Minnetonka Homes under $250,000

Welcome to Minnetonka, Minnesota – a charming suburb nestled in Hennepin County, just a stone's throw from the bustling city of Minneapolis. Known for its picturesque lakes, lush parks, and vibrant community, Minnetonka offers a perfect blend of suburban tranquility and urban convenience. With a rich history and a strong sense of community, this city is a fantastic place to call home.

For those seeking affordable housing options, Minnetonka has a variety of homes available under $250,000, making it an ideal choice for first-time homebuyers, young families, or anyone looking to downsize without sacrificing quality of life. These homes often feature inviting layouts and are located within close proximity to excellent schools, shopping centers, and recreational facilities.

Imagine waking up to the serene beauty of a neighborhood lined with mature trees and friendly neighbors. With numerous parks and trails, residents can enjoy outdoor activities year-round, from hiking and biking in the summer to ice skating and sledding in the winter. The nearby Minnetonka Civic Center and various community events foster a sense of belonging and connection among residents.

With its affordable housing market, Minnetonka not only provides a welcoming atmosphere but also offers easy access to the vibrant cultural and economic opportunities of the Twin Cities. Whether you're drawn to its natural beauty, community spirit, or convenient location, Minnetonka is truly a hidden gem waiting to be discovered. Explore your options today and find your perfect home in this delightful city!

Newest Minnetonka Homes under $250,000

10211 Cedar Lake Road Unit 115, Minnetonka

$116,900

1 Beds ⋅ 1 Baths ⋅ 7158412 MLS

This beautifully renovated 1-bedroom, 1-bathroom condo at Cedar Ridge of Minnetonka offers modern comfort and style in an easy-to-maintain space. Enjoy an updated kitchen, formal dining area, and a spacious bedroom with two closets. A brand-new sliding patio door opens to a walkout patio, while fresh paint and updated lighting throughout create a bright, welcoming feel. The refreshed bathroom features a new vanity, making this condo move-in ready! Located in a peaceful neighborhood near schools, premium shopping, restaurants, parks, and trails, this condo also offers quick highway access for easy commuting. Professional management supports carefree, low-maintenance living, with amenities including a secure underground garage, large pool, hot tub, sauna, community room, and inviting green spaces. Welcome home!

10211 Cedar Lake Road Unit 115, Minnetonka

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

10511 Cedar Lake Road Unit 502, Minnetonka

$225,000

2 Beds ⋅ 2 Baths ⋅ 7157560 MLS

This rare top-floor penthouse corner suite offers two expansive screened porches running the full length of each side of the home and uncommon design found in only a handful of units built in this complex. With exceptional south and east exposures, the space is filled with natural light and enjoys refreshing cross-breezes throughout. Inside, the condo features a generous living/family room, spacious bedrooms, and quality finishing including raised-panel 36" upper kitchen cabinets and a full owner's ensuite with walk-in closet and separate bath. You'll also appreciate the convenience of the designated first parking space next to the elevator in the heated garage. Community amenities include indoor and outdoor pools, exercise room, sauna, party room, tennis courts, and two rentable guest suites. A truly special top-floor home, unique, bright, and rarely available. Screened porch finish is included in the sq.ft. for this home.

10511 Cedar Lake Road Unit 502, Minnetonka

Listing courtesy of Coldwell Banker Realty.

$220,000

3 Beds ⋅ 3 Baths ⋅ 7128403 MLS

Fantastic location and priced to sell! This charming home offers an exciting opportunity to build equity and make it truly your own. While the property would benefit from some updating and TLC, it offers a spacious and functional layout with plenty of potential. Enjoy comfortable main-level living featuring a cozy living room with a wood-burning fireplace, perfect for relaxing on cool evenings. Step outside onto the deck and take in the peaceful setting surrounded by mature trees. The large kitchen offers plenty of space, along with a convenient eat-in dining area. The primary suite includes a 3/4 bath, while the full basement expands your living and storage options with a generous family room plus a separate workshop/storage area. An oversized one-car garage provides additional convenience and storage. Whether you're a first-time buyer ready to stop renting or someone looking for a home with room to add your personal touch, this property is a wonderful opportunity to own in a fantastic location!

15695 Sussex Drive, Minnetonka

Listing courtesy of RE/MAX Results.

