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Lake Minnetonka

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
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244 Properties Found. Showing Page 1 of 28
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Commanding The Major Share Of The Lake's Most Prominent...

Photo of Listing #4095375
$24,000,000
Orono, MN
7 13 12 32,461 ft² Residential
Price:
$24,000,000
City:
Orono
Beds:
7
Baths:
13
Type:
Residential
MLS® #:
4095375
Provider:
Coldwell Banker Burnet

Commanding The Major Share Of The Lake's Most Prominent Point,...

Simply The Most Extraordinary And Long Admired Estate...

Photo of Listing #4440967
$22,000,000
Orono, MN
6 10 6 12,874 ft² Residential
Price:
$22,000,000
City:
Orono
Beds:
6
Baths:
10
Type:
Residential
MLS® #:
4440967
Provider:
Coldwell Banker Burnet

Simply The Most Extraordinary And Long Admired Estate On Lake...

One Of The Most Admired Properties On Lake Minnetonka....

Photo of Listing #4421160
$11,900,000
Orono, MN
4 10 7 17,494 ft² Residential
Price:
$11,900,000
City:
Orono
Beds:
4
Baths:
10
Type:
Residential
MLS® #:
4421160
Provider:
Lakes Sotheby's International

One Of The Most Admired Properties On Lake Minnetonka. With 300+...

Crown Jewel Of Locust Hills With 178 Feet On Gray's...

Photo of Listing #4377705
$6,450,000
Wayzata, MN
4 7 6 8,574 ft² Residential
Price:
$6,450,000
City:
Wayzata
Beds:
4
Baths:
7
Type:
Residential
MLS® #:
4377705
Provider:
Lakes Sotheby's International

Crown Jewel Of Locust Hills With 178 Feet On Gray's Bay. Designed...

Feel The Lake Winds Call You Home. This Landmark Home...

Photo of Listing #4466159
$5,250,000
Wayzata, MN
7 6 3 7,150 ft² Residential
Price:
$5,250,000
City:
Wayzata
Beds:
7
Baths:
6
Type:
Residential
MLS® #:
4466159
Provider:
Coldwell Banker Burnet

Feel The Lake Winds Call You Home. This Landmark Home Is Steps...

Exquisite Property On Wayzata Bay, Nestled Privately...

Photo of Listing #4340266
$4,750,000
Wayzata, MN
6 9 6 10,779 ft² Residential
Price:
$4,750,000
City:
Wayzata
Beds:
6
Baths:
9
Type:
Residential
MLS® #:
4340266
Provider:
Coldwell Banker Burnet

Exquisite Property On Wayzata Bay, Nestled Privately Amongst...

Absolute Turnkey Perfection Built By Kyle Hunt-almost...

Photo of Listing #4469405
$4,495,000
Deephaven, MN
5 6 3 6,594 ft² Residential
Price:
$4,495,000
City:
Deephaven
Beds:
5
Baths:
6
Type:
Residential
MLS® #:
4469405
Provider:
Coldwell Banker Burnet

Absolute Turnkey Perfection Built By Kyle Hunt-almost New! Broad...

Exceptional Lake Minnetonka Future Building Site Encompassing...

Photo of Listing #4408913
$4,250,000
Wayzata, MN
6 5 3 5,558 ft² Residential
Price:
$4,250,000
City:
Wayzata
Beds:
6
Baths:
5
Type:
Residential
MLS® #:
4408913
Provider:
Coldwell Banker Burnet

Exceptional Lake Minnetonka Future Building Site Encompassing...

Orono Lakeshore Estate. Recently Expanded & Remodeled...

Photo of Listing #4423686
$4,195,000
Orono, MN
4 7 4 10,505 ft² Residential
Price:
$4,195,000
City:
Orono
Beds:
4
Baths:
7
Type:
Residential
MLS® #:
4423686
Provider:
Coldwell Banker Burnet

Orono Lakeshore Estate. Recently Expanded & Remodeled W/richly...

