Affordable opportunity in Minnetonka! Nestled among mature trees and surrounded by natural beauty, this charming 3-bedroom, 1-bathroom home offers a peaceful setting while remaining conveniently located near transit, shopping, dining, and major commuter routes.
Don't let the location fool you—lush landscaping and established trees provide a sense of privacy and tranquility rarely found at this price point. Inside, you'll find a comfortable and functional layout with plenty of potential to make the space your own.
Enjoy easy access to parks, trails, and award-winning Minnetonka schools, making this an attractive option for homeowners and investors alike. Whether you're looking for an affordable place to call home or an opportunity to build equity over time, this property offers exceptional value in a highly sought-after community.
Conveniently located, affordably priced, and full of potential—14901 Highway 7 is a unique opportunity to own in Minnetonka.
Active
Price cut: $25K (9/26)
$375,000
14901 Highway 7, Minnetonka, MN 55345
3beds
1,539sqft
Single Family
Built in 1959
0.58 Acres Lot
$371,300 Zestimate®
$244/sqft
$-- HOA
What's special
Surrounded by natural beautyMature treesEstablished treesComfortable and functional layoutLush landscaping
- 106 days
- 765
- 42
Zillow last checked:
Listing updated:
Listed by:
Tyler Nelson 612-876-5226,
Norse Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7097501
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,539
- Total interior livable area: 1,539 sqft
- Finished area above ground: 891
- Finished area below ground: 648
Property
Parking
- Total spaces: 1
- Parking features: Tuckunder Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.58 Acres
- Dimensions: 200 x 108
Details
- Foundation area: 960
- Parcel number: 2111722430030
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Tonkawood Farms
HOA
- Has HOA: No
Location
- Region: Minnetonka
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $320,300
- Annual tax amount: $3,565
- Date on market: 6/23/2026
- Cumulative days on market: 320 days
Estimated market value
$371,300
$353,000 - $390,000
$2,428/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Price change | $375,000-6.3%$244/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7097501 Report a problem | ||
| 6/23/2026 | Listed for sale | $400,000$260/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7097501 Report a problem | ||
| 6/23/2026 | Listing removed | $400,000$260/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6691095 Report a problem | ||
| 8/19/2025 | Listed for sale | $400,000$260/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6691095 Report a problem | ||
| 6/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/28/2023 | Price change | $1,795-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/26/2023 | Listed for rent | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/1/2023 | Listed for rent | $1,895+2.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/20/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/8/2022 | Listed for rent | $1,845+15.7%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/17/2017 | Listing removed | $1,595$1/sqft |
Source: cpmpropertygroup.com Report a problem | ||
| 11/29/2017 | Listed for rent | $1,595$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,081 +11.9% | $320,300 +1.6% |
| 2025 | $3,645 +2.3% | $315,300 +6.6% |
| 2024 | $3,565 +4.5% | $295,700 -1.4% |
| 2023 | $3,410 +8.2% | $300,000 +3.4% |
| 2022 | $3,152 +3% | $290,000 +16.3% |
| 2021 | $3,062 -5.1% | $249,300 +1.7% |
| 2020 | $3,226 +5.4% | $245,100 +0.2% |
| 2019 | $3,062 -5.1% | $244,600 +1.8% |
| 2018 | $3,226 +17.2% | $240,300 +7.8% |
| 2017 | $2,753 -3.6% | $222,900 +2.3% |
| 2016 | $2,855 -0.2% | $217,900 +9.6% |
| 2015 | $2,859 -0.4% | $198,800 +12% |
| 2014 | $2,871 +62.3% | $177,500 +24.2% |
| 2013 | $1,769 -23.1% | $142,900 -21% |
| 2012 | $2,302 +3.5% | $181,000 -1.2% |
| 2011 | $2,224 -9.1% | $183,200 -15.3% |
| 2010 | $2,446 -1% | $216,200 -7% |
| 2009 | $2,472 +31.6% | $232,500 +30.1% |
| 2006 | $1,877 +17% | $178,700 +15% |
| 2005 | $1,605 +10.5% | $155,400 +14.9% |
| 2004 | $1,451 +9.2% | $135,200 +11.9% |
| 2002 | $1,329 -25% | $120,800 |
| 2001 | $1,772 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55345
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