Lake Minnetonka is a lake located about 16 miles west-southwest of Minneapolis, Minnesota. Lake Minnetonka has about 23 named bays and areas. The lake lies within Hennepin and Carver counties and is surrounded by 13 incorporated municipalities. At 14,528 acres, it is Minnesota's ninth largest lake. It is a popular spot for local boaters, s…Lake Minnetonka is a lake located about 16 miles west-southwest of Minneapolis, Minnesota. Lake Minnetonka has about 23 named bays and areas. The lake lies within Hennepin and Carver counties and is surrounded by 13 incorporated municipalities. At 14,528 acres, it is Minnesota's ninth largest lake. It is a popular spot for local boaters, sailors, and fishermen.