Lake Minnetonka Real Estate Blog

Lakeview Golf Course Orono MN - Luxury Development

Lakeview Orono Development Map

Lakeview Golf course is officially the Lakeview Luxury development featuring 46 luxury 2+ acre lots spread across the old 136 acres which will include a 4.5 acres park on the north end of the development off N Arm Drive.  After many meetings with city officals and local community input, the development has been fined tuned so that the feel of Orono’s open spaces, serene living and small town feel will be represented in the Lakeview development.   Prairie Restorations, Inc has been working with the developers create a plan to preserve the native species of plants as homes are built.  Matching the existing native life of the area with Prairie Restorations insight they are planning to bring over sixty acres into harmony with the wetlands, rolling hills and wildlife.  This area of the state in not new to Prairie Restorations as they have been involved with restoring Minnesota landscapes since the late 1970s and have done work in Orono as well with examples of their work just down the road at the 12 acre luxury orono estate on 3020 Watertown Road.  

Lakeview Orono Luxury Development...

3020 Watertown Road Orono MN | Orono Estate

Orono Estate | 3020 Watertown Road Orono MN 553566 bed      7 bath      8912 sf    11.95 acres

offered at $2,250,000

Orono is sought for its larger 2 acre lots, for those looking for space.  It is usually only when you head up to Medina to search for real estate are you able to find 10+ acres that is usable.  Orono Estate is the exception.  Located at 3020 Watertown Road, just west of Crystal Bay Rd, here you experience a slice of Heaven.  Filled with an array of landscaping; from woods, the pond, a prairie professionally restored with wildflowers, the property is able to quickly remove you from the convenient location in the heart of Orono, minutes from Orono School.  From spring to fall something new is blooming every day.  With the privacy and quiet of the lot brings an abundance of wildlife that add to the life of the landscaping.  

Orono Estate | 3020 Watertown Road Orono MN 55356...

6345 Virginia Drive Excelsior MN 55331 - MLS 4622352

6345 Virginia Drive Excelsior MN 553316 Bed, 5 Bath, 5883 SF, 1 Acre

offered at 920,000

What does Lake Minnetonka and Georgian Style Architecture have in common? The home for sale at 6345 Virginia Drive.   With grand curb appeal, the home is a perfect match if you want to avoid cookie cutter homes.  The spacious interior of the home features 5883 finished square feet with double master suites.  With one on the main level and a second on the upper.   The main level features a two story family room off the large kitchen.  The home is very bright with natural light flowing in through the many windows.  What I especially love about this home is the amount of sunlight that comes in during the winter months.  Specifically the family room and...

3570 Montgomerie Ave Deephaven MN 55391

3570 Montgomerie Ave. Deephaven MN 55391 - Living Room example To Be Built: 3570 Montgomerie Ave | 4 Bed, 3 Bath, 2714 SF, 3 Car .46 ac - $898,073     
              

For Generations homeowners have enjoyed the unique charm and lifestyle of Deephaven USA.  Now is your opportunity to build new in this all-American town on the shores of Lake Minnetonka.

This isn’t a dream. Or is it? Vernacular Revival in style, this home is by nature a comfortable, calm sanctuary. The architectural clean lines combined with simple elegance are perfectly suited for the spacious lot nestled in the heart of Deephaven Park.  The well-chosen design combined with mindful materials make the home not only pleasing to the eye, but sustainably efficient as well. Specifically, here’s what the build includes.... 4 bedrooms on the upper level including the spacious master suite, 3 baths, 3 car garage with 2714 FSF on a 1240 SF foundation.  There is an additional 1143 unfinished square feet in the full basement which includes a roughed...

2015 1st Quarter Summary for the Lake Minnetonka Luxury Home Market

2015 1st Quarter Summary for Lake Minnetonka's Luxury Home MarketWarmer than normal spring temperatures contributed to the April 5th ice out date on Lake Minnetonka; 19 days earlier than last year!   The warmer temps also brought a total of 30 real buyers to the Lake Minnetonka luxury home market during the 1st quarter of 2015, a 7% increase over the 1st quarter of last year.  The closed transactions had an average of 315 days on market, a year over year increase of 128%.  The increase was supported by the additional of homes on the market over last year's 1st quarter.  As we mentioned in the 2014 year-end review, the $800k to $900K price range remains extremely active fueled by the continued lower interest rates.  However, for the first quarter of 2015 the $900K to $1M price range set the mark as the highest percent of original list price received at 98.3%.  The local luxury market as a whole stands at 90% of original list price received for 1st quarter.   The absorption rates increase by 50% from the start of the year to 22.27 months with the $800K to $900K...

Lake Minnetonka's Groundhog Day

Groundhog Day celebrates the timing of the upcoming spring.  In a similar way, Lake Minnetonka locals look for Gabriel Jabbour's (Tonka Bay Marina) steel hull icebreaker to celebrate the timing of the ice out, which also marks the start to the boating season.  Above the icebreaker is making headway, just outside of Excelsior Bay, towards Tonka Bay Marina by cutting through and breaking apart the ice, helping it melt faster.  Once the ice is out, the first boats back on the water from Tonka Bay Marina will the charter boats starting with Al & Alma's Belle Vista.

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Barker Hedges Group #4 in Sales for 2014

LakeMinnetonkasRealEstate.com Barker Hedges Group The Barker Hedges Group ranked #4 in total sales volume for 2014.   We experienced a 15% growth in sales over 2013.  Thank you to all our clients who gave us the opportunity for the first time and once again to serve you and your real estate needs.  We are honored to work with you, our wonderful clients, on a daily basis.  Thank you!! 

Contact us to let us know how we can help you achieve your real estate goals.  We look forward to being of service to you and your real estate needs in 2015!!

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35 Fairhope Ave Tonka Bay MN 55331

35 Fairhope Avenue Tonka Bay MN 55331Sunrise at Lafayette is a beautiful lakefront home for sale on Lake Minnetonka’s Lafayette Bay.  The two-story Floridian feeling home is located in the city of Tonka Bay in the Minnetonka School Dist. and features 2271 square feet with 3 bedrooms on the upper level and 2.5 baths.   The highlight of the upper level is the relaxing master suite.  The master suite is just over 700 square feet which includes a personal sitting area, a sun room and an updated full master bath with separate shower featuring heated marble floors.  The tranquil views from the wall of windows in the master retreat looking out to Lafayette Bay and Big Island provide a private backdrop.  The main level is complete with formal dining, a quaint kitchen, with breakfast table that looks out to the lake through one of the three large bay windows and a spacious living room with a gas log fireplace that is perfect for those cozy evenings.  Every room in the home is flooded with natural light.  The design of the home provides complete privacy from the nieghbors while maximizing the unmatched views of Lake Minnetonka.35 Fairhope Avenue Tonka Bay MN 55331...

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