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5200 Greenwood Circle, Excelsior, MN 55331

$579,000

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

Trail nearby for an EZ walk into downtown Excelsior

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,980 Lot Size (sq. ft.): 14,810 Status: Active

Current Price: $579,000 List Date: 6/11/2026 Last Modified: 6/28/2026

Overview

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 carpetin ... (Read more)

Listing Details MLS# 7072844

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 1975
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 990
Above Grd Total SqFt: 990
Below Grd Total SqFt: 990
Total SqFt: 1980
Total Finished Sqft: 1880.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 990
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 132 x 104 x 151 x 108
Acres: 0.34
Assessment Pending: Unknown
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Ductless Amenities Unit: Deck; In-Ground Sprinkler; Kitchen Window; Main Floor Primary Bedroom; Primary Bedroom Walk-In Closet Appliances: Dishwasher; Dryer; Refrigerator; Washer Basement: Full Bath Description: Main Floor 1/2 Bath; 3/4 Primary; Full Basement Construction Status: Previously Owned Dining Room Description: Living/Dining Room Electric: Circuit Breakers Exterior: Vinyl Family Room Characteristics: Lower Level Fireplace Characteristics: Gas Burning; Living Room Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Hot Water Internet Options: Cable Laundry: Lower Level Lock Box Type: Combo Lot Description: Tree Coverage - Medium Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: Main Floor Bedroom; Main Floor Primary Stories: Bi-Level Water: Well

Contract Information

Contingency: None
Original List Price: 579000
ListPrice: 579000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5200
Street Name: Greenwood
Street Suffix: Circle
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Minnetonka Manor

Assessments

Tax With Assessments: 4783
Assessment Balance: 0
Assessment Installment: 0

Building Information

Finished SqFt Above Ground: 990
Finished SqFt Below Ground: 890

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 25 x 21
Garage Square Feet: 525

Public Survey Info

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

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: BLOCK 015 MINNETONKA MANOR LOTS 4 AND 5
Listing City: Excelsior
Map Page: 118
Municipality: Greenwood
School District: Minnetonka
School District Phone: 952-401-5000
Zip Plus 4: 8400
Property ID Number: 2611723420054
Tax Year: 2026
Tax Amount: 4783
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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!
Directions: Mtka Blvd to Greenwood Circle

Accessible

None: Yes

Air Conditioning

Ductless: Yes

Amenities Unit

Deck: Yes
In-Ground Sprinkler: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Primary Bedroom Walk-In Closet: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Basement

Full: Yes

Bath Description

Main Floor 1/2 Bath: Yes
3/4 Primary: Yes
Full Basement: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Living/Dining Room: Yes

Electric

Circuit Breakers: Yes

Exterior

Vinyl: Yes

Family Room Characteristics

Lower Level: Yes

Fireplace Characteristics

Gas Burning: Yes
Living Room: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Hot Water: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes

Laundry

Lower Level: Yes

Lock Box Type

Combo: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Deck: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Special Search

Main Floor Bedroom: Yes
Main Floor Primary: Yes

Stories

Bi-Level: Yes

Water

Well: Yes

Room Information

Room Name	Dimensions	Level
Deck	36 x 9	Main
Dining Room	9 x 8.7	Main
Family Room	21 x 14.9	Lower
First (1st) Bedroom	13 x 11.6	Main
Kitchen	13 x 8	Main
Living Room	24 x 13	Main
Second (2nd) Bedroom	12.7 x 11.4	Lower
Third (3rd) Bedroom	12.7 x 9	Lower

Documents

Lead paint and well disclosure ›

Sellers alternative disclosure ›

Listing Office: RE/MAX Advantage Plus

Last Updated: June - 28 - 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.