What's Happening?
A luxurious estate on Lake Minnetonka has been listed for sale at $22 million. The property, located in the Glueks Point area of Deephaven, spans 2.39 acres and includes 350 feet of lakeshore with a private sandy beach. The estate, built in 2015, features a five-bedroom, nine-bathroom home with 10,440 square feet of living space. Designed by Charles Stinson Architecture and Streeter Homes, the property boasts panoramic lake views, a sprawling porch, an outdoor dining area with a fireplace, and an infinity pool. The lower level includes four junior suites, a bunk room, an exercise room, a wine cellar, and a recreational area. Additionally, a waterside boathouse offers a rooftop deck, kitchenette, and outdoor shower. The estate, once owned by the Gluek family of Gluek Brewing Company fame, is listed by Jeffrey Dewing of Coldwell Banker Realty.
Why It's Important?
The listing of this estate highlights the high-end real estate market in the Lake Minnetonka area, known for its luxurious properties and affluent residents. The $22 million price tag reflects the premium placed on lakeside living and the exclusivity of the location. This sale could influence property values in the region and attract wealthy buyers seeking privacy and luxury. The estate's unique features, such as its extensive lakeshore and high-end amenities, underscore the demand for properties that offer both opulence and natural beauty. The involvement of renowned architects and builders further enhances the property's appeal, potentially setting a benchmark for future luxury developments in the area.
What's Next?
Potential buyers interested in the estate will likely include high-net-worth individuals seeking a prestigious residence or a vacation home. The sale could prompt further interest in the Lake Minnetonka real estate market, possibly leading to more high-value listings. Real estate agents and developers may monitor the sale closely to gauge market trends and buyer preferences. The outcome of this sale could also impact local real estate strategies, influencing how similar properties are marketed and priced in the future.
