Lake Minnetonka Lots for Sale

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.

$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.

$3,200,000

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 .

$749,900

PENDING Status ⋅ 7104637 MLS

Don't miss this perfect opportunity to design your dream home with 65 feet of shoreline on Lake Minnetonka. Your masterpiece will be nestled onto a private, wooded lot, facing west with incredible views & sunsets from your peninsula location.

3435 Warner Lane, Mound

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$7,450,000

ACTIVE Status ⋅ 7084862 MLS

Set on a beautiful, elevated homesite, this exceptional property offers sweeping west facing views, spectacular sunsets, and the ability to accommodate a walkout custom home construction. With 349 feet of west facing lakeshore across 2.10 acres, the site's natural topography provides an ideal setting for a custom estate with generous square footage and commanding views of Lake Minnetonka. Nestled within the prestigious Bracketts Point peninsula, this is a rare opportunity to build in one of Lake Minnetonka's most sought after neighborhoods.. Known for its iconic estates, privacy and timeless appeal, Bracketts Point offers a setting that is increasingly difficult to find. Located in the award winning Orono School District (#278), the property is just minutes from downtown Wayzata.

1415 Bracketts Point Road, Orono

Listing courtesy of Coldwell Banker Realty.

$6,250,000

ACTIVE Status ⋅ 7084861 MLS

With 2.42 acres of exclusive land on Bracketts Point, this rare west-facing lakeshore site offers 335 linear feet of prime Lake Minnetonka shoreline with sweeping panoramic views and unforgettable sunset exposures. The property is ideally configured for a walk-out custom home - offering a clean canvas for a world-class estate without teardown costs or renovation constraints. Bracketts Point is among the most prestigious addresses on Lake Minnetonka, a private peninsula neighborhood historically home to landmark estates. Properties here rarely come to market, and vacant lakeshore sites of this scale are essentially irreplaceable. The site is served by the award-winning Orono School District (#278) and is conveniently located near downtown Wayzata, the Dakota Rail Trail, and all Lake Minnetonka lifestyle amenities while maintaining the seclusion and grandeur befitting a legacy lakeshore estate.

1365 Bracketts Point Road, Wayzata

Listing courtesy of Coldwell Banker Realty.

$1,500,000

ACTIVE Status ⋅ 7085324 MLS

Your dream Lake Minnetonka retreat awaits. Positioned on coveted Crystal Bay taking in big water views with Lafayette Club in the distance, this exceptional lot offers sweeping south-easterly sight lines. Distinctive architecture and quality build to suit using JMAD architecture and Stonewood Construction; current design offers main level primary, with the option for three bedrooms and an office up. Site is unique, offering level hard sand and approximately 83 feet of sand shoreline. The setting presents an ideal opportunity for your vision, allowing you to design and build a custom home tailored to your needs on one of Upper Lake’s most sought-after bays. Enjoy the best of Lake Minnetonka living with a prestigious Wayzata mailing address (55391), located within the City of Orono.

36XX N Shore Drive, Wayzata

Listing courtesy of Coldwell Banker Realty.

$769,000

ACTIVE Status ⋅ 7088523 MLS

Big water views on Lake Minnetonka from this charming level elevation lot nestled in on a quiet dead street on the shores of Cooks Bay. This Lake Minnetonka lot offers approximately 25ft of lakefront , stunning sunset views and sandy shoreline . If you’re seeking a cozy lakeside cabin or the ideal location to build your dream home, this property delivers timeless appeal and an unforgettable Lake Minnetonka setting.

3046 Julia Way, Mound

Listing courtesy of RE/MAX HomeMasters.

$2,590,000

ACTIVE Status ⋅ 7057352 MLS

Experience lakeside living at its finest on this exceptional Lake Minnetonka lot, featuring 140 feet of level, A-rated sandy lakeshore on East Upper Lake. Nearly half an acre of southwest-facing shoreline offers miles of panoramic views and breathtaking sunsets over the water. This prime location combines peace and privacy with incredible convenience—just minutes from downtown Excelsior, scenic trails, and beautiful parks. Situated within the award-winning Minnetonka School District, this is a rare opportunity to build your dream home on one of the area’s most sought-after settings. Picture yourself enjoying life on this extraordinary lot—your piece of beautiful Lake Minnetonka. The house plan attached is available to be built. The total land and build cost would be $4,995,000

4410 Manitou Road, Tonka Bay

Listing courtesy of Gatehouse Properties LTD.

