A rare opportunity to own a move-in ready home in Deephaven on Lake Minnetonka under two million dollars! Experience exceptional Lake Minnetonka living in Deephaven, a community celebrated for its natural beauty, small-town charm, and access to top-rated Minnetonka schools. Situated along the quiet, wooded shoreline of Carson’s Bay, this property offers peaceful views and the rare luxury of permanent boat slips, providing effortless access to boating, paddleboarding, fishing, sunset cruises, and year-round recreation. In summer, Carson’s Bay is a favorite for exploring the lake, while winter transforms it into one of Minnetonka’s most popular ice-fishing destinations. From winter activities like ice fishing, hockey, skating, and snowmobiling to summer days filled with swimming, tubing, wake-surfing, kayaking, paddle boarding, sunset cruises, and easy boat rides to Wayzata favorites such as Cov, 6Smith, and Macanda, this home places every season of Lake Minnetonka living—excitement and relaxation alike—right at your doorstep. The home also features numerous recent updates, including improvements to the HVAC system, roof, kitchen, paint, and flooring, offering modern comfort and peace of mind. Families value the proximity to Deephaven Elementary, a National Blue Ribbon School known for outstanding academics, while the historic Cottagewood General Store—an iconic neighborhood landmark for more than a century—adds warmth and character with its community events and timeless charm. Whether you cherish the home as it is, envision a thoughtful remodel, or dream of building something entirely new, this lakeshore property offers extraordinary opportunities—and rarely available lakeshore affordability.
Active
Price cut: $200K (4/27)
$1,799,900
19860 Cottagewood Rd, Excelsior, MN 55331
4beds
3,514sqft
Est.:
Single Family
Built in 1957
0.35 Acres Lot
$1,730,000 Zestimate®
$512/sqft
$-- HOA
What's special
Permanent boat slipsPeaceful viewsNumerous recent updates
- 34 days |
- 2,093 |
- 43 |
Zillow last checked:
Listing updated:
Listed by:
Dean C Foerster 952-484-4722,
Century 21 Atwood
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7043361
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom 2
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15 x 11
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bedroom 4
- Level: Lower
- Area: 143 Square Feet
- Dimensions: 13 x 11
Bedroom 5
- Level: Lower
- Area: 120 Square Feet
- Dimensions: 12 x 10
Bedroom 6
- Level: Lower
- Area: 120 Square Feet
- Dimensions: 12 x 10
Other
- Level: Lower
- Area: 88 Square Feet
- Dimensions: 11 x 8
Dining room
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17 x 10
Family room
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15 x 13
Great room
- Level: Lower
- Area: 336 Square Feet
- Dimensions: 21 x 16
Kitchen
- Level: Main
- Area: 275 Square Feet
- Dimensions: 25 x 11
Living room
- Level: Main
- Area: 374 Square Feet
- Dimensions: 22 x 17
Heating
- Forced Air, In-Floor Heating
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Range, Refrigerator
Features
- Basement: Full,Walk-Out Access
- Number of fireplaces: 3
- Fireplace features: Amusement Room, Family Room, Living Room
Interior area
- Total structure area: 3,514
- Total interior livable area: 3,514 sqft
- Finished area above ground: 1,844
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Garage spaces: 2
- Details: Garage Dimensions (24 x 20)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: Bay, City Lights
- Has water view: Yes
- Water view: Bay
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 92
Lot
- Size: 0.35 Acres
- Features: Irregular Lot
Details
- Foundation area: 1844
- Parcel number: 2411723430021
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
- Amenities included: Boat Slip, Deck, Boat Dock, Patio
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $512/sqft
- Tax assessed value: $1,020,700
- Annual tax amount: $12,300
- Date on market: 3/26/2026
- Cumulative days on market: 127 days
Estimated market value
$1,730,000
$1.64M - $1.82M
$4,831/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $1,799,900-10%$512/sqft |
Source: | ||
| 4/6/2026 | Price change | $1,999,900-9.1%$569/sqft |
Source: | ||
| 3/26/2026 | Listed for sale | $2,199,000-4.4%$626/sqft |
Source: | ||
| 3/26/2026 | Listing removed | $2,299,999$655/sqft |
Source: | ||
| 3/19/2026 | Price change | $2,299,999-1.1%$655/sqft |
Source: | ||
| 3/6/2026 | Price change | $2,324,999-1.1%$662/sqft |
Source: | ||
| 2/26/2026 | Price change | $2,349,999-2.1%$669/sqft |
Source: | ||
| 1/30/2026 | Listed for sale | $2,400,000$683/sqft |
Source: | ||
| 1/30/2026 | Listing removed | $2,400,000-39.9%$683/sqft |
Source: | ||
| 11/29/2025 | Price change | $3,995,000+66.5%$1,137/sqft |
Source: | ||
| 11/21/2025 | Price change | $2,400,000-40%$683/sqft |
Source: | ||
| 11/11/2025 | Price change | $3,999,995+66.7%$1,138/sqft |
Source: | ||
| 11/11/2025 | Listed for sale | $2,400,000$683/sqft |
Source: | ||
| 8/4/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/4/2025 | Pending sale | $2,400,000$683/sqft |
Source: Owner Report a problem | ||
| 8/1/2025 | Listed for sale | $2,400,000+271.6%$683/sqft |
Source: Owner Report a problem | ||
| 11/30/2007 | Listing removed | $645,800$184/sqft |
Source: Obeo #3204138 Report a problem | ||
| 11/14/2007 | Listed for sale | $645,800-2.9%$184/sqft |
Source: Obeo #3204138 Report a problem | ||
| 2/13/2007 | Sold | $665,000+107.8%$189/sqft |
Source: Public Record Report a problem | ||
| 8/9/1999 | Sold | $320,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,301 +14.9% | $1,020,700 +5.6% |
| 2024 | $10,707 +3.3% | $966,500 +11.5% |
| 2023 | $10,365 +14.4% | $866,600 +2.9% |
| 2022 | $9,057 +4.9% | $842,000 +31.8% |
| 2021 | $8,636 +0.7% | $639,000 +2.6% |
| 2020 | $8,575 -0.7% | $623,000 +5.4% |
| 2019 | $8,636 +0.7% | $591,000 +2.8% |
| 2018 | $8,575 +4% | $575,000 +8.5% |
| 2017 | $8,245 +6.9% | $530,000 |
| 2016 | $7,715 -1.3% | $530,000 -2% |
| 2015 | $7,815 +3.9% | $541,000 +15.4% |
| 2014 | $7,524 +5.7% | $469,000 -2.3% |
| 2013 | $7,120 -1.5% | $480,000 -5.5% |
| 2012 | $7,228 +10.4% | $508,000 -3.1% |
| 2011 | $6,548 -2.2% | $524,000 -9% |
| 2010 | $6,696 -3% | $576,000 -6.2% |
| 2009 | $6,903 +41.5% | $614,000 +36.2% |
| 2006 | $4,878 +8.4% | $450,800 +15% |
| 2005 | $4,500 +9.4% | $392,000 +15% |
| 2004 | $4,112 +4.8% | $340,900 +12% |
| 2002 | $3,926 -43.1% | $304,400 |
| 2001 | $6,897 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$11,037/mo
Principal & interest
$9282
Property taxes
$1755
More affordability tools
Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 8/10Deephaven Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Minnetonka East Middle SchoolGrades: 6-8Distance: 1.9 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Deephaven
- 55331
- 19860 Cottagewood Rd






