Discover a rare opportunity to own a modern, renovated lakefront home at 5016 Shady Oak Road in Minnetonka. Enjoy 278 feet of lakeshore on the serene Shady Oak Lake. This 2,052 sq. ft. residence offers two bedrooms and three bathrooms, with a lower level living area that cleverly converts to a second bedroom. Inside, you'll find open, airy spaces, a chef's kitchen, built-ins, both decorative and a working gas fireplace and a sunlit solarium. Step onto the deck to take in stunning, west facing, lakefront views. The lush landscaping provides ample space for outdoor enjoyment, and a sandy shoreline awaits your personal touch. Located just minutes from shopping and entertainment, this home combines lakeside tranquility with convenient access to suburban amenities.
Modern cottage with mid-century decor offers beautiful renovations both inside and out, boasting incredible views and lush greenery. The picturesque deck and patio expand the living space to the outdoors, highlighting the beauty of approx. 300’ of shoreline on spring-fed, recreational Shady Oak Lake. The interior spaces are open and airy with lake views from every room. Enjoy the chef worthy kitchen, beautiful built-in's, a sunlit solarium with potting area and sink, and an entire floor dedicated to the Owner’s Suite. The lower level living room can easily be converted to a second bedroom with its discreet Murphy Bed. Located just minutes away from shopping, entertainment, and walking/biking paths, this tranquil setting on water gives a vacation vibe every day.
NORTHSTARMLS as Distributed by MLS Grid #4084169
Nov 20, 2011
Listing Removed
—
Sep 7, 2011
Listed
$499,000
Public Records
Jun 9, 1993
Sold
$132,000
Public Records
May 1, 1985
Sold
$84,500
Year
Property tax
Land + Additions
Assessment*
2026
$9,269 (+10.8%)
$365,500 + $313,900
$679,400
2025
$8,364 (+8.2%)
$365,500 + $283,800
$649,300
2024
$7,730 (+31.4%)
$365,500 + $261,200
$626,700
2023
$5,884 (+5.0%)
$289,300 + $214,000
$503,300
2022
$5,606 (+6.7%)
$263,000 + $183,800
$446,800
2021
$5,252 (−2.7%)
$263,000 + $160,700
$423,700
2020
$5,399 (+6.4%)
2019
$5,073 (+15.4%)
2018
$4,395 (+17.1%)
2017
$3,752 (−17.5%)
2015
$4,548 (−1.9%)
2014
$4,636 (+1.9%)
2013
$4,551 (+3.9%)
2012
$4,379
Tax history for 5016 Shady Oak Rd S
Year
Property tax
Land + Additions
Assessment*
2026
$9,269 (+10.8%)
$365,500 + $313,900
$679,400
2025
$8,364 (+8.2%)
$365,500 + $283,800
$649,300
2024
$7,730 (+31.4%)
$365,500 + $261,200
$626,700
2023
$5,884 (+5.0%)
$289,300 + $214,000
$503,300
2022
$5,606 (+6.7%)
$263,000 + $183,800
$446,800
2021
$5,252 (−2.7%)
$263,000 + $160,700
$423,700
2020
$5,399 (+6.4%)
2019
$5,073 (+15.4%)
2018
$4,395 (+17.1%)
2017
$3,752 (−17.5%)
2015
$4,548 (−1.9%)
2014
$4,636 (+1.9%)
2013
$4,551 (+3.9%)
2012
$4,379
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
2
Baths
2.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.58 Acres
Year renovated
2005
Sq. Ft.
2,052
Year built
1935
Style
Single Family Residential
County
Hennepin County
APN
26 117 22 42 0008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Jun 15, 2022 • Final
Mechanical
Replace the air conditioning unit and furnace.
HVAC
Oct 19, 2021 • Final
Building
Tear off and replace the roof on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.