16408 Norwood Lane, Minnetonka, MN 55345

New Listing
$550,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,381 Lot Size (sq. ft.): 15,682 Status: Active
Current Price: $550,000 List Date: 5/08/2026 Last Modified: 5/08/2026

Overview

Description

Welcome to 16408 Norwood Lane, nestled in the heart of Minnetonka. This beautifully maintained 4-bedroom, 2-bath home sits on a spacious, private lot with a fully fenced backyard, perfect for relaxing, entertaining, gardening, or play. Step inside to find an updated kitchen that seamlessly connects to the informal dining area, offering easy access to the backyard for effortless indoor-outdoor living. The home balances style and function throughout. Enjoy cozy evenings by one of two fireplaces, or soak in natural light year-round from the inviting sunroom. Located within the highly acclaimed Minnetonka School District, this home also offers access to top-tier education and a strong sense of community. With its thoughtful layout, generous space, and warm, welcoming feel, this home is ready for its next chapter. Don’t miss the opportunity to make it yours.

Open Houses

Listing Details MLS# 7065647

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Waterfront Present
No
Year Built
1962
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Half
Yes
Main Floor Total SqFt
955
Above Grd Total SqFt
1661
Below Grd Total SqFt
720
Total SqFt
2381
Total Finished Sqft
2114.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
955
Garage Stalls
2
Lot Dimensions
100x139
Acres
0.36
Assessment Pending
No
Bath Three Quarters
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Hardwood Floors; Kitchen Window; Patio Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room Exterior: Wood Family Room Characteristics: Lower Level Fencing: Full; Wood Fireplace Characteristics: Family Room; Living Room; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement; Laundry Room Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
550000
ListPrice
550000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
16408
Street Name
Norwood
Street Suffix
Lane
Postal City
Minnetonka
County
Hennepin
State
MN
Zip Code
55345
Complex/Dev/Subdivision
Woodland Hills 3rd Add

Assessments

Tax With Assessments
4621
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1661
Finished SqFt Below Ground
453

More Information

Insurance Fee

Insurance Fee Frequency
N/A
Insurance Fee
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
23x19
Garage Square Feet
464

Public Survey Info

Range#
22
Section#
29
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 002 BLOCK 002 WOODLAND HILLS 3RD ADDN
Listing City
Minnetonka
Map Page
118
Municipality
Minnetonka
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
4439
Property ID Number
2911722420002
Tax Year
2025
Tax Amount
4621
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to 16408 Norwood Lane, nestled in the heart of Minnetonka. This beautifully maintained 4-bedroom, 2-bath home sits on a spacious, private lot with a fully fenced backyard, perfect for relaxing, entertaining, gardening, or play. Step inside to find an updated kitchen that seamlessly connects to the informal dining area, offering easy access to the backyard for effortless indoor-outdoor living. The home balances style and function throughout. Enjoy cozy evenings by one of two fireplaces, or soak in natural light year-round from the inviting sunroom. Located within the highly acclaimed Minnetonka School District, this home also offers access to top-tier education and a strong sense of community. With its thoughtful layout, generous space, and warm, welcoming feel, this home is ready for its next chapter. Don’t miss the opportunity to make it yours.
Directions
LOT 002 BLOCK 002 WOODLAND HILLS 3RD ADDN

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Patio
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes

Exterior

Wood
Yes

Family Room Characteristics

Lower Level
Yes

Fencing

Full
Yes
Wood
Yes

Fireplace Characteristics

Family Room
Yes
Living Room
Yes
Wood Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

In Basement
Yes
Laundry Room
Yes

Patio, Porch and Deck Features

Patio
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

3 BR on One Level
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 11x9 Level: Main Family Room Dimensions: 24x12 Level: Lower First (1st) Bedroom Dimensions: 15x10 Level: Upper Fourth (4th) Bedroom Dimensions: 11x8 Level: Lower Kitchen Dimensions: 14x9 Level: Main Living Room Dimensions: 24x12 Level: Main Second (2nd) Bedroom Dimensions: 15x10 Level: Upper Third (3rd) Bedroom Dimensions: 13x9 Level: Upper

Documents

Listing Office: Compass
IDX
Last Updated: May - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.