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$3,450,000
ACTIVE Status 4 Beds 5 Baths 7120864 MLS 4,820 SqFt.
Perfectly positioned on one of Lake Minnetonka's most desirable settings, this exceptional lakefront residence offers the rare combination of an outstanding on-and-off-the-water location, ideal elevation, and coveted main-level living. Set on .66 acres with 104 feet of beautiful lakeshore on Old Channel Bay with exceptional water quality, the property captures sweeping water views and beautiful summer sunsets from nearly every room. Thoughtfully designed for effortless everyday living and entertaining, the home features expansive gathering spaces, a luxurious main-level primary suite, additional ensuite bedroom, private office, upper-level guest accommodations, and a spacious lower level ready for future customization. Located in the desirable Minnetonka School District, this is a rare opportunity to enjoy a true Lake Minnetonka gem.

4770 Manitou Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$4,995,000
ACTIVE Status 4 Beds 5 Baths 7065021 MLS 4,664 SqFt.
Experience lakeside living at its finest with this to-be-built home on the shores of beautiful Lake Minnetonka. Perfectly positioned on a west-facing lot, enjoy stunning sunset views over sparkling waters every evening. The level lot provides effortless access to a sandy lake bottom—ideal for swimming, boating, and relaxing by the shore. Designed for comfort and convenience, the main floor features an open-concept layout with the primary bedroom suite and all essential living spaces on one level. Large lakeside windows and outdoor living areas take full advantage of the views. Upstairs offers three additional bedrooms plus a spacious bonus room—perfect for guests, a home office, or recreation space. This is a rare opportunity to create your dream lake home with the perfect blend of thoughtful design, modern amenities, and natural beauty on one of Minnesota’s most sought-after lakes. The plan that is attached could be built by one of the most reputable custom homebuilders in this market. The lot can be purchased for $2,590,000 and you could choose your own builder.

4410 Manitou Road, Excelsior

Listing courtesy of Gatehouse Properties LTD.

$2,440,000
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.

$6,289,600
CLOSED Status 5 Beds 6 Baths 6803451 MLS 8,691 SqFt.
Lake Minnetonka Lakeshore! Classic, coastal-style home with coffered ceilings, layers of enameled woodwork and walls of glass showcasing stunning views from nearly every room. Custom Stonewood build features an open concept main floor with center island kitchen and a great room opening to large, covered porch with phantom screens and outdoor cooking. Sneak away to the lakeside sunroom or the richly appointed study. Upper-level features primary suite with fireplace and luxury bath, three additional bedrooms and an exercise room. Escape to an inspirational art/crafting studio – which could also serve as a separate apartment space. Walkout lower-level features custom bar/billiard area, family room with fireplace and the fifth bedroom. Step out to the expansive screened patio with fireplace opening to the sprawling level lawn and miles of southerly views of Lake Minnetonka. Picture-perfect lakefront with crystal clear water, hard sand bottom, and charming boathouse on the shore. Long list of extra amenities including geothermal heating and cooling, large lower-level space for storage or future gym and an elevator serving all three floors. Prime location, minutes to downtown Excelsior and Wayzata, close to restaurants, shopping, multiple trails and parks.

2789 Pheasant Road, Orono

Listing courtesy of Coldwell Banker Realty.

$2,100,000
CLOSED Status 5 Beds 4 Baths 6658360 MLS 4,223 SqFt.
Introducing an exceptional custom-built walkout rambler on the serene shores of Lake Minnetonka, offering the ultimate lakeside lifestyle. Set on nearly an acre with 90 feet of private shoreline, a private dock, and a slip, this new construction offers an exclusive opportunity for waterfront living. Located on a quiet inlet off Carman Bay, renowned for its crystal-clear waters, the home strikes a perfect balance of tranquility and recreational potential. Designed for seamless living and entertaining, the open-concept main level boasts a chef-inspired gourmet kitchen with high-end appliances, custom cabinetry, and a large island, all flowing into the vaulted living room with a gas fireplace. Stunning lake views from this space make it the ideal place to relax or host guests. The main floor also features a private office and a luxurious primary suite with panoramic views, a spa-like bath, and a walk-in closet — a true retreat. The walkout lower level offers three spacious bedrooms, each with ample closet space, plus a cozy family room with a fireplace. The wet bar adds convenience for entertaining, while the recreational space is perfect for billiards or ping pong. A fully equipped home gym and sauna create an oasis for wellness. The flat backyard extends to the water’s edge, offering direct lake access and a firepit for evening gatherings by the water. Whether launching a boat, enjoying sunset views, or relaxing lakeside, the outdoor spaces are designed to integrate seamlessly with the natural beauty of the surroundings. Carman Bay’s peaceful waters are perfect for water sports, and nearby trails and parks offer opportunities to explore nature. Just minutes from the vibrant communities of Spring Park, Wayzata, and Excelsior, this home provides easy access to dining, shopping, and entertainment. This is a rare chance to own a custom-designed lakefront home on one of Minnesota’s most sought-after lakes. Experience unmatched lakeside living!

2670 Pheasant Road, Excelsior

Listing courtesy of Edina Realty, Inc..

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