Carman Bay: Lake Minnetonka Real Estate™

Carman Bay is a hidden gem located within Lake Minnetonka, offering a unique blend of tranquility and recreational opportunities that make it a sought-after destination for homebuyers, boaters, and outdoor enthusiasts alike. Situated in the city of Orono, this picturesque bay is conveniently accessible to nearby communities such as Wayzata and Excelsior, providing residents with both serene lakeside living and urban amenities.  

Introduction to Carman Bay

Carman Bay is a hidden gem nestled within Lake Minnetonka, offering a unique blend of tranquility and recreational opportunities that make it a sought-after destination for homebuyers, boaters, and outdoor enthusiasts alike.

Why Choose Carman Bay?  

Scenic Beauty and Lifestyle: Carman Bay boasts crystal-clear waters, earning an 'A' water quality rating from the Minnehaha Creek Watershed District. The calm waters are perfect for a variety of recreational activities, including fishing, kayaking, paddleboarding, and boating. The bay's serene environment offers a peaceful retreat from the more bustling areas of Lake Minnetonka, making it ideal for those seeking a balance between relaxation and adventure.  

Prime Location and Accessibility: Residents of Carman Bay enjoy easy access to major roadways such as County Road 19 and Shoreline Drive, facilitating convenient commutes to nearby town centers. The bay's proximity to the Narrows, which connects East Upper Lake and Old Channel Bay to Lafayette Bay and Lower Lake South, enhances its appeal to boating enthusiasts.  

Notable Nearby Bays, Islands, and Points: Carman Bay is adjacent to several points of interest, including Casco Point, Pelican Point, and Crescent Beach. Nearby islands such as Goose Island, Spray Island, and Shady Island offer additional recreational spots for residents and visitors.  

Water Quality & Clarity  

Carman Bay is renowned for its excellent water quality, with an 'A' rating from the Minnehaha Creek Watershed District. The bay reaches depths of over 40 feet, providing clear and clean waters ideal for various water-based activities. Ongoing conservation efforts by local authorities and residents ensure the preservation of the bay's pristine condition, making it a desirable location for those who value environmental quality.  

Real Estate on Carman Bay – What to Expect  

The real estate market in Carman Bay is highly competitive, characterized by limited inventory and high demand for lakefront properties. Homes in this area range from charming historic cabins to luxurious modern estates, many featuring desirable amenities such as private docks, expansive lakefront patios, and wooded lots that offer privacy and scenic beauty. Recent listings include properties like a custom-built walkout rambler with 90 feet of private shoreline, reflecting the premium nature of real estate in this coveted location.  

Schools and School District  

Carman Bay falls within the boundaries of the Westonka School District (#277), which is known for its commitment to academic excellence and community involvement. Families residing in this area have access to highly regarded educational institutions, including Hilltop Primary School, Grandview Middle School, and Mound Westonka High School. The district's strong emphasis on student achievement and comprehensive extracurricular programs make it an attractive choice for families considering relocation to Carman Bay.  

Buying or Selling on Carman Bay  

If you're considering making Carman Bay your home, now is the perfect time to explore the available listings in this exclusive area. For homeowners looking to sell, partnering with a trusted local expert can help maximize your property's value in this competitive market. Feel free to reach out with any questions or to schedule a private viewing—I'm here to guide you through every step of your real estate journey on Lake Minnetonka.  

Explore more about the surrounding areas:  

  • Casco Point: Discover the charm of this prominent land feature adjoining Carman Bay.
  • Pelican Point: Learn about this nearby point of interest offering scenic views and recreational opportunities.
  • Goose Island: Find out what makes this island a favorite spot for locals and visitors alike.
  • Spray Island: Uncover the attractions of this secluded island near Carman Bay.
  • Shady Island: Explore the natural beauty and activities available on Shady Island.  


Each of these locations offers unique experiences that contribute to the rich tapestry of life on Lake Minnetonka.  

