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4720 Lakeway Terrace

Shorewood, MN 55331

3 beds
3 baths
2,412 sqft
15,681 sqft lot
$248 per sqft
1961 build
– on site

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Nestled on a peaceful dead-end street off Minnetonka Boulevard near Deephaven and Excelsior, this beautifully maintained rambler offers a perfect blend of charm and modern updates. Situated on a 0.36-acre lot, this home features 3 bedrooms, 3 bathrooms, and 2,412 finished square feet of inviting living space. The main level impresses with a welcoming flagstone entry, white enameled woodwork, crown molding, newer carpet, large family room featuring built-in's with a wood-burning fireplace, formal dining area and a sun room. The remodeled kitchen showcases custom cabinetry, high-end built-in appliances, gleaming hardwood floors, and granite countertops. All three bedrooms on the main floor have hardwood floors, including a primary suite with a private ¾ bath. Step outside to a fully fenced backyard with a private patio, perfect for relaxing or entertaining. The lower level offers a spacious family room with a Chicago brick fireplace, a roughed-in wet bar area, two large storage rooms, a newly installed egress window, laundry area and a 3/4 bath. Additional highlights include a two-car garage with a pull-down ladder for loft storage. Conveniently located near downtown Excelsior, Lake Minnetonka, Lake William, parks, and major highways, this home is in the award-winning Minnetonka School District—a must-see in an unbeatable location!

Listing courtesy of NORTHSTAR / Carey Crowell / Fazendin REALTORS

Last checked: Checking… • Last updated Apr 11, 2025 •

MLS# 6655597 —

The Building

Year Built:

1961
New Construction:

false
Age Of Property:

64
Construction Materials:

Brick/Stone, Wood Siding
Roof:

Age Over 8 Years, Asphalt
Accessibility Features:

Grab Bars In Bathroom
Levels:

One
Main Level Finished Area:

1712.0000
Basement:

Block, Egress Window(s), Finished, Full, Storage Space
Basement:

true
Foundation Area:

1712
Manufactured Home:

No
Building Area Total:

3424
Above Grade Finished Area:

1712
Below Grade Finished Area:

700

Interior

Dining Room Description:

Breakfast Bar,Separate/Formal Dining Room
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Brick, Family Room, Living Room, Wood Burning
Amenities:

Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Room Dimensions

Living Area:

2412

Location

Directions:

Hwy 101 to Minnetonka Blvd, West on Minnetonka Blvd to Lakeway Terrace, South to home.
Latitude:

44.91853
Longitude:

-93.544705

The Property

Parcel Number:

2611723110026
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Many Trees
Lot Size Area:

0.36
Lot Size Dimensions:

80x167x135x136
Lot Size SqFt:

15681.6
Lot Size Units:

Acres
Lake Chain:

N
Lake Acres:

15
Water Body Name:

William
Road Frontage Type:

City Street, Cul De Sac, No Outlet/Dead End, Paved Streets
Road Responsibility:

Public Maintained Road
Fencing:

Full, Wood
Water Source:

Well
Other Structures:

Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

6093
Tax With Assessments:

6093.4900

Beds

Bedrooms Total:

3

Baths

Total Baths:

3
Bath Description:

3/4 Basement,3/4 Primary,His and Her Closets ,Private Primary,Main Floor 3/4 Bath,Main Floor Full Bath
Full Baths:

1
Three Quarter Baths:

2

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers, 100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Tonkawood Estates
Waterfront:

false
Waterfront Features:

Lake View
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Garage Spaces:

2
Garage Dimensions:

21x21
Garage SqFt:

441

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$210/mo.

Estimate provided by ClearlyEnergy

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Sale history

Date	Event	Source	Price	% Change
4/11/25 Apr 11, 2025	Sold	NORTHSTAR	$600,000
2/10/25 Feb 10, 2025	Pending	NORTHSTAR	$600,000

House Sold on 4/11/2025

$600,000

Listing provided by broker:

Carey Crowell

Fazendin REALTORS

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Listing Courtesy of: NORTHSTAR and Fazendin REALTORS.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

4720 Lakeway Terrace

Shorewood, MN 55331