Quick Minnetonka MN MLS Search

Browse All Minnetonka MN Between $400K - $500K Properties for Sale

$400,000
2 Beds 1 Baths 7130782 MLS
Welcome to 5073 Holiday Road, a charming 2 bedroom, 1 bathroom home tucked into a quiet Minnetonka neighborhood with an incredible .35 acre yard! Step inside to find beautiful hardwood floors throughout and a comfortable, inviting layout that feels like home from the moment you walk in. With a new roof in Fall of 2024, some of the big-ticket work has already been taken care of. There’s also exciting potential to make this home fit your needs even further, with space to create a third bedroom and an additional bathroom if desired. Whether you need another bedroom, guest space, home office, or simply want the opportunity to add value over time, the possibilities are here. Outside, this property really shines. The huge yard offers plenty of room to play, garden, entertain, or simply enjoy having space to spread out. Gather around the firepit on summer nights, host backyard get-togethers, or create the outdoor space you’ve always wanted. An extra deep garage provides additional room for vehicles, storage, tools, toys, or a workshop area. Located in a peaceful neighborhood while still close to everything Minnetonka has to offer, you’ll enjoy convenient access to nearby parks, walking and biking trails, Lake Minnetonka, shopping, dining, and major roadways for an easy commute throughout the western suburbs. Whether you’re looking for your first home, hoping to downsize, or searching for a property with room to grow and make your own, 5073 Holiday Road offers a fantastic combination of character, outdoor space, location, and future potential. Come see what makes this Minnetonka home so special!

5073 Holiday Road, Minnetonka

Listing courtesy of eXp Realty.

$485,000
4 Beds 2 Baths 7025424 MLS
Picture perfect living! Quiet culdesac with private backyard on 0.6 acres. Updated and upgraded one-story with finished walkout lower level. Massive attached garage was built in 2005 with lots of natural light and a floor drain, and has square footage to fit three cars, being about 30’ wide x 24’ deep. Open concept floor plan with large windows keep the home bright! Three bedrooms on the main level and one down. Beautiful kitchen and bathrooms! Both bathrooms are full bathrooms, and one of them is connected to a bedroom. 8-foot wide patio door walks out to large deck. Some of the many recent updates include: kitchen floors / quartz counters / sink / faucet, roof & water heater in 2021, garage door weatherstripping, radon mitigation system, washer & dryer, interior & exterior paint, and more! New furnace & air conditioner in 2018. Attic was reinsulated in 2005. Tons of closets, storage, and shelves. Appreciate having the gas range, tile backsplash, cabinets that go up to the ceiling, real hardwood floors, vinyl windows, atrium & bay windows, crown molding, knockdown ceilings, solid wood paneled doors, wet bar, water softener, wired for future hot tub, covered entry, and established trees. Stamped & colored concrete patio + firepit area. Aluminum soffits, fascia, and gutters. Only three owners, you can be the fourth! Pride of ownership shines! Move right in! Convenient and in demand location near Shady Oak Beach, downtown Hopkins, Light Rail, restaurants, shops, paths, trails, parks, and everyday conveniences!

12516 Dominick Circle, Minnetonka

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$415,000
7124508 MLS
Welcome to Highwood Haven, a charming original cabin with bedroom addition, nestled on a generous 0.69-acre lot in one of Minnetonka's most coveted neighborhoods. Surrounded by towering trees and natural wildlife, this private retreat offers a rare combination of tranquility and convenience within the Minnetonka School District. The home features three bedrooms and two bathrooms across approximately 1,586 square feet of living space. When passing thru the front foyer, you’ll enter the heart of the home and be greeted by the original stone fireplace, adjacent is the beautiful wooden beam ceilings great room addition, that create an atmosphere of warmth and character. Passing thru the galley kitchen you’ll either head down to the unfinished basement or up to the two-story bedroom addition, providing welcomed extra space. Stepping out from the kitchen, you’ll experience an exceptional outdoor living with the oversized deck, on side of the home, ideal for entertaining or simply enjoying the peaceful surroundings of trees and natural wildlife. A detached two-car garage out front, provides ample parking and storage, and the unfinished walk-out basement presents a blank canvas for future potential of a family room or potential two additional bedroom spaces. What truly sets this property apart is the large buildable lot, which opens the door to exciting possibilities. Whether you envision a thoughtful renovation that preserves the cabin's original charm, character and recently replaced roof in 2022 or a complete tear-down, to create your dream home from the ground up, this lot - land offers remarkable flexibility. The location is equally compelling, situated approximately one mile from Highway 494 with convenient access to Highway 7. McKenzie Park is nearby for outdoor recreation, and Lunds and Byerlys provides easy grocery shopping. Did I mention Minnetonka Schools?!? Schedule your private showing tomorrow to explore everything Highwood Haven has to offer.

TBD Highwood Drive, Minnetonka

Listing courtesy of MetroHomesMarket.com.

