OFF MARKET

Off market mar 2023 for $550K

$624,107

Est. refi paymentEst. refi $4,416/mo

•

—

sq ft

5240 Ridgeway Dr, Minnetonka, MN 55345

About this home

Fantastic rambler with open floor plan. Huge kitchen island. Master suite with big walk-in closet and private master bathroom with heated floors. Everything in this house has been updated, all the mechanicals, roof, siding, windows, gutters, blown insulation, wire for EV car charger, too many more to list (see supplements). 2 fireplaces, 3 bedrooms on one level, laundry room on each floor. Great neighborhood, close to everything.

Single-familyProperty Type

1953Year Built

0.35 acresLot Size

2 car garageParking

Listed by Rodolfo Trujillo • RE/MAX Advantage Plus

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6332779

Redfin Estimate

$624,107

$74K since sold in March 2023$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.5% higher than the average sale price ($575K) of 6 comparable homes.

SOLD OCT 15, 2026
$765,000
A
4 beds3 baths— sq ft
11934 James Rd, Minnetonka, MN 55343
SOLD JUL 7, 2026
$475,000
B
4 beds3 baths— sq ft
4848 Arlington Dr, Minnetonka, MN 55343
SOLD AUG 24, 2026
$497,300
C
4 beds3 baths— sq ft
13001 Maywood Ln, Minnetonka, MN 55343
SOLD JUL 24, 2026
$502,500
D
4 beds2 baths— sq ft
13529 Bellevue Dr, Minnetonka, MN 55345
SOLD JUL 2, 2026
$650,000
E
4 beds3 baths— sq ft
4713 Fairhills Rd W, Minnetonka, MN 55345
SOLD JUL 20, 2026
$560,000
F
4 beds3 baths— sq ft
5409 Miracle Ln, Minnetonka, MN 55345

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Earn from this home

Sell

$175,199

Est. take-home

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Refinance

Est. cash available

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Rent

$3,187/mo

Redfin rental estimate

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Market trends in 55345, MN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.5%

0.5% MoM

Median sale price

$502K

$38K MoM

Avg. days on market

17d

2 days MoM

Recently sold homes

19 MoM

New listings for sale

OPEN SUN, 12PM TO 2PM
$450,000
3 beds2 baths1,725 sq ft
16401 Temple Dr S, Minnetonka, MN 55345
OPEN SUN, 12PM TO 2PM
$799,000
4 beds3 baths2,634 sq ft
18420 Old Excelsior Blvd, Minnetonka, MN 55345
OPEN SUN, 10AM TO 12PM
$1,300,000
4 beds4 baths5,656 sq ft
18600 Ridgewood Rd, Wayzata, MN 55391
OPEN SUN, 11AM TO 12PM
$757,000
4 beds2 baths2,719 sq ft
3904 Williston Rd, Minnetonka, MN 55345
$1,399,900
3 beds3 baths3,702 sq ft
5517 Dickson Rd, Minnetonka, MN 55345
$300,000
3 beds2 baths1,520 sq ft
6109 Creek View Trl, Minnetonka, MN 55345
OPEN SUN, 12PM TO 1:30PM
$550,000
4 beds2 baths2,090 sq ft
19151 Hanus Rd, Minnetonka, MN 55345
$1,299,000
5 beds5 baths4,586 sq ft
14629 Lake Street Ext, Minnetonka, MN 55345
$1,250,000
5 beds4 baths4,127 sq ft
4716 Fairhills Rd W, Minnetonka, MN 55345
$900,000
5 beds3 baths3,323 sq ft
5708 Glen Ave, Minnetonka, MN 55345
See all

