Estimated payment $11,350/month
Highlights
- 100 Feet of Waterfront
- Beach Access
- Deck
- Shirley Hills Primary School Rated A
- 21,344 Sq Ft lot
- Sauna
About This Home
Comfortable, well-appointed Lake Minnetonka home situated on the shores of Phelps Bay. Freshly updated with new Marvin Infinity windows and refinished hardwood floors, this home is designed for everyday living and entertainment. The main level features a functional layout with a kitchen that overlooks the lake, a newly built deck with scenic views, a cozy living room with a stone fireplace, a laundry area, an office, and a spacious primary suite with a spa-like bathroom. The lower level offers extra space for relaxation and entertaining, including ample guest accommodations, a walk-out basement with resort-style features such as an oversized family room, a game area, and a sauna/steam room. Outside, enjoy a private bocce court and 100 feet of Lake Minnetonka waterfront with easily accessible dockage in a protected cove of Phelps Bay. The property also includes a large, four-car heated garage with backyard access, ample parking, and storage space. A turn-key option located on historic Enchanted Island, Lake Minnetonka.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,053
Year Built
- Built in 1989
Lot Details
- 0.49 Acre Lot
- 100 Feet of Waterfront
- Lake Front
Parking
- 4 Car Attached Garage
- Heated Garage
- Insulated Garage
Interior Spaces
- 1-Story Property
- 2 Fireplaces
- Family Room
- Living Room
- Home Office
- Game Room
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Outdoor Features
- Beach Access
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Well
Listing and Financial Details
- Assessor Parcel Number 3011723320011
Community Details
Overview
- No Home Owners Association
- Enchanted Gardens Subdivision
Amenities
- Sauna
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $12,547 | $1,191,500 | $540,000 | $651,500 |
| 2022 | $11,099 | $1,193,000 | $540,000 | $653,000 |
| 2021 | $10,599 | $961,000 | $388,000 | $573,000 |
| 2020 | $11,184 | $913,000 | $350,000 | $563,000 |
| 2019 | $9,734 | $899,000 | $350,000 | $549,000 |
| 2018 | $9,613 | $792,000 | $251,000 | $541,000 |
| 2017 | $10,153 | $783,000 | $275,000 | $508,000 |
| 2016 | $9,298 | $721,000 | $280,000 | $441,000 |
| 2015 | $9,521 | $721,000 | $280,000 | $441,000 |
| 2014 | -- | $697,000 | $280,000 | $417,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $1,895,000 | -- | $442 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $990,000 | Executive Title Services | |
| Warranty Deed | $820,000 | -- | |
| Warranty Deed | $1,480,000 | -- | |
| Warranty Deed | $550,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $767,000 | New Conventional | |
| Closed | $792,000 | New Conventional | |
| Previous Owner | $496,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6757553
APN: 30-117-23-32-0011
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