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 $5,652 (2025).

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 3 days.

Pending

$499,900

$254/sqft

Bennett Woods

3551 Lilac Lane, Minnetonka, MN, 55345

2 Bedrooms3 Bathrooms1,967 Square Feet0.42 Acres

Days on market3

Year built1979

Garage spaces2

TypeResidential

Est. $11,997buyer credit when you buy with SODL

About this home

***MULTIPLE OFFERS RECEIVED. Highest and best due Sunday, 3/1 at 6PM.*** Welcome to 3551 Lilac Lane! This beautifully updated home offers easy one-level living in a prime Minnetonka location. Groveland Elementary is within walking distance, and you’re just steps from Lakewinds Co-Op, restaurants, coffee shops, banking, and Lifetime Fitness — making everyday living incredibly convenient. Set on an almost half-acre corner lot surrounded by mature trees, the home features updated hardwood floors, stylish lighting, new high-end Pella windows throughout, and vaulted ceilings with wood beams that add warmth and architectural character. The open-concept kitchen, dining, and living areas are filled with natural light and designed to be ideal for entertaining while still feeling comfortable and functional for everyday family life. Cambria quartz countertops, a new smart dishwasher (2026), skylight, and two sliding doors leading to the spacious deck and backyard firepit complete the space. The main floor includes a primary bedroom with a ¾ bath and convenient main level laundry. The finished lower level with an additional ¾ bath offers flexible space for guests, an office, workout area, or playroom. A brand-new roof (2025) adds peace of mind, and boat storage attached to the garage is a rare bonus — all less than a mile from Gray’s Bay on Lake Minnetonka. A move-in ready home in the award-winning Minnetonka School District with space, updates, and an unbeatable location just waiting for you!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1979

LevelsOne

Living area1,967 sqft

Above-grade finished1,466 sqft

Below-grade finished501 sqft

Lot size0.42 acres (14'x107'x126'x170'x132')

Days on market3

ListedFeb 24, 2026

MLS #NST7022908

CountyHennepin

SubdivisionBennett Woods

Parcel #1711722330024

Facts & features

Interior

Bedrooms: 2
Bathrooms: 3
Bath breakdown: 1 full / 2 3/4
Heating: Forced Air
Cooling: Central Air
Appliances: Cooktop, Dryer, Exhaust Fan, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Property

Levels / stories: One
Garage: 2 spaces · 21x23 · 491 sqft
Parking features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage
Patio & porch: Deck
Fencing: Chain Link, Full, Wood
Lot size: 0.42 acres

Construction

Property type: Residential
Property subtype: Single Family Residence
Foundation: 732 sqft
Roof: Age 8 Years or Less
Year built: 1979

Utilities

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

Community & HOA

Subdivision: Bennett Woods
HOA: No HOA
School district: Minnetonka

Financial & listing details

Annual tax: $5,652 (2025)
Listed: Feb 24, 2026
Days on market: 3
Manufactured home: Yes

Interior details

Total bathrooms3

Full baths1

3/4 baths2

Half baths0

1/4 baths0

BasementFinished, Storage Space

HeatingForced Air

CoolingCentral Air

Fireplaces1

LaundryLaundry Room, Main Level, Sink

AppliancesCooktop, Dryer, Exhaust Fan, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

DiningInformal Dining Room

AmenitiesDeck, Kitchen Window, Main Floor Primary Bedroom, Skylight, Vaulted Ceiling(s)

AccessibilityNone

Special featuresMain Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

RoofAge 8 Years or Less

Foundation area732 sqft

Patio/porchDeck

Lot featuresCorner Lot, Tree Coverage - Medium

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage

Garage spaces2

Garage size491 sqft

Financial details

Annual taxes$5,652

Tax year2025

Taxes w/ assessments5652

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1246

District phone9524015000

High schoolMinnetonka

SODL flat fee brokerage

$11,997Estimated buyer credit

SODL platform fee $3,000Your buyer credit $11,997

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

$3,265/mo

Principal & interest$2,627

Property taxes$471

Home insurance (est.)$167

Down payment

$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.