$10,000 Closing Credit¹
#6683854, Listing Office: Coldwell Banker Realty
$1,299,000 List price
702 Valley Way Hopkins, MN 55305
$10,000
Closing credit¹
2 beds
2 baths
2,692 sqft
$483 / sqft
House
Property details
About 702 Valley Way
One level dream home, purpose built for luxury style and ease of daily living. CUSTOMIZE THE LOWER LEVEL by finishing it to add an additional 2 BR, 1 Bath and bonus/rec room. Plans attached in supplement. Custom designed home built by local homebuilder, Hoxie Homes, known for luxury and high quality. House in the exclusive Knollwood neighborhood across the street from Oak Ridge Country Club in the highly sought after Hopkins school district. Oak Ridge neighborhood is only minutes from great shopping and the highway, allowing for easy access to downtown and the airport. House is situated on a special piece of property that includes a wetland area pond. During the summer the owner of this home can enjoy a fountain with an exceptional view of this natural beauty. Home was custom designed to be a high-end blend of modern style and purposeful living. With everything you would need all on one level and the ability to double the finished square footage by finishing the lower level. Meticulously cared for by the sole owner. Bonuses throughout include a large screened-in porch, incredible office with a murphy bed, and lots of amazing and thoughtful upgrade. See supplement. THIS IS A MUST SEE!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Fireplace(s), Radiant Floor
StatusActive
CoolingCentral Air, Zoned
Size2,692 sqft
BasementYes
Year built2014
ParkingAttached Garage, Asphalt, Finished Garage, Heated Garage, Insulated Garage
MLS #6708830
Attached garage2 spaces
FireplaceGas, Primary Bedroom
Summary
- Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Basement: Yes
- Fireplace: Gas, Primary Bedroom
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Asphalt, Finished Garage, Heated Garage, Insulated Garage
- Heating: Forced Air, Fireplace(s), Radiant Floor
- Cooling: Central Air, Zoned
- List Price: $1,299,000
- Price/SqFt: $482
- Annual Tax Amount: $14,843
- Tax Year: 2023
- Directions: Hwy 7 to Oak Ridge Road, to Wilshire Walk, left on Valley Way.
- Year Built: 2014
- Living Area: 2,692 SqFt
- MLS Number: 6708830
- MLS Name: NORTHSTAR
- Office Name: HomeAvenue Inc
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$1,299,000
702 Valley Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 15, 2013 | Home Sold | $174,788 |
| Jan 27, 2006 | Home Sold | $100,000 |
| Jul 06, 2004 | Home Sold | $737,266 |
| Jan 13, 2004 | Home Sold | $68,000 |
| Jan 13, 2004 | Home Sold | $150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $928,600 | $14,843 |
| 2022 | $882,000 | $14,089 |
| 2021 | $791,000 | $13,321 |
| 2020 | $739,000 | $12,371 |
| 2019 | $711,000 | $12,510 |
| 2018 | $703,000 | $12,393 |
| 2017 | $708,000 | $12,491 |
History based on county public records data.
Nearby schools
2
Alice Smith Elementary
Public District KG-6
0.4 mi
•801 Minnetonka Mills Rd
7
Xinxing Academy
Public District KG-6
0.4 mi
•1001 Highway 7
2
Eisenhower Elementary
Public District KG-6
0.4 mi
•1001 Highway 7
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 $66,055. The most common annual income of people living in Hopkins, MN is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
23%
<35k
47%
35k-100k
23%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
4%
Single, with Kids
25%
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
6%
12-17 yrs old
17%
18-34 yrs old
36%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Figure Skating
PGA/LPGA
Where do the neighbors shop?
Chico's
The Container Store
IKEA
Where do the neighbors go to eat?
Boston Market
Bob Evans
Cracker Barrel
What do the neighbors drive?
Volvo
Oldsmobile
Buick
What do the neighbors listen to?
Talk/Personality
News
Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 702 Valley Way
The listing price of 702 Valley Way property is $1,299,000.
The property 702 Valley Way is a house located in Hopkins, Minnesota, 55305.
Active Listing: 702 Valley Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 702 Valley Way are: Alice Smith Elementary (GreatSchools Rating 2/10), Xinxing Academy (GreatSchools Rating 7/10), Eisenhower Elementary (GreatSchools Rating 2/10), St. Louis Park Middle School (GreatSchools Rating 4/10), East Middle School (GreatSchools Rating 8/10), South View Middle School (GreatSchools Rating 7/10), Ubah Medical Academy Charter School (GreatSchools Rating 5/10), Hopkins North Junior High (GreatSchools Rating 4/10), Hopkins High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $14,843 (source: MLS/based on county public records data).
The last sale was on August 15, 2013 for $174,788 (source: MLS/tax record).
The property at 702 Valley Way has 2 bedrooms and 2 bathrooms.
The property 702 Valley Way is 2,692 SqFt (source: MLS/tax record).
The year of construction for 702 Valley Way is 2014.
This home is located at 702 Valley Way in Hopkins, MN and zip code 55305 in the Knollwood neighborhood. This 2,692 square foot home was built in 2014. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $1,299,000.
Over 14 listings were sold over their listed price in March 2025 in Hopkins, MN. In the same period over 20 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Hopkins, MN increased by 34.7% between February and March 2025. The median list price of listings available in March 2025 was $389,132, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.