501 Laredo Lane, Chanhassen, MN 55317 - MLS# 7154259
$424,900
Don’t miss this beautifully updated 3BR/3BA Chanhassen rambler situated on a corner lot with a fully fenced yard! This move-in-ready home features 3 BR on the main level w/ stylish LVP flooring throughout the entire main floor. Updated kitchen features quartz countertops, S/S appliances, & subway tile backsplash. The dining area opens to a fantastic vaulted 3-season porch with skylights that opens to the large backyard. Primary BR features a walk-in closet and private half bath. You’ll love the newly finished lower level, offering terrific additional living space plus a brand new ¾ bath with porcelain tile flooring and shower surround. Additional highlights include newer vinyl double-hung windows, a 5-year-old roof, and radon reduction system. Fantastic Chanhassen location nestled between Lotus Lake and Lake Ann, just a couple blocks from Chanhassen Elementary and close to the city center with tons of shopping, dining, and entertainment options. Don’t miss out!
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Lower Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1980-1989, about 64% of occupied homes are owner-occupied, and the average commute is 23 minutes.
Cost of Ownership
Median home value
$420,000
Lower than the Chanhassen median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,142/yr
Lower than the Chanhassen median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,158/mo
Lower than the Chanhassen median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$883/mo
Lower than the Chanhassen median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,742/mo
Similar to the Chanhassen median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
64%
Lower than Chanhassen overall
The share of occupied homes lived in by their owners.
Median year built
1985
Older than the Chanhassen 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%
- 2000-20096%
- 1990-199921%
- 1980-198929%
- 1970-197919%
- 1960-196910%
Types of homes
The share of housing units in each building type.
- Single-family detached50%
- Townhome / attached25%
- 5+ units21%
Getting Around
Average commute
23 min
Similar to the Chanhassen 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 alone75%
- Carpool5%
- Walk or bike4%
- Work from home14%
Homes with broadband
96%
Similar to Chanhassen overall
The share of households with a broadband internet subscription.
Schools
Questions and Answers
How much is 501 Laredo Lane?
501 Laredo Lane in Chanhassen, MN, is listed at $424,900 as of Oct 31, 2026 ($273 per finished square foot and 25 days on market).
What school district is 501 Laredo Lane in?
The MLS lists the school district as Eastern Carver County Schools (ISD 112). Confirm enrollment with the district.
What are the property taxes for 501 Laredo Lane?
Property taxes are $3,926 for 2025. No special assessments are pending.
Does 501 Laredo Lane have an HOA fee?
No. The listing shows no homeowners association fee.
What is the commute like from 501 Laredo Lane?
The average one-way commute for the surrounding area is 23 minutes, compared with 24 minutes for the Twin Cities metro. About 75% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
What does it cost to own a home near 501 Laredo Lane?
In the surrounding census tract, the median home value is $420,000 and the median property tax bill is $4,142 a year; typical owner costs with a mortgage are $2,158 a month. These are area estimates, not figures for this home.
How do I schedule a showing of 501 Laredo Lane?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