$2,590,000

ACTIVE Status ⋅ 7047355 MLS

Opportunity to own premier shoreline on Lake Minnetonka and build your dream home in one of the area’s most sought-after locations. Set along the shores of Crystal Bay, this exceptional property offers 135 feet of pristine, southeast-facing sandy shoreline - perfect for soaking in panoramic views. The two lots together create an expansive 0.75-acre estate (feels like up to 1.2 acres with the benefit of a city easement), offering incredible flexibility to design a custom lakeside retreat. Envision a guest house, additional garage, sport court, or elevated outdoor living spaces. Open to all builders, this is a rare chance to bring your vision to life. Enjoy the close proximity to the historic Lafayette Club, Lake Minnetonka Regional Park, and the charming shops and dining of Wayzata. Lake Minnetonka offers year-round recreation—from boating, paddleboarding, and sailing in the summer to ice skating and fishing in the winter. A truly rare opportunity to create a lasting legacy property in an unbeatable lakeside setting.

3705 North Shore Drive, Orono

Listing courtesy of Compass.

$399,900

ACTIVE Status ⋅ 7044365 MLS

BEST LOTS AVAILABLE AROUND LAKE MINNETONKA! AMAZING 3/4 ACRE WOODED WALK-OUT LOT WITH BREATH-TAKING VIEWS OF LAKE MINNETONKA! Beautiful one of a kind, private building site with panoramic views of a large pond, nature area and Phelps Bay of Lake Minnetonka. (One of two walk-out building sites available) This hidden gem is one of the last large undeveloped parcels left around the lake! Home packages on this lot starting at $1,150k. The property feels like acreage as it sits high out on a peninsula at the end of a private no outlet road. THE PROPERTY INCLUDES 160 FT OF SHORELINE ON THE LARGE POND, WITH A PERMITTED DOCK AND LIMITED DIRECT ACCESS TO LAKE MINNETONKA THROUGH A 13 FT WIDE CHANNEL. The pond is not deep but could accommodate shallow watercraft such as a pontoon, shallow bow outboards and bass boats, kayaks, canoes and wind surfing boards etc., during the summer as well as ice skating and pond hockey in the winter. All of this right at your doorstep, without lake shore taxes! A rare opportunity to build either a glorified cabin or a large custom home with incredible private water views to the east, for sunrises and woods and nature area to the south and lots of wildlife! The pond is an active Eco System with fish, turtles, beavers, ducks & geese and many other birds as well as deer! All right outside your windows. Ask about our bold WATER & WOODS plan with a base price of $1.4M. Ask about $40k of builder credits towards the lot when building with Custom Living Homes, LLC. Experience the quality and expertise of building with CLH, LLC with over 40 yrs of experience in custom home building with the latest in design trends and technology and with the highest quality craftsmanship and attention to details from start to finish! Ask the builder about new w/o Crow River lots available for $195k as well. IF YOU PREFER, YOU CAN BRING YOUR OWN BUILDER. Why settle for outdated design and decor with needed projects when you can have a new custom built home! Select one of our beautiful, well designed home plans, from traditional to modem or contemporary (some with a sport court) that can be customized or we can partner with you to design your dream home that fits perfectly to your wants, life style and budget. The building site is a blank canvas with endless possibilities! The elevated building site can easily accommodate a two story or rambler house plan with a three car garage. As an example, our BIRCHWOOD open concept rambler design offers one level living with all the desired amenities and finishes. With the finished walk-out lower level it provides a total of 3,671sf of quality, design and function. The Birchwood house plan on this lot, has a base price of $1,150,000. Ask the builder about building incentives when building with CLH, LLC. Close to Excelsior and Wayzata, bike trails, parks and shopping along with the award-winning Westonka Schools makes this an ideal location to call home! Make an appointment with the builder now to walk the lots and see the building site. The builder will explain the building process and the different home style options etc., and answer any of your questions, so bring your ideas to get started. The building sites are ready for permitting and all utilities are in. Please do not walk the property without the builder or turn around in the neighbor's driveways. Please use the turn-around area next to the info. box. Thank you!

