Sold / Closed
$750,000

Sold price · Closed Sep 10, 2026

$268/sqft

Fairhomes

18200 Fairhomes Lane, Deephaven, MN, 55391
4  Bedrooms2  Bathrooms2,611  Square Feet0.42  Acres
Days on market1
Year built1952
Garage spaces2
TypeResidential
Est. $17,970buyer credit when you buy with SODL

About this home

Set on a picturesque .42-acre lot surrounded by mature trees, established perennial gardens and a spacious, level backyard, this inviting walkout rambler offers comfortable living inside and out. Step into a sun-filled main level where oak hardwood floors and an abundance of south-facing windows create a warm, welcoming feel. At the heart of the home, the updated kitchen showcases crisp white cabinetry, quartz countertops, a center island, stainless steel appliances, gas range and excellent storage. The adjoining living room is filled with natural light, while the breezeway connecting the home and garage provides a versatile bonus space ideal as a screened porch or relaxing seasonal retreat. Three bedrooms are conveniently located on the main floor, including a generous primary with two closets, along with a full bath featuring dual sinks. Downstairs, the walkout lower level is made for gathering, with charming pine plank floors, an expansive family room, and wood-burning fireplace. A spacious fourth bedroom with built-ins and nearby 3/4 bath creates a welcoming setup for guests. There’s no shortage of storage, plus a laundry area with utility sink and a unique bomb shelter. Thoughtful updates include a newer furnace and A/C, April Aire humidifier, reverse osmosis system, radon mitigation and a 5-year-old water heater. An invisible fence is already in place for pets. Best of all, Thorpe Park is just a short walk away, with the LRT trail nearby and Deephaven Beach and Lake Minnetonka access less than a mile away.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1952
LevelsOne
Living area2,611 sqft
Above-grade finished1,405 sqft
Below-grade finished1,206 sqft
Lot size0.42 acres (158x110x155x139)
Days on market1
ListedAug 13, 2026
MLS #NST7124720
CountyHennepin
SubdivisionFairhomes
Parcel #1811722430026

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
2 spaces · 24x20 · 480 sqft
Parking features
Attached Garage, Asphalt, Garage Door Opener
Patio & porch
Enclosed, Glass Enclosed, Patio, Porch, Screened, Side Porch
Exterior features
Stone, Shakes
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block, Concrete, Frame
Foundation
Block · 1,405 sqft
Roof
Age Over 8 Years, Pitched
Year built
1952

Utilities

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

Community & HOA

Subdivision
Fairhomes
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$7,178 (2026)
Listed
Aug 13, 2026
Days on market
1
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementDaylight/Lookout Windows, Finished, Full, Storage Space, Tile Shower, Walkout
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement, Electric Dryer Hookup, Lower Level, Sink, Washer Hookup
AppliancesDishwasher, Disposal, Dryer, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
DiningInformal Dining Room
AmenitiesCable, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Patio, Paneled Doors, Porch, Tile Floors, Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorStone, Shakes
RoofAge Over 8 Years, Pitched
FoundationBlock
Foundation area1,405 sqft
Patio/porchEnclosed, Glass Enclosed, Patio, Porch, Screened, Side Porch
Lot featuresTree Coverage - Medium
Road frontageCity Street, No Outlet/Dead End, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceWell
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener
Garage spaces2
Garage size480 sqft

Financial details

Annual taxes$7,178
Tax year2026
Taxes w/ assessments7178
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$17,970Estimated buyer credit
SODL platform fee $3,000Your buyer credit $17,970

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

$4,505/mo
Principal & interest$3,674
Property taxes$598
Home insurance (est.)$233
%
$139,800
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

18200 Fairhomes Lane, Deephaven, MN, 55391

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Listing information

MLS #NST7124720
StatusClosed
Last updatedSep 11, 2026, 3:55 PM
Originally listedAug 15, 2026, 12:00 AM
Listing officeColdwell Banker Realty

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.