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New Construction Homes for Sale in Minnetonka, MN

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  • /52

    $824,900 Custom Home

    5754 Shady Oak Rd S Unit 1, Minnetonka, MN 55343

    • 2 Beds
    • 2 Baths
    • 2,435 Sq Ft

    Can you update and just add this at the beginning for Agent and public remarks on Oak Cov #1 and #7 SINGLE LEVEL LIVING Private Garage an Storage on main level. Elevator takes you to vestibule with only one neighbor on each floor. Located in one of the most sought-after areas of the Twin Cities, this home offers easy access to everything. It lives like a condo, yet provides a private entrance,

    Kevin Mullen Lakes Sotheby's International

    5754 Shady Oak Rd S Unit 1, Minnetonka, MN 55343
  • /63

    $2,299,000 Custom Home

    5534 Conifer Trail, Minnetonka, MN 55345

    • 5 Beds
    • 5.5 Baths
    • 6,141 Sq Ft

    Set on a tranquil waterfront setting, this exceptional Minnetonka home pairs elevated design with everyday ease—highlighted by a sunroom overlooking Clear Springs Pond and multiple outdoor living spaces. The chef’s kitchen is a showpiece with smart appliances, two double ovens, a butler pantry, and an oversized walk-in pantry, flowing into entertaining and gathering spaces. Enjoy a highly

    Amber Tyrrell Lakes Sotheby's International Realty

    5534 Conifer Trail, Minnetonka, MN 55345
  • /79

    $1,499,000 Custom Home

    14759 Mcginty Rd W, Wayzata, MN 55391

    • 6 Beds
    • 4.5 Baths
    • 4,091 Sq Ft

    Completed new construction in highly desirable Minnetonka, bordering Wayzata—without the Wayzata price tag and minutes to the lake. This striking, elegant home has it all! Exceptional craftsmanship, 11’ high ceilings (9’ lower level), and a sun-filled, practical layout. Stunning kitchen with oversized quartz island, marble backsplash, coffee bar, and a large walk-in pantry. Spacious bedrooms with

    Eugene Og Bridge Realty, LLC

    14759 Mcginty Rd W, Wayzata, MN 55391
  • /63

    $1,647,900 Custom Home

    5034 Sparrow Rd, Minnetonka, MN 55345

    • 5 Beds
    • 3.5 Baths
    • 4,404 Sq Ft

    Nestled in an established Minnetonka neighborhood, this gorgeous new build home from award winning Castle Gate Construction is tucked back into your half acre lot among mature trees, offering a mix of privacy, tranquility and convenience. Inside, you’ll find a well-appointed floor plan designed for both everyday living as well as entertaining. Much of the main level has a sprawling open concept

    Jennifer Yankovec RE/MAX Advantage Plus

    5034 Sparrow Rd, Minnetonka, MN 55345
  • /38

    $1,299,000 Custom Home

    14709 Glendale Rd, Minnetonka, MN 55345

    • 5 Beds
    • 4.5 Baths
    • 4,038 Sq Ft

    Discover a rare opportunity to own a brand-new home on a beautifully positioned 0.47-acre corner lot in the heart of Glen Lake! Thoughtfully designed and crafted by Forma (a division of Construct All Corp), this stunning home blends timeless architecture with modern functionality, offering spacious living, premium finishes, and an expanded 3-stall garage.Nestled in a highly sought-after

    Emily Wendt Real Broker, LLC

    14709 Glendale Rd, Minnetonka, MN 55345
  • /12

    $5,350,000 Custom Home

    12743 Elevare Ct, Minnetonka, MN 55305

    • 5 Beds
    • 5.5 Baths
    • 6,062 Sq Ft

    Modern luxury meets architectural artistry in Elevare — Minnetonka’s newest and most exclusive enclave of contemporary homes. Designed by Modern Oasis in collaboration with Charles Stinson Architecture, built by Swanson Homes, and curated by Carbon 6 Interiors, this residence blends timeless materials, organic textures, and a warm modern aesthetic. Set on a 1+ acre wooded lot, this 5-bedroom home

    Blake Swanson New Haus Real Estate, Inc.

