{"id":26879,"date":"2017-05-04T08:17:27","date_gmt":"2017-05-04T12:17:27","guid":{"rendered":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=26879"},"modified":"2024-03-14T15:27:58","modified_gmt":"2024-03-14T13:27:58","slug":"expensive-homes-sale-minnesota","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/","title":{"rendered":"The Most Expensive Homes for Sale in Minnesota"},"content":{"rendered":"<p>Following a year of tightening supply and steady demand, Minnesota\u2019s real estate market outlook for 2017 is more of the same \u2013 <a href=\"http:\/\/www.citypages.com\/news\/bullish-twin-cities-housing-market-leaves-young-buyers-hating-life\/411326625\" target=\"_blank\" rel=\"noopener noreferrer\">frustrated buyers<\/a> competing for an ever-shrinking pool of properties for sale. Last year\u2019s 4% median price expansion is expected to climb to 5% in the current year \u2013 good news for sellers, less so for buyers, whose appetite for homes remains steady.<\/p>\n<p>While the general residential market continues to see Minnesota\u2019s luxury market remains <a href=\"http:\/\/www.startribune.com\/twin-cities-housing-market-isn-t-booming-for-more-expensive-homes\/388997351\/#1\" target=\"_blank\" rel=\"noopener noreferrer\">soft<\/a>. Supply for pricey homes in Minnesota remains generous and offers from buyers few and far between \u2013 similarly to <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/02\/28\/10-expensive-homes-sale-florida\/\" target=\"_blank\" rel=\"noopener noreferrer\">Florida<\/a> and <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/03\/16\/most-expensive-zip-codes-in-connecticut-in-2016\/\" target=\"_blank\" rel=\"noopener noreferrer\">Connecticut<\/a>.<\/p>\n<p>For those with cash to burn, the Land of 10,000 Lakes offers a bevy of stunning lakeside estates with luxurious finishes. At the uppermost levels, <strong>Minnesota\u2019s most expensive homes for sale right now<\/strong> range in price from $5,995,000 to $11,900,000.<\/p>\n<p>Boasting thousands of square feet of luxuriously appointed indoor living space and hundreds of feet of private lake frontage, Minnesota\u2019s priciest homes on the market are all about enjoying life on the waterfront. Glass walls, oversized windows and generous indoor and outdoor entertaining spaces frame stunning lake vistas, while indoor pools, fitness centers, game rooms and in-home theaters offer plenty of entertainment options for the cold months.<\/p>\n<p>As for <strong>Minnesota\u2019s most expensive home for sale right now<\/strong>, this pricey pad is situated on the shores of Lake Minnetonka, one of the most affluent residential areas in the state \u2013 and a top location for Minnesota\u2019s most expensive homes. Scroll down to check out what $11.9 million buys in Minnesota &#8211; in addition to\u00a0a private golf course, French style theater and cigar room.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"10\"><\/span><span class=\"bullet\">10<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Wayzata<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_5995000\"><\/span><strong>Asking price: $5,995,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Located on the shores of pricey Lake Minnetonka, this 4-bed home boasts 150 feet of waterfront. The 7,750-square-foot home sits off a winding paved driveway on a 1-acre landscaped lot peppered with water features and trees. Glass walls frame panoramic Lake Minnetonka views throughout the home, while the open floorplan gives the property a light, airy feel. Pricey amenities include a boat launch, paved patio with endless lake views, 4 fireplaces, den\/library and a 3-car garage.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"9\"><\/span><span class=\"bullet\">9<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Nisswa<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_5999000\"><\/span><strong>Asking price: $5,999,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Custom-designed and hand-crafted, this 8,828-square-foot home is for lovers of bespoke architecture with a dash of high-tech home automation. Boasting 327 feet of sandy water frontage on Gull Lake and a backdrop of mature trees, the 3.78-acre property celebrates the natural beauty of the Land of 10,000 Lakes. Entertainment areas abound both indoors and out, and include a sun room, game room, wine cellar, wet bar, formal dining room, deck and outdoor hot tub. Other pricey extras at the 7-bed property include 4 show stopping fireplaces, den\/office, fitness facility, a boat house complete with boat launch and a dock.