NEW HOMES IN MINNETONKA, MN

Located west of the cities, Minnetonka is a short 20-minute commute to Minneapolis making it a perfect place to call home for downtown workers.  Parents love the highly rated school systems and kids love the lakes, parks and trails in pastoral Minnetonka.  You can paddle down the Minnehaha creek or snowshoe across miles of trails.  From summer festivals and farmers markets to art in the parks, there is always something to do.  Though an established community, it is not too late to find your newly built home in this inviting suburb.  

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Minnetonka New Construction

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Among cities in the Twin Cities metropolitan area, it may be easiest to close your eyes and picture the way Minnetonka was before European settlement – a forested wilderness that provided the earliest settlers with everything they needed (included easy access to what’s now Lake Minnetonka). That’s a compliment to Minnetonka, which is just eight miles from downtown Minneapolis, because tucked within the trees that remain today is a city that’s nearly fully developed with residential areas and some of the largest businesses in the nation.

That’s not to say development in the second-ring suburb doesn’t continue, because it does. It’s just that most of what’s occurred in the recent past is redevelopment of previously developed sites. That wasn’t the case 50 or so years ago, when farms and pasturelands were still prevalent within the city. But the expansion of Interstate 494 through Minnetonka, in particular, made access to Minneapolis easier and it wasn’t long before developers turned their attention to the city and its makeup began to change. More than 25,000 people called the city home by the 1960s, and by 1990 its population stood at just more than 48,000 people. Growth has been slow by steady since, and the 2014 population estimate was 51,144 people.

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Construction of detached singe-family homes in Minnetonka has been stable for more than a decade, with the number of permitted homes averaging about 50 per year. The more recent trend has been toward development of multifamily housing that includes five or more units, of which there were 150 permitted in 2010, 64 in 2012 and 100 in 2014.

Though the city’s name comes from a Dakota Indian word meaning “great water,” many people are surprised to learn one of the crown jewels of the Twin Cities metropolitan area – the 14,500-acre Lake Minnetonka – isn’t actually in the city of Minnetonka. The entirety of the lake lies west of the city, though a small portion of Minnetonka’s northwestern border is on Gray’s Bay, which is the lake’s easternmost bay. Still, there’s plenty of water within the 28 square miles that make up the city’s land base, including the picturesque Minnehaha Creek, which begins its 22-mile trek to the Mississippi River at Gray’s Bay. Lakes and wetlands make up about 20 percent of the land area in Minnetonka, which also includes 49 community parks, 81 miles of sidewalks and trails, and more than 1,000 acres of open space. Even though it’s heavily developed, Minnetonka does a good job of upholding its motto: “Minnetonka … Where quality is our nature.”

Along with abundant opportunities to enjoy nature, the city’s residents also can appreciate its history at the Charles H. Burwell House (a Victorian home on the banks of Minnehaha Creek that’s on the National Register of Historic Places), or shop at one of its many stores. The city is also home to Ridgedale Center, a regional shopping center with a strong mix of local and national retailers. But another great shopping destination is the General Store of Minnetonka, which sells a variety of unique brands, including Minnetonka Moccasins. Some of the largest corporations in the United States, including Cargill and United Healthcare, also have their headquarters in Minnetonka.

 

 

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Better Homes & Gardens Real Estate - All Seasons are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Better Homes & Gardens Real Estate - All Seasons is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Better Homes & Gardens Real Estate - All Seasons, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

Information deemed reliable but not guaranteed.

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Listing information last updated on October 22nd, 2017 at 6:20am CDT.