Minnetonka Homes under $250,000

Welcome to Minnetonka, Minnesota – a vibrant city nestled in the heart of Hennepin County, just a stone's throw from the bustling Twin Cities of Minneapolis and St. Paul. Known for its picturesque lakes, lush parks, and a strong sense of community, Minnetonka offers a perfect blend of suburban tranquility and urban convenience. With a rich history and a commitment to maintaining its natural beauty, this city is an ideal place for families, professionals, and retirees alike.

For those seeking affordable housing options, Minnetonka has an enticing selection of homes under $250,000. Whether you're a first-time homebuyer, an investor looking for rental opportunities, or someone looking to downsize, you’ll find charming properties that fit your budget without compromising on quality. From cozy townhomes to quaint single-family residences, the real estate market here is diverse and inviting.

Living in Minnetonka means you can enjoy a wealth of amenities, including excellent schools, a variety of shopping and dining options, and an array of recreational activities. With over 1,000 acres of parkland and numerous lakes, outdoor enthusiasts will appreciate the abundant opportunities for hiking, biking, and water sports.

Explore the delightful neighborhoods of Minnetonka and discover the perfect home that meets your needs. With its welcoming atmosphere and affordable real estate options, this city is a hidden gem waiting to be uncovered. Embrace the Minnetonka lifestyle and make your dream of homeownership a reality today!

Newest Minnetonka Homes under $250,000

$250,000

1 Beds ⋅ 1 Baths ⋅ 7170699 MLS

LOOKING for Perfection, peace and quiet- welcome home! Glen Lake Shores is something very special. And a wonderful value at $250. A well run association a beautifully cared for building. And your condo is beautifully Updated. Lovely flooring, light fixtures, countertops, subtle paint colors. Fireplace is now decorative (the building says no more wood- but you could install ELECTRIC). A very comfortable bedroom with an office nook area. Fantastic kitchen, opens to a glamourous living/dining room, which walks out to your private screen porch. The 3-season porch is the perfect sanctuary for reading a book or watching the birds. There is a large attractive party/community room with a huge deck & a BBQ station overlooking the lake. VERY Easy freeway access, but you are set in the woods of Glen Lake- so peaceful. See it now- FALL IN LOVE - call it home.

14319 Stewart Lane Unit 102, Minnetonka

Listing courtesy of Coldwell Banker Realty - Lakes.

10301 Cedar Lake Road Unit 213, Minnetonka

$114,900

1 Beds ⋅ 1 Baths ⋅ 7167139 MLS

This beautifully renovated 1-bedroom, 1-bathroom condo at Cedar Ridge of Minnetonka offers modern comfort and style in an easy-to-maintain space. The updated kitchen features brand-new countertops and opens to a formal dining area. Relax in the welcoming living room with a cozy fireplace and access to your private deck. The spacious bedroom offers two closets, while fresh paint and updated lighting throughout create a bright, inviting feel. A refreshed bathroom with a new vanity completes this move-in-ready home. Enjoy a peaceful neighborhood near schools, shopping, restaurants, parks, and trails, with quick highway access for easy commuting. Professional management supports low-maintenance living, while community amenities include a secure underground garage, large pool, hot tub, sauna, community room, and inviting green spaces. Welcome home!

10301 Cedar Lake Road Unit 213, Minnetonka

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

10411 Cedar Lake Road Unit 213, Minnetonka

$125,000

1 Beds ⋅ 1 Baths ⋅ 7128745 MLS

Welcome Home! Greenbrier Village has so many amenities, you can vacation at home! Updates include new LVP flooring in the kitchen & bath, SS appliances, paint & lighting throughout. Enjoy your huge WI closet & massive patio, too! You will love the natural light with floor to ceiling windows. Bonus - HEATED underground parking too! Take advantage of all the amazing amenities including indoor pool, jacuzzi & outdoor pool, tennis courts, party room, sauna, fitness center, beautiful grounds/trails, car wash in the garage & two guest rooms on premises available for rental. Great Minnetonka location is minutes to shopping, restaurants, entertainment, parks & easy access to downtown. The only thing missing is you!

10411 Cedar Lake Road Unit 213, Minnetonka

Listing courtesy of RE/MAX Results.

