Why Live in Glen Lake
About 2 miles south of central Minnetonka, Glen Lake’s residential streets are interspersed with parks surrounding the area’s namesake water source. The expansive neighborhood has a wide selection of homes and easy access to major roads and quality schools. “Minnetonka is a big suburb, and Glen Lake is one of its pockets. It’s an older, established area, so there are bigger lots and bigger homes with mature trees,” says Real Estate Agent Laura Scott with Re/Max Advantage Plus, who has over 20 years of experience and lives in the neighborhood. While essentials can be found in commercial centers throughout the area, downtown Minneapolis and the Mall of America are only 20 to 30 minutes away. Homes in Glen Lake are lined along wide streets and cul-de-sacs. Most properties have a large front lawn and are surrounded by tall, thick trees. “I have a half-acre lot, and that’s not uncommon for the area, to have a large lot,” Scott says. Ranch-style homes built between the 1950s and 1970s are common, alongside raised ranchers built on a hill. These properties cost around $350,000 to $550,000. Bi-level homes and split levels are another housing type. Most have a traditional design, with a
Home Trends in Glen Lake, MN
On average, homes in Glen Lake, Minnetonka sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in Glen Lake, Minnetonka over the last 12 months is $650,000, up 73% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$650,000
Median 2 Bedroom Sale Price
$590,000
Average Price Per Sq Ft
$402
Number of Homes for Sale
5
Last 12 months Home Sales
65
Median List Price
$650,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
73%