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
$400,000
14901 Highway 7, Minnetonka, MN 55345
3beds
1,539sqft
Single Family
Built in 1959
0.58 Acres Lot
$394,400 Zestimate®
$260/sqft
$-- HOA
What's special
Surrounded by natural beautyMature treesEstablished treesComfortable and functional layoutLush landscaping
- 11 days |
- 509 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Tyler Nelson 612-876-5226,
Norse Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7097501
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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: $260/sqft
- Tax assessed value: $315,300
- Annual tax amount: $3,565
- Date on market: 6/23/2026
- Cumulative days on market: 316 days
Estimated market value
$394,400
$375,000 - $414,000
$2,581/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $400,000$260/sqft |
Source: | ||
| 6/23/2026 | Listing removed | $400,000$260/sqft |
Source: | ||
| 8/19/2025 | Listed for sale | $400,000$260/sqft |
Source: | ||
| 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 |
|---|---|---|
| 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 | $1,772 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55345
Nearby schools
GreatSchools rating
- 7/10Glen Lake Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Hopkins West Junior High SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Hopkins Senior High SchoolGrades: 9-12Distance: 3.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Minnetonka
- 55345
- 14901 Highway 7





