Listed By
Agency Name: Keller Williams Premier Realty Lake Minnetonka
Agency Phone: 952-475-0111
Shown By
Agent Name: Thomas Simonsen, Metrowide Team
Agent Phone: (612) 978-2585
Agency Title: Counselor Realty
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.
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Estimated Payment
$ 4,177.95 per month $3,405.82 Principal & Interest $585.50 Property Tax $186.64 Homeowner's InsuranceThank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
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 tsimonsen.counselorrealty.com today.