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A gray house with a white front porch. The house has a dormer window and a screened front door.

Greenwood Lake Minnetonka

A peaceful community tucked along the western edge of Lake Minnetonka.

Welcome to Greenwood

Greenwood, Minnesota, is a small, peaceful lakeside community tucked along the western edge of Lake Minnetonka in Hennepin County, known for its wooded streets, charming homes, and close-knit, village feel. Surrounded by water and neighboring cities like Excelsior and Deephaven, Greenwood offers residents easy access to boating, beaches, and trails, while still being just a short drive from the Twin Cities. Its quiet setting and scenic shoreline give it a relaxed, retreat-like atmosphere that feels worlds away from the metro hustle.

Greenwood’s roots trace back to the late 1800s, when Lake Minnetonka became a popular summer resort destination and small residential enclaves began to form around the shoreline. The area was originally part of Excelsior Township before incorporating as the Village of Greenwood in 1956 to preserve its residential character and local governance. Over the decades, it has remained one of the lake’s smallest cities, intentionally maintaining its natural beauty, limited development, and strong sense of community.

 


Overview for Greenwood Lake Minnetonka, MN

145 people live in Greenwood Lake Minnetonka, where the median age is 51 and the average individual income is $144,910. Data provided by the U.S. Census Bureau.

145

Total Population

51 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$144,910

Average individual Income

Around Greenwood Lake Minnetonka, MN

There's plenty to do around Greenwood Lake Minnetonka, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.

5
Car-Dependent
Walking Score
46
Somewhat Bikeable
Bike Score
25
Some Transit
Transit Score

Points of Interest

Explore popular things to do in the area, including Cheesecake Funk, Vitalist Fresh, and Judd Frost Clothiers.

Name Category Distance Reviews
Ratings by Yelp
Dining 3.63 miles 25 reviews 5/5 stars
Dining 1.51 miles 12 reviews 5/5 stars
Shopping 4.5 miles 6 reviews 5/5 stars
Active 3.08 miles 5 reviews 5/5 stars
Active 3.03 miles 8 reviews 5/5 stars
Active 4.18 miles 5 reviews 5/5 stars

Demographics and Employment Data for Greenwood Lake Minnetonka, MN

Greenwood Lake Minnetonka has 60 households, with an average household size of 2. Data provided by the U.S. Census Bureau. Here’s what the people living in Greenwood Lake Minnetonka do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 145 people call Greenwood Lake Minnetonka home. The population density is 3,304.18 and the largest age group is Data provided by the U.S. Census Bureau.

145

Total Population

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

51

Median Age

54.48 / 45.52%

Men vs Women

Population by Age Group

0-9:

0-9 Years

10-17:

10-17 Years

18-24:

18-24 Years

25-64:

25-64 Years

65-74:

65-74 Years

75+:

75+ Years

Education Level

  • Less Than 9th Grade
  • High School Degree
  • Associate Degree
  • Bachelor Degree
  • Graduate Degree
60

Total Households

2

Average Household Size

$144,910

Average individual Income

Households with Children

With Children:

Without Children:

Marital Status

Married
Single
Divorced
Separated

Blue vs White Collar Workers

Blue Collar:

White Collar:

Commute Time

0 to 14 Minutes
15 to 29 Minutes
30 to 59 Minutes
60+ Minutes

Available Listings

Search for Other Properties

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Start Your Journey

BG+P’s wealth of luxury real estate experience, deep understanding of the Twin Cities, and unwavering 25+ year commitment to BG+P clients have earned their trust and respect in this legendary community. Reach out and let us help you make the most out of your real estate journey.