5627 Green Circle Drive Unit 121, Minnetonka

$119,900

1 Beds ⋅ 1 Baths ⋅ 7161695 MLS

Beautifully remodeled main level Minnetonka condo offers comfortable, low-maintenance living. The remodeled kitchen features stainless steel appliances, tile back-splash, walnut butcher block countertops, and new Shaker-style cabinets. Additional updates include new laminate wood flooring, baseboards and millwork, new interior doors, freshly enameled woodwork, knockdown textured ceilings, and fresh paint. Enjoy the convenience of an in-unit washer and dryer and heated underground parking, stall #86. The secure building offers closed-circuit TV, a second-floor fitness room, sauna, and party room with an outdoor grill. Community amenities include a heated in-ground pool, picnic area, walking paths, and beautifully maintained grounds. Convenient Minnetonka location just minutes from Edina, Eden Prairie, and Lake Minnetonka, with easy access to trails, highways, shopping, dining, and public transportation. Quick closing possible.

5627 Green Circle Drive Unit 121, Minnetonka

Listing courtesy of RE/MAX Results.

10511 Cedar Lake Road Unit 502, Minnetonka

$225,000

2 Beds ⋅ 2 Baths ⋅ 7157560 MLS

This rare top-floor penthouse corner suite offers two expansive screened porches running the full length of each side of the home and uncommon design found in only a handful of units built in this complex. With exceptional south and east exposures, the space is filled with natural light and enjoys refreshing cross-breezes throughout. Inside, the condo features a generous living/family room, spacious bedrooms, and quality finishing including raised-panel 36" upper kitchen cabinets and a full owner's ensuite with walk-in closet and separate bath. You'll also appreciate the convenience of the designated first parking space next to the elevator in the heated garage. Community amenities include indoor and outdoor pools, exercise room, sauna, party room, tennis courts, and two rentable guest suites. A truly special top-floor home, unique, bright, and rarely available. Screened porch finish is included in the sq.ft. for this home.

10511 Cedar Lake Road Unit 502, Minnetonka

Listing courtesy of Coldwell Banker Realty.

10311 Cedar Lake Road Unit 313, Minnetonka

$120,000

1 Beds ⋅ 1 Baths ⋅ 7123792 MLS

Welcome home to this beautifully updated condo in a fantastic Minnetonka location! Enjoy peaceful, picturesque views of the surrounding green space from this inviting home, creating a serene backdrop for everyday living. The interior has been thoughtfully updated with brand-new stainless appliances, new light fixtures, bathroom fixtures, and living room A/C unit all within the last year, adding a fresh and modern feel throughout the home. The bathroom features a rainfall showerhead for a spa-like touch, perfect for unwinding at the end of the day. With a comfortable layout, beautiful views, and thoughtful updates, this home offers an easy, low-maintenance lifestyle in a wonderful setting. On-site amenities include a pool house with a pool and hot tub, walking paths through the courtyard, and heated garage parking. Located less than 0.5 miles from Hopkins HS, Hopkins North Middle School, and soccer fields. Easy access to nearby parks, trails, shopping, dining, and everything Minnetonka has to offer!

10311 Cedar Lake Road Unit 313, Minnetonka

Listing courtesy of RE/MAX Results.

10113 W 34th Street Unit 111, Minnetonka

$85,000

2 Beds ⋅ 2 Baths ⋅ 7150598 MLS

Spacious end unit with extra windows, patio, and large walk-in closet! Ground floor has easy access to community room/kitchenette and laundry. Well-maintained - quiet building. This unit has eastern exposure.

10113 W 34th Street Unit 111, Minnetonka

Listing courtesy of RE/MAX Advantage Plus.

10501 Cedar Lake Road Unit 512, Minnetonka

$240,000

2 Beds ⋅ 2 Baths ⋅ 7149556 MLS

Welcome to Unit #512 at the Greenbrier Village community in Minnetonka! Nestled on the uppermost level of the building, this unit has been upgraded in many ways - open concept kitchen, stainless steel appliances, quartz countertops, new cabinetry, upgraded bathrooms, paint throughout, and new lighting. The feeling in this unit is clean, modern, and peaceful. The unit is placed conveniently near the laundry, storage, stairs, and elevator. You will love sipping coffee on the balcony, with beautiful views of trees and the courtyard. There is also storage in the underground garage in the assigned parking space, plus ample parking on the open lot. The HOA has many shared amenities - indoor and outdoor pools, tennis court, community room, hot tub, and sauna. All of these are just a short walk from building 10501. Greenbrier Village is located steps away from Hopkins High School, Hopkins North Middle School, and L.H. Tangen Elementary School. Situated just north of Minnehaha Creek, it is also walkable to Cedar Hills Shopping Center, where you can enjoy restaurants, shopping, and grocery. Enjoy open-concept condo living in an amazing location. The amenities in the unit, Greenbrier Village community, and neighborhood cannot be beat! You won’t want to miss it!

10501 Cedar Lake Road Unit 512, Minnetonka

Listing courtesy of Verve Realty.

