Most expensive homes for sale in Minnesota

Written by:
May 24, 2021
realtor.com

Most expensive homes for sale in Minnesota

Buying a home is an investment—and an increasingly expensive one. The median value of a home in the United States reached $295,300 in June 2020, according to the National Association of REALTORS.

To learn more about home values in Minnesota, Stacker analyzed data from realtor.com to compile a list of the most expensive homes for sale in the state.

Home buyers have a lot to consider when house-hunting or looking to invest in rental properties, from the state of the housing market itself to taxes and potential resale value. The housing market grew robust and pricey in the last decade following the 2008 recession, but the market could be slowed by rising interest rates. Such a downturn can be good news for potential home-buyers, as you're more likely to be able to wager a deal on an otherwise overpriced house. Then there is the house itself to consider, including what kind of upkeep it requires (and those associated costs). Depreciation affects all homes at an average rate of 3.636% each year, which can be a help come tax season if you use your home for business or rentals—but may cost you later in capital gains taxes when you when you sell. Meanwhile, land value tends to increase over time depending on several factors including where the house is located and what amenities and homes are nearby. More desirable neighborhoods allow sellers to charge more; the mantra "location, location, location" has never been more relevant.

Keep reading to find out the most expensive homes for sale in Minnesota.

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#50. 19270 Dale Ave, Wayzata

- Price: $3,199,000
- Bedrooms: 4
- Bathrooms: 4
- Read more on realtor.com
2 / 50
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#49. 12494 Arrowhead Ln, Crosslake

- Price: $3,200,000
- Bedrooms: 4
- Bathrooms: 5
- Read more on realtor.com
3 / 50
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#48. 3209 Galleria, Edina

- Price: $3,200,000
- Bedrooms: 2
- Bathrooms: 4
- Read more on realtor.com
4 / 50
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#47. 3655 Trophy Woods Ln SW, Rochester

- Price: $3,239,976
- Bedrooms: 6
- Bathrooms: 7
- Read more on realtor.com
5 / 50
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#46. 191 Primrose Ln, Medina

- Price: $3,249,999
- Bedrooms: 7
- Bathrooms: 10
- Read more on realtor.com
6 / 50
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#45. 356 Mississippi River Blvd S, Saint Paul

- Price: $3,250,000
- Bedrooms: 5
- Bathrooms: 5
- Read more on realtor.com
7 / 50
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#44. 2260 Pinto Dr, Medina

- Price: $3,250,000
- Bedrooms: 5
- Bathrooms: 5
- Read more on realtor.com
8 / 50
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#43. 5012 Oak Bend Ln, Edina

- Price: $3,250,000
- Bedrooms: 5
- Bathrooms: 7
- Read more on realtor.com
9 / 50
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#42. 4850 W Lake Harriet Pkwy, Minneapolis

- Price: $3,250,000
- Bedrooms: 4
- Bathrooms: 6
- Read more on realtor.com
10 / 50
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#41. 3051 Farview Ln, Orono

- Price: $3,295,000
- Bedrooms: 5
- Bathrooms: 6
- Read more on realtor.com
11 / 50
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#40. 8 Fenlea Cir, Saint Paul

- Price: $3,400,000
- Bedrooms: 4
- Bathrooms: 4
- Read more on realtor.com
12 / 50
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#39. 160 Lakeview Ln, Wayzata

- Price: $3,450,000
- Bedrooms: 5
- Bathrooms: 5
- Read more on realtor.com
13 / 50
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#38. 3 Red Forest Hts, Saint Paul

- Price: $3,450,000
- Bedrooms: 5
- Bathrooms: 7
- Read more on realtor.com
14 / 50
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#37. 4619 Moorland Ave, Edina

- Price: $3,495,000
- Bedrooms: 6
- Bathrooms: 7
- Read more on realtor.com
15 / 50
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#36. 27640 Island View Rd, Excelsior

- Price: $3,495,000
- Bedrooms: 4
- Bathrooms: 5
- Read more on realtor.com
16 / 50
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#35. 630 Indian Mound St Unit 1A, Wayzata

- Price: $3,500,000
- Bedrooms: 2
- Bathrooms: 3
- Read more on realtor.com
17 / 50
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#34. 9605 320th St W, Northfield

- Price: $3,500,000
- Bedrooms: 4
- Bathrooms: 5
- Read more on realtor.com
18 / 50
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#33. 2412 Cedar Shore Dr, Minneapolis

- Price: $3,500,000
- Bedrooms: 5
- Bathrooms: 5
- Read more on realtor.com
19 / 50
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#32. 1505 Neal Avenue Court Ct N, West Lakeland

- Price: $3,500,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
20 / 50
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#31. 2455 County Road 24, Medina

- Price: $3,600,000
- Bedrooms: 6
- Bathrooms: 8
- Read more on realtor.com
21 / 50
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#30. 6628 Aster Trl, Excelsior

- Price: $3,600,000
- Bedrooms: 5
- Bathrooms: 6
- Read more on realtor.com
22 / 50
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#29. 2605 Woodbridge Rd, Wayzata

- Price: $3,645,000
- Bedrooms: 5
- Bathrooms: 7
- Read more on realtor.com
23 / 50
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#28. 161 Ferndale Rd S, Wayzata