Provided by Redfin

Sale history for 5240 Ridgeway Dr

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6332779

Mar 31, 2023

Sold

$550,000

Mar 14, 2023

Pending

—

Feb 26, 2023

Relisted

—

Feb 26, 2023

Price Changed

$544,900

Feb 20, 2023

Price Changed

$559,900

Feb 16, 2023

Listed

$574,900

Feb 14, 2023

Coming Soon

$574,900

NORTHSTARMLS as Distributed by MLS Grid #4591540

Jul 31, 2015

Sold

$345,000

Jun 30, 2015

Pending

—

Jun 18, 2015

Contingent

—

Jun 5, 2015

Price Changed

$350,000

May 17, 2015

Price Changed

$359,900

Apr 30, 2015

Listed

$369,900

+13

NORTHSTARMLS as Distributed by MLS Grid #4566653

Apr 13, 2015

Listing Removed

—

Mar 27, 2015

Price Changed

$379,900

Feb 27, 2015

Listed

$389,900

NORTHSTARMLS as Distributed by MLS Grid #4483261

Jul 21, 2014

Sold

$223,000

Jul 1, 2014

Pending

—

Jun 27, 2014

Relisted

—

Jun 3, 2014

Pending

—

May 22, 2014

Listed

$249,900

LSAR as distributed by WIREX #2182946

Jul 21, 2014

Sold

$223,000

May 21, 2014

Listed

$249,900

RASM #4622722

Jul 21, 2014

Sold

$223,000

May 21, 2014

Listed

$249,900

Year

Property tax

Land + Additions

Assessment*

2026

$7,215 (+8.0%)

$202,400 + $346,500

$548,900

2025

$6,682 (+5.6%)

$202,400 + $334,500

$536,900

2024

$6,328 (+9.9%)

$202,400 + $327,000

$529,400

2023

$5,760 (+8.2%)

$202,400 + $291,000

$493,400

2022

$5,325 (+6.2%)

$184,000 + $240,400

$424,400

2021

$5,013 (−1.6%)

2020

$5,095 (+5.4%)

2019

$4,834 (+4.0%)

2018

$4,649 (+10.2%)

2017

$4,218 (+20.7%)

2015

$3,496 (+1.6%)

2014

$3,442 (+0.5%)

2013

$3,425 (−3.0%)

2012

$3,530

Tax history for 5240 Ridgeway Dr

Year

Property tax

Land + Additions

Assessment*

2026

$7,215 (+8.0%)

$202,400 + $346,500

$548,900

2025

$6,682 (+5.6%)

$202,400 + $334,500

$536,900

2024

$6,328 (+9.9%)

$202,400 + $327,000

$529,400

2023

$5,760 (+8.2%)

$202,400 + $291,000

$493,400

2022

$5,325 (+6.2%)

$184,000 + $240,400

$424,400

2021

$5,013 (−1.6%)

2020

$5,095 (+5.4%)

2019

$4,834 (+4.0%)

2018

$4,649 (+10.2%)

2017

$4,218 (+20.7%)

2015

$3,496 (+1.6%)

2014

$3,442 (+0.5%)

2013

$3,425 (−3.0%)

2012

$3,530

*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

Baths

Stories

Lot width

141 ft.

Lot depth

111 ft.

Lot size

0.35 Acres

Year renovated

1995

Sq. Ft.

2,518

Year built

1953

Style

Single Family Residential

County

Hennepin County

APN

27 117 22 34 0044

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2026.

Property details

Parking

Parking Information
Parking Features: Detached, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener
Garage Spaces: 2
Garage Dimensions: 22x22
Garage Sq. Ft.: 484
Carport Spaces: 0

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 3
Description: Bathroom Ensuite,Full Basement,Main Floor Full Bath

Room 1 Information
Room Type: Kitchen
Room Dimensions: 22x15
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 14x13
Room Level: Main

Room 3 Information
Room Type: Living Room
Room Dimensions: 16x13
Room Level: Main

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 16x14
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 13x11
Room Level: Main

Room 6 Information
Room Type: Bedroom 3
Room Dimensions: 11x11
Room Level: Main

Room 7 Information
Room Type: Deck
Room Dimensions: 16x22
Room Level: Main

Room 8 Information
Room Type: Family Room
Room Dimensions: 24x12
Room Level: Lower

Room 9 Information
Room Type: Game Room
Room Dimensions: 17x16
Room Level: Lower

Room 10 Information
Room Type: Bedroom 4
Room Dimensions: 17x10
Room Level: Lower

Room 11 Information
Room Type: Laundry
Room Dimensions: 10x10
Room Level: Lower

Room 12 Information
Room Type: Patio
Room Dimensions: 16x16
Room Level: Lower

Basement Information
Has Basement
Basement Features: Block, Egress Window(s), Finished

Dining Room Information
Dining Room Features: Eat In Kitchen,Informal Dining Room

