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$320,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,325 Sq. Ft.
  • 2 Car Garage
  • Updated 10 hours ago

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Open House: 11:00 AM - 2:00 PM

Saturday 3/28 11:00 AM - 2:00 PM

5478 Sanibel Drive,Minnetonka, MN 55343

5478 Sanibel DriveMinnetonkaMN55343

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Welcome to this beautifully updated 2-bedroom, 2-bathroom townhome located in a highly sought-after Minnetonka neighborhood. The open-concept main floor is highlighted by vaulted ceilings that create a bright, airy atmosphere-perfect for both everyday living and entertaining. Recent updates bring modern style and comfort throughout, including luxury vinyl plank flooring installed in 2023, sleek quartz countertops, a designer backsplash, and stainless steel appliances in the kitchen. Both bathrooms have been tastefully renovated with new tile, updated vanities, and contemporary finishes. The inviting living room features a cozy wood-burning fireplace with a refreshed tile surround and new mantle-an ideal focal point for Minnesota winters. Upstairs, you'll find the convenience of upper-level laundry, making daily routines simple and efficient. Step outside to your private patio and enjoy one of the few units in the community that offers additional backyard space-perfect for relaxing, gardening, or entertaining guests. Located just minutes from Shady Oak Lake and beach, the light rail, and the shops and dining of downtown Hopkins, this home also offers easy access to trails, parks, and major roadways-making commuting and recreation effortless. This move-in ready home combines thoughtful updates, functional layout, and an unbeatable location.

Full Property Details for 5478 Sanibel Dr

General

  • Price: $320,000
  • HOA FEE: $384/month
  • Taxes: $3,571 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7041979
  • Updated: Today (3/26/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood-Burning
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen
  • Formal Dining Room: Eat In Kitchen
  • Laundry: Upper Level, Upper Level

Additional Information

  • Amenities: Patio, Vaulted Ceiling(s), Walk-In Closet

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage

Location

  • County: Hennepin
  • Township: Minnetonka
  • Subdivision: Beachside Two
  • Driving Directions: Hwy 62 to Shady Oak Rd N, Turn Right on Smetana, Turn Right on Sanibel, Turn 1st Right on Sanibel, take an immediate left and the home is on the right.

School Information

  • School District: 1218 - Hopkins
  • High School District: Hopkins

Community

  • Association: Yes
  • Assoc. Name: Gassen Companies
  • Assoc. Fees Include: Hazard Insurance, Lawn Care, Professional Management, Sanitation, Snow Removal

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.: Concrete, Frame
  • Foundation Size: 740
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 1,325
  • Above Ground: 1,325 Sq. Ft.
  • Finished Down/Base.: 1,325 Sq. Ft.
  • Year Built: 1989

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Dimensions: 28 x 55
  • Zoning: Residential-Single Family

Financial Considerations

  • Association Fee: $384
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,571
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 028 BLOCK 001 BEACHSIDE TWO
  • Property ID: 3511722110282

Listed by Homefield Realty

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— 5478 Sanibel Dr —

  • Homefield Realty

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Schools serving 5478 Sanibel Dr

School District:Hopkins Public School District
NameGradesDistance
Gatewood Elementary School
14900 Gatewood Drive, Minnetonka, MN 55345
K-62.2 mi
Hopkins West Junior High School
3830 Baker Road, Minnetonka, MN 55305
7-92.2 mi
Hopkins Senior High School
2400 Lindbergh Dr, Minnetonka, MN 55305
10-123.7 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 5478 Sanibel Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$320,000
6.67%
MLS
11/18/2022
Sold
$300,000
—
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 5478 Sanibel Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,571
4%
$307,900
3%
2023
$3,429
12%
$299,500
10%
2023
$3,065
—
$273,500
15%
2023
$3,065
20%
$237,200
23%
2020
$2,559
-22%
$193,295
3%
2019
$3,280
13%
$188,063
14%
2018
$2,900
5%
$165,609
7%
2017
$2,770
37%
$154,055
10%
2016
$2,015
3%
$140,212
6%
2015
$1,949
7%
$132,364
15%
2014
$1,816
-17%
$115,033
-23%
2013
$2,179
—
$149,700
—
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 Homefield Realty

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5478 Sanibel Drive, Minnetonka, MN 55343 (MLS# 7041979) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 5478 Sanibel Drive is currently listed for $320,000 and was received on March 26, 2026. Want to learn more about 5478 Sanibel Drive? 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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