DEEDED LAKE ACCESS TO LAKE MINNETONKA Why just live near the lake... when you can belong to it? Welcome to 5490 Ridgewood Cove—a rare opportunity to live in a home that doesn’t just sit on the land, it’s rooted in community, character, and connection. Nestled on a wooded .78-acre lot in Minnetrista with deeded dock rights to Lake Minnetonka, this 5-level retreat is a place where life slows down just enough to breathe, laugh, gather, and grow. Designed for those who believe home should inspire connection, this thoughtfully crafted residence offers space to host, room to retreat, and features that speak to quality: from cement board siding and copper gutters, to a massive vaulted kitchen with two dishwashers, prep sink, and views out to the trees and sky. Entertain effortlessly inside and out—with multiple decks, open living spaces, and even a studio apartment with a private entrance, fireplace, and kitchenette. The private owner’s suite—with dual decks, spa-like bath, and full light on both ends—offers the perfect sanctuary above the rest of the home. Three additional bedrooms upstairs, multiple living spaces, and a tuckunder workshop garage make this home as functional as it is unique. And it’s not just the house—it’s the neighborhood. A quiet, dead-end street with a deep sense of belonging. Where maple and oak trees offer a canopy of color in fall and a lush green oasis in summer. Where the shared docks are brand-new, composite-built, and ready to last for years to come. Where the lake is more than a view—it’s a way of life. This is a place built for people who believe that where you live should reflect how you live. If you’re looking for more than just a house...if you’re looking for home...you may have just found it.
Large unique 5 level home w/dock rights on Lake Minnetonka! Nestled on a private, wooded lot with seasonal lake views. You will fall in love with the character & craftmanship in this home. Vaulted kitchen with granite, marble, sub zero fridge, 2 Bosch dishwashers, prep sink, huge island, tons of natural light and terrific views out to the deck/yard. Open concept dining area and spacious living room. Beautiful family room with natural wood floors and fireplace. Incredible Owners suite offers glass doors on each end with private decks, lots of windows for natural light and great spa like bath. 3 bedrooms on the upper level and full bath. Studio apt/family room has a kitchenette, fireplace, & full bath that walks out. Tuckunder single garage is just another bonus!! Dock rights through association and there may be 1 year out of 7 years that a slip may not be available....typically not an issue most years. Buyer to verify measurements and square footage.
NORTHSTARMLS as Distributed by MLS Grid #5224902
Jul 26, 2019
Listing Removed
—
Jul 3, 2019
Price Changed
$597,900
Jun 10, 2019
Price Changed
$624,900
May 24, 2019
Price Changed
$649,500
May 3, 2019
Listed
$694,900
NORTHSTARMLS as Distributed by MLS Grid #4330162
Apr 29, 2013
Sold
$420,000
Feb 12, 2013
Listing Removed
—
Jan 20, 2013
Listed
$400,000
NORTHSTARMLS as Distributed by MLS Grid #3698605
Oct 29, 2009
Listing Removed
—
Jun 12, 2009
Listed
$799,900
Public Records
Mar 1, 1977
Sold
$70,000
Year
Property tax
Land + Additions
Assessment*
2026
$8,899 (−4.9%)
$230,000 + $618,600
$848,600
2025
$9,356 (+13.6%)
$248,000 + $660,400
$908,400
2024
$8,236 (+18.8%)
$242,000 + $602,700
$844,700
2023
$6,932 (+11.0%)
$220,000 + $545,000
$765,000
2022
$6,244 (+4.7%)
$150,000 + $457,000
$607,000
2021
$5,961 (−4.6%)
$150,000 + $427,000
$577,000
2020
$6,251 (+4.7%)
$150,000 + $416,000
$566,000
2019
$5,972 (−1.3%)
$150,000 + $391,000
$541,000
2018
$6,048 (+0.8%)
$150,000 + $378,000
$528,000
2017
$6,003 (+8.4%)
$150,000 + $365,000
$515,000
2015
$5,539 (−1.2%)
$120,000 + $342,000
$462,000
2014
$5,604 (−2.3%)
$120,000 + $330,000
$450,000
2013
$5,738 (+1.8%)
$120,000 + $349,000
$469,000
2012
$5,637
$130,000 + $351,000
$481,000
Tax history for 5490 Ridgewood Cv
Year
Property tax
Land + Additions
Assessment*
2026
$8,899 (−4.9%)
$230,000 + $618,600
$848,600
2025
$9,356 (+13.6%)
$248,000 + $660,400
$908,400
2024
$8,236 (+18.8%)
$242,000 + $602,700
$844,700
2023
$6,932 (+11.0%)
$220,000 + $545,000
$765,000
2022
$6,244 (+4.7%)
$150,000 + $457,000
$607,000
2021
$5,961 (−4.6%)
$150,000 + $427,000
$577,000
2020
$6,251 (+4.7%)
$150,000 + $416,000
$566,000
2019
$5,972 (−1.3%)
$150,000 + $391,000
$541,000
2018
$6,048 (+0.8%)
$150,000 + $378,000
$528,000
2017
$6,003 (+8.4%)
$150,000 + $365,000
$515,000
2015
$5,539 (−1.2%)
$120,000 + $342,000
$462,000
2014
$5,604 (−2.3%)
$120,000 + $330,000
$450,000
2013
$5,738 (+1.8%)
$120,000 + $349,000
$469,000
2012
$5,637
$130,000 + $351,000
$481,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
4
Stories
2
Lot width
200 ft.
Lot depth
170 ft.
Lot size
0.78 Acres
Year renovated
2005
Sq. Ft.
4,068
Year built
1963
Style
Single Family Residential
County
Hennepin County
APN
12 117 24 23 0029
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Property details
Parking
Parking Information
Parking Features: Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage
Garage Spaces: 3
Garage Sq. Ft.: 690
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Baths (Total): 3
# of Three Quarter Baths (Total): 1
Description: Double Sink,Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor 3/4 Bath,Main Floor Full Bath,Steam Shower,Upper Level Full Bath,Primary Walk-Thru,Jetted Tub
Appliances: Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
Exterior
Building Information
Construction Materials: Brick/Stone, Fiber Cement, Engineered Wood