new - 4 days on rocket

16120 Highwood Dr, Minnetonka, MN, 55345

$824,000

Home List Price

$9,785*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,803 SqFt
$217/SqFt
House

Location

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16120 Highwood Dr, Minnetonka$824,000

Buyer Closing Credits

$9,785*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage2 spaces
Year Built1965
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room, Wood Burning
MLS #6623027
StatusActive

About 16120 Highwood Dr

Discover the lifestyle you’ve been dreaming of in this beautifully renovated 5-bedroom, 5-bathroom home in the sought-after Minnetonka School District! Thoughtfully designed with a blend of modern elegance and timeless character, this two-story gem offers an expansive main floor of over 1,800 sq ft. Step into bright, spacious living areas, including two family rooms, a formal dining room, and a cozy three-season porch—ideal for entertaining or unwinding. The open-concept kitchen is a chef’s delight, featuring a gas range, stainless steel appliances, ample storage, and a charming breakfast nook. Plus, there’s a dedicated wine bar and pantry for all your culinary needs. The upper level boasts four generous bedrooms, including a luxurious primary suite with two large closets and a spa-like, 5-piece bath. Downstairs, you’ll find a versatile rec room, additional flex spaces, a second office or guest area, and abundant storage. Thoughtful details abound, with brand-new window treatments, a fully fenced yard perfect for pets, new landscaping with lush evergreen and deciduous trees, and a new water softener. Perfectly located near parks, trails, shopping, and dining, with easy access to highways and just 2 miles from Groveland Elementary. This move-in-ready home is truly one-of-a-kind!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 3,803 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Water Filtration System, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Minnetonka High School, Public District Grades 9-12
  • Minnetonka Middle School East, Public District Grades 6-8
  • Groveland Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Hwy 7 to Tonkawood Rd to Highwood Drive to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $824,000
  • Price Per SqFt: $217/SqFt

Tax Information:

  • Annual Amount: $5,396
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minnetonka, MN.

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Minnetonka, MN

City

Med. Sold Price

$496.7K

Med. Price/SqFt

$216

Avg. Days On Market

28

# of Sold Homes

63

16120 Highwood Dr vs Minnetonka

4 DAYS ON ROCKET

-24 Days

$824,000

+$327.2K More

$217/SqFt

+$1 More

KEY TAKEAWAY

This property is $327.2K more than the Median Sold Price and $1/SqFt more than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6623027

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/5/2024, 9:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,396$393,800
2019$5,595$389,168
2018$5,466$378,268
2017$5,305$364,970

History based on county public records data.

Payment Calculator

$4,180

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,537

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2056371
10
/10

  • Groveland Elementary

  • 17310 Minnetonka Blvd

  • 1.62 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2056372
9
/10

  • Minnetonka Middle School East

  • 17000 Lake Street Ext

  • 0.72 miles

  • Public District Grades 6-8

High School

school-card-donut-2056373
10
/10

  • Minnetonka High School

  • 18301 Highway 7

  • 1.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,722. The most common annual income of people living in Minnetonka, MN is between $100k-200k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16120 Highwood Dr

What is the listing price of this property?

The listing price of 16120 Highwood Dr property is $824,000.

What type of property is this?

The property 16120 Highwood Dr is a house located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 16120 Highwood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16120 Highwood Dr are:
Groveland Elementary: GreatSchools Rating 10/10
Minnetonka Middle School East: GreatSchools Rating 9/10
Minnetonka High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,396 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16120 Highwood Dr has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 16120 Highwood Dr is 3,803 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16120 Highwood Dr is 1965.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55345›16120 Highwood Dr

This home is located at 16120 Highwood Dr in Minnetonka, MN and zip code 55345 in the Somerset Knolls neighborhood. This 3,803 square foot home was built in 1965. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $824,000.

In October 2024, from all listings sold in Minnetonka, MN there were more than 17 sold above asking price, over 31 sold below and more than 15 were sold right at the asked price. The number of listings in Minnetonka, MN increased by 11.3% between September 2024 and October 2024. In October 2024 median list price was $496,725 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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