$617,514Average Value$255Average Price per Sq Ft23Homes For Sale
Twin Cities suburb with a lake-oriented lifestyle
Minnetonka gets its name from the massive lake right off the city’s western border — and the name itself translates to “water big” in the Dakota language. However, Lake Minnetonka is far more than a namesake for this suburb located about 13 miles west of Minneapolis. The more than 14,000-acre lake is one of the primary reasons many in the Twin Cities metro area have sought out this side of Hennepin County. “It’s by far the biggest metro lake we have in Minneapolis. It’s set up for everything, from boating to sailing to water skiing and swimming. There are lots and lots of beaches and tons of entertainment on the water,” says Chris Rooney, broker of Re/Max Preferred, who lived in Minnetonka for a decade.
Along with the lake access, the city offers many other recreation options, an active shopping and dining scene, affluent housing, strong schools and a growing transportation infrastructure. This city of nearly 54,000 — the population has grown by 8% since 2010 — is also the home of major corporations involved in the provision of food and health care.
A western suburb of the Twin Cities, Minnetonka is located about 10 miles west of Minneapolis.
Minnetonka has various housing styles for people to choose from.
Water recreationists will love spending a summer's day on Lake Minnetonka.
People enjoy ice skating on Lake Minnetonka.
1/4
From modest ramblers to upscale Traditionals along the lake
Minnetonka housing consists of many bi-levels, split-levels, ranch-style houses, Colonial Revivals, late 20th-century contemporaries and upscale Traditionals. Homes occupy lots starting at about a quarter-of-an-acre and expanding beyond 1 acre. Many blocks have no sidewalks, but neighbors still enjoy daily strolls under tall, mature trees.
Depending on size and age, single-family homes here can cost anywhere between $400,000 to $1.5 million. Townhouses tend to fall in the lower of this range, from between $300,000 and $550,000, while the largest and most upscale homes can reach prices of upwards of a million. Minnetonka has a median list price of approximately $500,000, which is about $150,000 more expensive than both Minneapolis and Saint Paul. “Homebuyers with deep pockets are looking here because pricing is so far above the city average,” says Joshua Ives, a Realtor with Edina Realty. “Just remember, the closer you are to the lake, the more expensive it’s going to be.”
The city actively works with developers to expand its housing options to be inclusive of residents of all ages and income levels. Examples of such developments include a 275-unit apartment complex in the Opus Business Park or a 55 years of age and older apartment community with a complementary park near the Ridgedale mall.
Recently constructed split level homes can be found in Minnetonka.
Townhouses are an affordable options for Minnetonka residents.
Some houses have spacious lots in Minnetonka.
Waterfront housing is an option for a lucky few in Minnetonka.
1/4
Trail adventures, boating the Lake Minnetonka and winter sports
Minnetonka has over 100 miles of trails, dozens of neighborhood parks and a significant share of wetlands and forested areas. The 155-acre Purgatory Park is one of the city’s largest green spaces and home to the area's few remaining prairie habitats. “There’s a lot of nature here. We have some of the most significant tree canopy of any suburb in the metro area,” says City Councilwoman Deb Calvert. “We work very hard to preserve the natural beauty of the city.”
Public ramps provide spots to launch boats out onto Lake Minnetonka and visitors can spend their summers along its beaches or bring out their fishing poles to try to hook bass, sunfish and crappies.
Minnetonka also provides amenities for winter sports, namely ice hockey, figure skating and the hockey-like sport, bandy. In addition to venues like the Minnetonka Ice Arena, the city creates sheets of ice in its parks during the winter to give children and teens casual places to skate. Facilities like the Williston Fitness Center and The Marsh offer amenities like pools and fitness centers.
Purgatory Park invites you to connect with nature's peacefulness.
Lake Minnetonka is a popular spot for ice fishing.
Minnetonka Ice Arena is hosts high school games and open skating.
The Williston Center has several sports facilities.
1/4
A burgeoning food culture and the Ridgedale mall
Many here tale advantage of the lake for dinner outings. In addition to shorefront eateries, residents can also take local cruises to enjoy dinners out on the water. The popular Al & Alma’s is one such venue, which invites their patrons to drink and dine on their yachts while enjoying scenic views of the lake and the surrounding properties.
In addition to lakeside dining, Minnetonka’s diverse food scene features everything from homestyle pancakes to gourmet comfort foods, tapas and a fusion of cuisines. Upscale options like the Bacio Italian restaurant are ideal for a date night. The Ridgedale Mall has long been a destination shopping site, where folks will find department store chains like Macy’s, JCPenney and Nordstrom. Whole Foods and Trader Joe’s are just two of the city’s many grocery store options.
