16509 Lake Street Extension, Minnetonka, MN 55345 (MLS# 7160170)

16509 Lake Street Extension, Minnetonka, MN 55345

New Listing
$499,900
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,606 Lot Size (sq. ft.): 18,295 Status: Active
Current Price: $499,900 List Date: 10/14/2026 Last Modified: 10/15/2026

Overview

Description

Rare opportunity to own a truly one-of-a-kind custom-built home in a highly desirable Minnetonka location! Nestled on a beautifully wooded lot surrounded by mature trees, this unique property offers privacy, character, and over 3,500 square feet of finished living space. The main residence features 2 bedrooms, 3 bathrooms, a finished lower level, and a cozy wood-burning fireplace. What truly sets this property apart is the separate carriage house, complete with its own bedroom, bathroom, kitchen, and garage space, offering incredible flexibility for guests, extended family, or a private retreat. With 4 total garage spaces, there's plenty of room for vehicles, storage, and hobbies. Enjoy the peaceful, wooded setting while being just minutes from Lake Minnetonka, parks, trails, shopping, dining, and convenient highway access. Located within the highly regarded Minnetonka School District, this property combines a fantastic location with exceptional potential. Ready for a new owner's visio ...

Listing Details MLS# 7160170

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront YN
No
Year Built
1984
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
1004
Above Grd Total SqFt
3745
Below Grd Total SqFt
861
Total SqFt
4606
Total Finished Sqft
3535.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
987
Garage Stalls
4
Lot Dimensions
110x50
Acres
0.42
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Porch; Tile Floors Construction Materials: Block; Frame Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Cedar Family Room Characteristics: 2 or More Fencing: None Fireplace Characteristics: Wood Burning Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Lock Box Type: Combo Lot Description: Irregular Lot Outbuildings: Gazebo Pool Description: None Road Frontage: City Street Roof: Age Over 8 Years Second Unit: Existing In-Law w/Bath; Existing In-Law w/Kitchen Sewer: City Sewer/Connected Stories: Three Level Split Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
499900
ListPrice
499900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
16509
Street Name
Lake Street
Street Suffix
Extension
Postal City
Minnetonka
County
Hennepin
State
MN
Zip Code
55345
Complex/Dev/Subdivision
Shaker Heights

Assessments

Tax With Assessments
6029

Building Information

Finished SqFt Above Ground
2674
Finished SqFt Below Ground
861

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24x20
Garage Square Feet
480

Public Survey Info

Range#
22
Section#
20
Township#
117
IDX
Listing Office: National Realty Guild
Last Updated: October - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products