- Price: $3,650,000
- Bedrooms: 5
- Bathrooms: 5
- Read more on realtor.com
24 / 50
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#27. 2102 Cedar Lake Pkwy, Minneapolis

- Price: $3,695,000
- Bedrooms: 4
- Bathrooms: 6
- Read more on realtor.com
25 / 50
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#26. 2424 W Lake of the Isles Pkwy, Minneapolis

- Price: $3,750,000
- Bedrooms: 5
- Bathrooms: 7
- Read more on realtor.com
26 / 50
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#25. 25 W Point Ave, Excelsior

- Price: $3,849,000
- Bedrooms: 4
- Bathrooms: 5
- Read more on realtor.com
27 / 50
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#24. 23393 Nolan Ave N, Scandia

- Price: $3,850,000
- Bedrooms: 6
- Bathrooms: 5
- Read more on realtor.com
28 / 50
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#23. 3000 Willow Dr, Medina

- Price: $3,850,000
- Bedrooms: 6
- Bathrooms: 9
- Read more on realtor.com
29 / 50
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#22. 205 Salem Church Rd, Sunfish Lake

- Price: $3,925,000
- Bedrooms: 4
- Bathrooms: 7
- Read more on realtor.com
30 / 50
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#21. 3154 Woolverton Rd, Cook

- Price: $3,985,000
- Bedrooms: 4
- Bathrooms: 7
- Read more on realtor.com
31 / 50
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#20. 8624 County Road 1 SW, Pequot Lakes

- Price: $4,200,000
- Bedrooms: 6
- Bathrooms: 7
- Read more on realtor.com
32 / 50
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#19. 1740 Shadywood Rd, Wayzata

- Price: $4,295,000
- Bedrooms: 4
- Bathrooms: 7
- Read more on realtor.com
33 / 50
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#18. 1710 W Lake St Unit 400, Minneapolis

- Price: $4,500,000
- Bedrooms: 2
- Bathrooms: 3
- Read more on realtor.com
34 / 50
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#17. 2201 E Lake of the Isles Pkwy, Minneapolis

- Price: $4,500,000
- Bedrooms: 5
- Bathrooms: 8
- Read more on realtor.com
35 / 50
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#16. 21700 Fairview St, Excelsior

- Price: $4,700,000
- Bedrooms: 5
- Bathrooms: 7
- Read more on realtor.com
36 / 50
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#15. 8478 Big Whitefish Narrows, Pine River

- Price: $4,850,000
- Bedrooms: 8
- Bathrooms: 10
- Read more on realtor.com
37 / 50
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#14. 2665 Maple Ridge Ln, Excelsior

- Price: $5,195,000
- Bedrooms: 4
- Bathrooms: 6
- Read more on realtor.com
38 / 50
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#13. 2501 Crosby Rd, Wayzata

- Price: $5,200,000
- Bedrooms: 5
- Bathrooms: 8
- Read more on realtor.com
39 / 50
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#12. 4595 Merrywood Ln, Minnetrista

- Price: $5,500,000
- Bedrooms: 5
- Bathrooms: 5
- Read more on realtor.com
40 / 50
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#11. 1640 Bohns Point Rd, Orono

- Price: $5,595,000
- Bedrooms: 5
- Bathrooms: 6
- Read more on realtor.com
41 / 50
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#10. 3465 County Road 44, Minnetrista

- Price: $5,895,000
- Bedrooms: 8
- Bathrooms: 14
- Read more on realtor.com
42 / 50
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#9. 10495 Hadley Ave N, Saint Paul

- Price: $6,950,000
- Bedrooms: 5
- Bathrooms: 8
- Read more on realtor.com
43 / 50
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#8. 835 Hunt Farm Rd, Long Lake

- Price: $7,495,000
- Bedrooms: 4
- Bathrooms: 6
- Read more on realtor.com
44 / 50
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#7. 3960 Walden Shores Rd, Wayzata

- Price: $7,500,000
- Bedrooms: 5
- Bathrooms: 7
- Read more on realtor.com
45 / 50
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#6. 2303 Huntington Point Rd E, Wayzata

- Price: $7,999,000
- Bedrooms: 4
- Bathrooms: 5
- Read more on realtor.com
46 / 50
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#5. 2825 Little Orchard Way, Wayzata

- Price: $8,995,000
- Bedrooms: 4
- Bathrooms: 10
- Read more on realtor.com
47 / 50
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#4. 3350 Fox St, Long Lake

- Price: $9,499,000
- Bedrooms: 5
- Bathrooms: 8
- Read more on realtor.com
48 / 50
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#3. 2515 Cedar Point Dr, Wayzata

- Price: $10,450,000
- Bedrooms: 5
- Bathrooms: 8
- Read more on realtor.com
49 / 50
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#2. 1700 Shoreline Dr, Orono

- Price: $11,995,000
- Bedrooms: 6
- Bathrooms: 10
- Read more on realtor.com
50 / 50
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#1. 5570 Maple Heights Rd, Greenwood

- Price: $15,000,000
- Bedrooms: 5
- Bathrooms: 9
- Read more on realtor.com

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