    12743 Elevare Ct, Minnetonka, MN 55305
  • /46

    $699,900 Custom Home

    5742 Shady Oak Rd S Unit 7, Minnetonka, MN 55343

    • 2 Beds
    • 2 Baths
    • 2,194 Sq Ft

    Can you update and just add this at the beginning for Agent and public remarks on Oak Cov #1 and #7 SINGLE LEVEL LIVING Private Garage an Storage on main level. Elevator takes you to vestibule with only one neighbor on each floor. Located in one of the most sought-after areas of the Twin Cities, this home offers easy access to everything. It lives like a condo, yet provides a private entrance,

    Kevin Mullen Lakes Sotheby's International

    5742 Shady Oak Rd S Unit 7, Minnetonka, MN 55343
  • /78

    $3,395,000 Custom Home

    3061 Lake Shore Blvd, Wayzata, MN 55391

    • 6 Beds
    • 5 Baths
    • 5,999 Sq Ft

    New Construction: Beautiful lake home offering nearly 50 feet of lakeshore overlooking Libbs Lake connected to Lake Minnetonka. This home hits the mark with lakeside living featuring 4 outdoor living spaces- all with panoramic lake views! The interior of the home is lake focused as well with views from nearly every room- all set for enjoying lake life. Noteworthy finishes: primary suite with

    Tony Sarenpa Keller Williams Premier Realty Lake Minnetonka

    3061 Lake Shore Blvd, Wayzata, MN 55391
  • /42

    $2,464,000 Custom Home

    11405 Timberline Rd, Hopkins, MN 55305

    • 5 Beds
    • 6.5 Baths
    • 4,092 Sq Ft

    Modern Design. Storied Setting. Exceptional Access. A David Charlez–Designed Residence, built by Swanson Homes.In a secluded Minnetonka neighborhood, cradled by woodland, wetland, and a serene pond, a distinctive design–build opportunity awaits. This expansive 1.33-acre property—enhanced by more than $40,000 in professional design work, secured city approvals, and a CUP/variance for an

    Daniel Gustafson Coldwell Banker Realty

    11405 Timberline Rd, Hopkins, MN 55305
  • /25

    $2,100,000 Custom Home

    4404 Wilson St, Minnetonka, MN 55345

    • 5 Beds
    • 6 Baths
    • 6,015 Sq Ft

    Welcome to 4404 Wilson Street, an exceptional new construction custom home set on over half an acre in the heart of Minnetonka. Built by Tonkawood, a boutique custom builder dedicated to quality, this residence reflects a deeply intentional approach to design, where every material, finish, and detail has been carefully considered to create a home rooted in craftsmanship, longevity, and timeless

    4404 Wilson St, Minnetonka, MN 55345
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    $2,250,000 Custom Home

    12803 Woodhaven Place, Minnetonka, MN 55305

    • 3 Beds
    • 2.5 Baths
    • 4,206 Sq Ft

    Just completed and available model home in Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling

    David Stickney Coldwell Banker Realty

    12803 Woodhaven Place, Minnetonka, MN 55305
  • /13

    $2,850,000 Custom Home

    2203 Oakland Rd, Hopkins, MN 55305

    • 5 Beds
    • 4.5 Baths
    • 6,087 Sq Ft

    This exceptional 5-bedroom, 5-bath, custom-built home by Zehnder Homes showcases elevated design, craftsmanship, and high-end finishes throughout, set on a large 1.7 acre, private lot within the prestigious Wayzata School District. Every detail has been thoughtfully curated to deliver a sophisticated yet comfortable living experience. The gourmet kitchen and large working pantry are a chef's

    Eric Zehnder RE/MAX Results

    2203 Oakland Rd, Hopkins, MN 55305
  • /17

    $1,877,000 Custom Home

    5324 Spring Ln, Minnetonka, MN 55345

    • 5 Beds
    • 4.5 Baths
    • 4,502 Sq Ft

    Walkout lower level opens to a private, beautifully wooded backyard with exceptional privacy and abundant wildlife. Ideally located within walking distance to Purgatory Park trail access and a charming public library, and just 0.8 miles from the 7-Hi Shopping Center. Choice of highly regarded schools including Scenic Heights Elementary, Clear Springs Elementary, and Minnetonka High School, with

    Curt Fretham Lakewest Realty, LLC

    5324 Spring Ln, Minnetonka, MN 55345
  • /2

    $2,906,767 Custom Home

    15503 Robinwood Dr, Minnetonka, MN 55345

    • 5 Beds
    • 5 Baths
    • 5,855 Sq Ft

    Discover Wooddale Builder’s newest masterpiece on Robinwood Drive—a serene, private street in Minnetonka. This to-be-built home blends timeless elegance with modern sophistication, creating a space that feels both luxurious and inviting.Step inside and be captivated by the sun-filled living room, where floor-to-ceiling windows frame picturesque views and a stunning mantel anchors the space.

    Kevin Sperle Edina Realty, Inc.

