Saunders Lake is located in the United States state of Minnesota. It is a 70-acre (280,000 m2) lake that is west-southwest of Minneapolis–St. Paul in the Minneapolis suburbs of Mound and Minnetrista.The first European settlers came to the area near Saunders Lake in the 1850s. In 1854, Nathaniel Sanders and J. F. Buck settled on its shores. Saunders Lake was named for Nathaniel Sanders.[1].The lake is a large, Type 5 wetland, classified as a Natural Environment lake.[2].