5423 Butternut Circle
Minnetonka, MN, 55343 $ 489,900
Bedrooms3 Baths3.1 Sq 3,042 Monthly Estimate*
$ 3,384
for $489,900 with 3 bedrooms and 3 full baths, 1 half bath. This 3,042 square foot townhouse was built in 1990 on a lot size of 0.07.
Thoughtfully updated and meticulously maintained, this exceptional 3 bedroom, 4 bathroom townhome offers an exceptional blend of space, privacy, and convenience in the heart of Minnetonka. Backing to mature trees and nature, the home lives like a private retreat, with bike trails, multiple commuting options, and walking paths leading to Shady Oak Lake, the beach, and park just a short walk from your front door. A dramatic two story foyer and grand staircase welcome you inside, opening to expansive living spaces filled with natural light. The spacious kitchen offers abundant cabinetry, generous counter space, and effortless flow into the dining area, incredible sunroom, and adjoining deck, making everyday living and entertaining a breeze. The inviting living room is anchored by oversized windows that bring the outdoors in and offers direct access to the deck. Upstairs, the expansive owner's suite feels like a luxury retreat, complete with a cozy fireplace, private balcony perched among the treetops, a spacious ensuite bath, and walk in closet. Skip the blinds and wake up to peaceful views of nature every morning. A generously sized second bedroom and full bath complete the upper level. The finished lower level is another standout, featuring a spacious family room with large windows that fill the space with natural light, a third bedroom with flexibility for a home office, exercise room, or guest suite, plus an additional bathroom. Recent improvements include a brand new roof, siding replaced approximately seven years ago, updates to the deck, replaced garage doors, updated lighting, and new carpet throughout the main and upper levels. Additional highlights include main floor laundry, an oversized two car garage, abundant storage, and exceptional pride of ownership throughout. Enjoy low maintenance townhome living without sacrificing space, privacy, or your connection to nature.
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FeaturesGeneralLiving Area 3042
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less Asphalt
Appliances Dishwasher Disposal Dryer Humidifier Microwave Range Refrigerator Washer Water Softener Owned
HOA Fee 560
Garage Spaces 2
Association Fee Includes Building Exterior Hazard Insurance Lawn Care Maintenance Grounds Professional Mgmt Sanitation Snow Removal
Pool Features None
Year Built 1990
Levels Two
Property Subtype (TH) Side x Side
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction N
Property Type Residential
Association Amenities In-Ground Sprinkler System
HOA Y
Contingency None
Subdivision Name Lake Forest
Full Baths 2
Directions Rowland Rd to Jorissen Rd to Butternut Circle.
City Minnetonka
Association Name Cities Management
High School District Hopkins
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 6466.28
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/d2960c0e-c57e-4cc3-b389-285e484a5e66?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Pending
Lender Owned No
Amenities Unit Balcony Ceiling Fan(s) Deck Primary Bedroom Walk-In Closet Natural Woodwork Paneled Doors Porch Skylight In-Ground Sprinkler Sun Room Tile Floors Vaulted Ceiling(s) Washer/Dryer Hookup Walk-In Closet
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InteriorBasement Daylight/Lookout Windows Drain Tiled Egress Window(s) Finished Full Sump Pump
Total Fireplaces 2
Fireplace Features Living Room Primary Bedroom
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 2178
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features Laundry Room Main Level Sink
Total Bedrooms 3
Below Grade Finished Area 864
Total Baths 4
Bath Desc 3/4 Basement Basement Full Primary Main Floor 1/2 Bath Separate Tub & Shower Upper Level Full Bath
Dining Room Description Eat In Kitchen Informal Dining Room Living/Dining Room
Fuel Natural Gas
Garage Dimensions 24x22
Garage Door Width 7
Garage Square Feet 484
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ExteriorFencing None
Parking Features Attached Garage Asphalt Garage Door Opener Insulated Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.07
Building Area Total 3210
Lot Dimensions 80x36
Waterfront Y/N N
Foundation Area 1032
Road Frontage Type Paved Streets Private Road
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* Excluded FeaturesList ByColdwell Banker Realty - Southwest RegionalBroker
jdschuster@cbburnet.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,384
- Monthly Property Taxes
- $539
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTownhouse listings in Minnetonka, MN
Average List Price $393,873
Percent of Sale Price 20%
About Minnetonka, MN 54,440 Population
6% Since 2002
$ 86,771 Median Income
46.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
708341 Elementary School
708817 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/5/2026 | $489,900 | | Listed Price |