Exceptional opportunity to build your dream home on the shores of Lake Minnetonka! Located on the highly sought-after St. Albans Bay, west facing 90-foot lakeshore property offers expansive sunset views and excellent shoreline for boating, dockage, and lake recreation. Nestled at the end of a quiet street just minutes from Excelsior, this rare close-in location combines the tranquility of lake life with convenient access to shopping, dining, and amenities. The value is in the land. Current home likely a teardown or major remodel needed - making this the perfect location for your custom lakefront estate. The building site is 90 feet on the lake and 90 feet at the construction setback and building site. This allows for a 60-foot-wide home with western lake views from almost every room. The site is 15933 sq ft. Hard cover is 30% or 4780sq ft. The current house is 2446 Sq ft.
Closed
$2,150,000
5470 Maple Heights Rd, Greenwood, MN 55331
3beds
3,782sqft
Single Family Residence
Built in 1968
0.37 Acres Lot
$2,151,400 Zestimate®
$568/sqft
$4,578 Estimated rent
Home value
$2,151,400
$1.98M - $2.32M
$4,578/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 23, 2025 at 10:21am
Listed by:
Carl N Zinn 612-251-7777,
Coldwell Banker Realty,
Max C Zinn 612-281-7060
Bought with:
Max C Zinn
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6736726
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom 1
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Family room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18x11
Informal dining room
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Kitchen
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16x10
Living room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18x13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Chandelier, Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
Features
- Basement: Daylight,Full,Partially Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Decorative, Family Room, Wood Burning
Interior area
- Total structure area: 3,782
- Total interior livable area: 3,782 sqft
- Finished area above ground: 1,891
- Finished area below ground: 30
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Bay, City Lights, Panoramic, West, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Elevation(15-26), Waterfront Num(27013300), Lake Bottom(Hard, Sand), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 90
Lot
- Size: 0.37 Acres
- Features: Many Trees
Details
- Additional structures: Storage Shed
- Foundation area: 1891
- Parcel number: 2611723440053
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar, Block
- Roof: Age 8 Years or Less,Asphalt
Condition
- Age of Property: 57
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Private, Well
Community & neighborhood
Location
- Region: Greenwood
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Sold | $2,150,000-14%$568/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6736726 Report a problem | ||
| 7/30/2025 | Pending sale | $2,500,000$661/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736729 Report a problem | ||
| 6/19/2025 | Listed for sale | $2,500,000$661/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736726 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,778 +3.2% | $2,088,200 +33.3% |
| 2024 | $18,200 +2.7% | $1,567,100 -3.7% |
| 2023 | $17,728 +21.5% | $1,626,700 +4.3% |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 2.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$2,151,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,151,400