Gatewood Elementary
- Enrollment
- 351
- Students per teacher
- 10.3
14900 Gatewood Dr, Minnetonka, MN 55345
(952) 988-5250





A Rare One-Acre Opportunity, Just Minutes from the Heart of Glen Lake! Timeless cottage charm, a beautiful one-acre setting, and a location that's hard to beat! Discover this inviting bungalow offering a wonderful combination of space, privacy, and possibilities. One of the home's standout features is its flexibility for multigenerational living, with a lower-level mother-in-law setup complete with its own private entrance, offering comfort and independence for extended family or guests. Enjoy peaceful surroundings just minutes from the charming shops, restaurants, and conveniences of downtown Glen Lake. Add a detached garage with an adjacent heated studio, and you'll discover even more possibilities! It's not often you find this much land, such a convenient location, and so much versatility in one property. Come on in and discover the charm and special touches that make this house feel like home! MAIN-LEVEL FEATURES: Step inside and feel right at home! The cozy four-season porch is a wonderful place to relax and enjoy the changing seasons. The spacious living room is filled with warmth and character, featuring gleaming oak hardwood floors, beautiful crown molding, and quality millwork. A formal dining room is perfect for gatherings, while the updated kitchen offers maple cabinetry, stainless steel appliances, tile flooring, a decorative stone backsplash, and a convenient breakfast bar. Added in 2003/2004, the spacious primary suite offers a wonderful retreat featuring hardwood floors, a vaulted ceiling, built-in ambient lighting, and adjoining space ideal for a home office or nursery. Direct deck access makes it easy to enjoy your morning coffee outdoors. The generous primary bathroom features a soaking tub, walk-in shower with tile surround, double-sink vanity, and tile flooring. A large walk-in closet with built-in organizers provides plenty of storage. An additional bedroom and full bathroom complete the main level. The home's interior was freshly painted in October 2026, with new carpeting installed in the second bedroom, hallway, and primary walk-in closet, adding a fresh, updated touch.
LOWER-LEVEL FEATURES: Enjoy the flexibility of a comfortable living space with its own private entrance. A convenient kitchenette includes a refrigerator, range, microwave, and sink. New carpeting and luxury vinyl plank (LVP) flooring were installed in October 2026, giving the space a fresh, updated feel.
The spacious bedroom suite features an egress window, a generous three-quarter bathroom with a double-sink vanity and walk-in shower, and a walk-in closet. It's an ideal arrangement for extended family or overnight guests, offering comfort and privacy. An additional half bath, dedicated exercise room, storage room, and separate laundry area complete this versatile level. OUTDOOR FEATURES & HEATED STUDIO: The beautiful one-acre wooded setting offers plenty of room to relax, entertain, and enjoy the outdoors. Adding to the appeal is a detached garage with an adjacent heated studio, a fantastic bonus space with so many possibilities! Whether you envision a home office, art studio, hobby room, workshop, or a place to enjoy your favorite interests, this flexible space is ready for your personal touch. A SETTING YOU'LL LOVE! With timeless charm, thoughtful updates, flexible living spaces, and a beautiful one-acre setting, this property offers something truly special, all within minutes of downtown Glen Lake and all it has to offer - Restaurants, shops, brewery, grocery, etc!!
Schedule your private showing today and experience everything this wonderful property/location has to offer!
In this neighborhood, homes were most commonly built in 1960-1969, about 91% of occupied homes are owner-occupied, and the average commute is 21 minutes.
$476,000
Similar to the Minnetonka median
The midpoint of estimated values for owner-occupied homes.
$5,514/yr
Similar to the Minnetonka median
The midpoint of annual property taxes paid by homeowners.
$2,683/mo
Higher than the Minnetonka median
Median monthly housing costs for owners with a mortgage.
$805/mo
Lower than the Minnetonka median
Median monthly housing costs for owners without a mortgage.
91%
Higher than Minnetonka overall
The share of occupied homes lived in by their owners.
1967
Older than the Minnetonka median
The midpoint of years when homes in the area were built.
The share of homes built during each period.
The share of housing units in each building type.
21 min
Higher than the Minnetonka median
The average one-way travel time to work for commuters.
The share of workers using each listed way to get to work.
95%
Similar to Minnetonka overall
The share of households with a broadband internet subscription.
Hopkins Public School District
This home is in the Gatewood Elementary, Hopkins West Middle School and Hopkins High School attendance areas of Hopkins Public School District.
14900 Gatewood Dr, Minnetonka, MN 55345
(952) 988-52503830 Baker Rd, Minnetonka, MN 55305
(952) 988-44012400 Royals Dr, Minnetonka, MN 55305
(952) 988-45005710 Eden Prairie Road in Minnetonka, MN, is listed at $599,900 as of Nov 11, 2026 ($212 per finished square foot and 12 days on market).
Hopkins Public School District. It is in the attendance areas for Gatewood Elementary (grades PK-5, 0.2 mi), Hopkins West Middle School (grades 6-8, 2.4 mi) and Hopkins High School (grades 9-12, 4.8 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.
Property taxes are $7,863 for 2026. No special assessments are pending.
No. The listing shows no homeowners association fee.
The average one-way commute for the surrounding area is 21 minutes, compared with 24 minutes for the Twin Cities metro. About 64% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
In the surrounding census tract, the median home value is $476,000 and the median property tax bill is $5,514 a year; typical owner costs with a mortgage are $2,683 a month. These are area estimates, not figures for this home.
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.