Welcome to this beautifully rebuilt 4-bedroom, 3.5-bathroom home in Deephaven, offering 3,849 finished square feet of thoughtfully designed living space on a private, fenced ½-acre lot. Backing up to protected public land, this home ensures long-term privacy, with Lake Louise just beyond the backyard and a scenic walking trail nearby. Enjoy a prime location within walking distance to Thorpe Park and Deephaven Beach, with easy access to playgrounds, tennis courts, sledding, skating, and Lake Minnetonka. Inside, the open-concept layout features high-end finishes, a gourmet kitchen with premium appliances and custom cabinetry, and a cozy breakfast nook. The primary suite offers a spa-like retreat with an infrared sauna. Built as a two-story slab-on-grade home, it provides seamless, modern living. Outdoor spaces are equally impressive, featuring a fenced backyard, a 3-seasons patio (2023) with a louvered roof and retractable screens, plus infrared heaters for year-round comfort. New landscaping (2024), irrigation system (2022), a new asphalt driveway, and modern exterior finishes complete this move-in-ready home. Located in the Minnetonka School District, this is a rare opportunity to own a turnkey home in one of Deephaven’s most sought-after neighborhoods. Schedule your showing today!
Closed
$1,600,000
18600 Highland Ave, Deephaven, MN 55391
4beds
3,849sqft
Single Family
Built in 2021
0.46 Acres Lot
$1,648,600 Zestimate®
$416/sqft
$7,195 Estimated rent
Home value
$1,648,600
$1.50M - $1.80M
$7,195/mo
Zestimate® history
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$10,147/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Trent Thies 612-741-5083,
Lifecycle Real Estate Services
Bought with:
Sarah E Polovitz
Compass
Al Anderson
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6678001
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bathroom
- Description: Bathroom Ensuite,Sauna
Dining room
- Description: Breakfast Bar,Separate/Formal Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
- Laundry: Upper Level
Features
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 3,849
- Total interior livable area: 3,849 sqft
- Finished area above ground: 3,849
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (26 x 25)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio, Screened
- Pool features: None
- Fencing: Wood
Lot
- Size: 0.46 Acres
- Dimensions: 76 x 266 x 75 x 265
- Features: Property Adjoins Public Land, Tree Coverage - Light
Details
- Foundation area: 1867
- Parcel number: 1811722310082
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Concrete
- Foundation: Slab
- Roof: Asphalt,Rubber
Condition
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
Community
- Subdivision: Deephaven Park
HOA
- Has HOA: No
Location
- Region: Deephaven
Financial & listing details
- Price per square foot: $416/sqft
- Tax assessed value: $1,029,800
- Annual tax amount: $10,921
- Date on market: 3/6/2025
- Cumulative days on market: 2 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Sold | $1,600,000+10.3%$416/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6678001 Report a problem | ||
| 3/15/2025 | Pending sale | $1,450,000$377/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6678001 Report a problem | ||
| 3/12/2025 | Listed for sale | $1,450,000+161.3%$377/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6678001 Report a problem | ||
| 12/11/2020 | Sold | $554,891-9.8%$144/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5653265 Report a problem | ||
| 10/29/2020 | Pending sale | $615,000$160/sqft |
Source: Lakes Area Realty #5653265 Report a problem | ||
| 9/22/2020 | Price change | $615,000-7.5%$160/sqft |
Source: Lakes Area Realty #5653265 Report a problem | ||
| 9/8/2020 | Listed for sale | $665,000$173/sqft |
Source: Lakes Area Realty #5653265 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,435 +4.7% | $1,029,800 +8.2% |
| 2024 | $10,921 +81.7% | $951,400 -0.1% |
| 2023 | $6,011 +7.1% | $952,800 +71.4% |
| 2022 | $5,615 +3.8% | $556,000 +16.6% |
| 2021 | $5,411 -0.2% | $477,000 +3.9% |
| 2020 | $5,423 +0.2% | $459,000 +3.8% |
| 2019 | $5,411 -0.2% | $442,000 +4.5% |
| 2018 | $5,423 +5.9% | $423,000 +3.9% |
| 2017 | $5,122 +2% | $407,000 +3% |
| 2016 | $5,023 +1.3% | $395,000 +10% |
| 2015 | $4,957 +10% | $359,000 +8.8% |
| 2014 | $4,504 +4.7% | $330,000 -2.7% |
| 2013 | $4,303 +1.8% | $339,000 -4.2% |
| 2012 | $4,227 +6.1% | $354,000 |
| 2011 | $3,985 +0.4% | $354,000 -9.2% |
| 2010 | $3,970 +1.4% | $390,000 -2.3% |
| 2009 | $3,914 -3% | $399,000 +2% |
| 2006 | $4,035 -4.8% | $391,000 +1.3% |
| 2005 | $4,240 +46.5% | $386,000 +46.7% |
| 2004 | $2,893 +5.8% | $263,200 +12% |
| 2002 | $2,734 -41.1% | $235,000 |
| 2001 | $4,638 | -- |
Find assessor info on the county website
Neighborhood: 55391
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Nearby schools
GreatSchools rating
- 9/10Deephaven Elementary SchoolGrades: K-5Distance: 1.1 mi
- 9/10Minnetonka East Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$1,648,600
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Estimated market value
$1,648,600
- Minnesota
- Hennepin County
- Deephaven
- 55391
- 18600 Highland Ave
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