Minnesota’s luxury real estate market thrives on its serene lakes, wooded expanses, and palatial estates that offer both privacy and architectural splendor. Whether nestled on Lake Minnetonka or set deep within quiet townships, these homes elevate living with features like private bowling alleys, expansive wine cellars, and indoor pools fit for a five-star resort.
Here’s a curated look at some of the most expensive houses currently on the market in the Land of 10,000 Lakes.
5. Minnetrista, MN – $6,800,000
Set behind private gates on 2.2 acres along Lake Minnetonka, this 1989-built estate offers 22,376 square feet of space with 8 bedrooms and 19 bathrooms. With 192 feet of sandy shoreline, the home includes indoor and outdoor pools, a lakeside kitchen, sauna, wine cellar, ballroom, and two guest residences. Offered at $6,800,000, it also features a seven-stall heated garage, commercial-grade elevator, 40-zone HVAC system, and access to an award-winning school district.
Where is Minnetrista?
Minnetrista is a city in Hennepin County, Minnesota, west of Lake Minnetonka. It combines residential neighborhoods with agricultural land and numerous lakes, including Whaletail Lake and parts of Lake Minnetonka. The name comes from the Dakota word meaning “crooked water.” Minnetrista has seen suburban growth while maintaining rural elements and is part of the Westonka and Waconia school districts.
Living Room
Tall arched windows and chandeliers frame the living room, where white armchairs and a curved sectional face the view and a grand piano. Polished marble floors reflect the light pouring in from the lake-facing wall, which opens to a patio beyond. Entry points to adjacent rooms sit under a sweeping upper-level overhang.
Kitchen
Curved island with five stools defines the kitchen layout, centered under recessed lights with white cabinetry and crown molding throughout. Stainless steel appliances and a wide range hood sit along the back wall. Dark wood flooring adds contrast to the otherwise bright space.
Bedroom
Sitting area and bed share the large footprint in the bedroom, where chandeliers, columns, and full-length curtains create a grand layout. Wood floors stretch wall to wall, broken only by a soft rug under the center seating zone. Arched window bays and crown molding extend the classic detailing.
Bathroom
Centrally placed jetted tub anchors the bathroom, surrounded by built-in white vanities and patterned wallpaper. A pair of French doors opens to the exterior, and mirrored storage adds symmetry across the back wall. Marble flooring and gold-tone fixtures keep the design consistent with the home’s formal style.
Pool Area
Lakeside pool is bordered by a wide concrete terrace and brick balustrade fencing, with lounge chairs positioned for full sun exposure. A mix of mature trees and water views surround the space. Entry to the home sits just beyond a side wall along the red-brick façade.
Listing agent: David Gooden of Dane Arthur Real Estate Agency, info provided by Coldwell Banker Realty
4. Orono, MN – $9,995,000
Built in 1999, this 9,683 square feet single-family home sits on 2.88 acres at Bohns Point with 350 feet of southwest-facing shoreline on Lake Minnetonka. It features 4 bedrooms, 6 bathrooms, a guest cottage, multiple entertaining areas, and both attached and detached heated garages. Listed at $9,995,000, the property combines privacy with panoramic lake views and detailed East Coast-inspired architecture.
Where is Orono?
Orono is a city in Hennepin County, Minnesota, located along the northern shores of Lake Minnetonka. It is largely residential, known for its spacious lots, woodlands, and lakefront homes. The city was incorporated in 1955 and includes parts of the former townships of Excelsior and Medina. Orono shares school services with nearby communities through the Orono School District.
Living Room
Wide lake views stretch across the living room, where a blue sectional and striped armchairs are arranged around a white coffee table on a soft gray rug. White paneled ceiling and walls create a coastal atmosphere, with glass doors and windows opening to the lawn and water. The space flows directly into the adjacent kitchen and sunroom, keeping the layout open and connected.
