Libbs Lake Houses for Sale

/56
$895,000
- 5 Beds
- 3.5 Baths
- 2,896 Sq Ft
16610 Cottage Grove Ave, Wayzata, MN 55391

Located in the highly sought-after Groveland Shores neighborhood of Minnetonka, this beautifully reimagined Dutch Colonial offers timeless charm with every modern amenity. Built in 1957, the home was stripped to the studs and professionally renovated in 2020, with all-new electrical service, HVAC, windows, and major structural upgrade with ICF foundation.Inside, you’ll find custom millwork,

Lee Finlay Modern Times Real Estate

16610 Cottage Grove Ave, Wayzata, MN 55391
/74
$3,595,000 New Construction
- 6 Beds
- 5 Baths
- 5,999 Sq Ft
3061 Lake Shore Blvd, Wayzata, MN 55391

New Construction: Beautiful lake home offering nearly 50 feet of lakeshore overlooking Libbs Lake connected to Lake Minnetonka. This home hits the mark with lakeside living featuring 4 outdoor living spaces- all with panoramic lake views! The interior of the home is lake focused as well with views from nearly every room- all set for enjoying lake life. Noteworthy finishes: primary suite with

Tony Sarenpa Keller Williams Premier Realty Lake Minnetonka

3061 Lake Shore Blvd, Wayzata, MN 55391

Minnesota Hennepin County Minnetonka Libbs Lake

Home Trends in Libbs Lake, MN

On average, homes in Libbs Lake, Minnetonka sell after 14 days on the market compared to the national average of 70 days. The median sale price for homes in Libbs Lake, Minnetonka over the last 12 months is $632,000, up 31% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$632,000

Median Single Family Sale Price

$328,500

Average Price Per Sq Ft

$245

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.70

Median List Price

$368,250

Median Change From 1st List Price

-4%

Median Home Sale Price YoY Change

31%

How to Buy a Home How to Finance a Home How to Sell a Home

In Libbs Lake, there are currently 2 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $895,000 to $3,595,000, there's something for every budget. As of August, 2025 the median home price in Libbs Lake, Minnetonka is $368,250, while the average sale price is $497,111, providing insight into local market trends. On average, houses spend 14 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Libbs Lake, Minnetonka and find the perfect place to call home.

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