Minneapolis · Home sale
2492 Bantas Point Rd in Minnetonka sells for $5.4 million
A single-family home at 2492 Bantas Point Rd, Minnetonka sold for $5,400,000 on September 9, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $5,400,000
- Sold
- September 9, 2026
- Property type
- Single-family home
- Lot size
- 7,841 sq ft
- Year built
- 2023
A lakefront home in Minnetonka sold for $5,400,000 on September 9, 2026—nearly double its assessed market value of $2,952,200. The sale price represents an 83% jump over the assessor's valuation, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.
The single-family home at 2492 Bantas Point Rd sits directly on a lake with a dock, surrounded by other houses, according to an aerial photo of the property. Built in 2023, the home offers 3 bedrooms and 4 bathrooms on a 7,841-square-foot lot, listing data shows.
The price also far exceeds the property's previous sale. In 2020, the home sold for $1,700,000—meaning the new sale price is 3.2 times that earlier transaction.
Edward M Noonan and Deborath Noonan sold the property to Two Rams, LLC, according to the deed records.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $18,360 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $10,425 for the owner's title insurance policy. With a 5% commission, the seller's estimated net is $5,059,760 before any mortgage payoff. A buyer putting 20% down would need about $1,152,585 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1921068. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