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"8\"><\/span><span class=\"bullet\">8<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Tonka Bay<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_6000000\"><\/span><strong>Asking price: $6,000,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Situated within the Clay Cliffe gated community, this 1.55-acre property boasts 500 feet of private Lake Minnetonka frontage. The 11,193-square-foot home includes some pretty swanky indoor amenities, like a grotto complete with waterfall and bath, sports court, lounge with wet bar and pool table, exercise room, formal dining room and 2-story living room. The 4-bed property\u2019s outdoor amenities are just as fancy and include a lakeside patio with heated pool, a deck complete with grill and TV and a lakeside porch with fireplace.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"7\"><\/span><span class=\"bullet\">7<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Edina<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_6200000\"><\/span><strong>Asking price: $6,200,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>This fabulous 4.5-acre lakefront estate in Edina showcases a grand, 13,326-square-foot home and 375 feet of Mirror Lake shoreline. The 8-bed property features a conservatory, indoor pool with lounge and exercise area, greenhouse, private guest lodgings, tennis court, hot tub, sauna and outdoor entertainment areas. Pricy finishes include skylights, 6 fireplaces, crystal chandeliers, marble and hardwood flooring and a chef\u2019s kitchen with all the swanky equipment you need to cater the most delicious parties.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"6\"><\/span><span class=\"bullet\">6<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Woodland<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_6990000\"><\/span><strong>Asking price: $6,990,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Touted as \u201cthe ultimate in lakeshore living\u201d over at Coldwell Banker, this fabulous 2.7-acre wooded estate puts a premium on privacy. The 5-bed property has 265 feet of landscaped water frontage on pricey Lake Minnetonka. Framing serene lake views, the oversized windows also bathe the home with natural light. Guests are always welcome in this home thanks to a number of entertainment spaces like the family room, great room, both formal and informal dining rooms, swanky eat-in kitchen, sun room, media center and outdoor gathering spaces like the deck and year-round porch. High-end amenities include an exercise room, walk-in closets, 5-car garage, 2 offices and 4 fireplaces.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"5\"><\/span><span class=\"bullet\">5<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Wayzata<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_7500000\"><\/span><strong>Asking price: $7,500,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Designed by turn of the century architect Harry Wild Jones, the 5-bed Brooks House is an iconic Twin Cities estate. The prized estate features 10,016 square feet of indoor living space with lake views from every room. High-priced amenities include a guest house, dock, heated pool, sauna, hot tub, exercise room, sun room and a 5-car garage. Among other swanky extras are game and billiards rooms, an office, library, formal and informal dining rooms and several family\/entertainment rooms as well.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"4\"><\/span><span class=\"bullet\">4<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Deephaven<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_7900000\"><\/span><strong>Asking price: $7,900,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Built by Keith Waters, this 10,081-square-foot home boasts a prime waterfront location, with views of Carson Bay, St. Louis Bay and the Minnetonka Yacht Club. Surrounded by breathtaking vistas, the 5-bed home showcases incredible views from every room. With an indoor porch and sizeable outdoor patio, there is ample space for entertaining guests or spending a cozy night in by one of the 4+ fireplaces, watching a movie in the home theater or training in the in-home fitness center.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"3\"><\/span><span class=\"bullet\">3<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Chaska<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_8950000\"><\/span><strong>Asking price: $8,950,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Initially listed for $9,950,000, this 270-acre equestrian estate is currently on the market with a hefty<br \/>\n$1 million price chop. The unique 8-bed property is situated on a private lake and showcases views of the Minnesota Arboretum, voted <a href=\"http:\/\/www.startribune.com\/minnesota-arb-voted-best-botanical-garden-in-u-s\/417809763\/\" target=\"_blank\" rel=\"noopener noreferrer\">the best botanical garden<\/a> in the U.S. With 20,214 square feet of indoor living space, this Minnesota home does not lack in high-priced amenities such as a storybook barn with indoor riding arena, media center, sun room, private bar, office, hobby room, multiple dining rooms and a fitness center. Among other swanky extras are a tennis court, pool and 5-car garage.