Townhomes Minnetonka MN

In July 2023, Realtor.com showed 31 listings of townhomes in Minnetonka, MN. Two were new construction properties built in 2022 and priced in the low to high $800s. Meanwhile, prices for all townhomes started in the $250s for a 2-bed/2.5-bath, 1434 sq ft unit built in 1987 on 1307 sq ft in the Cherry Hill subdivision. It features luxury amenities inside, easy access to Lake Minnetonka via walking trails, and a monthly HOA of $409 that covers building and lawn maintenance, trash and snow removal, and hazard insurance.

The highest-priced unit was $1.4m for an opulent Ron Clark villa in Legacy Oaks. This is a 3-bed/2.5-bath, two-story, 3348 sq ft unit built in 2016 on a 6970 sq ft lot with a 3-car garage. It has luxury amenities inside and out, including a spacious master bedroom, cozy fireplace, and billiard game area with a wet bar, to name a few. Monthly HOA is $640 and covers maintenance of the building, the lawn, and the amenities. One benefit of townhomes compared to condos is they include the land beneath the unit!

Minnetonka, MN, scores an “A+” on Niche.com and is ranked in the top 10 “Best Suburbs to Live in Minnesota!” It has many suburban amenities like coffee shops and parks that make this area popular with young professionals and retirees. It offers great outdoor activities and nightlife, as well as short job commutes to the area’s great jobs. With A+ rated public schools, you can bet families like it here too. June 2023 property values dipped by 1.5%, according to a 12-month study by Rocket Homes, despite being a seller’s market. If there ever was a time to buy or sell, it’s now. Call today to get started!

More market data: https://www.rockethomes.com/real-estate-trends/mn/minnetonka

• There are townhomes in Minnetonka, MN that offer exceptional value and lifestyle options.