Smithtown Bay: Lake Minnetonka Real Estate™

Smithtown Bay stands as a unique and desirable enclave on Lake Minnetonka, notable for being the only section that extends from Hennepin County into Carver County. Nestled in the city of Victoria, this bay is surrounded by South Upper Lake, Wawatosso Island, and lies in close proximity to Lake Virginia. Its rich history is highlighted by the William E. Smith and his brothers, early settlers who lent their name to the bay, marking it as a place of both historical significance and natural beauty. Homebuyers, boaters, and outdoor enthusiasts are drawn to Smithtown Bay for its serene environment and prime location, and the 110 acres of water and 1.20 miles of shoreline.

Why Choose Smithtown Bay?

Scenic beauty and lifestyle: Smithtown Bay offers a tranquil setting with depths reaching up to 80 feet, providing excellent opportunities for fishing, boating, kayaking, and paddleboarding. The bay's calm waters and picturesque surroundings make it a haven for those seeking a peaceful lakeside lifestyle.

Prime location and accessibility: The bay's strategic position offers easy access to major roadways such as Smithtown Road and proximity to town centers like Victoria and Shorewood, ensuring residents can enjoy both seclusion and convenience.

Notable nearby bays, islands, and points: Adjacent to Smithtown Bay are notable landmarks like Wawatosso Island and South Upper Lake, enhancing the area's appeal and offering additional exploration opportunities.

Water Quality & Clarity

Smithtown Bay is renowned for its clear, clean waters, attributed to its significant depth and natural springs. Seasonal variations are minimal, maintaining excellent water quality year-round. Local environmental reports and homeowner observations consistently note the bay's pristine condition, with ongoing conservation efforts ensuring the ecosystem's health. Occasional aquatic plant growth is managed effectively, preserving the bay's inviting waters.

Real Estate on Smithtown Bay – What to Expect

The real estate landscape around Smithtown Bay is diverse, featuring luxury estates, modern lakefront homes, and historic cottages. Desirable property features include private docks, expansive lakefront patios, wooded lots, and proximity to local amenities. The market is characterized by limited inventory and high demand, with properties often commanding premium prices due to the bay's exclusivity and natural beauty.

Schools and School District

The Smithtown Bay area is primarily served by the Eastern Carver County School District, known for its excellent educational programs and community involvement. Schools serving local families include: Victoria Elementary School, Chaska Middle School East, & Chanhassen High School. These schools are recognized for their strong academic performance and wide range of extracurricular activities, making the area highly desirable for families.

Buying or Selling on Smithtown Bay

For those considering buying or selling property on Smithtown Bay, now is an opportune time to engage with a trusted local expert. The area's unique blend of natural beauty, recreational opportunities, and community amenities ensures that properties here are highly sought after. 

In conclusion, Smithtown Bay on Lake Minnetonka presents a rare combination of historical significance, natural splendor, and modern convenience. Whether you're an avid boater, a nature enthusiast, or a family seeking a serene environment with top-tier educational opportunities, Smithtown Bay offers a compelling choice for your next home.

As a top Lake Minnetonka Realtor specializing in upper-bracket properties, I understand the nuances of this high-demand market and the unique attributes that make Smithown Bay an elite choice for luxury buyers. Whether you're seeking a legacy estate, a custom-built dream home, or a discreet off-market opportunity, my deep local expertise and network ensure you receive white-glove service and strategic market insight. Let’s explore what makes Smithtown Bay one of the premier addresses on Lake Minnetonka.

Latest listings on Smithtown Bay:

$3,998,000
ACTIVE Status ⋅ 7112986 MLS
An extraordinary opportunity to own one of Lake Minnetonka's most coveted waterfront properties in highly desirable Smithtown Bay. Situated on over one acre with approximately 140 feet of level, west-facing sandy lakeshore, this exceptional estate captures breathtaking sunset views and offers a rare combination of privacy, prestige, and potential. Whether you choose to enjoy the home as it stands today, reimagine and renovate it to suit your lifestyle, or take advantage of this irreplaceable setting to build your dream estate, the possibilities are truly endless. The generous lot, coveted shoreline, and premier location near Howard's Point Marina and within the award-winning Minnetonka School District make this a once-in-a-generation offering. Bring your imagination and be delightfully surprised by the incredible opportunity that awaits. This home has been virtually staged. Sold AS-IS.

28235 Boulder Cir, Shorewood

Listing courtesy of Coldwell Banker Realty.

$3,998,000
ACTIVE Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 7104458 MLS ⋅ 6,074 SqFt.
An extraordinary opportunity to own one of Lake Minnetonka's most coveted waterfront properties in highly desirable Smithtown Bay. Situated on over one acre with approximately 140 feet of level, west-facing sandy lakeshore, this exceptional estate captures breathtaking sunset views and offers a rare combination of privacy, prestige, and potential. Originally transformed through an expansive remodel by renowned architect Charles Stinson in 1994, the residence showcases architectural vision and quality craftsmanship throughout. A winding driveway and more than 400 feet of paver drive and walkways create a grand approach to the home, setting the stage for this remarkable lakefront retreat. Whether you choose to enjoy the home as it stands today, reimagine and renovate it to suit your lifestyle, or take advantage of this irreplaceable setting to build your dream estate, the possibilities are truly endless. The generous lot, coveted shoreline, and premier location near Howard's Point Marina and within the award-winning Minnetonka School District make this a once-in-a-generation offering. Bring your imagination and be delightfully surprised by the incredible opportunity that awaits. This home has been virtually staged. Sold AS-IS.

