18508 Ridgewood Road
Minnetonka, MN, 55391 $ 1,995,000
Bedrooms6 Baths5.1 Sq 6,493 Monthly Estimate*
$ 13,779
for $1,995,000 with 6 bedrooms and 5 full baths, 1 half bath. This 6,493 square foot home was built in 1957 on a lot size of 0.99.
A remarkable retreat in the heart of the Wayzata/Lake Minnetonka area, 18508 Ridgewood Road offers nearly an acre of beautifully landscaped grounds, exceptional living flexibility and resort-inspired outdoor amenities. Fully reimagined in 2016 and offering approximately 6,500 finished square feet, six bedrooms and six baths, the home provides generous spaces for both everyday living and entertaining. Inside, the home's impressive scale is balanced by warm architectural character and thoughtfully designed gathering spaces. The open main level is anchored by a dramatic two-story great room with reclaimed-wood ceiling beams anchored by a gas fireplace, while the chef's kitchen features custom cabinetry, a generous center island, walk-in pantry and a top-tier appliance package. A main-level primary suite with two walk-in closets provides a private retreat, while the finished walkout lower level adds substantial space for entertaining, recreation and everyday living. The upper level adds another dimension of flexibility with a distinctive private upper-level suite complete with a second kitchen and living spaces offering exceptional flexibility for guests, extended stays, a home office, or additional private living quarters. The re-imagined backyard is a true highlight, with an in-ground salt water pool, hot tub, and sauna all surrounded by mature trees, extensive landscaping and multiple outdoor gathering spaces. Expansive decks and patios, stone retaining walls, winding paths, a fire-pit terrace and curated gardens create a private, park-like setting designed to be enjoyed throughout the seasons. Craftsman-inspired details, stone accents and a welcoming covered front porch add to the home's impressive presence. All of this is conveniently positioned near the dining, shopping, lakefront and amenities that define the Wayzata and Lake Minnetonka lifestyle.
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FeaturesGeneralLiving Area 6493
Sewer City Sewer/Connected
Heating Forced Air Hot Water
Cooling Central Air
Roof Age 8 Years or Less
Appliances Air-To-Air Exchanger Cooktop Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Freezer Humidifier Gas Water Heater Microwave Range Refrigerator Wall Oven Washer Water Softener Owned
HOA Fee 0
Garage Spaces 3
Pool Features Below Ground Heated Outdoor
Year Built 1957
Electric Circuit Breakers 200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Auditors Sub 299
Full Baths 4
Directions Hwy 7 to 101 north to Ridgewood rd west on Ridgewood to home on right 4th house past Sparrow rd
City Minnetonka
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 24809
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Natural Woodwork Porch In-Ground Sprinkler Sun Room Washer/Dryer Hookup Walk-In Closet
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InteriorBasement Egress Window(s) Finished Full Walkout
Total Fireplaces 2
Fireplace Features Family Room Gas Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 4759
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 6
Below Grade Finished Area 1734
Total Baths 6
Bath Desc 3/4 Basement Bathroom Ensuite Private Primary Main Floor Full Bath Separate Tub & Shower Upper Level Full Bath Walk-In Shower Stall
Dining Room Description Breakfast Area Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 734
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ExteriorFencing None
Parking Features Attached Garage Asphalt Electric Vehicle Charging Station(s) Garage Door Opener Heated Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.99
Building Area Total 7295
Lot Dimensions 111x432x95x431
Waterfront Y/N N
Foundation Area 2536
Road Frontage Type City Street
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* Excluded FeaturesList Byryan.ecklund@teampemberton.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,779
- Monthly Property Taxes
- $2,067
- 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 NearbySingle family listings in Minnetonka, MN
Average List Price $754,535
Percent of Sale Price 62%
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.
708531 Elementary School
708355 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/7/2026 | $1,995,000 | -5.00% | Price Down |
| 9/18/2026 | $2,100,000 | | Listed Price |