16520 Minnetonka Boulevard, Minnetonka, MN 55345

New Listing
$475,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,186 Lot Size (sq. ft.): 20,038 Status: Active
Current Price: $475,000 List Date: 7/17/2026 Last Modified: 7/18/2026

Overview

Description

Situated in a highly sought-after pocket of Minnetonka, this 1992-built home connects neighborhood living with excellent area and amenity access. The interior features vaulted ceilings that bring an open feel to the main living space, an open concept kitchen and dining area, fresh new interior paint throughout the upper level, 3 bedrooms, 2 bathrooms, and a functional layout that includes a walkout basement. One of the standout features is the flat half-acre lot with irrigation. The walkout basement opens directly to the large backyard—a rare find for the area that provides plenty of space for hosting barbecues, yard games, or just enjoying the outdoors. The home also features a brand-new roof! Great walkability within the community with new streets and sidewalks. You can stroll down to Libbs Beach for a day on Lake Minnetonka, walk to Groveland Elementary or nearby parks including Gro Tonka and Elmwood Strand Park, and enjoy easy access to Life Time Fitness, Lakewinds, Caribou and ...

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Listing Details MLS# 7110737

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1992
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1147
Above Grd Total SqFt
1147
Below Grd Total SqFt
1039
Total SqFt
2186
Total Finished Sqft
2186.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
1100
Garage Stalls
2
Lot Dimensions
200x100
Acres
0.46
Assessment Pending
No
Number of Fireplaces
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Other Air Conditioning: Central Air Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Basement: Full; Storage Space Construction Status: Previously Owned Dining Room Description: Living/Dining Room Exterior: Aluminum Siding Family Room Characteristics: Lower Level Fencing: Full Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement; Laundry Room; Lower Level Lock Box Type: Combo Lot Description: Tree Coverage - Medium Road Frontage: Curbs; Paved Streets; Sidewalks Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional Rehab; FHA; VA Sewer: City Sewer/Connected Stories: Bi-Level Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
475000
ListPrice
475000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
16520
Street Name
Minnetonka
Street Suffix
Boulevard
Postal City
Minnetonka
County
Hennepin
State
MN
Zip Code
55345
Complex/Dev/Subdivision
Thorpe Bros Groveland Shores

Assessments

Tax With Assessments
5766
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1147
Finished SqFt Below Ground
1039

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
528

Public Survey Info

Range#
22
Section#
17
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
BLOCK 017 THORPE BROS GROVELAND SHORES LOTS 9 AND 10
Listing City
Minnetonka
Map Page
118
Municipality
Minnetonka
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
1201
Property ID Number
1711722130087
Tax Year
2025
Tax Amount
5766
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Situated in a highly sought-after pocket of Minnetonka, this 1992-built home connects neighborhood living with excellent area and amenity access. The interior features vaulted ceilings that bring an open feel to the main living space, an open concept kitchen and dining area, fresh new interior paint throughout the upper level, 3 bedrooms, 2 bathrooms, and a functional layout that includes a walkout basement. One of the standout features is the flat half-acre lot with irrigation. The walkout basement opens directly to the large backyard—a rare find for the area that provides plenty of space for hosting barbecues, yard games, or just enjoying the outdoors. The home also features a brand-new roof! Great walkability within the community with new streets and sidewalks. You can stroll down to Libbs Beach for a day on Lake Minnetonka, walk to Groveland Elementary or nearby parks including Gro Tonka and Elmwood Strand Park, and enjoy easy access to Life Time Fitness, Lakewinds, Caribou and more. When the weekend arrives, you can leave the car behind and walk over to Spasso for dinner. Plus, with the Grays Bay public boat launch just 2 miles away, getting out on the lake is highly convenient. This property offers award winning Minnetonka Schools, solid 1992 construction, and an unparalleled location.
Directions
Interstate 494 to Minnetonka Blvd West to home

Accessible

Other
Yes

Air Conditioning

Central Air
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Full
Yes
Storage Space
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Living/Dining Room
Yes

Exterior

Aluminum Siding
Yes

Family Room Characteristics

Lower Level
Yes

Fencing

Full
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Basement
Yes
Laundry Room
Yes
Lower Level
Yes

Lock Box Type

Combo
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Deck
Yes

Road Frontage

Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional Rehab
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Bi-Level
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Dining Room 10x11 Main
First (1st) Bedroom 16x13 Main
Kitchen 11x12 Main
Laundry 14x12 Lower
Living Room 21x13 Main
Recreation Room 27x24 Lower
Second (2nd) Bedroom 11x11 Main
Third (3rd) Bedroom 15x13 Lower
IDX
Listing Office: Compass
Last Updated: July - 18 - 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.