51XX Waterbury Road, Mound

Listing courtesy of HomeAvenue Inc.

$4,573,100

CLOSED Status ⋅ 7042283 MLS

A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing. The lot has been perfectly graded and is prepped and ready for you to build your dream home. The neighborhood is exceptional with a small neighborhood park and walking trail and adjacent to the LRT Trail. Just a 1-mile walk from charming Excelsior, enjoy all the boutique shops, restaurants, antique stores, Library, Brewery and Kowalski’s grocery store – minutes away! The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park all summer long. Excelsior is host to events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs that take place every season of the year. This is an incredible opportunity to build your dream home in a prime location in the demand Minnetonka School District. Open to all builders. Please note the dock will stay with the property however the boathouse, boat lift, and kayak lift do not convey.

4900 Meadville Street, Excelsior

Listing courtesy of Coldwell Banker Realty.

$1,885,000

CLOSED Status ⋅ 7032113 MLS

Exceptional opportunity on Lake Minnetonka in the highly sought-after Excelsior community. Set on a quiet dead-end street and walking distance to all the charm Excelsior offers, this rare offering features 93' of prime lakeshore with panoramic water views and incredible redevelopment potential. Listed as a tear-down, the existing home is livable, offering flexibility for those who want to enjoy the property while planning a custom build. Opportunities like this - with premium frontage, privacy and location - are a rare find.

805 Hidden Lane, Excelsior

Listing courtesy of PFH Real Estate Group.

$849,000

ACTIVE Status ⋅ 7032003 MLS

Rare opportunity to build your dream luxury lakeshore home on sought-after Phelps Bay on Lake Minnetonka. This .18-acre lot features 80 feet of south-facing shoreline with stunning lake views. Dock allowed and city sewer and water available. Existing structure on site offers a prime teardown opportunity for new construction. Enjoy the perfect location on Lake Minnetonka with easy boating access to the lake’s many popular waterfront restaurants and destinations. Mature trees, wide lot, and beautiful water views create the ideal setting for your custom lakeshore retreat. Exceptional chance to secure a premium homesite on Minnesota's most desirable lake.

4877 Island View Drive, Mound

Listing courtesy of RE/MAX HomeMasters.

$750,000

ACTIVE Status ⋅ 7014617 MLS

Welcome to Lake Minnetonka's Enchanted Island Lakeshore lot in one of beautiful Enchanted Island's lagoons. Serene and private. The lagoon entrance opens up on the Howard Point side of the island. Older pilings approx 26x70x35x74, possible to use or remove.

4720 Lagoon Drive, Shorewood

Listing courtesy of Ferrell Real Estate Group Inc.

$825,000

CLOSED Status ⋅ 7012487 MLS

Spectacular Lakefront Building Opportunity on West Arm Bay! Rarely does an opportunity like this become available. Presenting three consecutive parcels—2059, 63, and 67 Dickson Ave—in the desirable city of Spring Park. This is a truly spectacular building site nestled within a protected cove on West Arm Bay, offering a serene and private setting. The property boasts an impressive 90 feet of shoreline and a large, accommodating footprint, making it ideal for either a custom single-family dream home or a multi-family townhouse development. With a complete, professional survey already in hand, the groundwork is laid for your project. Bring your builder and start designing your next success. Don't miss your chance to secure this premier lakefront property!

2059 Dickson Avenue, Spring Park

Listing courtesy of Keller Williams Realty Integrity Lakes.

$4,995,000

ACTIVE Status ⋅ 6826184 MLS

Set along one of the most coveted stretches of Lake Minnetonka shoreline, TBD Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.19 acres with 200 feet of level, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.

TBD Bushaway Road, Wayzata

Listing courtesy of Coldwell Banker Realty.

$5,595,000

ACTIVE Status ⋅ 6826180 MLS

Set along one of the most coveted stretches of Lake Minnetonka shoreline, 555 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.08 acres with 140 feet of gradual sloping, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.

555 Bushaway Road, Wayzata

Listing courtesy of Coldwell Banker Realty.

$5,395,000

ACTIVE Status ⋅ 6826162 MLS

Set along one of the most coveted stretches of Lake Minnetonka shoreline, 535 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.07 acres with 200 feet of gradual sloping, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.

