European Wine Country meets Lake Minnetonka in this stunning 2013 by Stonewood, on Palmer Pointe. The home is set on a half-acre, walkout lot with a very gentle slope to 133’ of sandy, clear, southeast facing shoreline on Smithtown Bay, one of Lake Minnetonka’s clearest bays. This is the first residence to come available on Palmer Pointe, an exclusive, quiet, walkable neighborhood with 8 exceptional, lakefront estates, since it was developed in 2013. THE HOME: Meticulously crafted by Stonewood in 2013, the walkout 2-story is loaded with high-end finishes/features including a bright, open floorplan, massive ceiling vaults, heated porcelain tile floors, 8’ doors, rounded archways, extensive knotty alder millwork, magnificent stonework, and so much more. Natural daylight floods the main floor through the SE facing wall of floor-to-ceiling windows from dawn until early afternoon, making way for cooling shade from afternoon to dusk. Experience expansive views of Smithtown Bay while cooking in your opulent chef’s kitchen, featuring Wolf and Sub-Zero appliances, natural stone countertops, and a walk-in pantry. Possibly the most utilized room in the home, the California room, positioned next to the kitchen, offers a wood-fired pizza oven, a built-in gas grill, an outdoor TV, and motorized Phantom screens, providing a delightful place to hang out, entertain, and take in the serene lake views outside, year around. Retire to the luxurious primary ensuite with panoramic lake views, vaulted ceilings, natural stone-topped vanity with dual sinks, a soaker tub, a walk-in shower with two shower heads, and a huge walk-in closet. The upper-level hosts three additional bedrooms supported by two additional bathrooms, a well-appointed laundry room and a reading nook overlooking the great room. The walkout lower level is all set for entertaining lake guests, boasting a fully equipped bar attached to the media room, a climate-controlled wine room, a tasting room, a 5th bedroom, additional storage, and the lake room which offers lake/pool storage and a convenient 2nd laundry set up. The oversized 3-car garage features epoxied floors with floor drains, a wash bay with hot and cold water, a central vacuum system, and plenty of room for additional storage. THE LAKESHORE: The almost perfectly flat backyard gently slopes to 133 feet of owned, southeast facing lakeshore on the crystal clear, A-rated waters of Smithtown Bay, Lake Minnetonka. The GROUNDS: The expansive backyard is flat to the water and provides extensive space for yard games and outdoor activities. Natural stone retaining walls and strategically placed landscape lighting accentuate the architectural features of the home. Exterior stairs connect the upper and lower patios, providing easy access to the backyard from the kitchen on the home’s main floor. A row of trees along the southwest property line boosts backyard privacy. A generously sized, inground hot tub on the lower patio boasts decorative lighting and water features providing the perfect place to unwind after a long day on the lake. THE LOCATION: Palmer Pointe is an executive subdivision consisting of a single loop with only 7 other lakefront estates and no through traffic. The neighborhood is very walkable, featuring a path from Merrywood Lane that leads to the Lake Minnetonka Regional Park without ever getting on a busy road. The park’s amenities include a swimming area, a fishing pier, a playground area, concessions, walking/biking trails, and more. Enjoy the convenient location with quick access to Highway 7. Reach Excelsior in 12 minutes, Mound in 10 minutes, and the 494 loop in 20 minutes.

Date	Event	Price
12/27/2012	Sold	$800,000$164/sqft
Source: NorthstarMLS as distributed by MLS GRID #4061030 Report a problem

Year	Property taxes	Tax assessment
2025	$38,994 +13.1%	$3,925,700 +12.2%
2024	$34,465 +10.9%	$3,500,200 +7.8%
2023	$31,086 +3.2%	$3,248,400 +4.2%
2022	$30,112 +1.6%	$3,118,000 +20.6%
2021	$29,643 -5.4%	$2,586,000 +2.8%
2020	$31,326 +5.7%	$2,515,000 +1.4%
2019	$29,643 -5.4%	$2,480,000 +0.7%
2018	$31,326 +0.5%	$2,463,000 +19.8%
2017	$31,167 +12.3%	$2,056,000 +1.7%
2016	$27,741 -0.1%	$2,022,000 +12.3%
2015	$27,781 +11.1%	$1,800,000 +125%
2014	$25,001	$800,000

Homes for sale

Resources

Rental listings

Tools for renters

Resources

Selling options

Started a loan application?

Your mortgage

Mortgage tools

Looking for pros?

I'm a pro

Management tasks

Tools for rental managers

4680 Palmer Pointe Rd, Excelsior, MN 55331

What's special

Facts & features

Interior

Bedrooms & bathrooms

Bedroom

Bedroom 2

Bedroom 3

Bedroom 4

Bedroom 5

Primary bathroom

Other

Dining room

Flex room

Flex room

Foyer

Great room

Kitchen

Laundry

Loft

Media room

Mud room

Other

Screened porch

Storage

Utility room

Utility room

Walk in closet

Walk in closet

Other

Heating

Cooling

Appliances

Features

Interior area

Property

Parking

Accessibility

Features

Lot

Details

Construction

Type & style

Materials

Condition

Utilities & green energy

Community & HOA

Community

HOA

Location

Financial & listing details

Estimated market value

Price history

Price history

Public tax history

Public tax history

BuyAbility℠ payment

Climate risks

Neighborhood: 55331

Nearby schools

GreatSchools rating

Local experts in 55331

Similar homes

Nearby cities

Nearby zip codes

Other Minnetrista Topics