$250,000

2 Beds ⋅ 1 Baths ⋅ 7151313 MLS

Charming 2 story end unit features soaring vaults and light, bright, semi-open design. Updated Kitchen with granite top center island flows into spacious vaulted Living Room featuring cozy gas fireplace. Patio door opens to beautiful private garden retreat perfect for relaxing or entertaining. Spacious loft style Primary bedroom with private rooftop deck. 2nd bedroom includes wall storage cabinet. Walk-through updated bathroom features a skylight! Y Stackable washer & dryer on upper level. You'll appreciate approximately $30,000 of updates over recent years including new furnace, A/C & water heater (2024), new Andersen windows & sliding door (2017), & luxury vinyl flooring on the main level (2017). New carpet (2025). New exterior siding (2021) & new roof (2020). Short walk to Shady Oak Lake Park and Lone Lake Park. Bryant Lake Regional Park located a few miles away. This great area offers shopping, dining, coffee houses & entertainment , and easy freeway access. Move in and enjoy a carefree lifestyle.

5410 Sanibel Drive, Minnetonka

Listing courtesy of Edina Realty, Inc..

10311 Cedar Lake Road Unit 313, Minnetonka

$120,000

1 Beds ⋅ 1 Baths ⋅ 7123792 MLS

Welcome home to this beautifully updated condo in a fantastic Minnetonka location! Enjoy peaceful, picturesque views of the surrounding green space from this inviting home, creating a serene backdrop for everyday living. The interior has been thoughtfully updated with brand-new stainless appliances, new light fixtures, bathroom fixtures, and living room A/C unit all within the last year, adding a fresh and modern feel throughout the home. The bathroom features a rainfall showerhead for a spa-like touch, perfect for unwinding at the end of the day. With a comfortable layout, beautiful views, and thoughtful updates, this home offers an easy, low-maintenance lifestyle in a wonderful setting. On-site amenities include a pool house with a pool and hot tub, walking paths through the courtyard, and heated garage parking. Conveniently located near parks, trails, shopping, dining, and everything Minnetonka has to offer!

10311 Cedar Lake Road Unit 313, Minnetonka

Listing courtesy of RE/MAX Results.

10113 W 34th Street Unit 111, Minnetonka

$85,000

2 Beds ⋅ 2 Baths ⋅ 7150598 MLS

Spacious end unit with extra windows, patio, and large walk-in closet! Ground floor has easy access to community room/kitchenette and laundry. Well-maintained - quiet building. This unit has eastern exposure.

10113 W 34th Street Unit 111, Minnetonka

Listing courtesy of RE/MAX Advantage Plus.

10501 Cedar Lake Road Unit 512, Minnetonka

$240,000

2 Beds ⋅ 2 Baths ⋅ 7149556 MLS

Welcome to Unit #512 at the Greenbrier Village community in Minnetonka! Nestled on the uppermost level of the building, this unit has been upgraded in many ways - open concept kitchen, stainless steel appliances, quartz countertops, new cabinetry, upgraded bathrooms, paint throughout, and new lighting. The feeling in this unit is clean, modern, and peaceful. The unit is placed conveniently near the laundry, storage, stairs, and elevator. You will love sipping coffee on the balcony, with beautiful views of trees and the courtyard. There is also storage in the underground garage in the assigned parking space, plus ample parking on the open lot. The HOA has many shared amenities - indoor and outdoor pools, tennis court, community room, hot tub, and sauna. All of these are just a short walk from building 10501. Greenbrier Village is located steps away from Hopkins High School, Hopkins North Middle School, and L.H. Tangen Elementary School. Situated just north of Minnehaha Creek, it is also walkable to Cedar Hills Shopping Center, where you can enjoy restaurants, shopping, and grocery. Enjoy open-concept condo living in an amazing location. The amenities in the unit, Greenbrier Village community, and neighborhood cannot be beat! You won’t want to miss it!

10501 Cedar Lake Road Unit 512, Minnetonka

Listing courtesy of Verve Realty.

10501 Cedar Lake Road Unit 318, Minnetonka

$194,900

2 Beds ⋅ 2 Baths ⋅ 7144530 MLS

Welcome home to this beautifully West facing 2-bedroom, 2-bath condominium featuring LVP flooring, kitchen updates and breathtaking views. Large windows fill the home with natural light while framing spectacular greenspace views that can be enjoyed from the comfort of your living room and private outdoor space. The spacious floor plan offers comfortable living areas, generous bedrooms, and the convenience of two full bathrooms and two storage units. Perfectly placed for easy access to outdoor walkways and parking garage. Enjoy maintenance-free living in a community loaded with amenities, including indoor and outdoor swimming pools, a hot tub, sauna, tennis courts, fitness facilities, and community gathering spaces. Conveniently located near shopping, dining, parks, and major commuter routes, this move-in-ready home combines modern updates, incredible views, and exceptional community amenities in one outstanding package.

10501 Cedar Lake Road Unit 318, Minnetonka

Listing courtesy of RE/MAX Results.

