3324 Martha Lane, Minnetonka, MN 55345

$480,000
4
BD
2
BA
2,106
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$480,000
List Price
$450,000
Days on Market
39
Closing Date
Apr 10, 2026
MLS#
7013465
Status
CLOSED
Type
Single Family Residential
Bedrooms
4
Bathrooms
2
Living Area
2,106
Acres
0.61
Subdivision
Marthas Wood
Year Built
1958

Property Description

Set on a generous lot within the highly regarded Minnetonka School District and serving Groveland Elementary, this property presents an exciting opportunity for buyers seeking an affordable entry point or a site for future redevelopment. The home offers a functional main-level layout highlighted by a Great Room with a classic brick fireplace, creating a warm focal point for everyday living. Three bedrooms are conveniently located on the main level, with a fourth bedroom in the lower level for added flexibility. The open kitchen features two windows overlooking the backyard, providing natural light and a connection to the outdoor space. A lower-level laundry room with utility sink adds practicality, while the two-car garage provides everyday parking and storage. Mechanical updates include a furnace replaced within the past few years and a water softener system already in place. An existing hail claim offers the opportunity for a buyer to install a new roof. Whether you choose to refresh the current home or envision building new, this property offers a solid foundation in a desirable location.

Additional Information

School District
Minnetonka
Amenities Unit
Ceiling Fan(s), Kitchen Window, Natural Woodwork, Patio, Tile Floors, Washer/Dryer Hookup
Appliances
Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
Tax Year
2025
Fencing
None
Fuel
Natural Gas
Lot Description
Tree Coverage - Medium
Sewer
City Sewer/Connected
Roof
Age Over 8 Years, Asphalt, Pitched
Air Conditioning
Central Air
Heating
Forced Air
Water
City Water/Connected
Basement
Block, Daylight/Lookout Windows, Finished, Full, Storage Space, Tile Shower, Walkout
Parking
Attached Garage, Asphalt, Garage Door Opener
Garage Spaces
2

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.