$461,721Average Value$238Average Price per Sq Ft11Homes For Sale
Diamond Lake has convenient access to parks, lakes and the airport
Diamond Lake’s location helps it shine. The suburban neighborhood is in the larger Nokomis community of southern Minneapolis, right next to Minneapolis-Saint Paul International Airport. The area has a mix of homes from the early to mid-1900s, and residents get access to the namesake Diamond Lake and several other green spaces within a few miles. Students are served by a highly rated school district, and downtown businesses and cultural centers are around 6 miles away.
An aerial view of the Diamond Lake neighborhood.
Lake homes with large yards and water access can be found in Diamond Lake.
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What people often pay for the area's early to mid-1900s homes
Diamond Lake’s housing stock is a mix of Craftsman-style bungalows, Cap Cods, ranch-style houses and Tudor-style homes. Most were built between 1925 and 1960. Prices often run from the upper $200,000s to the mid-$600,000s. Custom homes near the neighborhood’s namesake Diamond Lake can sell for more, but rarely hit the market. There are a handful of duplexes that typically range from the upper $400,000s to the mid-$500,000s. The neighborhood tends to be a little less expensive than surrounding communities like Page and Hale.
Charming Tudor-style homes can be found in Diamond Lake.
A rambler with a bit of flare in the Diamond Lake neighborhood.
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The community has noise protections and is popular with cyclists
The suburban neighborhood has gridded streets lined with trees, whose leaves change from green to red and orange before falling off each autumn. Residents often walk their pets along the area’s well-kept sidewalks. Biking is popular in the area. Some roads, like 12th Avenue South, are designated bike boulevards, while others, like Chicago Avenue, have painted bike lanes. The neighborhood’s location near the airport makes it noisier than communities to the north. Andrea Vorachek, a Realtor with Reside, says many of the area’s homes have undergone renovations to limit the noise. “There have been investments in homes to give them either central air, so people can keep the windows closed, or upgraded insulation,” Vorachek says.
A couple enjoys a walk with their dog in the Diamond Lake neighborhood.
A cyclist enjoys the trail along West Lake Nokomis Parkway in the Diamond Lake neighborhood.
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Wenonah Elementary School serves the community.
Students are zoned for the Minneapolis Public School District
The area falls under the highly rated Minneapolis Public School District, but the state’s open-enrollment policy allows students to attend any school outside of the district that has space available. The private Our Lady of Peace Catholic School, which gets top marks and is just outside the neighborhood, is another option. There are also citywide magnet schools that use lotteries to determine enrollment.
There are nearby parks for sports and for relaxing
Residents are a few miles from Minnehaha Regional Park, which offers hiking and biking paths, a disc golf course, volleyball courts, gardens and picnic areas. It’s also home to Minnehaha Falls, a 53-foot waterfall that is often used as a photo backdrop. Lake Nokomis Park, close to a mile and a half from the neighborhood, provides sports fields, an ice rink, a fishing pier and a beach. Canoes and kayaks are allowed on the water. “That’s where the majority of people go, because it’s one of the only big lakes east of [Interstate] 35W,” Vorachek says. Just south of the area is Veterans Park, which offers a pool and a mini-golf course, among other amenities.
Within the community, Solomon Park has an archery range and plenty of open space, and Todd Park has baseball and softball diamonds, tennis courts and a playground. Diamond Lake Park is surrounded by wetlands and is known for its birdwatching, though it also has a fishing pier.
You can kayak on Lake Nokomis.
Diamond Lake Park has wetland scenery around the lake.
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Downtown businesses and stadiums are a short drive away
The neighborhood is around 6 miles from downtown Minneapolis, where people often go to watch the Minnesota Twins play baseball at Target Field or to see a concert at First Avenue. It’s also where national companies like U.S. Bank and Sleep Number have their headquarters. The commute usually takes 10-20 minutes via Interstate 35W. Metro Transit buses make stops in the area and can get riders downtown in 35-50 minutes. The airport’s parking lots are about a 10-minute drive away.
Diamond Lake residents have access to Interstate 35W.
Metro Transit buses make stops in the neighborhood.
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The 5-8 Club is a laidback tavern known for its Juicy Lucy burgers.