Kitchen
Yellow-accented lights line the ceiling in the kitchen, which features white cabinetry, butcher-block countertops, and a green center island with seating. Stainless steel appliances and a farmhouse sink sit below a run of tall windows. Painted beams and natural wood flooring give the space a relaxed, coastal feel.
Bedroom
Vaulted ceiling with exposed beams crowns the bedroom, which includes a plush bed, built-in shelving, and soft carpeting. French doors open to a private balcony with views of the trees and water. Pale yellow walls and white trim reflect the home’s light, breezy style.
Bathroom
Glazed wood ceiling and hardwood floors run through the bathroom, which features a glass-enclosed shower and a porcelain pedestal sink. Twin vanities with golden countertops sit on either side of the space, framed by large windows with lake views. Ceiling-mounted lights and wall panels add traditional detailing.
Listing agent: Jeffrey Dewing of Coldwell Banker Realty
3. Excelsior, MN – $10,000,000
This 7,378 square feet Lake Minnetonka estate, built in 2015, spans three parcels across 1.6 acres with 199.4 feet of shoreline. Featuring 4 bedrooms, 6 bathrooms, and high-end design throughout, the home includes an elevator, custom millwork, and a heated four-car garage. Listed at $10,000,000, it comes with two additional lots offering space for a guest house, pool, or private retreat.
Where is Excelsior?
Excelsior is a city in Hennepin County, Minnesota, situated on the southern shore of Lake Minnetonka. It was founded in the 1850s and developed as a resort and steamboat hub in the 19th century. Today, Excelsior features a historic downtown, a public beach, and the Minnesota Streetcar Museum. It remains a popular destination for lakeside dining, shopping, and seasonal events.
Screened Porch
Full-height windows line the screened porch, where cushioned seating is arranged around a black coffee table on a woven rug. Ceiling is finished in natural wood with recessed lights and a ceiling fan overhead. Blue printed chairs and striped pillows bring a nautical touch to the relaxed space.
Living Room
Vaulted ceiling with exposed beams rises above the living room, where three sofas form a U-shape around a wood coffee table. Central stone fireplace stretches to the peak of the wall, framed by tall windows and round transoms on each side. Painted paneling and soft textiles maintain a bright, neutral palette.
Dining Area
Large windows wrap around the dining area, framing views of a wide green lawn and lake beyond. A rectangular table with woven chairs sits on a patterned rug beneath a simple chandelier. Shiplap walls and stained glass panels add detail to the casual lakeside setting.
Bedroom
Sloped ceiling and sliding doors open the bedroom to natural light and outdoor access, with a fireplace and built-in shelving across from the bed. Neutral tones dominate the space, which includes patterned chairs, carpeted floors, and white paneled walls. Display nooks and a media cabinet are integrated into the wall unit.
Bathroom
Freestanding tub is positioned between two vanities in the bathroom, placed under a set of angled windows that follow the pitched ceiling line. Framed mirrors and soft lighting fixtures sit above each counter, while pale flooring extends throughout. The symmetrical design blends light finishes and crisp detail.
Listing agents: Sharla Stafford, Eric Stafford of Coldwell Banker Realty
2. Perham, MN – $14,000,000
Set along a quiet lakefront in Central Minnesota, this 2005-built estate offers 13,991 square feet of space designed for living and entertaining. Inside are 6 bedrooms and 8 bathrooms, a gourmet kitchen, multiple dining areas, a primary suite with private sitting room and fireplace, and a basement complete with wet bar, billiards room, and dual wine cellars holding up to 3,000 bottles.
Priced at $14,000,000, the property also includes a detached garage with room for 20 cars, high-speed fiberoptic internet, and proximity to an airport with a 5,200-foot runway.
Where is Perham?
Perham Township is located in Otter Tail County, Minnesota, in the west-central part of the state. It surrounds the city of Perham but remains a separate township with its own local governance. The area includes farmland, lakes, and rural residences, supporting agriculture and seasonal tourism. It lies within driving distance of numerous recreational lakes and outdoor areas in the region.
