Seldom available townhome with spectacular views of Shady Oak Lake! This charming home is a "project" - great for a buyer with imagination who can bring their contractor, designer or both to help with needed updates including a new roof and other exterior details, as well as a new kitchen and interior finishes. In addition to main level living master suite, the open floor plan features a three season porch and deck overlooking the lake. Lower level has two additional bedrooms, a full bath and a huge family room with gas fireplace, wet bar and a walk out to lake. Trails, parks and a short distance to wonderful dining and shopping. Instant equity for the right buyer!
Closed
$420,000
5388 Waters Edge Dr, Minnetonka, MN 55343
4beds
2,877sqft
Townhouse Detached
Built in 1989
3,982 Square Feet Lot
$718,300 Zestimate®
$146/sqft
$3,217 Estimated rent
Home value
$718,300
$654,000 - $790,000
$3,217/mo
Zestimate® history
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$3,217/mo
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$2,908/mo
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$2,908/mo
Est. payment
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List your homeWhat's special
Gas fireplaceWet barOpen floor planNew kitchenNew roofHuge family room
Zillow last checked:
Listing updated:
Listed by:
Linda S Coffey 612-868-3233,
Edina Realty, Inc.
Bought with:
Dane Jensen
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6391418
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Level: Lower
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 4
- Level: Lower
- Area: 176 Square Feet
- Dimensions: 16x11
Deck
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Dining room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Family room
- Level: Lower
- Area: 420 Square Feet
- Dimensions: 30x14
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Laundry
- Level: Main
- Area: 49.5 Square Feet
- Dimensions: 9x5.5
Living room
- Level: Main
- Area: 231 Square Feet
- Dimensions: 16.5x14
Porch
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Storage
- Level: Lower
- Area: 480 Square Feet
- Dimensions: 32x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Range
- Laundry: Laundry Room, Main Level
Features
- Basement: Daylight,Full,Storage Space,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 2,877
- Total interior livable area: 2,877 sqft
- Finished area above ground: 1,687
- Finished area below ground: 1,190
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x20)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 3,982 sqft
- Dimensions: 45 x 87 x 95 x 90
- Features: Near Public Transit, Irregular Lot, Tree Coverage - Medium
Details
- Foundation area: 1670
- Parcel number: 2611722430084
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse Detached
Materials
- Brick, Frame, Stone
- Roof: Age Over 8 Years,Wood
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minnetonka
- Subdivision: Waters Edge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $270 monthly
- Amenities included: Boat Dock, In-Ground Sprinkler System
- Services included: Dock, Lawn Care, Maintenance Grounds, Sanitation, Snow Removal
- Association name: Waters Edge Owners Association
- Association phone: 612-868-3233
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $420,000-6.7%$146/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6391418 Report a problem | ||
| 8/7/2023 | Pending sale | $450,000$156/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6391418 Report a problem | ||
| 7/18/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6391418 Report a problem | ||
| 7/10/2023 | Price change | $450,000-12.6%$156/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6391418 Report a problem | ||
| 6/27/2023 | Listed for sale | $515,000$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6391418 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,225 +65.9% | $666,200 +4.1% |
| 2024 | $4,959 -38.9% | $640,000 +1.7% |
| 2023 | $8,117 -2.9% | $629,500 -4.7% |
| 2022 | $8,356 +6.6% | $660,400 +3.9% |
| 2021 | $7,838 -5.6% | $635,900 +4.5% |
| 2020 | $8,307 +6% | $608,400 -0.4% |
| 2019 | $7,838 -5.6% | $610,700 +14.9% |
| 2018 | $8,307 +21% | $531,300 +6.3% |
| 2017 | $6,864 +0.7% | $499,700 +8.8% |
| 2016 | $6,816 +5.7% | $459,200 +1.6% |
| 2015 | $6,451 -0.8% | $451,900 |
| 2014 | $6,501 -5.1% | $451,900 -4% |
| 2013 | $6,851 +1.8% | $470,700 -1% |
| 2012 | $6,729 +12% | $475,600 +5% |
| 2011 | $6,009 +6.1% | $452,800 -3% |
| 2010 | $5,665 +3.9% | $466,800 -3% |
| 2009 | $5,453 +4.7% | $481,200 +8.3% |
| 2006 | $5,208 -0.2% | $444,200 +0.5% |
| 2005 | $5,217 -2% | $442,000 +5% |
| 2004 | $5,324 +5.8% | $421,000 +9.5% |
| 2002 | $5,030 -36.9% | $384,400 |
| 2001 | $7,967 | -- |
Find assessor info on the county website
Neighborhood: 55343
Nearby schools
GreatSchools rating
- 2/10Gatewood Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 5/10Hopkins West Junior High SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Hopkins Senior High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$718,300
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
$718,300
- Minnesota
- Hennepin County
- Minnetonka
- 55343
- 5388 Waters Edge Dr
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