Urgent.News

What's breaking now, across thousands of outlets.

Business

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

An exceptional estate on Lake Minnetonka in Deephaven has achieved a remarkable milestone by selling for $18.25 million. Nestled at 20670 Linwood Road, this stunning property covers roughly 2.39 acres and features 350 feet of pristine shoreline. Crafted by the talented Charles Stinson, the modern home offers an expansive 10,440 square feet complete with five luxurious bedrooms and nine upscale…

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

A luxurious Lake Minnetonka estate in Deephaven has just sold for a record-breaking $18.25 million, marking the highest residential sale in Minnesota history. The property, located at 20670 Linwood Road, spans 2.39 acres with over 350 feet of shoreline. Built in 2015, the 10,440-square-foot contemporary residence boasts five bedrooms, nine bathrooms, and a heated six-car garage, designed by Charles Stinson.

The sale, finalized on October 1, represents a significant transformation since the land was purchased for $3.45 million in 2013. The modern home features expansive lake views, a chef's kitchen, two offices, a wine cellar, billiards area, and outdoor amenities like a private sandy beach and separate lakeside boathouse. The estate's redesign, including the removal of 240 mature trees and planting of 350 new ones, has created a more secluded and private setting.

Despite not being the current most expensive property listed in the area, this Linwood Road estate has set a new benchmark for Lake Minnetonka's luxury real estate market.

Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at timesofindia.indiatimes.com →

More in Business

More from Thursday 8 October →