Frequently these days you will hear Minnesota REALTORS whine about how rough the Minneapolis real estate market is. But I bet you dollars-to-donuts that if you are looking for Hennepin County lake property or any sort of Minnesota lakeshore right now, you aren’t complaining very loudly. In fact, if you are looking at foreclosed Hennepin County lake homes or any kind of bank-owned Minnesota lakeshore, you are probably happier than a pig in mud. Check out those prices!
Here are some bank-owned Hennepin County lake properties for sale on the MLS right now:
See ALL bank-owned Hennepin County MN lake homes for sale on the Minnesota MLS/IDX system.
Foreclosed Hennepin County Lake Homes: Champagne Taste on a Beer Budget
At the time of this post, there were 31 foreclosed Hennepin County lake homes available on the Northstar Regional MLS/IDX system, and 16 of them are under 200K. Minneapolis sports the moniker “City of Lakes” and right now, you could call it the “City of Cheap MN lake homes. Just a note of clarification… Minneapolis lake homes are not actually directly on lakefront, but right now, you can get some fabulous Georgian colonials or contemporary-style Minneapolis mansions with views of Lake Harriet, Lake of the Isles, Lake Calhoun, and Lake Nokomis for far-and-away under 1M. For a little over $1M, you can get yourself a hoidy-toidy Edgewater penthouse overlooking Lake Calhoun. Head on out to Lake Minnetonka, and you will be pleased to know that those highbrau colonials on Wayzata Bay will probably never be more affordable.
Beer Taste on a Beer Budget
The real cheap ones are out there for you. Consider that right now, you can get a Lake Minnetonka lake home in Mound MN in the $160’s in the Bay Bridge area if you don’t dawdle and screw up the opportunity.