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 $6,022 (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 2 days.

Pending

$500,000

$153/sqft

Black Oaks 3rd Add

5942 Fairwood Lane, Minnetonka, MN, 55345

4 Bedrooms3 Bathrooms3,261 Square Feet0.52 Acres

Days on market2

Year built1972

Garage spaces2

TypeResidential

Est. $12,000buyer credit when you buy with SODL

About this home

Outstanding opportunity to secure your forever home in the fabulous, North-woodsy Black Oaks neighborhood. This 4-BR-Up 2-story walkout features a main floor family room with hardwood floors, striking woodwork and a Chicago-brick fireplace. The family room opens up to a sprawling sunroom addition with hardwood floors, vaulted ceiling and three walls of glass overlooking a stunning private wooded 1/2-acre lot. Solid and clean, with newer furnace ('24) and AC ('21), freshly painted exterior ('25), front sidewalk ('23), stainless steel appliances including a Sub-Z refrigerator, Kinetico water softener ('25), water heater ('20), and more. Ready and waiting for you to bring your aesthetic and make it your own!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1972

LevelsTwo

Living area3,261 sqft

Above-grade finished2,248 sqft

Below-grade finished1,013 sqft

Lot size0.52 acres (140x201x70x225)

Days on market2

ListedFeb 26, 2026

MLS #NST7009373

CountyHennepin

SubdivisionBlack Oaks 3rd Add

Parcel #3311722320026

Facts & features

Interior

Bedrooms: 4
Bathrooms: 3
Bath breakdown: 1 full / 1 3/4 / 1 half
Heating: Baseboard, Forced Air
Cooling: Central Air
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories: Two
Garage: 2 spaces · 21x20 · 421 sqft
Parking features: Attached Garage, Asphalt, Electric, Garage Door Opener
Patio & porch: Deck, Front Porch
Pool: None
Fencing: Other

Construction

Property type: Residential
Property subtype: Single Family Residence
Foundation: 1,118 sqft
Roof: Shake
Year built: 1972

Utilities

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

Community & HOA

Subdivision: Black Oaks 3rd Add
HOA: No HOA
School district: Hopkins

Financial & listing details

Annual tax: $6,022 (2025)
Listed: Feb 26, 2026
Days on market: 2
Manufactured home: Yes

Interior details

Total bathrooms3

Full baths1

3/4 baths1

Half baths1

1/4 baths0

BasementBlock, Daylight/Lookout Windows, Finished, Full, Walkout

HeatingBaseboard, Forced Air

CoolingCentral Air

Fireplaces2

LaundryLaundry Room, Main Level, Sink

AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

DiningBreakfast Area, Separate/Formal Dining Room

AmenitiesCable, Ceiling Fan(s), Deck, French Doors, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Porch, Skylight, Sun Room, Tile Floors, Vaulted Ceiling(s)

AccessibilityNone

Special features4 BR on One Level, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

RoofShake

Foundation area1,118 sqft

Patio/porchDeck, Front Porch

Lot featuresTree Coverage - Heavy

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningOther

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelElectric, Natural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Electric, Garage Door Opener

Garage spaces2

Garage size421 sqft

Financial details

Annual taxes$6,022

Tax year2025

Taxes w/ assessments6022

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1218

District phone9529884000

High schoolHopkins

SODL flat fee brokerage

$12,000Estimated buyer credit

SODL platform fee $3,000Your buyer credit $12,000

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

$3,296/mo

Principal & interest$2,628

Property taxes$502

Home insurance (est.)$167

Down payment

$100,000

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.