Lake Minnetonka Real Estate Blog

3090 Dartmouth Drive - Video Tour

Paul Johnson with RE/MAX Results met up with John Boyer from Boyer Building Corporation for a personal tour of their former luxury parade home at 3090 Darmtouth Drive, Chanhassen MN 55331.  For more information click on MLS 4545786.

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History of The Thompson Summer Cottage

The Thompson House awaits summerAs the railroad expanded westward, so did many of the vacationers that once visited Lake Minnetonka.  With the fewer amount of vacationers, lakeside summer homes became common.  Among the first was the Thompson Summer Cottage.  

Most likely you’ve passed this Queen Anne gem dozens of times as you’ve wound around the shoreline on County Road 15.  Perhaps you’ve even been stuck right outside as you approached the westbound stoplight at county road 19 during rush hour traffic.  

Charles Telford Thompson, an attorney and civil leader purchased the land from James J. Hill in 1886.  A year later the cottage was built in 1887.  The home was strictly used as a summer house and continues to this days.  Guests originally arrived from Minneapolis by train or by streetcar boat via Excelsior.  The home was accessed via the railroad and horse path that ran along the rear of the home.  You couldn’t drive through the sloping front lawn until 1924, when County Road 15 was built.

The home is situated on Lafayette Bay and down the shoreline from the old Lafayette Landing, the once regular stop on the streetcar boat line in Minnetonka...

2014 Year End Review for the Lake Minnetonka Luxury Home Market

2014 Year End Statistics for the Lake Minnetonka Luxury MarketThe best phrase to describe the 2014 Lake Minnetonka Luxury market (the top 10% of sales in the local market) is the continuation of 2013's recovery.  Below are the main talking points for the luxury market starting with a surprising stat.  There were 190 buyers who closed on homes in the luxury market for the year, this equated to a 10% drop in the total number of buyers compared to 2013.  The $1.5M to $1.75M price range was the most affected with the drop as only 8 buyers closed in this range, a 65% decrease from 2013 and the largest percentage drop in the luxury market price ranges.   Staying in that price range, the supply of homes remain the highest at 22 months of inventory as we head into 2015.  On the bright side, the $2.5 million and above price range brought in 26 buyers, an 85% increase over 2013.  The Median and Average sale price for the 2014 Lake Minnetonka luxury home market remained mostly flat at $1,199,000 and $1,489,000 respectively.  The statistics for percent of original price received experienced a slight increase of 1.34% to 90.2% while days on market dropped to 185, the lowest level since 2006.   $800K to $900K continued to be the most active...

3090 Dartmouth Drive Chanhassen MN 55331

3090 Dartmouth Drive Chanhassen MN 55331Has your home purchase been placed on hold due to the lack of artistically designed family homes in the Lake Minnetonka market?  The Villa of Minnewashta is the perfect balance of art and family life.   The 5585 sqft Tuscan style home boasts traditional spaces and an open floor concept designed by De Novo.  The attention to detail is shown in the features and finishes across the home’s interior and exterior.  Romens Interiors, the interior designer of the home, fondly points out the intricate wood work that turns the Sub-Zero fridge, hidden within the cabinetry, into a work of art.3090 Dartmouth Drive Chanhassen MN 55331The layout has 4 bedrooms on the upper level, including the 800 square foot master suite, and the 5th bedroom on the lower lever. With over 80 aluminum clad low-E windows around the home, even the lower level walk-out...

Lake Minnetonka Lifestyle - South Upper Lake

Michael & Sagit

HOW DOES LAKE MINNETONKA LIVING ENHANCE YOUR LIFE?The Enchanted House - Living room

It’s a great place to spend time with family and friends.  Just being by the lake creates a sense of calm and relaxation, but at the same time is an exciting environment for water sports, fishing, dining and social activities.

WHAT ACTIVITY DO YOU ENJOY MOST ON THE LAKE?

Spending time with family and friends.  Boating in the evening when the water is very calm and watching beautiful sunsets.

WHAT IS THE BEST FEATURE OF YOUR LAKE MINNETONKA HOME?

The excellent, secluded location with panoramic views of the lake, virtually from every room.

CAN YOU SHARE WITH US YOUR FAVORITE LAKE MINNETONKA MEMORY?

Enjoying holiday get togethers with family, lots of food and fun.

The Enchanted House

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Fall Decor Inspired by Lake Living

Fall Place Setting - Lake Living InspiredThis season on Lake Minnetonka, let the beauty of fall inspire you.  Honor this time of year by recreating nature’s grandeur at a table for family and friends.  Use the guide below and your resources in the surrounding Lake Minnetonka communities to help you form your fall table.

