Wayzata, MN · Serving Deephaven & Lake Minnetonka
Custom Home Builder
Deephaven, MN
Stonewood builds extraordinary custom homes in Deephaven: from lakefront estates on Lake Minnetonka to teardown-rebuilds and new construction on your lot. Rooted in Wayzata. Built for Deephaven.
Deephaven, Minnesota
Stonewood: Deephaven’s Luxury Custom Home Builder
Deephaven is one of Minnesota’s most coveted addresses. Tucked along the southern shore of Lake Minnetonka, with quiet, wooded streets winding past Smithtown Bay, Carson’s Bay, and Priest Bay, Deephaven offers something increasingly rare in the Twin Cities metro: space, privacy, and a genuine lake lifestyle, all within twenty minutes of downtown Minneapolis.
Stonewood has built and overseen custom homes throughout the Lake Minnetonka corridor for over seventy years. Our office is headquartered in neighboring Wayzata, which means the Deephaven market is not a distant job for us. It is our backyard. We know the city’s zoning nuances, the DNR shoreline setback requirements, the character of its neighborhoods block by block, and the kinds of homes that belong here.
Whether you own a lot in Deephaven and are ready to build, have an older home you’re considering tearing down and replacing, or are searching for the right luxury custom home builder near Lake Minnetonka, Stonewood is Deephaven’s answer.
Why Deephaven Is One of Minnesota’s Premier Custom Home Markets
A Community Built on Lake Lifestyle
Deephaven, Minnesota sits in the heart of Hennepin County along the southeastern edge of Lake Minnetonka, one of the most sought-after lakefront addresses in the entire Midwest. With a population of roughly 3,900, Deephaven maintains the feel of an intimate, close-knit lake community while offering immediate access to the amenities, schools, and culture of the broader Twin Cities metro. For families and individuals who want a genuine lake lifestyle without sacrificing proximity to the city, Deephaven is unmatched.
The city’s defining characteristic is its relationship to water. Lake Minnetonka’s many bays, including Smithtown Bay, Carson’s Bay, Priest Bay, and Halsted’s Bay, each create distinct micro-neighborhoods with their own character and orientation. Some lots command direct lake frontage with private docks; others enjoy elevated positions with sweeping lake views across the tree canopy. Still others sit on quiet interior streets where wooded lots provide natural privacy without sacrificing a short walk to the water. Stonewood has built custom homes in all of these settings. We understand how each lot type dictates design, how to maximize views while respecting mature tree lines, and how to engineer foundations and drainage on lakefront parcels where soil conditions vary dramatically.
The Teardown-Rebuild Opportunity in Deephaven
Deephaven’s housing stock tells the story of a community that grew intensively through the mid-twentieth century. Many of the homes along Lake Minnetonka’s bays were constructed in the 1950s, 1960s, and 1970s, built well for their era but no longer reflective of how today’s families want to live. These older structures sit on extraordinary lots: mature trees, lake frontage, generous setbacks, and established landscaping that took decades to develop. The lots themselves are irreplaceable. The structures on them, often, are not.
The Deephaven teardown-rebuild market is one of the most active and compelling opportunities in the Lake Minnetonka custom home sector. Stonewood regularly works with clients who have inherited a lakefront property, purchased an older home for its lot, or owned a Deephaven home for years and are now ready to replace it with something that reflects both their lifestyle and the genuine potential of the land. Our teardown-rebuild process handles the full scope: existing structure assessment, selective demolition, structural engineering for the new foundation, and complete custom home construction, all on your existing Deephaven lot.
Working in Deephaven requires familiarity with the City of Deephaven’s permitting process, Hennepin County requirements, and the Minnesota DNR’s shoreline regulations for Lake Minnetonka. Stonewood manages all of it, including coordination with municipal inspectors, impervious surface calculations for shoreline parcels, and any required environmental reviews. Our clients do not navigate bureaucracy. We do.
