A 1967 house on a one-acre corner lot in Deephaven’s Heathcote Woods neighborhood sold for $2,993,400, the highest-priced home sale publicly reported in the Minneapolis, Minnesota metro area for the week ending August 16, 2026.
The week’s five highest reported sales combined for $12.10 million and are spread across Deephaven, White Bear Lake, Mound and Minneapolis, with Mound represented twice. Lake frontage runs through the list, with closings on White Bear Lake, Lake Minnetonka’s Cooks Bay, Phelps Bay and Lake Harriet, and build years ranging from 1923 to 2018.
No. 1 — $2,993,400 · 4202 Heathcote Rd, Deephaven, Minnesota
The Heathcote Woods house sits on a one-acre corner lot with mature trees and extensive landscaping, near Lake Minnetonka, Deephaven Elementary, Thorpe Park and the Deephaven beaches. Built in 1967, it carries five bedrooms, seven baths and a reported 6,581 square feet, and it sold on August 14, 2026. The property previously changed hands for $1,700,000 in 2014.
Enameled cabinetry and millwork run through the interior, four fireplaces are spread through the house, and the main-level primary suite has its own laundry and a separate sitting room. The kitchen combines soapstone and quartz surfaces with Wolf and Sub-Zero appliances and a pot filler above the stove. A theater room, a craft room, a hidden walk-in safe and a soundproof music room with a roughed-in recording studio are among the specialized rooms.
A screen porch leads to a private backyard with an in-ground pool, a hot tub, an outdoor kitchen and a fire pit. Four garage stalls include a detached carriage-house-style garage near the pool, with a three-quarter bath and more than 400 square feet of recreation space.
Mark D Grieger of Coldwell Banker Realty was the listing agent. The property went under contract 7 days after the current listing date, and the $2,993,400 closing ranked No. 1 in RealtyWire’s Minneapolis Metro Area Top 5 for the week. Troy L Koenig of Coldwell Banker Realty represented the buyer.
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No. 2 — $2,500,000 · 4304 Cottage Park Rd, White Bear Lake, Minnesota
On the west shore of White Bear Lake, a custom-built Cape Cod-style house completed in 2018 sold fully furnished, according to the listing. The sale closed August 14, 2026. The four-bedroom, four-bath house measures a reported 3,500 square feet in the Cottage Park neighborhood, a five-minute walk from restaurants, coffee shops and live music venues.
Two accordion-style glass door systems open the main level to the water, and a custom brick wood-burning fireplace anchors the living room. The kitchen centers on a custom boat-shaped island, and the primary suite has a clawfoot soaking tub and a private hot tub area facing the lake. The site previously changed hands for $351,000 in 2014, before the current residence was completed in 2018.
Brian Raney of Home Avenue Flat Fee Realty was the listing agent. The $2.5 million closing put Raney at the listing side of the metro’s second highest-priced reported sale for the week. Jennifer Eibensteiner of RE/MAX Results represented the buyer.
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No. 3 — $2,250,000 · 5321 Bartlett Blvd, Mound, Minnesota
A 0.88-acre property on Lake Minnetonka’s Gold Coast, in Mound, changed hands August 10, 2026. The lot runs about 100 feet wide and more than 325 feet deep, with views over Cooks Bay, and a long private drive leads in to a boathouse at the shoreline and a fire pit beside the water.
The 1989 house has four bedrooms and four baths across a reported 3,734 square feet, with lake views from nearly every room, vaulted ceilings, acacia hardwood floors and a sunroom with oversized picture windows. The lower level holds a secondary suite and a three-car garage tucked beneath the main garage.
Arthur D Hays and Bergen P Baker of Lakes Sotheby’s International Realty were the listing agents. The property went under contract 26 days after the current listing date, and Hays and Baker handled the listing side of the $2.25 million sale, No. 3 in RealtyWire’s Minneapolis Metro Area Top 5 for the week. Brian K Benson of Compass represented the buyer.
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No. 4 — $2,189,000 · 4743 Island View Dr, Mound, Minnesota
Floor-to-ceiling windows span the main level of a 2008 lakefront house in Mound, facing south over Phelps Bay and a hard sand lake bottom. The five-bedroom, five-bath house measures a reported 4,425 square feet, with four bedrooms on a single level and 10-foot ceilings on the main floor. It closed on August 11, 2026, having previously changed hands for $951,000 in 2016.
An Azek deck carries a retractable-top pergola and gas hookups for a grill and fire table, and Azek steps descend through 2021 lakeside landscaping to a flat lawn at the water’s edge. The heated three-car garage includes mezzanine storage, and the house runs on geothermal heating and cooling with radiant floor heat below. The property sits in the Westonka School District, within walking distance of Al and Alma’s Supper Club.
Kevin Gillis of Bridge Realty, LLC was the listing agent. Gillis represented the listing side of the $2,189,000 transaction, which ranked No. 4 in RealtyWire’s Minneapolis Metro Area Top 5 for the week. Andrew Spilseth of Compass represented the buyer.
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No. 5 — $2,165,000 · 4637 E Lake Harriet Pkwy, Minneapolis, Minnesota
A suspended lap pool sits on the upper level of a 1923 lakefront residence on East Lake Harriet Parkway in Minneapolis, added when the house was expanded in the late 1980s along with a main-level family room and a two-story gallery. The sale was completed August 12, 2026.
Originally built in a Mediterranean style, the five-bedroom, five-bath house measures a reported 9,017 square feet, with Lake Harriet visible from the music room, living room, dining room and a lake-facing terrace. The kitchen and baths have been updated, the basement holds a second kitchen and bar, and the primary suite has a renovated bath with a steam shower and sauna. The property previously changed hands for $1,300,000 in 2023.
Laura A Paukert of The Realty House was the listing agent. The $2,165,000 closing put Paukert at the listing side of the fifth highest-priced reported sale in the Minneapolis metro area for the week ending August 16, 2026.
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RealtyWire selected these transactions from publicly reported residential sales identified for the calendar week ending Sunday, August 16, 2026. The report may exclude private, off-market, delayed or nondisclosed transactions. Prices, property details and professional representation are reported as available at publication and may be updated following confirmation from transaction participants.
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