5881 Covington Ln, Minnetonka, MN 55345
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Property image
OFF MARKET

5881 Covington Ln
Minnetonka, MN 55345

  • 3 Beds
  • 2 Baths
  • 1,348 sqft (on 0.28 acres)

$230,500

Trulia Estimate
as of Jul 29, 2026
Est. Refi. Payment $1,473/mo*
Refinance Your Home

$230,500

Trulia Estimate
as of Jul 29, 2026
Est. Refi. Payment $1,473/mo*
Refinance Your Home
3 Beds
2 Baths
1,348 sqft
(on 0.28 acres)

Local Information

  • Map ViewExplore the area around 5881 Covington Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1983
Lot Size
0.28 acres
Living Area
1,348 sqft
Price/Sqft
$171
Parking
2 Car Garage
HOA
None

About this House

Investor special on a spacious, wooded lot with a private wetland view! This 3 bed, 2 bath home features walk-in closets, a fully fenced backyard, and a cozy fireplace in the lower-level family room. Enjoy peaceful views from the main floor deck, perfect for morning coffee or evening relaxation. With great bones and tons of potential, this one is ready for your updates and personal touch. Ideal opportunity for investors or buyers looking to build equity. Don’t miss the setting - nature lovers will appreciate the privacy and green space out back!
5881 Covington Ln, Minnetonka, MN 55345 is a 3 bedroom, 2 bathroom, 1,348 sqft single-family home built in 1983. It last sold for the $225,000 asking price on Jun 9, 2025. More recently, it was listed as a rental in January 2026 with an asking price of $2,295 per month. That rental listing was removed on January 22, 2026. It is currently off market. The Trulia Estimate is $230,500, with a rent estimate of $2,638/month.

Home Details for 5881 Covington Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: FullNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1348 Square FeetFoundation Area: 770
Appliances & Utilities
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, RefrigeratorDishwasherDryerMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Wood BurningHas a Fireplace
Gas & Electric
Electric: Circuit Breakers, Power Company: Xcel EnergyGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Pool
Pool: None
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 770 Square FeetFinished Area (below surface): 640 Square Feet

Days on Market

Cumulative Days on Market: 1

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: ResidentialProperty Subtype: Twin Home
Building
Construction Materials: OtherNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 3111722420043

Price & Status

Price
List Price: $225,000
Status Change & Dates
Off Market Date: Sat May 24 2025

Media

Location

Direction & Address
City: MinnetonkaCommunity: Covington Heights
School Information
High School District: Minnetonka

Building

Building Area
Building Area: 1348 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.28 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6705195Above Grade Unfinished Area: 770Activation Date: Fri May 23 2025
Last check for updates: about 11 hours ago
Listed by Justin Campbell
eXp Realty
Bought with: Justin Campbell, eXp Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6705195

Price History for 5881 Covington Ln

DatePriceEventSource
01/22/2026$2,195ListingRemovedZillow Rentals
01/16/2026$2,195PriceChange
Zillow Rentals
01/09/2026$2,295Listed For RentZillow Rentals
10/11/2025$2,250ListingRemovedZillow Rentals
10/08/2025$2,250PriceChange
Zillow Rentals
10/02/2025$2,395Listed For RentZillow Rentals
06/09/2025$225,000Sold
NorthstarMLS as distributed by MLS GRID #6705195
05/24/2025$225,000PendingNorthstarMLS as distributed by MLS GRID #6705195
05/23/2025$225,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6705195
11/30/2012$125,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1946120
10/03/2012$125,000Listed For SaleAgent Provided
08/17/2012$125,000ListingRemovedAgent Provided
08/01/2012$125,000Listed For SaleAgent Provided
11/08/2011$158,738Sold
N/A
03/06/2003$168,500Sold
N/A
04/24/2002$160,000Sold
N/A
05/09/1997$95,000Sold
N/A