Deephaven Neighborhoods Stonewood Serves
Deephaven is not a uniform market. Its neighborhoods vary meaningfully in lot size, topography, zoning, and character. Stonewood’s familiarity with the city extends across its distinct areas, and that local knowledge shapes how we approach every project.
Smithtown Bay
One of Deephaven’s most active custom home areas. Lots along Smithtown Bay offer deep-water lake access and iconic Lake Minnetonka views. Stonewood has designed and built multiple homes in this corridor, from contemporary waterfront estates to craftsman-influenced lake homes.
Carson’s Bay
Quieter and more sheltered than some of Lake Minnetonka’s larger bays, Carson’s Bay is ideal for families prioritizing safety, calm water, and a strong sense of neighborhood. Lots here range from modest to sprawling, and Stonewood adapts its design approach accordingly.
Priest Bay and Interior Deephaven
Interior lots in Deephaven, away from direct lake frontage, offer larger footprints, more mature trees, and exceptional privacy. Stonewood builds throughout interior Deephaven, including build-on-your-lot and teardown-rebuild projects on wooded parcels along Vine Hill Road and Minnetonka Boulevard.
Near Wayzata and County Road 19
The western edge of Deephaven, bordering Stonewood’s home city of Wayzata, includes several transitional neighborhoods with strong custom home demand. Clients in this zone benefit from Stonewood’s deep Wayzata roots and our established trade network throughout the corridor.
Deephaven Schools and Community
Families choosing Deephaven typically cite Minnetonka Public Schools, consistently ranked among Minnesota’s top school districts, as a primary factor. Deephaven Elementary feeds into Minnetonka Middle School East and ultimately Minnetonka High School, a nationally recognized institution. The community itself maintains an active parks and recreation program, access to Deephaven City Beach, and a culture of outdoor living that Stonewood homes are specifically designed to complement. From mudrooms engineered for lake gear to covered outdoor living spaces oriented toward the water, every Stonewood home in Deephaven is built for how Deephaven residents actually live.
Custom Home Values in Deephaven MN
Deephaven consistently ranks among Hennepin County’s highest-value residential markets. Lakefront properties along Lake Minnetonka are among the most sought-after in Minnesota. For clients interested in understanding the investment required to build a custom home in Deephaven, Stonewood provides full pre-construction budget modeling so you know every number before a contract is signed. Contact us to schedule a discovery consultation specific to your lot and program.
Request a Pre-Construction Consultation ›What Stonewood Builds in Deephaven
Deephaven Custom Home Services
Stonewood offers a complete range of custom home services in Deephaven, MN: from waterfront estate construction to design-build for interior lots. Every project begins with the same commitment: your vision, executed without compromise.
Waterfront and Lakefront Homes
Stonewood designs and builds custom lakefront homes along Lake Minnetonka, including all DNR setback compliance, dock engineering coordination, and lake-view-optimized architecture specific to Deephaven’s bays.
Teardown and Rebuild
Own a dated home on a prime Deephaven lot? Stonewood manages complete teardown and custom rebuild, including demolition, permitting, and full construction, preserving your lot while delivering a home built for today.
Build on Your Lot
Have a Deephaven lot ready to build? Stonewood’s design-build team works from your lot’s specific characteristics: topography, trees, setbacks, and views, to design a custom home that belongs exactly where it will stand.
Luxury Home Design and Build
From initial design through certificate of occupancy, Stonewood’s integrated design-build process delivers a single point of responsibility, a unified team, and a seamless build experience for Deephaven’s most discerning homeowners.
High-End Remodeling and Additions
For Deephaven homeowners who love their lot but want to transform their existing home, Stonewood delivers luxury remodeling and additions held to the same standards as our new construction, including full architectural design and dedicated project management.
Architectural Custom Homes
Stonewood partners with leading Minnesota architects to deliver homes of genuine architectural distinction in Deephaven, from modern lake houses with clean geometry and floor-to-ceiling glass to craftsman and transitional designs rooted in the lake region’s vernacular.