Embracing the serene lifestyle of Carman Bay means enjoying the perfect blend of natural beauty, recreational opportunities, and convenient access to urban amenities. Whether you're an outdoor enthusiast, a boating aficionado, or someone seeking a peaceful lakeside retreat, Carman Bay has something special to offer. Experience the unparalleled charm of this Lake Minnetonka treasure and make it your own.

Latest listings on Carman Bay:

$1,799,000
ACTIVE Status ⋅ 7115014 MLS
Exceptional Lake Minnetonka homesite offering 410 feet of prime shoreline on East Upper Lake. Ideally positioned in a quiet harbor in Orono, this 1.45-acre setting provides a rare blend of tranquility, privacy, and a central lake location. An older home is located on the property, but the value is in the land. Open to all builders! Enjoy access to the lifestyle and amenities of both downtown Excelsior and Wayzata. Located in the Westonka School District. The Dakota and Minnetonka regional trails are just minutes away. Please do not enter the property without an appointment.

2685 Shadywood Road, Excelsior

Listing courtesy of Lakes Sotheby's International.

$1,799,000
ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7115008 MLS ⋅ 4,269 SqFt.
Exceptional Lake Minnetonka homesite offering 410 feet of prime shoreline on East Upper Lake. Ideally positioned in a quiet harbor in Orono, this 1.45-acre setting provides a rare blend of tranquility, privacy, and a central lake location. Remodel this older three bedroom, three-bathroom one story home and boat house, or build new. Open to all builders! Enjoy access to the lifestyle and amenities of both downtown Excelsior and Wayzata. Located in the Westonka School District. The Dakota and Minnetonka regional trails are just minutes away. Please do not enter the property without an appointment.

2685 Shadywood Road, Excelsior

Listing courtesy of Lakes Sotheby's International.

$3,200,000
CLOSED Status ⋅ 7108498 MLS
Set on Casco Point with 155 feet of rip-rap shoreline along Carmans Bay, this 1.1-acre parcel is a true blank canvas on the water. More to come!

3700 Casco Avenue, Wayzata

Listing courtesy of .

$1,201,000
CLOSED Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7072044 MLS ⋅ 2,201 SqFt.
Welcome to Kelly Cove - a true Lake Minnetonka gem! This corner unit townhome is the largest of the 4 townhomes in this private and serene community that offers an "up north" retreat lake lifestyle that is rare on Lake Minnetonka at this compelling price point. Perfectly nestled on over 2 acres of park like grounds with mature trees, glorious perennial gardens and breathtaking sunsets and 240 feet of lakeshore; this 3 bedroom townhome offers the best of all worlds. An updated home with jaw dropping sunset views, 2 fireplaces, wonderful multi tiered lakeside deck, and an expansive four season porch that will immediately conjure up emotions of "by gone" days at the lake with its historic refurbished bar, long sunset views over the private lagoon that is known for its great fishing and the convenience of your private 32 foot permanent dock with shore power offering quick boating access to A rated Carmens Bay and beyond. Recent updates include new HVAC, deck restoration, new water heater, new landscaping and concrete entry stairs, new carpet, new dishwasher , new dryer, kitchen updates; multiple improvements to create a meticulous and welcoming home.This private oasis is perfectly balanced with the convenience of strolling through the gate to grab a bite to eat at the Narrows or the Lake room, grabbing coffee and groceries at Lunds or frequenting the other businesses in Navarre. A perfect combination that makes the lake life easy and memorable.

2497 Kelly Avenue, Excelsior

Listing courtesy of Compass.

$1,910,000
CLOSED Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7054402 MLS ⋅ 3,822 SqFt.
Quiet tucked away neighborhood on Carman's Bay. Great location to all parts of Lake Minnetonka. Near shopping and restaurants. Gently sloping walkout lot. Great open floor plan. Permanent covered 18 x 32 dock slip. Oversize garage with attic storage and pull down ladder.

