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  • $520,000

    16600 Canterbury Dr, Minnetonka, MN 55345

    4beds
    2,332sqft
    Single Family Residence
    Built in 1958
    0.36 Acres Lot
    $533,600 Zestimate®
    $223/sqft
    $3,204 Estimated rent

    Home value

    $533,600

    $491,000 - $576,000

    $3,204/mo

    Zestimate® history
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    What's special

    Hardwood floorsBeautifully maintained wood-burning fireplaceEat-in areaWelcoming family roomFormal dining roomNew carpetThree comfortable bedrooms
    Welcome to this standout property in the highly desirable Somerset Knolls neighborhood, nestled within the award-winning Minnetonka School District. Positioned on a generous .36-acre corner lot, this home delivers impressive space, versatility, and exceptional value—truly move-in ready. From the moment you arrive, you’ll appreciate the unique oversized two-car garage with attached breezeway, complete with its own fireplace. This rare flex space is perfect for hobbyists, creatives, or anyone seeking a cozy year-round retreat. Step inside to a bright and inviting main level. The spacious living room is anchored by a beautifully maintained wood-burning fireplace, updated inside and out with major professional repairs in 2024. Hardwood floors carry into the formal dining room, creating a warm setting for gatherings. The large kitchen offers abundant cabinet storage, an eat-in area, and convenient access to the fully fenced backyard—ideal for pets, play, and outdoor entertaining. The upper level features three comfortable bedrooms and a full bath. The lower level adds tremendous functionality with a welcoming family room, an additional bedroom, and a second bathroom—perfect for guests or flexible living arrangements. A fourth-level bonus space provides endless possibilities: home gym, workshop, playroom, man cave, or extra storage. Thoughtful updates bring peace of mind, including a new electric panel with EV-ready capacity, updated electrical in multiple rooms, new carpet, and new refrigerator, dishwasher, washer, and dryer. The owners have also preserved the property’s mature white oaks, refreshed the upper-level bathroom grout to honor the home’s original character, and added a 12-foot cedar privacy fence for enhanced outdoor enjoyment. The expansive lot opens the door to future additions, a pool, or new outdoor living spaces—all surrounded by beautiful tree coverage and frequent wildlife sightings. A rare opportunity in Somerset Knolls—space, character, and updates in a premier location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Max C Zinn 612-281-7060,

    Coldwell Banker Realty,

    Hans C Zinn 612-964-8111

    Bought with:

    Gina Grinde Misfeldt

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6823911MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 195 Square Feet
    • Dimensions: 15 x 13
    Bedroom 2
    • Level: Upper
    • Area: 165 Square Feet
    • Dimensions: 15 x 11
    Bedroom 3
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Bedroom 4
    • Level: Lower
    • Area: 99 Square Feet
    • Dimensions: 11 x 9
    Other
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 15 x 10
    Deck
    • Level: Main
    • Area: 324 Square Feet
    • Dimensions: 27 x 12
    Dining room
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11 x 10
    Family room
    • Level: Lower
    • Area: 368 Square Feet
    • Dimensions: 23 x 16
    Kitchen
    • Level: Main
    • Area: 170 Square Feet
    • Dimensions: 17 x 10
    Living room
    • Level: Main
    • Area: 325 Square Feet
    • Dimensions: 25 x 13
    Recreation room
    • Level: Lower
    • Area: 260 Square Feet
    • Dimensions: 20 x 13
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
    • Laundry: Lower Level, Sink
    Features
    • Basement: Block,Daylight,Finished,Full,Storage Space
    • Number of fireplaces: 2
    • Fireplace features: Living Room, Other, Stone, Wood Burning
    Interior area
    • Total structure area: 2,332
    • Total interior livable area: 2,332 sqft
    • Finished area above ground: 1,372
    • Finished area below ground: 960

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Garage Door Opener, Insulated Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Four or More Level Split
    • Patio & porch: Deck
    • Pool features: None
    • Fencing: Chain Link,Privacy,Wood
    Lot
    • Size: 0.36 Acres
    • Features: Corner Lot, Tree Coverage - Light
    Details
    • Foundation area: 1372
    • Parcel number: 2911722120043
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Age Over 8 Years,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Electric: Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Somerset Knolls
    HOA
    • Has HOA: No
    Location
    • Region: Minnetonka

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $480,400
    • Annual tax amount: $6,344
    • Date on market: 12/3/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/29/2026Sold$520,000+0%$223/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823911 Report a problem
    12/3/2025Listed for sale$519,900-1%$223/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823911 Report a problem
    3/29/2024Sold$524,900$225/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6480712 Report a problem
    3/7/2024Pending sale$524,900$225/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6480712 Report a problem
    2/23/2024Price change$524,900-4.5%$225/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6480712 Report a problem
    2/12/2024Listed for sale$549,900+86.4%$236/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6480712 Report a problem
    12/30/2002Sold$295,000+113.8%$127/sqft
    Source: Public Record Report a problem
    5/26/1998Sold$138,000$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,344 +7.8%$480,400 -0.6%
    2024$5,882 +2.9%$483,200 +2.8%
    2023$5,716 +3%$470,200 +3.7%
    2022$5,552 +0.4%$453,600 +12.4%
    2021$5,529 -4.7%$403,400 +0.1%
    2020$5,805 +5%$402,900 -0.5%
    2019$5,529 -4.7%$404,900 +7.7%
    2018$5,805 +24.6%$376,000 +13.4%
    2017$4,660 -2.2%$331,600 +0.3%
    2016$4,764 +0%$330,500 +5.2%
    2015$4,763 +5.1%$314,100 +7.8%
    2014$4,531 +9.8%$291,400 +1.6%
    2013$4,126 +2.4%$286,700 -2.2%
    2012$4,027 +4%$293,200 -0.3%
    2011$3,874 +9.8%$294,200 -0.2%
    2010$3,528 -0.3%$294,900 -4.5%
    2009$3,540 +15.5%$308,900 +16.8%
    2006$3,064 +10.9%$264,500 +15%
    2005$2,763 +10.6%$230,000 +15%
    2004$2,498 +5.7%$200,000 +12%
    2002$2,363 -38.2%$178,600
    2001$3,826 --
    Find assessor info on the county website

    Neighborhood: 55345

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $533,600
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    Estimated market value
    $533,600