Listed at
$525,000
$187/sqft

Orchard Terrace

4159 Terrace Lane, Minnetonka, MN, 55305
4  Bedrooms3  Bathrooms2,811  Square Feet0.48  Acres
Days on market626
Year built1966
Garage spaces2
TypeResidential
Est. $12,750buyer credit when you buy with SODL
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About this home

Welcome Home to Terrace ln! The large foyer welcomes you and allows for more than a couple guests to enter at once. Gleaming wood floors grace the main level, as well as the many windows allowing natural light in. A well appointed and updated kitchen has natural wood and offers a view out the back to watch the kids and pets. There is a coffee chat area just off the kitchen with sliders that view out to the spacious half acre fenced back yard. Also, a formal dining room for dining with family or entertaining, Up one level offers you 3 bedrooms and a full bath. The Main bedroom offers a bath for your privacy. The Family room is just wonderful, with a wood burning fireplace, door to backyard and a wall of windows for your viewing pleasure. Laundry is currently in the family room. The lower level provides you with an entertainment room or a hobby room or a ???? room, whatever suits your fancy. Currently there is an office and bedroom here. A great storage area also. SO much room in this home for everyone to have their own private areas. Conveniently located just off Hwy 7, but far enough away that you don’t hear traffic.

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1966
LevelsFour or More Level Split
Living area2,811 sqft
Above-grade finished1,468 sqft
Below-grade finished1,343 sqft
Lot size0.48 acres (100 x 194 x 140 x 152)
Days on market626
ListedJan 10, 2025
MLS #NST6645135
CountyHennepin
SubdivisionOrchard Terrace
Parcel #2311722230028

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
1 full / 2 half
Heating
Forced Air
Cooling
Central Air
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
Four or More Level Split
Garage
2 spaces · 720 sqft
Parking features
Attached Garage, Gravel, Guest Parking
Pool
None
Fencing
Full, Wood
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Brick Veneer, Stucco
Foundation
1,415 sqft
Roof
Age Over 8 Years, Asphalt, Pitched
Year built
1966

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Electric
Circuit Breakers, 150 Amp Service

Community & HOA

Subdivision
Orchard Terrace
HOA
No HOA
School district
Hopkins

Financial & listing details

Annual tax
$5,727 (2025)
Tax with assessments
5727.0000
Listed
Jan 10, 2025
Days on market
626 · 6 cumulative

Interior details

Total bathrooms3
Full baths1
3/4 baths0
Half baths2
1/4 baths0
BasementBlock, Daylight/Lookout Windows, Egress Window(s), Finished, Full
HeatingForced Air
CoolingCentral Air
Fireplaces1
AppliancesCooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
AccessibilityNone

Exterior & lot

RoofAge Over 8 Years, Asphalt, Pitched
Foundation area1,415 sqft
Lot featuresTree Coverage - Medium
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingAttached Garage, Gravel, Guest Parking
Garage spaces2
Garage size720 sqft

Financial details

Annual taxes$5,727
Tax year2025
Taxes w/ assessments5727.0000
Assessment pendingUnknown
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number270
District phone952-988-4000
High schoolHopkins
SODL flat fee brokerage
$12,750Estimated buyer credit
SODL platform fee $3,000Your buyer credit $12,750

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

$3,411/mo
Principal & interest$2,759
Property taxes$477
Home insurance (est.)$175
%
$105,000
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

4159 Terrace Lane, Minnetonka, MN, 55305

Listing information

MLS #NST6645135
StatusActive
Last updatedJan 16, 2025, 5:31 PM
Originally listedJan 10, 2025, 5:50 PM
Listing officeRE/MAX Advantage Plus

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.