Nestled on a picturesque half-acre lot in a highly desirable Minnetonka neighborhood, this spacious 5-bedroom, 3-bath home offers nearly 3,000 finished square feet of timeless character and endless potential. Built in 1951, the home blends classic charm with generous living spaces, including multiple gathering areas, a cozy fireplace, and abundant natural light throughout. The detached garage, mature trees, and peaceful setting create a private retreat while still being conveniently located near shopping, dining, parks, and top-rated schools. Whether you're looking to move right in, renovate, or create your dream home, this property presents an incredible opportunity in a sought-after location.
Active
Price cut: $51K (5/22)
$499,000
14840 Timberhill Rd, Minnetonka, MN 55345
5beds
2,928sqft
Single Family
Built in 1951
0.52 Acres Lot
$491,700 Zestimate®
$170/sqft
$-- HOA
What's special
Detached garageCozy fireplaceTimeless characterAbundant natural light throughoutMature treesMultiple gathering areasPicturesque half-acre lot
- 31 days |
- 3,481 |
- 70 |
Zillow last checked:
Listing updated:
Listed by:
Joshua Kaumans 218-252-7454,
Keller Williams Integrity NW
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7076380
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Other
- Number of fireplaces: 1
Interior area
- Total structure area: 2,928
- Total interior livable area: 2,928 sqft
- Finished area above ground: 2,928
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Other
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 0.52 Acres
Details
- Foundation area: 1776
- Parcel number: 1611722130023
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Gustafson Acres
HOA
- Has HOA: No
Location
- Region: Minnetonka
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $405,600
- Annual tax amount: $4,436
- Date on market: 5/19/2026
Estimated market value
$491,700
$467,000 - $516,000
$3,858/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Price change | $499,000-9.3%$170/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7076380 Report a problem | ||
| 5/19/2026 | Listed for sale | $550,000+316.7%$188/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7076380 Report a problem | ||
| 11/15/1996 | Sold | $132,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,437 +5.4% | $405,600 +8.6% |
| 2024 | $4,210 +3.6% | $373,400 +3.6% |
| 2023 | $4,063 +11.5% | $360,400 +2.4% |
| 2022 | $3,643 +10.9% | $352,000 +17.8% |
| 2021 | $3,286 +11.8% | $298,700 +8.5% |
| 2020 | $2,939 -10.6% | $275,300 +15.8% |
| 2019 | $3,286 +11.8% | $237,800 +5.9% |
| 2018 | $2,939 +15.4% | $224,500 +15.1% |
| 2017 | $2,546 +4.4% | $195,000 +3.1% |
| 2016 | $2,438 +0.6% | $189,200 +10.2% |
| 2015 | $2,423 +9.9% | $171,700 +5.2% |
| 2014 | $2,205 -11.8% | $163,200 -13.7% |
| 2013 | $2,500 -3.8% | $189,100 -5.5% |
| 2012 | $2,599 +1.8% | $200,100 -2.9% |
| 2011 | $2,553 -8.6% | $206,000 -15% |
| 2010 | $2,792 -10.6% | $242,300 -15% |
| 2009 | $3,122 +32.5% | $285,100 +31.9% |
| 2006 | $2,356 +6.1% | $216,200 +6% |
| 2005 | $2,221 +6.5% | $204,000 +12% |
| 2004 | $2,085 -3.5% | $182,100 +1.1% |
| 2002 | $2,159 -29.4% | $180,200 |
| 2001 | $3,058 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55345
Nearby schools
GreatSchools rating
- 2/10Eisenhower Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 5/10Hopkins North Junior High SchoolGrades: 6-8Distance: 2.8 mi
- 8/10Hopkins Senior High SchoolGrades: 9-12Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Minnetonka
- 55345
- 14840 Timberhill Rd
Nearby cities
Nearby zip codes
Other Minnetonka Topics
