18540 Lake Ave, Deephaven, MN 55391
OFF MARKET

$540,800

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,230 sqft (on 0.27 acres)

18540 Lake Ave, Deephaven, MN 55391

Est. Refi. Payment $3,437/mo*
Refinance Your Home
Currently Off Market - Sold Aug 25, 2009 for $255,000

Home Value

Trulia Estimate
$541K
Since last month
Decreased$1K (-0.2%)
Since last year
Increased$16K (+3.1%)
Since last sale
Increased$287K (+112.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +71% in the last 10 years
MonthEstimated value
2026
August 2026$542K
August 2026$542K
July 2026$543K
June 2026$545K
May 2026$537K
April 2026$540K
March 2026$532K
February 2026$529K
January 2026$519K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
18965 Lake Ave, Deephaven, MN
0.23
Single-Family Home
$330,000
01/23/26
2
1
840
3705 Westview Dr, Deephaven, MN
0.17
Single-Family Home
$450,000
03/23/26
3
2
1,636
18665 Rutledge Rd, Deephaven, MN
0.10
Single-Family Home
$600,000
01/20/26
4
2
2,104
18665 Highland Ave, Deephaven, MN
0.22
Single-Family Home
$750,000
12/17/25
2
1.5
1,537
18800 Highland Ave, Deephaven, MN
0.28
Single-Family Home
$518,950
05/15/26
3
2
2,464
3815 Deephaven Ave, Deephaven, MN
0.30
Single-Family Home
$750,000
12/03/25
3
2
1,614
18200 Fairhomes Ln, Deephaven, MN
0.26
Single-Family Home
$750,000
09/10/26
4
2
2,611
19135 Highland Ave, Deephaven, MN
0.40
Single-Family Home
$585,000
10/08/25
5
4.5
5,613
18445 Northome Blvd, Deephaven, MN
0.47
Single-Family Home
$465,000
11/25/25
3
2.5
2,215
4285 Lindsey Ln, Minnetonka, MN
0.67
Single-Family Home
$215,000
06/03/26
3
2.5
1,816

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
18605 Azure Rd, Deephaven, MN 55391
0.04
$2,289,000
5
4.5
5,083
For Sale
18540 Azure Rd, Deephaven, MN 55391
0.06
$2,203,841
5
4.5
5,086
Recently Sold
3725 Virginia Ave, Deephaven, MN 55391
0.05
$770,200
4
2.5
2,532
Off Market
18545 Rutledge Rd, Deephaven, MN 55391
0.09
$2,395,000
5
5.5
4,800
For Sale
18710 Azure Rd, Deephaven, MN 55391
0.09
$485,200
2
1
-
Off Market
18805 Azure Rd, Deephaven, MN 55391
0.14
$962,300
3
3
2,709
Off Market
18505 Minnetonka Blvd, Deephaven, MN 55391
0.20
$730,000
4
2.5
3,031
Recently Sold
3922 Heathcote Rd, Deephaven, MN 55391
0.20
$1,300,000
5
3
3,586
Recently Sold
18875 Lake Ave, Deephaven, MN 55391
0.18
$801,100
-
-
-
Off Market
3865 Hillcrest RD, Deephaven, MN 55391
0.23
$1,525,000
5
6
7,822
For Sale
18780 Minnetonka Blvd, Deephaven, MN 55391
0.22
$2,750,000
5
4.5
6,956
For Sale
18905 Lake Ave, Deephaven, MN 55391
0.21
$725,900
3
3
2,196
Off Market

Local Information

  • Map ViewExplore the area around 18540 Lake Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1966
0.27 acre lot
1,230 sqft
$440/sqft
Garage

About this House

This single-family home is located at 18540 Lake Ave, Deephaven, MN. 18540 Lake Ave is in Deephaven, MN and in ZIP code 55391. This property has 2 bedrooms, 2 bathrooms and approximately 1,230 sqft of floor space. This property has a lot size of 0.27 acres and was built in 1966.
18540 Lake Ave, Deephaven, MN 55391 is a 2 bedroom, 2 bathroom, 1,230 sqft single-family home built in 1966. It last sold for $255,000 on Aug 25, 2009. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $540,800, with a rent estimate of $2,618/month.

Home Details for 18540 Lake Ave

Interior Features

Heating & Cooling
Heating: WallAir ConditioningHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Metal
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1966Year Updated: 1988
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Aug 25, 2009
Source: N/A
Sold
$255,000

Market trends in Deephaven

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
8MoM

Around this home

What Locals Say about Deephaven

At least 11 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say car is needed

  • 100 % Say kids play outside

  • 100 % Say there's wildlife

  • 94 % Say parking is easy

  • 93 % Say it's dog friendly

  • 88 % Say there's holiday spirit

  • 87 % Say it's quiet

  • 86 % Say they plan to stay for at least 5 years

  • 82 % Say there are community events

  • 80 % Say neighbors are friendly

  • 77 % Say people would walk alone at night

  • 42 % Say it's walkable to restaurants

  • 31 % Say streets are well-lit

  • 27 % Say it's walkable to grocery stores

  • 21 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Jwjvrcnjtq
    "Yes. Nearby park is ideal for dog walks "
    0
    Flag
  • debd
    "Everyone is very friendly and will help you out if you asked. The police patrol regularly. Snowplowing done regularly. "
    0
    Flag
  • Mbkelly001
    "Easy access to Hwy 394, 494 and Hwy 7 that can get you downtown in 20 minutes. On my drive I get to travel across the lake and woods "
    0
    Flag
  • Missy C.
    "Amazing place to raise children. Walkable streets, access to beaches, parks, and trails. In between Excelsior and Wayzata, both great food and shopping destinations "
    0
    Flag
  • stephanie o.
    "It has very friendly neighbours. We are walking distance to restaurants beaches and trails salons fitness centers and groceries."
    0
    Flag
  • john
    "Deephaven is an amazing community. It's the kind of place where everyone can say they grew up on the lake. It's safe and idealic -- the kind of rare place where kids can still go explore on their bike and come home at dinner-time. They have top-notch schools. The elementary school has Spanish immersion. It's got a real community feel and quiet, quaint character. The trails, tennis courts, neighborhood beaches and parks are wonderful and consistent with Deephaven's roots as a lake resort."
    0
    Flag
  • Dane S.
    "Close to 101 and Minnetonka Blvd. Great Minnetonka schools. Quiet and safe neighborhood. Beautiful lot."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 18540 Lake Ave

  • What is 18540 Lake Ave estimated to be worth?
    Trulia's estimated value for 18540 Lake Ave in Deephaven, MN is $540,800.
  • What is the price history for 18540 Lake Ave?
    18540 Lake Ave in Deephaven, MN last sold for $255,000 in August 2009.
  • Is Deephaven a buyer's or seller's market?
    Deephaven is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Deephaven?
    Residents describe Deephaven, MN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Deephaven, MN.
  • How big is the lot at 18540 Lake Ave?
    The lot at 18540 Lake Ave in Deephaven, MN is about 0.27 acres (11,614 sq ft).
  • Does 18540 Lake Ave have a garage?
    Yes, 18540 Lake Ave in Deephaven, MN has a garage.

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