Minnetonka Homes under $250,000

Minnetonka Homes under $250,000

Welcome to Minnetonka, Minnesota—a vibrant city nestled in Hennepin County, just minutes away from the bustling heart of the Twin Cities. Known for its stunning natural beauty, Minnetonka boasts over 1,000 acres of parkland, serene lakes, and scenic trails, making it a haven for outdoor enthusiasts and families alike. With top-rated schools, a strong sense of community, and a variety of shopping and dining options, it’s no wonder that Minnetonka is a sought-after destination for homebuyers.

For those looking to invest in this picturesque locale without breaking the bank, there are charming homes available for under $250,000. These properties offer an incredible opportunity for first-time buyers, downsizers, or anyone seeking a cozy retreat in a thriving community. Imagine stepping into your new abode, where you can enjoy the perfect blend of suburban tranquility and urban convenience.

Many of these homes feature inviting layouts, spacious yards, and proximity to excellent amenities. Whether you’re looking for a quaint starter home or a charming townhouse, Minnetonka's real estate market has something to suit every taste and budget. With a strong sense of community and a welcoming atmosphere, you’ll find yourself right at home in this delightful city.

Explore the possibilities that await you in Minnetonka, where your dream home is just a listing away. Embrace the lifestyle you’ve always wanted, and discover the charm of living in one of Minnesota’s most beloved communities!

Newest Minnetonka Homes under $250,000

15695 Sussex Drive, Minnetonka
$220,000
ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7128403 MLS ⋅ 2,195 SqFt.
Fantastic location and priced to sell! This charming home offers an exciting opportunity to build equity and make it truly your own. While the property would benefit from some updating and TLC, it offers a spacious and functional layout with plenty of potential. Enjoy comfortable main-level living featuring a cozy living room with a wood-burning fireplace, perfect for relaxing on cool evenings. Step outside onto the deck and take in the peaceful setting surrounded by mature trees. The large kitchen offers plenty of space, along with a convenient eat-in dining area. The primary suite includes a 3/4 bath, while the full basement expands your living and storage options with a generous family room plus a separate workshop/storage area. An oversized one-car garage provides additional convenience and storage. Whether you're a first-time buyer ready to stop renting or someone looking for a home with room to add your personal touch, this property is a wonderful opportunity to own in a fantastic location!

15695 Sussex Drive, Minnetonka

Listing courtesy of RE/MAX Results.

5424 Sanibel Drive, Minnetonka
$247,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7155308 MLS ⋅ 1,364 SqFt.
Fantastic Townhome with low monthly HOA boasting high-value updates and quick access to: 62, 494, 169, 212 and 7. Just 22 minutes to the airport and 1/2 mile to Shady Oak Lake/Beach! Conveniently located near retail, restaurants, gyms, salons and so much more! This 2 bedroom home features a main floor 1/2 bath, primary en suite, upper level laundry and private deck off the 2nd bedroom. The backyard green space is abundant and very private! NEW Carrier HVAC 2024, NEW water heater 2024, ALL NEW windows and sliding glass doors 2021-2023, NEW oven 2023, NEW refrigerator 2023, ALL NEW carpet 2021. Want more? NEW roof in 2021! Don't miss out on easy living in a high demand location.

5424 Sanibel Drive, Minnetonka

Listing courtesy of Edina Realty, Inc..

5410 Sanibel Drive, Minnetonka
$250,000
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7151313 MLS ⋅ 1,310 SqFt.
Charming 2 story end unit features soaring vaults and light, bright, semi-open design. Updated Kitchen with granite top center island flows into spacious vaulted Living Room featuring cozy gas fireplace. Patio door opens to beautiful private garden retreat perfect for relaxing or entertaining. Spacious loft style Primary bedroom with private rooftop deck. 2nd bedroom includes wall storage cabinet. Walk-through updated bathroom features a skylight! Y Stackable washer & dryer on upper level. You'll appreciate approximately $30,000 of updates over recent years including new furnace, A/C & water heater (2024), new Andersen windows & sliding door (2017), & luxury vinyl flooring on the main level (2017). New carpet (2025). New exterior siding (2021) & new roof (2020). Short walk to Shady Oak Lake Park and Lone Lake Park. Bryant Lake Regional Park located a few miles away. This great area offers shopping, dining, coffee houses & entertainment , and easy freeway access. Move in and enjoy a carefree lifestyle.

5410 Sanibel Drive, Minnetonka

Listing courtesy of Edina Realty, Inc..

