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Lake Minnetonka

Minnesota

117Listings$70K-$17M$313.1MTotal Value
Lake Minnetonka, Minnesota

Lake Minnetonka real estate is the largest market for lake homes and land in Minnesota.

There are typically around 110 lake homes for sale on Lake Minnetonka, and around 20 lots and land listings available.

This lake is one of Minnesota's largest lakes and has 100 miles of shoreline. The closest major airport, Minneapolis-Saint Paul International Airport, is only 25 miles away.

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Based on information submitted to the MLS GRID as of 01/09/2025 12:47:17 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching Northstar MLS listings you agree to the Northstar MLS End User License Agreement.

About Lake Minnetonka

Massive Lake of the Twin Cities Metro Area

Lake Minnetonka sprawls across the Minneapolis-Saint Paul Metropolitan Area. Multiple cities and high-end resorts border the massive lake.

Downtown Minneapolis is approximately 25 miles away if you wish to shop, dine, or get in on the nightlife. In joint with Saint Paul, they offer the Minneapolis-Saint Paul International Airport, several major hospitals, the University of Minnesota, and so much more.

A Stunning Expanse of 14,000 Acres

Lake Minnetonka's breathtaking landscapes and proximity to the twin cities have made it a long-time getaway for celebrities and wealthy businesspeople. It was once home for President William Howard Taft.

With 14,000 acres of surface area, it is by far the largest lake in the metro area. Its shoreline winds for 125 miles along its bays, branches, and inlets.

Flourishing with Lake Activity

The waters of Minnetonka are host to all sorts of watersports. Powerboating, pontooning, water skiing, jet skiing, sailing, and fishing are just some of the daily activities.

Big Island is the lake's famous hangout where boaters gather to drink, swim, listen to music, and socialize. It is renowned enough to have its own "Tonka Paparazzi" that photographs the gatherings.

While it is a very active environment, some lake bays are more relaxed and quiet for fishing or kayaking. Anglers make catches of northern pike, walleye, muskies, and sunfish.

Lakeside Towns and Events

Locals and visitors have made excelsior a favorite stop for its down-home shops, boutiques, antique stores, and ice cream parlors.

Wayzata features lakeside restaurants like COV Wayzata, Gianni's Steakhouse, McCormick's Pub & Restaurant, and 6Smith.

The 4th of July Celebrations around Lake Minnetonka are incredible. Every town around the shore has a parade or celebration happening while some celebrate from their boats. Several locations put on firework displays when the sunsets.

A Glorious Lake to Call Home

At Lake Minnetonka, you will not only be surrounded by scenic landscapes but also by beautiful homes. This sought-after area is the perfect place for a permanent residence, weekend getaway, or vacation rental.

Lake Overview

  • 100mi. of Shoreline
  • 30ft. Avg. Depth
  • 113ft. Deepest Depth
  • Shoreline Borders
    State Park (Some)
    National Park (Some)
  • Ownership
    Public
  • Acreage
    14,000
  • Public Boat Ramps
    9

Information

  • Counties: Hennepin County
  • Fish: Black Crappie, Largemouth Bass, Northern Pike, Smallmouth Bass, Walleye
  • Notable events: 4th of July Fireworks on Lake Minnetonka
  • Sailing clubs: Minnetonka Yacht Club, Wayzata Yacht Club
  • Interesting facts: Minnetonka comes from the Sioux language and means "big waters."
  • Known for: Popular resort destination
  • History: The steamship named City of St. Louis was the first inland steamship to have electric lights.

Restrictions

-- Speed restrictions of 40 mph I the daytime, and 20 mph for nighttime. (See https://lmcd.org/lake-friendly-boating/)
-- Docks, structures, and watercraft have to be located within an authorized Dock Use Area. (See https://lmcd.org/lake-shore-owners/)