Ridgedale Mall was recently expanded and now features a much larger Nordstrom and an Apple Store.
Minnetonka residents can shop, dine, and relax at Ridgedale Mall.
1/2
Entertainment in the Park and Halloween at historic Burwell House
Celebrations here include the Lake Minnetonka 4th of July event, which occurs on July 3rd and 4th. In addition to the signature Excelsior-Lake Minnetonka fireworks show, attendees can enjoy a variety of food vendors and live music. They can also participate in the Excelsior Firecracker Run, which consists of three races spanning different distances.
The Entertainment in the Park series brings live music and movies to the Civic Center Park between June and September, and many enjoy the shows from the comfort of their lawn chairs. Other activities here include visits with the Minnetonka Fire Department, which educates children on the importance of how to extinguish fires and life-saving procedures. The Burwell Spooktacular in late October occurs at the city’s historic Burwell House, an iconic Carpenter Gothic and Stick style property. “It’s really just incredible. Kids and pets wear their costumes and there’s millions of activities,” Calvert says.
Minnetonka schools’ early STEM courses
The Hopkins, Wayzata and Minnetonka public school districts provide education in the city. The ratings site Niche gives the Minnetonka District an A-plus and ranks the system as the second best in the state. The National Association of Music Merchants Foundation also touts the Minnetonka district for its music education program. The district also focuses on STEM subject matter by providing students with an early introduction to subjects like coding.
A few private schools exist in the city, including the Minnetonka Christian Academy. The institution serves prekindergarten through 12th grade students, many of whom come from neighboring cities like Eden Prairie and Hopkins.
Minnetonka Senior High School ranks fifth in Minnesota with a 73% AP participation rate.
The school has 78 full-time teachers and 3 full-time school counselors to support students.
Minnetonka East Middle School is a hub nurturing young minds in a vibrant community.
Minnetonka Christian Academy is a Seventh-Day Adventist school in Minnetonka.
1/4
UnitedHealth Group, Cargill and Metro Transit light rail arrival
Minnetonka’s two largest employers, the UnitedHealth Group and Cargill, are headquartered here. UnitedHealth, the owner of UnitedHealthcare, employs well over 4,000 people locally and ranks among the top Fortune 500 companies. Forbes ranks Cargill as the largest private company in the country, noting that the food company employs about 3,500 people in the area.
The Metro Transit system operates bus routes in Minnetonka and plans to extend one of its light rail lines to the city as part of a larger extension project between Minneapolis and Eden Prairie. One of the city’s additional goals is to facilitate multimodal transportation through its trail systems. For example, city officials would like to make it easier for bikers to use the trails to reach the future rail station. “We’re pretty excited for that because it will make getting around a whole lot easier,” Calvert says about the project.
Several highways offer quick connections to multiple destinations throughout the region. Minnesota State Highway 7 runs across Minnetonka, providing a route to and from the lake and to some of the many cities that surround it. While Interstate 494 goes toward neighboring Eden Prairie and crosses Interstate 394, which takes residents toward Minneapolis to the east. The Minneapolis-Saint Paul International Airport is this region’s hub for commercial flights.
Important to know
The Twin Cities metro area experiences warm, humid summers and frigid winters. Prone to arctic air blasts, the region has some of the lowest average temperatures among large metropolitan areas in the country. Climate data shows that the average annual temperature is just under 50 degrees, which is a few points below the country's average. Minnesota is also usually ranked among the top 10 states for snowfall and the Twin Cities region averages just over 50 inches of snow each year. The area typically experiences snow between November and April.
The latest FBI data shows Minnetonka to be safer than both Minneapolis and Saint Paul. The two major cities’ violent crime rates are more than four times higher than Minnetonka’s. The property crime rate in Minnetonka is less than half of Saint Paul’s and about a third of Minneapolis’. Minnetonka also has slightly lower crime rates than the state.
Written By
Yann Ranaivo
Video By
Derek Fowler
Interested in learning more about homes in this area?
Reach out to
Andrea Kraft,
an experienced agent in this area.
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
On average, homes in Minnetonka, MN sell after 28 days on the market compared to the national average of 56 days. The median sale price for homes in Minnetonka, MN over the last 12 months is $555,555, up 3% from the median home sale price over the previous 12 months.
