5926 Lone Lake Loop

By Owner

MINNETONKA, MN, 55343

Property Description

5 Bedrooms

4.0 Baths

3,909 SQ FT

2011 Built

0.17 Acres

$799,000

- Contemporary layout, lofted ceilings, 3 car garage, reasonably recent build, some updates/additions - Partially finished basement with bedroom / bathroom suitable for regular use, guest suite, office area, play area, in-law apartment or short-term rental - Small lot with minimal yard maintenance - Light rail station in progress 1 mile away - Elite school options at Minnetonka, Edina, Hopkins, Eden Prairie, Blake Academy, Eagle Ridge Academy and International School all within minutes - Other stuff that doesn’t show up in a Zillow Zestimate: * Includes a transferable mortgage @ 2.25% with ~27 years remaining to cover ~60% of the purchase price. Savings of $1500/month in interest expense vs current rates (7.5%). If you never refinance, that’s a $200K+ present day value. If you do refinance, you already saved a ton and it’s very unlikely a 2.25% rate. * Includes solar panels producing 10MWh of electricity per year (~$1000 annual value) with decades of remaining life. * Includes 220V garage outlet for electric vehicle charging.