2015 was an excellent year for Minnesota Luxury Homes. In fact, this year marked a 15% increase in sales of $1,000,000+ homes, jumping from about 400 sales in 2014 to over 460 homes in 2015. What’s even more amazing is the sales of luxury homes at $2,000,000 and above, which rose nearly 35% from 60 last year to over 80 this year! With that last thought in mind, let’s take a look at this year’s top ultra-luxury home sales in Minnesota, dominated in 2015 by the Lake Minnetonka market:
#5: 4300 Chimo Street East, Deephaven, MN 55391
4 Bedrooms, 8 Baths, 8,471 FSF
Sold Price: $4,327,480
This luxurious home built in 2000 has all the high-end features one would expect from an extremely upper-bracket home, plus a spectacular estate lot with sprawling frontage on Carson’s Bay, Lake Minnetonka. This is one of the most coveted locations on the lake, in a small enclave of very exclusive homes. And thank goodness they got the extra $480 on the price tag!
#4: 1280 Brackett’s Point Rd, Orono, MN 55391
6 Bedrooms, 6 Baths, 6,703 FSF
Sold Price: $4,300,000
This exceptional home is located on Brackett’s Point Road, which serves a small peninsula of homes on Lake Minnetonka, with Smith’s Bay on one side, and Brown’s Bay on another. Big Island lies in wait just across the bay. This is the place to be! And for just over $4,000,000, someone got the opportunity to live the lake lifestyle in all its glory in 2016!
#3: 320 Ferndale Rd S, Wayzata, MN 55391
5 Beds, 5 Baths, 7,117 FSF
List Price: $5,000,000
This 2002-built Lake Minnetonka home fronts on Wayzata Bay, and is just a stone’s throw from downtown Wayzata’s renowned restaurants and boutiques. This is one of those homes that is meticulous on every level, from the flawless interiors to the manicured grounds, to the panoramic views from nearly every room in the home.
#2: 300 Country Rd 6, Orono, MN 55391
5 Bedrooms, 8 Baths, 8,416 FSF
List Price: $5,300,000
Can you say luxury estate? 93 acres of prairie, woods, orchards, and fields nestled on the shores of Mooney Lake, and one of the most significant upper bracket holdings out west. Over 1,700 feet of shore, plus an amazing 8,000 sf home and pool to complete the package.
#1: 19550 Cedarhurst, Deephaven, MN 55391
11 Bedrooms, 7 Baths, 11,571 FSF
List Price: $5,825,000
Location, location, location! Located in Robinson’s Bay in lower Lake Minnetonka, this luxury home features over 11,000 sf of glass and stone, tennis courts, a swimming pool overlooking the lake, private points and trails, and 113′ of shoreline. A prestigious location in the epicenter of the lifestyle! To see more homes for sale from all the Lake Minnetonka communities, including Deephaven, Excelsior, Greenwood, Minnetonka Beach, Minnetrista, Mound, Shorewood, Spring Park, Tonka Bay, Victoria, Wayzata, and Woodland, take a look below.
