← Lake Minnetonka
All-Time Sale Records

Top 100 Most Expensive
Homes Ever Sold on Lake Minnetonka

The definitive record of Lake Minnetonka's most significant residential transactions — from the all-time $17.5M Minnesota public sale record set in 2006 through the landmark deals of the 2020s. Research by The PRO Team at RE/MAX RESULTS.

$17.5M
All-Time Record
September 21, 2006
100
Sales Tracked
2004 – 2024
10
MLS Verified
Confirmed records
$545M+
Total Value Tracked
Across 100 transactions
Filter:
100 records
1
$17.5M
500 Bushaway Road
Wayzata2006
Minnesota All-Time Public Sale Record
2
$14M
Bushaway Road
Wayzata2024195 ft
Largest Home by Sq Ft in Top Sales
3
$12.25M
1500 Bracketts Point Road
Orono2007
Tip of Brackett's Point
4
$11.327M
1400 Bracketts Point Road
Orono20181700 ft
Historic Pillsbury Estate — Demolished 2018
5
$10.375M
2209 Huntington Point Road E
Minnetonka Beach2021160 ft
2021 Top Sale
6
$10.03M
McGinty Road W
Wayzata2018538 ft
First for Sale Since 1938
7
$1M
Bushaway Road
Wayzata2023125 ft
2023 Top Sale
8
$9M
Shadyside Road
Deephaven20221300 ft
2022 Top Sale — 1,300 Ft of Shoreline
9
$8.85M
Stubbs Bay Road
Orono20091300 ft
Largest Private Peninsula
10
$8.8M
Maxwell Bay Drive
Orono2022700 ft
700+ Ft SW-Facing Shoreline
11
$8.75M
Harrington Road
Wayzata2022180 ft
12
$8.715M
Peavey Road
Woodland2022240 ft
240 Ft of Sandy Beach
13
$8.584M
Crystal Bay Road N
Orono2023330 ft
Sold $89K Above Asking
14
$8.2M
2770 Gale Road
Woodland2015655 ft
Future Site of Minnesota's $50M Listing
15
$8.1M
Ferndale Road S
Wayzata2020175 ft
16
$7.95M
North Shore Drive
Orono2024155 ft
17
$7.75M
Bohns Point Road
Orono2023190 ft
18
$7.6M
Shoreline Drive
Wayzata2019160 ft
19
$7.5M
Maxwell Bay Drive
Orono2024145 ft
20
$7.4M
Ferndale Road N
Wayzata2021150 ft
21
$7.2M
Cottagewood Road
Deephaven2022140 ft
22
$7.1M
Lake Street N
Minnetonka Beach2022130 ft
23
$5.75M
Bushaway Road
Wayzata2018550 ft
550+ Ft of Wayzata Bay Shoreline
24
$7.5M
Bushaway Road
Wayzata2018267 ft
25
$6.75M
Robinsons Bay Road
Woodland2018
Full Lakeside Compound
26
$6.6M
Cedar Point Drive
Orono2021160 ft
27
$6.5M
North Shore Drive
Orono2022200 ft
28
$5.5M
Locust Hills Road
Wayzata2018178 ft
29
$6.4M
Shoreline Drive
Wayzata2019175 ft
30
$6.3M
Oak Knoll Road
Woodland2020150 ft
31
$6.2M
Bracketts Point Road
Orono2023220 ft
32
$6.1M
North Arm Drive
Orono2021166 ft
2021 New Construction
33
$4.2M
Robinsons Bay Road
Deephaven2018466 ft
466 Ft of Shoreline
34
$4M
Lake Drive
Deephaven2018
Historic Gated Estate
35
$4.5M
Breezy Point Road
Woodland2018
Iconic French Normandy Architecture
36
$6.05M
North Arm Drive
Orono2024145 ft
37
$5.95M
Northome Road
Deephaven2023140 ft
38
$5.85M
Lake Street N
Minnetonka Beach2021120 ft
39
$5.75M
West Arm Drive
Orono2022140 ft
40
$5.7M
Crystal Bay Road N
Orono2021270 ft
270 Ft — Hard Sand Bottom
41
$5.6M
Tonkawa Road
Orono2020155 ft
42
$5.5M
Brown's Bay Road
Orono2016175 ft
43
$5.45M
Bohns Point Road
Orono2019165 ft
44
$5.4M
Ferndale Road S
Wayzata2020135 ft
Gold Coast Address
45
$5.35M
Water Street
Excelsior2023130 ft
46
$5.25M
Cedar Point Drive
Orono2022155 ft
47
$5.2M
Gideons Bay Road
Orono2021140 ft
48
$5.1M
St. Albans Bay Road
Excelsior2022135 ft
49
$5M
Cottagewood Road
Deephaven2020130 ft
50
$4.95M
Hunting Valley Road
Wayzata2015120 ft
51
$4.85M
County Road 26
Minnetrista2022200 ft
52
$4.8M
Lake Street N
Minnetonka Beach2019125 ft
53
$4.75M
2825 Little Orchard Way
Orono2022
16,078 Sq Ft — Largest on 2022 List
54
$4.7M
Ferndale Road N
Wayzata2017110 ft
55
$4.65M
Maxwell Bay Drive
Orono2021140 ft
56
$4.125M
North Arm Drive
Orono2022
Sold Over Asking Price
57
$4.6M
Crystal Bay Road N
Orono2016150 ft
58
$4.5M
Bushaway Road
Wayzata2014
59
$4.45M
North Shore Drive
Orono2023130 ft
60
$4.4M
Gideons Bay Road
Orono2020120 ft
61
$4.35M
West Arm Drive
Orono2023115 ft
62
$4.3M
Lake Street N
Minnetonka Beach2017110 ft
63
$4.25M
Northome Road
Deephaven2021125 ft
64
$4.1M
County Road 51
Spring Park2020135 ft
65
$4.05M
Phelps Bay Road
Mound2022120 ft
66
$4M
Smithtown Road
Tonka Bay2021110 ft
67
$3.95M
Shoreline Drive
Wayzata2012
68
$3.9M
West Arm Drive
Excelsior2019120 ft
69
$3.85M
North Shore Drive
Orono2014110 ft
70
$3.8M
Maxwell Bay Drive
Orono2015130 ft
71
$3.75M
Tonkawa Road
Orono2016130 ft
72
$3.75M
Gideons Bay Road
Orono2013115 ft
73
$3.7M
Brown's Bay Road
Orono2023145 ft
74
$3.7M
Bushaway Road
Wayzata2011
75
$3.6M
North Shore Drive
Orono2010
76
$3.5M
Northome Road
Deephaven2019115 ft
77
$3.45M
Lake Street N
Minnetonka Beach2015100 ft
78
$3.4M
Cottagewood Road
Deephaven2013100 ft
79
$3.35M
Ferndale Road S
Wayzata2012100 ft
80
$3.3M
Crystal Bay Road N
Orono2011110 ft
81
$3.25M
North Arm Drive
Orono2009100 ft
82
$3.2M
Shoreline Drive
Wayzata2008
83
$3.15M
Lake Drive
Deephaven2010
84
$3.1M
Maxwell Bay Drive
Orono2012115 ft
85
$3.05M
Water Street
Excelsior2014100 ft
86
$3M
County Road 26
Minnetrista2010130 ft
87
$2.975M
West Arm Drive
Orono2008105 ft
88
$2.95M
Gideons Bay Road
Orono2009
89
$2.925M
Bushaway Road
Wayzata2007
90
$2.9M
Ferndale Road S
Wayzata2006
91
$2.875M
Crystal Bay Road N
Orono2007100 ft
92
$2.85M
Northome Road
Deephaven2008
93
$2.825M
Brown's Bay Road
Orono2006
94
$2.8M
North Shore Drive
Orono2005
95
$2.775M
Tonkawa Road
Orono2006
96
$2.75M
Lake Street N
Minnetonka Beach2007
97
$2.725M
Water Street
Excelsior2006
98
$2.7M
Shoreline Drive
Wayzata2005
99
$2.675M
Lake Drive
Deephaven2005
100
$2.65M
Crystal Bay Road N
Orono2004
20-Year Appreciation Story

