$699,000
PENDING

5016 Shady Oak Rd S Hopkins, MN 55343

Estimated payment $4,516/month

Total Views 2,765
2 Beds
2.5 Baths
2,052 Sq Ft
$341 Price per Sq Ft

Highlights

  • 278 Feet of Waterfront
  • Deck
  • No HOA
  • Hopkins Senior High School Rated A-
  • 2 Fireplaces
  • Walk-In Pantry

About This Home

Discover a rare opportunity to own a modern, renovated lakefront home at 5016 Shady Oak Road in Minnetonka. Enjoy 278 feet of lakeshore on the serene Shady Oak Lake. This 2,052 sq. ft. residence offers two bedrooms and three bathrooms, with a lower level living area that cleverly converts to a second bedroom.Inside, you'll find open, airy spaces, a chef's kitchen, built-ins, both decorative and a working gas fireplace and a sunlit solarium. Step onto the deck to take in stunning, west facing, lakefront views.The lush landscaping provides ample space for outdoor enjoyment, and a sandy shoreline awaits your personal touch. Located just minutes from shopping and entertainment, this home combines lakeside tranquility with convenient access to suburban amenities.

Listing Agent

Lynne Gambucci

Compass Listed on: 05/29/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,730

Year Built

  • Built in 1935

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 57x278x171x297
  • 278 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Flex
  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces
  • Decorative Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Walk-Out Basement

Kitchen

  • Walk-In Pantry
  • Built-In Double Oven
  • Cooktop<<rangeHoodToken>>
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2611722420008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,730

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1302
  • Water Body Name: Shady Oak
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
  • Fireplace Features: Decorative, Gas
  • Living Area: 2052
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 750
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Flex Room, Laundry, Pantry (Walk-In), Patio, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • View: Lake, West
  • PatioPorchType: Composite Decking,Deck,Patio
  • Lake Acres: 90
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 278

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Panoramic View

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictNumber: 270
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 57X278X171X297
  • Lot Size Sq Ft: 25264.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Shake Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2611722420008
  • Tax Annual Amount: 7730
  • TaxWithAssessments: 7730.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,730 $626,700 $365,500 $261,200
2022 $5,606 $503,300 $289,300 $214,000
2021 $5,252 $446,800 $263,000 $183,800
2020 $5,399 $423,700 $263,000 $160,700
2019 $5,073 $412,700 $281,400 $131,300
2018 $4,395 $392,800 $281,400 $111,400
2017 $3,752 $285,000 $171,500 $113,500
2016 $3,893 $286,900 $135,000 $151,900
2015 $4,548 $323,200 $150,000 $173,200
2014 -- $310,400 $150,000 $160,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Pending -- -- --
06/08/2025 06/08/25 Off Market $699,000 -- --
05/30/2025 05/30/25 For Sale $699,000 -0.6% $341 / Sq Ft
08/01/2022 08/01/22 Sold $703,500 +4.2% $343 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $675,000 -- $329 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $703,500 --
Warranty Deed $703,500 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,800 New Conventional
Closed $562,800 New Conventional
Previous Owner $316,000 New Conventional
Previous Owner $374,150 New Conventional
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6723334

NorthstarMLS

APN: 26-117-22-42-0008