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Active
  • Price cut: $10K (4/18)
    $289,000

    5400 Sanibel Dr, Minnetonka, MN 55343

    2beds
    1,282sqft
    : 
    (TH) Side x Side
    Built in 1981
    1,742.4 Square Feet Lot
    $287,400 Zestimate®
    $225/sqft
    $250/mo HOA

    What's special

    Loft-style bedroomsAbundant natural lightWalkthrough bath
    Convenient and well-maintained two-level end-unit townhome offering an airy, open feel with vaulted ceilings and abundant natural light. Features include a spacious living room with fireplace, loft-style bedrooms, and a large primary suite with private deck access and walkthrough bath. Enjoy easy indoor-outdoor living with a walkout from the main-level living room to a private patio overlooking expansive green space—ideal for relaxing, gardening, entertaining, or pets. Recent updates include a stackable washer and dryer (2025), electric stove (Oct 2022), lower-level flooring (Feb 2021), and new furnace and A/C (May 2023). Located near walking trails, parks, restaurants, shopping, schools, major highways, Shady Oak Lake Beach, and future light rail access—this home offers comfort, flexibility, and convenience in a highly desirable setting.
    11 days
    |
    943
    |
    66
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shaun A Gray 651-283-7335,

    LakeLine Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7044209MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 320 Square Feet
      • Dimensions: 20x16
      Bedroom 2
      • Level: Upper
      • Area: 204 Square Feet
      • Dimensions: 17x12
      Kitchen
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Living room
      • Level: Main
      • Area: 315 Square Feet
      • Dimensions: 21x15
      Heating
      • Forced Air, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      • Laundry: Laundry Closet, Upper Level
      Features
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,282
      • Total interior livable area: 1,282 sqft
      • Finished area above ground: 1,282
      • Finished area below ground: 0
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      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Asphalt
      • Attached garage spaces: 2
      • Details: Garage Dimensions (20x9x5x11x15x20), Garage Door Height (7), Garage Door Width (16)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: None
      Lot
      • Size: 1,742.4 Square Feet
      • Dimensions: 28 x 55 x 28 x 55
      • Features: Corner Lot
      Details
      • Foundation area: 716
      • Parcel number: 3511722110259
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: (TH) Side x Side
      • Attached to another structure: Yes
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Electric: 100 Amp Service
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Beachside Two
      HOA
      • Has HOA: Yes
      • Services included: Lawn Care, Professional Mgmt, Sanitation, Snow Removal
      • HOA fee: $250 monthly
      • HOA name: Gassen Company Association Mgmt
      • HOA phone: 952-922-5575
      Location
      • Region: Minnetonka

      Financial & listing details

      • Price per square foot: $225/sqft
      • Tax assessed value: $281,700
      • Annual tax amount: $3,390
      • Date on market: 4/7/2026
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        Estimated market value

        $287,400

        $273,000 - $302,000

        $2,131/mo

        Price history

        DateEventPrice
        4/18/2026Price change$289,000-3.3%$225/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7044209 Report a problem
        4/7/2026Listed for sale$299,000+71.9%$233/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7044209 Report a problem
        9/17/2003Sold$173,900+26.9%$136/sqft
        Source: Public Record Report a problem
        1/17/2001Sold$137,000+12.8%$107/sqft
        Source: Public Record Report a problem
        11/19/1998Sold$121,500$95/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,026 +2.9%$281,700 +5.6%
        2024$2,940 +1.4%$266,700 +2.1%
        2023$2,901 +8.3%$261,100 +0.2%
        2022$2,679 +13.1%$260,500 +14.1%
        2021$2,367 +1.1%$228,300 +10.1%
        2020$2,343 -1%$207,400 +5.7%
        2019$2,367 +1.1%$196,200 +2.1%
        2018$2,343 +12.9%$192,200 +15%
        2017$2,075 +2.7%$167,100 +6.1%
        2016$2,020 +4.4%$157,500 +4.6%
        2015$1,934 +3.4%$150,600 +11.2%
        2014$1,871 +3.6%$135,400 -6.9%
        2013$1,807 -1%$145,400 -2.9%
        2012$1,824 -5.7%$149,800 -8%
        2011$1,935 +10.6%$162,800
        2010$1,750 +4.1%$162,800 -3%
        2009$1,681 -11.4%$167,800 -6.7%
        2006$1,897 +17.5%$179,800 +15%
        2005$1,614 +1.4%$156,400 +7.9%
        2004$1,592 +3.3%$145,000 +6.5%
        2002$1,541 -27.5%$136,200
        2001$2,126 --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,930/mo
        Principal & interest
        $1398
        Property taxes
        $282
        HOA Fees
        $250
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          Climate risks

          Neighborhood: 55343

          Getting around

          41 / 100
          Car-Dependent
          26 / 100
          Some Transit
          47 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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