5570 & 5580 Shorewood Lane, Excelsior, MN 55331

Excelsior
Local realty services provided by:ERA Gillespie Real Estate
5570 & 5580 Shorewood Lane,Excelsior, MN 55331
$599,000
  • 6 Beds
  • 4 Baths
  • 2,230 sq. ft.
  • Multi-family
  • Active
Listed by: the holmers group, justin j holmers
Office: keller williams premier realty lake minnetonka
MLS#:7079447
Source:NSMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$238.65

About this home

Exceptional investment and lifestyle opportunity in the heart of Shorewood! This outstanding duplex is ideally located just steps from the Lake Minnetonka Regional Trail, offering direct access into downtown Excelsior where you’ll enjoy restaurants, boutique shopping, and vibrant lake life year-round. Walk or bike to nearby Tonka Bay for additional dining favorites including Hazelwood and Joey Nova’s. Whether you’re an investor or owner-occupant, this property offers a rare income-producing opportunity with strong rental potential while enjoying one of Lake Minnetonka’s most desirable communities. Both units have been extensively updated and well maintained. Major exterior improvements completed in 2010 include new columns, shutters, paint, professional landscaping, and a 35-year Timberline roof. Recent 2026 updates bring a fresh, modern feel throughout with new carpet, luxury vinyl plank flooring, full interior paint, updated light switches, painted garage and utility floors, and new...

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Home facts

  • Year built:1968
  • Listing ID #:7079447
  • Added:95 day(s) ago
  • Updated:August 26, 2026 at 12:11 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Finished, Full
  • Living area:2,230 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1968
  • Building area:2,230 sq. ft.
  • Lot area:0.46 Acres
  • Lot Features:Irregular Lot, Tree Coverage - Heavy
  • Levels:1 Story

Utilities

  • Water:Well
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$238.65
  • Tax amount:$7,026 (2026)

Parking

  • Parking description:Asphalt, Attached Garage
  • Garage:Yes
  • Garage spaces:2
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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