15432 Highwood Drive, Minnetonka, MN 55345

New Listing
$625,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,968 Lot Size (sq. ft.): 64,469 Status: Coming Soon
Current Price: $625,000 List Date: 6/29/2026 Last Modified: 6/30/2026

Overview

Description

Rare wooded retreat in Minnetonka Schools with nearly 1.5 acres of mature trees, privacy, wildlife, and serious upside. This is not a light project. The home needs extensive repairs and investment but the upside is clear. The land, setting, neighborhood, and core fundamentals create a rare opportunity for the right buyer. Tucked into a high-demand neighborhood, this spacious home features four bedrooms on the second level, great natural light, an intuitive layout, large kitchen, main level laundry, expansive front porch, newer roof, 3-stall garage, and a valuable 1990s addition that expanded the living space. The deck off the kitchen overlooks the wooded backdrop/adjacent lots, adding to the quiet, natural feel of the property. The value is in the land, location, square footage, and potential. Bring your contractor, your vision, or your DIY instincts and create something special without being locked into someone else's remodel choices. Update the existing home, reimagine the space, o ...

Listing Details MLS# 7027429

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Waterfront YN
No
Year Built
1981
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1916
Above Grd Total SqFt
2952
Below Grd Total SqFt
1016
Total SqFt
3968
Total Finished Sqft
3201.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1075
Garage Stalls
3
Lot Dimensions
250x262
Acres
1.48
Assessment Pending
No
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Kitchen Window; Porch; Primary Bedroom Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Range; Refrigerator Basement: Drain Tiled; Full; Partially Finished; Sump Pump Bath Description: Main Floor 1/2 Bath; 3/4 Primary; Private Primary Construction Status: Previously Owned Exterior: Fiber Board Family Room Characteristics: Family Room; Main Level Fireplace Characteristics: Gas Burning; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: Gas Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup Lock Box Type: Combo Lot Description: Tree Coverage - Heavy Parking Characteristics: Garage Door Opener Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles Sellers Terms: Cash; Conventional; Conventional Rehab; FHA; FHA Rehab 203k; VA Sewer: City Sewer/Connected Special Search: 4 BR on One Level; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
625000
ListPrice
625000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
15432
Street Name
Highwood
Street Suffix
Drive
Postal City
Minnetonka
County
Hennepin
State
MN
Zip Code
55345
Complex/Dev/Subdivision
Tonkawood Farms

Assessments

Tax With Assessments
10218
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2952
Finished SqFt Below Ground
249

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x38
Garage Square Feet
700
Garage Door Opener
Yes

Public Survey Info

Range#
22
Section#
21
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 004 BLOCK 004 TONKAWOOD FARMS THE N 261.8 FT OF LOT 4 BLK 4 TONKAWOOD FARMS
Listing City
Minnetonka
Map Page
118
Municipality
Minnetonka
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
2815
Property ID Number
2111722340037
Tax Year
2025
Tax Amount
10218
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Rare wooded retreat in Minnetonka Schools with nearly 1.5 acres of mature trees, privacy, wildlife, and serious upside. This is not a light project. The home needs extensive repairs and investment but the upside is clear. The land, setting, neighborhood, and core fundamentals create a rare opportunity for the right buyer. Tucked into a high-demand neighborhood, this spacious home features four bedrooms on the second level, great natural light, an intuitive layout, large kitchen, main level laundry, expansive front porch, newer roof, 3-stall garage, and a valuable 1990s addition that expanded the living space. The deck off the kitchen overlooks the wooded backdrop/adjacent lots, adding to the quiet, natural feel of the property. The value is in the land, location, square footage, and potential. Bring your contractor, your vision, or your DIY instincts and create something special without being locked into someone else's remodel choices. Update the existing home, reimagine the space, or take it a step further. The undergrowth has been cleared so the property is easier to walk and understand, and a pre-list inspection has been completed to help buyers evaluate the project. The home has been cleaned out, making it easier to see what is there and what it could become. Large wooded lots like this are hard to find in such a convenient location surrounded by significant investment and $1M+ homes. Sold as-is. A rare chance to get into this setting, neighborhood, and school district with room to create real value.
Directions
Mtka Blvd to Tonkawood Road S to Highwood, east

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Deck
Yes
Kitchen Window
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Range
Yes
Refrigerator
Yes

Basement

Drain Tiled
Yes
Full
Yes
Partially Finished
Yes
Sump Pump
Yes

Bath Description

Main Floor 1/2 Bath
Yes
3/4 Primary
Yes
Private Primary
Yes

Construction Status

Previously Owned
Yes

Exterior

Fiber Board
Yes

Family Room Characteristics

Family Room
Yes
Main Level
Yes

Fireplace Characteristics

Gas Burning
Yes
Wood Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes

Laundry

Gas Dryer Hookup
Yes
Laundry Room
Yes
Main Level
Yes
Sink
Yes
Washer Hookup
Yes

Lock Box Type

Combo
Yes

Lot Description

Tree Coverage - Heavy
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Deck
Yes
Enclosed
Yes
Front Porch
Yes
Screened
Yes

Roof

Age 8 Years or Less
Yes
Architectural Shingle
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Conventional Rehab
Yes
FHA
Yes
FHA Rehab 203k
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

4 BR on One Level
Yes
Main Floor Laundry
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Dining Room 11x14 Main
Family Room 13x18 Main
First (1st) Bedroom 16x18 Upper
Fourth (4th) Bedroom 9x12 Upper
Kitchen 12x19 Main
Living Room 25x36 Main
Second (2nd) Bedroom 12x13 Upper
Third (3rd) Bedroom 13x10 Upper

Documents

IDX
Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: June - 30 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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