Homes for Sale in Greenwood, MN
Minnesota's Most Private Lake Estate Community
Greenwood, Minnesota is among the most exclusive and private residential communities in the entire state — a small city on Lake Minnetonka's south shore where privacy, estate living, and direct lake access define every p…
Greenwood Housing Market Stats
Current market snapshot — updated regularly by The PRO Team
Median Home Price
$1,150,000
Median, all home types
Avg Days on Market
42 days
Median across all home types
Active Listings
5+
Current available homes
Price Per Sq Ft
$395
Median single-family
Market Trends — Greenwood
Greenwood has appreciated 6.5% annually — the strongest consistent appreciation rate on the lake, driven by its extreme inventory scarcity and irreplaceable prestige positioning.
* 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 Greenwood, MN — What You Need to Know
Greenwood, Minnesota is among the most exclusive and private residential communities in the entire state — a small city on Lake Minnetonka's south shore where privacy, estate living, and direct lake access define every property. With fewer than 800 residents, Greenwood is not a community you find by searching Zillow — it's a community you discover through connections. Real estate here is almost entirely luxury lakefront estate properties, many with multi-generational family ownership. When a Greenwood property does become available, it represents a rare opportunity to access one of Minnesota's most coveted lake addresses.
Who Buys & Sells in Greenwood?
Understanding the Greenwood buyer and seller profile helps you position your transaction for success.
The Greenwood Buyer
Greenwood attracts the highest echelon of Twin Cities real estate buyers — individuals for whom privacy, prestige, and lake access are non-negotiable. The community is home to prominent business leaders and families who have chosen the lake's most exclusive address.
Search Greenwood HomesThe Greenwood Seller
Greenwood sellers operate in the most exclusive segment of the Lake Minnetonka market. Confidential marketing strategies and direct buyer relationships are often employed. The PRO Team's luxury network is essential for maximizing outcomes in this market.
Get Your Greenwood Home ValueTypes of Homes Found in Greenwood
Luxury & Waterfront Opportunities in Greenwood
Virtually every property in Greenwood has direct access to Lake Minnetonka. The community's small size (under 800 residents) means each estate is truly a one-of-a-kind lakefront asset. Price points range from $1.5M to $7M+.
$1M+
Luxury Threshold
+6.5%
Market Appreciation
$395
Price Per Sq Ft
42 days
Avg Days on Market
Find Your Lake Home in Greenwood
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 Greenwood. Many of the best lake properties never appear on Zillow.
- Greenwood lakefront & lake-access listings
- Private dock and shoreline guidance
- Off-market lake estate access
- Bay vs. open water — we know the difference
"The PRO Team's knowledge of the Greenwood market is unmatched. They got us $42,000 over asking."
— Verified Greenwood client
Greenwood Neighborhood Guide
Buyers who understand Greenwood's neighborhood landscape make better offers and have fewer surprises after closing.
Greenwood Lakefront Estates
$1.8M – $7M+Premier direct Lake Minnetonka frontage — private estates on generous lots with maximum water exposure.
View Homes in Greenwood Lakefront EstatesGreenwood Lake Access
$900K – $1.8MNear-lake properties with association or deeded lake access on one of the lake's quietest shores.
View Homes in Greenwood Lake AccessGreenwood School District Information
School quality is one of the top factors driving home values in Greenwood — here's the complete picture buyers need before making an offer.
Minnetonka School District 276
DistrictGreenwood is served by the highly-rated Minnetonka ISD 276.
Minnetonka High School
High SchoolNationally recognized high school serving the community.
Source: GreatSchools & MN Dept. of Education · Reviewed Q2 2026 · Data sources & methodology
Local Amenities
What makes Greenwood a great place to live every day.
🌊 Lake Minnetonka
- Direct lake access from most estates
- Private docks and boathouses
- Pristine southern shore water quality
🌲 Privacy & Exclusivity
- Wooded private lots
- Limited through-traffic
- One of MN's smallest incorporated cities
🏘️ Nearby Amenities
- Excelsior dining (10 min)
- Minnetonka & Wayzata attractions nearby
🚗 Transportation
- Hwy 7 corridor
- 30 min to Minneapolis
All Greenwood MLS Listings
Browse every active home for sale in Greenwood — single-family, condos, townhomes, and new construction.
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Draw your ideal search area in Greenwood on a live map and explore homes with satellite view.
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Search NowWhy Work With The PRO Team in Greenwood?
We don't just know real estate — we know Greenwood. Our hyperlocal expertise means better outcomes for buyers and sellers.
Greenwood Market Experts
Our team combines current Greenwood 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 Greenwood 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.
Explore Greenwood In Depth
Detailed guides on every aspect of living and buying in Greenwood — market trends, neighborhoods, schools, commute, and more.
Helpful Resources for Greenwood Buyers & Sellers
Ready to Buy or Sell in Greenwood?
Whether you're searching for your dream home in Greenwood 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 Greenwood market analysis
- Access to off-market and coming-soon listings
- Expert negotiation on your behalf
- Concierge support from start to close
Connect with a Greenwood Expert
Share your timeline and priorities and we'll put together a personalized plan.
Frequently Asked Questions — Greenwood Real Estate
These are the questions that matter most when evaluating Greenwood real estate.
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