18985 Lake Ave, Deephaven, MN 55391
OFF MARKET

$1,527,600

Trulia Estimate
  • 5 Beds
  • 4 Baths
  • 4,099 sqft (on 0.49 acres)

18985 Lake Ave, Deephaven, MN 55391

Est. Refi. Payment $9,727/mo*
Refinance Your Home
Currently Off Market - Sold May 27, 2022 for $1,475,000

Home Value

Trulia Estimate
$1.53M
Since last month
Decreased$29K (-1.9%)
Since last year
Decreased$197K (-11.5%)
Since last sale
Increased$43K (+2.9%)
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 +114% in the last 10 years
MonthEstimated value
2026
September 2026$1.52M
August 2026$1.53M
July 2026$1.55M
June 2026$1.55M
May 2026$1.56M
April 2026$1.54M
March 2026$1.53M
February 2026$1.51M
January 2026$1.48M
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
0.15
Single-Family Home
$1,065,000
04/20/26
4
3
4,014
0.22
Single-Family Home
$1,150,000
09/09/26
4
3.5
3,580
0.19
Single-Family Home
$1,550,000
12/15/25
4
3.5
4,155
0.34
Single-Family Home
$1,300,000
12/05/25
5
3
3,586
0.48
Single-Family Home
$1,265,000
07/15/26
4
3.5
3,543
0.05
Single-Family Home
$763,000
08/24/26
4
3.5
3,180
0.18
Single-Family Home
$1,410,000
09/09/26
3
2.5
3,311
0.18
Single-Family Home
$1,400,000
12/22/25
3
3.5
3,476
0.26
Single-Family Home
$2,203,841
07/29/26
5
4.5
5,086
0.19
Single-Family Home
$563,000
04/27/26
5
4.5
5,819

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
0.01
$330,000
2
1
840
Recently Sold
0.04
$723,400
3
3
2,196
Off Market
0.07
$783,100
-
-
-
Off Market
0.05
$763,000
4
3.5
3,180
Recently Sold
0.05
$750,000
3
2
1,614
Recently Sold
0.12
$962,300
3
3
2,709
Off Market
0.08
$909,600
4
3.5
2,930
Off Market
0.09
$720,200
4
2.5
2,550
Off Market
0.09
-
-
-
-
Off Market
0.13
$1,421,800
6
3.5
4,090
Off Market
0.13
$1,311,600
4
3.5
3,524
Off Market
0.10
$429,600
2
1
976
Off Market

Local Information

  • Map ViewExplore the area around 18985 Lake Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2004
0.49 acre lot
4,099 sqft
$373/sqft
Garage

About this House

This single-family home is located at 18985 Lake Ave, Deephaven, MN. 18985 Lake Ave is in Deephaven, MN and in ZIP code 55391. This property has 5 bedrooms, 5 bathrooms and approximately 4,099 sqft of floor space. This property has a lot size of 0.49 acres and was built in 2004.
18985 Lake Ave, Deephaven, MN 55391 is a 5 bedroom, 5 bathroom, 4,099 sqft single-family home built in 2004. It last sold for $1,475,000 on May 27, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,527,600, with a rent estimate of $6,313/month.

Home Details for 18985 Lake Ave

Interior Features

Interior Details
BasementNumber of Rooms: 8
Heating & Cooling
Heating: WallAir ConditioningHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Wood
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 2004Year Updated: 2003
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.49 acres

Price and Tax history

DateEventPrice
Apr 30, 2025
Source: NorthstarMLS as distributed by MLS GRID #6706567
ListingRemoved
$1,725,000
Apr 24, 2025
Source: NorthstarMLS as distributed by MLS GRID #6706567
Listed For Sale
$1,725,000
May 27, 2022
Source: NorthstarMLS as distributed by MLS GRID #6166707
Sold
$1,475,000
Mar 21, 2022
Source: NorthstarMLS as distributed by MLS GRID #6166707
Pending
$1,475,000
Sep 11, 2015
Source: NorthstarMLS as distributed by MLS GRID #4624007
Sold
$675,000

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
8
MoM

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 "
  • debd
    "Everyone is very friendly and will help you out if you asked. The police patrol regularly. Snowplowing done regularly. "
  • 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 "
  • 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 "
  • stephanie o.
    "It has very friendly neighbours. We are walking distance to restaurants beaches and trails salons fitness centers and groceries."
  • 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."
  • Dane S.
    "Close to 101 and Minnetonka Blvd. Great Minnetonka schools. Quiet and safe neighborhood. Beautiful lot."

LGBTQ Local Legal Protections

Frequently asked questions about 18985 Lake Ave

  • What is 18985 Lake Ave estimated to be worth?
    Trulia's estimated value for 18985 Lake Ave in Deephaven, MN is $1,527,600.
  • What is the price history for 18985 Lake Ave?
    18985 Lake Ave in Deephaven, MN last sold for $1,475,000 in May 2022.
  • 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 18985 Lake Ave?
    The lot at 18985 Lake Ave in Deephaven, MN is about 0.49 acres (21,344 sq ft).
  • Does 18985 Lake Ave have a garage?
    Yes, 18985 Lake Ave in Deephaven, MN has a garage.

Apartments for Rent

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