10311 Cedar Lake Road Unit 313, Minnetonka
$120,000
ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7123792 MLS ⋅ 812 SqFt.
Welcome home to this beautifully updated condo in a fantastic Minnetonka location! Enjoy peaceful, picturesque views of the surrounding green space from this inviting home, creating a serene backdrop for everyday living. The interior has been thoughtfully updated with brand-new stainless appliances, new light fixtures, bathroom fixtures, and living room A/C unit all within the last year, adding a fresh and modern feel throughout the home. The bathroom features a rainfall showerhead for a spa-like touch, perfect for unwinding at the end of the day. With a comfortable layout, beautiful views, and thoughtful updates, this home offers an easy, low-maintenance lifestyle in a wonderful setting. On-site amenities include a pool house with a pool and hot tub, walking paths through the courtyard, and heated garage parking. Conveniently located near parks, trails, shopping, dining, and everything Minnetonka has to offer!

10311 Cedar Lake Road Unit 313, Minnetonka

Listing courtesy of RE/MAX Results.

10113 W 34th Street Unit 111, Minnetonka
$85,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7150598 MLS ⋅ 1,010 SqFt.
Spacious end unit with extra windows, patio, and large walk-in closet! Ground floor has easy access to community room/kitchenette and laundry. Well-maintained - quiet building. This unit has eastern exposure.

10113 W 34th Street Unit 111, Minnetonka

Listing courtesy of RE/MAX Advantage Plus.

10501 Cedar Lake Road Unit 512, Minnetonka
$239,900
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7149556 MLS ⋅ 1,200 SqFt.
Welcome to Unit #512 at the Greenbrier Village community in Minnetonka! Nestled on the uppermost level of the building, this unit has been upgraded in many ways - open concept kitchen, stainless steel appliances, quartz countertops, new cabinetry, upgraded bathrooms, paint throughout, and new lighting. The feeling in this unit is clean, modern, and peaceful. The unit is placed conveniently near the laundry, storage, stairs, and elevator. You will love sipping coffee on the balcony, with beautiful views of trees and the courtyard. There is also storage in the underground garage in the assigned parking space, plus ample parking on the open lot. The HOA has many shared amenities - indoor and outdoor pools, tennis court, community room, hot tub, and sauna. All of these are just a short walk from building 10501. Greenbrier Village is located steps away from Hopkins High School, Hopkins North Middle School, and L.H. Tangen Elementary School. Situated just north of Minnehaha Creek, it is also walkable to Cedar Hills Shopping Center, where you can enjoy restaurants, shopping, and grocery. Enjoy open-concept condo living in an amazing location. The amenities in the unit, Greenbrier Village community, and neighborhood cannot be beat! You won’t want to miss it!

10501 Cedar Lake Road Unit 512, Minnetonka

Listing courtesy of Verve Realty.

10501 Cedar Lake Road Unit 318, Minnetonka
$194,900
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7144530 MLS ⋅ 1,164 SqFt.
Welcome home to this beautifully West facing 2-bedroom, 2-bath condominium featuring LVP flooring, kitchen updates and breathtaking views. Large windows fill the home with natural light while framing spectacular greenspace views that can be enjoyed from the comfort of your living room and private outdoor space. The spacious floor plan offers comfortable living areas, generous bedrooms, and the convenience of two full bathrooms and two storage units. Perfectly placed for easy access to outdoor walkways and parking garage. Enjoy maintenance-free living in a community loaded with amenities, including indoor and outdoor swimming pools, a hot tub, sauna, tennis courts, fitness facilities, and community gathering spaces. Conveniently located near shopping, dining, parks, and major commuter routes, this move-in-ready home combines modern updates, incredible views, and exceptional community amenities in one outstanding package.

10501 Cedar Lake Road Unit 318, Minnetonka

Listing courtesy of RE/MAX Results.

5601 Smetana Drive Unit 101, Minnetonka
$237,000
ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7139136 MLS ⋅ 1,115 SqFt.
RARE OPPORTUNITY! Enjoy first-floor living at sought-after Cloud 9, featuring a private pat and a quiet location that does NOT face the highway. This beautifully maintained condo offe nine-foot ceilings, abundant natural light, and a dramatic wall of six-foot windows. The open-concept kitchen features a large center island, tile backsplash, stainless steel counters, and stainless steel appliances. Fresh paint and hardwood floors throughout create bright, modern feel. The spacious primary suite features a private bath with a separate shower, soaking tub, dual-sink vanity, and an extra-large mirror. Recent improvements include a newer refrigerat and water heater. Two conveniently located parking spaces, #100 and #102, and storage unit #82 are included. Cloud 9 amenities include two outdoor patios with fire pit and grills, an exercise room, walking paths, picnic areas surrounding the pond, and a large outdoor parking lot. A rare first-floor opportunity with a private patio in a highly desirable building! Please note: the unit is currently not staged, and the listing photos were taken 2022 & may not reflect the unit's current condition or presentation.

