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5140 Greenwood Circle, Greenwood, MN 55331

New Listing

$1,995,000

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Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 5,204 Lot Size (sq. ft.): 14,810 Status: Active

Current Price: $1,995,000 List Date: 7/24/2026 Last Modified: 7/24/2026

Overview

Description

Introducing 5140 Greenwood Circle in Greenwood, Minnesota. Exceptional craftsmanship and timeless renovations define this remarkable lake community residence overlooking the tranquil waters of Saint Albans Bay on Lake Minnetonka. Featuring five bedrooms and three bathrooms, this home showcases soaring vaulted ceilings, striking timber-frame architecture, and thoughtfully designed living spaces that seamlessly blend elegance with comfort. The newly remodeled kitchen is a chef's dream, complete with Thermador appliances, Cambria countertops, and custom cabinetry. Adjacent to the kitchen is the inviting hearth room with gas fireplace, providing the perfect place to unwind, while the sunroom captures panoramic lake views in every season. The luxurious main-level primary bedroom suite serves as a private retreat, offering a spa-inspired bathroom with a new bathtub, heated floors, expansive dressing room, and direct access to the spacious hardwood deck. Accessible from the living room, sunro ... (Read more)

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Listing Details MLS# 7113886

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?: Yes
Waterfront YN: No
Year Built: 2004
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Main Floor Total SqFt: 2980
Above Grd Total SqFt: 2980
Below Grd Total SqFt: 2224
Total SqFt: 5204
Total Finished Sqft: 5120.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 3112
Garage Stalls: 3
Lot Dimensions: 93x170x90x155
Acres: 0.34
Assessment Pending: No
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Wet Bar Appliances: Air-To-Air Exchanger; Chandelier; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Other Assumable Loan: Not Assumable Basement: Kitchenette Bath Description: Double Sink; Full Jack & Jill; Main Floor Full Bath; Full Primary; Private Primary; Full Basement; Bathroom Ensuite; Separate Tub & Shower; Walk Thru; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room; Separate/Formal Dining Room Exterior: Wood Family Room Characteristics: 2 or More; Family Room; Great Room; Lower Level; Main Level Fireplace Characteristics: Electric; Family Room; Gas Burning; Living Room; Stone Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; Fiber Optic; Satellite Laundry: Lower Level; Main Level Lock Box Type: Supra Lot Description: Tree Coverage - Light Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Divided Bdr Flr Plan; Main Floor Bedroom; Main Floor Primary; Primary Bdr Suite Stories: One Water: Private; Well Waterfront Type: Lake View Waterfront View: Bay; Lake; Panoramic; South

Contract Information

Contingency: None
Original List Price: 1995000
ListPrice: 1995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5140
Street Name: Greenwood
Street Suffix: Circle
Postal City: Greenwood
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Registered Land Surv 1720 Tr

Assessments

Tax With Assessments: 19903
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2980
Finished SqFt Below Ground: 2140

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 Dimensions: 42x28
Garage Square Feet: 888

Public Survey Info

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

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: REG. LAND SURVEY NO. 1720 TRACT B
Listing City: Greenwood
Map Page: 118
Municipality: Greenwood
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 8756
Property ID Number: 2611723420081
Tax Year: 2026
Tax Amount: 19903
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Introducing 5140 Greenwood Circle in Greenwood, Minnesota. Exceptional craftsmanship and timeless renovations define this remarkable lake community residence overlooking the tranquil waters of Saint Albans Bay on Lake Minnetonka. Featuring five bedrooms and three bathrooms, this home showcases soaring vaulted ceilings, striking timber-frame architecture, and thoughtfully designed living spaces that seamlessly blend elegance with comfort. The newly remodeled kitchen is a chef's dream, complete with Thermador appliances, Cambria countertops, and custom cabinetry. Adjacent to the kitchen is the inviting hearth room with gas fireplace, providing the perfect place to unwind, while the sunroom captures panoramic lake views in every season. The luxurious main-level primary bedroom suite serves as a private retreat, offering a spa-inspired bathroom with a new bathtub, heated floors, expansive dressing room, and direct access to the spacious hardwood deck. Accessible from the living room, sunroom, and primary suite, the deck overlooks the sparkling waters of Saint Albans Bay, creating an idyllic setting for sunset gatherings. The newly added screened-in porch is the perfect backyard retreat. Two additional bedrooms complete the main floor. The walkout lower level features a generous family room with a gas fireplace, wet bar, and two additional bedrooms for hosting family and friends. Outside, manicured grounds surround the 0.34-acre lot. Rich in history, the property occupies the former grounds of the historic Greenwood Hotel, with the original stone retaining wall still intact. Perfectly positioned to offer peaceful views while remaining just minutes from the charming shops, restaurants, and amenities of downtown Excelsior, this exceptional property delivers an unparalleled Lake Minnetonka lifestyle. An extensive list of home improvements is available upon request.
Directions: West on Highway 7, North on 101, West on Minnetonka Blvd, to Greenwood Circle

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Deck: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Panoramic View: Yes
Patio: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Sun Room: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Wet Bar: Yes

Appliances

Air-To-Air Exchanger: Yes
Chandelier: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Assumable Loan

Not Assumable: Yes

Basement

Kitchenette: Yes

Bath Description

Double Sink: Yes
Full Jack & Jill: Yes
Main Floor Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
Full Basement: Yes
Bathroom Ensuite: Yes
Separate Tub & Shower: Yes
Walk Thru: Yes
Walk-In Shower Stall: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Kitchen/Dining Room: Yes
Separate/Formal Dining Room: Yes

Exterior

Wood: Yes

Family Room Characteristics

2 or More: Yes
Family Room: Yes
Great Room: Yes
Lower Level: Yes
Main Level: Yes

Fireplace Characteristics

Electric: Yes
Family Room: Yes
Gas Burning: Yes
Living Room: Yes
Stone: Yes

Foundation

Poured Concrete: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes
Fiber Optic: Yes
Satellite: Yes

Laundry

Lower Level: Yes
Main Level: Yes

Lock Box Type

Supra: Yes

Lot Description

Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Covered: Yes
Deck: Yes
Enclosed: Yes
Front Porch: Yes
Patio: Yes
Porch: Yes
Rear Porch: Yes
Screened: Yes
Terrace: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes
Divided Bdr Flr Plan: Yes
Main Floor Bedroom: Yes
Main Floor Primary: Yes
Primary Bdr Suite: Yes

Stories

One: Yes

Water

Private: Yes
Well: Yes

Waterfront Type

Lake View: Yes

Waterfront View

Bay: Yes
Lake: Yes
Panoramic: Yes
South: Yes

Room Information

Room Name	Dimensions	Level
Deck	45x14
Dining Room	17x17	Main
Family Room	21.5x13.5	Lower
Fifth (5th) Bedroom	13x11.5	Lower
First (1st) Bedroom	21x16.5	Main
Fourth (4th) Bedroom	14x12	Lower
Game Room	17.5x14.5	Lower
Great Room	21x17.5	Main
Kitchen	18x12.5	Main
Living Room	19.5x13	Main
Primary Bath	16.5x14.5	Main
Patio	17x14
Screened Porch	18x12	Main
Second (2nd) Bedroom	12.5x11.5	Main
Third (3rd) Bedroom	12.5x11.5	Main

Listing Office: Compass

Last Updated: July - 24 - 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.