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$699,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 2,611 Sq. Ft.
  • 2 Car Garage
  • Updated 10 hours ago
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Set on a picturesque .42-acre lot surrounded by mature trees, established perennial gardens and a spacious, level backyard, this inviting walkout rambler offers comfortable living inside and out. Step into a sun-filled main level where oak hardwood floors and an abundance of south-facing windows create a warm, welcoming feel. At the heart of the home, the updated kitchen showcases crisp white cabinetry, quartz countertops, a center island, stainless steel appliances, gas range and excellent storage. The adjoining living room is filled with natural light, while the breezeway connecting the home and garage provides a versatile bonus space ideal as a screened porch or relaxing seasonal retreat. Three bedrooms are conveniently located on the main floor, including a generous primary with two closets, along with a full bath featuring dual sinks. Downstairs, the walkout lower level is made for gathering, with charming pine plank floors, an expansive family room, and wood-burning fireplace. A spacious fourth bedroom with built-ins and nearby 3/4 bath creates a welcoming setup for guests. There's no shortage of storage, plus a laundry area with utility sink and a unique bomb shelter. Thoughtful updates include a newer furnace and A/C, April Aire humidifier, reverse osmosis system, radon mitigation and a 5-year-old water heater. An invisible fence is already in place for pets. Best of all, Thorpe Park is just a short walk away, with the LRT trail nearby and Deephaven Beach and Lake Minnetonka access less than a mile away.

Full Property Details for 18200 Fairhomes Ln

General

  • Price: $699,000
  • Taxes: $7,178 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7124720
  • Updated: 8/15/2026
  • Added to Site: 2 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Decorative, Family Room, Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: In Basement, Electric Dryer Hookup, Lower Level, Sink, Washer Hookup, In Basement, Electric Dryer Hookup, Lower Level, Sink, Washer Hookup

Additional Information

  • Amenities: Cable, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Patio, Paneled Doors, Porch, Tile Floors, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Enclosed, Glass Enclosed, Patio, Porch, Screened, Side

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 24 x 20
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Location

  • County: Hennepin
  • Township: Deephaven
  • Subdivision: Fairhomes
  • Driving Directions: Mtka Blvd to Fairhomes to home on the left

School Information

  • School District: 276 - Minnetonka
  • High School District: Minnetonka

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Well

Structural Information

  • Exterior Const.: Block, Concrete, Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Daylight/Lookout Windows, Finished, Full, Storage Space, Tile Shower, Walk-Out
  • Foundation Size: 1405
  • Roof: Age Over 8 Years, Pitched
  • Disability Access: None
  • Square Feet: 2,611
  • Above Ground: 1,405 Sq. Ft.
  • Below Ground: 1,206 Sq. Ft.
  • Finished Down/Base.: 2,611 Sq. Ft.
  • Year Built: 1952

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.42
  • Lot Dimensions: 158 x 110 x 155 x 139
  • Frontage: City Street, No Outlet/Dead End, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Medium Tree Coverage
  • Fencing (Description): Invisible

Financial Considerations

  • Tax Amount: $7,178
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 008 FAIRHOMES
  • Property ID: 1811722430026
Buyer's Brokerage Compensation: Contact Listing Agent
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Schools serving 18200 Fairhomes Ln

School District:Minnetonka Public School District
NameGradesDistance
Deephaven Elementary School
4452 Vine Hill Road, Wayzata, MN 55391
K-51.1 mi
Minnetonka East Middle School
17000 Lake Street Extension, Minnetonka, MN 55345
6-80.9 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18200 Fairhomes Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/15/2026
Listed
$699,000
26.58%
MLS
1/15/2021
Sold
$552,230
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 18200 Fairhomes Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,178
-5%
$612,200
-6%
2025
$7,552
3%
$651,200
-1%
2023
$7,314
20%
$659,900
18%
2023
$6,092
—
$560,000
15%
2023
$6,092
12%
$487,000
10%
2020
$5,440
4%
$441,000
3%
2019
$5,238
4%
$427,000
4%
2018
$5,046
4%
$410,750
5%
2017
$4,861
10%
$392,220
12%
2016
$4,433
—
$350,800
1%
2015
$4,426
22%
$347,530
29%
2014
$3,623
-3%
$270,140
-2%
2013
$3,729
—
$276,680
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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18200 Fairhomes Lane, Deephaven, MN 55391 (MLS# 7124720) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 18200 Fairhomes Lane is currently listed for $699,000 and was received on August 13, 2026. This property is listed by Kristi Weinstock from our Minnetonka Office.Want to learn more about 18200 Fairhomes Lane? Do you have questions about finding other Single Family real estate for sale in Deephaven? You can browse all Deephaven real estate or contact a Coldwell Banker agent to request more information.

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