The Stonewood Process: How We Build Custom Homes in Deephaven
Building a custom home is the largest financial decision most people ever make. At Stonewood, our process is designed so that at every single stage, from the first conversation to the day you receive your keys, you know exactly what is happening, why it is happening, and what comes next. Transparency is not a feature of our process. It is the foundation of it.
Discovery and Vision Alignment
Every Stonewood project in Deephaven begins with a structured discovery meeting, not a sales call. We want to understand how you live: how your family uses space, what your relationship to the lake looks like, what your morning looks like, and what your Sunday afternoon looks like. We learn about your lot, your timeline, your aesthetic instincts, and your investment parameters. This is also where Stonewood shares its portfolio of completed Deephaven-area homes, so you can see the standard of work we deliver before any agreement is signed. If Stonewood is the right builder for you, it becomes apparent here.
Site Analysis and Pre-Construction Budget
Before design begins, Stonewood conducts a thorough analysis of your Deephaven lot. For waterfront parcels along Lake Minnetonka, this includes a review of DNR shoreline regulations, impervious surface limits, setback requirements from the ordinary high-water mark, and any applicable Deephaven city ordinances. For interior lots or teardown-rebuild sites, we evaluate existing structure conditions, soil reports, tree preservation requirements, and utility connections. Simultaneously, Stonewood prepares a pre-construction budget: a detailed, line-by-line cost model built around your program and the specific conditions of your site. You will know what your home will cost before we begin design. No surprises. No bait-and-switch.
Architectural Design and Custom Floor Plans
Stonewood works with a curated group of architects and designers who specialize in Lake Minnetonka-area custom homes. The design process is collaborative and iterative: you are not handed a plan and asked to approve it. Instead, design evolves through a series of working sessions where your feedback directly shapes everything from the overall massing and orientation to the custom floor plan layout, ceiling heights, window placements, material palettes, and outdoor living integration. For Deephaven clients, this phase pays particular attention to how the home relates to the water, the trees, and the street, ensuring that every Stonewood home feels like it belongs specifically in Deephaven, not somewhere else.
Permitting and Pre-Construction Planning
Stonewood manages all permitting with the City of Deephaven, Hennepin County, and the Minnesota DNR on your behalf. For most clients, this is an opaque process full of bureaucratic friction. With Stonewood, it simply happens. We prepare and submit all permit applications, respond to city review comments, coordinate with the municipal engineer when required, and obtain approvals before mobilizing. Simultaneously, our production team finalizes all trade contracts, subcontractor schedules, material procurement timelines, and site logistics. The result: when construction begins, it begins with a fully coordinated plan, not a vague general schedule that gets renegotiated week by week.
Construction and Real-Time Transparency
Stonewood’s construction phase is where our commitment to transparency becomes most tangible. Every Deephaven client has access to a dedicated project dashboard with live visibility into schedule milestones, budget reconciliation, change orders, and photo updates. Weekly progress reports include photo evidence of completed work and notes on upcoming milestones. Significant decisions or changes, anything that affects budget or timeline, require your explicit approval before Stonewood proceeds. You will never receive a surprise invoice or discover that a change was made without your knowledge. This level of accountability is not standard in the custom home industry. At Stonewood, it is non-negotiable.
Quality Control and Inspections
Stonewood employs a multi-point quality control protocol at every critical phase of construction: framing, rough mechanicals, insulation, drywall, trim, and final finishes. Material verification is performed to confirm that specified products and materials are actually what is installed. We coordinate all municipal inspections required by Deephaven building code and, where warranted, engage independent third-party quality audits. For waterfront builds along Lake Minnetonka, this includes inspection of any retaining wall systems, drainage infrastructure, and dock-related construction. Nothing is signed off until Stonewood is satisfied it meets our standards, which are higher than code.
Closing, Walkthrough, and Warranty
As your Deephaven custom home approaches completion, Stonewood conducts a detailed pre-closing walkthrough to identify and resolve any punch list items before your move-in date. We provide complete documentation packages including warranty information for all installed systems, appliance manuals, paint colors and material specifications, and contact information for all major trade contractors. Stonewood stands behind every home we build with a comprehensive builder’s warranty, and our commitment to client relationships does not end at closing. Our clients in Deephaven and throughout the Lake Minnetonka area know they can call us long after move-in day.
