18864 Heathcote DriveDeephaven, MN 55391
$1.1 million
4 bedrooms · 4 bathrooms · 3,802 finished sq ft · 1.21 acre lot
About this home
Welcome to one of Deephaven's most private settings. Tucked away at the end of a quiet cul-de-sac on a beautifully landscaped 1.22-acre lot, this beautifully updated home offers an extraordinary blend of privacy, natural beauty, and timeless comfort, just minutes from downtown Wayzata, Excelsior, and the lifestyle of Lake Minnetonka. Designed for comfortable everyday living and effortless entertaining, the main level features elegant formal living and dining rooms, a spacious great room with a gas fireplace, custom built-ins, a beamed ceiling, and walls of glass overlooking the private backyard. The thoughtfully designed kitchen is the heart of the home, offering two center islands, abundant custom cabinetry, gourmet appliances, a butler's pantry, wet bar, and an informal dining area with a bay window. Expansive cedar decking and a welcoming front porch create seamless indoor-outdoor living. The upper level is anchored by a luxurious primary suite featuring heated marble floors, dual vanities, a soaking tub, walk-in shower, and walk-in closet. Two additional bedrooms share the upper level, while a private fourth bedroom suite with its own three-quarter bath provides exceptional flexibility for guests, multigenerational living, or a second home office. The walkout lower level offers an inviting family room with a gas fireplace and wet bar, daylight windows, sound-insulated construction, and a large flex room ideal for a fitness studio, hobbies, recreation, or future expansion. Beyond the home, enjoy the unmatched Deephaven lifestyle. Residents have access to multiple Lake Minnetonka amenities, including beaches, fishing docks, tennis courts, parks, playgrounds, and miles of scenic walking trails. Carsonwood is a welcoming neighborhood known for its annual social gatherings, well-maintained trails, and a strong sense of community.
Home facts
- Home type
- Condo
- Style
- Single Family Residence
- Year built
- 1977
- Bedrooms
- 4
- Bathrooms
- 4
- Finished sq ft
- 3,802
- Lot
- 1.21 acres
- Garage
- 2 stalls
- Basement
- Finished, Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $10,602 a year
- HOA / association fee
- $80
- Listed
- July 31, 2026
- MLS number
- 7110294
Listing courtesy of Compass (Dan Hollerman). MLS #7110294.
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How it compares
18864 Heathcote Drive, Deephaven, MN 55391 is a 4-bedroom condo built in 1977, listed for $1.1 million on July 31, 2026 by Compass. That works out to $289 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Deephaven community guideSchools, commutes, parks, home values and local stories.
- Deephaven housing market, September 2026Homes sold for a median $1,207,500 over 12 months (+19.0%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
- Association fee (as listed)
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing and the association fee as listed (assumed monthly). Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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