How to Buy a Home on Lake Minnetonka

Lake Minnetonka Sailboats

Sailboats on Lake Minnetonka

If you are looking for the premier place to live in the Twin Cities, then look no further than Lake Minnetonka. Located just 8 miles west of Minneapolis, or 20 -30 minutes depending on traffic, residents have access to numerous highways to get them around town and enjoy the best of both worlds – quiet lake living combined with all the local big city amenities.

Buying a Lake Minnetonka home can be a little overwhelming at first due to the shear size of the lake. With over 140 miles of shoreline and numerous bays, real estate options are endless. Some buyers narrow down their choices by choosing the town on the lake they wish to live in– Wayzata, Shorewood, Deephaven, and Excelsior are the most popular Lake Minnetonka eastern towns, with Orono, Spring Park, and Tonka Bay covering the center of Lake Minnetonka, and Mound, Minnetrista, rounding out the western side.

Some buyers look to the house as the number one determining factor on where they will be living. Most of the waterfront homes cost $1 Million and more so be prepared to spend some money on your home. Home styles differ greatly around Lake Minnetonka– Cape Cod, Victorian, Cottage, Modern, Cabin, Lodge, just to name a few. Most of the lakefront homes have their own docks, but some neighborhoods have deeded access to a bay, giving home owners the same opportunity for boat storage on community docks. With boating, fishing, skiiing, and all the fun lake living has to offer, docks are a major “must have” for life on Lake Minnetonka.

Exposure could be important to finding the perfect Lake Minnetonka home. Do you like sunrises or sunsets best?Want both? Then figuring out which way your future home faces could help the home purchasing decision. Lake Minnetonka waterfront homes have fantastic views, especially in the fall when leaves change color, and if you like to garden, consider the amount of tree coverage on the lot, as that will greatly affect what types of plants you will be able to grow.

But the number one action to take when buying Lake Minnetonka waterfront property is to search the current homes available for sale. Make notes on what you like and don’t like and start narrowing down the choices. Before you know it, you will have a handful to see and soon will be on your way to owning your own piece of lake paradise. Happy shopping!

Search Lake Minnetonka Homes for Sale

Leave a Comment