Minnetonka Mortgage Options

All About Minnetonka

Minnetonka, Minnesota

Located in Hennepin County just eight miles west of Minneapolis, Minnetonka is a fully developed suburban community of just under 50,000 residents. Minnetonka is proud of its reputation as a city that preserves its natural resources—residents can enjoy 49 community parks, more than 81 miles of maintained sidewalks and trails and more than 1,000 acres of public open space, as well as natural scenery that includes mature trees, wetlands and prairies. While Minnetonka shares its name with the very popular Lake Minnetonka, the city of Minnetonka includes only one small bay of the lake – Gray’s Bay, which forms the headwaters of Minnehaha Creek.

The citizens of Minnetonka have a great deal of pride in their city. Minnetonka has a thriving business community, high quality office developments, and beautiful residential areas. There are dozens of ponds and three major creek corridors in the city. In addition, careful planning has allowed the city to maintain a significant amount of open space, park land and wetland areas. These characteristics help make Minnetonka truly a special community.

The community center, a part of the civic center complex on Minnetonka Boulevard and Williston Road, houses an active senior citizens program, as well as a beautiful banquet room and meeting rooms for the public’s use. The city has numerous recreation programs and more than 40 public parks available to residents. In addition, there are many opportunities for citizens to participate in community recreational and volunteer activities. (source: https://eminnetonka.com/community)

Things To Do In Minnetonka:

Come Spend A Day In Minnetonka!

Three Rivers Park District
The Three Rivers Park District is a recreational district that supports activities including archery, geocaching, biking, boating, camping, fishing, and picnicking.

Lake Minnetonka LTR Regional Trail
Part of the Three Rivers Park District, Lake Minnetonka LTR Regional Trail offers both paved/unpaved paths for the bicyclists, hiker, jogger or casual walker to enjoy.

Shady Oak Beach
Shady Oak Beach is a white sand beach stretching about 76 feet. Attractions include two sand play areas, a sand volleyball court, picnic shelters, canoe rentals, public restrooms, and fishing areas.

Bennett Family Park
Home to several regional baseball and softball leagues, Bennett Family Park offers eight baseball fields for visitors to play at.

General Store of Minnetonka
The General Store of Minnetonka provides a personalized service that could only be experienced in the early 1900s. They have a selection of home decor, special gifts and old time classics.

Big Thrill Factory
Big Thrill Factory is a family entertainment center and arcade. Visitors will find an 18-hole miniature golf course, bowling, a laser tag arena, bumper cars, climbing walls, arcade games, and an in-house pizzeria.

Minnetonka Tennis Club
With four indoor courts, Minnetonka Tennis Club provides its members with a pro shop and certified instructors to help improve their game.

Minnetonka Ice Arena
The Minnetonka Ice Arena is a public ice-skating facility that offers public skating, figure skating lessons, and adult hockey leagues.

Bryant Lake Regional Park
Featuring terrain including grasslands, woodlands and wetlands, Bryant Lake Regional Park is home to wildlife like deer and waterfowl.

Dakota Rail Regional Trail
Offering 13 paved miles, the Dakota Rail Regional Trail follows the route of the former Dakota Rail Corridor.  (source: http://www.tripbuzz.com/free-things-to-do/minnetonka-mn)

Education in Minnetonka

About Minnetonka Educational System

The city of Minnetonka is covered by three independent school districts.  The Hopkins School District, which encompasses the central and eastern part of Minnetonka; the Minnetonka School District, in the western part of city south of Lake Minnetonka; and the Wayzata School District, which covers an area along the northern boundary of the city. Some students attend public schools in other school districts chosen by their families under Minnesota’s open enrollment statute.

The Minnetonka School District also includes four schools outside of the city of Minnetonka: Deephaven Elementary School (Deephaven, MN),Excelsior Elementary School (Excelsior, MN), Minnewashta Elementary School (Shorewood, MN), and Minnetonka Middle School West (Chanhassen, MN)

The Hopkins School District comprises two thirds of the city of Minnetonka, the entirety of Hopkins, and portions of the cities of Golden Valley, Edina, St. Louis Park, Wayzata, and Plymouth. In addition to schools located within Minnetonka, the Hopkins School District also includes four schools in the cities of Hopkins and Golden Valley: Eisenhower Elementary School/Xin Xing Academy (Hopkins, MN), Alice Smith Elementary School (Hopkins, MN), Meadowbrook Elementary School (Golden Valley, MN), and Harley Hopkins Early Childhood/Family Center (Hopkins, MN).