Technology-Driven Transparency on Every Deephaven Build
Your Project Dashboard
Stonewood clients in Deephaven have 24/7 access to a dedicated project dashboard with live visibility into schedule milestones, budget reconciliation, change orders, and photo documentation. Distance is no barrier: whether you are in Deephaven daily or traveling, your project is always fully transparent.
Comprehensive Visual Documentation
- Drone Photography: Aerial progress documentation of your Deephaven build, including roofline, landscaping, and lake-view orientation at every major milestone.
- 360° Photography: Immersive interior walkthroughs so you can experience your Stonewood home at any construction phase, from anywhere.
- Before and After Documentation: Especially important for teardown-rebuild projects, these complete photographic records serve insurance, warranty, and personal history purposes.
- Weekly Photo Reports: Every progress report includes photo evidence with written notes. Never a vague status update.
Financial Controls That Protect You
- Milestone-Tied Payments: Structured payment schedules tied to verified, completed milestones, not arbitrary dates.
- Independent Verification: Work completion is independently verified before any draw is released.
- Change Order Approval: No change moves forward without your written approval.
- Budget Reconciliation: Regular budget reconciliation and cash-flow forecasting throughout your Deephaven build.
Common Questions
Deephaven Custom Home Builder FAQ
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in Deephaven, MN?
Stonewood brings over seventy years of Lake Minnetonka custom home expertise to every Deephaven project, from first conversation to final walkthrough. Contact us today to schedule a discovery meeting and learn what Stonewood can build for you.
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Where Stonewood Builds in Deephaven
Stonewood custom homes are built throughout Deephaven and the Lake Minnetonka shoreline. These are the neighborhoods, bays, and landmarks that define the community we call home.
Deephaven, MN
Deephaven Bay
One of Deephaven’s defining waterfront areas on Lake Minnetonka. Stonewood builds custom lakefront homes along this iconic shoreline, optimizing every design for water views, dock access, and DNR setback compliance.
Deephaven Waterfront
Smithtown Bay
A premier deep-water bay on Lake Minnetonka with some of Deephaven’s most sought-after custom home lots. Stonewood has designed and built multiple homes in this corridor, from contemporary waterfront estates to craftsman lake homes.
Lake Minnetonka Shore
Carson’s Bay
Sheltered and family-oriented, Carson’s Bay is ideal for clients who prioritize calm water, strong neighborhood character, and privacy. Stonewood builds custom homes on lots of every size throughout this bay area.
Deephaven, MN
Priest Bay
Quieter and more intimate than Deephaven’s larger bays, Priest Bay offers natural seclusion and wooded shoreline lots. Stonewood builds teardown-rebuilds and new construction throughout the Priest Bay corridor.
Interior Deephaven
Vine Hill Road
A signature interior street in Deephaven, Vine Hill Road is lined with mature trees and generously sized lots ideal for custom home construction. Stonewood is a trusted builder throughout this established neighborhood.
Deephaven, MN
Minnetonka Boulevard
One of Deephaven’s primary corridors, Minnetonka Boulevard connects the community to Wayzata and beyond. Stonewood builds custom homes along this route and on adjacent streets throughout the city.
Historic Deephaven
Keewaydin Area
Named for the historic Keewaydin estate, this lakefront district is among Deephaven’s most prestigious addresses. Stonewood builds high-end custom homes and manages teardown-rebuilds on prime lots in this area.
Deephaven and Wayzata
Lake Minnetonka Shoreline
Stonewood’s primary territory spans the full Lake Minnetonka shoreline between Deephaven and Wayzata, including lakefront estates, interior builds, and waterfront teardown-rebuild projects throughout this corridor.
Near Wayzata
County Road 19 Corridor
The western boundary of Deephaven, adjacent to Stonewood’s home city of Wayzata, includes several high-demand neighborhoods for luxury custom home construction. Stonewood’s local knowledge of this corridor is unmatched.