Great Room
Tall arched windows and a carved fireplace define the great room, which features a double-height ceiling with paneled beams and pendant lighting. Seating includes twin sofas and high-back armchairs arranged around a center table on an area rug. Balcony overlook and arched interior walls add vertical depth and symmetry.
Dining Room
Wood-paneled ceiling and terracotta tile floor frame the dining room, where stained glass and chandeliers define the traditional interior. Multiple tables with lace tablecloths fill the space, bordered by built-in cabinets and a full china hutch. Arched doorway connects the space to the main hall with views of adjacent rooms.
Library
Wall-to-wall bookshelves line the library, where wood coffered ceilings and a central fireplace create a warm, enclosed feel. Seating includes patterned sofas and red leather armchairs set on a detailed rug. Chandeliers and inlaid cabinetry complement the traditional reading space.
Lower Lounge
Sectional sofa, game tables, and open bar area create the layout in the lower lounge, lit by flush-mounted ceiling fixtures. Columns divide the space into entertainment and seating zones, with wood-paneled walls throughout. An arched window and decorative trim bring character to the informal gathering area.
Aerial View
Manor-style home is positioned along a curved shoreline, surrounded by manicured lawns and dense tree cover. Stone terraces and balconies step down from the main level toward the water, while walking paths weave through the property. Rooflines and window arches suggest a mix of Mediterranean and classical design influences.
Listing agent: Beau Flom of Fpg Realty, info provided by Coldwell Banker Realty
1. Woodland, MN – $55,000,000
This 28,980 square feet estate in Woodland sits on 8 acres with 655 feet of west-facing shoreline on Lake Minnetonka. The property includes 8 bedrooms, 18 bathrooms, a main house, two guest houses, a pool house, a lake porch, and a waterfront boathouse.
Listed at $55,000,000, the residence results from a multi-year collaboration among renowned architects and designers and offers exceptional privacy and craftsmanship throughout.
Where is Woodland?
Woodland is a small city in Hennepin County, Minnesota, located along the shores of Lake Minnetonka. It is primarily residential, with a population of under 500 and large, wooded lakefront properties. The city is part of the Twin Cities metropolitan area and is known for its proximity to Wayzata and Minnetonka. Woodland was incorporated in 1948 and maintains a rural, low-density character.
Living Room
High ceilings and full-height windows frame the living room, where cream-colored sectionals gather around a mirrored coffee table and crystal chandelier. Glass walls slide open to reveal a terrace with direct water views, blending indoor and outdoor space. Decorative trim, uplighting, and neutral tones emphasize the expansive layout.
Office
Dark wood shelving and coffered ceilings define the office, arranged with a leather chair and wood desk centered on a patterned floor. Built-in glass cabinets hold crystalware and books, while large windows overlook the landscaped yard. Pair of zebra-print chairs offers a seating area near the corner.
Bedroom
Tall black-trimmed windows stretch across the wall of the primary bedroom, offering direct views of the water from the bed and sitting area. Crystal lighting mirrors the ceiling design of the living room, maintaining visual flow between the spaces. Pale tones and layered textiles soften the large, open plan.
Bathroom
Glossy marble surfaces run across the primary bathroom floor, walls, and ceiling, anchored by a chandelier and freestanding soaking tub. Dual vanities sit on opposite walls, with mirrors and lighting built seamlessly into the millwork. Full-height windows bring outdoor light into the space without compromising its symmetry.
Bowling Alley
Two lanes run the length of the private bowling alley, set between stone pillars and under recessed lighting with scoring screens overhead. A wood bar with leather stools provides seating near the entrance, while additional monitors hang along the ceiling. Natural materials and layout give the entertainment space a luxury lounge feel.
Listing agents: John C Adams, John Frederick Adams of Compass, info provided by Coldwell Banker Realty
