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  • $1,150,000

    4700 Covey Trl, Medina, MN 55340

    5beds
    5,978sqft
    Single Family
    Built in 2002
    5.39 Acres Lot
    $1,156,300 Zestimate®
    $192/sqft
    $5,685 Estimated rent

    Home value

    $1,156,300

    $1.08M - $1.25M

    $5,685/mo

    Zestimate® history
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    What's special

    Rare true one-level living on a private 5+ acre estate in highly desirable Medina. From the moment you arrive, the concrete driveway with custom accent detail, full brick exterior, and inlaid wood flooring design in the foyer set the tone for the quality and craftsmanship carried throughout the home, creating a timeless estate presence. The main level offers three bedrooms, three bathrooms, a private office, and a formal dining room with French doors that could easily serve as a second office. The vaulted living room opens seamlessly to the kitchen, creating a bright, comfortable space for everyday living and entertaining. The kitchen has been thoughtfully updated with newer appliances, including a powerful induction cooktop and vent hood. A three-season porch and deck overlook the salt chlorine heated in-ground pool, professionally designed patio, and outdoor dining area. A gas outlet is already in place for a future outdoor kitchen. The spacious three-car garage features in-floor heat, an electric car charging system, and convenient access to a large mudroom. The owner’s suite offers two walk-in closets, a jetted tub, and a tiled frameless glass walk-in shower. The finished walkout lower level expands the living space with a fireplace, movie room, two additional bedrooms, bar area, and in-floor heat. Brand-new carpet adds a fresh, move-in-ready feel, while generous storage rooms provide space for all your holiday collections and more. With privacy, quality, flexible living spaces, poolside entertaining, and access available to Peter Lake, this Medina estate is designed to be a forever home where everyone will want to gather!

    Zillow last checked:

    Listing updated:

    Listed by:

    Hyounsoo Lathrop 651-233-8527,

    Coldwell Banker Realty

    Bought with:

    Julie R Regan

    Lakes Sotheby's International Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7041228MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17x16
    Bedroom 2
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Bedroom 3
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 4
    • Level: Lower
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Bedroom 5
    • Level: Lower
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Bathroom
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bathroom
    • Level: Main
    • Area: 77 Square Feet
    • Dimensions: 11x7
    Bathroom
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10x9
    Bathroom
    • Level: Lower
    • Area: 98 Square Feet
    • Dimensions: 14x7
    Dining room
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Family room
    • Level: Lower
    • Area: 550 Square Feet
    • Dimensions: 25x22
    Family room
    • Level: Lower
    • Area: 360 Square Feet
    • Dimensions: 20x18
    Foyer
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Kitchen
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Kitchen
    • Level: Lower
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Laundry
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Living room
    • Level: Main
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Living room
    • Level: Lower
    • Area: 221 Square Feet
    • Dimensions: 17x13
    Office
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Other
    • Level: Main
    • Area: 45 Square Feet
    • Dimensions: 9x5
    Storage
    • Level: Lower
    • Area: 138 Square Feet
    • Dimensions: 23x6
    Heating
    • Forced Air, In-Floor Heating
    Cooling
    • Central Air
    Appliances
    • Included: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Basement: Daylight,Drain Tiled,Finished,Sump Pump,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Double Sided, Family Room, Gas
    Interior area
    • Total structure area: 5,978
    • Total interior livable area: 5,978 sqft
    • Finished area above ground: 2,998
    • Finished area below ground: 2,600

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Electric Vehicle Charging Station(s), Heated Garage, Insulated Garage
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: Other
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: In Ground, Heated, Outdoor Pool
    Lot
    • Size: 5.39 Acres
    • Dimensions: 33 x 49 x 217 x 91 x 115
    Details
    • Foundation area: 2980
    • Parcel number: 0511823120004
    • 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: 2002

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Private Sewer
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Covey Run
    HOA
    • Has HOA: No
    Location
    • Region: Medina

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $935,400
    • Annual tax amount: $10,217
    • Date on market: 5/5/2026
    • Cumulative days on market: 9 days

    Price history

    DateEventPrice
    5/29/2026Sold$1,150,000-4.2%$192/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7041228 Report a problem
    5/17/2026Pending sale$1,199,900$201/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7041228 Report a problem
    5/7/2026Listed for sale$1,199,900+130.8%$201/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7041228 Report a problem
    5/11/2010Sold$520,000+348.3%$87/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1545420 Report a problem
    10/4/2002Sold$116,000$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,217 +9.4%$935,400 +5%
    2024$9,338 -2.7%$890,600 +5.3%
    2023$9,593 +2.9%$846,000 +4.1%
    2022$9,319 +4.2%$813,000 +11.7%
    2021$8,947 -2.7%$728,000 +4.1%
    2020$9,194 +2.8%$699,000 +1.6%
    2019$8,947 -2.7%$688,000 +3.3%
    2018$9,194 -8.2%$666,000 +4.7%
    2017$10,014 +6.6%$636,000 +2.4%
    2016$9,392 -2.2%$621,000 +1.1%
    2015$9,604 +26.4%$614,000 +17.2%
    2014$7,601 +12.7%$524,000
    2013$6,745 -7%$524,000 -12.4%
    2012$7,251 -17.4%$598,000 -18.8%
    2011$8,784 -5.9%$736,000 -10.4%
    2010$9,338 +0.7%$821,000 -3.8%
    2009$9,273 -0.7%$853,000 +3.8%
    2006$9,342 -6.7%$822,000 -1.9%
    2005$10,013 +503.2%$837,500 +423.4%
    2004$1,660 -23.9%$160,000 +13.5%
    2002$2,180 -20.6%$141,000
    2001$2,745 --
    Find assessor info on the county website

    Neighborhood: 55340

    Nearby schools

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    Estimated market value
    $1,156,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,156,300