Don’t miss this tastefully updated two story home, nestled on a private wooded corner lot at the end of a quiet cul-de-sac in the heart of Minnetonka. The main floor was renovated in 2019 by Revolution Design + Build & features a stunning open-concept kitchen that flows seamlessly into the spacious living and dining areas, creating the perfect setting for everyday living and entertaining. Updates also include a spacious mudroom, efficient main floor laundry room and comfortable den. Create memories outside in the expansive screened porch which overlooks the peaceful backyard. Upper level provides 4 generously sized bedrooms, full bathroom and a primary ensuite that includes walk-in closet & private 3/4 bathroom. Walkout lower level features a home gym (with many pieces of equipment included), rec room, 3/4 bath and 5th bedroom, along with an oversized storage room. Other recent updates included new furnace (2021), A/C (2022), & roof (2025). Stemming from its desirable location, functional layout, and stylish updates, this home combines comfort, privacy, and timeless appeal. Conveniently located near neighborhood favorites - Orchard Park, Station Pizza, Abang Yoli & Lunds/Byerlys, with easy access to Highways 7 & 494 to begin your daily commute.
Pending
$899,000
4031 Terrace Ln, Minnetonka, MN 55305
5beds
3,398sqft
Single Family
Built in 1985
0.51 Acres Lot
$907,500 Zestimate®
$265/sqft
$-- HOA
What's special
- 48 days |
- 120 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Aaron Goldstein 612-382-4774,
Gold Group Realty, LLC,
Luke Nilles 651-207-9956
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7094333
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 14 x 17
Bedroom 2
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12 x 11
Bedroom 3
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 10 x 13
Bedroom 4
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 10 x 13
Bedroom 5
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12 x 12
Deck
- Level: Main
- Area: 153 Square Feet
- Dimensions: 9 x 17
Den
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11 x 15
Dining room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 14 x 17
Family room
- Level: Main
- Area: 273 Square Feet
- Dimensions: 13 x 21
Kitchen
- Level: Main
- Area: 352 Square Feet
- Dimensions: 22 x 16
Laundry
- Level: Main
- Area: 54 Square Feet
- Dimensions: 9 x 6
Mud room
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11 x 7
Porch
- Level: Main
- Area: 338 Square Feet
- Dimensions: 13 x 26
Recreation room
- Level: Lower
- Area: 432 Square Feet
- Dimensions: 12 x 36
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer
- Laundry: Main Level
Features
- Basement: Block
- Number of fireplaces: 2
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 3,419
- Total interior livable area: 3,398 sqft
- Finished area above ground: 2,377
- Finished area below ground: 1,021
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Dimensions (29 x 26)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio, Porch, Rear Porch, Screened
- Pool features: None
- Fencing: None
Lot
- Size: 0.51 Acres
- Dimensions: 130 x 170 x 128 x 174
- Features: Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 1334
- Parcel number: 2311722230060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Oak Ponds By Uzzell
HOA
- Has HOA: No
Location
- Region: Minnetonka
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $796,700
- Annual tax amount: $11,097
- Date on market: 7/6/2026
- Cumulative days on market: 45 days
Estimated market value
$907,500
$862,000 - $953,000
$4,518/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Pending sale | $899,000$265/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7094333 Report a problem | ||
| 7/9/2026 | Listed for sale | $899,000+68%$265/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7094333 Report a problem | ||
| 6/11/2002 | Sold | $535,000$157/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,073 +2.7% | $796,700 +4.3% |
| 2024 | $9,806 +3.2% | $763,700 -0.8% |
| 2023 | $9,497 +12.6% | $770,100 +1.9% |
| 2022 | $8,438 +14.2% | $755,800 +18.2% |
| 2021 | $7,390 +7.5% | $639,500 +10.8% |
| 2020 | $6,874 -7% | $577,200 +11.1% |
| 2019 | $7,390 +7.5% | $519,600 +3.8% |
| 2018 | $6,874 +7.2% | $500,500 +6.7% |
| 2017 | $6,411 -0.1% | $468,900 -3.6% |
| 2016 | $6,418 -6.4% | $486,600 +1.8% |
| 2015 | $6,859 -0.5% | $478,000 +7.1% |
| 2014 | $6,897 +4.1% | $446,500 -1.7% |
| 2013 | $6,626 +1.6% | $454,100 -1.3% |
| 2012 | $6,523 +5.7% | $460,000 -0.9% |
| 2011 | $6,173 -0.1% | $464,100 -8.4% |
| 2010 | $6,180 -1.9% | $506,800 -7% |
| 2009 | $6,298 -2.1% | $544,900 +0.8% |
| 2006 | $6,435 +11.9% | $540,500 +11% |
| 2005 | $5,753 +7.9% | $486,900 +15% |
| 2004 | $5,333 +8% | $423,400 +12% |
| 2002 | $4,940 -31.7% | $378,100 |
| 2001 | $7,234 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55305
Nearby schools
GreatSchools rating
- 2/10Eisenhower Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Hopkins North Junior High SchoolGrades: 6-8Distance: 2 mi
- 8/10Hopkins Senior High SchoolGrades: 9-12Distance: 2.2 mi
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