3940 Walden Rd, Deephaven, MN 55391
Property image
Property image
OFF MARKET

3940 Walden Rd
Deephaven, MN 55391

  • 5 Beds
  • 2.5 Baths
  • 4,607 sqft (on 1.15 acres)

$1,722,000

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $10,552/mo*
Refinance Your Home

$1,722,000

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $10,552/mo*
Refinance Your Home
5 Beds
2.5 Baths
4,607 sqft
(on 1.15 acres)

Home Value

Trulia Estimate
$1.72M
Since last month
Decreased$49K (-2.8%)
Since last year
Increased$16K (+0.9%)
Since last sale
Increased$802K (+87.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +87% in the last 10 years
MonthEstimated value
2026
August 2026$1.72M
July 2026$1.77M
June 2026$1.79M
May 2026$1.81M
April 2026$1.74M
March 2026$1.73M
February 2026$1.7M
January 2026$1.67M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4015 E Valley Rd, Deephaven, MN
0.17
Single-Family Home
$950,000
12/02/25
4
2.5
3,392
18990 Park Ave, Deephaven, MN
0.11
Single-Family Home
$675,000
04/23/26
4
3.5
3,180
19020 Minnetonka Blvd, Deephaven, MN
0.13
Single-Family Home
$2,400,000
05/07/26
6
4.5
4,481
19160 Azure Rd, Wayzata, MN
0.23
Single-Family Home
$1,065,000
04/20/26
4
3
4,014
3922 Heathcote Rd, Deephaven, MN
0.37
Single-Family Home
$1,300,000
12/05/25
5
3
3,586
18505 Minnetonka Blvd, Deephaven, MN
0.34
Single-Family Home
$730,000
01/05/26
4
2.5
3,031
4360 Chimo E, Deephaven, MN
0.46
Single-Family Home
$1,522,200
06/16/26
4
4
5,140
18427 Heathcote Ln, Deephaven, MN
0.38
Single-Family Home
$995,000
06/16/26
3
2.5
2,806
3815 Deephaven Ave, Deephaven, MN
0.14
Single-Family Home
$750,000
12/03/25
3
2
1,614
4195 Hillcrest Ln, Deephaven, MN
0.55
Single-Family Home
$1,300,000
12/23/25
5
3
3,512

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
18990 Park Ave, Deephaven, MN 55391
0.11
$675,000
4
3.5
3,180
Recently Sold
18920 Park Ave, Deephaven, MN 55391
0.11
$913,400
4
3.5
2,930
Off Market
3815 Deephaven Ave, Deephaven, MN 55391
0.14
$750,000
3
2
1,614
Recently Sold
19135 Lake Ave, Deephaven, MN 55391
0.14
$431,000
2
1
976
Off Market
19155 Lake Ave, Deephaven, MN 55391
0.15
$696,800
-
-
-
Off Market
18965 Lake Ave, Deephaven, MN 55391
0.16
$330,000
2
1
840
Recently Sold
19020 Minnetonka Blvd, Deephaven, MN 55391
0.13
$2,400,000
6
4.5
4,481
Recently Sold
19110 Lake Ave, Deephaven, MN 55391
0.18
$708,700
4
2.5
2,550
Off Market
19 Lake Ave, Wayzata, MN 55391
0.18
-
-
-
-
Off Market
18905 Lake Ave, Deephaven, MN 55391
0.17
$726,000
3
3
2,196
Off Market
18860 Park Ave, Deephaven, MN 55391
0.17
$556,100
2
1
1,186
Off Market
18950 Lake Ave, Deephaven, MN 55391
0.19
$2,278,400
4
3.5
4,357
Off Market

Local Information

  • Map ViewExplore the area around 3940 Walden Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1958
Lot Size
1.15 acres
Living Area
4,607 sqft
Price/Sqft
$374
Parking
Garage

About this House

Located in Deephaven in the sought-after Walden neighborhood offering deeded Lake Minnetonka access and shared dock. This impeccably updated mid-century modern home features one-level living, vaulted living and dining rooms, newly updated kitchen with quartz tops and high-end stainless appliances, updated bathrooms and much more. Large windows frame stunning views of enchanting perennial gardens. Convenient location with quick access to shops and restaurants. Shown by appointment only.
3940 Walden Rd, Deephaven, MN 55391 is a 5 bedroom, 5 bathroom, 4,607 sqft single-family home built in 1958. It last sold for $919,000 on Sep 19, 2017. It is currently off market. The Trulia Estimate is $1,722,000, with a rent estimate of $7,979/month.

