$1,725,000

18985 Lake Ave Deephaven, MN 55391

$10,000
Closing credit¹
5 beds
3 full, 1 partial
4,099 sqft
$421 / sqft
House

Property details

About 18985 Lake Ave

One of a kind updated home located in the heart of Deephaven w/ charm throughout! Live the cabin life but only a couple minutes from the cities! Perfectly situated between Thorpe Park & Deephaven Beach w/ an easy walk to either! The home sits on one of the larger lots in Deephaven with thick woods behind it giving it maximum privacy from neighbors and the street. Walk into an expansive open concept kitchen, bench seating, quarts countertops, stainless steel appliances, and a screened in porch to enjoy quiet summer afternoons. 3 large Bedrooms upstairs w/ 2 generously sized bathrooms. Main floor master bedroom and bathroom. Updated, clean, and really charming. Laundry on the main floor makes it easy and accessible. A massive playroom for kids on the main floor. Basement entertaining area & fitness room. Sand Pit. Fenced in backyard. Sauna hook up. Insulated & heated garage. Heated paver patio (2023) so you never have to shovel your walkway in the winter. New roof installed in 2018. Bike from the home to downtown Excelsior along the bike trail. Walk to Deephaven beach for sunsets or to swim at the beach. The beach every year has new sand & is noted as one of the best beaches on all of Lake Minnetonka. Apply for a neighborhood boat slip through the cit of Deephaven. Brief drive to Lakewinds, Lifetime Fitness, or caribou coffee. A wonderful place to live & raise children. Get to downtown Minneapolis in under 20mins but feel like you are in the middle of the woods.

Highlights

Home typeSingle Family Residence
HeatingSteam, Hot Water, Radiant
StatusActive
CoolingCentral Air
Size4,099 sqft
BasementYes
Year built2004
ParkingDetached, Asphalt, Garage Door Opener
MLS #6706567
Garage2 spaces
FireplaceFamily Room, Gas, Living Room, Stone, Wood Burning

Summary

  • MLS Number: 6706567
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

IDX Broker Reciprocity Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

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, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 12:52:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home featuring a porch, a chimney, roof with shingles, and fence

$1,725,000

18985 Lake Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

8

Deephaven Elementary

Public District KG-5

0.8 mi

4452 Vinehill Rd

10

Groveland Elementary

Public District KG-5

1.2 mi

17310 Minnetonka Blvd

8

Clear Springs Elementary

Public District KG-5

2.4 mi

5701 County Road 101

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $121,032. Most Deephaven, MN residents have annual incomes between $100k-200k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

9%
<35k
27%
35k-100k
40%
100k-200k
24%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

23%
Single, No Kids
4%
Single, with Kids
44%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
10%
12-17 yrs old
9%
18-34 yrs old
53%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • LexusLexus

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • SportsSports
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 18985 Lake Ave

This home is located at 18985 Lake Ave in Deephaven, MN and zip code 55391 in the Deephaven Park neighborhood. This 4,099 square foot home was built in 2004. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $1,725,000.

While more than 0 listings in Deephaven, MN in March 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. In March 2025 in Deephaven, MN there were 33.3% more homes for sale than in February. In March 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $1,225,000.

From Rocket Homes Real Estate and based on county public records data.

More resources