This beautifully updated five-bedroom, two-bath home has been extensively remodeled during the current owner’s occupancy, offering a thoughtful blend of modern finishes, functional upgrades, and comfortable living spaces. The remodeled kitchen features cherry cabinetry, granite countertops, stainless steel appliances, and recessed lighting, while both bathrooms have been updated with custom cabinetry. Additional interior improvements include refinished hardwood floors throughout the main level, paneled doors, a cedar closet, an oversized laundry room with storage, and an egress window adding an additional bedroom, that enhance the lower level. French doors open from the lower level to a paver patio, creating an inviting outdoor connection in a relatively private setting. Exterior updates include vinyl siding, windows, a maintenance-free deck, a newer concrete driveway, and an additional rock-slab parking area beside the third garage. The fully insulated, heated, and finished three-car garage includes a generator hook-up in the double stall. The home also offers a gas-burning fireplace, a large, landscaped corner lot with a sprinkler system, and both a utility shed and garden tool shed located behind the garage. Situated on a dead-end road in a desirable Minnetonka neighborhood, this property provides privacy, convenience, and a well-maintained setting.
Active
Price cut: $20K (9/2)
$550,000
5137 Forest Rd, Minnetonka, MN 55345
5beds
2,050sqft
Single Family
Built in 1958
0.34 Acres Lot
$545,200 Zestimate®
$268/sqft
$-- HOA
What's special
Vinyl sidingGas-burning fireplaceFive-bedroom two-bath homeStainless steel appliancesRecessed lightingRemodeled kitchenGranite countertops
- 42 days
- 1,258
- 43
Zillow last checked:
Listing updated:
Listed by:
Vickie Van Kempen 651-528-9788,
Coldwell Banker Realty - Southwest Regional,
Diane M Bloem 612-801-8105
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7113906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Level: Lower
- Area: 224 Square Feet
- Dimensions: 14x16
Bedroom 5
- Level: Lower
- Area: 182 Square Feet
- Dimensions: 14x13
Deck
- Level: Main
- Area: 230 Square Feet
- Dimensions: 23x10
Family room
- Level: Lower
- Area: 464 Square Feet
- Dimensions: 29x16
Informal dining room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Kitchen
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Laundry
- Level: Lower
- Area: 264 Square Feet
- Dimensions: 24x11
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Patio
- Level: Lower
- Area: 702 Square Feet
- Dimensions: 39x18
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Gas Dryer Hookup, Lower Level, Laundry Room, Sink, Washer Hookup
Features
- Basement: Block,Egress Window(s),Finished,Full,Storage Space,Tile Shower,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room, Stone
Interior area
- Total structure area: 2,050
- Total interior livable area: 2,050 sqft
- Finished area above ground: 1,144
- Finished area below ground: 906
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Electric, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Other, Storage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking, Deck, Patio
- Pool features: None
- Fencing: Partial,Privacy
Lot
- Size: 0.34 Acres
- Dimensions: 150 x 85 x 162 x 95
- Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
Details
- Additional structures: Garage(s), Storage Shed
- Foundation area: 1144
- Parcel number: 2911722420066
- 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: 1958
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Minnetonka
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $393,100
- Annual tax amount: $4,985
- Date on market: 8/7/2026
- Road surface type: Paved
Estimated market value
$545,200
$518,000 - $572,000
$2,985/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $550,000-3.5%$268/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7113906 Report a problem | ||
| 8/7/2026 | Listed for sale | $570,000$278/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7113906 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,985 +3.5% | $393,100 +1.6% |
| 2024 | $4,816 +1.6% | $387,000 +0.1% |
| 2023 | $4,740 +7.3% | $386,800 +2.2% |
| 2022 | $4,420 +3.3% | $378,600 +15.9% |
| 2021 | $4,278 -2.1% | $326,600 +2.8% |
| 2020 | $4,372 +2.2% | $317,700 +2% |
| 2019 | $4,278 -2.1% | $311,500 +6.3% |
| 2018 | $4,372 +22.5% | $293,100 +23% |
| 2017 | $3,570 +8.1% | $238,200 -3.9% |
| 2016 | $3,302 -4.7% | $247,900 +1.2% |
| 2015 | $3,465 +0.9% | $245,000 +7.7% |
| 2014 | $3,436 +18.2% | $227,400 +8% |
| 2013 | $2,908 -1.5% | $210,500 -5.4% |
| 2012 | $2,953 +3.6% | $222,600 -0.3% |
| 2011 | $2,849 -5% | $223,200 -12.5% |
| 2010 | $3,000 -3.1% | $255,000 -6.9% |
| 2009 | $3,098 +3.5% | $274,000 +5.8% |
| 2006 | $2,993 +1% | $259,000 +5.9% |
| 2005 | $2,962 +11.9% | $244,600 +16.3% |
| 2004 | $2,647 +5.6% | $210,400 +12% |
| 2002 | $2,506 -38.3% | $187,900 |
| 2001 | $4,065 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55345
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