$237,000

1 Beds ⋅ 1 Baths ⋅ 7139136 MLS

RARE OPPORTUNITY! Enjoy first-floor living at sought-after Cloud 9, featuring a private pat and a quiet location that does NOT face the highway. This beautifully maintained condo offe nine-foot ceilings, abundant natural light, and a dramatic wall of six-foot windows. The open-concept kitchen features a large center island, tile backsplash, stainless steel counters, and stainless steel appliances. Fresh paint and hardwood floors throughout create bright, modern feel. The spacious primary suite features a private bath with a separate shower, soaking tub, dual-sink vanity, and an extra-large mirror. Recent improvements include a newer refrigerat and water heater. Two conveniently located parking spaces, #100 and #102, and storage unit #82 are included. Cloud 9 amenities include two outdoor patios with fire pit and grills, an exercise room, walking paths, picnic areas surrounding the pond, and a large outdoor parking lot. A rare first-floor opportunity with a private patio in a highly desirable building! Please note: the unit is currently not staged, and the listing photos were taken 2022 & may not reflect the unit's current condition or presentation.

5601 Smetana Drive Unit 101, Minnetonka

Listing courtesy of Edina Realty, Inc..

6155 Chasewood Parkway Unit 201, Minnetonka

$225,000

2 Beds ⋅ 2 Baths ⋅ 7135269 MLS

Get ready for a quiet, spa like setting! Welcome to this meticulously cared for fabulous upper unit condo at the Village of Chasewood. Not only has the exterior been improved, but this homeowner has upgraded appliances and mechanicals so you can truly have the peace of mind of a move in ready, well cared for home with many big ticket items taken care of. You'll love the upper level deck for enjoying the outdoors in summer and the wood burning fireplace is a unique feature for select condos making this super cozy space in winter! Additional improvements are custom closet systems, plantation shutters on all of the windows and patio door, fresh paint throughout and newer carpet. Shared outdoor pool, tennis courts and the prime location near lakes, parks, walking and biking trails, restaurants, shops and easy freeway access make this a gem of a find!

6155 Chasewood Parkway Unit 201, Minnetonka

Listing courtesy of LPT Realty, LLC.

6040 Chasewood Parkway Unit 2, Minnetonka

$234,900

2 Beds ⋅ 2 Baths ⋅ 7133877 MLS

Beautifully updated and move-in ready, this spacious 2-bedroom, 2-bathroom townhome offers the perfect blend of modern updates, low-maintenance living, and a peaceful natural setting. Enjoy Luxury Vinyl Plank flooring throughout, updated bathrooms, freshly painted kitchen cabinets, recessed living room lighting, a custom primary closet system, new light fixtures and faucets, plus a brand-new dishwasher, microwave, and garbage disposal. Step outside to your private walkout patio overlooking a tranquil pond with direct access to the scenic walking trail. The attached garage features a private entrance and an electric vehicle charging outlet for added convenience. A standout feature of this home is the extensive recent exterior improvements completed by the association, including but not limited to, brand-new windows, a new sliding glass door, and a newly installed concrete patio, providing exceptional value and peace of mind. Residents also enjoy access to a community pool and fitness center, all within walking distance of Bryant Lake Regional Park and Lone Lake Park. Conveniently located near shopping, dining, and major commuter routes, this is a fantastic opportunity to enjoy everything Minnetonka has to offer.

6040 Chasewood Parkway Unit 2, Minnetonka

Listing courtesy of eXp Realty.

6145 Chasewood Parkway Unit 202, Minnetonka

$185,000

1 Beds ⋅ 1 Baths ⋅ 7126962 MLS

SELLER IS PAYING 1ST YEAR OF HOA DUES FOR NEW OWNER AT CLOSING! Experience easy, elevated living in this top-floor sanctuary. Relax on your private balcony overlooking a peaceful, mature willow tree, or retreat inside to your newly refreshed space featuring brand-new carpet and an efficient, functional layout. The building’s recent full exterior renovation offers clean curb appeal and long-term value. Inside, enjoy the convenience of an in-unit washer and dryer. Residents have full access to a modernized community center, complete with a party room, fitness center, outdoor pool, and tennis courts—perfect for hosting or staying active. Simplify your life with an HOA fee that covers almost all utilities, including cable, internet, water, sewer, trash, exterior maintenance, and gym access. Dog lovers will appreciate the community’s pet-friendly policy with convenient waste stations, and nature enthusiasts are just moments from Bryant Lake Regional Park, scenic trails, and local amenities. Move-in ready and low-maintenance living awaits.

6145 Chasewood Parkway Unit 202, Minnetonka

Listing courtesy of Coldwell Banker Realty.

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