Private schools
There are three private and parochial schools within Minnetonka’s city limits:

  • Accell Academy, an accredited private college preparatory school serving grades K-12
  • Immaculate Heart of Mary Catholic School, preschool through eighth grade
  • Minnetonka Christian Academy

Public libraries

The Hennepin County Library has its headquarters in the Ridgedale Library in Minnetonka. In addition the system operates the Minnetonka Library. (source: https://en.wikipedia.org/wiki/Minnetonka,_Minnesota#Education)


History of Minnetonka:

Minnetonka is rich in history!

Although Minnetonka has a long history stretching back to the mid 1800s, when the first settlement was established along Minnehaha Creek, it’s the 50th anniversary of incorporation as a village that the city celebrates in 2006. Here’s a brief look at some of the highlights of Minnetonka’s history.

The land that would come to be known as Minnetonka was sacred ground for Native Americans. The dense woods and open prairies made for good hunting, while Lake Minnetonka provided excellent fishing. The Dakotah Sioux  and Ojibway Chippewa would cross through Minnetonka as they traveled between Shakopee and Mille Lacs. A major Indian trail through Minnetonka crossed Minnehaha Creek just below the rapids at present-day Minnetonka Mills, then ran along the present Baker and Plymouth roads.

In 1851, Indian tribes signed an agreement allowing settlement of lands west of Fort Snelling, and by 1852, Minnetonka’s first settlement was established at the current Minnetonka Mills site. Available water power and the clearing of trees for farms provided the right ingredients for establishment of a saw mill, the only one west of the Mississippi River. A few years later, the addition of a furniture factory created the largest business center in Hennepin County. By 1869, the saw mill was replaced by a flour mill, which operated until the mid 1890s when it could no longer compete with the larger mills on St. Anthony Falls in Minneapolis.

Early settlers came to Minnetonka primarily from New England and other states east of Minnesota, from northern Europe and the British Isles, and from Bohemia (now part of Czechoslovakia). The Bohemians, or Czechs, introduced the techniques to grow raspberries in this climate, a success the neighboring city of Hopkins has been capitalizing on since 1935 with its annual Raspberry Festival.

As Minnetonka was settled, several small, distinct commercial areas, all two to three miles apart with farms and homes in between, developed over the years. Those areas came to be known as Minnetonka Mills, Glen Lake, Groveland, and Oak Knoll.(source: https://eminnetonka.com/history#the-early-years)

Minnetonka’s Neighborhood

Check out Minnetonka’s Neighborhood

Minnetonka is a medium-sized city located in the state of Minnesota. With a population of 51,669 people and 14 constituent neighborhoods, Minnetonka is the 17th largest community in Minnesota.

Minnetonka home prices are not only among the most expensive in Minnesota, but Minnetonka real estate also consistently ranks among the most expensive in America.

Minnetonka is a decidedly white-collar city, with fully 90.07% of the workforce employed in white-collar jobs, well above the national average. Overall, Minnetonka is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Minnetonka who work in management occupations (14.66%), sales jobs (14.33%) and office and administrative support.

Also of interest is that Minnetonka has more people living here who work in computers and math than 95% of the places in the US.

If knowledge is power, Minnetonka is a pretty powerful place. 55.69% of the adults in Minnetonka have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Minnetonka in 2010 was $48,600, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $194,400 for a family of four.

The people who call Minnetonka home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Minnetonka residents report their race to be White, followed by Black or African-American. Important ancestries of people in Minnetonka include German, Norwegian, Irish, Swedish, English and Polish.

The most common language spoken in Minnetonka is English. Some people also speak Spanish.(source: https://www.neighborhoodscout.com/mn/minnetonka/)

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    Allison Selden

    Loan Officer

    Allison Selden is an expert in helping clients through the mortgage process by educating them to make the best decision. As a licensed loan officer with Waterstone Mortgage, she specialize in purchases and refinances. Your home is one of the biggest purchases you will ever make, put your mortgage in the hands of someone you can trust.