About this home

This 4 bed, 2 bath single family home offers 2,322 sqft of living space at 3531 Arbor Ln in Minnetonka, MN. Listed at $560,000 ($241/sqft) with 9 days on market. The property sits in the Minneapolis area of MN. The lot measures 18,731 sqft.

What it's like to live here

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Property details

Price: $560,000
Bedrooms: 4
Bathrooms: 2
Interior: 2,322 sqft
Price / sqft: $241
Lot size: 18,731 sqft
Type: Single Family
Days on market: 9
Est. property tax: $6,216/yr · $518/mo · 1.11% MN avg

Estimated monthly payment

Down payment20% ($112,000)

Interest rate6.75%

Principal & Interest$2,906

Property Tax$513

Insurance$150

Total$3,569/mo

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Location

This home is located in Minnetonka, MN, in the Minneapolis area. Browse more Minnetonka listings on the Minnetonka market page or explore the full Minnetonka market report.

About Minnetonka: Minnetonka is a city in Hennepin County, Minnesota, United States. A western suburb of the Twin Cities, Minnetonka is located about 10 miles (16 km) west of Minneapolis. At the 2024 census, the city's population was 52,651. (source: Wikipedia)

Climate: Average year-round temperature is 48°F with 220 dry days per year and 38.4 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 55305)

Median age is 39.5; 39% hold a bachelor's degree; 60% of homes are owner-occupied; median household income is $104,380.

Median income: $104,380
Median age: 39.5
Owner-occupied: 60.3%
Bachelor's degree: 38.7%
Census median home value: $417,400

Source: US Census Bureau American Community Survey 5-year estimates.

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$560,000

3531 Arbor Ln, Minnetonka, MN