This project won 1st place in the ASID 2012 Awards for Best Entire Residence 2000- 5000 sq. ft. Lake Minnetonka is a prestigious lake, with exclusive real estate ownership. Properties situated on the lake sell for anywhere from $500,000 to over $20 million. Most Lake Minnetonka Homes have between 40-60 feet of shoreline. Property values continue to rapidly increase as demand soars.