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$499,900

  • 3 beds
  • 4 baths
  • 3,535 sqft

16509 Lake Street Extension, Minnetonka, MN 55345

For sale Est. —/mo

  • House · Single Family
  • Built in 1984
  • 0.42 acres lot
  • $141/sqft
  • 4-car garage

Overview

7 days on market MLS # 7160170

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, 2 kitchens, and a finished lower level with 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 vision and personal touches, this home presents an exciting opportunity to update, customize, and make it your own. A truly unique architectural gem with endless possibilities

Facts & features

Interior

  • Bedrooms: 3
  • Bathrooms: 4 (1 full, 2 three-quarter, 1 half)
  • Finished sqft: 3,535
  • Above grade sqft: 2,674
  • Below grade sqft: 861
  • Basement: Finished
  • Heating: Forced Air
  • Cooling: Central Air
  • Fireplaces: 1 (Wood Burning)

Property

  • Parking: Attached Garage, Detached Garage, Asphalt
  • Garage spaces: 4
  • Lot size: 0.42 acres
  • Lot dimensions: 110x50
  • Lot features: Irregular Lot
  • Exterior features: Cedar
  • Fencing: None
  • Pool: None
  • Other structures: Gazebo

Construction

  • Home type: House (Single Family)
  • Levels: Three Level Split
  • Year built: 1984
  • Exterior: Block, Frame
  • Roof: Age Over 8 Years

Utilities

  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Community & HOA

  • Subdivision: Shaker Heights

Taxes & location

  • Annual taxes: $6,029 (2026)
  • County: Hennepin
  • School district: Minnetonka

Listing

  • Status: For sale
  • Listed: Oct 14, 2026
  • Days on market: 7
  • MLS #: 7160170

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of National Realty Guild

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated October 21, 2026.