New - 7 Days Ago
$499,900
Active
3
Beds
4
Baths
3535
Sqft
0.42
Acres
16509 Lake Street Extension, Minnetonka, MN 55345
MLS#: 7160170
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Overview
Location
Mortgage
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3541 Rainbow Dr Minnetonka, MN 55345
$480,000
CLOSEDBeds
4
Baths
4
Sqft
3,018
Acres
0.757
Year
1972
Close Date
Jun 1, 2017
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$159
Date Listed
Mar 6, 2017
Description of 3541 Rainbow Dr, Minnetonka, MN 55345
Listing details for 3541 Rainbow Dr, Minnetonka, MN 55345 : Nature Lovers: Wonderfully private and welcoming home set on delicious lot. A beautifully updated house, this home is set in the rarely available Rainbow Drive neighborhood. You're an easy distance to a complete shopping district, the winning and comprehensive Minnetonka Trails system, Groveland Elementary School, baseball fields and city parks. Welcome home to your own wonderful world of paradise where neighbors walk their dogs, stroll their children and love Minnetonka.
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Listing Updated : 08-24-2026 at 10:54 AM CDT
Property Details
Property Overview
Listing Price
$488,500
MLS #ID
4801051
Close Price
$480,000
Close Date
Jun 1, 2017
Bedrooms
4
Bathrooms
4
Square Footage
3,018
Acres
0.757
Year
1972
Days on Site
58 Days
Property Type
Residential
Property Sub Type
Single-Family
Price per Sq Ft
$159
Date Listed
Mar 6, 2017
Location
Street Address
3541 Rainbow Dr
City
State
Minnesota
ZIP Code
County
Driving Directions
Minnetonka Blvd (west of 494) to Rainbow Dr, south to home on left.
Schools
School District
Home Specification
Bedrooms
4
Bathrooms
1 Full / 1 Half
Total Square Feet
3,018
Above Grade Square Feet
1,984
Construction / Architecture
Year Built
1972
Roof
Age Over 8 Years and Metal
New Construction
No
Price per Sq Ft
$159
Lot Features
Public Transit (w/in 6 blks) and Tree Coverage - Medium
Lot Size (Acres)
0.757
Lot Dimensions
E 81x325x150x340
Interior Details
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Other, Refrigerator, Trash Compactor, Wall Oven, Washer and Water Softener Owned
Fireplace
Yes
Fireplace Count
2
Fireplace Features
Two Sided, Family Room, Gas, Living Room and Wood Burning Stove
Heating
Forced Air
Cooling
Central Air
Exterior Details
Garage
No
Garage Spaces
2
Parking Features
Attached Garage, Asphalt and Garage Door Opener
Exterior Features
Vinyl
Fencing
Wire
Water Source
City Water/Connected and City Water - In Street
Sewer
City Sewer/Connected and City Sewer - In Street
Taxes, HOA & Financing
Annual Property Tax
$5,804.00
HOA Fee Includes
None
Room Details
| Room Type | Level | Dimensions |
|---|---|---|
| Deck | — | — |
| Dining Room | Main | 18x16 |
| Exercise Room | Lower | 13x13 |
| Family Room | Lower | 25x13 |
| Bedroom | Upper | 16x14 |
| Bedroom 4 | Lower | 17x14 |
| Foyer | Main | 31x08 |
| Kitchen | Main | 16x12 |
| Laundry | Lower | 09x08 |
| Living Room | Main | 20x15 |
| Bedroom 2 | Upper | 14x12 |
| Bedroom 3 | Upper | 13x10 |
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 4801051
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Property History
DateEventPrice
6/1/2017
Sold
$480,000
$159/sqft
Source:NorthstarMLS #NST4801051
NorthstarMLS #NST4801051 3/6/2017
Listed for sale
—
Source:NorthstarMLS #NST4801051
NorthstarMLS #NST4801051Location of 3541 Rainbow Dr, Minnetonka, MN 55345
Streetview of 3541 Rainbow Dr, Minnetonka, MN 55345
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Based on information submitted to the MLS GRID as of 2026-08-24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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