Deephaven Neighborhood Guide
Deephaven is made up of distinct neighborhoods — each with its own character, price range, and lifestyle. Here's a complete breakdown to help you find the right fit.
Carsons Bay
$1.5M – $5M+Premier lakefront neighborhood with exceptional Lake Minnetonka access and private wooded lots.
Knollwood Point
$800K – $1.8MQuiet residential enclave with a mix of updated homes and new construction on generous lots.
Cottagewood
$700K – $1.5MCharming older neighborhood characterized by seasonal cottages converted to year-round luxury residences.
Northome Road Corridor
$1M – $3MTree-lined streets with some of Deephaven's most architecturally distinctive estate homes.
How to Choose the Right Deephaven Neighborhood
- Consider which school district boundaries matter most for your family
- Factor in daily commute routes — some neighborhoods have significantly easier highway access
- Evaluate the walkability and proximity to parks, trails, and daily errands
- If lake access matters, focus on Deephaven's lake-adjacent neighborhoods
- Think long-term: neighborhoods with recent investment and infrastructure upgrades appreciate faster
- Talk to The PRO Team — we know micro-level differences that no website can capture
Frequently Asked Questions
Common questions about Deephaven neighborhoods guide from buyers and sellers.
What is Carsons Bay like as a neighborhood in Deephaven?
Carsons Bay is Premier lakefront neighborhood with exceptional Lake Minnetonka access and private wooded lots. Home prices in this area range from $1.5M – $5M+. It's a strong consideration for buyers whose priorities align with the neighborhood's character and price point. The PRO Team can arrange showings and provide a street-level perspective on this area.
What is Knollwood Point like as a neighborhood in Deephaven?
Knollwood Point is Quiet residential enclave with a mix of updated homes and new construction on generous lots. Home prices in this area range from $800K – $1.8M. It's a strong consideration for buyers whose priorities align with the neighborhood's character and price point. The PRO Team can arrange showings and provide a street-level perspective on this area.
What is Cottagewood like as a neighborhood in Deephaven?
Cottagewood is Charming older neighborhood characterized by seasonal cottages converted to year-round luxury residences. Home prices in this area range from $700K – $1.5M. It's a strong consideration for buyers whose priorities align with the neighborhood's character and price point. The PRO Team can arrange showings and provide a street-level perspective on this area.
What is Northome Road Corridor like as a neighborhood in Deephaven?
Northome Road Corridor is Tree-lined streets with some of Deephaven's most architecturally distinctive estate homes. Home prices in this area range from $1M – $3M. It's a strong consideration for buyers whose priorities align with the neighborhood's character and price point. The PRO Team can arrange showings and provide a street-level perspective on this area.
Which Deephaven neighborhood has the best value?
"Best value" depends heavily on what you're optimizing for — lot size, school assignment, proximity to parks or lakes, or price-per-square-foot. In Deephaven, the most discussed value plays include Cottagewood and Northome Road Corridor. The PRO Team specializes in helping buyers identify where their budget goes furthest in any Deephaven neighborhood.
Ready to Find Your Home in Deephaven?
The PRO Team at RE/MAX RESULTS helps buyers compare homes and neighborhoods in Deephaven, understand local pricing, and prepare a competitive offer strategy.
- Full MLS access for all Deephaven listings
- Off-market and pre-market opportunities
- Expert neighborhood & school guidance
- Negotiation that wins in competitive markets
Get a local consultation based on your goals, property details, and current comparable-market information.
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