Sold / Closed
$475,000

Sold price · Closed Aug 28, 2026

$217/sqft

Thorpe Bros Groveland Shores

16520 Minnetonka Boulevard, Minnetonka, MN, 55345
3  Bedrooms2  Bathrooms2,186  Square Feet0.46  Acres
Days on market8
Year built1992
Garage spaces2
TypeResidential
Est. $11,250buyer credit when you buy with SODL

About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1992
LevelsSplit Entry (Bi-Level)
Living area2,186 sqft
Above-grade finished1,147 sqft
Below-grade finished1,039 sqft
Lot size0.46 acres (200x100)
Days on market8
ListedJul 16, 2026
MLS #NST7110737
CountyHennepin
SubdivisionThorpe Bros Groveland Shores
Parcel #1711722130087

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
Split Entry (Bi-Level)
Garage
2 spaces · 528 sqft
Parking features
Attached Garage
Patio & porch
Deck
Exterior features
Aluminum Siding
Fencing
Full

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,100 sqft
Roof
Age 8 Years or Less
Year built
1992

Utilities

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

Community & HOA

Subdivision
Thorpe Bros Groveland Shores
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$5,766 (2025)
Listed
Jul 16, 2026
Days on market
8
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementFinished, Full, Storage Space, Walkout
HeatingForced Air
CoolingCentral Air
LaundryIn Basement, Lower Level, Laundry Room
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningLiving/Dining Room
AccessibilityOther

Exterior & lot

ExteriorAluminum Siding
RoofAge 8 Years or Less
FoundationBlock
Foundation area1,100 sqft
Patio/porchDeck
Lot featuresTree Coverage - Medium
Road frontageCurbs, Paved Streets, Sidewalks
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces2
Garage size528 sqft

Financial details

Annual taxes$5,766
Tax year2025
Taxes w/ assessments5766
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$11,250Estimated buyer credit
SODL platform fee $3,000Your buyer credit $11,250

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

$3,135/mo
Principal & interest$2,496
Property taxes$481
Home insurance (est.)$158
%
$95,000
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

16520 Minnetonka Boulevard, Minnetonka, MN, 55345

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Listing information

MLS #NST7110737
StatusClosed
Last updatedAug 30, 2026, 10:05 PM
Originally listedJul 17, 2026, 12:00 AM
Listing officeCompass
Co-listing officeCompass

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.