Idyllic turn of the century charming farmhouse with modern updates located on a half-acre lot. Think Restoration Hardware meets Dwell! Updated kitchen complete with center island, Cambria counters, and stainless steel appliances, while maintaining the old world charm. Enclosed four season porch surrounded by high-end windows brings views of outdoor inside. Three bedrooms up featuring a primary
Updated Minnetonka Townhome Don’t miss this opportunity to own a beautifully updated 3-bedroom, 3-bathroom townhome in the highly sought-after Minnetonka area. This home is currently being refreshed and will soon feature brand new kitchen cabinetry, new countertops, updated main-level flooring, and a fresh, modern coat of paint throughout — creating a clean, move-in-ready feel buyers are looking
Some homes follow the script. This one decided to write its own... and nailed it. From the moment you walk in, the soaring entry sets the tone with natural light, warm wood floors, and a bold pop of color that feels intentional, not accidental. It’s a space with personality and confidence, and it works.The main level flows exactly how you want it to. Living, dining, and kitchen all connect
Idyllic turn of the century charming farmhouse with modern updates located on a half-acre lot. Think Restoration Hardware meets Dwell! Updated kitchen complete with center island, Cambria counters, and stainless steel appliances, while maintaining the old world charm. Enclosed four season porch surrounded by high-end windows brings views of outdoor inside. Three bedrooms up featuring a primary
Rare end unit with attached garage and private entrance! There is a staircase from the garage/main entrance down to the unit. This spectacular condo lives like a townhome and feels like a spa-like retreat. Enjoy enhanced privacy, extra natural light, and your own private entrance_ directly from the attached garage plus a separate street-level entrance. The walk-out unit boasts southern exposure
This gorgeous 3-bedroom, 3-bathroom townhome truly delivers comfort, style, and functionality in every space. From the moment you step inside, you’ll appreciate the stunning open-concept main level that seamlessly connects the kitchen, dining, and living areas—perfectly designed for both everyday living and effortless entertaining. Cozy up by the inviting fireplace or gather with friends and
Updated Minnetonka Townhome Don’t miss this opportunity to own a beautifully updated 3-bedroom, 3-bathroom townhome in the highly sought-after Minnetonka area. This home is currently being refreshed and will soon feature brand new kitchen cabinetry, new countertops, updated main-level flooring, and a fresh, modern coat of paint throughout — creating a clean, move-in-ready feel buyers are looking
Pickleball Paradise Meets Cozy Charm! 1890 SQ Ft Heated Athletic Outbuilding! Welcome to your dream home — a one-of-a-kind property that combines recreation, relaxation, and versatility like no other. Set on a private lot with a picturesque circle driveway, this charming 1 1/2-story home offers 3 bedrooms, 2 beautifully updated bathrooms, and a warm, inviting atmosphere throughout.Love
Only available due to relocation, this extraordinary Minnetonka home is a rare opportunity to own a truly special property where design, character, and lifestyle come together beautifully. Set on a gorgeous, tree-lined 1⁄2 acre lot in a quiet, private neighborhood within the Wayzata School District, the home offers incredible curb appeal with its classic 2-story architecture and stunning full
An extraordinary and rare offering from renowned Architect Howard Theis, a spacious home, nestled in one of Lake Minnetonka’s most coveted neighborhoods. Homes overlooking Gray’s Bay rarely come to market. This Craftsman inspired gem, allows you to live lake life, without the long commute. With sweeping views of the bay, the residence seamlessly blends striking architectural lines with the
Some homes follow the script. This one decided to write its own... and nailed it. From the moment you walk in, the soaring entry sets the tone with natural light, warm wood floors, and a bold pop of color that feels intentional, not accidental. It’s a space with personality and confidence, and it works.The main level flows exactly how you want it to. Living, dining, and kitchen all connect
Welcome home to this sun-filled, beautifully updated 4-bedroom, 2-bath rambler in the highly sought-after Wayzata School District. Featuring an open floor plan, updated kitchen, two refreshed bathrooms, and a newer roof, this home blends comfort and style throughout. Enjoy a flat, expansive backyard perfect for entertaining. Conveniently located in a quiet neighborhood near Ridgedale Mall, Whole
Comprehensively rebuilt and expanded in 2020, this 5,000+ square foot home sits on 2.06 acres backing to protected natural wetlands in the Libbs Lake area. The property was reimagined from the studs up, with high-quality finishes, several thoughtful additions, and updated systems that live like new construction. The main level features a great room with floor-to-ceiling windows, an open chef’s
