3490 William Way, Independence, MN, 55359
About This Home
Newly completed and ready for the Spring 2026 Parade of Homes! Proudly presenting the latest Dingman Custom Homes model, this stunning walk-out rambler is perfectly situated on a serene 1.5-acre lot. This home boasts five spacious bedrooms, five bathrooms, with two bedrooms located on the main floor. Step inside to experience the beauty of the modern farmhouse details that truly set this home apart. Hardwood floors add warmth throughout the main level along with the 21 foot vaulted beamed great room which is surrounded by expansive Marvin windows flooding the space with natural light, creating an inviting atmosphere throughout. The heart of this home is undoubtedly its gourmet kitchen, featuring a state-of-the-art butler's pantry that is a chef's dream come true. Whether you're hosting intimate gatherings or preparing family feasts, this kitchen is equipped to handle it all with style and efficiency. The lower level offers space for relaxing and entertaining with a custom wet bar, reading nook and large family room with stone fireplace. Enjoy the spacious workout room and plenty of storage. Three more bedrooms and 3 baths complete the lower level. Don't miss the chance to make this exquisite residence your forever home. Embrace a lifestyle of elegance and tranquility in one of the most coveted neighborhoods. Delano School District, however, open enrollment opportunities within Orono Schools with the bus stop in the neighborhood.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2025
Materials
- Roof: Age 8 Years or Less,Asphalt
- Construction materials: Frame
Other
- Builder name: DINGMAN CUSTOM HOMES
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Air-To-Air Exchanger,Cooktop,Double Oven,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Finished,Full,Storage Space,Walk-Out Access
Bedroom
- Level: Main
- Area: 306
- Dimensions: 17x18
Bedroom2
- Level: Main
- Area: 156
- Dimensions: 13x12
Bedroom3
- Level: Lower
- Area: 221
- Dimensions: 17x13
Bedroom4
- Level: Lower
- Area: 200
- Dimensions: 16x12.5
Bedroom5
- Level: Lower
- Area: 196
- Dimensions: 14x14
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 1
- 3/4 bathrooms: 4
Dining Room
- Level: Main
- Area: 140
- Dimensions: 14x10
Exercise Room
- Level: Lower
- Area: 208
- Dimensions: 16x13
Features
- Number of fireplaces: 2
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 2,351
- Finished area above ground: 2,879
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 5,230
- Total interior livable area: 5,230 sqft
Kitchen
- Level: Main
- Area: 210
- Dimensions: 15x14
Office
- Level: Main
- Area: 168
- Dimensions: 14x12
Other
- Level: Lower
- Area: 72
- Dimensions: 12x6
Other
- Level: Main
- Area: 169
- Dimensions: 13x13
Recreation Room
- Level: Lower
- Area: 900
- Dimensions: 30x30
Screened Porch
- Level: Main
- Area: 272
- Dimensions: 17x16
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1111824340005
- Zoning description: Residential-Single Family
- Foundation area: 2597
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Front Porch,Screened
Lot
- Lot size: 1.50 Acres
- Lot size dimensions: 216 x 349 x 204 x 287
Parking
- Total spaces: 3
- Parking features: Attached,Heated Garage,Insulated Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Tornado
- Inland Flooding
- Strong Wind
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,604 | $139,248 |
| Home Insurance * | $922 | $11,064 |
| Property Taxes | $2,103 | $25,236 |
| Electricity | $441 | $5,293 |
| Total | $15,070 | $180,840 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-25 | Listed for sale | $2,295,000 |
| 2026-02-25 | Listing removed | $2,295,000 |
| 2025-11-08 | Price change | $2,295,000 |
| 2025-05-07 | Listed for sale | $2,100,000 |
View on Zillow