    15503 Robinwood Dr, Minnetonka, MN 55345
  • /10

    $1,500,000 Custom Home

    4044 Merriam Rd, Hopkins, MN 55305

    • 5 Beds
    • 4.5 Baths
    • 4,245 Sq Ft

    Discover refined living in this exceptional new construction 2-Story home nestled in the heart of Minnetonka’s coveted Merriam Park neighborhood. Meticulously designed for modern lifestyles, this home offers a harmonious blend of timeless elegance and contemporary sophistication. Featuring 5 bedrooms, 5 bathrooms, and over 4,000 square feet of beautifully finished living space, the home has an

    John Gergen Bridge Realty, LLC

    4044 Merriam Rd, Hopkins, MN 55305
  • /2

    $1,995,900 Custom Home

    1517 Fairfield Rd S, Hopkins, MN 55305

    • 5 Beds
    • 4.5 Baths
    • 4,489 Sq Ft

    Nestled on a stunning lot in the heart of Minnetonka, this beautiful home offers a private retreat surrounded by mature trees on a quiet street. The main level welcomes you with a spacious great room featuring a cozy fireplace, a large kitchen, dining room, prep kitchen, study, powder bath and mud room. Upstairs, discover a generous primary suite, a convenient laundry room, and three additional

    Jeffrey Martineau Coldwell Banker Realty

    1517 Fairfield Rd S, Hopkins, MN 55305
  • /7

    $347,900 Lot/Land

    4532 Fairview Ave, Hopkins, MN 55343

    • 1 Acre
    • $347,900 per Acre

    Exceptional opportunity to secure a 1-acre homesite in a highly desirable setting in Minnetonka. Tucked along Fairview Avenue, this beautiful parcel offers the rare combination of privacy, space, andconvenience—an ideal canvas for a custom-built home.The lot provides excellent flexibility for a variety of home designs, whether you envision a walkout two-story taking advantage of the

    Kelli Gillispie Realty Executives Associates

    4532 Fairview Ave, Hopkins, MN 55343
  • /2

    $539,000 Lot/Land

    1651X Hidden Valley Rd, Minnetonka, MN 55345

    • 37,897 Sq Ft
    • $619,540 per Acre

    Stunning, large walk-out site with mature trees ready for a custom Lecy Bros. home! Design and build here in Mtka Schools with this premiere builder! Convenient, quiet location. Don't miss this opportunity!

    Ruth Lecy RE/MAX Advantage Plus

    1651X Hidden Valley Rd, Minnetonka, MN 55345
  • /3

    $439,000 Lot/Land

    12802 Woodhaven Place, Minnetonka, MN 55331

    • 32,234 Sq Ft
    • $593,243 per Acre

    Introducing Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling topography, providing an ideal canvas

    David Stickney Coldwell Banker Realty

    12802 Woodhaven Place, Minnetonka, MN 55331
  • /12

    $499,000 Lot/Land

    5038 Dominick Spur, Hopkins, MN 55343

    • 2.56 Acres
    • $194,922 per Acre

    This cul-de-sac lot boasts a picturesque protected view of 40 acres of park and open space. Incredible opportunity to acquire over 2.5 acres. This prime location offers the perfect setting to bring your dream home to life. Enjoy the convenience of being in close proximity to the scenic Shady Oak Lake! Additionally, take advantage of the nearby recreational regional trail for walking, running, and

    Mike Steadman Compass

    5038 Dominick Spur, Hopkins, MN 55343
  • /10

    $500,000 Lot/Land

    12761 Burwell Dr, Hopkins, MN 55305

    • 20,037 Sq Ft
    • $1,086,957 per Acre

    Private hide-away on the end of a quiet cul-de-sac surrounded by acres of parkland with Minnehaha Creek in your backyard! Sunny south exposure. Just 2 doors down to trailhead through Big Willow Park. Rare build opportunity in Minnetonka Mills-walk to Pizza Station and D.Q.. Bring your own builder. Tear down and build new or renovate the existing home (see single family listing #6819094 for

    Brad Olson Edina Realty, Inc.

    12761 Burwell Dr, Hopkins, MN 55305
  • /6

    $389,000 Lot/Land

    14819 Cherry Ln, Minnetonka, MN 55345

    • 34,848 Sq Ft
    • $486,250 per Acre

    Design and Build with an exceptional Builder - Lecy Bros Homes! Heavily wooded, walk-out site in the Glen Lake area. Walk to restaurants, shopping, P.O. and more! Lecy Bros Gomes offers outstanding craftsmanship; personalized designs; and over 40 years of happy homeowners in this area!

    Ruth Lecy RE/MAX Advantage Plus

    14819 Cherry Ln, Minnetonka, MN 55345
  • /6

    $530,000 Lot/Land

    4936 Shady Oak Rd S, Minnetonka, MN 55343

    • 23,522 Sq Ft
    • $981,481 per Acre

    Talk about a very hard to find lake lot close to the city plus convenient access to the LRT Trail. Enjoy Shady Oak Lake, close to downtown Hopkins and major road access. Lot access is conveniently off Shady Oak Road. A new build could potentially be a walk-out. We have build options; please inquire with your favorite real estate agent for more details.