$415,000
3 Beds 2 Baths 7124587 MLS
Welcome to Highwood Haven, a charming original cabin with bedroom addition, nestled on a generous 0.69-acre lot in one of Minnetonka's most coveted neighborhoods. Surrounded by towering trees and natural wildlife, this private retreat offers a rare combination of tranquility and convenience within the Minnetonka School District. The home features three bedrooms and two bathrooms across approximately 1,586 square feet of living space. When passing thru the front foyer, you’ll enter the heart of the home and be greeted by the original stone fireplace, adjacent is the beautiful wooden beam ceilings great room addition, that create an atmosphere of warmth and character. Passing thru the galley kitchen you’ll either head down to the unfinished basement or up to the two-story bedroom addition, providing welcomed extra space. Stepping out from the kitchen, you’ll experience an exceptional outdoor living with the oversized deck, on side of the home, ideal for entertaining or simply enjoying the peaceful surroundings of trees and natural wildlife. A detached two-car garage out front, provides ample parking and storage, and the unfinished walk-out basement presents a blank canvas for future potential of a family room or potential two additional bedroom spaces. What truly sets this property apart is the large buildable lot, which opens the door to exciting possibilities. Whether you envision a thoughtful renovation that preserves the cabin's original charm, character and recently replaced roof in 2022 or a complete tear-down, to create your dream home from the ground up, this lot - land offers remarkable flexibility. The location is equally compelling, situated approximately one mile from Highway 494 with convenient access to Highway 7. McKenzie Park is nearby for outdoor recreation, and Lunds and Byerlys provides easy grocery shopping. Did I mention Minnetonka Schools?!? Schedule your private showing tomorrow to explore everything Highwood Haven has to offer.

15320 Highwood Drive, Minnetonka

Listing courtesy of MetroHomesMarket.com.

$475,000
4 Beds 3 Baths 7125172 MLS
**Seller is offering a $3,000 Closing Cost Credit (or Rate Buydown) and free appraisals through a preferred lender. The promotion is available for eligible loans locked by October 23, 2026.** Built in 1982, 4311 Williston is newer than roughly ninety percent of what comes to market in this pocket of Minnetonka, where the median home dates to 1960. That gap shows up in the places buyers eventually look: the systems, the windows, the insulation, and a floor plan drawn for how people actually live now. Step through the front door into a welcoming foyer. The vaulted living room ceiling opens overhead, crossed with exposed stained beams, above wide plank flooring and abundant afternoon light. A full wall of windows frames the trees outside. It is a room built around warmth and proportion, and it sets the tone for everything that follows. The kitchen has high-end appliances and sits open to the dining room. French doors open into the home's quiet surprise: a genuinely private four-season porch wrapped in knotty pine, with windows on three sides. Radiant heated flooring underfoot and a cast-iron stove in the corner turn a Minnesota January into something worth watching from a chair. It is where mornings stay slow and evenings run long, and it is a full additional living space that a square-footage comparison will never describe for you. Four bedrooms and three baths. Three bedrooms sit together on the upper level and share a full bath, with the primary adding a private half bath of its own. The lower level is finished with a comfortable family room, a fourth bedroom, and a second full bath, flexible enough to serve as family room, gym, or play space. Two wood-burning stoves offer ambience and take the edge off winter heating costs. There is plenty of free firewood to be found. The backyard is fully fenced and screened by mature evergreens and hardwoods. It is private in a way that open acreage rarely is, with room to add a patio, a garden, or whatever you have in mind. An attached two-car garage and a wide paved drive with turnaround handle the everyday logistics. The location does the rest. This property is uniquely positioned to allow access to two school districts. Hopkins 270 or Minnetonka School District 276. Highway 7 and I-494 are minutes out, with the western suburbs and downtown Minneapolis easily within reach. A longer list of nearby conveniences is included in the supplements. Newer than nearly everything around it. Four true bedrooms. A four-season porch that earns the name. And a private yard most established neighborhoods can no longer offer.

