Equity-builder in Eden Prairie with a hard-to-find price point under $400K. The main level is livable as-is, with plenty of room to personalize through simple cosmetic updates.
The lower level offers major expansion potential with a partially finished full bathroom and about 1,100 sq ft of unfinished space—ideal for adding 2+ bedrooms, a family room, and an office. Some flooring is already installed downstairs.
Solid opportunity to get into a great location and school district while building value—move in now and update over time, or renovate for resale.
All offers will be reviewed 1/9/26 at 12:00pm
Closed
$400,000
17581 Lorence Way, Eden Prairie, MN 55346
3beds
1,246sqft
Single Family Residence
Built in 1984
0.34 Acres Lot
$401,900 Zestimate®
$321/sqft
$2,226 Estimated rent
Home value
$401,900
$374,000 - $434,000
$2,226/mo
Zestimate® history
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$2,226/mo
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$2,552/mo
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Zillow last checked: 7 hours ago
Listing updated: January 16, 2026 at 05:38pm
Listed by:
Cristy Elizabeth Oldman 612-408-1239,
HOMESTEAD ROAD
Bought with:
Jason Peteler
Keller Williams Realty Integrity Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7001934
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bathroom
- Level: Main
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Kitchen
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Living room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Lower Level
Features
- Basement: Daylight,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,246
- Total interior livable area: 1,246 sqft
- Finished area above ground: 1,246
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 0.34 Acres
- Dimensions: 93' x 150' x 101' x 150'
Details
- Foundation area: 1246
- Parcel number: 0811622230053
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Eden Prairie
- Subdivision: Lorence 2nd Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Sold | $400,000+6.7%$321/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7001934 Report a problem | ||
| 1/9/2026 | Pending sale | $374,900$301/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7001934 Report a problem | ||
| 1/2/2026 | Listed for sale | $374,900+42.8%$301/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7001934 Report a problem | ||
| 12/9/2025 | Sold | $262,500$211/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,676 +6% | $399,800 |
| 2024 | $4,411 +1% | $399,800 +2% |
| 2023 | $4,368 +14.9% | $392,000 +1.6% |
Find assessor info on the county website
Neighborhood: 55346
Nearby schools
GreatSchools rating
- 8/10Prairie View Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Central Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Eden Prairie High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
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Estimated market value
$401,900
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
$401,900
- Minnesota
- Hennepin County
- Eden Prairie
- 55346
- 17581 Lorence Way