Lori Gustafson

16307 Moorland Circle

Minnetonka, MN
$ 515,000 Beds 3 Baths 2 Sq 2,056 Virtual Tour
Monthly Estimate* How much can I afford?

Well-maintained 3 bedroom, 2 bath home in the highly sought-after Minnetonka School District, situated on a rare 0.58-acre cul-de-sac lot. The updated kitchen features granite countertops and stainless-steel appliances, while extensive improvements include the roof, furnace, central air, water heater, water softener, air exchanger, exterior paint, recently seal-coated driveway, and vinyl windows throughout most of the home, providing peace of mind for years to come. Beyond the three bedrooms, the home offers two additional finished spaces providing exceptional flexibility for today's lifestyle. A heated finished flex space with access through the attached garage and a private sliding glass door to the backyard is ideal for a home office, studio, gym, or home-based business. The lower level also includes a finished bonus room with a closet, offering potential for future bedroom use, subject to egress and applicable code requirements, or use as a home office, exercise room, hobby room, or playroom. The insulated 1.5-car detached garage is heated and air-conditioned, making it the perfect year-round workshop, hobby space, or additional storage. Enjoy two wood-burning fireplaces and a sun-filled 3-season porch surrounded by five sliding glass doors overlooking the expansive backyard. Step outside to the low-maintenance composite deck, perennial gardens, storage shed, and dedicated chicken area, offering plenty of space for gardening, recreation, and outdoor entertaining. A large basement picture window fills the lower level with abundant natural light. Conveniently located near parks, trails, shopping, dining, and major commuter routes, this move-in-ready home combines quality updates, versatile spaces, and an exceptional lot in one of the area's most desirable school districts.

Single Family

  • Price
  • $ 515,000
  • City
  • Minnetonka
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Ruthers 2nd Add
  • Lot Size
  • 0.58 Acres
  • Zip
  • 55345
  • Sqr Footage
  • 2,056
  • Year Built
  • 1970
  • Taxes
  • $ 6211
  • Style
  • Single Family
  • MLS#
  • 7110734
Listed By: LakeLine Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2056
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Gas Water Heater,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 3
Year Built 1970
Electric 200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Ruthers 2nd Add
Other Structures Storage Shed
Full Baths 1
Directions Minnetonka Blvd to Moorland Street to Moorland Circle.
City Minnetonka
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6211.4
Additional Parcels Y/N No
Virtual Tour https://media.luxelofte.com/sites/ezqlxqoa/unbranded
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup
PostalCity Minnetonka

Interior Features

Basement Finished,Full,Sump Basket,Walkout
Total Fireplaces 2
Fireplace Features Electric,Family Room,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1218
3/4 Baths 1
Laundry Features Lower Level,Laundry Room
Total Bedrooms 3
Below Grade Finished Area 838
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas
Garage Dimensions 24x22 24x15
Garage Door Width 7
Garage Square Feet 888

Exterior Features

Fencing Chain Link,Partial,Wood
Parking Features Attached Garage,Detached Garage,Asphalt,Electric,Electric Vehicle Charging Station(s),Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage,Multiple Garages
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.58
Building Area Total 2881
Lot Dimensions 241x174x68x53x191
Waterfront Y/N No
Foundation Area 1218

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/22/2026 Listed $599,500
8/13/2026 4% - $577,000
8/24/2026 4% - $555,000
9/4/2026 5% - $530,000
9/25/2026 3% - $515,000

Property vs Zip Code Average in 55345

Price
AVG $820K
$520K
Taxes
AVG $7,874
$6,211
Year Built
AVG 1979
1970
Visits
AVG 120
89
Data Provided by Inside Real Estate®

Areas That We Cover

16307 Moorland Circle Minnetonka, MN is a Single Family Home for sale at $515000 with 2056 sqft and a lot size of 0.58 Acres Acre(s). 16307 Moorland Circle Minnetonka has 3 bedrooms, 2 baths and was built in 1970. The property's zip code is 55345 which is in Minnetonka, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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