535 Bushaway Road, Wayzata

Listing courtesy of Coldwell Banker Realty.

$2,399,000

ACTIVE Status ⋅ 6796771 MLS

Breathtaking setting offering unparalleled west-facing sunset views overlooking 104' of level rip-rap shoreline. “A” grade water quality. Adjacent fire lane creates an additional buffer. Ideally located between Wayzata and Excelsior. Bring the builder of your choice!

4330 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$3,425,000

CLOSED Status ⋅ 6760250 MLS

Offered for the first time in over 60 years, 5080 Meadville Street provides a once-in-a-generation opportunity to secure a premier west-facing property on one of Greenwoods most cherished streets. Located just a short walk from the heart of downtown Excelsior, you are minutes from great dining, specialty boutiques, and the year around energy of Lake Minnetonka's most charming town. This exceptional property features 110 feet of lakeshore and is being sold as-is. Whether you choose to enjoy the home in its current, livable state or envision a custom new-build, the potential is unmatched. For those inspired by new construction, conceptual renderings prepared by Kyle Hunt & Partners are available to illustrate the site’s extraordinary possibilities, or bring your own builder to explore the site. View this unique combination of iconic lake setting, walkability, and year-round enjoyment in one of Lake Minnetonka’s most coveted locations.

5080 Meadville Street, Greenwood

Listing courtesy of Coldwell Banker Realty.

$2,096,500

CLOSED Status ⋅ 6653628 MLS

Sold before print.

4774 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$1,250,000

CLOSED Status ⋅ 6590208 MLS

Discover the perfect blend of natural beauty and prime location at 45 Lakeview. This unique property, available as a single-family home site or a prime lot for future development, offers breathtaking views overlooking Echo Bay on this northeast facing lot on Lake Minnetonka. Enjoy 100 feet of shoreline and serene vistas of historic Big Island right from your future home. Whether you're looking to build your dream residence or invest in a piece of land with exceptional potential, this site provides endless possibilities. Don't miss this rare opportunity to own a piece of Lake Minnetonka's coveted shoreline. ENorth East facing lakeshore on Echo Bay. Build your dream home!

45 Lakeview Avenue, Tonka Bay

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$700,000

CLOSED Status ⋅ 6563868 MLS

FIRST TIME THIS LOT HAS BEEN LISTED FOR SALE!! Build your brand-new home on Lake Minnetonka with a package (lot+home) UNDER $2 million. It's all possible here!! One of the single, best values on Lake Mtka at .7 wooded acres / 100ft at the street AND 100+ft at the shoreline **OVER THE PAST 2 years ONLY 15 out of 375 Lake Mtka (.5 or larger) sales SOLD for under $1M** Situated in the NW corner of historic Halstead Bay this lakefront-channel lot has wide, panoramic SE views on Lake Mtka. This private, wooded walkout lot is the ideal, highly desired place to Design and Build your future Dream Home. Open to all builders means YOU get to pick who brings your dream to life! Buy and build now OR build later...you ARE IN CONTROL! With 100+ft of gradual-to-flat yard into your unimproved shoreline it's the best of both worlds. Many mature 100+ year old trees. Obtain permission before walking the lot(s). Plenty of room for a backyard pool that overlooks your serene, country-like lake setting.

7075 Halstead Drive, Minnetrista

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$1,650,000

CLOSED Status ⋅ 6558454 MLS

Discover this picture-perfect 1.15-acre site on Lake Minnetonka, offering 100 feet of level, south-facing shoreline. Revel in breathtaking 180-degree panoramic views and a pristine sand/gravel bottom with Grade A water quality. This build-ready lot features a walkout elevation and a perfectly level backyard, perfect for your future dream home. Nestled on a serene street surrounded by luxurious new construction homes, this exclusive and tranquil setting is unmatched. Preliminary build plans are available for review with a 4+ car garage and golf simulator room, or you can work with an architect to create a fully custom design. An almost-new dock, complete with boat houses, lifts, and wave runner ramps, is also available for all your watercraft needs. Don't miss this exceptional opportunity to create your lakeside oasis on Lake Minnetonka.

4070 Enchanted Lane, Mound

Listing courtesy of Compass.