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Minnetonka, MN Condo for Sale

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    $165,000

    • 2 Beds
    • 2 Baths
    • 1,180 Sq Ft

    10311 Cedar Lake Rd Unit 103, Minnetonka, MN 55305

    Spacious 2-bed, 2-bath Cedar Lake condo includes spacious living room, patio, open kitchen with stainless steel appliances, informal dining room and walkout patio. Sizable bedrooms, private primary bath with walk-in closet. Shared amenities include pool, hot tub, sauna, entertainment room, heated garage, and more. Recent updates include kitchen appliances, backsplash and countertops. Don't miss

    Kevin Dunphy Compass

    10311 Cedar Lake Rd Unit 103, Minnetonka, MN 55305

Why Live in Minnetonka

Lake Minnetonka shapes daily life in Minnetonka with 125 miles of shoreline perfect for boating, fishing, and waterfront recreation. The city maintains 49 parks and 81 miles of trails, including the scenic Dakota Rail Regional Trail and Purgatory Park's expansive wetlands. Cultural attractions range from the Minnetonka Center for the Arts to unique destinations like Big Stone Mini Golf and Sculpture Garden. The dining scene features upscale options like BLVD Kitchen & Bar, known for signature flatbreads in an urban loft setting, and Bacio, a family-owned Italian restaurant with stone arches and local artwork.

The Minnetonka housing market includes properties ranging from $167,000 to $2.2 million, with a median sale price of $497,000. Single-family homes in prestigious Sherwood Forest command a median price of $808,000, while more moderate options exist in Glen Lake with a median price of $482,000. Townhomes throughout the city have a median price of $355,000.

Property taxes in Minnetonka reflect Hennepin County's 1.15% effective rate, matching neighboring communities like Eden Prairie and Plymouth. Minnesota's state income tax rate is 6.80% for a yearly salary of $45,533, with a combined sales tax rate of 8.12%.

The Minnetonka Public School District includes highly rated institutions like Minnetonka Senior High School, which received an A+ rating from Niche. Private education options include The International School of Minnesota, also rated A+, serving the Forest Hills and Glen Lake areas. The city connects to Minneapolis via I-394 and Highway 7, with Metro Transit providing bus service throughout. Residents experience four distinct seasons, with warm summers reaching the 80s°F and snowy winters accumulating 54 inches annually.

Home Trends in Minnetonka, MN

Housing Trends

Median Sale Price
$545,000
Median Single Family Sale Price
$566,500
Median Townhouse Sale Price
$379,499
Average Price Per Sq Ft
$253
Number of Homes for Sale
29
Last 12 months Home Sales
220
Months of Supply
1.60
Median List Price
$545,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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