702 Valley Way, Hopkins, MN 55305

$1,250,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 5,030 Lot Size (sq. ft.): 48,352 Status: Pending
Current Price: $1,250,000 List Date: 3/20/2026 Last Modified: 4/08/2026

Overview

Description

Recently expanded and fully completed, this 5,000+ SF custom home has been transformed with over $200,000 in recent enhancements, including a newly finished lower level with two additional bedrooms, a full bath, and expansive recreation space (see plans in supplement). Designed by renowned local builder Hoxie Homes, this property blends modern elegance with exceptional craftsmanship in the exclusive Knollwood neighborhood, directly across from Oak Ridge Country Club and within the sought-after Hopkins school district. Set on a private 1+ acre estate with a natural pond and summer fountain views, this residence offers a perfect balance of entertainment and everyday functionality. Enjoy seamless indoor-outdoor living with a large screened porch, a sophisticated home office with Murphy bed (ideal as a third bedroom flex space), and refined finishes throughout. Meticulously maintained by its original owner, this rare property offers the size, quality, and setting typically reserved for much higher price points. A true must-see for those seeking luxury, privacy, and practicality in one exceptional home.

Listing Details MLS# 7033204

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
2015
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
3
Main Floor Total SqFt
2404
Above Grd Total SqFt
2626
Below Grd Total SqFt
2404
Total SqFt
5030
Total Finished Sqft
4356.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
3480
Garage Stalls
2
Lot Dimensions
48220 sq ft
Acres
1.11
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom; Hallways 42"+ Air Conditioning: Central Air; Zoned Amenities Unit: Ceiling Fan(s); Deck; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Porch; Primary Bedroom Walk-In Closet; Security System; Walk-In Closet; Washer/Dryer Hookup Appliances: Central Vacuum; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System Basement: Drain Tiled; Egress Windows; Full; Partially Finished; Poured Concrete; Storage Space; Sump Pump; Unfinished Construction Status: Previously Owned Exterior: Cedar; Cement Board Family Room Characteristics: Great Room; Main Level Fireplace Characteristics: Gas Burning; Primary Bedroom Foundation: Other Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Laundry Room; Main Level Lock Box Type: Combo Parking Characteristics: Finished Garage; Heated Garage; Insulated Garage Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: Main Floor Bedroom; Main Floor Primary Stories: One Water: City Water/Connected

Contract Information

Off Market Date
2026-03-31
Contingency
None
Original List Price
1250000
ListPrice
1250000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
702
Street Name
Valley
Street Suffix
Way
Postal City
Hopkins
County
Hennepin
State
MN
Zip Code
55305
Complex/Dev/Subdivision
Knollwood

Assessments

Tax With Assessments
18091.48
Assessment Balance
0

Basement

Foundation Dimensions
59x70
Drain Tiled
Yes
Egress Windows
Yes
Full
Yes
Partially Finished
Yes
Poured Concrete
Yes
Storage Space
Yes
Sump Pump
Yes
Unfinished
Yes

More Information

Building Information

Finished SqFt Above Ground
2404
Finished SqFt Below Ground
1952

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
27x32
Garage Square Feet
540
Finished Garage
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
22
Section#
13
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
KNOLLWOOD THAT PART OF LOT 14 BLK 5 LYING S OF A LINE RUNNING PAR WITH N LINE THOF FROM NE COR OF LOT 1 BLK 5 ALSO LOT 11 BLK 1
Listing City
Hopkins
Map Page
119
Municipality
Hopkins
School District
Hopkins
School District Phone
952-988-4000
Zip Plus 4
4203
Property ID Number
1311722440046
Tax Year
2026
Tax Amount
18091.48
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Recently expanded and fully completed, this 5,000+ SF custom home has been transformed with over $200,000 in recent enhancements, including a newly finished lower level with two additional bedrooms, a full bath, and expansive recreation space (see plans in supplement). Designed by renowned local builder Hoxie Homes, this property blends modern elegance with exceptional craftsmanship in the exclusive Knollwood neighborhood, directly across from Oak Ridge Country Club and within the sought-after Hopkins school district. Set on a private 1+ acre estate with a natural pond and summer fountain views, this residence offers a perfect balance of entertainment and everyday functionality. Enjoy seamless indoor-outdoor living with a large screened porch, a sophisticated home office with Murphy bed (ideal as a third bedroom flex space), and refined finishes throughout. Meticulously maintained by its original owner, this rare property offers the size, quality, and setting typically reserved for much higher price points. A true must-see for those seeking luxury, privacy, and practicality in one exceptional home.
Directions
Hwy 7 to Oak Ridge Road, to Wilshire Walk, left on Valley Way.

Accessible

Doors 36"+
Yes
Grab Bars In Bathroom
Yes
Hallways 42"+
Yes

Air Conditioning

Central Air
Yes
Zoned
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Deck
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Security System
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Central Vacuum
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes

Construction Status

Previously Owned
Yes

Exterior

Cedar
Yes
Cement Board
Yes

Family Room Characteristics

Great Room
Yes
Main Level
Yes

Fireplace Characteristics

Gas Burning
Yes
Primary Bedroom
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes
Main Level
Yes

Lock Box Type

Combo
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Covered
Yes
Deck
Yes
Enclosed
Yes
Patio
Yes
Porch
Yes
Rear Porch
Yes
Screened
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

Main Floor Bedroom
Yes
Main Floor Primary
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Bathroom Dimensions: 8x9 Level: Main Deck Dimensions: 10x12 Level: Main First (1st) Bedroom Dimensions: 15x16 Level: Main Fourth (4th) Bedroom Dimensions: 16x15 Level: Lower Foyer Dimensions: 7x5 Level: Main Game Room Dimensions: 28x17 Level: Lower Great Room Dimensions: 26x28 Level: Main Informal Dining Room Dimensions: 6x6 Level: Main Kitchen Dimensions: 14x16 Level: Main Laundry Dimensions: 20x5 Level: Main Living Room Level: Main Living Room Dimensions: 27x18 Level: Lower Office Dimensions: 12x15 Level: Main Screened Porch Dimensions: 17x13 Level: Main Second (2nd) Bedroom Dimensions: 18x16 Level: Lower Third (3rd) Bedroom Dimensions: 14x14 Level: Lower

Documents

Listing Office: HomeAvenue Inc
IDX
Last Updated: April - 08 - 2026
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