Welcome to a rare and extraordinary opportunity to experience the ultimate Lake Minnetonka lifestyle! Perfectly situated on a prime peninsula, this property offers spectacular panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake — a front-row seat to some of the lake's most breathtaking scenery.
With 240 feet of pristine shoreline, two private docks, and additional slips, this property is ideal for boating enthusiasts who want immediate access to open water and endless lake adventures. Spend your days paddleboarding, water skiing, or cruising to one of the many lakeside dining destinations — all just moments from your own backyard. As evening falls, gather with family and friends to enjoy unmatched sunset views and front-row seats to Excelsior’s 4th of July fireworks, right from your deck or patio.
Enjoy the home as-is, with its charming lake cabin feel, or envision and build your dream estate to fully capitalize on this one-of-a-kind setting. The existing home offers a flexible and inviting floor plan, with a main-level bedroom and full bath, open-concept living and family rooms featuring rich wood floors, beamed ceilings, and a cozy stone woodburning fireplace — all designed to frame and celebrate the sweeping lake views. Upstairs, the primary suite provides a private retreat complete with a full ensuite bath, along with two additional bedrooms an additional ¾ bath and a convenient laundry room.
Step outside to multiple outdoor living spaces, including a deck and patio perfect for summer barbecues, morning coffee with lake breezes, or simply relaxing and taking in the peaceful surroundings. The property also offers convenient access to local trails and is an easy walk or bike ride into the heart of downtown Excelsior, where charming shops, award-winning restaurants, and vibrant community events await.
Active
Price cut: $500K (8/15)
$6,400,000
5150 Meadville St, Greenwood, MN 55331
4beds
4,698sqft
Est.:
Single Family Residence
Built in 1918
0.4 Acres Lot
$6,153,500 Zestimate®
$1,362/sqft
$-- HOA
What's special
Private docksPrime peninsulaSpectacular panoramic viewsCharming lake cabin feelPristine shorelineUnmatched sunset viewsSweeping lake views
- 79 days
- on Zillow |
- 2,210 |
- 47 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 12:15pm
Listed by:
Kristi D Weinstock 612-309-8332,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6688877

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Flex Room
Bedroom 1
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15 x 10
Bedroom 2
- Level: Upper
- Area: 299 Square Feet
- Dimensions: 23 x 13
Bedroom 3
- Level: Upper
- Area: 272 Square Feet
- Dimensions: 16 x 17
Bedroom 4
- Level: Upper
- Area: 240 Square Feet
- Dimensions: 16 x 15
Other
- Level: Lower
- Area: 238 Square Feet
- Dimensions: 17 x 14
Dining room
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15 x 9
Family room
- Level: Main
- Area: 420 Square Feet
- Dimensions: 35 x 12
Flex room
- Level: Lower
- Area: 99 Square Feet
- Dimensions: 11 x 9
Kitchen
- Level: Main
- Area: 198 Square Feet
- Dimensions: 22 x 9
Living room
- Level: Main
- Area: 364 Square Feet
- Dimensions: 26 x 14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
Features
- Basement: Block,Full,Partially Finished,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Family Room, Stone, Wood Burning
Interior area
- Total structure area: 4,698
- Total interior livable area: 4,698 sqft
- Finished area above ground: 3,111
- Finished area below ground: 505
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener, Guest, Storage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (20 x 23)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Pool features: None
- Has view: Yes
- View description: Bay, Lake, North, Panoramic, South, West
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Num(27013300), Lake Bottom(Sand), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 240
Lot
- Size: 0.4 Acres
- Features: Accessible Shoreline, Island/Peninsula, Many Trees
Details
- Foundation area: 1587
- Parcel number: 2611723320010
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Shake Siding, Block
Condition
- Age of Property: 107
- New construction: No
- Year built: 1918
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
Community
- Subdivision: Auditors Sub 141
HOA
- Has HOA: No
Location
- Region: Greenwood
Financial & listing details
- Price per square foot: $1,362/sqft
- Tax assessed value: $2,501,700
- Annual tax amount: $28,995
- Date on market: 6/13/2025
- Cumulative days on market: 80 days
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