    William Pauling Keller Williams Premier Realty Lake Minnetonka

    4936 Shady Oak Rd S, Minnetonka, MN 55343
  • /2

    $585,000 Lot/Land

    15509 Robinwood Dr, Minnetonka, MN 55345

    • 38,768 Sq Ft
    • $657,303 per Acre

    Kevin Sperle Edina Realty, Inc.

    15509 Robinwood Dr, Minnetonka, MN 55345
  • /2

    $419,000 Lot/Land

    165xx Hidden Valley Rd, Minnetonka, MN 55345

    • 24,829 Sq Ft
    • $735,088 per Acre

    Minnetonka Schools...new construction with premier builder...great package! Design and build a rambler or two-story on this fantastic walk-out site with mature trees and great access to all the Minnetonka has to offer.Lecy Bros. has over 40 years of custom building experience to put you at ease with the building process! This site is ready to go. Don't miss out on this opportunity!

    Ruth Lecy RE/MAX Advantage Plus

    165xx Hidden Valley Rd, Minnetonka, MN 55345
  • /41

    $399,000 Lot/Land

    1140X Timberline Rd, Minnetonka, MN 55305

    • 1.33 Acres
    • $300,000 per Acre

    Privacy. Location. Flexibility. A Wooded 1.33-Acre Lot in Minnetonka | Partner with Swanson Homes or Open to Any Builder. Tucked into a secluded Minnetonka neighborhood, this expansive 1.33-acre property is framed by mature woodland, a serene pond, and protected conservation land—offering the rare blend of privacy and convenience. The walkout-friendly topography and natural setting create

    Daniel Gustafson Coldwell Banker Realty

    1140X Timberline Rd, Minnetonka, MN 55305
  • /3

    $199,900 Lot/Land

    14323 Mcginty Rd W, Wayzata, MN 55391

    • 22,215 Sq Ft
    • $391,961 per Acre

    Travis Senenfelder Coldwell Banker Realty

    14323 Mcginty Rd W, Wayzata, MN 55391
  • /64

    $749,000 Lot/Land

    18830 Eastwood Dr, Excelsior, MN 55331

    • 1.44 Acres
    • $520,139 per Acre

    Discover a rare & exceptional land opportunity in the heart of Deephaven, where privacy, natural beauty & location come together seamlessly. This expansive 1.44 acre wooded lot is located at the end of a cul-de-sac & features a serene pond setting offering a picturesque backdrop for a future custom estate. Towering trees & tranquil surroundings create a peaceful retreat, while still providing

    John MacKany Edina Realty, Inc.

    18830 Eastwood Dr, Excelsior, MN 55331
  • /4

    $289,900 Lot/Land

    14705 Glendale Rd, Minnetonka, MN 55345

    • 21,344 Sq Ft
    • $591,633 per Acre

    Exciting opportunity to build in the highly desirable Glen Lake area of Minnetonka! This lot offers the chance to design and build a custom home tailored to your lifestyle, with construction completed by trusted local builder Forma. Buyers will work with Forma to create a home that fits their vision. The lot is currently vacant, allowing you to walk the property and imagine the possibilities for

    Emily Wendt Real Broker, LLC

    14705 Glendale Rd, Minnetonka, MN 55345
  • /12

    $375,000 Lot/Land

    4893 Woodhurst Ln, Minnetonka, MN 55345

    • 27,442 Sq Ft
    • $595,238 per Acre

    Fabulous 0.63-acre wooded lot with mature trees in demand Glen Lake area of Minnetonka and Chantrey Vale development of upper bracket homes. All utilities easily accessible. Located on a quiet one block street upper bracket homes. This is a special lot.

    Lindsay Strand Edina Realty, Inc.

    4893 Woodhurst Ln, Minnetonka, MN 55345
  • /2

    $259,900 Lot/Land

    16510 Lake Street Extension, Minnetonka, MN 55345

    • 22,651 Sq Ft
    • $499,808 per Acre

    Gorgeous 110' wide, 1/2 acre Lot in Minnetonka Schools, Groveland elementary. Perfect for a large, walkout rambler with a 3-4 car garage. Survey and Tree inventory in supplements. Open to any Builder.

    Tom Parker Coldwell Banker Realty

    16510 Lake Street Extension, Minnetonka, MN 55345

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Minnetonka, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Minnetonka, MN hold their value?
Yes, especially in fast-growing areas of Minnetonka, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Minnetonka, MN

Housing Trends

Median Sale Price
$555,555
Median Single Family Sale Price
$575,000
Median Townhouse Sale Price
$369,999
Average Price Per Sq Ft
$254
Number of Homes for Sale
30
Last 12 months Home Sales
217
Months of Supply
1.70
Median List Price
$555,555
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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