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MLS: #7096247, Listed By: Joel Hentges, RE/MAX Advantage Plus, Source:FargoMoorhead Area Association of REALTORS

5200 Greenwood Circle

Excelsior, MN 55331
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Acres0.34

Acre(Lot)

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 wit h 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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Detail Ic Property Details

Property Type : Land

Price : $579,000

AD Id : 85557740

MLS Id : 7096247

Lot Size : 0.34 Acre(Lot)

County : Hennepin

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Feature Features

  • Lot Information

    Lot Dimensions: 132x104x151x108 Main Square Feet: 0.34 Acres Lot Size Acres: 0.34 Lot Size Square Feet: 14810.4 Lot Description: Wooded

  • Listing Price Information

    Listing Price: $579000 Cash, Conventional

  • Tax Information

    Parcel Number: 2611723420051 Tax Year: 2026 Annual Tax: $4783 Tax Legal Desc: Getting

  • Utility Information

    Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Location Information

    Direction: Minnetonka Blvd to Greenwood Circle
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
59XX Galpin Lake Road, Excelsior, MN, 55331 $925,000 -- -- -- 2.55 Acres(Lot)
TBD Maple View Court, Excelsior, MN, 55331 $989,000 -- -- -- 3.58 Acres(Lot)
20450 Linwood Rd Rd, Excelsior, MN, 55331 $450,000 -- -- -- 0.29 Acre(Lot)
5480 Radisson Entrance, Excelsior, MN, 55331 $532,900 -- -- -- 0.93 Acre(Lot)
21155 Minnetonka Boulev.., Excelsior, MN, 55331 $350,000 -- -- -- 0.23 Acre(Lot)
151 Bell Street, Excelsior, MN, 55331 $499,900 -- -- -- 0.15 Acre(Lot)
185 Lakeview Avenue, Excelsior, MN, 55331 $499,000 -- -- -- 0.58 Acre(Lot)
4410 Manitou Road, Excelsior, MN, 55331 $2,590,000 -- -- -- 0.44 Acre(Lot)
4330 Manitou Road, Excelsior, MN, 55331 $2,399,000 -- -- -- 0.41 Acre(Lot)
24560 Smithtown Road, Excelsior, MN, 55331 $599,000 -- -- -- 1.06 Acres(Lot)
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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 06/27/2026 @ 12:14

MLS: 7096247 LISTED BY: Joel Hentges, RE/MAX Advantage Plus 952-401-8500 SOURCE: FargoMoorhead Area Association of REALTORS

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