4321 Lancelot Drive Minnetonka, MN 55345

$650,000
Active
estimated monthly payment
4 Beds  |  3 Baths  |  2,767 Sq Ft  |  Single Family  |  MLS # 7022620
estimated monthly payment Active
  • Welcome home! Stunning main level renovation completed in 2019.
    Welcome home! Stunning main level renovation completed in 2019.
  • Spacious foyer greets your guests.
    Spacious foyer greets your guests.
  • Bright main level with recessed lighting and loads of natural light.
    Bright main level with recessed lighting and loads of natural light.
  • Gleaming hardwood floors (new in 2019).
    Gleaming hardwood floors (new in 2019).
  • Perfect center-island kitchen is ideal for entertaining or everyday living.
    Perfect center-island kitchen is ideal for entertaining or everyday living.
  • Loads of cabinet and counter space.
    Loads of cabinet and counter space.
  • Gorgeous dining space overlooking the backyard.
    Gorgeous dining space overlooking the backyard.
  • Tranquility abounds on this amazing screened porch. The property adjoins 24 acres of protected city-owned land.
    Tranquility abounds on this amazing screened porch. The property adjoins 24 acres of protected city-owned land.
  • Cozy main floor family room with gas fireplace.
    Cozy main floor family room with gas fireplace.
  • With three separate living areas, there's room for everyone.
    With three separate living areas, there's room for everyone.
  • Main floor bedroom (also makes a great office!).
    Main floor bedroom (also makes a great office!).
  • Delightful powder bath on the main level.
    Delightful powder bath on the main level.
  • Three upper level bedrooms with neutral decor.
    Three upper level bedrooms with neutral decor.
  • Primary bedroom boasts a walk-in closet and a private bathroom.
    Primary bedroom boasts a walk-in closet and a private bathroom.
  • 4321 Lancelot Drive, Minnetonka, MN 55345 Listing Photo 15
  • The 2nd upper level bedroom (overlooking the back yard).
    The 2nd upper level bedroom (overlooking the back yard).
  • The 3rd bedroom in the upper level. The entire interior of the home was freshly painted in Feb 2026.
    The 3rd bedroom in the upper level. The entire interior of the home was freshly painted in Feb 2026.
  • Upper level hall bathroom with dual sink vanities.
    Upper level hall bathroom with dual sink vanities.
  • Custom tile work throughout.
    Custom tile work throughout.
  • Unfinished space in the walkout level allows for great storage. Or, consider finishing this space with a 4th bathroom and 5th bedroom for additional equity.
    Unfinished space in the walkout level allows for great storage. Or, consider finishing this space with a 4th bathroom and 5th bedroom for additional equity.
  • Daylight windows allow for loads of natural light in the lower level.
    Daylight windows allow for loads of natural light in the lower level.
  • Another view of the lower level.
    Another view of the lower level.
  • New roof in 2025, New furnace/AC in 2022-- move right in and enjoy.
    New roof in 2025, New furnace/AC in 2022-- move right in and enjoy.
  • Private, wooded 0.6-acre lot.
    Private, wooded 0.6-acre lot.
  • 4321 Lancelot Drive, Minnetonka, MN 55345 Listing Photo 25
  • Located in the coveted Minnetonka School System, the home is walkable to East Middle School.
    Located in the coveted Minnetonka School System, the home is walkable to East Middle School.
  • Two blocks from the Minnetonka LRT (trail system).
    Two blocks from the Minnetonka LRT (trail system).
  • You'll find restaurants, grocery, coffee, and other retail less than a mile away.
    You'll find restaurants, grocery, coffee, and other retail less than a mile away.
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About The Listing

Quintessential Minnetonka property with all the amenities today’s buyers want: open floorplan from kitchen to family room, stunning vaulted screened porch overlooking 24 acres of protected land, three bedrooms on one level. New furnace (2022), all new interior paint (2026), new roof (2025), new air conditioner (2022), full kitchen renovation (2019), and the list goes on and on. Unfinished space lends potential for future finishing. Easy access to the trail system, restaurants, and retail. Don’t miss this one!


Listing courtesy of Cassie L Frick, Edina Realty, Inc.

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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1969
MLS #: 7022620
Bedrooms: 4
Square Feet: 2,767
Bathrooms (Full): 1
Price Per Square Foot: $235
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 2
Parking Description: Attached Garage, Concrete, Garage Door Opener
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Block, Daylight/Lookout Windows, Finished, Partially Finished, Walkout
Construction Description: Block
Roof Description: Age 8 Years or Less, Architectural Shingle, Pitched
Days On Market (Continuous): 162
Disability Features: None
Latest Update: 02/27/2026
List Date: 02/19/2026
Listing Agent ID: 502015882
Listing Office: Edina Realty, Inc.
Listing Office ID: 5113
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Fireplace Features: Family Room, Gas, Wood Burning
Laundry Features: Lower Level
Number of Fireplaces: 2
Fence: None
Lot Dimensions: 47x49x231x142x226
Lot Size: 0.6 Acres
Pool Description: None
Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium, Underground Utilities
School District: Minnetonka
Tax Year: 2025
Estimated Taxes: $8,516
Contingency Type: None
City: Minnetonka
Zip: 55345
County: Hennepin
Subdivision: Cameestates
State: MN

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