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$5,000,000

1989 Dwight Ln Minnetonka, MN 55305

3 beds
2 full, 2 partial
10,614 sqft
$471 / sqft
House

Property details

About 1989 Dwight Ln

Exquisite Custom Home in Prime Minnetonka Location Welcome to this stunning and truly one-of-a-kind custom home, perfectly situated on a private 1.82+ acre lot in the heart of Minnetonka. Surrounded by mature trees and offering serene pond views, this property provides a rare combination of natural beauty, privacy, and luxury living. As you approach, an elegant paver driveway leads to an impressive front entrance with grand double doors that set the tone for what lies within. Step into the breathtaking foyer, where natural light pours in through a striking cupola above and glass doors open to an elevated patio—creating a seamless connection between indoor and outdoor living. The formal dining room is a showstopper, featuring a dazzling crystal chandelier that adds timeless elegance to every gathering. At the heart of the home is a chef’s dream kitchen, equipped with top-of-the-line appliances and anchored by a massive 20' x 21' island. This island is not only a beautiful centerpiece but also a highly functional space for meal prep, serving, and storage. A fully equipped butler’s pantry connects the kitchen to the formal dining area, making entertaining effortless. Adjacent to the kitchen is a well-appointed office, ideally located near the back entry for convenience. The living room boasts soaring vaulted ceilings with exposed beams and a cozy fireplace, offering a warm and inviting space to relax or entertain. Expansive windows frame picturesque views of the surrounding landscape, bringing the outdoors in. A richly finished library with custom bookcases and hardwood floors provides a quiet retreat for reading or working from home. The Primary Suite is a luxurious sanctuary, featuring large windows that overlook the scenic lot, elegant ceiling treatments with cove lighting, and two spacious walk-in closets—each with its own island. A private dressing room separates the sleeping quarters from the spa-like Primary Bath, which includes dual vanities, two water closets, a large soaking tub, and a double-headed walk-in shower. Take your choice of two staircases or the convenient elevator to access the expansive lower level. With abundant natural light and a walk-out design, this level feels just as bright and open as the main floor. It includes two additional bedroom suites and a large flex room that could easily be converted into a fourth suite if desired. Entertainment options abound with a projection TV area and a full bar that can double as a second kitchen. Wellness amenities include a dedicated exercise room with a hot tub, as well as a luxurious bath complete with a sauna and steam shower—perfect for unwinding after a long day. This exceptional home offers a rare blend of sophistication, comfort, and functionality in one of Minnetonka’s most sought-after locations.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Radiant, Zoned
StatusActive
CoolingCentral Air, Zoned
Size10,614 sqft
BasementYes
Year built2004
ParkingAttached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Other
MLS #6718700
Attached garage4 spaces
FireplaceTwo Sided, Family Room, Gas, Living Room

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Two Sided, Family Room, Gas, Living Room
  • Total Bedroom Count: 3
  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Other
  • Heating: Forced Air, Radiant, Zoned
  • Cooling: Central Air, Zoned
  • List Price: $5,000,000
  • Price/SqFt: $471
  • HOA Amount: $0
  • Annual Tax Amount: $37,145
  • Tax Year: 2023
  • Directions: 394 to Plymouth Road South, to Hilloway East to Dwight Lane and go to end of street on Right.
  • Year Built: 2004
  • Living Area: 10,614 SqFt
  • MLS Number: 6718700
  • MLS Name: NORTHSTAR
  • Office Name: Edina Realty, Inc.

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Last updated on: 7/16/2025, 5:37:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$2,698,100$37,145
2022$2,641,300$36,804
2021$2,190,700$34,000
2020$2,169,100$33,330
2019$2,177,400$34,723
2018$2,114,000$33,390
2017$2,013,500$32,457

History based on county public records data.

Nearby schools

4

L.H. Tanglen Elementary

Public District KG-6

0.8 mi

10901 Hillside Ln W

7

Sunset Hill Elementary School

Public District KG-5

1.3 mi

13005 Sunset Trl

8

Park Spanish Immersion Elementary School

Public District KG-5

1.7 mi

9400 Cedar Lake Rd S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $122,356. Residents of Minnetonka, MN typically earn $200k+ each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
20%
35k-100k
22%
100k-200k
39%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
4%
Single, with Kids
44%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
53%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Chico'sChico's

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • CadillacCadillac

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1989 Dwight Ln

The listing price of 1989 Dwight Ln property is $5,000,000.

The property 1989 Dwight Ln is a house located in Minnetonka, Minnesota, 55305.

Active Listing: 1989 Dwight Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1989 Dwight Ln are: L.H. Tanglen Elementary (GreatSchools Rating 4/10), Sunset Hill Elementary School (GreatSchools Rating 7/10), Park Spanish Immersion Elementary School (GreatSchools Rating 8/10), East Middle School (GreatSchools Rating 8/10), St. Louis Park Middle School (GreatSchools Rating 4/10), Central Middle School (GreatSchools Rating 7/10), Hopkins High School (GreatSchools Rating 7/10), Hopkins North Junior High (GreatSchools Rating 4/10), Hopkins West Junior High (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $37,145 (source: MLS/based on county public records data).

The property at 1989 Dwight Ln has 3 bedrooms and 2 full and 2 half bathrooms.

The property 1989 Dwight Ln is 10,614 SqFt (source: MLS/tax record).

The year of construction for 1989 Dwight Ln is 2004.

This home is located at 1989 Dwight Ln in Minnetonka, MN and zip code 55305 in the Sherwood Forest neighborhood. This 10,614 square foot home was built in 2004. Features: 3 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $5,000,000.

In June 2025 more than 36 listings in Minnetonka, MN were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 27 were sold below. Between May and June 2025, Minnetonka, MN real estate market has seen increase in the number of listings by 7.9%. While the average time on the market in June 2025 was 19 days, the median list price was $501,000.

From Rocket Homes Real Estate and based on county public records data.

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