Listed at
$499,900
$141/sqft

Shaker Heights

16509 Lake Street Extension, Minnetonka, MN, 55345
3  Bedrooms4  Bathrooms3,535  Square Feet0.42  Acres
Days on market0
Year built1984
Garage spaces4
TypeResidential
Est. $11,997buyer credit when you buy with SODL
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About this home

Rare opportunity to own a truly one-of-a-kind custom-built home in a highly desirable Minnetonka location! Nestled on a beautifully wooded lot surrounded by mature trees, this unique property offers privacy, character, and over 3,500 square feet of finished living space. The main residence features 2 bedrooms, 3 bathrooms, a finished lower level, and a cozy wood-burning fireplace. What truly sets this property apart is the separate carriage house, complete with its own bedroom, bathroom, kitchen, and garage space, offering incredible flexibility for guests, extended family, or a private retreat. With 4 total garage spaces, there's plenty of room for vehicles, storage, and hobbies. Enjoy the peaceful, wooded setting while being just minutes from Lake Minnetonka, parks, trails, shopping, dining, and convenient highway access. Located within the highly regarded Minnetonka School District, this property combines a fantastic location with exceptional potential. Ready for a new owner's vision and personal touches, this home presents an exciting opportunity to update, customize, and make it your own. A truly unique property with endless possibilities!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1984
LevelsThree Level Split
Living area3,535 sqft
Above-grade finished2,674 sqft
Below-grade finished861 sqft
Lot size0.42 acres (110x50)
Days on market0
ListedOct 14, 2026
MLS #NST7160170
CountyHennepin
SubdivisionShaker Heights
Parcel #2011722420038

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Bath breakdown
1 full / 2 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Basement
Finished · 861 sqft finished

Property

Levels / stories
Three Level Split
Garage
4 spaces · 24x20 · 480 sqft
Parking features
Attached Garage, Detached Garage, Asphalt
Exterior features
Cedar
Pool
None
Fencing
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block, Frame
Foundation
Block · 987 sqft
Roof
Age Over 8 Years
Year built
1984

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric, Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Shaker Heights
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$6,029 (2026)
Listed
Oct 14, 2026
Days on market
0
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths1
3/4 baths2
Half baths1
1/4 baths0
BasementFinished
HeatingForced Air
CoolingCentral Air
Fireplaces1
AmenitiesPorch, Tile Floors
AccessibilityNone

Exterior & lot

ExteriorCedar
RoofAge Over 8 Years
FoundationBlock
Foundation area987 sqft
Lot featuresIrregular Lot
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric, Natural Gas

Parking & garage

ParkingAttached Garage, Detached Garage, Asphalt
Garage spaces4
Garage size480 sqft

Financial details

Annual taxes$6,029
Tax year2026
Taxes w/ assessments6029
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$11,997Estimated buyer credit
SODL platform fee $3,000Your buyer credit $11,997

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

$3,296/mo
Principal & interest$2,627
Property taxes$502
Home insurance (est.)$167
%
$99,980
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

16509 Lake Street Extension, Minnetonka, MN, 55345

Listing information

MLS #NST7160170
StatusActive
Last updatedOct 15, 2026, 1:26 AM
Originally listedOct 14, 2026, 3:43 PM
Listing officeNational Realty Guild

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.