492 Willoughby Way W - Photo 1
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492 Willoughby Way W
492 Willoughby Way W
492 Willoughby Way W
492 Willoughby Way W
492 Willoughby Way W

492 Willoughby Way W, Minnetonka, MN 55305 - MLS# 7158343

MLS® #: 7158343|Days on Market: 12|Listed: Oct 16, 2026

$275,000

Bedrooms
2
Bathrooms
2
Square Feet
1,350
Acres
0.922
Year Built
1999
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
2
Days on Market
12
School District
270 - Hopkins

If you're looking for a townhome in a convenient Minnetonka location, this two-bedroom, two-bathroom home has plenty to love! The south-facing exposure brings in great natural light, and the new carpet adds a fresh touch throughout. The kitchen has tons of storage, while the deck gives you a great spot to enjoy some fresh air. You’ll also appreciate the two-car garage and the large, flat grassy area right outside the front door, with room for kids to play or your pup to stretch their legs. The location makes getting around easy, with quick access to Hwy 394 and Hopkins Crossroad. Ridgedale Center is nearby for shopping and dining, while Oberlin Park and Medicine Lake offer great options for getting outside and enjoying the area. With thoughtful updates, great natural light, and convenience right at your doorstep, you’ll love this Minnetonka townhome. HOA fee includes XFinity Cable, high speed internet, and Water/Sewer.

492 Willoughby Way W, Minnetonka, MN 55305

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Interior Information

AppliancesDishwasher, Microwave, Range, Refrigerator
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryLaundry Closet, Upper Level
Dining RoomInformal Dining Room, Kitchen/Dining Room
Interior AmenitiesCeiling Fan(s), Deck

Size & Levels

LevelsTwo
Total Finished Sq Ft1,350 sq ft
Above Grade Finished1,350 sq ft
Main Level Finished604 sq ft

Bathrooms

Full Baths1
1/2 Baths1
Bathroom DetailsMain Floor 1/2 Bath, Upper Level Full Bath, Primary Walk-Thru

Rooms

Main Level Rooms

Living Room13' x 13'
Dining Room13' x 8'
Kitchen13' x 9'

Upper Level Rooms

Bedroom14' x 10'
Bedroom 213' x 10'

Lower Level Rooms

Foyer11' x 8'

Exterior & Parking

ExteriorVinyl
FoundationSlab
Patio / PorchDeck
Garage Stalls2
ParkingAttached Garage, Tandem Garage

Lot & Utilities

Property Subtype(TH) Side x Side
Townhouse TypeMulti-Level
Lot Size0.922 acres
Lot DimensionsCommon
ZoningResidential-Single Family
SubdivisionCic 0926 Ridgebury Condo
TownshipMinnetonka
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected

Homeowners Association

Association Fee$589 / month
AssociationFirst Services Residential
Assessment PendingNo
Fee IncludesCable TV, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Snow Removal, Water

Financial & Tax Information

Annual Taxes$3,643
Tax Year2026
Tax w/ Assessments$3,643
Assessment PendingNo
Parcel Number0111722220147
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1980-1989, about 45% of occupied homes are owner-occupied, and the average commute is 15 minutes.

Cost of Ownership

Median home value

$432,500

Lower than the Minnetonka median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$4,741/yr

Lower than the Minnetonka median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,115/mo

Lower than the Minnetonka median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$913/mo

Lower than the Minnetonka median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,763/mo

Similar to the Minnetonka median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

45%

Lower than Minnetonka overall

The share of occupied homes lived in by their owners.

Median year built

1987

Similar to the Minnetonka median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2010-20197%
  • 2000-200922%
  • 1990-199914%
  • 1980-198930%
  • 1970-19797%
  • 1950-195911%

Types of homes

The share of housing units in each building type.

  • Single-family detached23%
  • Townhome / attached17%
  • 5+ units59%

Getting Around

Average commute

15 min

Lower than the Minnetonka median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone64%
  • Carpool5%
  • Work from home27%

Homes with broadband

95%

Similar than Minnetonka overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Hopkins Public School District

This home is in the L.H. Tanglen Elementary, Hopkins North Middle School and Hopkins High School attendance areas of Hopkins Public School District.

Elementary

L.H. Tanglen Elementary

Grades PK-5 · 1.1 mi away

Enrollment
521
Students per teacher
11.6

10901 Hillside Ln, Minnetonka, MN 55305

(952) 988-4900

Middle

Hopkins North Middle School

Grades 6-8 · 1.5 mi away

Enrollment
866
Students per teacher
16.7

10700 Cedar Lake Rd, Minnetonka, MN 55305

(952) 988-4800

High

Hopkins High School

Grades 9-12 · 1.3 mi away

Enrollment
2,003
Students per teacher
19.6

2400 Royals Dr, Minnetonka, MN 55305

(952) 988-4500

School assignments can change. Verify enrollment with Hopkins Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: Real Broker, LLC
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. 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, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.