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  • $544,900

    5479 Butternut Cir, Minnetonka, MN 55343

    3beds
    3,545sqft
    Townhouse Side x Side
    Built in 1990
    4,356 Square Feet Lot
    $275,900 Zestimate®
    $154/sqft
    $3,561 Estimated rent

    Home value

    $275,900

    $251,000 - $301,000

    $3,561/mo

    Zestimate® history
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    What's special

    Welcome to the coveted Lake Forest community in highly sought-after Minnetonka, where a rare opportunity awaits. This exceptional property offers a serene escape overlooking Nine Mile Creek and is ideally situated near biking and walking trails as well as Shady Oak Lake. As you step through the foyer, you will at once be captivated by the expansive great room, where vaulted ceilings and skylights flood the space with natural light. The inviting wood-burning fireplace adds a cozy touch, making it the perfect spot for entertaining guests or relaxing with family. The all-white kitchen, featuring a central island and informal dining area, seamlessly connects to a delightful 3-season porch. Here, you can unwind while taking in tranquil views of nature. The main level also includes a versatile den or bedroom that can easily be transformed back into a primary suite if desired. This flexibility offers the perfect balance of comfort and functionality. On the upper level you will discover a sprawling owner’s suite, complete with a dedicated sitting area. This retreat boasts a private bath and a generous walk-in closet. The lower level is equally impressive, featuring a large family room, a third bedroom, and an added bathroom, along with ample storage options. Set within the exclusive Lake Forest development, which encompasses eight acres and includes only thirty-seven homes, this residence promises a unique blend of community and privacy. Do not miss your chance to make this exceptional property your new home.

    Zillow last checked: 8 hours ago

    Listing updated: October 28, 2025 at 11:50pm

    Listed by:

    Michael J Lynch 612-619-8227,

    Lakes Sotheby's International Realty

    Bought with:

    Kevin L Andvik

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6601230MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Bedroom 2
    • Level: Upper
    • Area: 364 Square Feet
    • Dimensions: 26x14
    Bedroom 3
    • Level: Lower
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Family room
    • Level: Lower
    • Area: 391 Square Feet
    • Dimensions: 23x17
    Kitchen
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Living room
    • Level: Main
    • Area: 629 Square Feet
    • Dimensions: 37x17
    Office
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Screened porch
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Drain Tiled,Finished,Full,Sump Pump,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Gas, Wood Burning
    Interior area
    • Total structure area: 3,545
    • Total interior livable area: 3,545 sqft
    • Finished area above ground: 2,105
    • Finished area below ground: 1,180

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Asphalt
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    • Details: Garage Dimensions (21x21)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    • Waterfront features: Creek/Stream, Waterfront Num(S9990328)
    • Body of water: Ninemile Creek - South Fork
    Lot
    • Size: 4,356 sqft
    • Dimensions: 52 x 80
    Details
    • Foundation area: 1440
    • Parcel number: 3511722220042
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse Side x Side
    • Attached to another structure: Yes
    Materials
    • Brick/Stone, Wood Siding
    • Roof: Shake
    Condition
    • Age of Property: 35
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minnetonka
    • Subdivision: Lake Forest

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $505 monthly
    • Services included: Maintenance Structure, Lawn Care, Maintenance Grounds, Snow Removal
    • Association name: Cities Management
    • Association phone: 612-381-8600

    Price history

    DateEventPrice
    10/28/2024Sold$544,900-0.9%$154/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6601230
    9/23/2024Pending sale$549,900$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6601230
    9/12/2024Listed for sale$549,900+30.6%$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6601230
    7/5/2002Sold$421,000+71.8%$119/sqft
    Source: Public Record
    8/20/1996Sold$245,000$69/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$6,583 +12.6%$503,200 -5.1%
    2024$5,847 -0.4%$530,200 +7.1%
    2023$5,870 +2.8%$495,200 -1.4%

    Find assessor info on the county website

    Neighborhood: 55343

    Nearby schools

    GreatSchools rating
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    $275,900
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    $281,418