Dan Hollerman Compass

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Wayzata, MN
Dan Hollerman Compass

SPECIALIZING IN THE HOMES, LAKESHORE AND LIFESTYLE AND HISTORY OF LAKE MINNETONKA Learn more at www.hollerman.com

FOCUSED LAKE MINNETONKA REALTOR

Dan Hollerman is a leader in the Lake Minnetonka regional real estate market and offers the analysis and insight to capitalize on the right seller and buyer opportunities for his clients. Having explored and experienced all of Lake Minnetonka and its many treasures, Dan can provide an insider's perspective on the constantly evolving landscape and lakeshore of Minnesota's premier lake.

05/25/2026

Happy Memorial Day Lake Minnetonka. We would like to take a moment to thank all of our military servicemen and women. Thank you for your dedication to our country, we know freedom isn’t free and want to thank you for your sacrifice.

05/22/2026

April 2026 Lake Minnetonka Stats

• 15 Lake Minnetonka homes sold
• Average List Price: $2,662,853
• Average Sale Price: $2,627,637
• Average Buyer Discount: 1.32%
• Average Sold Price per Sq. Ft.: $702.61
• Average Days on Market: 97 days
• Highest Sale: $6,700,000

Market Perspective
April marked a significant acceleration in the Lake Minnetonka market as the spring season gained momentum. Fifteen lake homes sold during the month, up from just 12 sales in April of 2025, while average sale prices increased substantially year over year, rising from $1,763,750 last April to $2,627,637 this year.

The market also showed improved efficiency, with average marketing times declining to 97 days on market. As seasonal demand returned to the lake, buyers appeared more willing to act decisively on well-positioned properties offering strong shoreline, updated condition, and desirable locations.

The sale-to-list ratio strengthened to 98.7%, reflecting one of the tightest negotiation environments we’ve seen in recent months. Properly priced and thoughtfully presented homes continue to attract meaningful interest, particularly as buyers prepare for the summer lake season.

Inventory currently stands at 75 active lake homes, providing buyers with a broad range of options across varying price points, shorelines, and locations around the lake. With competition increasing, strategic presentation, timing, and lake-specific expertise remain essential to maximizing value in today’s market.

For detailed sales data, upcoming opportunities, or a confidential evaluation of your Lake Minnetonka property, visit hollerman.com or reach out anytime.

05/20/2026

Welcome to 5325 Edsall Road on Lake Minnetonka. A fully reimagined lakeside retreat featuring expansive level lakeshore, a rare natural sandy beach, and sweeping southern views across Upper Lake.

Recently renovated throughout with elevated finishes, vaulted living spaces, a brand-new gourmet kitchen, and exceptional indoor-outdoor entertaining areas designed to maximize the lake lifestyle.

Vacant and move-in ready just in time for summer on Lake Minnetonka.

5325 Edsall Road | Minnetrista, MN
Offered at $2,995,000

Connect with us for additional details or to schedule a private showing:
https://www.compass.com/homedetails/5325-Edsall-Rd-Mound-MN-55364/EEAQO_pid/?origin=listing_page&origin_type=copy_url&agent_id=619d39117581ba0001572d12

05/19/2026

Fully renovated Lake Minnetonka retreat with expansive level lakeshore, natural sandy beach, and panoramic southern views across Upper Lake. Thoughtfully redesigned with elevated finishes, vaulted spaces, a brand-new gourmet kitchen, and exceptional indoor-outdoor living. Vacant and ready to enjoy this summer.

5325 Edsall Road | Minnetrista, MN
Offered at $2,995,000

Connect with us for more information or to schedule a private showing at hollerman.com

05/17/2026

Lake living in the heart of lake Waconia

Just steps from downtown dining, coffee shops, parks, trails, and the marina — 208 E Lake St offers the rare opportunity to enjoy both walkable small-town charm and year-round waterfront living on Lake Waconia. Boating, sunsets, restaurants, and entertainment all right outside your door.

Connect with us for more information or to schedule a private showing.

208 E Lake St, Waconia
Offered at $2,200,000

05/08/2026

Just Listed | 208 E Lake Street | Waconia
$2,200,000

Lake Waconia living at its best. Exceptional waterfront home featuring expansive lake views, one-level living with a main-floor primary suite and executive office, incredible entertaining spaces, geothermal heating, and extensive garage space for all the lake toys. Enjoy easily accessible dockage, a lakeside cabana, and walkability to downtown Waconia’s restaurants, marinas, parks, and trails.

