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28235 Boulder Circle, Excelsior, MN 55331

$3,998,000

140 feet of level, west-facing sandy lakeshore

winding driveway and more than 400 feet of paver drive and walkways create a grand approach to the home

Amazing west Facing views. Virtually Staged.

2-sided fireplace to Formal Dining. Virtually staged

Another great space to Relax-Virtually Staged

Entertaining at its finest-Virtually Staged

Enjoy west facing Sunsets-Virtually Staged

140 Ft of Flat western facing Lakeshore.

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 8,828 Lot Size (sq. ft.): 60,113 Status: Active

Current Price: $3,998,000 List Date: 7/06/2026 Last Modified: 7/15/2026

Overview

Description

An extraordinary opportunity to own one of Lake Minnetonka's most coveted waterfront properties in highly desirable Smithtown Bay. Situated on over one acre with approximately 140 feet of level, west-facing sandy lakeshore, this exceptional estate captures breathtaking sunset views and offers a rare combination of privacy, prestige, and potential. Originally transformed through an expansive remodel by renowned architect Charles Stinson in 1994, the residence showcases architectural vision and quality craftsmanship throughout. A winding driveway and more than 400 feet of paver drive and walkways create a grand approach to the home, setting the stage for this remarkable lakefront retreat. Whether you choose to enjoy the home as it stands today, reimagine and renovate it to suit your lifestyle, or take advantage of this irreplaceable setting to build your dream estate, the possibilities are truly endless. The generous lot, coveted shoreline, and premier location near Howard's Point Marina ... (Read more)

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Listing Details MLS# 7104458

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 3
Road Btwn WF & Home?: No
Waterfront Frontage: 140
Waterfront YN: Yes
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: Yes
Bath Half: 2
Main Floor Total SqFt: 4217
Above Grd Total SqFt: 4994
Below Grd Total SqFt: 3834
Total SqFt: 8828
Total Finished Sqft: 6074.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 3518
Garage Stalls: 4
Lot Dimensions: irregular
Acres: 1.38
Assessment Pending: No
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Dock; Hardwood Floors; Hot Tub; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Panoramic View; Primary Bedroom Walk-In Closet; Sauna; Sun Room; Walk-In Closet; Other Appliances: Dishwasher; Refrigerator Basement: Concrete Block; Crawl Space; Partially Finished Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Private Primary Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Separate/Formal Dining Room Exterior: Brick/Stone; Wood Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Main Level Fireplace Characteristics: 2-Sided; Living Room; Primary Bedroom Foundation: Other Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room; Main Level Lot Description: Accessible Shoreline Sellers Terms: Cash; Conventional; Other Sewer: City Sewer/Connected Stories: Three Level Split Water: Well Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Lake

Contract Information

Contingency: None
Original List Price: 3998000
ListPrice: 3998000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 28235
Street Name: Boulder
Street Suffix: Circle
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331

Assessments

Tax With Assessments: 53293.22
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 4994
Finished SqFt Below Ground: 1080

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 1170

Public Survey Info

Range#: 23
Section#: 31
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: REG. LAND SURVEY NO. 1337 TRACT A
Listing City: Excelsior
Map Page: 117
Municipality: Shorewood
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 600
Property ID Number: 3111723340018
Tax Year: 2026
Tax Amount: 53293.22
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: An extraordinary opportunity to own one of Lake Minnetonka's most coveted waterfront properties in highly desirable Smithtown Bay. Situated on over one acre with approximately 140 feet of level, west-facing sandy lakeshore, this exceptional estate captures breathtaking sunset views and offers a rare combination of privacy, prestige, and potential. Originally transformed through an expansive remodel by renowned architect Charles Stinson in 1994, the residence showcases architectural vision and quality craftsmanship throughout. A winding driveway and more than 400 feet of paver drive and walkways create a grand approach to the home, setting the stage for this remarkable lakefront retreat. Whether you choose to enjoy the home as it stands today, reimagine and renovate it to suit your lifestyle, or take advantage of this irreplaceable setting to build your dream estate, the possibilities are truly endless. The generous lot, coveted shoreline, and premier location near Howard's Point Marina and within the award-winning Minnetonka School District make this a once-in-a-generation offering. Bring your imagination and be delightfully surprised by the incredible opportunity that awaits. This home has been virtually staged. Sold AS-IS.
Directions: Smithtown road to Boulder circle

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Deck: Yes
Dock: Yes
Hardwood Floors: Yes
Hot Tub: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Panoramic View: Yes
Primary Bedroom Walk-In Closet: Yes
Sauna: Yes
Sun Room: Yes
Walk-In Closet: Yes
Other: Yes

Appliances

Dishwasher: Yes
Refrigerator: Yes

Basement

Concrete Block: Yes
Crawl Space: Yes
Partially Finished: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Private Primary: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes
Informal Dining Room: Yes
Separate/Formal Dining Room: Yes

Exterior

Brick/Stone: Yes
Wood: Yes

Family Room Characteristics

2 Story/High/Vaulted Ceilings: Yes
Main Level: Yes

Fireplace Characteristics

2-Sided: Yes
Living Room: Yes
Primary Bedroom: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Room: Yes
Main Level: Yes

Lot Description

Accessible Shoreline: Yes

Patio, Porch and Deck Features

Deck: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Stories

Three Level Split: Yes

Water

Well: Yes

Waterfront Type

Lake Front: Yes
Lake View: Yes
Dock: Yes

Waterfront View

Lake: Yes

Room Information

Room Name	Dimensions	Level
First (1st) Bedroom	15 x 16	Upper
Kitchen	20 x 18	Main
Second (2nd) Bedroom	14 x 14	Upper
Third (3rd) Bedroom	14 x 14	Upper

Listing Office: Coldwell Banker Realty

Last Updated: July - 15 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.