The Most Expensive Lakes to Live On in the Twin Cities: Lakefront Sale Prices by Lake
Quick answer: of the 20 Twin Cities lakes with the most lakefront home sales from November 2025 through October 2026, Turtle Lake in Shoreview had the highest median sale price, $2,575,000 (7 sales), followed by Lake Minnetonka at $1,800,000 (145 sales) and Lake Riley at $1,725,000 (6 sales). Lake Minnetonka is by far the busiest: it accounted for 145 of the 347 sales on these 20 lakes.
The numbers come from NorthstarMLS sold data on our lake homes pages: homes marked lakefront within 200 meters of the Minnesota DNR shoreline, with vacant land left out, for lakes with at least five sales in the 12 months.
Median lakefront sale price, by lake
| Lake | Where | Homes sold | Median sale price | Year before |
|---|---|---|---|---|
| Turtle Lake | Shoreview | 7 | $2,575,000 | $1,700,000 (5 sales) |
| Lake Minnetonka | Orono, Wayzata, Minnetrista, Deephaven, Mound and more | 145 | $1,800,000 | $1,695,000 (163) |
| Lake Riley | Chanhassen, Eden Prairie | 6 | $1,725,000 | 2 sales |
| White Bear Lake | White Bear Lake, Mahtomedi, Dellwood, Birchwood Village | 16 | $1,636,250 | $1,735,000 (7) |
| Lost Lake | Mound | 6 | $1,550,000 | $1,102,500 (4) |
| Upper Prior Lake | Prior Lake | 18 | $1,367,080 | $1,125,000 (8) |
| Lower Prior Lake | Prior Lake, Savage | 26 | $1,286,000 | $1,225,000 (17) |
| Lake Owasso | Shoreview, Roseville | 8 | $1,162,500 | $722,500 (9) |
| Lake Marion | Lakeville | 5 | $1,150,000 | $1,305,000 (4) |
| Lake Waconia | Waconia | 7 | $1,035,000 | $1,202,500 (4) |
| Bald Eagle Lake | Hugo, Lino Lakes | 7 | $989,000 | $987,500 (8) |
| Spring Lake | Prior Lake | 7 | $905,000 | $925,000 (5) |
| Sunrise Lake | Blaine | 10 | $899,500 | $712,500 (6) |
| Crystal Lake | Burnsville, Lakeville | 8 | $874,000 | $1,075,500 (3) |
| Medicine Lake | Plymouth, Medicine Lake | 12 | $827,500 | $1,045,000 (7) |
| McCarron Lake | Roseville | 6 | $665,000 | $675,000 (3) |
| Forest Lake | Forest Lake | 29 | $632,000 | $599,650 (27) |
| Coon Lake | East Bethel, Ham Lake, Columbus | 8 | $628,500 | $806,174 (9) |
| Lake George | Oak Grove | 5 | $600,000 | $725,000 (7) |
| Tanners Lake | Oakdale, Woodbury, Maplewood, Landfall | 11 | $163,000 | 1 sale |
“Year before” is November 2024 through October 2025.
What stands out
Lake Minnetonka is the market. With 145 sales, it had five times as many lakefront sales as the next lake, Forest Lake (29), and a median of $1,800,000, up from $1,695,000 the year before. If you want to compare many lakefront homes in a short time, this is where they are. See current listings and recent sales on the Lake Minnetonka page.
Small lakes can top the list. Turtle Lake (450 acres), Lake Riley and Lost Lake had only six or seven sales each, so a few large homes can set the median. Turtle Lake’s median rose from $1,700,000 to $2,575,000 on just 5 and 7 sales; read that as “a few big sales,” not a 50% jump in values.
Prior Lake offers two price points. Upper Prior Lake ($1,367,080, 18 sales) and Lower Prior Lake ($1,286,000, 26 sales) both had more sales than the year before, and Spring Lake, also in Prior Lake, came in at $905,000.
Under $1 million is still possible on the water. Bald Eagle, Spring, Sunrise, Crystal, Medicine, McCarron, Forest, Coon and George all had medians under $1 million. Tanners Lake’s $163,000 median is far below every other lake; check its page for the individual sales before reading much into it.
Before you buy on a lake
Lakefront prices depend on things a median can’t show: feet of frontage, water depth at the dock, the shoreline (sand, rock or weeds), which side of the lake gets the sun, and any lake association rules. On each lake’s page you’ll find the homes for sale now, recent sales and a 12-month snapshot. For every home of $1 million or more on or off the water, see luxury homes for sale in Minnesota.
Want to compare lakes in person? We’ll line up showings on the lakes you’re weighing and pull the sales on each. Tell us what you’re looking for.
Source: NorthstarMLS sold data as shown on huerkamphomes.com/lake-homes, November 2025 through October 2026: homes marked lakefront within 200 meters of the Minnesota DNR shoreline, land excluded, lakes with five or more sales among the 20 lakes with the most sales. Lake acreage: Minnesota DNR.
