Looking for “good bones,” some work ahead and a whole lot of potential? This Minnetonka property sits on nearly 1.5 wooded acres in Minnetonka Schools. Surrounded by mature trees and wildlife, the long driveway feels more like arriving at the cabin than a suburban home. Perched on a hill, the home features a screened front porch for meals, lounging, hobbies or whatever you dream up. Out back, the kitchen deck overlooks the woods. Inside are four upper-level bedrooms, a large kitchen, main-level laundry, newer roof, three-stall garage and a 1990s addition that expanded the living space. This is more than a cosmetic refresh. It’s a substantial renovation opportunity and a blank slate to create something entirely your own. The undergrowth has been cleared to walk the lot, the home emptied and professionally cleaned, and a pre-list inspection is available to help buyers evaluate the project. Bring your contractor, your ideas and maybe a little imagination. It’s priced to make the opportunity possible.
Active
Price cut: $50K (7/23)
$575,000
15432 Highwood Dr, Minnetonka, MN 55345
4beds
3,201sqft
:
Get pre-qualified$3,617/mo
Single Family
Built in 1981
1.48 Acres Lot
$567,200 Zestimate®
$180/sqft
$-- HOA
What's special
- 28 days |
- 4,270 |
- 225 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Paul Skillman 612-445-6085,
Keller Williams Premier Realty Lake Minnetonka
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7027429
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 288 Square Feet
- Dimensions: 16x18
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12x13
Bedroom 3
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 4
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 9x12
Dining room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Family room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 13x18
Kitchen
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12x19
Living room
- Level: Main
- Area: 900 Square Feet
- Dimensions: 25x36
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator, Stainless Steel Appliance(s), Water Softener Owned
- Laundry: Gas Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Basement: Drain Tiled,Full,Partially Finished,Sump Pump
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 3,968
- Total interior livable area: 3,201 sqft
- Finished area above ground: 2,952
- Finished area below ground: 249
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x38)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Composite Decking, Deck, Enclosed, Front Porch, Screened
Lot
- Size: 1.48 Acres
- Dimensions: 250 x 262
- Features: Tree Coverage - Heavy
Details
- Foundation area: 1075
- Parcel number: 2111722340037
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
Condition
- New construction: No
- Year built: 1981
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: $180/sqft
- Tax assessed value: $735,100
- Annual tax amount: $10,218
- Date on market: 6/29/2026
Estimated market value
$567,200
$539,000 - $596,000
$4,003/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $575,000-8%$180/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7027429 Report a problem | ||
| 7/2/2026 | Listed for sale | $625,000$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7027429 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,218 +5.6% | $735,100 +0.8% |
| 2024 | $9,672 +3.3% | $729,400 +0% |
| 2023 | $9,360 +7.8% | $729,300 +3.6% |
| 2022 | $8,681 +3.6% | $704,200 +15.7% |
| 2021 | $8,378 -4.5% | $608,700 +2.9% |
| 2020 | $8,776 +4.8% | $591,800 -0.3% |
| 2019 | $8,378 -4.5% | $593,400 +1.8% |
| 2018 | $8,776 +8.3% | $582,800 +8% |
| 2017 | $8,102 +1.3% | $539,800 +2% |
| 2016 | $7,995 +1.9% | $529,300 -0.6% |
| 2015 | $7,849 -1.4% | $532,600 +5.4% |
| 2014 | $7,957 +6.2% | $505,100 +0.6% |
| 2013 | $7,494 -0.1% | $502,300 -4% |
| 2012 | $7,501 +2.4% | $523,200 -1.9% |
| 2011 | $7,324 -6.3% | $533,300 -12.6% |
| 2010 | $7,821 +10.2% | $610,500 +4.4% |
| 2009 | $7,094 +7.5% | $584,600 +8.9% |
| 2006 | $6,600 +9.2% | $536,900 +13% |
| 2005 | $6,046 -1.8% | $475,300 +3.9% |
| 2004 | $6,155 -0.3% | $457,500 +6.5% |
| 2002 | $6,175 -46.1% | $429,400 |
| 2001 | $11,462 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55345
Nearby schools
GreatSchools rating
- 10/10Groveland Elementary SchoolGrades: K-5Distance: 1.7 mi
- 9/10Minnetonka East Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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