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$650,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 2,787 Sq. Ft.
  • 3 Car Garage
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Tucked away on a quiet dead-end street in an established Eden Prairie neighborhood, this beautifully updated walkout two-story sits on a rare .6-acre wooded lot backing to Purgatory Creek. With no rear neighbors, mature trees, multiple outdoor spaces, a firepit area, private porch, and a deck that walks directly out from the kitchen, the backyard feels private, peaceful, and hard to replace. The exterior has been substantially updated with a new roof in November 2025, new LP siding in May 2026, new skylights, and over $125,000 in exterior improvements, giving the home a brand-new exterior. The home also features a one-year-old tankless water heater, adding another important mechanical update. Inside, the kitchen stands out with walnut countertops, an island with seating, mini fridge, skylights, wooded views, and an informal dining area that connects naturally to the deck. The main level also offers a living room with gas fireplace, a family room/den with a second real stone fireplace, formal dining, formal living space separated by French doors, and convenient main-level laundry. Upstairs, the primary suite features vaulted ceilings, wooded views, dual walk-in closets, and a private 3/4 bath with walk-in tile shower and double vanity. Three bedrooms are located on the upper level, along with beautiful hardwood floors throughout. The finished walkout lower level adds serious flexibility with a huge fourth bedroom, full bath, amusement room, wet bar/kitchenette area, built-in speaker wiring, real stone fireplace with remote, and a large storage room. The lower-level bath is oversized and beautifully finished with French doors, soaking tub, large shower, Carrara marble, and high-end vanity and lighting. 220amp electric in the garage. A private setting, major updates, strong layout, and quick access to Hwy 169 and Eden Prairie schools make this a standout opportunity.

Full Property Details for 10261 Phaeton Dr

General

  • Price: $650,000
  • Taxes: $7,174 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7038627
  • Updated: 6/20/2026
  • Added to Site: 29 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Amusement Room, Family Room, Gas, Insert, Stone
  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Breakfast Area, Eat-In Kitchen, Informal Dining Room, Separate Formal Dining Room
  • Formal Dining Room: Breakfast Area, Eat In Kitchen, Informal Dining Room, Separate/Formal Dining Room
  • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup, Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup

Additional Information

  • Amenities: Cable, Deck, Ethernet Wired, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Porch, Panoramic View, Skylight, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Deck, Front Porch, Patio, Side Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 31 x 25
  • Garage Spaces: 3
  • Parking Features: Attached Garage, Electric, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking, Storage

Location

  • County: Hennepin
  • Township: Eden Prairie
  • Subdivision: Bluffs West
  • Driving Directions: 169/Riverview between this intersection and Pioneer… 1 mile from intersection of Pioneer and Homeward hills or 1 mi from intersection of 169/Riverview towards Pioneer

School Information

  • School District: 272 - Eden Prairie
  • High School District: Eden Prairie

Heating & Cooling

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

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Drainage System, Finished, Full, Storage Space, Sump Pump, Tile Shower, Walk-Out
  • Foundation Size: 1288
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 2,787
  • Above Ground: 2,093 Sq. Ft.
  • Below Ground: 1,288 Sq. Ft.
  • Finished Down/Base.: 3,381 Sq. Ft.
  • Year Built: 1986

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.56
  • Lot Dimensions: 206 x 160 x 221 x 78
  • Frontage: City Street, No Outlet/Dead End, Street Lights
  • Zoning: Residential-Single Family
  • Lot Description: Medium Tree Coverage, Underground Utilities
  • Fencing (Description): Vinyl

Financial Considerations

  • Tax Amount: $7,174
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 017 BLOCK 015 BLUFFS WEST
  • Property ID: 3511622110076

Listed by eXp Realty

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— 10261 Phaeton Dr —

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Schools serving 10261 Phaeton Dr

School District:Eden Prairie Public School District
NameGradesDistance
Eden Lake Elementary School
1200 Anderson Lakes Pkwy, Eden Prairie, MN 55344
PK-51.8 mi
Central Middle School, Eden Prairie, MN
8025 School Road, Eden Prairie, MN 55344
6-83.9 mi
Eden Prairie High School
17185 Valley View Road, Eden Prairie, MN 55346
9-125.2 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 10261 Phaeton Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/13/2026
Listed
$650,000
100.87%
MLS
7/17/2009
Sold
$323,591
—
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 10261 Phaeton Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,923
-3%
$612,600
5%
2024
$8,192
7%
$583,200
—
2023
$7,655
5%
$583,200
4%
2023
$7,295
—
$560,800
21%
2023
$7,295
15%
$462,300
5%
2020
$6,343
—
$440,200
4%
2019
$6,340
7%
$423,300
10%
2018
$5,945
10%
$384,100
8%
2017
$5,417
4%
$355,500
-3%
2016
$5,227
13%
$366,200
16%
2015
$4,610
-4%
$316,200
—
2014
$4,803
1%
$316,200
-5%
2013
$4,733
—
$331,600
—
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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10261 Phaeton Drive, Eden Prairie, MN 55347 (MLS# 7038627) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 10261 Phaeton Drive is currently listed for $650,000 and was received on June 12, 2026. Want to learn more about 10261 Phaeton Drive? Do you have questions about finding other Single Family real estate for sale in Eden Prairie? You can browse all Eden Prairie real estate or contact a Coldwell Banker agent to request more information.

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