#6675449, Listing Office: Compass
$840,000 List price
4685 Lakeway Ter Shorewood, MN 55331
$9,975
Closing credit¹
4 beds
1 full
2,347 sqft
$358 / sqft
House
Property details
About 4685 Lakeway Ter
Located in the highly sought-after Minnetonka School District, this turnkey home has been beautifully updated by the current owners to blend timeless charm with modern function. With fresh, stylish finishes throughout—including a renovated kitchen, updated baths, new mechanicals, and more—no detail has been overlooked. The well-designed layout lives spaciously and is ideal for both daily living and entertaining, featuring a stunning screened porch and a beautifully landscaped backyard. Tucked away on a quiet street yet minutes from the Lake Minnetonka Regional Trail, downtown Excelsior, and three local beaches, this home offers the perfect blend of comfort, style, and location.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusComing Soon
CoolingCentral Air
Size2,347 sqft
BasementYes
Year built1967
ParkingAttached Garage, Concrete, Garage Door Opener
MLS #6699048
Attached garage2 spaces
FireplaceFamily Room, Living Room, Stone, Wood Burning
Active DateMay 02, 2025
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Stainless Steel Appliances, Washer, Water Softener
- Basement: Yes
- Fireplace: Family Room, Living Room, Stone, Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Concrete, Garage Door Opener
- Heating: Forced Air
- Cooling: Central Air
- List Price: $840,000
- Price/SqFt: $357
- Annual Tax Amount: $6,884
- Tax Year: 2023
- Lot: Many Trees
- Directions: Minnetonka Blvd to Lakeway Terrace
- Year Built: 1967
- Living Area: 2,347 SqFt
- MLS Number: 6699048
- MLS Name: NORTHSTAR
- Office Name: Edina Realty, Inc.
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$840,000
4685 Lakeway Ter
$9,975
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $597,200 | $6,884 |
| 2022 | $549,000 | $6,334 |
| 2021 | $437,000 | $5,563 |
| 2020 | $400,000 | $5,128 |
History based on county public records data.
Nearby schools
8
Deephaven Elementary
Public District KG-5
1.0 mi
•4452 Vinehill Rd
9
Excelsior Elementary
Public District KG-5
1.8 mi
•441 Oak St
8
Clear Springs Elementary
Public District KG-5
2.1 mi
•5701 County Road 101
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,750. The most common annual income of people living in Shorewood, MN is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
16%
<35k
36%
35k-100k
30%
100k-200k
18%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
5%
Single, with Kids
41%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
8%
18-34 yrs old
48%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Hiking/backpacking
Where do the neighbors shop?
Chico's
Nordstrom
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Cadillac
BMW
Mazda
What do the neighbors listen to?
Classical
Talk/Personality
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4685 Lakeway Ter
The listing price of 4685 Lakeway Ter property is $840,000.
The property 4685 Lakeway Ter is a house located in Shorewood, Minnesota, 55331.
Coming Soon: 4685 Lakeway Ter is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 4685 Lakeway Ter are: Deephaven Elementary (GreatSchools Rating 8/10), Excelsior Elementary (GreatSchools Rating 9/10), Clear Springs Elementary (GreatSchools Rating 8/10), Minnetonka Middle School East (GreatSchools Rating 9/10), Minnetonka Middle School West (GreatSchools Rating 9/10), West Middle School (GreatSchools Rating 8/10), Minnetonka High School (GreatSchools Rating 10/10), Eden Prairie High School (GreatSchools Rating 8/10), Hopkins West Junior High (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $6,884 (source: MLS/based on county public records data).
The property at 4685 Lakeway Ter has 4 bedrooms and 2 bathrooms.
The property 4685 Lakeway Ter is 2,347 SqFt (source: MLS/tax record).
The year of construction for 4685 Lakeway Ter is 1967.
This home is located at 4685 Lakeway Ter in Shorewood, MN and zip code 55331 in the Tonkawood Estates neighborhood. This 2,347 square foot home was built in 1967. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $840,000.
Over 0 listings were sold over their listed price in March 2025 in Shorewood, MN. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Shorewood, MN between February and March 2025 increased by 25%. The median list price of listings available in March 2025 was $700,000, while the average time on the real estate market was 15 days.
From Rocket Homes Real Estate and based on county public records data.