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3651 William Way, Independence, MN, 55359

5beds
6baths
7,646sqft
$3,150,000
$412price/sqft
$20,725/moest. monthly cost
$829,000/yrincome needed

About This Home

The STONEHAVEN, will be featured in the 2027 Summer Artisan Home Tour, exemplifies sophisticated design and superior craftsmanship. The main level is both grand and inviting, offering an open concept layout enhanced by floor-to-ceiling black Marvin windows, 10' ceilings, and custom beams and architectural detailing throughout. The chef’s kitchen is a statement of both form and function, featuring a substantial center island, exterior-wall sink, professional-grade range, and an elegant walk-through prep pantry. A vaulted hearth room with a striking stone-to-ceiling fireplace creates a dramatic yet welcoming focal point. The upper level hosts four generously sized bedrooms and a bonus room/theater, including a private owner’s retreat with dual walk-in closets. Secondary bedrooms are thoughtfully designed with bespoke features such as Buddy Bunks, a Princess Alcove, and private en-suite baths. The fully finished lower level elevates entertaining with a sport court, golf simulator with viewing area, stylish wet bar, and an additional bedroom. A heated five-car garage with floor drains and a dedicated man cave completes this exceptional residence. Located in Koch Farm Sanctuary, this home is part of an exclusive community offering 33 acreage lots ranging from 1.5 to 3.6 acres. Open enrollment is available in the Orono School District, with an out-of-district bus stop conveniently located within the neighborhood!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

9/10
Delano Elementary SchoolGrades PK-34.9 mi
10/10
Delano Senior High SchoolGrades 7-125.1 mi
9/10
Delano Middle SchoolGrades 4-65.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2027

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched

Other

  • Builder name: HANSON BUILDERS INC

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Gas Water Heater,Water Filtration System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned,Wine Cooler
  • Laundry features: Electric Dryer Hookup,Laundry Room,Sink,Upper Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Finished,Concrete,Sump Pump,Tile Shower,Walk-Out Access

Bedroom

  • Level: Upper
  • Area: 294.5
  • Dimensions: 19x15.5

Bedroom2

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Bedroom3

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Bedroom4

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Bedroom5

  • Level: Lower
  • Area: 238
  • Dimensions: 14x17

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 2
  • 3/4 bathrooms: 3
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Upper
  • Area: 288
  • Dimensions: 18x16

Dining Room

  • Level: Main
  • Area: 165
  • Dimensions: 15x11

Exercise Room

  • Level: Lower
  • Area: 221
  • Dimensions: 17x13

Family Room

  • Level: Lower
  • Area: 361
  • Dimensions: 19x19

Features

  • Number of fireplaces: 2
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Finished area below ground: 2,559
  • Finished area above ground: 4,839

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 7,646
  • Total interior livable area: 7,646 sqft

Kitchen

  • Level: Main
  • Area: 247
  • Dimensions: 19x13

Living Room

  • Level: Main
  • Area: 370.5
  • Dimensions: 19.5x19

Other

  • Level: Lower
  • Area: 556.5
  • Dimensions: 26.5x21

Study

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Sun Room

  • Level: Main
  • Area: 360
  • Dimensions: 18x20

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1111824420007
  • Zoning description: Residential-Single Family
  • Foundation area: 2807

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Composite Decking,Deck,Front Porch
  • Fencing: None

Lot

  • Lot size: 1.70 Acres
  • Features: Sod Included in Price,Tree Coverage - Medium
  • Lot size dimensions: 166 x 437 x 160 x 529

Parking

  • Total spaces: 5
  • Parking features: Attached,Asphalt,Electric Vehicle Charging Station(s),Floor Drain,Garage,Garage Door Opener,Heated Garage,Insulated Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Has uncovered spaces: Yes

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
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado
Inland Flooding
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $15,928$191,136
Home Insurance *$1,266$15,192
Property Taxes $2,887$34,644
Electricity $644$7,738
Total$20,725$248,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$710,571/yr
40% on housing$621,750/yr
45% on housing$552,666/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$412This listing

vs Other Active Listings

Avg $/sqft

ZIP 55359$308
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55359$232
Hennepin County$207

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

DateEventPrice
2026-03-10Listed for sale$3,150,000

New Construction

AgentLucas K Hanson
BrokerageEdina Realty, Inc.

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