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"2\"><\/span><span class=\"bullet\">2<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Wayzata<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_9449000\"><\/span><strong>Asking price: $9,449,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Built in 2003, this 18,649-square-foot custom home boasts 200 feet of high-priced Lake Minnetonka frontage and is move-in ready. The 6-bed estate is situated on 2.61 acres and showcases both indoor and outdoor pools, in-home fitness center, sun room, plentiful indoor and outdoor entertaining areas and a dock. 6 fireplaces, a media center and a 6-car garage round out the list of pricey amenities.<\/p>\n<h3 class=\"bullettitle\" style=\"margin-bottom: 15px;\"><span class=\"ez-toc-section\" id=\"1\"><\/span><span class=\"bullet\">1<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Orono<\/strong><\/p>\n<h4 style=\"margin-bottom: 20px;\"><span class=\"ez-toc-section\" id=\"Asking_price_11900000\"><\/span><strong>Asking price: $11,900,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Touted as \u201cone of the most impressive properties in the Midwest,\u201d this 4-bed estate certainly delivers on high-ticket amenities. The 5.22-acre property showcases a 3-hole golf course, heated outdoor pool, 1-bed apartment, lakeside studio guest house, a \u201cFrench-inspired\u201d in-home theater, wine cellar and cigar room. Boasting 16,078 square feet of indoor living space, this Minnesota home offers plenty of other luxurious extras, like a fitness center, two elevators, 7 fireplaces, game room, lounge, office and 7-car garage. And with 360 feet of Lake Minnetonka frontage, lake views abound.<\/p>\n<p><strong>Fair Use Statement<\/strong><br \/>\nWe invite you to share this information about Minnesota\u2019s most expensive homes for sale with your readers. When you do, we ask that you provide a link back to this page, so your readers can learn more about this project and view any additional research.<\/p>\n<p><strong>Methodology<\/strong><br \/>\nIn order to determine which were the most expensive homes for sale in Minnesota, we looked at all residential properties listed for sale, taking into account condo, co-op, single- and two-family homes. All package deals were excluded.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following a year of tightening supply and steady demand, Minnesota\u2019s real estate market outlook for 2017 is more of the same \u2013 frustrated buyers competing for an ever-shrinking pool of properties for sale. Last year\u2019s 4% median price expansion is expected to climb to 5% in the current year \u2013 good news for sellers, less&hellip;<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1704],"tags":[],"class_list":["post-26879","post","type-post","status-publish","format-standard","hentry","category-minnesota-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Most Expensive Homes for Sale in Minnesota - PropertyShark Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Most Expensive Homes for Sale in Minnesota\" \/>\n<meta property=\"og:description\" content=\"Following a year of tightening supply and steady demand, Minnesota\u2019s real estate market outlook for 2017 is more of the same \u2013 frustrated buyers competing for an ever-shrinking pool of properties for sale. 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Last year\u2019s 4% median price expansion is expected to climb to 5% in the current year \u2013 good news for sellers, less&hellip;","og_url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/","og_site_name":"PropertyShark Real Estate Blog","article_published_time":"2017-05-04T12:17:27+00:00","article_modified_time":"2024-03-14T13:27:58+00:00","author":"Eliza Theiss","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Eliza Theiss","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/","url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/","name":"The Most Expensive Homes for Sale in Minnesota - PropertyShark Real Estate Blog","isPartOf":{"@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/#website"},"datePublished":"2017-05-04T12:17:27+00:00","dateModified":"2024-03-14T13:27:58+00:00","author":{"@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"breadcrumb":{"@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2017\/05\/04\/expensive-homes-sale-minnesota\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/"},{"@type":"ListItem","position":2,"name":"The Most Expensive Homes for Sale in Minnesota"}]},{"@type":"WebSite","@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/#website","url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/","name":"PropertyShark Real Estate Blog","description":"Market Reports for Real Estate Writers","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4","name":"Eliza Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=retro&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. 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