWF & wood burning fireplace. Traditional dining room w/ HWF, updated kitchen w/ newer cabinets and granite counters plus a walkout
Wonderfully updated mid-century home with open concept main floor, incredible fully fenced yard, and great location close to Lake Nokomis, Veteran's Memorial Park, airport, highways, and walkable to trails, shops, restaurants, parks, and much more! Main level boasts formal living room with large south facing windows and fireplace, formal dining room, updated open kitchen, and huge family room
Side-by-side duplex with 3 bedrooms and two bathrooms, fireplace in living room, footings for another fireplace in the basement. Outside unit has a deck with gas grill. The other unit has two bedrooms, two bathrooms, fireplace in the living room and in the basement. Outside unit has a patio, garden, and gas grill. Three-car garage is a big plus. New roof as of 2024. Easy access to I-35, I-494,
Beautiful, well-maintained and quiet apartment building on bus line near Todd Park, local amenities, schools and Diamond Lake. Properties feature studios, 1-bedrooms, and 2-bedrooms.There is a flat rate utility charge that covers ALL heat, gas, water, sewer, trash, and an on-site storage unit($60/month for 1-bedrooms, $80/month for 2-bedrooms). Tenants set up internet and WIFI.
Great neighborhood, lots of trees, convenient to the lakes, Edina, parks, trails, the creek, etc. This house has been well cared for by the owner and previous long term renters.The whole home was painted 1 year ago, a brand new kitchen installed, new carpet upstairs and much more.
Interested in learning more about homes in this area?
Reach out to
Eric Sharbo,
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®
43/ 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.
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.
