Sold / Closed
$520,000

Sold price · Closed Aug 14, 2026

$180/sqft

Tonkawood Farms

15432 Highwood Drive, Minnetonka, MN, 55345
4  Bedrooms3  Bathrooms3,201  Square Feet1.48  Acres
Days on market32
Year built1981
Garage spaces3
TypeResidential
Est. $14,250buyer credit when you buy with SODL

About this home

Looking for “good bones,” some work ahead and a whole lot of potential? This Minnetonka property sits on nearly 1.5 wooded acres in Minnetonka Schools. Surrounded by mature trees and wildlife, the long driveway feels more like arriving at the cabin than a suburban home. Perched on a hill, the home features a screened front porch for meals, lounging, hobbies or whatever you dream up. Out back, the kitchen deck overlooks the woods. Inside are four upper-level bedrooms, a large kitchen, main-level laundry, newer roof, three-stall garage and a 1990s addition that expanded the living space. This is more than a cosmetic refresh. It’s a substantial renovation opportunity and a blank slate to create something entirely your own. The undergrowth has been cleared to walk the lot, the home emptied and professionally cleaned, and a pre-list inspection is available to help buyers evaluate the project. Bring your contractor, your ideas and maybe a little imagination. It’s priced to make the opportunity possible.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1981
LevelsTwo
Living area3,201 sqft
Above-grade finished2,952 sqft
Below-grade finished249 sqft
Lot size1.48 acres (250x262)
Days on market32
ListedJun 29, 2026
MLS #NST7027429
CountyHennepin
SubdivisionTonkawood Farms
Parcel #2111722340037

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
1 full / 1 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned

Property

Levels / stories
Two
Garage
3 spaces · 22x38 · 700 sqft
Parking features
Attached Garage, Garage Door Opener
Patio & porch
Composite Decking, Deck, Enclosed, Front Porch, Screened
Exterior features
Fiber Board
Lot size
1.48 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,075 sqft
Roof
Age 8 Years or Less, Architectural Shingle, Asphalt
Year built
1981

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Tonkawood Farms
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$10,604.14 (2026)
Listed
Jun 29, 2026
Days on market
32
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementDrain Tiled, Full, Partially Finished, Sump Pump
HeatingForced Air
CoolingCentral Air
Fireplaces2
LaundryGas Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
AppliancesDishwasher, Disposal, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
AmenitiesCeiling Fan(s), Deck, Kitchen Window, Primary Bedroom Walk-In Closet, Porch, Washer/Dryer Hookup
AccessibilityNone
Special features4 BR on One Level, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorFiber Board
RoofAge 8 Years or Less, Architectural Shingle, Asphalt
FoundationBlock
Foundation area1,075 sqft
Patio/porchComposite Decking, Deck, Enclosed, Front Porch, Screened
Lot featuresTree Coverage - Heavy
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Garage Door Opener
Garage spaces3
Garage size700 sqft

Financial details

Annual taxes$10,604.14
Tax year2026
Taxes w/ assessments10604.14
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$14,250Estimated buyer credit
SODL platform fee $3,000Your buyer credit $14,250

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,097/mo
Principal & interest$3,022
Property taxes$884
Home insurance (est.)$192
%
$115,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

15432 Highwood Drive, Minnetonka, MN, 55345

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Listing information

MLS #NST7027429
StatusClosed
Last updatedAug 17, 2026, 3:15 PM
Originally listedJul 2, 2026, 12:00 AM
Listing officeKeller Williams Premier Realty Lake Minnetonka

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.