28235 Boulder Circle, Excelsior

Listing courtesy of Coldwell Banker Realty.

$3,395,000
INSPECTION Status ⋅ 5 Beds ⋅ 5 Baths ⋅ 7087528 MLS ⋅ 5,625 SqFt.
The ideal Lake Minnetonka residence offers 121 feet of pristine, hard-packed sandy shoreline on Smithtown Bay's deep, clear waters, featuring A-rated water quality and unobstructed panoramic views. Perfectly situated on a quiet cul-de-sac in the desirable Baycliffe neighborhood within the award-winning Minnetonka School District, this property provides privacy, natural beauty, and timeless lakefront living. Designed and built by Steiner & Koppleman, the custom brick-and-redwood home combines a refined aesthetic with an exceptional floor plan for everyday living and entertaining. Highlights include an updated gourmet eat-in kitchen with an adjacent hearth room, a sun-filled great room, formal living and dining rooms flanking a grand marble-floored foyer, a lakeside executive office, a mudroom with additional kitchen appliances, large screened porch, and expansive lakeside deck. The home features four fireplaces, thoughtfully placed in the hearth room, executive office, family room, and primary bedroom, creating warmth and ambiance throughout. An oversized, heated, three-plus-car garage and a whole-home generator complete the main-level amenities. The upper level includes three bedrooms, with a luxurious primary suite that has its own private screened porch and deck, and two additional bedrooms connected by a Jack-and-Jill bath. The walkout lower level features a family room with a wet bar, sauna, workout area, an additional bedroom with a built-in desk and bed, and a flexible room that, upon buyer request, will be converted to a fifth bedroom at the seller’s expense. The heavily wooded lot has been thoughtfully maintained to promote long-term tree growth while preserving stunning lake views. Professionally designed landscaping and hardscaping frame the home and shoreline, with permanent concrete steps leading to a lakeside patio with a fireplace, rip-rap shoreline, and sandy beach depending on lake levels. A 40-foot boathouse and dock complete the ultimate Lake Minnetonka lifestyle. An exceptional opportunity to own a private, timeless lakefront retreat in one of Lake Minnetonka’s most sought-after locations.

6306 Maple Ridge, Excelsior

Listing courtesy of Compass.

$4,235,000
CLOSED Status ⋅ 4 Beds ⋅ 6 Baths ⋅ 7055239 MLS ⋅ 6,105 SqFt.
Astounding 120 feet of Lakeshore opportunity! The epitome of craftsmanship and beauty with just under two acres of privacy and exquisite sweeping views of Lake Minnetonka. Enjoy amazing entertaining spaces both inside and out! Rare materials are used throughout this beautifully designed home. When winding up the wooded, curved driveway, a separate guest house greets you. This home represents a rare value at todays' costs to build. This stunning, lakefront estate is assigned to the Minnetonka school district. Please use navigation to direct you to this amazing property, there are no signs onsite. Feel free to contact us for a private showing.

6425 Virginia Drive, Excelsior

Listing courtesy of Coldwell Banker Realty.

$8,250,000
ACTIVE Status ⋅ 6 Beds ⋅ 7 Baths ⋅ 7021115 MLS ⋅ 8,297 SqFt.
Resting on the grounds of the original Van Dusen summer cottage on the shores of Lake Minnetonka, the Forever Estate blends French provincial charm with countryside cottage allure, creating a truly distinctive masterpiece designed to stand the test of time. Set within the private Baycliffe gated community, this remarkable 8,297-square-foot residence offers a harmonious balance of modern luxury and historic character. Encompassing 1.22 acres and boasting 210 feet of pristine sandy shoreline, the property presents unparalleled lakefront living with breathtaking views of the private cove adjacent to Smithtown Bay from nearly every vantage point. Every inch of this home has been meticulously crafted, featuring a seamless blend of natural materials like marble, black walnut flooring, and mother-of-pearl mosaics, while also incorporating the modern luxury of a fully integrated Savant smart home system. From the open and inviting great room with its 24-foot retractable glass wall to the gourmet kitchen adorned with honed marble and shimmering mother-of-pearl tile, no detail has been overlooked. Textiles and finishes have been thoughtfully curated to exude warmth and romance throughout. A stunning owner’s suite on the upper level showcases a private balcony with panoramic lake views, a dramatic tufted velvet wall, gas fireplace, and a luxurious ensuite with double steam showers, jetted tub, and a coffee bar. The suite leads to a walk-in closet featuring unparalleled organization systems. Other highlights include a glass-encased music and office space with coffered ceilings, a mirrored workout room, and an elevator providing access to all three levels. The exterior offers a seamless extension of the interior’s elegance, with a stately architectural design, a paver driveway with a fountain, and uplighting to enhance its grandeur. Resort-style amenities include a heated pool, hot tub, expansive patio, and a fully appointed pool house with fireplace and outdoor covered dining area—all perfectly positioned to capture the elevated lake views. With a 10+ car garage spanning three separate spaces, this estate provides unmatched functionality alongside its opulent design. Residents also enjoy exclusive community amenities such as tennis, pickleball, basketball courts, and shuffleboard. The Forever Estate is not just a home; it is a rare legacy property offering unparalleled luxury and a lifestyle of timeless elegance.

4750 Baycliffe Drive, Excelsior

Listing courtesy of Edina Realty, Inc..

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