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For Sale:  Minnetonka MLS# 7097492

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Active
$250,000
/mo Edit
Single Family:  1 Story
1 br • 1 ba • Built 1947
575 sqft • 0.49 acres
Hopkins schools
MLS# 7097492
763-576-8286
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    Property Description

    BACK ON THE MARKET! Previously under consideration as part of a larger land assemblage, this property is once again available after the prospective developer was unable to achieve the density needed for the proposed project. An exceptional opportunity to own a single-family home in Minnetonka at an affordable price point! Why pay HOA fees when you can invest in a property of your own and build equity over time? An ideal starter home for buyers looking to enter the market, enjoy the benefits of homeownership, and create a space of their own. As your needs evolve, consider the potential to retain the property as a rental investment while moving on to your next home. Conveniently located with easy access to Minneapolis, Wayzata, shopping, dining, parks, and major commuter routes. Whether you're a first-time buyer, looking to downsize, or seeking a property with long-term investment potential, this home offers an appealing combination of affordability, location, and opportunity! Looking for properties in close proximity? The neighboring properties at 4512 Williston Road and 14901 Highway 7 are also available for purchase, presenting a unique opportunity for those interested in owning multiple nearby properties. Each property is offered individually, with this home particularly well-positioned as an affordable, standalone single-family residence.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $250,000
    Price per sq ft: $435
    Property Type: Single Family
    City: Minnetonka
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1947
    State: MN
    Property Style: 1 Story
    Zip Code: 55345

    Interior

    Bedrooms: 1
    Bathrooms: 1
    Finished Area: 575 ft2
    Total Fireplaces: 1
    Living Area: 575 ft2
    Common Wall: No
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: None
    Foundation Size: 585 ft2
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features: None

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.49
    Geolocation: 44.921434, -93.468596
    Lot Dimensions: 83.16 x 261.62 x 113 x 108.2
    Zoning: Residential-Single Family

    Schools

    School District: 270
    District Phone: 9529884000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,978
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,634
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Electric
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Norse Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.