Skip main navigation
Closed
    • $918,000

    4031 Terrace Ln, Minnetonka, MN 55305

    5beds
    3,398sqft
    Single Family
    Built in 1985
    0.51 Acres Lot
    $899,100 Zestimate®
    $270/sqft
    $4,303 Estimated rent

    Home value

    $899,100

    $854,000 - $944,000

    $4,303/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,303/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,303/mo

    Rent Zestimate®

    Refinance and save

    $6,378/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,378/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Goldstein 612-382-4774,

    Gold Group Realty, LLC,

    Luke Nilles 651-207-9956

    Bought with:

    Scott Stabeck

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7094333MLS Logo

    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: $270/sqft
    • Tax assessed value: $832,600
    • Annual tax amount: $11,097
    • Date on market: 7/6/2026
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    9/18/2026Sold$918,000+2.1%$270/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7094333 Report a problem
    7/16/2026Pending sale$899,000$265/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7094333 Report a problem
    7/9/2026Listed for sale$899,000+68%$265/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7094333 Report a problem
    6/11/2002Sold$535,000$157/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$11,097 +10.2%$832,600 +4.5%
    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

    Neighborhood: 55305

    Nearby homes

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $899,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $899,100

    Nearby cities

    Nearby zip codes

    Other Minnetonka Topics

      Search
      Updates
      Favorites
      Plan
      Inbox