4940 Suburban Drive Excelsior, MN 55331

$1,699,000
Pending
estimated monthly payment
4 Beds  |  4 Baths  |  3,938 Sq Ft  |  Single Family  |  MLS # 7104029
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About The Listing

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!


Listing courtesy of Cody Smith, LPT Realty, LLC
Purchase Price
Loan Type
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Pending
Contingency Type: None
Year Built: 2000
MLS #: 7104029
Bedrooms: 4
Square Feet: 3,938
Bathrooms (Full): 2
Price Per Square Foot: $431
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 2
Parking Description: Detached Garage, Concrete, Electric, Finished Garage, Heated Garage, Insulated Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: Drilled, Well
Heat Type: Forced Air, Fireplace(s), In-Floor Heating
Basement: Tile Shower, Walkout
Foundation Type: Poured Concrete
Construction Description: Concrete
Roof Description: Age 8 Years or Less, Asphalt
Days On Market (Continuous): 11
Disability Features: None
Latest Update: 07/19/2026
List Date: 07/07/2026
Listing Agent ID: 506013152
Listing Office: LPT Realty, LLC
Listing Office ID: 253015
Data Source: NorthstarMLS - The Regional MLS of Minnesota
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
Fireplace Features: Gas, Stone
Number of Fireplaces: 2
Exterior Features: Wood
Fence: Invisible
Lot Dimensions: 197x146x195x150
Lot Size: 0.67 Acres
Pool Description: Below Ground, Heated
Lot Features: Corner Lot, Tree Coverage - Medium
School District: Minnetonka
Tax Year: 2025
Estimated Taxes: $10,520
Contingency Type: None
City: Excelsior
Zip: 55331
County: Hennepin
Subdivision: Minnetonka Manor
State: MN

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Listing last updated: 07/19/26

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