Connect with us for a private showing.

05/05/2026

Just Listed | 12030 28th Avenue N, Plymouth

This is what lake living on Medicine Lake looks like.

From the moment you arrive, the setting speaks for itself—private shoreline, wide-open water views, and outdoor spaces designed to be used all season long. Mornings on the deck, afternoons on the lake, evenings by the fire or in the cabana… this is a home built around the lifestyle.

Inside, the flow is effortless. Expansive gathering spaces, a reimagined primary suite with elevated lake views, and a walkout level designed for entertaining—complete with a sauna, game area, and screened porch that extends the season.
All of it, just minutes from downtown Minneapolis and within the Wayzata School District.

Homes like this don’t come around often - especially on a lake this accessible.
Let’s connect for a private showing or more details.

05/01/2026

March 2026 Lake Minnetonka Stats

• 6 Lake Minnetonka homes sold
• Average List Price: $4,805,000
• Average Sale Price: $4,582,500
• Average Buyer Discount: 4.63%
• Average Sold Price per Sq. Ft.: $698.38
• Average Days on Market: 124 days
• Highest Sale: $8,080,000

Market Perspective

As the market transitions into spring, March brought a meaningful shift in activity. Closed sales doubled from the prior month, signaling renewed buyer engagement as new inventory and seasonal timing begin to align.

Marketing times shortened to an average of 124 days, a noticeable improvement from earlier in the year. While buyers remain highly discerning at this level, the right properties, those that check the boxes on shoreline, setting, and overall condition, are beginning to move with greater efficiency.

The sale-to-list ratio came in at 95.4%, tightening from prior months and pointing to stronger alignment between buyers and sellers. This suggests that when a property is positioned correctly, the gap between expectation and outcome continues to narrow.

At the same time, inventory expanded to 71 active lake homes, creating a more competitive landscape. Buyers have options, and those choices are shaping behavior. Properties that tell a clear story, both in pricing and presentation, are standing out, while others risk extended time on the market.

For detailed sales data, upcoming opportunities, or a confidential evaluation of your Lake Minnetonka property, visit hollerman.com or reach out anytime.

04/24/2026

JUST LISTED | 12030 28th Avenue N, Plymouth

Rare opportunity to own a turnkey Medicine Lake home with true boatable lakeshore in the Wayzata School District, just minutes from downtown Minneapolis. Set on easily accessible private shoreline, the property offers resort-style living with expansive decks and patios, a hot tub gazebo, and a lakeside cabana featuring a sitting area, wet bar, and outdoor shower. Extensive landscaping, curated plantings, and professional lighting create a private, inviting setting.

The home is meticulously maintained and offers a highly functional layout with both formal and informal living and dining spaces, ideal for everyday living and entertaining. Upstairs, two bedrooms have been combined to create an expansive primary suite with lake views, a private deck, and a spa-inspired bath with jetted tub and steam shower. The layout can easily be reconfigured to restore a fourth bedroom.

The walkout lower level is designed for relaxation and recreation, featuring a spacious family room, game area, sauna, dedicated office, additional bedroom, and an oversized screened porch with integrated TV.

Additional features include two heated, epoxy-finished garages. The bright upper-level garage is outfitted with custom cabinetry, while the lower-level garage, accessible from a second mudroom, offers ideal storage for lakeside gear, water toys, and additional vehicles. A mudroom on each level enhances everyday convenience and functionality.

A rare combination of condition, setting, and location offering a true lake lifestyle close to the city.

List Price $1,650,000

04/10/2026

Compass has been named the #1 independent brokerage in the United States by sales volume for the fifth year in a row by , the undisputed leader in ranking residential real estate agents’ performance.

It’s a meaningful recognition - one that reflects the scale, reach, and strength behind every client we represent.

For our clients on Lake Minnetonka, that translates into something simple: more exposure, stronger positioning, and a competitive edge when it matters most.

If you’re considering a move, let’s connect for a confidential, no-pressure conversation to develop a clear strategy and maximize your Lake Minnetonka investment.

Address

401 Lake Street E
Wayzata, MN

Telephone

+19522921200

Website

https://www.linkedin.com/in/danhollermanrealtor/, https://www.youtube.com/@danhollerman, http://www.hollerman.com/

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