Welcome to The Ponds at Greenbrier! Discover this inviting 1-bedroom end/corner unit that features a spacious and naturally bright layout. The cozy wood-burning fireplace anchors the living area, making it an ideal place to unwind year-round. The kitchen opens nicely to the dining and living spaces for easy flow. Fresh new carpet adds a warm, updated feel throughout, while the two balconies, both
Welcome to this stunning first-floor condo offering true main-level living and the rare convenience of a private patio entrance—perfect for easy access, added privacy, and seamless indoor-outdoor living.This bright and inviting home features an open floor plan filled with natural light from expansive windows. The spacious layout includes one bedroom and one bathroom, complete with a relaxing
Cedar Hills Apartments is Minnetonka's best kept secret. Nestled in a quiet North woods setting behind Aldi's Grocery Store at the corner of Hopkins Crossroads and Cedar Lake Road. Our location is just blocks from Hopkins High School, Hopkins, Junior High School and close to L.H. Tanglen Elementary. Minutes from West End, Ridgedale and Knollwood Malls that offer wonderful shopping! Come on in
This Stunning 4 Bed, 4 Bath, 4 Car Garage Home on a gorgeous treed lot is now available for lease. Featuring expansive windows throughout, a chef's kitchen w/ ample storage, marble countertops, farmhouse sink and a 6 burner stove. The open layout includes a living room with vaulted ceilings & beams, a dining space with french doors that open to the sun room. Tucked away from the common areas, you
Angie ToomeyKeller Williams Premier Realty Lake Minnetonka
Alcott is the perfect blend of sophisticated elegance fused with modern and playful design to create a new level of tailored living in Minnetonka, Minnesota. Alcotts expansive 6-floor design boasts a mix of alcoves, studios, and one to three-bedroom unit designs to accommodate a variety of lifestyles. Our thoughtfully designed floor plans include premium features like quartz countertops,
Beautiful condo available for rent with many updates on the top floor! 1 bedroom/1 bathroom available for rent. This home has an updated kitchen that is bright and welcoming. Large open dining/living room, master bedroom has walk-in closet, full bath, and laundry! Enjoy beautiful Minnesota summer days with a large screened in balcony/porch! Underground heated parking. Other amenities located on
Bellamy Minnetonka invites you to a community that delivers all the perks of modern living, with access to the upscale amenities you want, the premium features you’ll love, and a location close to everything you need.
Hard to find 5BR 4BA two story on Landscaped & level lot w/west facing views over Grays Bay! Recent addition & remodel. This home offers open & casual floor plan, main level office, tall windows & 2 decks to take in the Lake Minnetonka View! Dock included. Minimum 12 month Lease. Available June 1. $55. application fee per adult. $10,000 Deposit $150 admin fee due at lease signing.
Beautifully updated home on a private, tree-lined lot just 5 minutes to Wayzata or Ridgedale and 15 minutes to downtown Minneapolis. Located in a neighborhood of well-maintained homes with quiet streets—perfect for walking or biking. Sidewalks along Crosby Road connect to scenic paths along Grays Bay. Inside, you'll find a gracious living room with hardwood floors, a fireplace, and large windows,
Find a new place to call home at Avana Minnetonka, a peaceful, lush retreat, just moments away from everything Minneapolis has to offer! Choose from one-, two-, and three-bedroom apartments homes in a variety of floor plans, designed to fit every need. Our homes feature spacious kitchens with sleek countertops and cabinets, stainless steel options, private balconies and patios, plush carpet and
3 Bedroom 4 bath home on Wayzata bay, Lake Minnetonka. Great views of the Grays Bay Bridge. 2 Bedrooms up, one on the main floor. Great kitchen, porch, patio. Walls of windows on the lake side. 2 Double Garages and the dock is in!
Cedar Ridge Apartment Homes consist of 180 apartments in the beautiful city of Minnetonka.We are in close proximity to both HWY 169 and 394, Giving you easy access to Downtown Minneapolis and the West Metro. Located within walking distance to many daily conveniences including, ALDI, Cedar Hills Shopping Center, Crossroads Deli and Holiday Station. In addition, Ridgedale Shopping
Choose from a curated collection of alcoves and one-, two-, and three-bedroom apartments for rent. Each home features high-end finishes, including quartz countertops, stainless steel appliances, an in-unit washer and dryer, and private outdoor spaces, with select units offering cozy fireplaces for added warmth and charm.
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.
