Minnetonka

The city of Minnetonka has a long history dating back to the mid 1800’s when it was a popular settlement due to its location along the Minnehaha Creek. Early settlers primarily came from New England and other Eastern states and brought with them the techniques to grow raspberries which later set up the success of Minnetonka’s neighboring city, Hopkins.

Real Estate Statistics

Average Price $1M
Lowest Price $140K
Highest Price $2.3M
Total Listings 30
Avg. Days On Market 54
Avg. Price/SQFT $289

Property Types (active listings)

Minnetonka Highlights:

  • Minnetonka, with a population of roughly 50,000 people, is one of the largest Lake Minnetonka communities. The city is 28 square miles with over 1.29 square miles being on the water. 

  • Minnetonka is only 8 miles from downtown Minneapolis making this a great location for the commuter.

  • Minnetonka is an innovator in commerce possessing the only mall in the Lake Minnetonka area, Ridgedale, and is home to some of Minnesota’s largest corporations such as Carlson Companies, Cargill and United Health.

  • The city of Minnetonka was named Money Magazine’s “100 Best Places to Live in America” 2017. Mayor Schneider said, “The city’s economic stability, diverse housing market, excellent education options, city amenities and natural beauty all combine to make our community a desirable fit for people of all ages.

Minnetonka has its own Police Department, Fire Department and City Hall.

  • The large police force and multiple firehouse locations make Minnetonka a very safe community. Based on violent crime statistics, Minnetonka is safer than 86% of the cities in the United States.

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INSIDER TIPS

PARKS AND NATURE

There are over 50 parks and nature trails in Minnetonka. You can check out the list here Minnetonka Parks and Trials.

BEACHES

Shady Oak Beach, Libbs Lake Beach

RESTAURANTS

Minnetonka has a nearly endless supply of restaurants and retail options.

SCHOOLS IN THE DISTRICT 

The city of Minnetonka is served by three school districts: Hopkins, Minnetonka, and Wayzata.  

lake minnetonka aerial view

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