1300 Bracketts Point Road, Wayzata
Listing courtesy of Coldwell Banker Realty.
(952) 473-1000
Real Estate Company
Coldwell Banker Realty’s Luxury Homes by the Water Tour brings together a curated collection of waterfront residences for one afternoon of luxury home touring. The event is scheduled for Sunday, May 17, from 12:00 p.m. to 5:00 p.m., and includes a wide range of waterfront properties across Minnesota and western Wisconsin.
This guide focuses specifically on the Lake Minnetonka-area homes featured in the Luxury Homes by the Water Tour.
Lake Minnetonka is not one simple waterfront market. A home on Bracketts Point, Cottagewood Road, Chimo, North Shore Drive, Meadville Street, Halsted Bay, Woodland Cove or Forest Arms Lane may all be described as “luxury homes by the water,” but each sits within a different lake context. City, bay, shoreline, dockage, views, privacy, walkability, architecture and long-term scarcity all shape value.
Use this page to explore the Lake Minnetonka homes in the tour and understand how each location fits within the broader luxury waterfront market.
The official Luxury Homes by the Water Tour includes Lake Minnetonka-area properties in Wayzata, Deephaven, Excelsior, Orono, Minnetrista and Greenwood, along with other waterfront homes outside the Lake Minnetonka market.
Featured Lake Minnetonka-area addresses listed on the event site include:
1300 Bracketts Point Road, Wayzata
19900 Cottagewood Road, Deephaven
6425 Virginia Drive, Excelsior
3500 Lythrum Way, Minnetrista
805 Forest Arms Lane, Orono
1575 Long Lake Boulevard, Orono
3590 Tuxedo Road, Minnetrista
4185 Halstead Bay Alcove, Minnetrista
3135 North Shore Drive, Orono
4360 Chimo East Street, Deephaven
4900 Meadville Street, Excelsior
3141 Fairchild Avenue, Wayzata
3698 Woodland Cove Parkway, Minnetrista
5080 Meadville Street, Greenwood
Listing availability, pricing, tour participation and showing access may change. Buyers should verify current MLS details before touring.
The Luxury Homes by the Water Tour is broader than Lake Minnetonka. It includes waterfront homes in multiple Minnesota markets. But Lake Minnetonka is its own category.
On Lake Minnetonka, buyers are not simply comparing homes. They are comparing lake positions.
A buyer touring Bracketts Point in Wayzata is seeing a different market than a buyer touring Cottagewood or Chimo in Deephaven. A home near North Shore Drive in Orono offers a different setting than a home near Meadville Street in Greenwood or Excelsior. A property on Halstead Bay or in Woodland Cove may offer a western Lake Minnetonka lifestyle that differs from the older, more established eastern lake markets.
That is why the Lake Minnetonka portion of the tour deserves more context than a simple list of addresses.
Wayzata is one of the defining luxury markets on Lake Minnetonka. Homes in and around Wayzata are valued for their relationship to Wayzata Bay, downtown Wayzata, Lake Street, established estate corridors and long-term name recognition.
A Wayzata home in the Luxury Homes by the Water Tour should be understood not only as a waterfront residence, but as part of one of the most recognizable lakefront communities in Minnesota.
Buyers considering Wayzata should pay attention to:
Deephaven offers some of Lake Minnetonka’s most distinctive residential settings. Areas such as Cottagewood, Chimo, Carson Bay, St. Louis Bay and Northome have strong neighborhood identities and long-standing buyer appeal.
Cottagewood is especially recognizable for its village character, parks, tennis courts, trail access, historic store and protected water settings. Chimo offers a quieter, more tucked-away version of Deephaven lake living near Carson Bay and the Cottagewood area.
Buyers touring Deephaven homes should consider:
Orono is one of the deepest luxury markets on Lake Minnetonka. It includes estate properties, wooded privacy, historic lake roads, larger parcels and some of the lake’s most significant residential settings.
Homes near North Shore Drive, Forest Arms Lane, Crystal Bay, Browns Bay, Stubbs Bay and Lafayette Bay often appeal to buyers who want space, discretion and long-term land value.
For Orono buyers, the tour is an opportunity to compare not only homes, but settings. Some properties may offer open-water views. Others may offer privacy, acreage, legacy architecture or a quieter shoreline position.
Excelsior and Greenwood offer a different version of Lake Minnetonka luxury. The appeal is often tied to village life, historic character, St. Albans Bay, walkability, marina access and proximity to one of the lake’s most charming downtowns.
Homes near Meadville Street, Virginia Drive and the surrounding Excelsior / Greenwood area should be evaluated for view orientation, shoreline position, access to Excelsior, privacy and the long-term scarcity of homes near this part of the lake.
For buyers who want Lake Minnetonka living with village energy nearby, this area remains one of the lake’s most compelling markets.
Minnetrista and western Lake Minnetonka offer a more spacious, residential and often newer-construction version of lake living. Areas near Halstead Bay, Jennings Bay, Cook’s Bay and Woodland Cove may appeal to buyers who want room, newer homes, quieter water and a less dense lake environment.
Compared with the eastern lake communities, the western lake market may offer more space and newer development patterns, while still providing access to Lake Minnetonka boating and waterfront living.
Buyers should consider:
The official tour allows attendees to visit multiple luxury waterfront homes in one afternoon, compare properties, experience architecture and setting firsthand, and meet listing agents and specialists.
For Lake Minnetonka buyers, the best approach is to tour with a framework.
Before visiting each home, ask:
The most impressive home on the tour is not always the best long-term fit. On Lake Minnetonka, the right purchase depends on how the property’s location, shoreline and neighborhood align with the buyer’s intended life on the lake.
Daniel Gustafson of Coldwell Banker Realty provides Lake Minnetonka-specific guidance for buyers evaluating homes in the Luxury Homes by the Water Tour.
That guidance may include:
For buyers serious about Lake Minnetonka, the tour is a starting point. The deeper work is understanding which homes have the best combination of setting, scarcity and long-term value.
What is the Luxury Homes by the Water Tour?
The Luxury Homes by the Water Tour is a Coldwell Banker Realty event featuring luxury waterfront homes for sale. The official event page describes it as a curated luxury tour experience with waterfront residences open for one afternoon.
When is the Luxury Homes by the Water Tour?
The event is scheduled for Sunday, May 17, from 12:00 p.m. to 5:00 p.m.
Does the tour include Lake Minnetonka homes?
Yes. The event includes several Lake Minnetonka-area homes in communities such as Wayzata, Deephaven, Excelsior, Orono, Minnetrista and Greenwood.
Why focus only on the Lake Minnetonka homes?
Lake Minnetonka is one of Minnesota’s most complex luxury waterfront markets. Buyers need local context about cities, bays, shoreline, dockage, views and long-term value that a statewide waterfront tour page cannot fully explain.
Can I visit the Lake Minnetonka homes in any order?
Attendees can generally follow their own route unless a property requires a timed appointment. Buyers should verify showing instructions before touring.
Will listing agents be present?
Most homes are hosted by listing agents who can answer questions, provide disclosures and offer market insight.
Should I schedule a private showing after the tour?
For serious Lake Minnetonka buyers, yes. A private showing allows more time to evaluate shoreline, dockage, elevation, privacy, architecture, floor plan and long-term market fit.
The Luxury Homes by the Water Tour offers a rare chance to see several waterfront properties in one afternoon. For Lake Minnetonka buyers, the opportunity is even more valuable when each home is understood in context — by city, bay, shoreline, neighborhood and long-term market position.
For private guidance on the Lake Minnetonka homes featured in the tour, contact Daniel Gustafson, Coldwell Banker Realty.
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