Lake Minnetonka

This premier waterfront location is surrounded by lots of trees, wetlands, and prairies

Welcome to Lake Minnetonka

Located within 15 miles of Minneapolis, this lake is surrounded by 13 different municipalities and measures 14,528 acres—the ninth-largest out of Minnesota’s 10,000 lakes. A favorite destination for swimmers, boaters, sailors, and anglers is 125 miles of lakeshore and 25 different bays.  Due to its proximity to Minneapolis, homes on the lake have always been extremely popular, and sale prices reflect this demand.

Lake Minnetonka Real Estate Insights

Coveted for its natural surroundings—lots of trees, wetlands, and prairies—Lake Minnetonka is considered a premier location because of its waterfront proximity. Offering an eclectic mix of homes, prices here are in the multi-millions. Some new construction has been listed for as much as $30 million. Lake Minnetonka real estate is in high demand. Contact Matt Lill / Partners to find houses & lake homes for sale in Lake Minnetonka, MN.

What to Love

  • The quiet, slow-paced atmosphere
  • Premier but the affordable location
  • Beautiful natural surroundings within close proximity to the city

People & Lifestyle

Residents of Lake Minnetonka are drawn here by the casual lifestyle: Numerous lakeside restaurants and five country clubs are within minutes of this region. Outdoor recreation abounds here, and living in this area is akin to having a cabin within 45 minutes of downtown Minneapolis.

Dining, Entertainment & Shopping

There are plenty of casual and fine dining options in this area. Minnetonka Drive-In has been serving hungry diners since 1961, offering a classic menu of burgers, chili dogs, and fried chicken. Coalition, located in a historic building in Downtown Excelsior, serves globally-inspired American fare in elegant surroundings.  
Maynards, located on a wharf, is also popular, and the relaxed lakefront destination 6Smith boasts a spacious patio. 

Things to Do

In Minnetonka, residents gather at the Ridgedale Center Mall and enjoy the 95 acres of Big Willow Park. Guests can tour the Charles H. Burwell House, owned by the city of Minnetonka and listed on the National Register of Historic Places, and attend a range of Victorian-themed seasonal events.


Lake Minnetonka is home to many excellent schools. Top educational opportunities include:
  • Minnetonka Public Schools, a high performing K-12 Minnesota school district proudly serving families in all or part of 10 communities
  • Wayzata High School, serving grades 9-12
  • Orono High School, serving grades 9-12

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