Lori Gustafson

3523 Arbor Lane

Minnetonka, MN
$ 515,000 Beds 4 Baths 2 Sq 2,207
Monthly Estimate* How much can I afford?

Tucked away in a quiet, secluded neighborhood with no through traffic, this home offers a peaceful setting close to shopping, libraries, and bike trails. Mature trees surrounding the backyard provide a beautiful sense of privacy and feel like your own private retreat. Inside, the home features three upper-level bedrooms, with one currently used as a den featuring built-ins and a walk-in closet. The newly remodeled lower level offers a spacious primary suite with a private ensuite bathroom and adjoining office. Additional highlights include a fireplace, daylight windows, and beautiful hardwood flooring throughout the living room, dining room, and kitchen.

Single Family

  • Price
  • $ 515,000
  • City
  • Minnetonka
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Arbordale
  • Lot Size
  • 0.4 Acres
  • Zip
  • 55305
  • Sqr Footage
  • 2,207
  • Year Built
  • 1955
  • Taxes
  • $ 5938
  • Style
  • Single Family
  • MLS#
  • 7145831
Listed By: Keller Williams Premier Realty Lake Minnetonka
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2207
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years,Architectural Shingle,Asphalt,Pitched
Appliances Dishwasher,Disposal,Dryer,Gas Water Heater,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Construction Materials Block
Year Built 1955
Electric Circuit Breakers
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 Arbordale
Full Baths 2
Directions Minnetonka Blvd,east on Shady Oak,left on Arbor Ln,home is on the right.
City Minnetonka
High School District Hopkins
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5938
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Minnetonka

Interior Features

Basement Block,Daylight/Lookout Windows,Egress Window(s),Finished,Full
Total Fireplaces 2
Fireplace Features Brick,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1358
Laundry Features In Basement,Laundry Room
Total Bedrooms 4
Below Grade Finished Area 849
Total Baths 2
Bath Desc Basement,Bathroom Ensuite,Full Basement,Private Primary,Main Floor Full Bath
Dining Room Description Informal Dining Room,Living/Dining Room
Fuel Natural Gas
Garage Dimensions 21'1x21'6
Garage Door Width 7
Garage Square Feet 453

Exterior Features

Fencing None
Parking Features Attached Garage,Asphalt,Storage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.4
Building Area Total 2558
Lot Dimensions 100x180x100x184
Waterfront Y/N No
Foundation Area 1200
Road Frontage Type City Street,Curbs,Paved Streets,Storm Sewer
Road Responsibility Public Maintained Road

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

9/17/2026 Listed $515,000

Property vs Zip Code Average in 55305

Price
AVG $790K
$520K
Taxes
AVG $21,105
$5,938
Year Built
AVG 1983
1955
Visits
AVG 117
10
Data Provided by Inside Real Estate®

Areas That We Cover

3523 Arbor Lane Minnetonka, MN is a Single Family Home for sale at $515000 with 2207 sqft and a lot size of 0.4 Acres Acre(s). 3523 Arbor Lane Minnetonka has 4 bedrooms, 2 baths and was built in 1955. The property's zip code is 55305 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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