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Property Description for 10261 Phaeton Drive Eden Prairie MN 55347 - MLS# 7038627
Tucked away on a quiet dead-end street in an established Eden Prairie neighborhood, this beautifully updated walkout two-story sits on a rare .6-acre wooded lot backing to Purgatory Creek. With no rear neighbors, mature trees, multiple outdoor spaces, a firepit area, private porch, and a deck that walks directly out from the kitchen, the backyard feels private, peaceful, and hard to replace.
The exterior has been substantially updated with a new roof in November 2025, new LP siding in May 2026, new skylights, and over $125,000 in exterior improvements, giving the home a brand-new exterior. The home also features a one-year-old tankless water heater, adding another important mechanical update. Inside, the kitchen stands out with walnut countertops, an island with seating, mini fridge, skylights, wooded views, and an informal dining area that connects naturally to the deck. The main level also offers a living room with gas fireplace, a family room/den with a second real stone fireplace, formal dining, formal living space separated by French doors, and convenient main-level laundry.
Upstairs, the primary suite features vaulted ceilings, wooded views, dual walk-in closets, and a private 3/4 bath with walk-in tile shower and double vanity. Three bedrooms are located on the upper level, along with beautiful hardwood floors throughout.
The finished walkout lower level adds serious flexibility with a huge fourth bedroom, full bath, amusement room, wet bar/kitchenette area, built-in speaker wiring, real stone fireplace with remote, and a large storage room. The lower-level bath is oversized and beautifully finished with French doors, soaking tub, large shower, Carrara marble, and high-end vanity and lighting. A private setting, major updates, strong layout, and quick access to Hwy 169 and Eden Prairie schools make this a standout opportunity.
General Info
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General Property Information for 10261 Phaeton Drive Eden Prairie MN 55347 - MLS# 7038627
Bedrooms and Bathrooms
Total Bedrooms:
4
Total Bathrooms:
4
Full Baths:
2
3/4 Baths:
1
1/2 Baths:
1
1/4 Baths:
0
Bath Description:
3/4 Master, Double Sink, Bathroom Ensuite, Full Basement, His and Her Closets , Private Master, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level Full Bath, Walk-In Shower Stall
Size and Home
Year Built:
1986
Type of Property:
Single Family Home
Style:
Single Family
Stories/Levels:
2 Stories
Total SqFt:
3,381
Total Fnsh'd SqFt:
2,787
Above Ground SqFt:
2,093
Finished Above Grade:
2,093
Below Ground SqFt:
1,288
Finished Below Grade:
694
Garage Stalls:
3
Garage SqFt:
766
Main Floor SqFt:
1,232
Approx Lot Dimensions:
206 x 160 x 221 x 78
Approx Number of Acres:
0.56
Property Features
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Property Features for 10261 Phaeton Drive Eden Prairie MN 55347 - MLS# 7038627
Room Information for 10261 Phaeton Drive Eden Prairie MN 55347 - MLS# 7038627
Room Name
Room Level
Room Dimensions
Living Room
Main
20x15
Kitchen
Main
12x15
Dining Room
Main
13x11
Family Room
Main
13x18
Deck
Main
14x10
Laundry
Main
8x6
Bedroom
Upper
16x12
Bedroom 2
Upper
12x13
Bedroom 3
Upper
10x10
Bedroom 4
Lower
17x12
Amusement Room
Lower
26x15
Storage
Lower
19x29
Owner and Association Info
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Owner and Assocation Info for 10261 Phaeton Drive Eden Prairie MN 55347 - MLS# 7038627
Ownership Information
Owner is Agent:
No
Rental License:
No
In Foreclosure:
No
Potential Short Sale:
No
Lender Owned:
No
Auction:
No
Association Information
Association Fee:
No
Association Fee Covers:
N/A
Tax Info
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Location, Tax and Other Information for 10261 Phaeton Drive Eden Prairie MN 55347 - MLS# 7038627
Address Information
House Number:
10261
Street:
Phaeton
Street Abbreviation:
Drive
Street Dir Sfx:
Postal City:
Eden Prairie
County:
Hennepin
State/Province:
MN
ZipCode:
55347
Subdivision:
Bluffs West
Tax Information
Parcel Number:
Tax Classification:
Residential-Single Family
Tax Year:
2025
Tax Amount:
$7,174.00
Assessments:
No
Taxes w/Assessments:
$8,192.00
School Info
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School Information for 10261 Phaeton Drive Eden Prairie MN 55347 - MLS# 7038627
School District:
272
Elementary School:
Middle School:
High School:
This listing has been entered by the following office: eXp Realty
The data relating to real estate for sale on this web site comes in part from the Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the or the and detailed information about them includes the name of the listing brokers.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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