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  • $472,400

    5427 Butternut Cir, Minnetonka, MN 55343

    2beds
    3,486sqft
    Side x Side
    Built in 1989
    3,049.2 Square Feet Lot
    $475,000 Zestimate®
    $136/sqft
    $2,927 Estimated rent

    Home value

    $475,000

    $442,000 - $513,000

    $2,927/mo

    Zestimate® history
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    What's special

    Fantastic opportunity for private wooded views in Minnetonka’s Lake Forest town home neighborhood! The entry is flooded with natural light, soaring ceilings and grand staircase that leads to open concept Living Room with gas fireplace/Dining/Kitchen areas! Granite counters, stainless steel appliances, plenty of storage and informal Dining space are highlights of the Kitchen, but your favorite room is likely to be the cozy Sunroom overlooking spacious deck and nature! Main level washer and dryer makes laundry a breeze! Convenient chair lift makes the upper level handicap accessible for all to enjoy brand-new carpet and HUGE Bedrooms! The Primary Suite features another fireplace and more of the coveted views, plus large Bathroom with walk in closet, double vanity and separate tub and shower! The 2nd Bedroom offers over 300 sq ft and could easily be converted to 2 separate rooms, or used as a fantastic office, guest suite or flex space, all of which can utilize the shared full Bathroom in the hallway. Head downstairs for the enormous Family Room and several storage spaces that offer flexibility for another Bedroom if desired! Located near several parks, trails and close proximity to Shady Oak Beach, Glen Lake along with local favorite shops and markets!

    Zillow last checked: 7 hours ago

    Listing updated: January 05, 2026 at 08:25pm

    Listed by:

    Patrick Morgan 612-803-2339,

    Coldwell Banker Realty,

    Michelle L Skott Morgan 763-350-7949

    Bought with:

    Clark Lensing

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6788709MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 400 Square Feet
    • Dimensions: 16x25
    Bedroom 2
    • Level: Upper
    • Area: 252 Square Feet
    • Dimensions: 12x21
    Primary bathroom
    • Level: Upper
    • Area: 171 Square Feet
    • Dimensions: 19x9
    Deck
    • Level: Main
    • Area: 230 Square Feet
    • Dimensions: 23x10
    Dining room
    • Level: Main
    • Area: 153 Square Feet
    • Dimensions: 9x17
    Family room
    • Level: Lower
    • Area: 400 Square Feet
    • Dimensions: 16x25
    Foyer
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Kitchen
    • Level: Main
    • Area: 198 Square Feet
    • Dimensions: 18x11
    Laundry
    • Level: Main
    • Area: 45 Square Feet
    • Dimensions: 9x5
    Living room
    • Level: Main
    • Area: 255 Square Feet
    • Dimensions: 15x17
    Porch
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    • Laundry: Laundry Room, Main Level
    Features
    • Basement: Daylight,Egress Window(s),Finished,Full,Storage Space
    • Number of fireplaces: 2
    • Fireplace features: Gas, Living Room, Primary Bedroom
    Interior area
    • Total structure area: 3,486
    • Total interior livable area: 3,486 sqft
    • Finished area above ground: 2,415
    • Finished area below ground: 624

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Grab Bars In Bathroom, Stair Lift
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Porch
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 3,049 sqft
    • Features: Irregular Lot, Tree Coverage - Medium
    Details
    • Foundation area: 1032
    • Parcel number: 3511722220027
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Side x Side
    • Attached to another structure: Yes
    Materials
    • Block
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minnetonka
    • Subdivision: Lake Forest

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $540 monthly
    • Amenities included: In-Ground Sprinkler System
    • Services included: Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Snow Removal
    • Association name: Cities Mgmt
    • Association phone: 612-381-8600

    Price history

    DateEventPrice
    1/4/2026Pending sale$489,900+3.7%$141/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6788709 Report a problem
    12/31/2025Sold$472,400-3.6%$136/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6788709 Report a problem
    11/21/2025Price change$489,900-2%$141/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6788709 Report a problem
    9/23/2025Listed for sale$499,900+45.7%$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6788709 Report a problem
    4/30/2008Sold$343,000$98/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1884631 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,678 +17.8%$505,700 -5.8%
    2024$5,671 +3.7%$536,600 +11.7%
    2023$5,470 +4.7%$480,300 +2.5%
    2022$5,224 +9.5%$468,500 +12.5%
    2021$4,772 -13.7%$416,400 +7.6%
    2020$5,529 +15.9%$387,100 -8.4%
    2019$4,772 -13.7%$422,600 +6.5%
    2018$5,529 +4.4%$396,700 +16.7%
    2017$5,294 +16.1%$340,000 +2.7%
    2016$4,561 0%$331,100 -2%
    2015$4,562 -4.5%$337,800 +17.3%
    2014$4,775 +21.9%$288,000 +3%
    2013$3,916 -8.5%$279,700 -10%
    2012$4,281 +3.8%$310,700 +0%
    2011$4,122 +0.6%$310,600 -8%
    2010$4,097 -4%$337,600 -11%
    2009$4,268 +10.9%$379,300 +13.4%
    2006$3,850 +1%$334,400 +1.5%
    2005$3,811 +8.7%$329,300 +15%
    2004$3,507 +8.8%$286,400 +12%
    2002$3,222 -27.7%$255,800
    2001$4,455 --

    Find assessor info on the county website

    Neighborhood: 55343

    Nearby schools

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    Estimated market value
    $475,000
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    Estimated market value
    $475,000