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  • $995,000

    18427 Heathcote Ln, Deephaven, MN 55391

    3beds
    2,806sqft
    Single Family
    Built in 1960
    0.75 Acres Lot
    $994,800 Zestimate®
    $355/sqft
    $5,991 Estimated rent

    Home value

    $994,800

    $925,000 - $1.06M

    $5,991/mo

    Zestimate® history
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    What's special

    Highly sought after Heathcote home in the heart of Deephaven! This beautifully maintained west-facing home blends timeless quality with thoughtful updates, showcasing finely crafted workmanship and an atmosphere of relaxed elegance. Offering over 2,800 finished square feet, the home features generous living spaces and an inviting open layout that fills the interior with natural light and showcases beautiful panoramic views of serene wetlands. Multiple venues, both indoors and out, provide the perfect setting for gathering. Main level highlights include a renovated kitchen with stainless steel appliances, custom cabinets and quartz countertops that flow seamlessly into a bright eat-in dining area. Step out to the expansive patio—perfect for outdoor entertaining—while the adjoining space opens to a spacious living room with a cozy fireplace. A bonus gathering room provides a quiet retreat, enhanced with a wood-burning fireplace, and direct access to the private backyard, hot tub and firepit, ideal for outdoor enjoyment. Upstairs, the private Owner’s En-suite is accompanied by two additional generously sized bedrooms and a full bath. Gleaming hardwood floors run throughout the main and upper levels, while the newly finished lower-level features new carpeting and an additional wood-burning fireplace, creating a warm and inviting space. A host of recent updates, including beautifully updated bathrooms, new Marvin windows, new roof and mechanicals, offers enhanced comfort and peace of mind. Located in the award-winning Minnetonka School District and within walking distance to Thorpe Park, this home delivers the perfect combination of comfort, style, and location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark W Hoiseth 612-282-3465,

    Lakes Sotheby's International,

    Paul H Johnson 952-212-7103

    Bought with:

    Lisa M Ford

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6823178MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Bedroom 2
    • Level: Upper
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Bedroom 3
    • Level: Upper
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Primary bathroom
    • Level: Upper
    • Area: 55 Square Feet
    • Dimensions: 11x05
    Other
    • Level: Lower
    • Area: 598 Square Feet
    • Dimensions: 26x23
    Family room
    • Level: Lower
    • Area: 228 Square Feet
    • Dimensions: 19x12
    Foyer
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x09
    Informal dining room
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Kitchen
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Laundry
    • Level: Lower
    • Area: 63 Square Feet
    • Dimensions: 09x07
    Living room
    • Level: Main
    • Area: 260 Square Feet
    • Dimensions: 20x13
    Workshop
    • Level: Lower
    • Area: 170 Square Feet
    • Dimensions: 17x10
    Heating
    • Forced Air, Humidifier, In-Floor Heating
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Basement: Block,Finished,Storage Space
    • Number of fireplaces: 3
    • Fireplace features: Family Room, Masonry, Gas, Living Room
    Interior area
    • Total structure area: 2,806
    • Total interior livable area: 2,806 sqft
    • Finished area above ground: 1,685
    • Finished area below ground: 1,121

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Garage Dimensions (27x20)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Four or More Level Split
    • Patio & porch: Patio
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 0.75 Acres
    • Dimensions: 220 x 221 x 177 x 128
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 1121
    • Parcel number: 1911722240010
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: Well

    Community & neighborhood

    Location
    • Region: Deephaven
    • Subdivision: Heathcote

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $50 annually
    • Services included: Other
    • Association name: Heathcote Homeowners Association
    • Association phone: 612-616-1795

    Price history

    DateEventPrice
    6/16/2026Sold$995,000$355/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823178 Report a problem
    4/27/2026Pending sale$995,000$355/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823178 Report a problem
    4/16/2026Listed for sale$995,000+452.8%$355/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823178 Report a problem
    10/1/1995Sold$180,000$64/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,999 +4.4%$872,700 +4.3%
    2024$9,577 +15.1%$836,800 -0.4%
    2023$8,319 +18.9%$840,400 +14%
    2022$6,995 +4.3%$737,000 +27.7%
    2021$6,706 +0.2%$577,000 +3.8%
    2020$6,692 -0.2%$556,000 +3.7%
    2019$6,706 +0.2%$536,000 -0.9%
    2018$6,692 -1.3%$541,000 -0.6%
    2017$6,782 -0.8%$544,000
    2016$6,838 -1.7%$544,000 +11.9%
    2015$6,956 +12.7%$486,000 +12.5%
    2014$6,170 +13%$432,000 +1.9%
    2013$5,459 -0.9%$424,000 -5.8%
    2012$5,511 +4.3%$450,000
    2011$5,284 +3.1%$450,000 -6.4%
    2010$5,125 -0.6%$481,000 -4.4%
    2009$5,156 +26.4%$503,000 +32.1%
    2006$4,080 +8.8%$380,800 +15%
    2005$3,748 +9.7%$331,200 +15%
    2004$3,416 +4.5%$288,000 +12%
    2002$3,268 -42.6%$257,200
    2001$5,693 --

    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $994,800
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    Estimated market value
    $994,800