2707 Walters Port Lane, Orono

Listing courtesy of Coldwell Banker Realty.

$6,289,600
CLOSED Status ⋅ 5 Beds ⋅ 6 Baths ⋅ 6803451 MLS ⋅ 8,691 SqFt.
Lake Minnetonka Lakeshore! Classic, coastal-style home with coffered ceilings, layers of enameled woodwork and walls of glass showcasing stunning views from nearly every room. Custom Stonewood build features an open concept main floor with center island kitchen and a great room opening to large, covered porch with phantom screens and outdoor cooking. Sneak away to the lakeside sunroom or the richly appointed study. Upper-level features primary suite with fireplace and luxury bath, three additional bedrooms and an exercise room. Escape to an inspirational art/crafting studio – which could also serve as a separate apartment space. Walkout lower-level features custom bar/billiard area, family room with fireplace and the fifth bedroom. Step out to the expansive screened patio with fireplace opening to the sprawling level lawn and miles of southerly views of Lake Minnetonka. Picture-perfect lakefront with crystal clear water, hard sand bottom, and charming boathouse on the shore. Long list of extra amenities including geothermal heating and cooling, large lower-level space for storage or future gym and an elevator serving all three floors. Prime location, minutes to downtown Excelsior and Wayzata, close to restaurants, shopping, multiple trails and parks.

2789 Pheasant Road, Orono

Listing courtesy of Coldwell Banker Realty.

$3,828,657
CLOSED Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 6672077 MLS ⋅ 3,761 SqFt.
Welcome to 3233 Casco Circle, a stunning lakeshore property that offers the perfect canvas to build your dream home with Wooddale Builders. Whether you envision a luxurious main-level living rambler or a two-story walkout, this property can accommodate many possibilities. Photos reference a previous model but buyers can build to suit!

3233 Casco Circle, Wayzata

Listing courtesy of Compass.

$2,100,000
CLOSED Status ⋅ 5 Beds ⋅ 4 Baths ⋅ 6658360 MLS ⋅ 4,223 SqFt.
Introducing an exceptional custom-built walkout rambler on the serene shores of Lake Minnetonka, offering the ultimate lakeside lifestyle. Set on nearly an acre with 90 feet of private shoreline, a private dock, and a slip, this new construction offers an exclusive opportunity for waterfront living. Located on a quiet inlet off Carman Bay, renowned for its crystal-clear waters, the home strikes a perfect balance of tranquility and recreational potential. Designed for seamless living and entertaining, the open-concept main level boasts a chef-inspired gourmet kitchen with high-end appliances, custom cabinetry, and a large island, all flowing into the vaulted living room with a gas fireplace. Stunning lake views from this space make it the ideal place to relax or host guests. The main floor also features a private office and a luxurious primary suite with panoramic views, a spa-like bath, and a walk-in closet — a true retreat. The walkout lower level offers three spacious bedrooms, each with ample closet space, plus a cozy family room with a fireplace. The wet bar adds convenience for entertaining, while the recreational space is perfect for billiards or ping pong. A fully equipped home gym and sauna create an oasis for wellness. The flat backyard extends to the water’s edge, offering direct lake access and a firepit for evening gatherings by the water. Whether launching a boat, enjoying sunset views, or relaxing lakeside, the outdoor spaces are designed to integrate seamlessly with the natural beauty of the surroundings. Carman Bay’s peaceful waters are perfect for water sports, and nearby trails and parks offer opportunities to explore nature. Just minutes from the vibrant communities of Spring Park, Wayzata, and Excelsior, this home provides easy access to dining, shopping, and entertainment. This is a rare chance to own a custom-designed lakefront home on one of Minnesota’s most sought-after lakes. Experience unmatched lakeside living!

2670 Pheasant Road, Excelsior

Listing courtesy of Edina Realty, Inc..

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