$489,900
 $2,630 est/mo Sourced by Back At You

5423 Butternut Circle,Minnetonka, MN 55343

Minnetonka, MN 55343

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Description

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.

Details

MLS #7119408
Listing TypeFor Sale
StyleHouse
HOA Dues$560
Sub-TypeResale
StatusActive
Year1990
Days On Site59
Listing Provided ByColdwell Banker Realty - Southwest Regional | John D Schuster

Features

Bed(s)3
Bath(s) 4 Total
SQ Feet3,042
Garage2
BasementY
Story(s)2
ZoningResidential-Single Family
Acreage0.07

Interior

CoolingCentral Air
HeatingForced Air
AppliancesDishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Exterior

RoofAge 8 Years or Less, Asphalt
Lot FeaturesTree Coverage - Medium

Parking

Parking FeaturesAttached Garage, Asphalt, Garage Door Opener, Insulated Garage

Taxes

Property6466

Area Information

StateMN
CountyHennepin
CityMinnetonka
Zip Code55343
Community NameLake Forest
School District270
High SchoolHopkins
Listing VS Median (in Lake Forest)
Price:
$489,900
low | high
Med:
$469,450
54.174321290059% of Average
sqft:
3,042
low | high
Med:
3,409
37.935568704799% of Average
$ / sqft:
$161
low | high
Med:
$140
63.082173030816% of Average
On site:
59
low | high
Med:
78.5
75.15923566879% of Average
Sourced by Back At You

Market Activity 55343

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 2, 2026 at 8:47:48 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyHennepin
CityMinnetonka
Zip Code55343
Community NameLake Forest
School District270
High SchoolHopkins
Listing VS Median (in Lake Forest)
Price:
$489,900
low | high
Med:
$469,450
54.174321290059% of Average
sqft:
3,042
low | high
Med:
3,409
37.935568704799% of Average
$ / sqft:
$161
low | high
Med:
$140
63.082173030816% of Average
On site:
59
low | high
Med:
78.5
75.15923566879% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $367K - $612K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
5428 Rowland Park Road Property Photo 1
$459,900
5428 Rowland Park Road
Minnetonka, MN 55343
Listing Updated: September 29, 2026 at 5:34:04 AM PDT
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