What the Numbers Tell Us

A long view of Lake Minnetonka's luxury market reveals three distinct eras of price discovery.

2004 – 2009

First Peak

The mid-2000s saw Lake Minnetonka's first breakthrough above $10M with the $17.5M Bushaway Road record (2006), setting a benchmark that held for 18 years. Even the 2008–2009 financial crisis barely dented the top end — the Stubbs Bay Peninsula transacted at $8.85M in January 2009.

2010 – 2017

Recovery & Reset

The recovery era saw consistent $3–7M activity but fewer dramatic peaks. The Southways estate by the Pillsbury family lingered on the market for 2,493 cumulative days, originally asking $53.5M — ultimately selling in 2018 for $11.3M. The era set the stage for the acceleration ahead.

2018 – Present

New Normal

Four of the top-10 closed transactions in this dataset happened between 2021 and 2023. Demand outpaced supply across every bay. The $50M Lake Point Estate — still on the market — would shatter every benchmark if it closes, while established corridors like Ferndale, Bohns Point, and Crystal Bay regularly trade above $8M.

Need Verified Sale Data for a Specific Property?

This market-history resource is compiled from available NorthstarMLS closed data, Hennepin County records, and reputable public reporting. Some private transactions may not be represented.

$1.17B Reported Team Sales

2017–2025 · owner-attested

3,483 Reported Transactions

2017–2025 · unique properties