Market trends in Minnetonka

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$492K
$18.65KMoM
Sale-to-List Price
99.8%
0.7%MoM
Price per sq ft
$213
$5MoM
Available listings
229
15MoM
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Property Tax and Assessment

Year2025
Tax$3,487
Assessment$283,600
Home facts updated by county records

Comparable Sales for 5881 Covington Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5980 Covington Ter, Minnetonka, MN
0.12
Single-Family Home
$325,000
12/22/25
3
2
1,440
6102 Creek View Trl, Minnetonka, MN
0.39
Single-Family Home
$330,000
06/29/26
3
2
1,510
18030 Covington Path, Minnetonka, MN
0.20
Single-Family Home
$155,000
06/23/26
2
2
1,100
18884 Pennington Ave, Eden Prairie, MN
0.63
Single-Family Home
$409,000
08/20/25
3
1.5
1,370
6123 Concord Hill Ln, Minnetonka, MN
0.47
Single-Family Home
$465,000
01/12/26
3
2
1,708
5536 Kipling Ave, Minnetonka, MN
0.47
Single-Family Home
$400,000
06/26/26
4
2
1,950
6141 Concord Hill Ln, Minnetonka, MN
0.51
Single-Family Home
$350,000
10/24/25
2
2
1,372
17730 Creek Ridge Pass, Minnetonka, MN
0.40
Single-Family Home
$540,000
06/02/26
3
2
2,283
5826 Salisbury Ave, Minnetonka, MN
0.62
Single-Family Home
$397,500
12/19/25
3
1.5
1,659
18719 Clear View Dr, Minnetonka, MN
0.50
Single-Family Home
$520,000
04/06/26
3
2
1,906

Nearby homes

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Assigned Schools

These are the assigned schools for 5881 Covington Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Minnetonka

At least 212 Trulia users voted on each feature.

  • 95 % Say car is needed

  • 92 % Say it's dog friendly

  • 90 % Say parking is easy

  • 78 % Say it's quiet

  • 77 % Say there's wildlife

  • 74 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 70 % Say people would walk alone at night

  • 67 % Say kids play outside

  • 57 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 47 % Say there are community events

