Minnetonka Beach Real Estate

History

Minnetonka Beach, Minnesota, has a rich history that dates back to the late 19th century. Originally developed as a lakeside resort community, Minnetonka Beach attracted visitors seeking a serene retreat. Incorporated in 1893, the city has preserved its exclusive character and maintains a close connection to the natural beauty of Lake Minnetonka.

Demographics

Minnetonka Beach is an affluent and exclusive city located in Hennepin County, Minnesota. With an estimated population of approximately 580 residents, the community is known for its luxurious lakeside properties and scenic surroundings. The median household income in Minnetonka Beach is around $200,000, well above the national average, reflecting the affluence of its residents. The population tends to be older, with a median age of approximately 51 years.

Parks and Recreation

Minnetonka Beach offers residents and visitors access to the natural beauty and recreational opportunities of Lake Minnetonka. The city has its own private beach, providing a tranquil setting for swimming, sunbathing, and water activities. Additionally, residents can explore the surrounding parks, trails, and parklands, offering opportunities for hiking, biking, and enjoying the outdoors.

What It's Like Living There

Living in Minnetonka Beach offers a luxurious and serene lifestyle. Residents enjoy the exclusivity of lakeside living and the breathtaking views of Lake Minnetonka. The city's tranquil atmosphere, combined with its proximity to natural beauty and recreational amenities, provides a sense of peace and relaxation. With its prestigious properties and close-knit community, Minnetonka Beach offers a high-quality living experience in a picturesque setting.

Coldwell Banker Realty
Coldwell Banker Realty
Coldwell Banker Realty

Minnetonka Beach - Town vs. County Stats

Avg Price in Minnetonka Beach: $829,000 / County Avg $692,800

120%

Avg Taxes in Minnetonka Beach: $6,600 / County Avg $6,400

103%

Avg Sq. Ft. in Minnetonka Beach: 1,546 / County Avg 2,390

65%

Avg Price per/sqft in Minnetonka Beach:$536 / County Avg $290

185%

Avg Walkscore in Minnetonka Beach: 10 / County Avg 43

23%

Avg Year Built in Minnetonka Beach: 1964 / County Avg 1976

99%

Avg Days on Website in Minnetonka Beach: 25 / County Avg 54

46%

Minnetonka Beach Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales