Listed at
$3,450,000
$716/sqft

Richwood Add

4770 Manitou Road, Excelsior, MN, 55331
4  Bedrooms5  Bathrooms4,820  Square Feet0.66  Acres
Days on market57
Year built1982
Garage spaces3
TypeResidential
Est. $100,500buyer credit when you buy with SODL
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About this home

Perfectly positioned on one of Lake Minnetonka's most desirable settings, this exceptional lakefront residence offers the rare combination of an outstanding on-and-off-the-water location, ideal elevation, and coveted main-level living. Set on .66 acres with 104 feet of beautiful lakeshore on Old Channel Bay with exceptional water quality, the property captures sweeping water views and beautiful summer sunsets from nearly every room. Thoughtfully designed for effortless everyday living and entertaining, the home features expansive gathering spaces, a luxurious main-level primary suite, additional ensuite bedroom, private office, upper-level guest accommodations, and a spacious lower level ready for future customization. Located in the desirable Minnetonka School District, this is a rare opportunity to enjoy a true Lake Minnetonka gem.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1982
LevelsTwo
Living area4,820 sqft
Above-grade finished4,020 sqft
Below-grade finished800 sqft
Lot size0.66 acres (S110x240xL104x240)
Days on market57
ListedAug 3, 2026
MLS #NST7120864
CountyHennepin
SubdivisionRichwood Add
Parcel #2811723120024

Facts & features

Interior

Bedrooms
4
Bathrooms
5
Bath breakdown
2 full / 2 3/4 / 1 half
Heating
Forced Air, In-Floor Heating
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
Two
Garage
3 spaces · 24x36 · 864 sqft
Parking features
Attached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Insulated Garage, Other
Patio & porch
Patio, Screened
Exterior features
Cement Board, Stucco
Waterfront
Dock, Lake Front, Lake View

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block, Slab · 3,320 sqft
Roof
Age Over 8 Years, Age 8 Years or Less, Asphalt, Flat
Year built
1982

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Richwood Add
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$38,435 (2026)
Listed
Aug 3, 2026
Days on market
57 · 149 cumulative
Manufactured home
Yes

Interior details

Total bathrooms5
Full baths2
3/4 baths2
Half baths1
1/4 baths0
BasementBlock, Drain Tiled, Finished, Sump Pump
HeatingForced Air, In-Floor Heating
CoolingCentral Air
Fireplaces3
LaundryLaundry Room, Main Level
AppliancesAir-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningInformal Dining Room, Separate/Formal Dining Room
AmenitiesCeiling Fan(s), Dock, French Doors, Hardwood Floors, Kitchen Center Island, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Paneled Doors, Security System, Skylight, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Walk-Up Attic
AccessibilityNone
Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorCement Board, Stucco
RoofAge Over 8 Years, Age 8 Years or Less, Asphalt, Flat
FoundationBlock, Slab
Foundation area3,320 sqft
Patio/porchPatio, Screened
Lot featuresTree Coverage - Light
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Insulated Garage, Other
Garage spaces3
Garage size864 sqft

Financial details

Annual taxes$38,435
Tax year2026
Taxes w/ assessments38435
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$100,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $100,500

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$22,484/mo
Principal & interest$18,131
Property taxes$3,203
Home insurance (est.)$1,150
%
$690,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

4770 Manitou Road, Excelsior, MN, 55331

Listing information

MLS #NST7120864
StatusActive
Last updatedSep 17, 2026, 10:49 PM
Originally listedAug 3, 2026, 3:35 PM
Listing officeEdina Realty, Inc.
Co-listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.