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Image 1 - 5742 Shady Oak Road, Minnetonka, MN 55343, USA - House for sale
Image 2 - 5742 Shady Oak Road, Minnetonka, MN 55343, USA - House for sale
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Image 9 - 5742 Shady Oak Road, Minnetonka, MN 55343, USA - House for sale
Home For Sale In Minnetonka, Minnesota
5742 Shady Oak Road, Minnetonka, MN 55343, USA

Home For Sale In Minnetonka, Minnesota

house for sale
Listed: 03/29/24

5742 Shady Oak Road, Minnetonka, MN 55343, USA

2 Bed:
2 Bath:
2,317 Sq Ft Living Area:
Save
Price
$ 749,900

About This House

Spectacular Brand New Minnetonka Condo/Townhome Hybrid! A private 2 car garage and no common walls seperates this well-designed condo style from all others. The semi-private elevator serves just 4 residences. No long hallways and a generous sized flex room for storage, excercise room, woodworking , etc. for the ultimate maint. free lifestyle. Walkable to restuarants, shops and the popular Lone Lake Park featuring 8 pickle ball courts, tennis courts and extensive walking trails. This fantastic location provides quick access to 169, Crosstown 62 and 494 making drive time to downtown, the airport etc as convienient as it gets. Seller will buy down the rate on a7-1 ARMto 5.75% (rate on3.20.24) Rates vary daily. Also, Seller with contibute 36 months of the current HOA monthlly reserve funding amount to Buyers HOA account at closing, saving $309 per month in HOA fees for 3 years! Photos/Tour are from similar units.

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Minnetonka Housing & Living

Household Income

Median household income: $86,672
Number of households: 23,044
The average household income in Minnetonka, MN grew from $83,496 to $86,672 in the past year. This data is an estimate based upon 23,044 households in Minnetonka, MN.
The chart below presents how household income is distributed in Minnetonka, MN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Minnetonka, MN compared to median property taxes around the country. The prevalent amount of property taxes in Minnetonka, MN equals $3k+ , which is more than the national average.