Minnetonka

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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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...

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 Beach....

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 price...

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 is...

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

Currently,...

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 of balancing...

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