Home Details for 3940 Walden Rd

Interior Features

Interior Details
BasementNumber of Rooms: 10Types of Rooms: Walk In Closet, Dining RoomWet Bar
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Stone, Wood, BrickGardenLawnPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1958Year Updated: 1990
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 1.15 acres

Price and Tax history

DateEventPrice
Sep 19, 2017
Source: NorthstarMLS as distributed by MLS GRID #4857002
Sold
$919,000
Jul 26, 2017
Source: Agent Provided
Pending
$919,000
Jul 21, 2017
Source: Agent Provided
Listed For Sale
$919,000
Nov 7, 2002
Source: N/A
Sold
$740,000
Aug 10, 2000
Source: N/A
Sold
$575,000

Market trends in Deephaven

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
24
1MoM

Around this home

What Locals Say about Deephaven

At least 11 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say car is needed

  • 100 % Say kids play outside

  • 100 % Say there's wildlife

  • 94 % Say parking is easy

  • 93 % Say it's dog friendly

  • 88 % Say there's holiday spirit

  • 87 % Say it's quiet

  • 86 % Say they plan to stay for at least 5 years

  • 82 % Say there are community events

  • 80 % Say neighbors are friendly

  • 77 % Say people would walk alone at night

  • 42 % Say it's walkable to restaurants

  • 31 % Say streets are well-lit

  • 27 % Say it's walkable to grocery stores

  • 21 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • debd
    "Everyone is very friendly and will help you out if you asked. The police patrol regularly. Snowplowing done regularly. "
    0
    Flag
  • Mbkelly001
    "Easy access to Hwy 394, 494 and Hwy 7 that can get you downtown in 20 minutes. On my drive I get to travel across the lake and woods "
    0
    Flag
  • Missy C.
    "Amazing place to raise children. Walkable streets, access to beaches, parks, and trails. In between Excelsior and Wayzata, both great food and shopping destinations "
    0
    Flag
  • stephanie o.
    "It has very friendly neighbours. We are walking distance to restaurants beaches and trails salons fitness centers and groceries."
    0
    Flag
  • john
    "Deephaven is an amazing community. It's the kind of place where everyone can say they grew up on the lake. It's safe and idealic -- the kind of rare place where kids can still go explore on their bike and come home at dinner-time. They have top-notch schools. The elementary school has Spanish immersion. It's got a real community feel and quiet, quaint character. The trails, tennis courts, neighborhood beaches and parks are wonderful and consistent with Deephaven's roots as a lake resort."
    0
    Flag
  • Dane S.
    "Close to 101 and Minnetonka Blvd. Great Minnetonka schools. Quiet and safe neighborhood. Beautiful lot."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 3940 Walden Rd

  • What is 3940 Walden Rd estimated to be worth?
    Trulia's estimated value for 3940 Walden Rd in Deephaven, MN is $1,722,000.
  • What is the price history for 3940 Walden Rd?
    3940 Walden Rd in Deephaven, MN last sold for $919,000 in September 2017.
  • Is Deephaven a buyer's or seller's market?
    Deephaven is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Deephaven?
    Residents describe Deephaven, MN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Deephaven, MN.
  • Does 3940 Walden Rd have air conditioning?
    Yes, 3940 Walden Rd in Deephaven, MN has air conditioning.
  • Does 3940 Walden Rd have laundry facilities?
    Yes, 3940 Walden Rd in Deephaven, MN has in-unit laundry.

Apartments for Rent

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Off Market Homes Near 3940 Walden Rd

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