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MLS: #7072844, Listed By: Joel Hentges, RE/MAX Advantage Plus, Source:FargoMoorhead Area Association of REALTORS

5200 Greenwood Circle

Excelsior, MN 55331
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Bed 3

Bed

Bath 3

Bath

SqFt1,880

Sqft

Acres0.34

Acre(Lot)

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!

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Detail Ic Property Details

Property Type : Residential

Price : $549,000

AD Id : 82064436

MLS Id : 7072844

Beds : 3

Lot Size : 0.34 Acre

Living Area Size : 1,880

Year Built : 1975

Garage : 2

County : Hennepin

Subdivision: Penn Estates

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Appliances: Dishwasher, Dryer, Refrigerator, Washer Laundry Features: Lower Level
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water Has Cooling: Yes Cooling: Ductless

  • Building Information

    Year Built: 1975 Building Area Total: 1980 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Dimensions: 132 x 104 x 151 x 108 Main Square Feet: 0.34 Acres Lot Size Acres: 0.34 Lot Size Square Feet: 14810.4

    Property Information

    Subdivision: Minnetonka Manor Source Property Type: Residential Postal Code Plus 4: 8400 Property SubType: Single Family Residence Property Age: 51

  • Listing Price Information

    Listing Price: $549000 Original Price: $579000 Cash, Conventional

  • Tax Information

    Parcel Number: 2611723420054 Tax Year: 2026 Annual Tax: $4783 Tax Legal Desc: BLOCK 015 MINNETONKA MANOR LOTS 4 AND 5

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Mtka Blvd to Greenwood Circle WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
19700 Hillside Street, Excelsior, MN, 55331 $895,000 5 4 3,287 3,287 SqFt
19750 Waterford Place, Excelsior, MN, 55331 $999,950 4 4 3,917 3,917 SqFt
19900 Cottagewood Road, Excelsior, MN, 55331 $2,760,000 5 6 5,690 5,690 SqFt
20100 Lakeview Avenue, Excelsior, MN, 55331 $11,850,000 5 7 9,926 9,926 SqFt
20383 Excelsior Boulevard, Excelsior, MN, 55331 $1,200,000 4 3 3,077 3,077 SqFt
20390 Linwood Road, Excelsior, MN, 55331 $2,199,000 4 5 4,024 4,024 SqFt
20455 Park Place, Excelsior, MN, 55331 $3,795,000 4 5 7,480 7,480 SqFt
6060 Ridge Road, Excelsior, MN, 55331 $3,495,000 4 6 5,762 5,762 SqFt
20895 Spencer Lane, Excelsior, MN, 55331 $2,300,000 6 7 5,376 5,376 SqFt
20565 Linden Road, Excelsior, MN, 55331 $3,200,000 5 5 6,000 6,000 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 07/27/2026 @ 16:44

MLS: 7072844 LISTED BY: Joel Hentges, RE/MAX Advantage Plus 952-401-8500 SOURCE: FargoMoorhead Area Association of REALTORS

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