Anthony Edwards House: Inside His $260M Lake Minnetonka Mansion in Minnesota

In mid-2023, Anthony Edwards signed a five-year contract extension worth up to $260 million with the Minnesota Timberwolves. Within weeks, he made another major move — buying a luxury estate on the shores of Lake Minnetonka.

This was no casual purchase. The property had sat on the market for over two years. Edwards reportedly acquired it at roughly 66 percent of its original asking price, turning a stalled listing into one of the most talked-about athlete home deals in recent Minnesota history.

At 22, the Timberwolves guard planted roots in a state many expected him to leave. His Lake Minnetonka mansion tells a bigger story — one about financial strategy, long-term commitment, and how a young NBA star builds a life around the team that drafted him.

Here is everything publicly known about the Anthony Edwards house: the purchase, the property, the location, and what it reveals about his future in Minnesota.

Key Details at a Glance

Which Anthony Edwards? Clearing Up the Common Confusion

Before going further, something trips up many searchers. Two well-known public figures share the name Anthony Edwards, and their properties often get mixed up in search results.

The first is Anthony Edwards, the NBA player — the Minnesota Timberwolves guard, number one overall pick in the 2020 NBA Draft, and the focus of this article. His primary residence is the Lake Minnetonka mansion in Minnesota.

The second is Anthony Edwards, the actor, best known for playing Goose in the original Top Gun and Dr. Mark Greene on ER. He recently listed a historic beachfront property in the Capistrano Beach neighborhood of Dana Point, California, for $6.5 million. That Spanish Colonial Revival home was built in 1928 by the prominent Doheny family and has five bedrooms spread across 2,166 square feet. The actor purchased it in 1998 for $1.525 million. Different property, different state, different person.

The rest of this article focuses on the NBA player and his Minnesota estate.

The Purchase That Changed Everything

A Contract and a Commitment

Anthony Edwards agreed to a five-year designated max contract extension with the Minnesota Timberwolves in mid-2023. The deal, worth up to $260 million, was the largest in franchise history. It signaled something both sides agreed on: Edwards was not going anywhere.

For NBA players, the timing of a real estate purchase often tells the real story. Renting means flexibility. Buying a multi-million-dollar estate means commitment. Edwards bought his Lake Minnetonka property shortly after signing the extension — a clear message that Minnesota is home.

Two Years on the Market — Then Edwards Stepped In

The Lake Minnetonka estate had been listed on the open market for more than two years. Luxury homes at this level often take time to sell. The pool of buyers who can afford a property of this scale — and who want to live in the Minneapolis area year-round — is small.

Edwards reportedly secured the property at approximately 66 percent of its original asking price. That is a steep discount, even by luxury market standards. It points to patient, calculated negotiating — the kind backed by experienced financial advisors and real estate professionals. The extended time on the market worked in his favor.

For a 22-year-old making his first major real estate investment, this was not an impulse. It was a strategy with clear long-term upside.

Where Does Anthony Edwards Live?

Anthony Edwards lives on Lake Minnetonka, a large, multi-bay lake roughly 20 miles west of downtown Minneapolis. It is the most prestigious residential area in Minnesota.

Lake Minnetonka has long attracted wealth and celebrity. The late musician Prince owned property nearby. Former Timberwolves star Karl-Anthony Towns kept a lakefront estate there, reportedly valued at $4.75 million. Listings in the area run as high as $55 million.

What draws NBA players to Lake Minnetonka comes down to three things:

• Privacy. Gated communities, natural tree cover, and restricted access roads keep public attention at a distance.
• Proximity. Despite the secluded feel, the lake sits within a reasonable drive of the Timberwolves’ practice facilities and the Target Center in Minneapolis.
• Space. Estates here occupy large lots with private lake access — a room that downtown properties simply cannot match.

For Edwards, who grew up in Atlanta and has spoken publicly about enjoying life in Minnesota, the location balances personal comfort with professional obligations.

Inside the Lake Minnetonka Mansion

Scale and Structure

The estate spans approximately 21,500 square feet — well beyond the average luxury home, closer to a private compound. For context, the average American home is around 2,400 square feet. Edwards’ place is roughly nine times that.

Design and Materials

The design leans modern and clean, with an emphasis on connecting indoor spaces to the lakefront setting. Reported details include:

• Floor-to-ceiling glass walls offering panoramic views of Lake Minnetonka
• Walnut hardwood flooring throughout the main living areas
• Six fireplaces spread across multiple levels
• A 14-foot kitchen island designed for large-scale entertaining
• Open-concept layout that maximizes natural light and sightlines to the water

Walnut floors paired with floor-to-ceiling glass create a look that is warm but not heavy — natural materials grounded by modern architectural lines. In a Minnesota climate where winter temperatures regularly drop below zero, those six fireplaces do more than look good.

The Indoor Pool with Retractable Roof

One of the property’s standout features is its indoor swimming pool with a retractable roof. This is not decoration — in Minnesota, where winter runs from November through March, an outdoor pool sits useless half the year. A retractable roof solves that. In summer, it opens to let in air and sunlight. In winter, it closes to create a warm, enclosed swimming environment.

For a professional athlete who relies on low-impact recovery year-round, this feature carries real training value.

A Home Built for an NBA Athlete

The Private Basketball Court

The property includes a professional-grade indoor basketball court. For a player at Edwards’ level, this goes beyond convenience — it is a work tool. A full court at home means he can drill specific skills outside of team practice without traveling to a facility.

