Executive Cape Cod charmer in the heart of the Lake Minnetonka area! Beautifully situated in the sought-after Pheasant Lawn neighborhood, this classic 5-bedroom, 4-bath home rests on a private, beautifully landscaped one-acre lot surrounded by mature trees. Thoughtfully renewed and expanded for today's lifestyle, the home retains all of its warmth, character and timeless Cape Cod appeal. The inviting main level features beautiful hardwood floors, custom millwork, three wood-burning fireplaces and a spacious primary suite with private bath and his and hers closets. An updated kitchen, fresh paint, updated interior doors and windows, and thoughtful improvements throughout make this home truly move-in ready. Completed in 2025, a gorgeous addition above the new attached 3-car garage offers exceptional flexibility. Designed to flow seamlessly with the existing home, the new space includes a family room, casual dining/game area, eat-in kitchen, bedroom with ¾ bath, and a large private deck overlooking the pool and grounds. With its own exterior stairway, the suite can also be closed off from the rest of the upper level, creating wonderful private quarters for in-laws, a nanny, live-in help, extended-stay guests, or a second primary suite. Step outside and the property becomes your own private retreat. A generous main-level deck overlooks the in-ground pool and lushly landscaped grounds, creating a natural extension of the home for outdoor dining and entertaining. The pool is complemented by a charming, screened gazebo and a separate pool house/cabana with serving windows, an incredible setting for summer entertaining, relaxed afternoons by the pool and evenings with family and friends. A garden shed, fully irrigated landscaping, including irrigation to the flower boxes, and the wooded one-acre setting complete the picture. Adding to the property's unique character, one of the home's entrances is marked by the historic entrance monument to Pheasant Lawn, a distinctive reminder of the neighborhood's past. The property also enjoys a second deeded driveway access from Pheasant Road. Additional highlights include two laundry rooms, one upstairs and one downstairs; a dry, partially finished lower level ready for your finishing touches; new roof in 2025; newer furnaces; and all new pool equipment in 2020. A rare combination of classic Cape Cod charm, beautifully updated living spaces, exceptional flexibility and a resort-like backyard, all in a sought-after Lake Minnetonka location with convenient access to both Hwy 7 and I-394 and there is just 1 Stop/Yield sign between the property and Highway 12 all the way to Downtown Minneapolis. Agent and/or buyer to verify all measurements and information.
Tons of potential in this large bungalow! Sits on 1 acre with mature trees. In-ground pool, 2 decks, gazebo, pool house. Also features hardwood floors, built-ins, 3 fireplaces and tiled baths.
NORTHSTARMLS as Distributed by MLS Grid #3833277
Jul 13, 2011
Listing Removed
—
Sep 8, 2009
Listed
$599,900
$149/sq ft
NORTHSTARMLS as Distributed by MLS Grid #3580249
Jul 30, 2009
Listing Removed
—
Aug 1, 2008
Listed
$599,900
$149/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$6,294 (+10.8%)
$193,500 + $455,000
$648,500
2025
$5,683 (+8.6%)
$193,500 + $410,400
$603,900
2024
$5,234 (+26.0%)
$171,000 + $410,400
$581,400
2023
$4,155 (+2.1%)
$108,000 + $394,000
$502,000
2022
$4,070 (+4.3%)
$108,000 + $325,000
$433,000
2021
$3,902 (+1.3%)
2020
$3,852 (+5.7%)
2019
$3,644 (+2.1%)
2018
$3,570 (+18.9%)
2017
$3,002 (−37.0%)
2015
$4,768 (+4.6%)
2014
$4,559 (+0.1%)
2013
$4,554 (+29.9%)
2012
$3,505
Public record
Public record
Permits
Beds
5
Baths
2
Stories
1.75
Lot width
—
Lot depth
259 ft.
Lot size
0.99 Acres
Year renovated
1990
Finished Sq. Ft.
3,038
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,038
Year built
1952
Style
Other
County
Hennepin County
APN
21 117 23 23 0054
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Nov 18, 2024 • Final
Plumbing
Add a new bathroom above the garage.
Bathroom
Plumbing
Oct 8, 2024 • Final
Residential principal structure building
Construct an attached two-car garage addition.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Excelsior, MN • 55331
Average low and high temperatures (°F)
22
6
30
13
48
28
57
38
70
50
79
61
83
66
78
63
77
59
64
47
44
31
29
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2615 Shadywood Rd
$1,237,555
$12K under list price of $1.25M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $1.3M to $1.9M.