5423 Butternut Circle
Minnetonka, MN, 55343
$489,900
3 Beds
4 Baths
3,042 SqFt
0.07 Acres
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$489,900
5423 Butternut Circle
Minnetonka, MN, 55343
MLS #NST7119408 image #0MLS #NST7119408 image #1MLS #NST7119408 image #2MLS #NST7119408 image #3MLS #NST7119408 image #4MLS #NST7119408 image #5MLS #NST7119408 image #6MLS #NST7119408 image #7MLS #NST7119408 image #8MLS #NST7119408 image #9MLS #NST7119408 image #10MLS #NST7119408 image #11MLS #NST7119408 image #12MLS #NST7119408 image #13MLS #NST7119408 image #14MLS #NST7119408 image #15MLS #NST7119408 image #16MLS #NST7119408 image #17MLS #NST7119408 image #18MLS #NST7119408 image #19MLS #NST7119408 image #20MLS #NST7119408 image #21MLS #NST7119408 image #22MLS #NST7119408 image #23MLS #NST7119408 image #24MLS #NST7119408 image #25MLS #NST7119408 image #26MLS #NST7119408 image #27MLS #NST7119408 image #28MLS #NST7119408 image #29MLS #NST7119408 image #30MLS #NST7119408 image #31MLS #NST7119408 image #32MLS #NST7119408 image #33MLS #NST7119408 image #34MLS #NST7119408 image #35MLS #NST7119408 image #36MLS #NST7119408 image #37MLS #NST7119408 image #38MLS #NST7119408 image #39MLS #NST7119408 image #40MLS #NST7119408 image #41MLS #NST7119408 image #42MLS #NST7119408 image #43
Thoughtfully updated and meticulously maintained, this exceptional 3 bedroom, 4 bathroom townhome offers an exceptional blend of space, privacy, and convenience in the heart of Minnetonka. Backing to mature trees and nature, the home lives like a private retreat, with bike trails, multiple commuting options, and walking paths leading to Shady Oak Lake, the beach, and park just a short walk from your front door. A dramatic two story foyer and grand staircase welcome you inside, opening to expansive living spaces filled with natural light. The spacious kitchen offers abundant cabinetry, generous counter space, and effortless flow into the dining area, incredible sunroom, and adjoining deck, making everyday living and entertaining a breeze. The inviting living room is anchored by oversized windows that bring the outdoors in and offers direct access to the deck. Upstairs, the expansive owner’s suite feels like a luxury retreat, complete with a cozy fireplace, private balcony perched among the treetops, a spacious ensuite bath, and walk in closet. Skip the blinds and wake up to peaceful views of nature every morning. A generously sized second bedroom and full bath complete the upper level. The finished lower level is another standout, featuring a spacious family room with large windows that fill the space with natural light, a third bedroom with flexibility for a home office, exercise room, or guest suite, plus an additional bathroom. Recent improvements include a brand new roof, siding replaced approximately seven years ago, updates to the deck, replaced garage doors, updated lighting, and new carpet throughout the main and upper levels. Additional highlights include main floor laundry, an oversized two car garage, abundant storage, and exceptional pride of ownership throughout. Enjoy low maintenance townhome living without sacrificing space, privacy, or your connection to nature.
Listing Provided Courtesy of Coldwell Banker Realty – Southwest Regional

Property Details

Price:
$489,900
MLS #:
NST7119408
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Subtype:
(TH) Side x Side
Subdivision:
Lake Forest
Listed Date:
Aug 4, 2026
Finished Sq Ft:
3,042
Total Sq Ft:
3,210
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1990
Lake ForestHopkins

Schools

School District:
Hopkins

Interior

Above Grade Finished Area
2178
Appliances
Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Bathrooms
2 Full Bathrooms, 1 Three Quarter Bathroom, 1 Half Bathroom
Below Grade Finished Area
864
Cooling
Central Air
Fireplaces Total
2
Heating
Forced Air
Laundry Features
Laundry Room, Main Level, Sink
Levels
Two

Exterior

Accessibility Features
None
Association Amenities
In-Ground Sprinkler System
Exterior Features
Stone, Vinyl
Fencing
None
Garage Spaces
2
Lot Features
Tree Coverage – Medium
Parking Features
Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Roof
Age 8 Years or Less, Asphalt

Financial

HOA Fee
$560
HOA Fee Frequency
Monthly
HOA Includes
Building Exterior, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Snow Removal
HOA Name
Cities Management
HOA Phone
6123818600
Tax Year
2026
Taxes
$6,466
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