5200 Greenwood Circle, Excelsior, MN 55331
5200 Greenwood Circle, Excelsior, MN 55331
5200 Greenwood Circle, Excelsior, MN 55331
5200 Greenwood Circle, Excelsior, MN 55331
5200 Greenwood Circle, Excelsior, MN 55331
5200 Greenwood Circle, Excelsior, MN 55331
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$ 579,000
Est. payment | /mo

0.34 Acres Lot


$ 579,000
Est. payment | /mo

0.34 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7096247

Annual Tax Amount $4,783

Tax Year 2026

Contingent None

Lot Size 0.340 Acres

Lot Dimensions 132x104x151x108

Property Description

TEAR ME DOWN...or Bring Me Back to Life!
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.

Location

State MN

County Hennepin

Zoning Residential-Single Family

Interior

Inclusions For Sale Sign, Platted

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Connected, Sewer Available, Sewer Connected

Schools

School District Minnetonka

Others

Restrictions Open

Virtual Tour https://listings.blvdphoto.com/sites/rzqvbnvl/unbranded

Listed by Joel Hentges • RE/MAX Advantage Plus
Nearby Locations
Joe Mack

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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5200 Greenwood Circle