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Grays Bay Lake Minnetonka Homes for Sale

Grays Bay in Minnetonka, Minnesota is one of the bodies of water that connects to and is an integral part of Lake Minnetonka.

Another notable point of interest includes the the Grays Bay Dam which is operated by the Minnehaha Creek Watershed District to regulate the outflow of water from the lake and subsequently have some control over the level of the lake. The dam operates as the headwaters of the Minnehaha Creek and flows into the Mississippi River and eventually the Gulf of Mexico.

During summer, a wake restriction is typically in effect calling for calm waters. Libbs Lake is also connected via a channel on the south east side.

The Grays Bay Bridge and Causeway are significant landmarks for residents and visitors and provide some of the best views of Wayzata Bay and Grays Bay when traveling by motor vehicle. Grays Bay is also home to the Grays Bay boat landing which is easily one of the biggest, best and busiest on the Lake.

Notable real estate includes the Locust Hills Development on the northwest shore, Bantas Point Road, Crosby Cove, and Grays Bay Boulevard. If you are thinking of buying or selling in the Grays Bay Area of Lake Minnetonka, feel free call, text or click to get a concierge style response from Dan Gustafson and the network of agents at Coldwell Banker Burnet in Wayzata.

Grays Bay

16547 Grays Bay Boulevard, Minnetonka image
16547 Grays Bay Boulevard, Minnetonka $995,000

This beautiful colonial two story home is set on a half-acre lot in a highly sought after Minnetonka neighborhood. Picturesque backyard views to Minnehaha Creek. Large ma...

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  • 4 Beds
  • 3 Baths
  • 6339925 MLS
Courtesy of RE/MAX Results

Listing courtesy of RE/MAX Results.

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16183 Crosby Cove Road, Minnetonka image
16183 Crosby Cove Road, Minnetonka $3,195,000

Experience the best of Twin Cities living in this stunning Denali-built custom 6,000 sq ft 6BR, 6BA home located on Lake Minnetonka. Situated in the upper bracket Crosby ...

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  • 6 Beds
  • 6 Baths
  • 6332509 MLS
Courtesy of Compass

Listing courtesy of Compass.

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16624 Grays Bay Boulevard, Minnetonka image
16624 Grays Bay Boulevard, Minnetonka $5,150,000

Clean sophisticated lines highlight dramatic westerly views over Lake Minnetonka. 142 feet of pristine sandy shoreline sets the scene for whatever your Minnesota desires ...

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  • 4 Beds
  • 4 Baths
  • 6253974 MLS
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty. Selling Office: .

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2612 Crosby Road, Minnetonka image
2612 Crosby Road, Minnetonka $3,338,000

Charming Nantucket style home located on perfect level sandy lakeshore with spectacular sunset views over Gray's Bay. Designed to capture the essence of lake living and t...

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  • 4 Beds
  • 4 Baths
  • 6229391 MLS
Courtesy of Compass

Listing courtesy of Compass. Selling Office: .

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630 Locust Hills Drive, Wayzata image
630 Locust Hills Drive, Wayzata $5,380,000

Sophisticated Lake Minnetonka custom built home situated on over 2. 5 acres within Locust Hills w/ 239 feet of private rip rap shoreline. 2015 L. Cramer built/ Charlie & ...

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  • 5 Beds
  • 6 Baths
  • 6120565 MLS
Courtesy of Compass

Listing courtesy of Compass. Selling Office: .

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17008 Grays Bay Boulevard, Minnetonka image
17008 Grays Bay Boulevard, Minnetonka $3,000,000

AT LAST! Perfection on Lake Minnetonka! Perfect location; Perfect interior finishes; Perfect size: Perfect level sandy lakeshore; Perfect to move right in as “turnkey” pr...

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  • 4 Beds
  • 4 Baths
  • 6122431 MLS
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty. Selling Office: .

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17008 Grays Bay Boulevard, Minnetonka image
17008 Grays Bay Boulevard, Minnetonka $3,000,000

AT LAST! Perfection on Lake Minnetonka! Perfect location; Perfect interior finishes; Perfect size: Perfect level sandy lakeshore; Perfect to move right in as “turnkey” pr...

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  • 4 Beds
  • 4 Baths
  • 6122431 MLS
Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty. Selling Office: .

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16749 Grays Bay Boulevard, Minnetonka image
16749 Grays Bay Boulevard, Minnetonka $1,900,000

Lovely home with direct lakeshore in highly sought after Libbs Lake Minnetonka neighborhood. 5 bedroom/5 bath, sits on one of the best lot (.63 acre with approx. 100’ of...

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  • 5 Beds
  • 5 Baths
  • 6005574 MLS
Courtesy of Edina Realty, Inc.

Listing courtesy of Edina Realty, Inc.. Selling Office: .

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16749 Grays Bay Boulevard, Minnetonka image
16749 Grays Bay Boulevard, Minnetonka $1,900,000

Lovely home with direct lakeshore in highly sought after Libbs Lake Minnetonka neighborhood. 5 bedroom/5 bath, sits on one of the best lot (.63 acre with approx. 100’ of...

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  • 5 Beds
  • 5 Baths
  • 6005574 MLS
Courtesy of Edina Realty, Inc.

Listing courtesy of Edina Realty, Inc.. Selling Office: .

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2023 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

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Lake Minnetonka Cities

  • Deephaven
  • Excelsior
  • Greenwood
  • Minnetonka
  • Minnetonka Beach
  • Minnetrista
  • Mound
  • Orono
  • Shorewood
  • Spring Park
  • Tonka Bay
  • Victoria
  • Wayzata
  • Woodland

Lake Minnetonka School Districts

  • Minnetonka #276
  • Westonka #277
  • Orono #278
  • Wayzata #284

Lake Minnetonka Zip Codes

  • 55391
  • 55331
  • 55364
  • 55359
  • 55356

Lake Minnetonka Bays

  • Browns Bay
  • Black Lake
  • Carman Bay
  • Carsons Bay
  • Coffee Cove
  • Cooks Bay
  • Crystal Bay
  • East Upper Lake
  • Echo Bay
  • Emerald Lake
  • Excelsior Bay
  • Forest Lake
  • Gideon Bay
  • Grays Bay
  • Halsted Bay
  • Harrisons Bay
  • Jennings Bay
  • Lafayette Bay
  • Libbs Lake
  • Lost Lake
  • Lower Lake North
  • Lower Lake South
  • Maxwell Bay
  • North Arm
  • Old Channel Bay
  • Peavey Lake
  • Phelps Bay
  • Priests Bay
  • Robinsons Bay
  • Seton Lake
  • Smiths Bay
  • Smithtown Bay
  • South Upper Lake
  • Spring Park Bay
  • St. Albans Bay
  • St. Louis Bay
  • Stubbs Bay
  • Tanager Lake
  • Wayzata Bay
  • West Arm
  • West Upper Lake

Every listing on the lake in one click:

Lake Minnetonka Real Estate listings

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Daniel Gustafson REALTOR
Coldwell Banker Burnet
235 East Lake Street
Wayzata, MN 55391
(952) 473-1000

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Some images / videos of real estate on this website are meant to convey the marketplace in general and do not necessarily mean that the properties are or were for sale.

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