BEDS0
BATHS
SQUARE FEET2,230
MLS#7029270
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMinnetonka
Property Description
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 appliances. Additional mechanical updates include newer furnaces installed within the past five years, providing added efficiency and peace of mind. Enjoy low-maintenance ownership, thoughtful updates, and an unbeatable location near trails, dining, and the best of Lake Minnetonka living.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Garage: 2
Heating: Forced Air
Lot Size: 1.00 Acres
Roof Type: Asphalt
Taxes: $7,026
Year Built: 1968
Feature Descriptions
Days on Site: 11
Foundation Size: 950
Lot: Irregular Lot, Tree Coverage - Heavy
Lot Dimensions: 135x329x421x140
Parcel#: 3311723110091
Parking: Attached Garage, Asphalt
Road Frontage: City Street
Sewer: City Sewer/Connected
Units: 2
Water: Well
Local Schools
School District: Minnetonka
Listed By / Shown By
Listed By
Agency Name: Keller Williams Premier Realty Lake Minnetonka
Agency Phone: 952-475-0111
Shown By
Agent Name: Joel Hentges
Agent Phone: (952) 475-9541
Agency Title: Joel Hentges - Re/Max Advantage Plus
Estimate Your Payment
Estimated Payment
$ 2,196.28 per month $1,424.14 Principal & Interest $585.50 Property Tax $186.64 Homeowner's InsuranceChange Payment Information
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5580 Shorewood Lane | MLS# 7029270
This multi-family property located at 5580 Shorewood Lane, Excelsior, MN 55331 is currently listed for sale with an asking price of $639,900. Shorewood Lane is located within the Minnetonka school district. Search Excelsior real estate on jhentges.homesbyjoel.com today.