Property Overview
This home at 12 Glenthorne Crescent presents a compelling mix of a well-sized lot and a relatively modern build within its established Minnetonka neighbourhood. Its key appeal lies in its above-average land size of over 10,000 sqft—a standout feature that ranks in the top 6% city-wide—paired with a 1989 construction date, making it one of the newest homes on its street. The living space is a functional 1,040 sqft, which is typical for the immediate area but modest compared to broader neighbourhood averages. The assessed value positions the property as a solid, mid-range offering.
It would suit a buyer who prioritizes outdoor space and a newer building envelope over expansive interior square footage. It's ideal for someone looking for a manageable-sized home with significant yard potential for gardening, recreation, or future expansion. The data suggests it offers a relative value within its own crescent, appealing to a practical buyer seeking a balance between lot size, modern construction, and price.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 1,040 sqft, the living area is very close to the average for Glenthorne Crescent itself. However, it is notably smaller than the average home in the wider Minnetonka area, indicating the neighbourhood generally features larger houses.
2. What does the "Elite" ranking for Year Built mean?
Built in 1989, this home is the newest among the 35 comparable properties on Glenthorne Crescent, placing it in the top 3%. This suggests potentially fewer major age-related maintenance concerns compared to its immediate neighbours.
3. Is the large lot size unusual?
Yes. The 10,080 sqft lot is significantly larger than average for the city, the area, and even its own street. This is one of the property's most distinctive features, offering more private outdoor space than most comparable listings.
4. What can the past sale price tell us?
The home sold between $300k-$350k in 2018. While not the exact price, this range provides a historical benchmark. The current assessed value of $432,000 reflects market changes since that last sale.
5. How is the assessed value positioned in the market?
The assessed value is above average for the street but sits around the middle range when compared to the broader Minnetonka area and the city. This indicates it is a reasonably valued property within its immediate context, not an outlier on either the high or low end.