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

$556,300 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.

229 days

348

12

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: $7,036
Date on market: 10/10/2025
Inclusions: None
Electric utility on property: Yes

Estimated market value

$556,300

$478,000 - $640,000

$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$1,822

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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