10501 Cedar Lake Road Unit 318, Minnetonka

$194,900

2 Beds ⋅ 2 Baths ⋅ 7144530 MLS

Welcome home to this beautifully West facing 2-bedroom, 2-bath condominium featuring LVP flooring, kitchen updates and breathtaking views. Large windows fill the home with natural light while framing spectacular greenspace views that can be enjoyed from the comfort of your living room and private outdoor space. The spacious floor plan offers comfortable living areas, generous bedrooms, and the convenience of two full bathrooms and two storage units. Perfectly placed for easy access to outdoor walkways and parking garage. Enjoy maintenance-free living in a community loaded with amenities, including indoor and outdoor swimming pools, a hot tub, sauna, tennis courts, fitness facilities, and community gathering spaces. Conveniently located near shopping, dining, parks, and major commuter routes, this move-in-ready home combines modern updates, incredible views, and exceptional community amenities in one outstanding package.

10501 Cedar Lake Road Unit 318, Minnetonka

Listing courtesy of RE/MAX Results.

$237,000

1 Beds ⋅ 1 Baths ⋅ 7139136 MLS

RARE OPPORTUNITY! Enjoy first-floor living at sought-after Cloud 9, featuring a private pat and a quiet location that does NOT face the highway. This beautifully maintained condo offe nine-foot ceilings, abundant natural light, and a dramatic wall of six-foot windows. The open-concept kitchen features a large center island, tile backsplash, stainless steel counters, and stainless steel appliances. Fresh paint and hardwood floors throughout create bright, modern feel. The spacious primary suite features a private bath with a separate shower, soaking tub, dual-sink vanity, and an extra-large mirror. Recent improvements include a newer refrigerat and water heater. Two conveniently located parking spaces, #100 and #102, and storage unit #82 are included. Cloud 9 amenities include two outdoor patios with fire pit and grills, an exercise room, walking paths, picnic areas surrounding the pond, and a large outdoor parking lot. A rare first-floor opportunity with a private patio in a highly desirable building! Please note: the unit is currently not staged, and the listing photos were taken 2022 & may not reflect the unit's current condition or presentation.

5601 Smetana Drive Unit 101, Minnetonka

Listing courtesy of Edina Realty, Inc..

6155 Chasewood Parkway Unit 201, Minnetonka

$225,000

2 Beds ⋅ 2 Baths ⋅ 7135269 MLS

Get ready for a quiet, spa like setting! Welcome to this meticulously cared for fabulous upper unit condo at the Village of Chasewood. Not only has the exterior been improved, but this homeowner has upgraded appliances and mechanicals so you can truly have the peace of mind of a move in ready, well cared for home with many big ticket items taken care of. You'll love the upper level deck for enjoying the outdoors in summer and the wood burning fireplace is a unique feature for select condos making this super cozy space in winter! Additional improvements are custom closet systems, plantation shutters on all of the windows and patio door, fresh paint throughout and newer carpet. Shared outdoor pool, tennis courts and the prime location near lakes, parks, walking and biking trails, restaurants, shops and easy freeway access make this a gem of a find!

6155 Chasewood Parkway Unit 201, Minnetonka

Listing courtesy of LPT Realty, LLC.

6040 Chasewood Parkway Unit 2, Minnetonka

$214,900

2 Beds ⋅ 2 Baths ⋅ 7133877 MLS

Beautifully updated and move-in ready, this spacious 2-bedroom, 2-bathroom townhome offers the perfect blend of modern updates, low-maintenance living, and a peaceful natural setting. Enjoy Luxury Vinyl Plank flooring throughout, updated bathrooms, freshly painted kitchen cabinets, recessed living room lighting, a custom primary closet system, new light fixtures and faucets, plus a brand-new dishwasher, microwave, and garbage disposal. Step outside to your private walkout patio overlooking a tranquil pond with direct access to the scenic walking trail. The attached garage features a private entrance and an electric vehicle charging outlet for added convenience. A standout feature of this home is the extensive recent exterior improvements completed by the association, including but not limited to, brand-new windows, a new sliding glass door, and a newly installed concrete patio, providing exceptional value and peace of mind. Residents also enjoy access to a community pool and fitness center, all within walking distance of Bryant Lake Regional Park and Lone Lake Park. Conveniently located near shopping, dining, and major commuter routes, this is a fantastic opportunity to enjoy everything Minnetonka has to offer.

6040 Chasewood Parkway Unit 2, Minnetonka

Listing courtesy of eXp Realty.

Start Your Search

The 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. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

Minnetonka Homes under $250,000

Newest Minnetonka Homes under $250,000

How much is your home worth?

How much is your home worth?