For Sale: Minnetonka MLS# 7007550
Active
NEW!
$825,000
Single Family: 1 Story
4 br • 4 ba • Built 1950
4,330 sqft • 1.37 acres
Wayzata schools
MLS# 7007550
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Property Description
Perfectly located for West Metro convenience, this 1950 built home sits on 1.37 acres in the Wayzata
School District, blending privacy and acreage with a prime location. Located in the highly desirable
55391 zip code, you are just minutes from the lakeside dining and shopping of downtown Wayzata, with Ridgedale Center shopping hub practically in your backyard and quick freeway access to downtown.
This home offers incredible potential and rare versatility. Spread across two distinct parcels (1628
Oakways & 1700 Oakways) totaling 1.37 acres, the property presents a unique opportunity for buyers and developers alike. Move in and enjoy it as-is, renovate to create your dream home in an area of unlimited value, or explore the distinct redevelopment potential to build a true legacy estate.
Inside, the main level features a living room where a wall of south-facing windows overlooks a prairie-like yard. The updated kitchen flows seamlessly into the dining space, offering direct access to the backyard for indoor-outdoor living. For quieter moments, a separate den sets the perfect mood for
evening lounging.
The bedroom and bathroom layout provides flexible options for all buyers with four bedrooms and three bathrooms on one level. Complete with main floor laundry. Below, the lower level is fully finished and ready to entertain as it walks out to the large yard.
Surrounded by nature yet connected to everything, this is a unique opportunity to secure a substantial
property in a neighborhood that commands attention and prestige.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$825,000
Price per sq ft:
$191
Property Type:
Single Family
City:
Minnetonka
Garage Spaces:
2
County:
Hennepin
Year Built:
1950
State:
MN
Property Style:
1 Story
Zip Code:
55391
Subdivision Name:
Oakways 1st Add
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
4,330 ft2
Total Fireplaces:
3
Living Area:
4,330 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Humidifier
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Wall Oven
- Washer
- Water Softener Owned
Fireplace Details:
- Amusement Room
- Family Room
- Living Room
- Wood Burning
Basement Details:
- Daylight/Lookout Windows
- Finished
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
500 ft2
Air Conditioning:
Central Air
Foundation Size:
2,460 ft2
Fencing:
Full
Handicap Accessible:
None
Out Buildings:
Gazebo, Storage Shed
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Tuckunder Garage
Unit Amenities:
- Deck
- Hardwood Floors
- Kitchen Window
- Main Floor Primary Bedroom
- Patio
- Porch
- Vaulted Ceiling(s)
- Washer/Dryer Hookup
Road Frontage:
City Street
Pool:
None
Roof Details:
- Age Over 8 Years
- Flat
- Pitched
- Rubber
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
1
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Main Floor 3/4 Bath
- Main Floor Full Bath
- Primary Walk-Thru
Dining/Kitchen:
- Breakfast Bar
- Separate/Formal Dining Room
Laundry:
- In Hall
- Main Level
| Main Level | Size | Sq Ft |
|---|---|---|
| Den | 15 x 13 | 195 |
| Dining Room | 22 x 11 | 242 |
| Bedroom | 23 x 12 | 276 |
| Bedroom 4 | 14 x 12 | 168 |
| Kitchen | 16 x 10 | 160 |
| Living Room | 32 x 21 | 672 |
| Bedroom 2 | 18 x 16 | 288 |
| Bedroom 3 | 14 x 13 | 182 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bonus Room | 18 x 14 | 252 |
| Family Room | 30 x 17 | 510 |
| Foyer | 18 x 12 | 216 |
| Porch | 23 x 8 | 184 |
| Recreation Room | 24 x 15 | 360 |
| Storage | 21 x 20 | 420 |
Lot & Land
Acres:
1.37
Geolocation:
44.967062, -93.463715
Lot Dimensions:
135 x 262 x 194 x 308
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
284
District Phone:
7637455000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,520
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,520
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
Mortgage Calculator
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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!
Listing provided by RMLS,
courtesy of Lakes Sotheby's International Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.