Deephaven Homes for Sale

It’s hard to believe Deephaven, known as “two square miles of tranquility,” is only about 15 miles west of Minneapolis, the largest city in Minnesota. This Twin Cities’ suburb sits serenely on the eastern banks of Lake Minnetonka, a vast lake spanning over 14,000 acres that are carved with dozens of nooks and bays. Deephaven’s 3,700 residents enjoy a slice of paradise in the heartland of America: two miles covered in lush gardens and parks, tranquil beaches and grand, beautiful estates.

Deephaven Homes for Sale

History

As with many of the suburban lake towns surrounding downtown Minneapolis-St. Paul, Deephaven’s history is mostly as a resort getaway for the rich. It was first incorporated in 1900, but settlers had been moving into the area since before the Civil War.

In 1877, Mrs. Hazen Burton, a prominent local, dubbed it “Deephaven” after a recent novel of the same name. Written by Sarah Orne Jewett, it was a story about “out-of-door life and country people.”  Deephaven entered its heyday two years later when the deluxe Hotel St. Louis was built on the water. The hotel would eventually be torn down but a number of the nearby cabins from those early days still stand today.

Parks and Recreation

There are six parks in Deephaven, including one specifically for children with playgrounds and picnic areas. Thorpe Park, the city’s biggest, has two ball fields and tennis courts, a lit hockey rink, basketball court, sledding hill and more. But the stars of the show are the six beaches that line Deephaven’s western border with Lake Minnetonka. Swimming lessons are free!

Three bays – Carson, St. Louis and Robinson – offer comprehensive marina services, including boat launching and mooring. There’s a community center with classes, crafts and activities. But the true heart of Deephaven’s community life is the landmark Cottagewood General Store that has been in business since 1895. The store not only still sells cold cuts and pop, but sponsors nine annual family and holiday events – from Easter egg hunts to Fourth of July parades, Oktoberfest to golf outings.

Schools

Deephaven is served by the six-town Minnetonka Public School District 276.
Within Deephaven, there is one pre-k and one elementary school. The district’s two middle schools and high school are within 15 minutes of the city.
There is also a large private school presence in the same area – six parochial schools covering pre-k to 12th grade and the non-sectarian Deephaven Academy are all within four miles.

Major Employers

Deephaven is a commuter town. There are local businesses – retail, dining, food shops, recreation, school services – but most residents make their living in the Twin Cities.
They are corporate managers and sales executives primarily in finance and insurance, scientific and technical services, health care, waste management and air transport.
Nearby Minneapolis-St.Paul is home to some of the biggest corporations in the country – Target, U.S. Bancorp, Xcel Energy, Ameriprise Financial and Ecolab are just some of the firms headquartered here.

Constituent Populace

Deephaven’s residents are accomplished professionals, their families and retirees. According to the 2010 Census, the median age is 46.1, and the median household income is $123K, more than twice the state average.

Deephaven’s Newest Homes for Sale

  1. 4 beds, 2 full, 2 three-quarter baths
    Home size: 3,751 sq ft
    Lot size: 2.60 ac
    Listed with RE/MAX Results
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  2. 5 beds, 2 full, 1 three-quarter, 1 half baths
    Home size: 3,800 sq ft
    Lot size: 1.34 ac
    Listed with Keller Williams Premier Realty Lake Minnetonka
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  3. 4 beds, 4 full, 1 half baths
    Home size: 3,949 sq ft
    Lot size: 35,501 sqft
    Listed with Coldwell Banker Burnet
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See all City of Deephaven Homes for Sale.
(all data current as of 5/25/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Deephaven’s Most Expensive Homes for Sale

  1. 4 beds, 2 full, 3 three-quarter, 1 half baths
    Home size: 7,064 sq ft
    Lot size: 3.57 ac
    Listed with Coldwell Banker Burnet
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  2. 5 beds, 3 full, 2 three-quarter, 1 half baths
    Home size: 6,838 sq ft
    Lot size: 1.43 ac
    Listed with Coldwell Banker Burnet
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  3. 5 beds, 2 full, 2 three-quarter, 1 half baths
    Home size: 6,090 sq ft
    Lot size: 18,425 sqft
    Listed with Coldwell Banker Burnet
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See all City of Deephaven Homes for Sale.
(all data current as of 5/25/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.