Back 3521 Elm Lane
Off Market

3521 Elm Lane

Minnetonka MN 55305

4
3
2
3714 sq. ft.
16988.4 sq. ft.
Single-Family
Last sold for $395,000
Jodene RihaJodene Riha, last sold this property on 25 November 2025 after 37 days on market.

Overview

This 4-bedroom, 3 full bath home is a solid "as-is" opportunity in an established Minnetonka neighborhood, offering tremendous potential for updates and equity. The main floor features natural hardwood floors, a large living room with a wood fireplace and large picture window. The kitchen was updated with new cabinets and countertops. The main level features 2 bedrooms and a full bath. The roof is less than 8 years old. Upstairs, the walk-in closets in the bedrooms provide ample storage, and the lower level offers space to potentially add a fifth bedroom or use as a large office space. The three levels have full bathrooms. The fenced backyard is ideal for families, pets or outdoor entertaining. With a functional layout, strong bones, and room to customize, this home is perfect for investors or buyers looking to add personal touches and build value in a highly desireable Minnetonka location.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3714 sq. ft. floor area
16988.4 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Minnetonka over the last 12 months, the estimated median property value of 3521 Elm Lane is $580k.

Median value
$580k
Estimated value range
$315k - $2.28m
Median days on market
11
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Minnetonka. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3521 Elm Lane

2025
Sold
$395,000
25 Nov 2025 by Jodene Riha, of Real Broker, LLC

Happy sellers in Minnetonka

<50%
Less than 50% of sellers in Minnetonka reported that their sale price either exceeded or met their price expectations.

Minnetonka stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Minnetonka over the last 12 months.

Local market activity for 4 bedroom single-family properties in Minnetonka

In the last 12 months, 63 four-bedroom single-family properties similar to 3521 Elm Lane, have been sold.

This represents a 39% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Minnetonka

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent