$559,900
- 4 Beds
- 2.5 Baths
- 2,076 Sq Ft
14623 Orchard Rd, Minnetonka, MN 55345
David Hitchcock Pro Flat Fee Realty LLC
Frequently Asked Questions
Is Spring Lake a good place to live?
Spring Lake is a good place to live. Spring Lake is considered very car-dependent and somewhat bikeable. Spring Lake is a suburban neighborhood. It has a median age of 48. The average household income is $167,773 which is above the national average. College graduates make up 63.9% of residents. A majority of residents in Spring Lake are home owners, with 12.4% of residents renting and 87.6% of residents owning their home. A local real estate agent serving Spring Lake can help you decide if this neighborhood is the right one for you. Learn more on our Spring Lake neighborhood guide.
How much do you need to make to afford a house in Spring Lake?
The median home price in Spring Lake is $645,000. If you put a 20% down payment of $129,000 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $3,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $135K a year to afford the median home price in Spring Lake. The average household income in Spring Lake is $168K.
What are the best public schools in Spring Lake?
The best public schools that serve Spring Lake are:
- Hopkins Senior High School has an A- Niche grade, a student teacher ratio of 20:1 and an average review score of 3.9.
- Glen Lake Elementary School has a B+ Niche grade, a student teacher ratio of 15:1 and an average review score of 5.0.
- Hopkins West Junior High School has a B Niche grade, a student teacher ratio of 18:1 and an average review score of 3.8.
What are the best private schools in Spring Lake?
The best private schools that serve Spring Lake are:
- Minnetonka Christian Academy has a student teacher ratio of 16:1.
- Notre Dame Academy has a student teacher ratio of 9:1.
What are the most popular zip codes in Spring Lake, Minnetonka, MN?
What are the most popular neighborhoods near Spring Lake, Minnetonka, MN?
The most popular neighborhoods near Spring Lake, Minnetonka, MN are Minnetonka Mills, Tonkawood, Williston, Glen Lake and Woodland-Highland.
