Lake Minnetonka Real Estate & Homes for Sale

Minnetonka, a highly desired city located on Lake Minnetonka, boasts a charming atmosphere and a proud history dating back to the mid-1800s. The first settlement along Minnehaha Creek was established during this time. In 1956, Minnetonka Township incorporated into a village, eventually gaining city status in 1968.

Carman's Bay, situated within Orono, derives its name from John Carman, the area's first settler. Casco Point stands out as the premier location along the bay, offering coveted access and stunning views of Lake Minnetonka.

In the 1880s, Lake Minnetonka gained worldwide recognition as a preferred destination for affluent tourists. Three of its most opulent hotels, namely Hotel Saint Louis, Lake Park Hotel, and Hotel Lafayette, were all constructed in the early years of that decade.

Lake Minnetonka is home to 6,594 households, boasting an average household size of 2.37.

Minnetonka experiences housing expenses that are 17% higher than the national average, while utility prices align with the national average. Transportation costs, including bus fares and gas prices, are 4% higher than the national average. On the other hand, Minnetonka enjoys grocery prices that are 5% lower than the national average.