Other Rooms Information
3 BR on One Level,All Living Facilities on One Level,Main Floor Bedroom,Main Floor Laundry

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Brick, Family Room, Living Room, Wood Burning

Heating & Cooling
Heating Information: Forced Air, Radiant Floor
Cooling Information: Central Air

Interior Features
Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Deck, Family Room, Game Room, Bedroom 4, Laundry, Patio
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Fiber Cement
Foundation Area: 1,274
Roof: Age 8 Years or Less, Asphalt

Exterior Features
Patio Porch Type: Composite Decking,Deck,Front Porch,Patio
Fencing: Chain Link

Property Information
Above Ground Total Sq. Ft.: 1,626
Below Ground Total Sq. Ft.: 1,274
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,626
Below Grade Finished Area: 1,274
Amenities: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Washer/Dryer Hookup,Walk-In Closet

Lot Information
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Dimensions: 127x111x133x115
Road Frontage Type: City Street

Financial

Tax Information
Tax Annual Amount: $5,325
Tax Year: 2022
Tax With Assessments: $5,325

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Electric: Circuit Breakers
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: Hopkins
School District Number: 270
School District Phone: 952-988-4000

Location Information
Directions: Excelsior Blvd. west to Crestwood Rd, turn left (south), to Ridgeway Dr, turn left (east)
Map Coordinate: 118-E3

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,518
Stories: 1.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1995
County: Hennepin County
APN: 27 117 22 34 0044

Home facts updated by county records on Oct 17, 2026

Other

Home Information
Living Area: 2900
Main Level Finished Area: 1626.0000
Building Area Total: 2900
Age Of Property: 72
Levels: One

Around this home

Schools

Gatewood Elementary School

Public PreK-5 • Assigned • 1.1mi

2/10

Hopkins West Junior High School

Public 6-8 • Assigned • 1.7mi

5/10

Hopkins Senior High School

Public 9-12 • Assigned • 4.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Minnetonka, MN • 55345

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$593,000 – $718,000

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Nearby similar homes

OPEN SUN, 2PM TO 4PM

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OPEN SUN, 12PM TO 2PM

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New listings for sale in 55345

OPEN SUN, 12PM TO 2PM

$450,000

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16401 Temple Dr S, Minnetonka, MN 55345

OPEN SUN, 12PM TO 2PM

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OPEN SUN, 10AM TO 12PM3D WALKTHROUGH

$1,300,000

4 beds4 baths5,656 sq ft

18600 Ridgewood Rd, Wayzata, MN 55391

OPEN SUN, 11AM TO 12PM

$757,000

4 beds2 baths2,719 sq ft

3904 Williston Rd, Minnetonka, MN 55345

$1,399,900

3 beds3 baths3,702 sq ft

5517 Dickson Rd, Minnetonka, MN 55345

$300,000

3 beds2 baths1,520 sq ft

6109 Creek View Trl, Minnetonka, MN 55345

OPEN SUN, 12PM TO 1:30PM

$550,000

4 beds2 baths2,090 sq ft

19151 Hanus Rd, Minnetonka, MN 55345

$1,299,000

5 beds5 baths4,586 sq ft

14629 Lake Street Ext, Minnetonka, MN 55345

$1,250,000

5 beds4 baths4,127 sq ft

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Home values near 5240 Ridgeway Dr

Data from public records.

Address	Redfin Estimate
5239 Ridgeway Drive, Minnetonka, MN 3 Beds \| 2 Baths \| 1764 Sq. Ft.	$464,551
5261 Ridgeway Drive, Minnetonka, MN 3 Beds \| 2 Baths \| 2331 Sq. Ft.	$440,537

Address	Redfin Estimate
5247 Ridgeway Drive, Minnetonka, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$491,169
5255 Ridgeway Drive, Minnetonka, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$454,745

Address	Redfin Estimate
5250 Ridgeway Drive, Minnetonka, MN 2 Beds \| 2 Baths \| 1891 Sq. Ft.	$443,811
5267 Ridgeway Drive, Minnetonka, MN 3 Beds \| 2 Baths \| 1688 Sq. Ft.	$404,390

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55345, MN

Sale history for 5240 Ridgeway Dr

Tax history for 5240 Ridgeway Dr

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55345

Home values near 5240 Ridgeway Dr

More real estate resources