The 10 Most Expensive Lake Minnetonka Home Sales of 1992

A Snapshot of Legacy, Before the Dot-Com Boom

1992 was a quiet but formative year on Lake Minnetonka — before online listings, before mega-mansions, before the tech wealth wave. Yet even then, the lake’s most sought-after addresses commanded seven-figure prices, trading on reputation, privacy, and architectural merit. These were not speculative builds or flip-ready homes. They were statements of permanence.

Here are the top 10 publicly recorded residential sales on Lake Minnetonka from 1992:

27190 Edgewood Road, Shorewood – $1,735,000

Built in 1987 by Ken Durr, this 9,000 sq ft estate sits on over 3 acres in the Smithtown area with 228 feet of lakeshore, a sandy beach, a private lagoon, and a resort-style pool. This was the highest recorded sale of the year and remains a benchmark for west-lake estate planning.

1305 Shoreline Drive, Orono – $1,547,000

A 1928-built, 9-bedroom Lower Lake estate on 2.9 acres with a tennis court, carriage house, pool, and 356 feet of south-facing shoreline. Known for its classic proportions and close-in location, this property set the tone for what’s now considered legacy inventory in Orono.

401 Bushaway Road, Wayzata – $1,475,000

Sold before print, this newly constructed 6-bedroom home on 1.9 acres at the corner of Bushaway and McGinty offered prime south-facing shoreline. The sale solidified Bushaway’s status as a luxury corridor just outside downtown Wayzata.

40 Gideons Point Road, Excelsior – $1,150,000

Set above Gideon’s Bay, this commanding 4-bedroom home on 1.2 acres and 125 feet of shoreline featured timeless brick and cedar architecture, a 4-car garage, and mature trees framing sweeping views.

2222 Huntington Point Road W, Minnetonka Beach – $900,000

A stately colonial on west-facing, gently sloping lakeshore, offering 7 bedrooms and the rare blend of elegance and function. The home was originally built in 1930 and sold in just 3 days.

552 Ferndale Road W, Wayzata – $850,000

Originally listed at $1.7M, this 1924 stucco estate captured south-facing views and sandy lakeshore. The structure, while aged, showcased the kind of craftsmanship that made Ferndale one of the most revered stretches on the lake.

880 Partenwood Road, Orono – $820,000

Designed by architect Milo Thompson, this angular 1978 contemporary in Maxwell Bay featured nearly 5,600 finished sq ft, intricate geometry, and a wooded setting — a rare find on Partenwood Point.

2310 Huntington Point Road W, Minnetonka Beach – $800,000

With over 200 feet of shoreline and a sophisticated, open-concept design, this 1967-built home offered southwest views and modern architecture in one of the lake’s most admired enclaves.

425 Oxford Road, Orono – $790,000

Designed by Bruce Knutson, this all-brick two-story on 2.25 acres in Stubbs Bay delivered both presence and privacy. Grand staircases, sunrooms, and a layout that captured the western light made it a standout in Orono Schools.

2201 Huntington Point Road E, Minnetonka Beach – $750,000

This 1910 Minnetonka Beach estate featured a tennis court, pool, level yard, and Lower Lake shoreline. With classic charm and recreational amenities, it was one of the year’s most admired sales.

In 1992, these homes weren’t just expensive — they were aspirational. Many have since been remodeled, rebuilt, or retained as-is by stewards who recognized their historical and architectural significance. For those who remember, these addresses represent the another era of Lake Minnetonka — when deals were done by handshake, and a great view was still measured by the sun’s reflection, not square footage.