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16421 Norwood Lane, Minnetonka, MN 55345

$445,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,614 Lot Size (sq. ft.): 16,553 Status: Pending

Current Price: $445,000 List Date: 6/23/2026 Last Modified: 7/01/2026

Overview

Description

Welcome home – this well maintained, 3- bedroom home features a functional layout with a large living room, fireplace and plenty of natural light throughout the home. Adjacent to the living room is an updated eat-in kitchen with new quartzite counter tops, natural wood cabinetry and stainless-steel appliances. The lower level is an added bonus with a large, updated family room, a second fireplace, ¾ bath, utility/laundry room with access to an oversized single car garage. All located in the highly sought after Minnetonka School District. After a long day, retreat in your private yard with an amazing patio, large firepit and .38-acre lot, great for entertaining friends and family. Just a short walk or bike ride to the Purgatory Park trails system and close to everything Minnetonka has to offer.

Listing Details MLS# 7063361

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Other Parking Spaces: 4
Waterfront YN: No
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 1092
Above Grd Total SqFt: 1092
Below Grd Total SqFt: 522
Total SqFt: 1614
Total Finished Sqft: 1411.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1092
Power Company: Xcel Energy
Garage Stalls: Yes
Lot Dimensions: 110x146x110x151
Acres: 0.38
Assessment Pending: No
# Carport Spaces: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Hardwood Floors; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer; Wine Cooler Basement: Concrete Block Bath Description: Main Floor Full Bath; 3/4 Basement Construction Materials: Block Construction Status: Previously Owned Electric: 200+ Amp Service; Circuit Breakers Existing Financing: Conventional Exterior: Cement Board Fencing: Full; Invisible Fireplace Characteristics: Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Laundry Room; Washer Hookup Lock Box Type: Combo Lot Description: Tree Coverage - Light Parking Characteristics: Garage Door Opener; Tuckunder Garage Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date: 2026-07-01
Contingency: None
Original List Price: 445000
ListPrice: 445000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 16421
Street Name: Norwood
Street Suffix: Lane
Postal City: Minnetonka
County: Hennepin
State: MN
Zip Code: 55345
Complex/Dev/Subdivision: Woodland Hills 3rd Add

Assessments

Tax With Assessments: 5076.7
Assessment Balance: 0
Assessment Installment: 0

Basement

Foundation Dimensions: 26x42
Concrete Block: Yes

More Information

Building Information

Finished SqFt Above Ground: 1092
Finished SqFt Below Ground: 319

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 12x25
Garage Door Height: 6
Garage Door Width: 9
Garage Square Feet: 300
Garage Door Opener: Yes
Tuckunder Garage: Yes

Public Survey Info

Range#: 22
Section#: 29
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 005 BLOCK 001 WOODLAND HILLS 3RD ADDN
Listing City: Minnetonka
Map Page: 118
Municipality: Minnetonka
School District: Minnetonka
School District Phone: 952-401-5000
Zip Plus 4: 4441
Property ID Number: 2911722410085
Tax Year: 2026
Tax Amount: 5076.7
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome home – this well maintained, 3- bedroom home features a functional layout with a large living room, fireplace and plenty of natural light throughout the home. Adjacent to the living room is an updated eat-in kitchen with new quartzite counter tops, natural wood cabinetry and stainless-steel appliances. The lower level is an added bonus with a large, updated family room, a second fireplace, ¾ bath, utility/laundry room with access to an oversized single car garage. All located in the highly sought after Minnetonka School District. After a long day, retreat in your private yard with an amazing patio, large firepit and .38-acre lot, great for entertaining friends and family. Just a short walk or bike ride to the Purgatory Park trails system and close to everything Minnetonka has to offer.
Directions: Hwy 7 to Woodland Road South, to Holiday Road West, to Norwood Lane.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Hardwood Floors: Yes
Washer/Dryer Hookup: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Wine Cooler: Yes

Bath Description

Main Floor Full Bath: Yes
3/4 Basement: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Existing Financing

Conventional: Yes

Exterior

Cement Board: Yes

Fencing

Full: Yes
Invisible: Yes

Fireplace Characteristics

Wood Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Electric Dryer Hookup: Yes
Laundry Room: Yes
Washer Hookup: Yes

Lock Box Type

Combo: Yes

Lot Description

Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Patio: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Family Room	29x11	Lower
First (1st) Bedroom	10x13	Main
Kitchen	8x17.6	Main
Laundry	29x7	Lower
Living Room	12x22	Main
Second (2nd) Bedroom	10x13	Main
Third (3rd) Bedroom	10x10	Main

Listing Office: Coldwell Banker Realty

Last Updated: July - 01 - 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.