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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$549,000

Est. payment - /mo

3 Beds

3 Baths

1,880 SqFt

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Open House

Sat Jul 25, 11:30am - 12:30pm

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,880 sqft

Price per Sqft $292

Subdivision Minnetonka Manor

MLS Listing ID 7072844

Bedrooms 3

Full Baths 1

Half Baths 1

Three Quarter Bath 1

Year Built 1975

Annual Tax Amount $4,783

Tax Year 2026

Contingent None

Lot Size 0.340 Acres

Lot Dimensions 132 x 104 x 151 x 108

Property Sub-Type Single Family

Property Description

VISIONARY WANTED...Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy access to Maynards, Excelsior Commons, Lake Minnetonka, shopping, dining, the library, and all the charm and activities that make Excelsior such a sought-after destination. The home features a private wooded setting, oversized 25x21 garage, expansive deck for entertaining, backyard firepit area, and a functional floor plan with plenty of space to reimagine. The main level includes a primary suite with a private ¾ bath and walk-in closet, while the walkout lower level offers two additional bedrooms, a full bath, and a large amusement room with bar area. Recent improvements include fresh interior paint and new carpeting, but buyers should expect repairs, deferred maintenance, and the need for cosmetic updating throughout. This is not a turnkey property and is being offered as an opportunity for someone with vision to build equity in a neighborhood surrounded by significantly higher-priced homes. The true value lies in the location, privacy, walkability, and potential. Rarely does a property in this setting become available at such an attractive price point. Renovate, refresh, expand, or rebuild—the choice is yours. Pre-listing inspection report available in MLS supplements. Buyers are encouraged to review the report prior to submitting an offer. SEE THIS property soon and enjoy the Lake Minnetonka lifestyle!

Location

State MN

County Hennepin

Zoning Residential-Single Family

Rooms

Basement Daylight/Lookout Windows, Finished, Full

Dining Room Living/Dining Room

Interior

Heating Boiler, Hot Water

Cooling Ductless Mini-Split

Fireplaces Number 1

Fireplaces Type Gas, Living Room

Fireplace Yes

Appliance Dishwasher, Dryer, Refrigerator, Washer

Laundry Lower Level

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Asphalt

Building

Lot Description Tree Coverage - Medium

Story Split Entry (Bi-Level)

Foundation 990

Sewer City Sewer/Connected

Water Well

Level or Stories Split Entry (Bi-Level)

New Construction false

Schools

School District Minnetonka

Others

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Listed by Joel Hentges • RE/MAX Advantage Plus

Nearby School & Business

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5200 Greenwood CIR Excelsior, MN 55331