Massive Lake Minnetonka Housing Project in Works
A new housing development on the shores of Lake Minnetonka has everyone watching very closely. The project called, Woodland Cove, at Highway 7 and Kings Point Road is made up of 488 acres of rolling hills, marsh lands, large trees, and farm fields. The land was previously owned by Curt Carlson and was originally planned for 13 very large lake lots. All of which would have held multi-million dollar Lake Minnetonka Homes. This land is on Halstead Bay in Minnetrista and contains over 8,800 feet of shoreline.
The new proposal being considered by the Metropolitan Council growth planners is for the site to contain over 1000 housing units from inexpensive condos to million dollar mansions. The development would bring thousands of new residents into the area. In fact, this massive project would alone double the size of Minnetrista!
The driving force behind this push is the Met Council’s 2030 Regional Development Framework which sets residential density standards in developed and developing areas where urban services are located or planned. Unfortunately, it appears that the Metropolitan Council is the one pushing the agenda. Despite objections from the cities of Minnetrista, Minnetonka, the Watershed District and the Three Rivers Board, the Met Council refuses to change its mind.
The parks and a 300-acre wetland known as Six Mile Marsh adjacent to the Woodland Cove land form an expanse of habitat attractive to bald eagles, ospreys and other animals that need to roam. Additionally, the property has some undisturbed natural wetlands near the lake where lily pads and American lotus grow wild. Of the total 488 acres, over 100 acres are undevelopable, consisting of wetlands, wetland buffers, floor plains, and steep slopes.
I am a licensed Realtor in the State of Minnesota. This website is not a multiple listing service, but each Minnesota & Minneapolis real estate agent is a member of the Regional MLS of MN, inc., a provider of the Minnesota MLS.
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