Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $4,621 (2025).

What school district is this property in?

This property is in the 276 - Minnetonka school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 2 days.

Sold / Closed

$565,500

Sold price · Closed Jul 1, 2026

$260/sqft

Woodland Hills 3rd Add

16408 Norwood Lane, Minnetonka, MN, 55345

4 Bedrooms2 Bathrooms2,114 Square Feet0.36 Acres

Days on market2

Year built1962

Garage spaces2

TypeResidential

Est. $13,500buyer credit when you buy with SODL

About this home

Welcome to 16408 Norwood Lane, nestled in the heart of Minnetonka. This beautifully maintained 4-bedroom, 2-bath home sits on a spacious, private lot with a fully fenced backyard, perfect for relaxing, entertaining, gardening, or play. Step inside to find an updated kitchen that seamlessly connects to the informal dining area, offering easy access to the backyard for effortless indoor-outdoor living. The home balances style and function throughout. Enjoy cozy evenings by one of two fireplaces, or soak in natural light year-round from the inviting sunroom. Located within the highly acclaimed Minnetonka School District, this home also offers access to top-tier education and a strong sense of community. With its thoughtful layout, generous space, and warm, welcoming feel, this home is ready for its next chapter. Don’t miss the opportunity to make it yours.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1962

LevelsTwo

Living area2,114 sqft

Above-grade finished1,661 sqft

Below-grade finished453 sqft

Lot size0.36 acres (100x139)

Days on market2

ListedMay 8, 2026

MLS #NST7065647

CountyHennepin

SubdivisionWoodland Hills 3rd Add

Parcel #2911722420002

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories: Two
Garage: 2 spaces · 23x19 · 464 sqft
Parking features: Attached Garage
Patio & porch: Patio
Exterior features: Wood
Fencing: Full, Wood

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 955 sqft
Year built: 1962

Utilities

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

Community & HOA

Subdivision: Woodland Hills 3rd Add
HOA: No HOA
School district: 276 - Minnetonka
High school district: Minnetonka

Financial & listing details

Annual tax: $4,621 (2025)
Listed: May 8, 2026
Days on market: 2
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementFinished

HeatingForced Air

CoolingCentral Air

Fireplaces2

LaundryIn Basement, Laundry Room

AppliancesDishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer

DiningEat In Kitchen, Informal Dining Room, Kitchen/Dining Room

AmenitiesCeiling Fan(s), Hardwood Floors, Kitchen Window, Patio

AccessibilityNone

Special features3 BR on One Level

Exterior & lot

ExteriorWood

FoundationBlock

Foundation area955 sqft

Patio/porchPatio

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage

Garage spaces2

Garage size464 sqft

Financial details

Annual taxes$4,621

Tax year2025

Taxes w/ assessments4621

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District276 - Minnetonka

District number276

District phone9524015000

High schoolMinnetonka

SODL flat fee brokerage

$13,500Estimated buyer credit

SODL platform fee $3,000Your buyer credit $13,500

Buyer-side commission

3.0%

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

$3,459/mo

Principal & interest$2,890

Property taxes$385

Home insurance (est.)$183

Down payment

$110,000

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.