5200 Greenwood Circle, Excelsior, MN 55331
New Listing
$579,000
Property Type:
Land
Lot Size (sq. ft.):
14,810
Status:
Active
Current Price:
$579,000
List Date:
6/19/2026
Last Modified:
6/19/2026
Listing Details MLS# 7096247
General Property Information
- Comp Sale YN
- No
- Development
- No
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- Yes
- Waterfront YN
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Lot Dimensions
- 132x104x151x108
- Acres
- 0.34
- Assessment Pending
- Unknown
- Association Fee
- 0
Property Features
Available Utilities:
Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Well Connected; Sewer Available; Sewer Connected
Development Status:
Other
Improvements:
Paved Streets; Public Road
Land Inclusions:
For Sale Sign; Platted
Lock Box Type:
Combo
Sellers Terms:
Cash; Conventional
Topography:
Wooded
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 Circle
- Postal City
- Excelsior
- County
- Hennepin
- State
- MN
- Zip Code
- 55331
Assessments
- Tax With Assessments
- 4783
- Assessment Balance
- 0
- Assessment Installment
- 0
Builder Information
- Builder Restrictions
- Open
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- Getting
- Listing City
- Greenwood
- Map Page
- 118
- Municipality
- Greenwood
- School District
- Minnetonka
- School District Phone
- 952-401-5000
- Property ID Number
- 2611723420051
- Tax Year
- 2026
- Tax Amount
- 4783
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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.
- Directions
- Minnetonka Blvd to Greenwood Circle
Development Status
- Other
- Yes
Insurance Fee
- Insurance Fee
- 0
Lock Box Type
- Combo
- Yes
Restriction/Covenants
- None
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
Topography
- Wooded
- Yes
Available Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Private Well Connected
- Yes
- Sewer Available
- Yes
- Sewer Connected
- Yes
Improvements
- Paved Streets
- Yes
- Public Road
- Yes
Land Inclusions
- For Sale Sign
- Yes
- Platted
- Yes
Seller alternative and prelist inspectio ›
Listing Office:
RE/MAX Advantage Plus
Last Updated: June - 19 - 2026
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