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5423 Butternut Circle, 
Minnetonka, MN 55343

$489,900


3

Beds


4

Baths


3,042

Sq Ft


Townhouse


Virtual Tour

Active

952-844-6000

Last updated:

August 8, 2026, 12:11 AM

MLS#

7119408

Source:

NSMLS

Company Logo

About This Home

5423 Butternut Circle

Thoughtfully updated and meticulously maintained, this exceptional 3 bedroom, 4 bathroom townhome offers an exceptional blend of space, privacy, and convenience in the heart of Minnetonka. Backing to mature trees and nature, the home lives like a private retreat, with bike trails, multiple commuting options, and walking paths leading to Shady Oak Lake, the beach, and park just a short walk from your front door. A dramatic two story foyer and grand staircase welcome you inside, opening to expansive living spaces filled with natural light. The spacious kitchen offers abundant cabinetry, generous counter space, and effortless flow into the dining area, incredible sunroom, and adjoining deck, making everyday living and entertaining a breeze. The inviting living room is anchored by oversized windows that bring the outdoors in and offers direct access to the deck. Upstairs, the expansive owner's suite feels like a luxury retreat, complete with a cozy fireplace, private balcony perched among the treetops, a spacious ensuite bath, and walk in closet. Skip the blinds and wake up to peaceful views of nature every morning. A generously sized second bedroom and full bath complete the upper level. The finished lower level is another standout, featuring a spacious family room with large windows that fill the space with natural light, a third bedroom with flexibility for a home office, exercise room, or guest suite, plus an additional bathroom. Recent improvements include a brand new roof, siding replaced approximately seven years ago, updates to the deck, replaced garage doors, updated lighting, and new carpet throughout the main and upper levels. Additional highlights include main floor laundry, an oversized two car garage, abundant storage, and exceptional pride of ownership throughout. Enjoy low maintenance townhome living without sacrificing space, privacy, or your connection to nature.

Home Facts

Townhouse

4 Baths

3 Bedrooms

Built in 1990

Subdivision & Development:

Lake Forest

Price Summary

489,900

$161 per Sq. Ft.

MLS #:

7119408

Last Updated:

August 8, 2026, 12:11 AM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

3,042 Sq. Ft.


Structure

Structure

Building Area:

3,210 Sq. Ft.

Year Built:

1990


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$489,900

Price per Sq. Ft:

$161 per Sq. Ft.

5423 Butternut Circle
Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.