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$550,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 2,114 Sq. Ft.
  • 2 Car Garage
  • Updated 20 hours ago

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Open House: 1:00 PM - 3:00 PM

Saturday 5/9 1:00 PM - 3:00 PM

16408 Norwood Lane,Minnetonka, MN 55345

16408 Norwood LaneMinnetonkaMN55345

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Welcome to 16408 Norwood Lane, nestled in the heart of Minnetonka. This beautifully maintained 4-bedroom, 2-bath home sits on a spacious, private lot with a fully fenced backyard, perfect for relaxing, entertaining, gardening, or play. Step inside to find an updated kitchen that seamlessly connects to the informal dining area, offering easy access to the backyard for effortless indoor-outdoor living. The home balances style and function throughout. Enjoy cozy evenings by one of two fireplaces, or soak in natural light year-round from the inviting sunroom. Located within the highly acclaimed Minnetonka School District, this home also offers access to top-tier education and a strong sense of community. With its thoughtful layout, generous space, and warm, welcoming feel, this home is ready for its next chapter. Don't miss the opportunity to make it yours.

Full Property Details for 16408 Norwood Ln

General

  • Price: $550,000
  • Taxes: $4,621 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7065647
  • Updated: 5/8/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Family Room, Living Room, Wood-Burning
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Informal Dining Room, Kitchen/Dining Room
  • Formal Dining Room: Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room
  • Laundry: In Basement, Laundry Room, In Basement, Laundry Room

Additional Information

  • Amenities: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Patio

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 23 x 19
  • Garage Spaces: 2
  • Parking Features: Attached Garage

Location

  • County: Hennepin
  • Township: Minnetonka
  • Subdivision: Woodland Hills 3rd Add
  • Driving Directions: LOT 002 BLOCK 002 WOODLAND HILLS 3RD ADDN

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: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished
  • Foundation Size: 955
  • Disability Access: None
  • Square Feet: 2,114
  • Above Ground: 1,661 Sq. Ft.
  • Below Ground: 720 Sq. Ft.
  • Finished Down/Base.: 2,381 Sq. Ft.
  • Year Built: 1962

Lot Features

  • Lot Size (Acres): 0.36
  • Lot Dimensions: 100 x 139
  • Zoning: Residential-Single Family
  • Fencing (Description): Full, Wood

Financial Considerations

  • Tax Amount: $4,621
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 002 BLOCK 002 WOODLAND HILLS 3RD ADDN
  • Property ID: 2911722420002

Listed by Compass

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— 16408 Norwood Ln —

  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 16408 Norwood Ln

School District:Minnetonka Public School District
NameGradesDistance
Scenic Heights Elementary School
5650 Scenic Heights Drive, Minnetonka, MN 55345
K-50.8 mi
Minnetonka East Middle School
17000 Lake Street Extension, Minnetonka, MN 55345
6-81.2 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-121.1 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 16408 Norwood Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$550,000
6.8%
MLS
5/29/2025
Sold
$515,000
—
Public Record
Get Price Alerts and Save Property
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 16408 Norwood Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,621
10%
$361,200
6%
2023
$4,209
-10%
$341,400
-8%
2023
$4,661
—
$372,700
12%
2023
$4,661
3%
$334,200
7%
2020
$4,511
4%
$312,214
5%
2019
$4,342
14%
$298,698
14%
2018
$3,823
8%
$260,875
10%
2017
$3,525
-2%
$237,876
-2%
2016
$3,595
—
$242,018
—
2015
$3,604
11%
$241,364
15%
2014
$3,247
-7%
$208,991
-10%
2013
$3,488
—
$231,772
—
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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Listed by Compass

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16408 Norwood Lane, Minnetonka, MN 55345 (MLS# 7065647) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 16408 Norwood Lane is currently listed for $550,000 and was received on May 08, 2026. Want to learn more about 16408 Norwood Lane? Do you have questions about finding other Single Family real estate for sale in Minnetonka? You can browse all Minnetonka real estate or contact a Coldwell Banker agent to request more information.

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