Lake Minnetonka estate bought for $3.45M in 2013 now sells for $18.25M, sets record

A Lake Minnetonka estate in Deephaven has sold for $18.25 million, becoming Minnesota’s most expensive residential sale on record. The sale was reported by the Minnesota Star Tribune and Minneapolis/St. Paul Business Journal, while property records and the listing history independently confirm the October 1 closing. Located at 20670 Linwood Road, the lakefront property spans about 2.39 acres and includes 350 feet of shoreline. The contemporary residence measures 10,440 square feet, with five bedrooms, nine bathrooms and a heated six-car garage. It was designed by Charles Stinson and completed in 2015 by Streeter Custom Builder.The sale is notable not only for its price but also for the property’s transformation over the past 13 years. The land changed hands in 2013 for $3.45 million. At the time, the site carried an older 5,145-square-foot house dating to 1956.