More About Lake Minnetonka

Lake Minnetonka is a 14,528-acre lake in the U.S. state of Minnesota. Throughout its recorded history, the lake has been a resort destination. It is located west-southwest of Minneapolis-St. Paul. The lake is an irregular shape with numerous bays and islands which make up about 125 miles of shoreline. The lake is located almost entirely within Hennepin County; however, its southernmost extension, at Smithtown Bay, reaches into the city of Victoria, in northeastern Carver County.

Early History

The first people of European descent known to have visited the lake were two teenaged boys from Fort St. Anthony (later to be renamed Fort Snelling), Joe Brown and Will Snelling. The two seventeen-year-olds found the lake in 1822 by paddling up Minnehaha Creek, though few people visited the lake in the following 30 years.

In 1852, the lake was given its name by Minnesota's territorial governor Alexander Ramsey. He had been told that American Indians in the area used a phrase sounding like minn-ni-tanka, meaning “big water,” to refer to the lake. The same year, the first settlements were constructed around it, and in 1853, the first hotel was built.

Henry Wadsworth Longfellow wrote the epic poem The Song of Hiawatha in 1855, which referred to Minnesota and landmarks of the area such as Minnehaha Falls. This gave the area national interest.

1861 saw the introduction of steamboats; the first one was the Governor Ramsey, named to honor the man who named the lake. Following the Civil War, a rail line operated by St. Paul & Pacific Co. connected to the area in 1867.

The first inland steamboat to have electric lights, the City of St. Louis, was built in Wayzata in 1881. The next year, the largest ship to ever sail the lake was launched; the Belle of Minnetonka was 300 feet long and could carry 2500 passengers. The 1880s marked the steamboats' heyday as tourist destinations. By 1892, the Belle stayed moored at her dock all summer long.

20th Century

In 1905, Twin City Rapid Transit first connected streetcar lines to the lake. This marked a golden age for the lake, with more rapid growth as TCRT added more resorts to the area and launched their “streetcar boats.” Actually named Express Boats, they were steamboats that shared the appearance of streetcars. At first six, and then seven, such boats would take arriving streetcar passengers and steam them to over twenty different endpoints on the lake. For a time, one destination was the Big Island Amusement Park, about the same size as today's Valleyfair, but it only lasted about five years before it was shut down. Later, Excelsior Amusement Park had greater success, with seasonal operations running from 1925 through 1973.

Crane Island, on the western side of the lake, was organized as a summer cottage retreat in 1907. The Crane Island Association platted a number of lots on the shores of the island and dedicated a commons area in the center of the island. The island had originally been a heron rookery until a storm blew down most of the trees in the center of the island in 1906. The island is now a historic district listed on the National Register of Historic Places.

President William Howard Taft made Lake Minnetonka his summer home in 1911, but business in the area had started going down again by that time. In 1926, most of the Express Boats were scuttled in deep water near the lake's Big Island. On October 26 of the same year, architect Frank Lloyd Wright was arrested for violating the Mann Act while vacationing at a cottage near the lake with a woman who would later become his wife.

Recreation


Lake Minnetonka is a popular for fishing, lake cruises, and sailing.

The lake contains black bullhead, black crappie, bluegill, bowfin, carp, green sunfish, hybrid sunfish, largemouth bass, muskellunge, northern pike, pumpkinseed, rock bass, walleye, white sucker, yellow bullhead, and yellow perch. Some fish consumption guideline restrictions have been placed on the lake's bluegill, carp, largemouth bass, northern pike, and walleye due to mercury contamination.

According to a popular legend, a sturgeon in excess of 10 feet in length has been sighted on more than one occasion in the lake. These sightings have persisted over the last 30 years. The sturgeon is often referred to as "Lou."

Geography


Gray's Bay Dam on the lake's east end helps to control the water level. This structure is also called the Headwaters Control Structure of Gray's Bay. The flow over the dam ranges from zero to 300 cu ft per second or a daily rate of up to 26 million gallons. Evaporation from Lake Minnetonka can be as high as 50 million US gallons a day. According the Minnehaha Creek Watershed District, annual evaporation from the lake is about 30 inches of water, or 11.5 billion US gallons. This is countered by an average rate of 28 inches of rainfall, and 20 inches of run off water.