Date
Details
Price
Change
Source
7/09/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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- Open House: 11:30 AM - 1:30 PM
Sunday 7/12 11:30 AM - 1:30 PM
4031 Terrace Lane,Hopkins, MN 553054031 Terrace LaneHopkinsMN55305
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Property Description
Don't miss this tastefully updated two story home, nestled on a private wooded corner lot at the end of a quiet cul-de-sac in the heart of Minnetonka. The main floor was renovated in 2019 by Revolution Design + Build & features a stunning open-concept kitchen that flows seamlessly into the spacious living and dining areas, creating the perfect setting for everyday living and entertaining. Updates also include a spacious mudroom, efficient main floor laundry room and comfortable den. Create memories outside in the expansive screened porch which overlooks the peaceful backyard. Upper level provides 4 generously sized bedrooms, full bathroom and a primary ensuite that includes walk-in closet & private 3/4 bathroom. Walkout lower level features a home gym (with many pieces of equipment included), rec room, 3/4 bath and 5th bedroom, along with an oversized storage room. Other recent updates included new furnace (2021), A/C (2022), & roof (2025). Stemming from its desirable location, functional layout, and stylish updates, this home combines comfort, privacy, and timeless appeal. Conveniently located near neighborhood favorites - Orchard Park, Station Pizza, Abang Yoli & Lunds/Byerlys, with easy access to Highways 7 & 494 to begin your daily commute.
Full Property Details
Full Property Details for 4031 Terrace Ln
General
- Price: $899,000
- Taxes: $11,097 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7094333
- Updated: Today (7/9/2026)
- Added to Site: Today
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Dining Room: Breakfast Bar, Kitchen/Dining Room, Separate Formal Dining Room
- Formal Dining Room: Breakfast Bar, Kitchen/Dining Room, Separate/Formal Dining Room
- Laundry: Main Level, Main Level
Additional Information
- Amenities: Ceiling Fan(s), Exercise Room, Hardwood Floors, Kitchen Center Island, Porch, In-Ground Sprinkler
Exterior
- Porch/Patio/Deck: Covered, Deck, Patio, Porch, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 29 x 26
- Garage Spaces: 3
- Parking Features: Attached Garage
Location
- County: Hennepin
- Township: Minnetonka
- Subdivision: Oak Ponds By Uzzell
- Driving Directions: Shady Oak Road South, turn right on N Service Dr, right on Auburn Dr, left on Woodbine Rd, home is on the right
School Information
- School District: 270 - Hopkins
- High School District: Hopkins
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
- Exterior Const.: Block
- Basement: Yes
- Basement Desc.: Block
- Foundation Size: 1334
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 3,398
- Above Ground: 2,377 Sq. Ft.
- Below Ground: 1,042 Sq. Ft.
- Finished Down/Base.: 3,419 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.51
- Lot Dimensions: 130 x 170 x 128 x 174
- Frontage: City Street, Cul-de-Sac
- Zoning: Residential-Single Family
- Lot Description: Corner Lot, Medium Tree Coverage
Financial Considerations
- Tax Amount: $11,097
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: LOT 007 BLOCK 002 OAK PONDS BY UZZELL
- Property ID: 2311722230060
Listed by Gold Group Realty, LLC
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— 4031 Terrace Ln —
Gold Group Realty, LLC
NMLS#: 1598647
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Schools
Schools serving 4031 Terrace Ln
School District:Hopkins Public School District
| Name | Grades | Distance |
|---|---|---|
Eisenhower Elementary School, Hopkins, MN 1001 Minnesota 7, Hopkins, MN 55305 | K-6 | 1.2 mi |
Hopkins North Junior High School 10700 Cedar Lake Rd, Minnetonka, MN 55305 | 7-9 | 2 mi |
Hopkins Senior High School 2400 Lindbergh Dr, Minnetonka, MN 55305 | 10-12 | 2.3 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 4031 Terrace Ln
Tax History
Tax History for 4031 Terrace Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,097
10%
$796,700
4%
2025
$10,073
3%
$763,700
-1%
2023
$9,806
3%
$770,100
2%
2023
$9,497
—
$755,800
18%
2023
$9,497
38%
$639,500
23%
2020
$6,874
6%
$519,600
4%
2019
$6,513
2%
$500,500
5%
2018
$6,411
—
$474,700
1%
2017
$6,418
-6%
$468,900
-4%
2016
$6,859
-1%
$486,600
2%
2015
$6,897
1%
$478,000
7%
2014
$6,861
4%
$446,500
-2%
2013
$6,626
—
$454,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
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4031 Terrace Lane, Hopkins, MN 55305 (MLS# 7094333) is a Single Family property with 5 bedrooms, 1 full bathroom and 3 partial bathrooms. 4031 Terrace Lane is currently listed for $899,000 and was received on July 09, 2026. Want to learn more about 4031 Terrace Lane? Do you have questions about finding other Single Family real estate for sale in Hopkins? You can browse all Hopkins real estate or contact a Coldwell Banker agent to request more information.