#6755978, Listing office: Edina Realty, Inc.
$624,900 List price
701 Somerwood Way Waconia, MN 55387
3 beds
1 full, 1 partial
3,112 sqft
$201 / sqft
Townhouse
Property details
About 701 Somerwood Way
Relaxed luxury meets carefree living in this single-level detached villa townhome. The kitchen features custom alder cabinetry, granite counters, hardwood floors, vaulted ceilings, top of the line stainless Bosch appliances, and a center-island. Fine finishes and an open-feel floorplan with vaulted ceilings, are surrounded by large windows providing tons of natural light. The sun room located just off the kitchen area, provides the perfect place to read, relax, and enjoy peaceful moments. A large living room showcases a gas fireplace which is flanked by custom built-in cabinetry and a beautiful mantle. The main-floor owner's suite offers a jetted tub, separate shower, double sinks and a generous walk-in closet. Also located on the main floor are the home office, laundry and mud rooms with built-in storage, and granite counters. An elegant dining room is also located on the main floor. The fully finished walk-out lower level is home to a grand family room, finished with custom built-ins and granite countertops. Two lower-level bedrooms share a beautiful bathroom finished to the same level and detail as the rest of the home. Walk out to the private covered patio and be delighted with a retractable power screen system to keep you comfortable as you enjoy the manicured yard. Additional unfinished storage space is also located in the lower level. A small neighborhood association cares for the yard and snow removal, as well as outside maintenance of the home. This luxury detached townhome embodies the perfect blend of elegance, comfort, and functionality. It is in like-new condition and has been meticulously maintained and cared for.
Highlights
Home typeTownhouse
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,112 sqft
BasementYes
Year built2017
ParkingAttached Garage, Concrete
MLS #6713025
Attached garage2 spaces
FireplaceGas, Living Room
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
- Basement: Yes
- Fireplace: Gas, Living Room
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Concrete
- Heating: Forced Air
- Cooling: Central Air
- List Price: $624,900
- Price/SqFt: $200
- HOA Amount: $200 Monthly
- Annual Tax Amount: $7,146
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Engler Blvd to Somerwood Drive - North to Somerwood Way. Please park in driveway.
- Year Built: 2017
- Living Area: 3,112 SqFt
- MLS Number: 6713025
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 03, 2018 | Home Sold | $480,179 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $572,000 | $7,146 |
| 2023 | $572,000 | $6,928 |
| 2022 | $569,200 | $7,434 |
| 2021 | $507,600 | $7,220 |
| 2019 | $511,900 | $7,060 |
| 2018 | $457,400 | $6,762 |
| 2017 | $61,300 | $1,082 |
History based on county public records data.
Nearby schools
9
Laketown Elementary School
Public District KG-5
0.7 mi
•960 Airport Rd
6
Southview Elementary School
Public District KG-5
1.1 mi
•225 W 4th St
6
Bayview Elementary School
Public District KG-5
1.5 mi
•24 S Walnut St
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 $101,285. Most Waconia, MN residents have annual incomes between $100k-200k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
6%
<35k
43%
35k-100k
46%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
21%
Single, No Kids
9%
Single, with Kids
20%
Married, No Kids
50%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
27%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
College Football
PGA/LPGA
Where do the neighbors shop?
BJs Wholesale Club
Best Buy
Stein Mart
Where do the neighbors go to eat?
Panera
Texas Roadhouse
Cracker Barrel
What do the neighbors drive?
Infiniti
Ram
Lexus
What do the neighbors listen to?
Adult Hits
Contemporary Christian
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 701 Somerwood Way
The listing price of 701 Somerwood Way property is $624,900.
The property 701 Somerwood Way is a townhouse located in Waconia, Minnesota, 55387.
Active Listing: 701 Somerwood Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 701 Somerwood Way are: Laketown Elementary School (GreatSchools Rating 9/10), Southview Elementary School (GreatSchools Rating 6/10), Bayview Elementary School (GreatSchools Rating 6/10), Waconia Middle School (GreatSchools Rating 6/10), Cologne Academy (GreatSchools Rating 10/10), World Learner Charter School (GreatSchools Rating 6/10), Waconia High School (GreatSchools Rating 6/10), Waconia Learning Center (GreatSchools Rating 5/10), 112 Area Learning Center Independent Study (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $7,146 (source: MLS/based on county public records data).
The last sale was on January 3, 2018 for $480,179 (source: MLS/tax record).
The property at 701 Somerwood Way has 3 bedrooms and 1 full and 1 half bathrooms.
The property 701 Somerwood Way is 3,112 SqFt (source: MLS/tax record).
The year of construction for 701 Somerwood Way is 2017.
This home is located at 701 Somerwood Way in Waconia, MN and zip code 55387. This 3,112 square foot home was built in 2017. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $624,900.
In June 2025 more than 8 listings in Waconia, MN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in Waconia, MN increased by 25.6% between May and June 2025. While the average time on the market in June 2025 was 35 days, the median list price was $471,275.
From Rocket Homes Real Estate and based on county public records data.