1.  Color.  Let nature be your guide here.  Look around, take note of what inspires you and choose colors that appeal to you.  Warm golds and creams, fall leaf orange and bright sky blue inspired us.

2.  Use natural elements.  Take advantage of fall’s gifts; flowers, tree branches, leaves, apples and pumpkins are just some of your choices.  We were motivated by a low antique candy dish to hold orange mums.

Fall Place Setting - Lake Living Inspired3.  Function.  Well-appointed table decor is the product...

5 Tips to Sell Your Home

5 Tips to Sell Your Lake Minnetonka Home

Using the 5 tips below will allow you to bring your home to the forefront of buyer's eyes.

5- Space

Stage furniture for pictures AND showings to leaving closets half empty, buyers are looking for space in their next home.  Working with a stager or interior designer to properly display your home's layout and space is a worthwhile investment.

4- Lighting 

Buyers love lighting and prefer natural when possible.  Removing drapes, cleaning interior and exterior windows, trimming trees back from the windows and even using full spectrum light bulbs will help to create a blissful environment.  

3- Pets

Buyers prefer not to see the remnants and belongings of pets in the home they are looking to purchase.  A smelly litter box, dog food dish and pet hair are easy turnoffs in buyer’s minds.  Properly cleaning and removing pet odors from the home is the bare minimum in preparing your home for its next owner.  

2- De-personalize

Help buyers envision their family living in the home.  Remove personal...

Healthy Home - Interior Light Management

Full Spectrum Light ComparisonAn essential step to achieving home health is implementing light management. Light Management is a term used by Dr. Sean O’Mara to describe the strategy of managing the influences of different types of light in your home. Dr. O’Mara is the founder of Medical Concierge Wellness, a company that focuses on optimum health and well-being. “Lighting is fundamental to our health. It has played a significant role in our lives since the beginning of time,“ says Dr. O’Mara.

“Both the presence and absence of light (darkness) have a biological effect on our bodies. Things happen because of light. Humans, as well as animals are programmed to respond to light. Ideally, as light increases, our brains begin to naturally increase the production of the hormone cortisol, thereby increasing alertness. As light decreases, such as in the evening, the brain naturally begins to increase the production of the hormone melatonin, and we become more restful,” says O’Mara.  To capitalize on the natural effects of light in your home, O’Mara suggests using full spectrum lighting. Full spectrum lighting incorporates a hard presence of blue light...

The History of Noerenberg Memorial Gardens

Frederick Noerenberg HomeIf you have wondered why walking the grounds of Noerenberg Memorial Gardens feel so tranquil and peaceful, it may be helpful to know that the care and generosity cultivated on this land started over one hundred years ago.  Among the first settlers on Lake Minnetonka, Frederick Noerenberg, the founder of the Grain Belt Brewery, built his family estate on this site overlooking Crystal Bay in 1890 and named it Wilkommen. 

English in design, the Queen Anne inspired home was set on 73 acres and nearly 8,500 feet of Lake Minnetonka shoreline.  Alongside the staff of 17, the meticulously manicured tiered rose beds and groomed grasses were maintained by Noerenberg and his wife, Johanna. The northern part of the original Gilded Age estate included a gentlemen’s farm.  The livestock raised here went to supply the family as well as area establishments. The estate was doted upon for years by the Noerenberg’s daughter, Lora Noerenberg Hoppe.  Hoppe lived in the home until her death in 1972.  She was 85.  The family’s wish was to raze the home and dedicate the garden and farmland to...

Lake Minnetonka Luxury Home Buyer Statistics

Lake Minnetonka Luxury Home Market BuyersAbove is a recap, as we head into the fall market and the Parade of Homes tour here, on the number of real buyers who purchased homes in our Lake Minnetonka luxury real estate market over the past 12 months.   Luxury home market is broken into 8 prices ranges on the chart that total the 178 luxury home buyers over the past 12 months.  178 buyers equates to a 17% drop year over year ending September 1st.  Factors that hampered the market included the prolonged extremely cold winter and record breaking rainfall 2nd quarter rainfall.  With the slow start to 2014 the market was never able to rebound.  The hardest hit price range was the 1.5M-1.75M which experienced a drastic 54% drop in buyer activity.  On the other side of the coin, the 1M-1.25M price range provided a slight but positive 3% increase of real buyers.   Not featured on the chart was a 5% increase in median sales price and a 17% decrease in days on Lake Minnetonka luxury market year over year.  For additional information on the Lake Minnetonka market, real time pricing trends and more click on ...

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