  • 45 % Say it's walkable to restaurants

  • 45 % Say it's walkable to grocery stores

  • 38 % Say there are sidewalks

  • 37 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Jaelin Rios
    "Nice mix of demographics here. Lots of parks that are well kept. There are also lots of family friendly places to eat!"
    0
    Flag
  • rdacut1
    "Neighborhood Night Out, dinners, walks, farmers market, 4th of July and other holidays with fireworks and community gathering, "
    0
    Flag
  • Julie Rozman
    "This is a great neighborhood for families, Schools are close by and Grocery stores, restaurants and Parks.. "
    0
    Flag
  • Julie Rozman
    "There are great schools near by, both Public and Private schools..there’s Grocery stores, and Shopping close by. It’s a great place to raise your kids in. "
    0
    Flag
  • Julie Rozman
    "I have lived in Minnetonka for 25 plus years and I absolutely love the location and that there’s so much variety around here… "
    0
    Flag
  • Julie Rozman
    "I have lived in Minnetonka my whole life and I love that it’s close enough to the city that you can get to the city without too much trouble or hassle.. you can enjoy the city but, literally live 20 minutes away in a beautiful area.. "
    0
    Flag
  • V6tc8vyh5r
    "I’ve grew up in Minnetonka and have lived here in my current home for 30 plus years. Love the neighborhood, close to shopping, Groceries and major freeways.. "
    0
    Flag
  • Julie Rozman
    "Great Schools are near by, there’s plenty of Grocery stores and Target is near by. Close by Downtown but, far enough away, the commute is easy as there’s plenty of highways nearby.. "
    1
    Flag
  • M W.
    "Lots of walkers, families with children, bikers, and the like. As an urbanist, that there are few sidewalks is a major retraction when considering any of the aforementioned activities."
    1
    Flag
  • Amykaymathews
    "On Christmas Eve some neighborhoods put out luminaries. The Tour de Tonka bike ride is a huge event."
    0
    Flag
  • Jess_lindblom
    "Not good public transportation and very high rental prices. Great community and schools. A lot of parks and trails which is great in the nice months. "
    5
    Flag
  • Mangobees
    "best school district in MN. convenience location and close to airport Costco downtown and more. blanks "
    0
    Flag
  • Tomhenderson25
    "Lots of trees and beautiful places. It’s a great place to live and plenty to do especially if you’re active. "
    1
    Flag
  • Issamarifa
    "We have neighbors get togethers to meet and spend time with neighbors and it is a nice and fun place "
    0
    Flag
  • Lmmacek
    "ticks, lots of ticks. and frogs, bugs, you must learn how to properly remove ticks or risk infection. also larger animals wander thru cougar, bear, deer, etc"
    2
    Flag
  • Abubakerasma
    "It’s a friendly neighborhood and clean and very expensive tho I like it and I would like to move somewhere else in Minnetonka or Hopkins"
    1
    Flag
  • Adam
    "my commute is mostly highway, north of downtown. I am able to carpool, so traffic isn't always an issue, but sometimes. "
    1
    Flag
  • Jacob V.
    "city streets are fine. freeway is usually packed. it usually is faster to take city street unless you are going far."
    1
    Flag
  • Kassandra B.
    "Not a lot of good walkable side walk areas but lots of great parks and green space. Pretty quiet and relaxed "
    1
    Flag
  • Hailey J
    "Plenty of places to walk the dog, there are lots of parks as well that are all dog-friendly. Lots of people have dogs."
    0
    Flag
  • Adam
    "the schools are top rated. roads are bike friendly. walking/biking trails around. parks are well kept. "
    0
    Flag
  • Anna M.
    "Coyotes are a problem for small pets. Be careful and stay close to your small pets and don’t leave them unattended. "
    0
    Flag
  • Tim T.
    "there is an annual meet at the fire station that is eventful. I have attended this event for many years."
    0
    Flag
  • Jag
    "Beautiful town close to downtown Hopkins. Nice size .4 acre plots. Old neighborhood with mature trees. This neighborhood looks very nice in fall and spring. We get to see deers, coyotes , turtles and many other wild animals all the time.."
    0
    Flag
  • Judyhanson43
    "there is not a large area for dogs but a good area to walk with nearby trails. some dogs are too big for the apartment they live in. "
    0
    Flag
  • Judyhanson43
    "It is an apartment community but I have not been able to attend any of the community events. There have been morning grab and go breakfasts, some events around Halloween and that is all I am aware of."
    0
    Flag
  • Judyhanson43
    "Not too much, it is an apartment community. There is only one restaurant and gas station nearby. You pretty much have to drive everywhere. The grounds are kept up and it is pretty around here and central to much of the cities."
    0
    Flag
  • Oconn776
    "I love that I am tucked away in a neighborhood, but I am also steps away from the business of the city. "
    0
    Flag
  • Kabes620
    "Large properties that are kept up well. Well developed mature trees. Low crime and great schools. "
    0
    Flag
  • Ltobey
    "Lots of dog owners here. Good area for walking. Beware of coyotes. Cannot leave small dogs unattended in your yard."
    0
    Flag
  • Mangobees
    "safe nice people around good school district and Not busy street beautiful old area street are tiny hills and wonderful fall view "
    0
    Flag
  • Elyk3190
    "I love my neighborhood been here 2 years. very quiet neat and clean. plenty walking trails. dog parks "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

47 pet-friendly rentals in Minnetonka, MN

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Explore by feature - Pool

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Explore by feature - Outdoor Space

6 rentals with an outdoor space in Minnetonka, MN

Homes for sale near 5881 Covington Ln

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Off Market Homes Near 5881 Covington Ln

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Based on information submitted to the MLS GRID as of 2026-07-28 16:38:15 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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