What a gem! Updated top to bottom in the heart of Chanhassen. This beautiful home has a dream kitchen with custom cabinets and a large center island. Convenient open floor plan; perfect for entertaining! The main floor features 2 spacious bedrooms and a fully updated bathroom with double sinks, white oak floors throughout and lots of natural sunlight. Enjoy summers spent sitting on the deck overlooking the large tree lined yard. Fully updated lower level walkout features a family room, a wet bar, two spacious bedrooms and a fully updated full bath. The exterior of the home has been freshly painted along with a new garage door. Both A/C and furnace replaced in 2025. Impeccable location on a quiet cul-de-sac blocks from Lotus Lake and Chanhassen Elementary and minutes to shopping and restaurants.
Active with contingency
$575,000
503 Highland Dr, Chanhassen, MN 55317
4beds
2,126sqft
:
Get pre-qualified$3,667/mo
Single Family
Built in 1972
0.3 Acres Lot
$571,700 Zestimate®
$270/sqft
$-- HOA
What's special
- 9 days |
- 1,487 |
- 139 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Laura A O'Brien 612-619-2829,
Coldwell Banker Realty - Southwest Regional
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7113191
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 2
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 3
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 4
- Level: Lower
- Area: 117 Square Feet
- Dimensions: 13x9
Other
- Level: Lower
- Area: 120 Square Feet
- Dimensions: 12x10
Deck
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Dining room
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Family room
- Level: Lower
- Area: 156 Square Feet
- Dimensions: 13x12
Kitchen
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Living room
- Level: Upper
- Area: 234 Square Feet
- Dimensions: 18x13
Patio
- Level: Lower
- Area: 180 Square Feet
- Dimensions: 15x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: In Basement, Lower Level, Laundry Room
Features
- Basement: Drain Tiled,Finished,Full,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 2,278
- Total interior livable area: 2,126 sqft
- Finished area above ground: 1,201
- Finished area below ground: 925
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x20)
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Deck, Patio
- Pool features: None
- Fencing: None
Lot
- Size: 0.3 Acres
- Dimensions: 93 x 151 x 82 x 136 x 21
- Features: Irregular Lot
Details
- Foundation area: 1048
- Parcel number: 258810070
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Western Hills First Add
HOA
- Has HOA: No
Location
- Region: Chanhassen
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $506,000
- Annual tax amount: $5,462
- Date on market: 7/21/2026
Estimated market value
$571,700
$543,000 - $600,000
$2,842/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $575,000+25%$270/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7113191 Report a problem | ||
| 7/16/2021 | Sold | $460,000+7%$216/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6006934 Report a problem | ||
| 6/14/2021 | Pending sale | $429,900$202/sqft |
Source:  Engel & Volkers #6006934 Report a problem | ||
| 6/11/2021 | Listed for sale | $429,900+35.6%$202/sqft |
Source: Engel & Volkers #6006934 Report a problem | ||
| 4/1/2021 | Sold | $317,000+0.6%$149/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5688061 Report a problem | ||
| 2/13/2021 | Pending sale | $315,000$148/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5688061 Report a problem | ||
| 2/13/2021 | Listed for sale | $315,000$148/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5688061 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,918 +0.1% | $506,000 +6% |
| 2024 | $4,912 +2.3% | $477,200 |
| 2023 | $4,800 +39.7% | $477,200 +1.4% |
| 2022 | $3,436 +2.6% | $470,500 +55.9% |
| 2021 | $3,348 -0.4% | $301,700 |
| 2020 | $3,362 -8% | $301,700 +1.9% |
| 2019 | $3,656 | $296,000 +17.5% |
| 2017 | $3,656 +98.4% | $251,900 +17.2% |
| 2016 | $1,843 | $214,900 -6% |
| 2015 | $1,843 -50.5% | $228,600 +15.4% |
| 2014 | $3,724 -0.4% | $198,100 -8.2% |
| 2013 | $3,740 -0.4% | $215,900 +4.1% |
| 2012 | $3,756 +1.1% | $207,300 -2.5% |
| 2011 | $3,716 +1.5% | $212,700 |
| 2010 | $3,662 -3.8% | -- |
| 2009 | $3,806 +41.5% | $224,500 -1.1% |
| 2008 | $2,690 | $227,100 +1.9% |
| 2007 | -- | $222,837 +7.8% |
| 2005 | -- | $206,787 +1.2% |
| 2004 | -- | $204,269 |
| 2002 | -- | -- |
| 2001 | $2,225 -4.2% | -- |
| 2000 | $2,323 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55317
Nearby schools
GreatSchools rating
- 8/10Chanhassen Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Pioneer Ridge Middle SchoolGrades: 6-8Distance: 3.9 mi
- 9/10Chanhassen High SchoolGrades: 9-12Distance: 2.6 mi
- $472,2004 bd2 ba2.2k sqft501 Highland Dr, Chanhassen, MN 55317Off Market
- $431,0005 bd3 ba2.6k sqft505 Highland Dr, Chanhassen, MN 55317Sold
- $648,5003 bd2 ba3.5k sqft7402 Laredo Dr, Chanhassen, MN 55317Off Market
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- $442,0004 bd3 ba3.4k sqft502 Highland Dr, Chanhassen, MN 55317Sold
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- $500,3004 bd3 ba1.5k sqft500 Highland Dr, Chanhassen, MN 55317Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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