Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $10,520 (2025).

What school district is this property in?

This property is in the 276 - Minnetonka school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 11 days.

Sold / Closed

$1,740,000

Sold price · Closed Aug 6, 2026

$431/sqft

Minnetonka Manor

4940 Suburban Drive, Excelsior, MN, 55331

4 Bedrooms4 Bathrooms3,938 Square Feet0.67 Acres

Days on market11

Year built2000

Garage spaces2

TypeResidential

Est. $47,970buyer credit when you buy with SODL

About this home

Welcome to 4940 Suburban Drive, a beautifully maintained one-owner home nestled on a .67 acre lot in the heart of Deephaven. Offering the perfect blend of comfort, charm, and privacy, this exceptional property is your own private oasis. The meticulously landscaped grounds feature a professionally manicured lawn, mature trees, and a sparkling in-ground pool, creating an ideal setting for relaxing or entertaining all summer long. Car enthusiasts and hobbyists will appreciate the oversized two-car garage, complete with heating, air conditioning, epoxy floors, and premium built-in cabinetry for year-round comfort and organization. Inside, the open-concept gourmet kitchen is designed for gathering, showcasing high-end cabinetry and a stunning walnut center island that serves as the heart of the home. The spacious layout flows effortlessly into the main living areas, making it perfect for everyday living and entertaining. Upstairs, you'll find three bedrooms on the same level, including a spacious primary suite with a walk-in closet featuring custom built-in cabinetry. The recently remodeled ensuite bath offers luxurious in-floor heat, a large soaking tub, and peaceful views of the beautifully landscaped backyard. The walkout lower level includes a full wet bar and kitchenette, making it the perfect space for entertaining guests or serving refreshments during poolside gatherings. Lovingly cared for by its original owner, this charming Deephaven home offers timeless appeal, thoughtful updates, and an unbeatable setting. Come experience everything 4940 Suburban Drive has to offer!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built2000

LevelsTwo

Living area3,938 sqft

Above-grade finished3,032 sqft

Below-grade finished906 sqft

Lot size0.67 acres (197x146x195x150)

Days on market11

ListedJul 5, 2026

MLS #NST7104029

CountyHennepin

SubdivisionMinnetonka Manor

Parcel #2511723230018

Facts & features

Interior

Bedrooms: 4
Bathrooms: 4
Bath breakdown: 2 full / 1 3/4 / 1 half
Heating: Forced Air, Fireplace(s), In-Floor Heating
Cooling: Central Air
Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories: Two
Garage: 2 spaces · 28x33 · 924 sqft
Parking features: Detached Garage, Concrete, Electric, Finished Garage, Heated Garage, Insulated Garage
Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened
Exterior features: Wood
Pool: Below Ground, Heated

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Concrete
Foundation: Poured Concrete · 2,024 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 2000

Utilities

Water: Drilled, Well
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Minnetonka Manor
HOA: No HOA
School district: 276 - Minnetonka
High school district: Minnetonka

Financial & listing details

Annual tax: $10,520 (2025)
Listed: Jul 5, 2026
Days on market: 11
Manufactured home: Yes

Interior details

Total bathrooms4

Full baths2

3/4 baths1

Half baths1

1/4 baths0

BasementTile Shower, Walkout

HeatingForced Air, Fireplace(s), In-Floor Heating

CoolingCentral Air

Fireplaces2

AppliancesAir-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

DiningInformal Dining Room, Kitchen/Dining Room

AmenitiesCeiling Fan(s), Deck, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Porch, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar, Walk-In Closet

AccessibilityNone

Special features3 BR on One Level, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorWood

RoofAge 8 Years or Less, Asphalt

FoundationPoured Concrete

Foundation area2,024 sqft

Patio/porchCovered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened

Lot featuresCorner Lot, Tree Coverage - Medium

Road frontagePaved Streets

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceDrilled, Well

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete, Electric, Finished Garage, Heated Garage, Insulated Garage

Garage spaces2

Garage size924 sqft

Financial details

Annual taxes$10,520

Tax year2025

Taxes w/ assessments10520

Assessment pendingNo

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District276 - Minnetonka

District number276

District phone9524015000

High schoolMinnetonka

SODL flat fee brokerage

$47,970Estimated buyer credit

SODL platform fee $3,000Your buyer credit $47,970

Buyer-side commission

3.0%

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

$10,372/mo

Principal & interest$8,929

Property taxes$877

Home insurance (est.)$566

Down payment

$339,800

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.