Active

Price cut: $25K (3/6)

$500,000

20450 Linwood Rd, Excelsior, MN 55331

--beds

--baths

0.29Acres

Unimproved Land

Built in ----

0.29 Acres Lot

$544,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Tucked in the heart of Cottagewood U.S.A., this private 2-bedroom cottage offers a rare chance to remodel or build new in one of Lake Minnetonka’s most sought-after neighborhoods. The home features a walkout lower level and an oversized one-car garage. Enjoy easy access to the neighborhood beach, parks, sport courts, scenic trails, and the beloved Cottagewood General Store. Award-winning Minnetonka Schools with Spanish Immersion available at neighborhood school Deephaven Elementary. Per the city of Deephaven, the maximum home footprint is 2982 sq feet.

181 days

463

9

Facts & features

Interior

Features

Has basement: No

Property

Features

Waterfront features: Pond

Lot

Size: 0.29 Acres
Dimensions: 125 x 26
Topography: Level,Walkout

Details

Parcel number: 2411723320018
Zoning description: Residential-Single Family

Utilities & green energy

Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Available, Private Well Connected, Sewer Available, Sewer Connected

Community & HOA

Community

Features: No

HOA

Has HOA: No

Location

Region: Excelsior

Financial & listing details

Tax assessed value: $605,000
Annual tax amount: $5,303
Date on market: 10/10/2025
Inclusions: None
Electric utility on property: Yes

Estimated market value

$544,500

$468,000 - $626,000

$2,276/mo

Price history

Date	Event	Price
3/6/2026	Price change	$500,000-4.8%
Source: NorthstarMLS as distributed by MLS GRID #6802587 Report a problem
10/10/2025	Listed for sale	$525,000-8.7%
Source: NorthstarMLS as distributed by MLS GRID #6802587 Report a problem
10/10/2025	Listing removed	$575,000
Source: NorthstarMLS as distributed by MLS GRID #6713319 Report a problem
7/11/2025	Listed for sale	$575,000+173.8%
Source: NorthstarMLS as distributed by MLS GRID #6713319 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
1/28/2013	Sold	$210,000-29.9%
Source: NorthstarMLS as distributed by MLS GRID #4079160 Report a problem
7/3/2012	Listing removed	$299,500
Source: Owner Report a problem
1/5/2012	Listed for sale	$299,500
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,303 +4.1%	$605,000 +25.4%
2024	$5,093 +11.2%	$482,500
2023	$4,578 +1.5%	$482,500 +11.9%
2022	$4,510 +13.4%	$431,000 +11.9%
2021	$3,976 -8.5%	$385,000 +12.6%
2020	$4,344 +9.3%	$342,000 -0.9%
2019	$3,976 -8.5%	$345,000 +1.2%
2018	$4,344 +21.1%	$341,000 +15.6%
2017	$3,586 -10.9%	$295,000 +14.8%
2016	$4,027 +29.9%	$257,000 +12.7%
2015	$3,101 +8.1%	$228,000 -7.7%
2014	$2,869 -8.6%	$247,000 -3.1%
2013	$3,140 -17.2%	$255,000 -19.3%
2012	$3,792 +4.4%	$316,000
2011	$3,631 +1.9%	$316,000 -7.1%
2010	$3,565 -4.6%	$340,000 -7.6%
2009	$3,736 +22.8%	$368,000 +26.4%
2006	$3,041 +9.5%	$291,200 +15%
2005	$2,777 +9.9%	$253,300 +15%
2004	$2,526 +5%	$220,300 +12%
2002	$2,405 -42.4%	$196,700
2001	$4,173	--

Find assessor info on the county website

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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