Three-Level Private Gym

The home also features a three-level private gym — a setup that rivals many professional team training facilities. Not a single room with a bench press and a treadmill. Three levels allow for:

• Dedicated strength and weight training floors
• Cardio and conditioning zones
• Recovery and flexibility areas with specialized equipment

Pair the basketball court with the gym and the indoor pool, and the property functions as a full training campus. Edwards can maintain his conditioning without leaving home — a real edge during the offseason and on rest days.

Why NBA Players Keep Choosing Lake Minnetonka

Anthony Edwards is not the first Timberwolves star to settle on Lake Minnetonka, and he likely will not be the last. The area has a long track record with professional athletes.

Karl-Anthony Towns, who played alongside Edwards before being traded, owned a significant lakefront property in the area. His estate was part of the same exclusive community that attracted Edwards. It was reportedly valued at around $4.75 million — notable, but considerably smaller in scale than Edwards’ purchase.

The appeal of this area for NBA players comes down to a specific set of needs:

Lake Minnetonka’s luxury market runs on scarcity. Only so much lakefront land exists, and new construction in established communities faces tight zoning restrictions. That scarcity keeps property values stable — and makes a purchase here a solid long-term bet.

Netflix’s Starting 5 and the World Behind Closed Doors

When Netflix released its docuseries Starting 5, viewers got something rare: a genuine look into the daily lives of NBA stars. The series followed five players through a season — including LeBron James, Jimmy Butler, and Anthony Edwards.

For Edwards, the show revealed what box scores and highlight reels never could. Cameras captured his life at home with his partner Shannon and their daughter. The footage showed a young father balancing franchise-player demands with the rhythms of family life.

The show also shifted public perception. Yes, the mansion is enormous and packed with amenities most people will never experience. But the Netflix footage revealed something more relatable — toys in living spaces, meals shared, a partner managing the home while the athlete travels for road trips.

After Starting 5 aired, searches for “Anthony Edwards’ house” spiked. Fans who knew him only from the basketball court wanted to understand the rest of his life.

The Atlanta Rumors: Is He Leaving Minnesota?

During NBA All-Star Weekend, social media captured a conversation between Anthony Edwards and Atlanta Hawks forward Jalen Johnson. The two, both from Atlanta, were seen talking closely. Clips spread quickly. Speculation followed: was Edwards hinting at a desire to return home?

The “going home” narrative is common in the NBA. Stars from major cities — Atlanta, Los Angeles, Houston — get linked to their hometown teams, no matter their current contract situation. For Edwards, who grew up in Atlanta and still has deep ties there, the rumors had surface-level logic.

But the real estate tells a different story. A multi-million-dollar estate on Lake Minnetonka is not the move of someone planning to leave. Properties at this scale involve steep transaction costs, ongoing maintenance, and long-term planning. Nobody invests like that in a city they intend to abandon.

Edwards has also spoken publicly about feeling at home in Minnesota. He has called the state home, not a stopover. The mansion backs up those words.

Atlanta remains part of his identity. Minnesota is where he is building his life.

More Than a Home: The Strategy Behind the Purchase

Anthony Edwards’ Lake Minnetonka purchase works on two levels — lifestyle and financial investment. Several factors make the math add up:

Below-Market Acquisition

The property sat on the market for over two years. Edwards bought at approximately 66 percent of the original asking price. In luxury real estate, this kind of discount is rare — and it gives the buyer instant equity.

Limited Supply, Consistent Demand

Lakefront property on Lake Minnetonka is finite. Only so much shoreline exists. New construction in established communities faces zoning restrictions and neighborhood resistance. That supply constraint props up long-term values — even during broader market downturns.

Career Stability Drives Real Estate Confidence

A five-year max contract worth up to $260 million gives Edwards the certainty to invest in a primary residence without worrying about relocation. Players on shorter deals often rent. Edwards’ deal gave him enough runway to justify a purchase at this scale.

The table below shows how contract status generally influences housing decisions among NBA players:

Edwards’ purchase fits the pattern for a supermax-level player. The below-market price, though, suggests he is thinking beyond status — he is thinking about value.

Endorsement Income Adds Another Layer

Off the court, Edwards earns significant income through endorsement partnerships, most notably with Adidas. This extra revenue gives him flexibility beyond his playing contract. Even in the event of an injury or contract restructuring, his ability to maintain the property does not depend solely on game checks.

How the Edwards Estate Compares to Karl-Anthony Towns’ Former Home

Karl-Anthony Towns, who spent nine seasons with the Timberwolves before being traded to the New York Knicks, also owned a notable property on Lake Minnetonka. Comparing the two offers insight into how Timberwolves stars approach home ownership:

Both chose the same lakefront community — Lake Minnetonka’s pull on Timberwolves stars is consistent. Edwards’ estate, though, is larger and built more around training and recovery. It reflects the modern NBA’s growing emphasis on private athletic infrastructure — and the gap in contract scale between the two players.

What the Anthony Edwards House Really Represents

The Lake Minnetonka mansion is more than a luxury purchase. It is a statement about where Anthony Edwards sees his future.

At 22, he pulled off one of the sharpest real estate moves in recent NBA memory — a discounted price on a 21,500-square-foot estate in Minnesota’s most exclusive community. The home comes equipped with everything a professional athlete needs: a private court, a three-level gym, an indoor pool built for year-round recovery, and enough space to live, train, and entertain without compromise.

The real story, though, is the decision itself. Edwards chose Minnesota over anywhere else. He bought rather than rented. He invested rather than waited. And he did it at a price that suggests patience and planning, not impulse.

For a player whose game runs on explosive athleticism and fearless decision-making, his approach to real estate reveals a different side: calculated, confident, and built to last.