Most Expensive Places to Live in Minnesota

Deephaven sits along the shores of Lake Minnetonka in western Hennepin County. Luxury lake homes and private docks keep prices high across the city. Many buyers move here for boating, quiet streets, and large wooded lots. Cottage-style homes and modern waterfront estates shape much of the local market. Limited inventory and strong demand makes competition tough for buyers. With its combination of natural beauty, privacy, and luxury real estate, Deephaven remains one of Minnesota's most exclusive lakefront communities.

Deephaven sits along the shores of Lake Minnetonka in western Hennepin County. Luxury lake homes and private docks keep prices high across the city. Many buyers move here for boating, quiet streets, and large wooded lots. Cottage-... Read more

Orono is one of Minnesota's wealthiest lake communities. Large estates, horse properties, and waterfront homes attract affluent buyers from across the Twin Cities. Many families also move here for top-rated schools and more privacy. Lake Minnetonka gives residents easy access to boating and waterfront dining. However, larger properties often bring higher upkeep costs. Even so, Orono remains one of Minnesota's strongest luxury housing markets.

Orono is one of Minnesota's wealthiest lake communities. Large estates, horse properties, and waterfront homes attract affluent buyers from across the Twin Cities. Many families also move here for top-rated schools and more privac... Read more

Minnetonka Beach is a small village with some of the state's most valuable lakefront homes. Many properties include long shorelines, private docks, and outdoor living spaces designed to take full advantage of the lake. TDespite its proximity to the Twin Cities, the village maintains a quiet, residential atmosphere that appeals to buyers seeking privacy and a slower pace of life. However, very few homes become available each year. As a result, prices remain extremely high.

Minnetonka Beach is a small village with some of the state's most valuable lakefront homes. Many properties include long shorelines, private docks, and outdoor living spaces designed to take full advantage of the lake. TDespite it... Read more

Shorewood offers a balance of upscale suburban and lakeside chanrm along the shores of Lake Minnetonka. Luxury homes and wooded streets attract buyers who want more privacy near the water. Residents enjoy easy access to parks, walking trails, marinas, and a variety of outdoor activities throughout the year. Many families move to Shorewood for larger homes and quieter neighborhoods. Its proximity to the lake and continued demand for high-end housing have helped support strong property values, making Shorewood one of the most desirable places to live in the Lake Minnetonka area.

Shorewood offers a balance of upscale suburban and lakeside chanrm along the shores of Lake Minnetonka. Luxury homes and wooded streets attract buyers who want more privacy near the water. Residents enjoy easy access to parks, wal... Read more

Wayzata is one of the most sought-after luxury markets around Lake Minnetonka. High-end condos and waterfront estates continue driving prices upward. The downtown area features boutique shopping, lakefront dining, and busy marinas. Many buyers enjoy being able to walk between restaurants, shops, and the waterfront. However, limited space keeps inventory tight throughout the city. Even so, Wayzata remains one of Minnesota's premier luxury destinations.

Wayzata is one of the most sought-after luxury markets around Lake Minnetonka. High-end condos and waterfront estates continue driving prices upward. The downtown area features boutique shopping, lakefront dining, and busy marinas... Read more

Greenwood is one of the most private and exclusive communities on Lake Minnetonka, Privacy plays a major role in Greenwood's housing market. The city features luxury homes tucked between wooded lots and quiet lakefront roads. Buyers often move here for a slower pace near Lake Minnetonka. Nearby country clubs and boating access also add to the area's appeal. With a limited number of homes available at any given time and strong demand for lake-area properties, Greenwood continues to command some of the highest home values in Minnesota.

Greenwood is one of the most private and exclusive communities on Lake Minnetonka, Privacy plays a major role in Greenwood's housing market. The city features luxury homes tucked between wooded lots and quiet lakefront roads. Buye... Read more

North Oaks stands apart from other Twin Cities communuties with its emphasis on privacy, open space, and luxury living. Known for its large estate homes, private roads, and heavily wooded surroundings that appeals to affluent buyers. Carefully planned development has helped preserve the area's natural beauty, while amenities such as golf courses, walking trails, and private lakes enhance its desirability. Strong demand for premium homes and limited opportunities for new development continue to support high property values, making North Oaks one of Minnesota's most prestigious communities.

North Oaks stands apart from other Twin Cities communuties with its emphasis on privacy, open space, and luxury living. Known for its large estate homes, private roads, and heavily wooded surroundings that appeals to affluent buye... Read more

Medina offers a unique blend of luxury and expansive open space, making it one of the most desirable communities in the western Twin Cities. Custom homes, horse farms, and gated estates affluent buyers into the area. Many families also move here for more land and quieter surroundings. Golf courses and country roads help shape the city's upscale identity. However, longer drives can make commuting less convenient. As a result, Medina remains one of the leading high-end housing markets in the Minneapolis metropolitan area.

Medina offers a unique blend of luxury and expansive open space, making it one of the most desirable communities in the western Twin Cities. Custom homes, horse farms, and gated estates affluent buyers into the area. Many families... Read more

Minnetrista has become an increasingly popular choice for buyers seeking more space and a quieter lifestyle near Lake Minnetonka. The city features a mixture of newer custom homes and luxury developments continue expanding across the city. Families often move here for larger yards and quieter neighborhoods while remaining within the reach of the Twin Cities. Continued residential growth and strong demand for larger homes have helped support rising property values, making Minnetrista one of the region's emerging luxury housing markets.

Minnetrista has become an increasingly popular choice for buyers seeking more space and a quieter lifestyle near Lake Minnetonka. The city features a mixture of newer custom homes and luxury developments continue expanding across ... Read more

Dellwood is one of the most private luxury communities in the Twin Cities, known for its estate-sized homes and tree-lined lakes. most private luxury communities. Many buyers move here for privacy while staying close to St. Paul job centers. Golf courses and country clubs also help support the area's upscale image. However, home prices and property upkeep can become expensive over time. Even so, Dellwood remains one of Minnesota's top luxury suburbs.

Dellwood is one of the most private luxury communities in the Twin Cities, known for its estate-sized homes and tree-lined lakes. most private luxury communities. Many buyers move here for privacy while staying close to St. Paul j... Read more