Where is Minnetonka, Minnesota located?

Minnetonka is a city in Hennepin County, Minnesota, located approximately 10 miles west of downtown Minneapolis. It spans 28.22 square miles — including 1.29 square miles of water — and encompasses the eastern tip of Lake Minnetonka, including Grays Bay and Libbs Lake. The city borders Wayzata, Hopkins, Deephaven, Woodland, and Plymouth, and is one of the most commercially significant suburbs in the Twin Cities metropolitan area.

How many people live in Minnetonka?

Minnetonka had a population of 53,776 at the 2020 census, making it the 19th most populous city in Minnesota. As of 2024 the estimated population is approximately 52,651. The median household income is $119,517, and the city's median age is approximately 43 years, reflecting a well-established, family-oriented suburban community.

What makes Minnetonka a great place to live?

Minnetonka offers an exceptional combination of suburban convenience, natural beauty, economic vitality, and top-rated schools. The city has over 50 parks and nature areas, two public beaches, municipal boat slips on Lake Minnetonka, and convenient access to downtown Minneapolis. The historic Minnetonka Town Hall — built in 1906 and listed on the National Register of Historic Places — reflects the city's long heritage. Minnetonka has been recognized by Money Magazine as one of the 100 Best Places to Live in America.

What major employers are in Minnetonka?

Minnetonka is home to two of the nation's most significant corporations. Cargill — the largest privately held company in the United States — is headquartered in Minnetonka. UnitedHealth Group — Minnesota's largest publicly owned company and one of the largest health insurance companies in the world — is also headquartered here. Other major employers include Ridgedale Center, the only major shopping mall in the Lake Minnetonka area, along with numerous regional corporate offices, healthcare facilities, and professional service firms.

What school districts serve Minnetonka?

Minnetonka is served by three public school districts depending on address: the Minnetonka School District (#276), the Wayzata School District (#284), and the Hopkins School District (#270). The Minnetonka School District is the largest, serving portions of 10 communities and consistently ranking among Minnesota's top districts, with Minnetonka High School maintaining a 98% graduation rate. Buyers should verify district assignment for any specific address.

Does Minnetonka offer municipal boat slips?

Yes. The City of Minnetonka offers municipal boat slips exclusively to Minnetonka residents, including renters. Slips are located at Grays Bay Marina and are allocated from a waitlist on a first-come, first-served basis. Applicants must list their Minnetonka residential address on the application. Slip availability, leasing terms, and current fees are posted on the City of Minnetonka's official website at minnetonkamn.gov.

What parks, trails, and beaches are in Minnetonka?

Minnetonka has over 50 parks and nature trails throughout the city. The two main public beaches are Shady Oak Beach on Shady Oak Lake and Libbs Lake Beach on Libbs Lake — both offering swimming, lifeguards, picnic areas, and seasonal amenities. The city also maintains connections to regional trails including the Dakota Rail Regional Trail, the Lake Minnetonka LRT Regional Trail, and the Minnehaha Creek Greenway, providing biking and walking access across the western suburbs.

Minnetonka Homes For Sale

Minnetonka

Minnetonka’s story began in the mid-1800s when settlers were drawn to its beautiful setting along Minnehaha Creek. Many of the early residents came from New England and the East Coast, bringing with them farming knowledge, especially raspberry cultivation, that helped shape the area's agricultural success and even influenced nearby Hopkins. Today, Minnetonka blends this rich heritage with vibrant neighborhoods, natural beauty, and a strong sense of community, making it a welcoming place to call home.

Real Estate Statistics

Average Price	$1M
Lowest Price	$300K
Highest Price	$4.8M
Total Listings	106
Avg. Days On Market	46
Avg. Price/SQFT	$287

Property Types (active listings)

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New

$800,000

4309 Tonkawood Road, Minnetonka

3 Beds 3 Baths 3,228 SqFt Residential MLS® # 7029883

Coldwell Banker Realty

New

$569,000

4723 Forest Circle, Minnetonka

5 Beds 3 Baths 3,081 SqFt Residential MLS® # 7099263

Bridge Realty, LLC

New

$475,000

New Open House

$585,000

2101 Sheridan Hills Road, Minnetonka

3 Beds 2 Baths 2,188 SqFt Residential

Open House

Sat, Aug 15th, 2026 @ 12pm - 3pm

MLS® # 7112367

Kris Lindahl Real Estate

New Open House

$965,000

5708 Glen Avenue, Minnetonka

5 Beds 3 Baths 3,323 SqFt Residential

Open House

Sat, Aug 15th, 2026 @ 11am - 1pm

MLS® # 7123453

Rize Realty

New

$550,000

12810 Lone Oak Drive, Minnetonka

4 Beds 2 Baths 2,578 SqFt Residential MLS® # 7126141

Coldwell Banker Realty - Lakes

New

$774,900

14901 Williston Lane, Minnetonka

6 Beds 4 Baths 3,532 SqFt Residential MLS® # 7126275

RE/MAX Results

1 2 3 4 9

Minnetonka Highlights:

With a population of around 50,000, Minnetonka is one of the largest and most dynamic communities surrounding Lake Minnetonka. Spanning 28 square miles, including over 1.29 square miles of water, this city offers both natural beauty and suburban convenience. Just 8 miles from downtown Minneapolis, Minnetonka is ideal for commuters who want quick city access. It’s also a hub for commerce, home to major corporations like Cargill, UnitedHealth Group, and Carlson Companies, and features Ridgedale, the only mall in the Lake Minnetonka area. Recognized nationally, Minnetonka was named one of Money Magazine’s “100 Best Places to Live in America” thanks to its strong economy, excellent schools, diverse housing, and abundant parks and trails. With its own police and fire departments, the city is exceptionally safe; violent crime rates are lower than 86% of cities nationwide. Whether you’re looking for career opportunities, top-tier amenities, or a welcoming community to call home, Minnetonka offers it all.

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SCHOOLS IN THE DISTRICT

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

Hopkins School District Minnetonka School District Wayzata School District

UTILITIES

Utility Information

MUNICIPAL BOAT SLIPS

The City of Minnetonka offers municipal boat slips exclusively to residents, including those living in rental properties. Slips are located at Grays Bay Marina and are available on a lease basis, with one application permitted per household. Applicants must list their primary residence on the application, and that residence must be located within the City of Minnetonka.

Residents may join the waitlist at any time throughout the year to be considered for future slip vacancies. The waitlist operates on a first-come, first-served basis, with new applicants added as they are received. When a slip becomes available, the City contacts the next eligible person on the list.

For full details on eligibility, leasing terms, and fees, please visit the City of Minnetonka’s official website.

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 and Libbs Lake Beach

RESTAURANTS

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

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MINNETONKA HOMES FOR SALE

Minnetonka

Real Estate Statistics

Search Minnetonka Homes for Sale

$800,000

4309 Tonkawood Road, Minnetonka

$569,000

4723 Forest Circle, Minnetonka

$475,000

4311 Williston Road, Minnetonka

$590,000

4615 Saddlewood Drive, Minnetonka

$564,900

19112 Townline Road, Minnetonka

$549,000

16409 Norwood Lane, Minnetonka

$440,000

5536 Holiday Road, Minnetonka

$385,900

2516 Westview Terrace, Minnetonka