Recently expanded and fully completed, this 5,000+ SF custom home has been transformed with over $200,000 in recent enhancements, including a newly finished lower level with two additional bedrooms, a full bath, and expansive recreation space (see plans in supplement). Designed by renowned local builder Hoxie Homes, this property blends modern elegance with exceptional craftsmanship in the exclusive Knollwood neighborhood, directly across from Oak Ridge Country Club and within the sought-after Hopkins school district.
Set on a private 1+ acre estate with a natural pond and summer fountain views, this residence offers a perfect balance of entertainment and everyday functionality. Enjoy seamless indoor-outdoor living with a large screened porch, a sophisticated home office with Murphy bed (ideal as a third bedroom flex space), and refined finishes throughout.
Meticulously maintained by its original owner, this rare property offers the size, quality, and setting typically reserved for much higher price points. A true must-see for those seeking luxury, privacy, and practicality in one exceptional home.
Closed
$1,200,000
702 Valley Way, Hopkins, MN 55305
4beds
5,030sqft
Single Family
Built in 2015
1.11 Acres Lot
$1,200,500 Zestimate®
$239/sqft
$4,490 Estimated rent
Home value
$1,200,500
$1.12M - $1.30M
$4,490/mo
Zestimate® history
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List your homeWhat's special
Refined finishes throughoutLarge screened porchNatural pondSummer fountain viewsTwo additional bedroomsNewly finished lower levelExpansive recreation space
Zillow last checked:
Listing updated:
Listed by:
Amanda Athayde 952-994-7080,
HomeAvenue Inc
Bought with:
Kristen Kregel
Coldwell Banker Realty - Southwest Regional
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033204
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- 3/4 bathrooms: 3
Bedroom
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15x16
Bedroom 2
- Level: Lower
- Area: 288 Square Feet
- Dimensions: 18x16
Bedroom 3
- Level: Lower
- Area: 196 Square Feet
- Dimensions: 14x14
Bedroom 4
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 16x15
Bathroom
- Level: Main
- Area: 72 Square Feet
- Dimensions: 8x9
Deck
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Foyer
- Level: Main
- Area: 35 Square Feet
- Dimensions: 7x5
Game room
- Level: Lower
- Area: 476 Square Feet
- Dimensions: 28x17
Great room
- Level: Main
- Area: 728 Square Feet
- Dimensions: 26x28
Informal dining room
- Level: Main
- Area: 36 Square Feet
- Dimensions: 6x6
Kitchen
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Laundry
- Level: Main
- Area: 100 Square Feet
- Dimensions: 20x5
Living room
- Level: Main
Living room
- Level: Lower
- Area: 486 Square Feet
- Dimensions: 27x18
Office
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Screened porch
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17x13
Heating
- Forced Air, Fireplace(s), In-Floor Heating
Cooling
- Central Air, Zoned
Appliances
- Included: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Laundry Room, Main Level
Features
- Central Vacuum
- Basement: Daylight,Drain Tiled,Egress Window(s),Full,Concrete,Partially Finished,Storage Space,Sump Pump,Unfinished,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Gas, Primary Bedroom
Interior area
- Total structure area: 5,030
- Total interior livable area: 5,030 sqft
- Finished area above ground: 2,404
- Finished area below ground: 1,952
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage, Heated Garage, Insulated Garage
- Attached garage spaces: 2
- Details: Garage Dimensions (27x32)
Accessibility
- Accessibility features: Doors 36"+, Grab Bars In Bathroom, Hallways 42"+
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking, Covered, Deck, Enclosed, Patio, Porch, Rear Porch, Screened
Lot
- Size: 1.11 Acres
- Dimensions: 48220 sq ft
Details
- Foundation area: 3480
- Parcel number: 1311722440046
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Hopkins
- Subdivision: Knollwood
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $1,200,000-4%$239/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7033204 Report a problem | ||
| 3/31/2026 | Pending sale | $1,250,000$249/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033204 Report a problem | ||
| 3/20/2026 | Listed for sale | $1,250,000+13.7%$249/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033204 Report a problem | ||
| 8/28/2025 | Listing removed | $1,099,000$218/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6708830 Report a problem | ||
| 8/20/2025 | Price change | $1,099,000-8.3%$218/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6708830 Report a problem | ||
| 7/6/2025 | Price change | $1,199,000-7.7%$238/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6708830 Report a problem | ||
| 4/29/2025 | Listed for sale | $1,299,000+754.6%$258/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6708830 Report a problem | ||
| 8/15/2013 | Sold | $152,000+8585.7%$30/sqft |
Source: Public Record Report a problem | ||
| 3/5/2010 | Sold | $1,750-98.3% |
Source: Public Record Report a problem | ||
| 1/27/2006 | Sold | $100,000-33.3%$20/sqft |
Source: Public Record Report a problem | ||
| 1/13/2004 | Sold | $150,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,789 +6.4% | $1,021,600 +6.3% |
| 2024 | $14,844 +5.4% | $960,900 +3.5% |
| 2023 | $14,089 +5.8% | $928,600 +5.3% |
| 2022 | $13,322 +7.7% | $882,000 +11.5% |
| 2021 | $12,371 -1.1% | $791,000 +7% |
| 2020 | $12,511 +1.1% | $739,000 +3.9% |
| 2019 | $12,371 -1.1% | $711,000 +1.1% |
| 2018 | $12,511 +0.2% | $703,000 -11.8% |
| 2017 | $12,491 -11.4% | $797,000 +308.7% |
| 2016 | $14,091 +326.5% | $195,000 +39.3% |
| 2015 | $3,304 +14.3% | $140,000 -4.1% |
| 2014 | $2,889 -23.1% | $146,000 -18.4% |
| 2013 | $3,757 -1.4% | $179,000 -5.3% |
| 2012 | $3,810 -4.1% | $189,000 -10% |
| 2011 | $3,973 +11.4% | $210,000 |
| 2010 | $3,567 +6.2% | $210,000 |
| 2009 | $3,359 +154.2% | $210,000 +162.8% |
| 2006 | $1,321 +26.2% | $79,900 +27.6% |
| 2005 | $1,047 -42.8% | $62,600 +33.5% |
| 2004 | $1,829 -32.7% | $46,900 +39.2% |
| 2002 | $2,718 +340.3% | $33,700 |
| 2001 | $617 | -- |
Find assessor info on the county website
Neighborhood: Knollwood
Nearby schools
GreatSchools rating
- 2/10Eisenhower Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Hopkins North Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Hopkins Senior High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,200,500
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Estimated market value
$1,200,500
- Minnesota
- Hennepin County
- Hopkins
- 55305
- Knollwood
- 702 Valley Way
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Hopkins Topics
