5423 Butternut Circle Minnetonka, MN $ 489,900
5423 Butternut Circle
$ 489,900
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5423 Butternut Circle

Minnetonka, MN, 55343
$ 489,900
Bedrooms3 Baths3.1 Sq 3,042

Monthly Estimate*

$ 3,384

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Townhouse for sale in Minnetonka, MN

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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Townhouse Pending

Price

$ 489,900

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Townhouse

Taxes

$ 6,466

Style

(TH) Side x Side

Lot Size

0.07

Year Built

1990

Town/City

Minnetonka

County/Region

Hennepin

MLS | Web ID

7119408

Features
General
Living 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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Interior
Basement 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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Exterior
Fencing 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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Internal Only
Street Number 1 5423
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* Excluded Features
List By
Coldwell Banker Realty - Southwest Regional

Broker

jdschuster@cbburnet.com

Email

Affordability Calculator

$3,922
Per Month
86%
14%
0%
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.
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Nearby
708341 Elementary School
708817 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$489,900 Listed Price

Map


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5423 Butternut Circle, Minnetonka, MN, 55343 is a Townhouse for sale at $489,900 with 3,042 sqft and a lot size of 0.07. 5423 Butternut Circle has 3 bedrooms, 3.1 baths, and was built in 1990. The property's zip code is 55343 which is in Minnetonka, MN