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4940 Meadville Street, Greenwood, MN 55331

$5,050,000

Once in a lifetime opportunity to own 128 feet of premium northwest facing, A-quality frontage on Lake Minnetonka.

Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 7,325 Lot Size (sq. ft.): 19,602 Status: Closed

Current Price: $5,050,000 List Date: 6/15/2023 Last Modified: 8/07/2025

Overview

Description

Once in a lifetime opportunity to own 128 feet of premium northwest facing, A-quality frontage on Lake Minnetonka. A design-build collaboration between architect Mike Sharratt and luxury home builder Steiner & Koppelman, this English Cotswold home boasts four bedrooms and six bathrooms across 5,963 finished square feet. The front door opens to reveal a vaulted great room with spectacular views. Highlighting the main floor is a renovated kitchen, hearth room, dining room, home office and luxurious primary bedroom suite. The upper-level offers two junior suites. The lower level showcases a pub-style family room, wet bar and billiards room. An elevator services all three levels. The detached guest house features one bedroom, one bathroom and a kitchenette. Manicured grounds lead the way to the lakeside deck perfectly perched to deliver panoramic views across Lake Minnetonka. The original boathouse provides lakeside storage. Walk to charming Excelsior for shopping and lakeside dining.

Listing Details MLS# 6359345

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 4
Waterfront Frontage: 128
Waterfront Present: Yes
Year Built: 1995
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Bath Three Quarters: Yes
Bath Half: 2
Main Floor Total SqFt: 3002
Above Grd Total SqFt: 4323
Below Grd Total SqFt: 3002
Total SqFt: 7325
Total Finished Sqft: 5963.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 3002
Power Company: Xcel Energy
Garage Stalls: 3
Lot Dimensions: Lake 128x152x125x170
Acres: 0.45
# Carport Spaces: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Unit: Balcony; Deck; Dock; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Security System; Skylight; Tile Floors; Vaulted Ceiling(s); Washer/Dryer Hookup; Wet Bar Appliances: Air-To-Air Exchanger; Central Vacuum; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Trash Compactor; Washer Basement: Drain Tiled; Storage Space; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 1/2 Basement; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room; Separate/Formal Dining Room Elevation Highpoint to Waterfront Slope: Steep Exterior: Stucco Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Great Room; Loft; Lower Level; Main Level Financing Terms: Cash Fireplace Characteristics: 2-Sided; Brick; Family Room; Gas Burning; Living Room; Primary Bedroom; Stone; Wood Burning Fuel: Natural Gas Heating: Forced Air Lake Details: Excellent Sand; Hard; Sand Laundry: Laundry Room; Main Level Lock Box Type: Supra Lot Description: Tree Coverage - Medium Outbuildings: Boat House; Guest House Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage; Tuckunder Garage Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: Two Water: Well Waterfront View: Bay; Lake; Panoramic; North; West

Contract Information

Off Market Date: 2023-07-25
Contingency: None
Closed Date: 2023-07-31
Original List Price: 5750000
Sales Close Price: 5050000
ListPrice: 5750000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4940
Street Name: Meadville
Street Suffix: Street
Postal City: Greenwood
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Auditors Sub 141

Assessments

Tax With Assessments: 56930.2
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 4323
Finished SqFt Below Ground: 1640

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 15-26

Lake Details

Lake Acres: 14205
Lake Depth: 113
Excellent Sand: Yes
Hard: Yes
Sand: Yes

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Supra: Yes

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 37x24
Garage Square Feet: 838
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes
Tuckunder Garage: Yes

Public Survey Info

Range#: 23
Section#: 26
Township#: 117

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 121 AUDITOR'S SUBD. NO. 141
Listing City: Greenwood
Map Page: 117
Municipality: Greenwood
Rental License?: No
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Lake Chain: N
Zip Plus 4: 8786
Property ID Number: 2611723240003
Tax Year: 2023
Tax Amount: 56930.2
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Once in a lifetime opportunity to own 128 feet of premium northwest facing, A-quality frontage on Lake Minnetonka. A design-build collaboration between architect Mike Sharratt and luxury home builder Steiner & Koppelman, this English Cotswold home boasts four bedrooms and six bathrooms across 5,963 finished square feet. The front door opens to reveal a vaulted great room with spectacular views. Highlighting the main floor is a renovated kitchen, hearth room, dining room, home office and luxurious primary bedroom suite. The upper-level offers two junior suites. The lower level showcases a pub-style family room, wet bar and billiards room. An elevator services all three levels. The detached guest house features one bedroom, one bathroom and a kitchenette. Manicured grounds lead the way to the lakeside deck perfectly perched to deliver panoramic views across Lake Minnetonka. The original boathouse provides lakeside storage. Walk to charming Excelsior for shopping and lakeside dining.
Directions: Minnetonka Boulevard to Meadville Street

Accessible

Accessible Elevator Installed: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Balcony: Yes
Deck: Yes
Dock: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Paneled Doors: Yes
Panoramic View: Yes
Patio: Yes
Primary Bedroom Walk-In Closet: Yes
Security System: Yes
Skylight: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes

Appliances

Air-To-Air Exchanger: Yes
Central Vacuum: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Trash Compactor: Yes
Washer: Yes

Basement

Drain Tiled: Yes
Storage Space: Yes
Sump Pump: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Upper Level 3/4 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
1/2 Basement: Yes
Bathroom Ensuite: Yes
Jetted Tub: Yes
Separate Tub & Shower: Yes
Walk-In Shower Stall: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Bar: Yes
Eat In Kitchen: Yes
Informal Dining Room: Yes
Kitchen/Dining Room: Yes
Living/Dining Room: Yes
Separate/Formal Dining Room: Yes

Elevation Highpoint to Waterfront Slope

Steep: Yes

Exterior

Stucco: Yes

Family Room Characteristics

2 or More: Yes
2 Story/High/Vaulted Ceilings: Yes
Family Room: Yes
Great Room: Yes
Loft: Yes
Lower Level: Yes
Main Level: Yes

Financing Terms

Cash: Yes

Fireplace Characteristics

2-Sided: Yes
Brick: Yes
Family Room: Yes
Gas Burning: Yes
Living Room: Yes
Primary Bedroom: Yes
Stone: Yes
Wood Burning: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Dock: Yes
Lake Front: Yes

Laundry

Laundry Room: Yes
Main Level: Yes

Lot Description

Tree Coverage - Medium: Yes

Outbuildings

Boat House: Yes
Guest House: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Special Search

All Living Facilities on One Level: Yes
Main Floor Bedroom: Yes
Main Floor Laundry: Yes
Main Floor Primary: Yes
Primary Bdr Suite: Yes

Stories

Two: Yes

Water

Well: Yes

Waterfront View

Bay: Yes
Lake: Yes
Panoramic: Yes
North: Yes
West: Yes

Room Information

Room Name	Dimensions	Level
Deck	35x13	Main
Patio	36x12	Main
Guest House		Upper
Bar/Wet Bar Room	20x9	Lower
Billiard Room	27x15	Lower
Family Room	24x14	Lower
Loft	10x5	Upper
Third (3rd) Bedroom	16x14.5	Upper
Second (2nd) Bedroom	16x15	Upper
First (1st) Bedroom	19x16	Main
Office	14.5x11	Main
Hearth Room	16x12	Main
Kitchen	19x15	Main
Informal Dining Room	11x8.5	Main
Dining Room	15x14	Main
Great Room	20x17	Main

Listing Office: Compass

Last Updated: August - 07 - 2025

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.