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5016 Shady Oak Road S

Minnetonka, MN 55343

2 beds
3 baths
2,052 sqft
~1/2 acre lot
$340 per sqft
1935 build
– on site

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.

Listing courtesy of NORTHSTAR / Lynne Gambucci / Compass

Last checked: Checking… • Last updated May 30, 2025 •

MLS# 6723334 —

The Building

Year Built:

1935
New Construction:

false
Age Of Property:

90
Construction Materials:

Cedar, Shake Siding
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

One and One Half
Main Level Finished Area:

938.0000
Basement:

Walkout
Basement:

true
Foundation Area:

938
Manufactured Home:

No
Building Area Total:

2052
Above Grade Finished Area:

1302
Below Grade Finished Area:

750

Interior

Dining Room Description:

Living/Dining Room
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Decorative, Gas
Amenities:

Ceiling Fan(s),Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Panoramic View

Room Dimensions

Living Area:

2052

Location

Directions:

Crosstown 62 to Shady Oak Rd. North on Shady Oak to the stop light at Shady Oak and K-Tel. Driveway is on the West side of intersection.
Latitude:

44.913161
Longitude:

-93.42834

The Property

Parcel Number:

2611722420008
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Many Trees
Lot Size Area:

0.58
Lot Size Dimensions:

57X278X171X297
Lot Size SqFt:

25264.8
Lot Size Units:

Acres
View:

Lake, West
Lake Chain:

N
Lake Acres:

90
Lake Depth:

35
Lake Bottom:

Sand
Water Body Name:

Shady Oak
Waterfront Feet:

278
Road Between Waterfront and Home:

No
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

7730
Tax With Assessments:

7730.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

3
Full Baths:

1
Three Quarter Baths:

1
Half Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler

Schools

High School District:

Hopkins

The Community

Waterfront:

true
Waterfront Features:

Lake Front
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Detached
Garage Spaces:

2
Garage SqFt:

576

Monthly cost estimate

Asking price

$699,000

Expense	Monthly cost
Mortgage	$3,742
Taxes	$644
Insurance	$192
Utilities	$214 See report
Total	$4,792/mo.^*
	^*This is an estimate

Explore the Area

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Sale history

Date	Event	Source	Price	% Change
5/29/25 May 29, 2025	Listed / Active	NORTHSTAR	$699,000
5/29/25 May 29, 2025	Coming Soon	NORTHSTAR	$699,000	-0.6% (-0.2% / YR)
8/1/22 Aug 1, 2022		NORTHSTAR	$703,500	4.2%

36% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $16k above asking price on average, but some went as high as $100k over asking price.

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This house located in Minnetonka, MN 55343 is currently for sale for $699,000. 5016 Shady Oak Road S is a 2,052 square foot house with 2 beds and 3 baths that has been on Estately for 3 days. This house is in the attendance area of Gatewood Elementary School, Hopkins High School, and Hopkins West Junior High School.

Listing Courtesy of: NORTHSTAR and Compass.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.