You can try a Juicy Lucy burger or sit down at a classic diner
People can quickly get to several restaurants within a mile of the area. You can try:
Fat Lorenzo’s, a casual Italian eatery covered in murals
Heather’s, a popular brunch and dinner spot with a patio
The 5-8 Club, a tavern known for its cheese-filled Juicy Lucy burger
Guavas Cuban Cafe, a counter-service spot with authentic entrees
Hot Plate, a quirky diner known for its classic breakfast foods
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
Are you familiar with the Diamond Lake neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Diamond Lake
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
4
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Diamond Lake Demographics and Home Trends
On average, homes in Diamond Lake, Minneapolis sell after 21 days on the market compared to the national average of 57 days. The median sale price for homes in Diamond Lake, Minneapolis over the last 12 months is $467,500, up 6% from the median home sale price over the previous 12 months.
Completely reimagined from top to bottom, this stunning Diamond Lake home blends timeless character with the peace of mind that comes from an extensive, just-completed renovation. Every surface has been thoughtfully refreshed, highlighted by a brand-new designer kitchen featuring custom cabinetry, new appliances, updated flooring, stylish backsplash, and exceptional attention to detail
Move right in to this thoughtfully updated home, situated on a large corner lot in the Diamond Lake neighborhood of South Minneapolis. Step through the front entry into a light, bright, and modern main level. The living room boasts a cozy, wood-burning fireplace for winter nights and large windows that let in lots of natural light. Through the living room is a separate dining area off the super
Derwayne MooreKeller Williams Realty Integrity Lakes
Why rent when you can own a beautifully updated home in the heart of South Minneapolis? This charming home blends character, modern updates, and an unbeatable location with easy access to downtown Minneapolis, major highways, parks, restaurants, shopping, and public transportation. From the moment you arrive, you'll appreciate the inviting curb appeal, freshly painted exterior, oversized two-car
Situated on a corner lot in the highly desirable Diamond Lake neighborhood, this beautifully cared-for bungalow blends classic charm with modern comfort in an exceptional Minneapolis location. Bright and welcoming throughout, the home is filled with natural light and thoughtfully designed living spaces.Hardwood floors and natural light span throughout the main level, where the spacious living
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Handsome red brick expansion bungalow with 1 bedroom on main, 2 bedrooms on upper level, including primary bedroom; well maintained, with hardwood floors, natural woodwork & crown moldings. Main level features living room with wood burning fireplace, dining room with glass front corner china cabinets, kitchen with maple cabinets & stainless steel appliances including gas range, oven, refrigerator
"Like New" Completely Remodeled Home -- Ready for quick move in. You have to see the basement it is HUGE!! *** Southwest Mpls Luxury Developer "GroundUp Development" took on this major remodel because they wanted to bring their product to the coveted Diamond Lake neighborhood... Just Like they do in Edina and boy are you going to love it!! -- This floor-plan has everything you need in a 1/2 Story
Edgewater on Nokomis Charmer!Enjoy classic Minneapolis character and a fantastic location near the water and parks in this stunning 1.5-story home. Located in this highly desirable neighborhood, the property perfectly balances timeless architectural details with thoughtful, modern updates.The Heart of the Home: Welcome inside to a bright, inviting living area and spectacular kitchen,
Great investment opportunity in a prime location! This side-by-side duplex is fully rented, with one unit generating $1,600/month and the other $1,800/month. Each unit features 2 bedrooms and 1 bathroom, along with its own garage, offering convenience and added tenant appeal. Well-maintained and ideally situated, this property is perfect for investors looking to expand their portfolio or those
OMG! This home has a hidden bomb shelter! Read about it below. Welcome to 6009 13th Avenue South! This wonderful home is set in beautiful Diamond Lake – one of Minneapolis’s most sought-after and desirable neighborhoods! Step inside to a spacious living room with hardwood floors, a charming brick fireplace and large windows letting in ample natural light. Move into the kitchen with a great layout
Charming corner lot home backs up to Solomon Park for additional green space to enjoy! So many updates! Newer windows, Incredible primary suite remodel with private bathroom, 2 walk-in closets, sitting room, and beautiful built-ins. This home is an entertainers dream! Gorgeous, vaulted ceiling 4 season sunroom, adorable screened porch offers so many use opportunities, custom built privacy cedar
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.
This unit is available for in person tours. Current photos and video are available on the Guardian Property Management website. A well-maintained and recently renovated single-family home at 5559 2nd Ave S in South Minneapolis, offering about 1,600 square feet of living space with a mix of classic character and recent updates.The main floor features newly finished hardwood floors
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