5601 Smetana Drive Unit 101, Minnetonka

Listing courtesy of Edina Realty, Inc..

6155 Chasewood Parkway Unit 201, Minnetonka
$225,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7135269 MLS ⋅ 1,096 SqFt.
Get ready for a quiet, spa like setting! Welcome to this meticulously cared for fabulous upper unit condo at the Village of Chasewood. Not only has the exterior been improved, but this homeowner has upgraded appliances and mechanicals so you can truly have the peace of mind of a move in ready, well cared for home with many big ticket items taken care of. You'll love the upper level deck for enjoying the outdoors in summer and the wood burning fireplace is a unique feature for select condos making this super cozy space in winter! Additional improvements are custom closet systems, plantation shutters on all of the windows and patio door, fresh paint throughout and newer carpet. Shared outdoor pool, tennis courts and the prime location near lakes, parks, walking and biking trails, restaurants, shops and easy freeway access make this a gem of a find!

6155 Chasewood Parkway Unit 201, Minnetonka

Listing courtesy of LPT Realty, LLC.

6040 Chasewood Parkway Unit 2, Minnetonka
$234,900
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7133877 MLS ⋅ 1,209 SqFt.
Beautifully updated and move-in ready, this spacious 2-bedroom, 2-bathroom townhome offers the perfect blend of modern updates, low-maintenance living, and a peaceful natural setting. Enjoy Luxury Vinyl Plank flooring throughout, updated bathrooms, freshly painted kitchen cabinets, recessed living room lighting, a custom primary closet system, new light fixtures and faucets, plus a brand-new dishwasher, microwave, and garbage disposal. Step outside to your private walkout patio overlooking a tranquil pond with direct access to the scenic walking trail. The attached garage features a private entrance and an electric vehicle charging outlet for added convenience. A standout feature of this home is the extensive recent exterior improvements completed by the association, including but not limited to, brand-new windows, a new sliding glass door, and a newly installed concrete patio, providing exceptional value and peace of mind. Residents also enjoy access to a community pool and fitness center, all within walking distance of Bryant Lake Regional Park and Lone Lake Park. Conveniently located near shopping, dining, and major commuter routes, this is a fantastic opportunity to enjoy everything Minnetonka has to offer.

6040 Chasewood Parkway Unit 2, Minnetonka

Listing courtesy of eXp Realty.

6145 Chasewood Parkway Unit 202, Minnetonka
$185,000
ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7126962 MLS ⋅ 897 SqFt.
SELLER IS PAYING 1ST YEAR OF HOA DUES FOR NEW OWNER AT CLOSING! Experience easy, elevated living in this top-floor sanctuary. Relax on your private balcony overlooking a peaceful, mature willow tree, or retreat inside to your newly refreshed space featuring brand-new carpet and an efficient, functional layout. The building’s recent full exterior renovation offers clean curb appeal and long-term value. Inside, enjoy the convenience of an in-unit washer and dryer. Residents have full access to a modernized community center, complete with a party room, fitness center, outdoor pool, and tennis courts—perfect for hosting or staying active. Simplify your life with an HOA fee that covers almost all utilities, including cable, internet, water, sewer, trash, exterior maintenance, and gym access. Dog lovers will appreciate the community’s pet-friendly policy with convenient waste stations, and nature enthusiasts are just moments from Bryant Lake Regional Park, scenic trails, and local amenities. Move-in ready and low-maintenance living awaits.

6145 Chasewood Parkway Unit 202, Minnetonka

Listing courtesy of Coldwell Banker Realty.

6030 Chasewood Parkway Unit 201, Minnetonka
$199,900
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7126957 MLS ⋅ 1,096 SqFt.
SELLER IS OFFERING TO PAY 1 YEAR OF HOA DUES VIA CREDIT AT CLOSING! Discover one of the best locations in the complex with this top-floor gem. You’ll love the cozy covered balcony offering private, scenic views over the pond. This well-maintained home features spacious bedrooms, a private primary suite, a convenient walk-in soaking tub, and the ease of an in-unit washer and dryer. A rare standout feature in this complex is the direct, private interior access to your garage. The building’s recent full exterior renovation ensures a fresh look and lasting value. Residents enjoy full access to a modernized community center, including a party room, fitness center, outdoor pool, and tennis courts, alongside an extensive trail system. Simplify your lifestyle with an HOA fee that covers almost all utilities—cable, internet, water, sewer, trash, exterior maintenance, and gym access. Ideally located in a dog-friendly community near the dog park, you are just moments from Bryant Lake Regional Park, shopping, dining, and local amenities.

6030 Chasewood Parkway Unit 201, Minnetonka

Listing courtesy of Coldwell Banker Realty.

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