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18864 Heathcote DriveDeephaven, MN 55391

$1.1 million

4 bedrooms · 4 bathrooms · 3,802 finished sq ft · 1.21 acre lot

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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

Broker ReciprocityListing courtesy of Compass (Dan Hollerman). MLS #7110294.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

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

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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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