About This Home

This 3-bedroom, 4-bathroom single family at 16509 Lake Street Extension in Minnetonka, MN is listed for $499,900 ($141 per sqft). Built in 1984, the home offers 3,535 sqft of living space on a 0.42 acres lot.

Key Features

  • Built in 1984
  • 0.42 acre lot
  • Fireplace

Property Details

1 full, 1 half
4-car garage
1984

Amenities

FireplaceA/C
Listing 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, 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

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

16509 Lake Street Extension

Minnetonka, MN 55345

Shaker Heights

Property Details

Construction

Block Frame

Parking

Garage - DetachedGarage - AttachedDriveway

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 3-bedroom, 4-bathroom single family at 16509 Lake Street Extension is listed at $499,900 ($141/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 0.42 acre lot, Fireplace.

This property is listed by Hank Tobler.

HT

Hank Tobler

Agent at National Realty Guild

Listed by National Realty Guild · Broker phone: (651) 494-4000 · View on Broker Site · Broker website

MLS# 7160170· Source: Northstar MLS· 17 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16509 Lake Street Extension, Minnetonka, MN 55345

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