See Which Lakefront Homes Fetch the Highest Price in Minnesota
Everybody knows that Minnesota is the home to a thousand lakes, but what they don’t know is that it’s also the host of homes boasting over 7,000 square feet with views of some of the best lakes in the country. Get inspired by these jaw-dropping mansions on the lake with amenities that rival resorts, and property sizes that put you in completely other counties.
Top 5 Most Expensive Lakefront Homes in Minnesota
5. 835 Hunt Farm Road, Orono, MN 55356
Huntington Manor combines unparalleled old-world design with modern amenities. A majestic and welcoming home built for luxury living and entertaining, the main level features gourmet kitchen with walk-in fridge, pantry, 3-season porch, private office, large mudroom, and floor-to-ceiling windows with sprawling forest views.
4. 2825 Little Orchard Way, Orono, MN 55391
This European inspired estate is on 360 feet of lakeshore with 5+ private acres. You find some rather unique and unparalleled amenities and craftsmanship galore, including a 3-hole golf course, lakeside guest house, apartment, theater, wine cave, infinity pool, and private gym.
3. 3350 Fox Street, Orono, MN 55356
A world-class combination of timeless architectural design and craftsmanship, this private sanctuary offers old-world elegance with modern conveniences. The home features breathtaking gardens, extraordinary water views, and amenities that include a tranquil 7.2 acre setting with 700+ feet of south-facing shoreline, vast library, home office, game room, gym, and outdoor kitchen.
2. 1400 Bracketts Point Rd Wayzata, MN 55391
This mansion set on a peninsula commands a major share of the lake's most prominent point, Bracketts Point. This 13-acre estate has a magnificent 360-degree view of the lake and is steeped in history with new renovations. What’s noteworthy about this home is that in September 2007, it went on the market for $53.5 million but was ultimately sold for $11.3 million in 2018.
1. 3770 Northome Rd, Wayzata, Minnesota
This coveted estate is situated on the highest point of Lake Minnetonka. This home full of fine craftsmanship is the most expensive home on the market in Minnesota. Amenities include a luxurious master suite, epicurean kit, pool house with viewing terrace, sport court, bowling alley, golf simulator, state of the art exercise facility, theater, rooftop sky deck, one-of-a-kind Cavern Music Club, and lakeshore views from every room.
Is Lakefront Property in Minnesota a Good Investment?
There’s nothing quite like waking up to a morning sunrise and looking over a lake with water as still as glass. It can make you think, is lakefront property a good investment? The short answer is yes. One of the best investments that anyone can make is lakefront real estate. Market studies show these property values grow rapidly above the original purchase price with annual appreciation risings each year. The national average growth for lakefront property is around four percent compared to one or two percent for a standard property.