5200 Greenwood Circle Excelsior, MN 55331

$549,000
Active
estimated monthly payment
3 Beds  |  3 Baths  |  1,880 Sq Ft  |  Single Family  |  MLS # 7072844
Open House(s)
Sat, Jul. 25 11:30am to 12:30pm
  • Lots of upside near Excelsior
    Lots of upside near Excelsior
  • Virtually stage photo
    Virtually stage photo
  • 5200 Greenwood Circle, Excelsior, MN 55331 Listing Photo  3
  • 5200 Greenwood Circle, Excelsior, MN 55331 Listing Photo  4
  • 5200 Greenwood Circle, Excelsior, MN 55331 Listing Photo  5
  • 5200 Greenwood Circle, Excelsior, MN 55331 Listing Photo  6
  • Main floor 1/2 bath
    Main floor 1/2 bath
  • Primary brm
    Primary brm
  • 3/4 bath in primary brm
    3/4 bath in primary brm
  • Primary brm closet
    Primary brm closet
  • Primary brm with bath and walkin closet
    Primary brm with bath and walkin closet
  • Main floor
    Main floor
  • Lower level
    Lower level
  • Floor plans
    Floor plans
  • Virtual staged photo
    Virtual staged photo
  • Lower level family room
    Lower level family room
  • Full bath on lower level
    Full bath on lower level
  • 19-print-5200-greenwood-cir.jpg
    19-print-5200-greenwood-cir.jpg
  • Maynards is close enough to walk to
    Maynards is close enough to walk to
  • Lakeside at Maynards
    Lakeside at Maynards
  • Tranquil backyard
    Tranquil backyard
  • Large deck for BBQ's
    Large deck for BBQ's
  • Fire pit in the private backyard
    Fire pit in the private backyard
  • Over size garage 25 x 21
    Over size garage 25 x 21
  • Trail nearby for an EZ walk into downtown Excelsior
    Trail nearby for an EZ walk into downtown Excelsior
  • 5200 Greenwood Circle, Excelsior, MN 55331 Listing Photo  26
  • Beach at Excelsior commons
    Beach at Excelsior commons
  • Historic Excelsior
    Historic Excelsior
  • 5200 Greenwood Circle, Excelsior, MN 55331 Listing Photo  29
  • Pre-inspected too
    Pre-inspected too

About The Listing

VISIONARY WANTED...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. SEE THIS property soon and enjoy the Lake Minnetonka lifestyle!


Listing courtesy of Joel Hentges, RE/MAX Advantage Plus
Purchase Price
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1975
MLS #: 7072844
Bedrooms: 3
Square Feet: 1,880
Bathrooms (Full): 1
Price Per Square Foot: $292
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 2
Parking Description: Detached Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Ductless Mini-Split
Water: Well
Heat Type: Boiler, Hot Water
Basement: Daylight/Lookout Windows, Finished, Full
Foundation Type: Block
Roof Description: Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 07/20/2026
List Date: 06/10/2026
Listing Agent ID: 502001816
Listing Office: RE/MAX Advantage Plus
Listing Office ID: 80304
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Refrigerator, Washer
Fireplace Features: Gas, Living Room
Laundry Features: Lower Level
Number of Fireplaces: 1
Exterior Features: Vinyl
Lot Dimensions: 132 x 104 x 151 x 108
Lot Size: 0.34 Acres
Lot Features: Tree Coverage - Medium
School District: Minnetonka
Tax Year: 2026
Estimated Taxes: $4,783
Contingency Type: None
City: Excelsior
Zip: 55331
County: Hennepin
Subdivision: Minnetonka Manor
State: MN

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Listing last updated: 07/20/26

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