4311 Williston Road, Minnetonka

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$450,000
3 Beds 2 Baths 7119095 MLS
Nestled within an intimate 17 unit community on a quiet private drive, this lovingly maintained townhome reflects years of exceptional stewardship and careful investment. Vaulted ceilings, skylights, and newly installed hardwood floors create a bright, airy living space, while the mature trees surrounding the community provide a peaceful backdrop that feels tucked away yet remains just minutes from everything you need. The beautifully updated kitchen showcases rich granite countertops, stainless steel appliances, and a stylish tile backsplash, flowing seamlessly into the dining and living areas. Just beyond, an expansive maintenance free Trex deck offers the perfect extension of the home with plenty of space for grilling, outdoor dining, or simply enjoying a quiet evening. The versatile floor plan includes three bedrooms, with the upper level loft bedroom offering the flexibility to serve as an airy home office overlooking the dramatic vaulted living area. The primary suite features a beautifully appointed walkthrough bath with double marble vanities, a jetted soaking tub, and a separate walk in shower with a frameless glass enclosure. The lower level provides a generous family room, a second bathroom with a shower, and a dedicated laundry room with a utility sink. Every improvement has been made with long term ownership in mind. Since 2018, the current owner has invested extensively in the home, including new hardwood flooring, updated lower level flooring, maintenance-free Trex decking, upgraded insulation, removal of popcorn ceilings, a new electrical panel, water softener, updated kitchen appliances, a new garage door system, and numerous additional mechanical and cosmetic improvements. The result is a home that inspires confidence from the moment you walk through the door. Residents enjoy a professionally managed, dog friendly association with no special assessments currently planned. The well-funded association demonstrates the same commitment to long term care, with freshly painted exteriors and a resurfaced private drive completed in 2025. Conveniently located near Highways 62, 169, and 494, this home provides quick access throughout the west metro, Minneapolis St. Paul International Airport, and many of the Twin Cities' premier shopping, dining, and entertainment destinations, including Ridgedale Center, Eden Prairie Center, and Mall of America. Closer to home, you'll enjoy Lone Lake Community Park and Preserve, Bryant Lake Regional Park, Shady Oak Beach, the Minnesota River Bluffs Regional Trail, and the shops, restaurants, coffeehouses, and farmers market of downtown Hopkins. Beautifully updated, exceptionally maintained, and set within a peaceful community, this is a rare opportunity to own a home that has been improved with intention and maintained with exceptional pride of ownership.

5414 Rowland Park Road, Minnetonka

Listing courtesy of Edina Realty, Inc..

$489,900
3 Beds 4 Baths 7119408 MLS
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.

5423 Butternut Circle, Minnetonka

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$499,000
3 Beds 3 Baths 7108515 MLS
Nestled on a beautifully wooded homesite overlooking a tranquil pond, this exceptional home offers a rare combination of privacy, nature, and meticulous care. Lovingly maintained and thoughtfully updated, the property is truly move-in ready. The beautifully remodeled peninsula kitchen features quality cabinetry, solid surface countertops, a designer mosaic tile backsplash, and an open layout that flows seamlessly to the maintenance-free 10' x 18' deck. From here, enjoy peaceful, elevated views of the pond, mature trees, and abundant wildlife, an ideal setting for morning coffee or evening relaxation. The inviting main level offers a spacious living room highlighted by a charming bay window, recessed lighting, and a cozy wood-burning fireplace. A separate dining area captures additional scenic pond views, creating the perfect backdrop for everyday living and entertaining. The private primary suite includes an ensuite bath, while two additional bedrooms and a full bath complete the upper level. The walkout lower level expands the living space with a generous family room featuring lookout windows and a warm gas fireplace. A versatile bonus area with custom built-in shelving opens directly to the patio and backyard, making it ideal for a home office, hobby space, or recreation room. A convenient half bath and abundant storage complete the lower level. Significant recent improvements. Easy conversion for fourth bedroom and 3/4 bath in lower level. Ideally located this home offers an easy commute to downtown Minneapolis while enjoying the serenity of a truly picturesque setting.

1817 Welland Avenue, Minnetonka

Listing courtesy of Lakes Sotheby's International Realty.

$500,000
4 Beds 3 Baths 7102250 MLS
Imagine starting your mornings with coffee overlooking your own private wooded acre, spending afternoons exploring nearby parks, trails, and lakes, and ending the day around a fire beneath the mature trees. Offering the perfect balance of privacy and convenience, this beautifully updated home feels like a peaceful retreat while remaining just minutes from everything Minnetonka has to offer. Located directly across the street from Mayflower Park, you'll enjoy easy access to open green space, walking paths, and a neighborhood park just steps from your front door. Nature lovers and outdoor enthusiasts will appreciate the abundance of nearby trails, lakes, golf courses, and year-round recreation, while shopping, dining, entertainment, and convenient highway access are all just minutes away. Surrounded by mature trees, every window offers peaceful wooded views, creating a sense of privacy and tranquility that's rarely found so close to the city. Inside, you'll find four bedrooms, three bathrooms, vaulted ceilings, a cozy fireplace, fresh interior and exterior paint, and an inviting floor plan designed for both entertaining and everyday comfort. Three bedrooms on one level, including a private owner's suite, provide a layout today's buyers are searching for, while a dedicated lower-level office offers the perfect space for working remotely, studying, or pursuing hobbies. The heated, insulated garage with epoxy floors provides exceptional flexibility for vehicles, storage, or workshop space. Whether you're looking for room to grow, a peaceful place to work from home, or a home where nature is part of your everyday life, this property offers the rare combination of privacy, recreation, and convenience that makes Minnetonka one of the Twin Cities' most sought-after communities.

2840 Mayflower Avenue, Minnetonka

Listing courtesy of Compass.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

Between $400K - $500K Minnetonka Real Estate

Our website features the best real estate search for between $400k - $500k properties available in Minnetonka and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!