This Lake Minnetonka home is located on St. Albans Bay. The property features two bedrooms, three bathrooms a two car garage and 2057 finished square feet. The home was built in 1915.

The property was listed for sale in 2007 for $2,375,000. We kept an eye on this home and identified it as one of the best deals on St. Albans bay for 2011 after multiple price reductions. If you had signed up to receive our FREE "Deal on the Lake" report, you would have known about this great property. The new owners paid just 37% of the original asking price and scooped up a great deal for $875,000.  That's $1,500,000 less than the original asking price!  The tax value is $1,287,000.  The owners purchase price was just 68% of the current tax value.

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This is a four bedroom, four bathroom, two car garage single family home that was build in 1988.  The property boasts 2734 square feet and is located on a beautiful St. Albans Bay lot on Lake Minnetonka.

This property had been on and off the market for a few years, originally listed at $1,600,000.  We watched the price for our clients and it hit our "Deals on the Lake" report in 2011.  It had been recently sold in 2004 for $975,000 and the buyers had done a beautiful remodel of the home including a new kitchen, floors and various other high-end finishes.  The property sold in August for $755,000, just 47% of the original $1,600,000 list price, that's a $845,000 discount.

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This is a four bedroom, four bathroom home with a two car garage and 3163 square feet.  The property was build in 1988 and is located on Priests Bay in Minnetrista.

After sitting on the market for 300 days we knew this client would be ready to negotiate.  The original list price was $899,000 and it recently sold for $661,680.  The owner got a great deal, picking up this great property for 73% of the original list price.

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The beautiful home is located on Harrison's Bay in Mound.  The property boasts four bedrooms, five bathrooms, a two car garage and 4150 square feet.  This home was build in 1969.

This home sat on the market for over 700 days and was on our radar as the price started to drop.  We figured they would be motivated and ready to sell after such a long time on the market.  The original list price was $929,000 and the recent buyers picked it up for $476,000, just 51% of the original asking price.  The county tax value on the property is $675,000.  The owners purchase was 73% of the fair market value as estimated by the county appraiser.  By all accounts this was a "Deal on the Lake".

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This is a four bedroom, four bathroom, three car garage home that was built in 2003.  The property has 4097 finished square feet and has lakeshore on Harrisons Bay. 

This was a bank owned property that was originally listed for $1,450,000.  The buyers paid just $681,000, a discount of $769,000 or 47% of the original list price.  The tax value on this property is $763,000 which means the buyers paid only 89% of the county assessed value. 

Don't let a deal like this slip away.  Get our weekly "Deals on the Lake" report.

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This beautiful house is located on Jennings Bay and features four bedrooms, three bathrooms a two car garage and 3334 finished square feet.  The property was build in 1998.

This property sold for $815,000 in 2005.  It hit the market in 2011 for $829,900 and was priced to move.  The buyers recognized a deal when they saw one and closed for $545,000 or 67% of the 2005 purchase price.  The county assessed the value at $770,000, $225,000 more than the buyers paid.

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This four bedroom, four bathroom, two car garage property was built in 1945 and has 3350 finished square feet.  The property has frontage on Phelps Bay.

The current county assessed tax value of this house is $827,000.  The list price was $624,900.  The buyers negotiated a $40,000 discount and paid $585,000 when they purchased it in 2011.  How would you like to buy a house on Lake Minnetonka for 70% of tax value, like these buyers?  Just sign up for our weekly "Deals on the Lake" report. 

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Great frontage on Lake Minnetonka's North Arm.  This is a four bedroom, four bathroom, two car garage house with 2185 square feet.  It was built in 1955.

This property sold for $725,000, $280,000 less than the original list price.  Our team kept an eye on this property and alerted our "Deals on the Lake" members of this hot opportunity.  The county assessed value is $997,000.  No matter how you look at it, this was a great deal. 

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This is a three bedroom, three bathroom, two car garage house located on Gideon's Bay.  The home was built in 1960 and features 1950 square feet.

We had our eyes on this one for a while.  It was on and off the market for years, starting out at $1,095,000 and was slowly reduced over the years.  It was a "Deal on the Lake" and a lucky buyer paid just $550,000 for it, almost half of the original list price.

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This Lake Minnetonka property is located on Gideon's Bay and features three bedrooms, three bathroom, a two car garage and 1839 square feet.

This house was priced pretty competitively to begin with at $1,000,000 already $100,000 under the tax assessed value.  We alerted our "Deals on the Lake" members and it was snatched up for just $875,000.

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