With a résumé that took him from managing restaurants in the San Francisco Bay Area, Lake Minnetonka and now Lake Waconia, it would seem that Ryan Sathre had a unique requirement in his job-hunting criteria.
“People joke with me going, ‘Do you only work at restaurants that are on lakes? What’s your deal?’ I feel like I need to be around a body of water of some sort,” said Sathre, who manages Lola’s Lakehouse, the only restaurant where you can dine directly on the second-largest lake in the Twin Cities metro.
Who could blame him?
Lake Waconia is a sparkling recreational hub that sometimes gets overshadowed by the other big lake to its north, sprawling Minnetonka. But its charms are well known to the people who make this far-flung corner of the west metro area, where Carver and Hennepin counties meet, their home — and to those looking to make it their home. More day-trippers and real estate hunters are drawn to the area, from Victoria to Minnetrista to Waconia, as development booms.
“When my wife grew up in Waconia, it was all farm fields,” said Dan Madsen, who, with his wife, Amy, owns Garage Bar & Bowl, a six-lane bowling alley in Waconia’s downtown core with an inventive menu of scratch-made pizzas. “Now when you drive through, those fields are massive housing developments. It’s incredible.”
The roads that lead to the lake, Hwys. 5 and 7, are sprinkled with small towns with big appetites.

In nearby Victoria, Marc Huebner began noticing more customers from suburbs like Edina and Eden Prairie making their way to his upscale Belgian and German restaurant, the Noble Lion, during the thick of the pandemic and unrest. “What happened was, nobody wanted to go into the cities to eat,” Huebner said. “People started looking to the periphery, and found me.”
Victoria is currently developing a 13.5-acre extension of its downtown to the west along Steiger Lake, with a 145-unit residential building in the works. Meanwhile in Waconia, a town of 13,000 with a largely preserved main street, the population is expected to reach 24,000 by 2040.