5200 Greenwood Circle
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About this home
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.
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- Lot size
- 0.34 acres
- Lot dimensions
- 132x104x151x108
- Lot features
- Tree Coverage - Medium
- Road frontage
- City Street
- Road responsibility
- Public Maintained Road
- Parcel #
- 2611723420020
Construction
- Property type
- Land
Utilities
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Connected, Sewer Available, Sewer Connected
Community & HOA
- HOA
- No HOA
- School district
- 276 - Minnetonka
- High school district
- Minnetonka
Financial & listing details
- Annual tax
- $4,783 (2026)
- Listed
- Aug 17, 2026
- Days on market
- 42
- Inclusions
- For Sale Sign,Platted
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
