What are acreage properties on Lake Minnetonka?

Acreage properties on Lake Minnetonka are residential estates and parcels offering substantially more land than a typical suburban lot — often ranging from one to ten or more acres. These properties may include direct lakefront access, wooded privacy buffers, guest houses, or outbuildings, and are among the most sought-after and limited listings in the Twin Cities metro.

Why buy an acreage property on Lake Minnetonka instead of a standard lakefront home?

Acreage properties offer a level of privacy, space, and flexibility that standard lakefront homes typically cannot match. Buyers gain room for additional structures, landscaping, and recreational space while still enjoying proximity to or direct access to Lake Minnetonka's 14,528 acres of water. These properties also tend to hold long-term value due to their scarcity in the market.

Which areas around Lake Minnetonka have acreage properties for sale?

Acreage properties can be found across several communities surrounding Lake Minnetonka, including Orono, Wayzata, Minnetrista, Deephaven, and Shorewood. Each area offers a distinct character — from the more rural and private feel of Minnetrista to the upscale village atmosphere of Wayzata. Dan Hollerman can help identify which community best fits your lifestyle and goals.

How much do acreage properties on Lake Minnetonka cost?

Pricing for acreage properties on Lake Minnetonka varies widely based on lot size, location, lakeshore frontage, and existing structures. Entry-level acreage parcels may start in the low millions, while expansive lakefront estates can exceed $10 million. An accurate valuation requires evaluating the specific parcel and current market conditions with an experienced local agent.

Can I build a custom home on an acreage lot on Lake Minnetonka?

Yes. Many acreage buyers purchase land with the intention of building a custom home. Dan Hollerman works with select architects and builders in the Lake Minnetonka area and can guide buyers through site selection, design, and construction — from identifying a well-positioned lot to arranging financing and coordinating the build process.

Are there any restrictions on acreage properties near Lake Minnetonka?

Yes. Properties near Lake Minnetonka may be subject to shoreline setback requirements, wetland buffers, impervious surface limits, and municipal zoning rules that vary by city. Working with an agent who understands the regulatory landscape around each community is essential before making an offer on an acreage parcel.

How do I find acreage properties for sale on Lake Minnetonka?

You can browse current acreage listings on Lake Minnetonka at hollerman.com. Dan Hollerman is a Compass agent and Lake Minnetonka resident with deep knowledge of the local market in every season. He can alert you to off-market opportunities and help you evaluate any property before it moves.