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3515 Lilac Ln, Minnetonka, MN, 55345

$1,200,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
4,663 SqFt
$257/SqFt
House

Location

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3515 Lilac Ln, Minnetonka$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt
Attached Garage3 spaces
Year Built2014
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas
MLS #6611221
StatusActive

About 3515 Lilac Ln

This newer custom built home is conveniently located near shopping, trails, and the lake. Situated on a large, professionally landscaped lot, it offers the perfect retreat for family and friends to relax and enjoy one another. The open concept main floor has plenty of room to spread out. The kitchen has tons of storage and a large center island where folks can gather. The Trex deck provides an additional outdoor space to relax and read a book. The main floor office makes working from home a treat. The upper level boasts 4 large bedrooms including a well appointed primary suite with luxurious bath along with nearby laundry. The lower level has a wonderful wet bar and an additional bedroom and 3/4 bathroom. Located in the award winning Minnetonka school district, this house is the ideal place to call home.

Property Details

Property Features

Property Information:

  • Year Built: 2014
  • Living Area: 4,663 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt

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: Take Minnetonka Blvd west off of Rt 494. Take left onto 101 south. First left onto Manor Rd. Take second right onto Lilac Ln. House on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $257/SqFt

Tax Information:

  • Annual Amount: $12,811
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$496.7K

Med. Price/SqFt

$216

Avg. Days On Market

28

# of Sold Homes

63

3515 Lilac Ln vs Minnetonka

34 DAYS ON ROCKET

+6 Days

$1,200,000

+$703.2K More

$257/SqFt

+$41 More

KEY TAKEAWAY

This property is $703.2K more than the Median Sold Price and $41/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: #6611221

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

Listing History

Mar 03, 2014Home Sold
$289,900

Tax History

YEARPROP. TAXASSESSMENT
2020$12,811$862,600
2019$13,378$862,600
2018$13,428$862,600
2017$12,184$784,700

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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-2026460
10
/10
  • Groveland Elementary

  • 17310 Minnetonka Blvd

  • 0.19 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2026461
9
/10
  • Minnetonka Middle School East

  • 17000 Lake Street Ext

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-2026462
10
/10
  • Minnetonka High School

  • 18301 Highway 7

  • 2.15 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,392. The majority of Minnetonka, MN residents have income between $100k-200k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3515 Lilac Ln

What is the listing price of this property?

The listing price of 3515 Lilac Ln property is $1,200,000.

What type of property is this?

The property 3515 Lilac Ln is a house located in Minnetonka, Minnesota, 55345.

Is this property for sale now?

Active Listing: 3515 Lilac Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3515 Lilac Ln 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 $12,811 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 3, 2014 for $289,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3515 Lilac Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 3515 Lilac Ln is 4,663 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3515 Lilac Ln is 2014.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55345›3515 Lilac Ln

This home is located at 3515 Lilac Ln in Minnetonka, MN and zip code 55345. This 4,663 square foot home was built in 2014. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,200,000.

Minnetonka, MN housing market in October 2024 saw over 17 listings sold above listed price, more than 15 sold at listed price and over 31 sold below. Between September 2024 and October 2024, Minnetonka, MN real estate market has seen increase in the number of listings by 11.3%. 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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