Hennepin County, Minnesota
Luxury MarketLake LifestyleEstate & Acreage

Homes for Sale in Deephaven, MN

Secluded Lakeside Serenity

Deephaven is one of Lake Minnetonka's quieter treasures — a small, residential city that offers exceptional privacy, wooded lots, and direct lake access without the commercial bustle of some neighboring communities. Know…

Deephaven Housing Market Stats

Current market snapshot — updated regularly by The PRO Team

+5.1% Year-Over-Year

Median Home Price

$1,095,000

Median, all home types

Avg Days on Market

28 days

Median across all home types

Active Listings

9+

Current available homes

Price Per Sq Ft

$312

Median single-family

Market Trends — Deephaven

Deephaven has appreciated 5.1% annually. Lakefront properties have significantly outpaced off-lake homes, with the premium for private shoreline expanding each year as lake inventory tightens.

* Market data is for informational purposes. Contact The PRO Team for a real-time market analysis specific to your needs.

Source: Regional MLS activity & county property records · Reviewed Q2 2026 · Data sources & methodology

Living in Deephaven, MN — What You Need to Know

Deephaven is one of Lake Minnetonka's quieter treasures — a small, residential city that offers exceptional privacy, wooded lots, and direct lake access without the commercial bustle of some neighboring communities. Known for its serene atmosphere, beautiful natural surroundings, and strong property values, Deephaven attracts buyers who prioritize tranquility, nature, and access to the lake.

Who Buys & Sells in Deephaven?

Understanding the Deephaven buyer and seller profile helps you position your transaction for success.

The Deephaven Buyer

Deephaven attracts buyers who prioritize privacy and natural beauty over walkability — often families and couples from Minneapolis or other lake communities who want quieter, more secluded lakeside living while remaining in a top school district.

Search Deephaven Homes

The Deephaven Seller

Deephaven sellers benefit from the community's scarcity premium — with only 9 active listings at any given time, well-prepared properties draw motivated buyers quickly. Wooded privacy and lake access are the primary value drivers.

Get Your Deephaven Home Value

Types of Homes Found in Deephaven

Lake cottages renovated to luxury estates
Contemporary lakefront homes
Wooded private estates
Large lot single-family homes
Architecturally significant custom builds
Luxury & Waterfront

Luxury & Waterfront Opportunities in Deephaven

Carson's Bay and Northome Road corridor properties represent Deephaven's lakefront elite — private, wooded estates ranging from $1.5M to $5M+ with exceptional privacy and deep-water dock access.

$1M+

Luxury Threshold

+5.1%

Market Appreciation

$312

Price Per Sq Ft

28 days

Avg Days on Market

Lake Minnetonka Expert

Find Your Lake Home in Deephaven

Lake Minnetonka access, private docks, and lakefront estates — The PRO Team knows every bay, every price tier, and every opportunity on the water in and around Deephaven. Many of the best lake properties never appear on Zillow.

  • Deephaven lakefront & lake-access listings
  • Private dock and shoreline guidance
  • Off-market lake estate access
  • Bay vs. open water — we know the difference

Get a local consultation based on your goals, property details, and current comparable-market information.

612-888-6127 · Same-day response

Deephaven Neighborhood Guide

Buyers who understand Deephaven's neighborhood landscape make better offers and have fewer surprises after closing.

Carsons Bay

$1.5M – $5M+

Premier lakefront neighborhood with exceptional Lake Minnetonka access and private wooded lots.

View Homes in Carsons Bay

Knollwood Point

$800K – $1.8M

Quiet residential enclave with a mix of updated homes and new construction on generous lots.

View Homes in Knollwood Point

Cottagewood

$700K – $1.5M

Charming older neighborhood characterized by seasonal cottages converted to year-round luxury residences.

View Homes in Cottagewood

Northome Road Corridor

$1M – $3M

Tree-lined streets with some of Deephaven's most architecturally distinctive estate homes.

View Homes in Northome Road Corridor

Featured Deephaven Neighborhoods — In Depth

Explore dedicated pages for Deephaven's most distinctive neighborhoods — local character, home styles, price ranges, schools, and lifestyle at the street level.

Deephaven School District Information

The schools serving Deephaven rank among Minnesota's finest. Here's the full breakdown by level and rating.

Minnetonka School District 276

District

Deephaven is served by the highly-rated Minnetonka ISD 276 with exceptional academic and extracurricular programming.

9/10

Deephaven Elementary

Elementary

Beloved K-5 school known for personalized learning and a strong community connection.

9/10

Minnetonka High School

High School

Nationally recognized high school serving the community.

10/10

Source: GreatSchools & MN Dept. of Education · Reviewed Q2 2026 · Data sources & methodology

Local Amenities

What makes Deephaven a great place to live every day.

🌊 Lake Access

  • Multiple Lake Minnetonka access points
  • Private shoreline on many properties
  • Deephaven Beach

🌲 Nature

  • Minnetonka Conservation District trails
  • Wooded neighborhood paths
  • Native shoreline areas

🏘️ Community

  • Deephaven Park
  • Community events
  • Proximity to Excelsior dining

🚗 Transportation

  • Easy Hwy 7 access
  • 25 minutes to Minneapolis

Why Work With The PRO Team in Deephaven?

We don't just know real estate — we know Deephaven. Our hyperlocal expertise means better outcomes for buyers and sellers.

Deephaven Market Experts

Our team combines current Deephaven market data with neighborhood-level guidance for buyers and sellers.

5-Star Rated Service

Consistently rated 5 stars by our clients for communication, negotiation, and results. We prioritize your goals above all else.

Proven Results

Our listings sell for an average of 101% of asking price. Buyers we represent regularly secure homes below list in competitive markets.

Full-Service Team

From buyer specialists to luxury listing experts, our team covers every price point and every type of transaction in the Twin Cities.

School District Guidance

We understand the school district boundaries in Deephaven and help families navigate them to find homes in their preferred schools.

Always Accessible

We answer calls, texts, and emails 7 days a week. Real estate moves fast — so do we.

Deep Dive

Explore Deephaven In Depth

Detailed guides on every aspect of living and buying in Deephaven — market trends, neighborhoods, schools, commute, and more.

Ready to Buy or Sell in Deephaven?

Whether you're searching for your dream home in Deephaven or ready to list your property for top dollar, The PRO Team is here to guide you every step of the way. Let's start with a free, no-obligation consultation.

  • Free Deephaven market analysis
  • Access to off-market and coming-soon listings
  • Expert negotiation on your behalf
  • Concierge support from start to close
612-888-6127

Connect with a Deephaven Expert

Share your timeline and priorities and we'll put together a personalized plan.

Frequently Asked Questions — Deephaven Real Estate

The PRO Team answers common Deephaven real estate questions with current local context — here's what you need to know.

Explore Nearby Communities

Also considering other areas near Deephaven? Explore these nearby Twin Cities communities.

Lake Minnetonka Expert

Deephaven Lake Homes

$1.17B Reported Team Sales

2017–2025 · owner-attested

3,483 Reported Transactions

2017–2025 · unique properties