3551 Lilac Ln

Off Market

3551 Lilac Ln

Minnetonka MN 55345

2989 sq. ft.

0.42 ac.

Single-Family

Last sold for $615,000

Leah Arkelin, last sold this property on 31 March 2026 after 32 days on market.

Overview

***MULTIPLE OFFERS RECEIVED. Highest and best due Sunday, 3/1 at 6PM.*** Welcome to 3551 Lilac Lane! This beautifully updated home offers easy one-level living in a prime Minnetonka location. Groveland Elementary is within walking distance, and you’re just steps from Lakewinds Co-Op, restaurants, coffee shops, banking, and Lifetime Fitness — making everyday living incredibly convenient. Set on an almost half-acre corner lot surrounded by mature trees, the home features updated hardwood floors, stylish lighting, new high-end Pella windows throughout, and vaulted ceilings with wood beams that add warmth and architectural character. The open-concept kitchen, dining, and living areas are filled with natural light and designed to be ideal for entertaining while still feeling comfortable and functional for everyday family life. Cambria quartz countertops, a new smart dishwasher (2026), skylight, and two sliding doors leading to the spacious deck and backyard firepit complete the space. The main floor includes a primary bedroom with a ¾ bath and convenient main level laundry. The finished lower level with an additional ¾ bath offers flexible space for guests, an office, workout area, or playroom. A brand-new roof (2025) adds peace of mind, and boat storage attached to the garage is a rare bonus — all less than a mile from Gray’s Bay on Lake Minnetonka. A move-in ready home in the award-winning Minnetonka School District with space, updates, and an unbeatable location just waiting for you!

Features

2 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

2989 sq. ft. floor area

0.42 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Minnetonka over the last 12 months, the estimated median property value of 3551 Lilac Ln is $350k.

Median value

$350k

Estimated value range

$229k - $615k

Median days on market

Estimated value trend

-7%

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 3551 Lilac Ln

2026

Sold

$615,000

31 Mar 2026 by Leah Arkelin

2019

Sold

$398,000

30 Apr 2019

2014

Sold

$279,900

30 Jun 2014 by Michael Field, of Edina Realty, Inc.

Happy sellers in Minnetonka

92%

92% of sellers in Minnetonka reported that their sale price either exceeded or met their price expectations.

Minnetonka stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Minnetonka over the last 12 months.

Local market activity for 2 bedroom single-family properties in Minnetonka

In the last 12 months, 11 two-bedroom single-family properties similar to 3551 Lilac Ln, have been sold.

This represents a 33% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Minnetonka for a market analysis.

Kristi Weinstock

at Coldwell Banker Realty

(24 reviews)

Get a market analysis

Justin Tolle

at Keller Williams Classic Rlty NW

(38 reviews)

Get a market analysis

Raymond Quist

at REMAX Results | Wayzata

(57 reviews)

Get a market analysis

Taryn Kelzer

at Coldwell Banker Realty

(3 reviews)

Get a market analysis

Nearby agents

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

Kristi Weinstock

Kristi Weinstock is an award winning recommended agent for Minnetonka. They have 8 local sales and collected 2 local reviews across the last 12 months.