5400 Sanibel Drive, Minnetonka, MN 55343

New Listing
$299,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,282 Lot Size (sq. ft.): 1,742 Status: Active
Current Price: $299,000 List Date: 4/07/2026 Last Modified: 4/08/2026

Overview

Description

Convenient and well-maintained two-level end-unit townhome offering an airy, open feel with vaulted ceilings and abundant natural light. Features include a spacious living room with fireplace, loft-style bedrooms, and a large primary suite with private deck access and walkthrough bath. Enjoy easy indoor-outdoor living with a walkout from the main-level living room to a private patio overlooking expansive green space—ideal for relaxing, gardening, entertaining, or pets. Recent updates include a stackable washer and dryer (2025), electric stove (Oct 2022), lower-level flooring (Feb 2021), and new furnace and A/C (May 2023). Located near walking trails, parks, restaurants, shopping, schools, major highways, Shady Oak Lake Beach, and future light rail access—this home offers comfort, flexibility, and convenience in a highly desirable setting.

Listing Details MLS# 7044209

General Property Information

Assoc Mgmt Co. Phone #
952-922-5575
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Gassen Company Association Mgmt
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
1981
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Half
Yes
Main Floor Total SqFt
627
Above Grd Total SqFt
1282
Total SqFt
1282
Total Finished Sqft
1282.00
FireplaceYN
Yes
Style
(TH) Side x Side
Foundation Size
716
Association Fee
249.96
Garage Stalls
2
Lot Dimensions
28x55x28x55
Acres
0.04
Assessment Pending
Unknown
Bath Three Quarters
0
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: None Air Conditioning: Central Air; Heat Pump Amenities Unit: Deck; Kitchen Window; Patio; Vaulted Ceiling(s) Appliances: Dishwasher; Range; Refrigerator Approved Financing: FHA; VA Association Fee Includes: Lawn Care; Professional Mgmt; Sanitation; Snow Removal Basement: None Bath Description: Primary Walk-Thru; Main Floor 1/2 Bath; Upper Level Full Bath Construction Status: Previously Owned Dining Room Description: Eat In Kitchen Electric: 100 Amp Service Exterior: Vinyl Fencing: None Fireplace Characteristics: Living Room Foundation: Slab Fuel: Natural Gas Heating: Forced Air; Heat Pump Laundry: Laundry Closet; Upper Level Lock Box Type: Combo Lot Description: Corner Lot Road Frontage: No Outlet/Dead End Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry Stories: Two Townhouse Characteristics: End Unit; Multi-Level; No Exterior Stairs Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
299000
ListPrice
299000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5400
Street Name
Sanibel
Street Suffix
Drive
Postal City
Minnetonka
County
Hennepin
State
MN
Zip Code
55343
Complex/Dev/Subdivision
Beachside Two

Assessments

Tax With Assessments
3390.04
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1282

More Information

Insurance Fee

Insurance Fee
77.12
Insurance Fee Frequency
Monthly

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
20x9x5x11x15x20
Garage Door Height
7
Garage Door Width
16
Garage Square Feet
360

Public Survey Info

Range#
22
Section#
35
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
LOT 001 BLOCK 001 BEACHSIDE TWO
Listing City
Minnetonka
Map Page
119
Municipality
Minnetonka
School District
Hopkins
School District Phone
952-988-4000
Zip Plus 4
9401
Property ID Number
3511722110259
Tax Year
2026
Tax Amount
3390.04
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Convenient and well-maintained two-level end-unit townhome offering an airy, open feel with vaulted ceilings and abundant natural light. Features include a spacious living room with fireplace, loft-style bedrooms, and a large primary suite with private deck access and walkthrough bath. Enjoy easy indoor-outdoor living with a walkout from the main-level living room to a private patio overlooking expansive green space—ideal for relaxing, gardening, entertaining, or pets. Recent updates include a stackable washer and dryer (2025), electric stove (Oct 2022), lower-level flooring (Feb 2021), and new furnace and A/C (May 2023). Located near walking trails, parks, restaurants, shopping, schools, major highways, Shady Oak Lake Beach, and future light rail access—this home offers comfort, flexibility, and convenience in a highly desirable setting.
Directions
Shady Oak Road to Smetana to Sanibel.

Accessible

None
Yes

Air Conditioning

Central Air
Yes
Heat Pump
Yes

Amenities Unit

Deck
Yes
Kitchen Window
Yes
Patio
Yes
Vaulted Ceiling(s)
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Approved Financing

FHA
Yes
VA
Yes

Association Fee Includes

Lawn Care
Yes
Professional Mgmt
Yes
Sanitation
Yes
Snow Removal
Yes

Basement

None
Yes

Bath Description

Primary Walk-Thru
Yes
Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes

Electric

100 Amp Service
Yes

Exterior

Vinyl
Yes

Fencing

None
Yes

Fireplace Characteristics

Living Room
Yes

Foundation

Slab
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Heat Pump
Yes

Laundry

Laundry Closet
Yes
Upper Level
Yes

Lock Box Type

Combo
Yes

Lot Description

Corner Lot
Yes

Restriction/Covenants

Mandatory Owners Assoc
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes
Pets - Number Limit
Yes
Rental Restrictions May Apply
Yes

Road Frontage

No Outlet/Dead End
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes

Stories

Two
Yes

Townhouse Characteristics

End Unit
Yes
Multi-Level
Yes
No Exterior Stairs
Yes

Water

City Water/Connected
Yes

Room Information

First (1st) Bedroom Dimensions: 20x16 Level: Upper Kitchen Dimensions: 12x12 Level: Main Living Room Dimensions: 21x15 Level: Main Second (2nd) Bedroom Dimensions: 17x12 Level: Upper
Listing Office: LakeLine Realty
IDX
Last Updated: April - 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.