Browse All Deephaven MN Between $400K - $500K Properties for Sale

This gorgeous site will feature a bold and beautifully designed Scandinavian Modern home from Sustainable 9 Design + Build - an award winning firm with over 23 years of experience crafting the areas finest homes. This Deephaven Den project will feature a soaring roofline with 25-foot interior ceilings and an expansive wall of windows that seamlessly connect indoor comfort with the outdoors and views of the western sunsets. The open-concept main floor is perfect for gathering and entertaining, while a gorgeous staircase leads to a versatile loft space ideal for work or relaxation. The home features two primary suites - one on the main level and one on the upper level along with two additional lower level bedrooms and a main floor pocket office. Located just a block from the waters edge on Lake Minnetonka, this home blends clean, Scandinavian design with the area’s natural beauty. Walk to the beach or the local boat landing and access all that lake life has to offer. Thoughtfully planned with sustainability at its core and remarkable details and refined amenities like a massive rooftop deck above the garage and a walkout lower level entertainment space, it’s designed for effortless, everyday living. Featuring triple pane windows and doors and Structural Insulated Panel construction as well as multiple third party certifications, this is sure to be one of the most energy efficient and healthiest homes built in Minnesota. There is still ample time to make finish selections to the interior and exterior so do not delay! Construction of the new home is planned to start in late April to early May of 2026.

3610 Northome Avenue, Deephaven

Listing courtesy of Harker & Woods.

$495,000

3 Beds ⋅ 3 Baths ⋅ 6807990 MLS

Peaceful Cul-de-Sac Living Steps from Bennett Park Experience the perfect blend of townhome convenience and single-family space. This pristine end-unit welcomes you with dramatic high ceilings, expansive windows, and a cozy fireplace, paired with a sunroom designed for peaceful mornings. The open kitchen features granite countertops and new stainless appliances. Retreat upstairs to a generous primary suite boasting a private sitting area, walk-in closet, and a luxurious bath with separate tub and shower. Two guest bedrooms, a full bath and laundry room share the upper floor. Downstairs, the unfinished lower level with egress window is a blank canvas for a future home family room, gym, office, or bedroom. Enjoy prime access to the Minnetonka Regional Bike Trail, top-rated Groveland Elementary, Lifetime Fitness, and nearby downtown Wayzata's premier shopping and dining. New roof July 2026.

17820 Valley Cove Court, Deephaven

Listing courtesy of Coldwell Banker Realty.

$425,000

6802587 MLS

Tucked in the heart of Cottagewood U.S.A., this private 2-bedroom cottage offers a rare chance to remodel or build new in one of Lake Minnetonka’s most sought-after neighborhoods. The home features a walkout lower level and an oversized one-car garage. Enjoy easy access to the neighborhood beach, parks, sport courts, scenic trails, and the beloved Cottagewood General Store. Award-winning Minnetonka Schools with Spanish Immersion available at neighborhood school Deephaven Elementary. Per the city of Deephaven, the maximum home footprint is 2982 sq feet.

20450 Linwood Rd, Deephaven

Listing courtesy of Coldwell Banker Realty.

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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.

Between $400K - $500K Deephaven Real Estate

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