What's so hot about Lola's? The view, the deck, the food, and...did we mention the deck? Lola's Lakehouse is a chic waterside supper club located on Lake Waconia, a bit west of the Twin Cities. The considerable menu is full of classic burgers and steaks, as well as a large variety of seafood including a raw bar, unbelieveable chowder, and some of the best crab cakes in the Twin Cities.