Listed at
$498,000
$265/sqft

Minnetonka Manor

5200 Greenwood Circle, Excelsior, MN, 55331
3  Bedrooms3  Bathrooms1,880  Square Feet0.34  Acres
Days on market59
Year built1975
Garage spaces2
TypeResidential
Est. $11,940buyer credit when you buy with SODL
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About this home

A SMART START near Historic Excelsior! This 3-bedroom home offers an affordable opportunity to enter the Lake Minnetonka area, build sweat equity, and make this home your own. Set among mature trees next to the regional trail, it is just a short walk or bike ride to Maynards, Excelsior Commons with beach - bandshell, shopping, dining, the library, and all the year-round activities the Lake Minnetonka area has to offer. The home features a private wooded setting, oversized 25x21 garage, large entertaining deck, backyard firepit area, and a flexible floor plan. The main level includes a primary suite with a private ¾ bath and walk-in closet. The walkout lower level offers two additional bedrooms, a full bath, and a spacious amusement room with bar area. Fresh interior paint and new carpeting provide a head start; buyers can do additional updating at their leisure to accommodate their desires. Bring your ideas and create value in a neighborhood surrounded by significantly higher-priced homes. Pre-listing inspection report is available in MLS supplements; buyers are encouraged to review it before submitting an offer. A rare chance to enjoy the Excelsior and Lake Minnetonka lifestyle at an attractive price! See it soon...

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1975
LevelsSplit Entry (Bi-Level)
Living area1,880 sqft
Above-grade finished990 sqft
Below-grade finished890 sqft
Lot size0.34 acres (132 x 104 x 151 x 108)
Days on market59
ListedAug 1, 2026
MLS #NST7117344
CountyHennepin
SubdivisionMinnetonka Manor
Parcel #2611723420054

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Bath breakdown
1 full / 1 3/4 / 1 half
Heating
Boiler, Hot Water
Cooling
Ductless Mini-Split
Appliances
Dishwasher, Dryer, Refrigerator, Washer

Property

Levels / stories
Split Entry (Bi-Level)
Garage
2 spaces · 25 x 21 · 525 sqft
Parking features
Detached Garage
Patio & porch
Deck
Exterior features
Vinyl
Lot size
0.34 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 990 sqft
Roof
Asphalt
Year built
1975

Utilities

Water
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
$4,783 (2026)
Listed
Aug 1, 2026
Days on market
59 · 76 cumulative
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Finished, Full
HeatingBoiler, Hot Water
CoolingDuctless Mini-Split
Fireplaces1
LaundryLower Level
AppliancesDishwasher, Dryer, Refrigerator, Washer
DiningLiving/Dining Room
AmenitiesDeck, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, In-Ground Sprinkler
AccessibilityNone
Special featuresMain Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorVinyl
RoofAsphalt
FoundationBlock
Foundation area990 sqft
Patio/porchDeck
Lot featuresTree Coverage - Medium
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceWell
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage
Garage spaces2
Garage size525 sqft

Financial details

Annual taxes$4,783
Tax year2026
Taxes w/ assessments4783
Assessment pendingUnknown
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$11,940Estimated buyer credit
SODL platform fee $3,000Your buyer credit $11,940

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

$3,182/mo
Principal & interest$2,617
Property taxes$399
Home insurance (est.)$166
%
$99,600
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

5200 Greenwood Circle, Excelsior, MN, 55331

Listing information

MLS #NST7117344
StatusActive
Last updatedSep 11, 2026, 11:10 PM
Originally listedAug 1, 2026, 7:52 AM
Listing officeRE/MAX Advantage Plus

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.