SOLD SEP 23, 2025

Off Market Sep 2025 for $2.1M

$2,429,825

Est. refi paymentEst. refi $13,808/mo

•

—

sq ft

5470 Maple Heights Rd, Greenwood, MN 55331

About this home

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.

Single-familyProperty Type

1968Year Built

0.37 acresLot Size

2 car garageParking

Listed by Carl Zinn • Coldwell Banker Realty

Listed by Max Zinn

Redfin checked: a few seconds ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6736726

Redfin Estimate

$2,429,825

$280K since sold in September 2025$26K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 63.8% higher than the average sale price ($1.48M) of 5 comparable homes.

SOLD AUG 29, 2025
$1,385,000
A
4 beds4 baths— sq ft
1 Maclynn Rd, Excelsior, MN 55331
SOLD JAN 29, 2026
$575,000
B
4 beds2 baths— sq ft
4980 Suburban Dr, Shorewood, MN 55331
SOLD JUN 30, 2026
$1,115,750
C
4 beds3 baths— sq ft
20381 Excelsior Blvd, Shorewood, MN 55331
SOLD APR 20, 2026
$915,000
D
4 beds3 baths— sq ft
516 Grace St, Excelsior, MN 55331
SOLD JUL 6, 2026
$3,425,000
E
5 beds3 baths— sq ft
5080 Meadville St, Greenwood, MN 55331

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Earn from this home

Sell

$596,268

Est. take-home

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Refinance

Est. cash available

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Rent

$4,312/mo

Redfin rental estimate

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Market trends in 55331, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

0.3% MoM

Median sale price

$820K

$20K MoM

Avg. days on market

24d

5 days MoM

Recently sold homes

124

11 MoM

New listings for sale

$1,749,000
5 beds5 baths5,252 sq ft
4264 Woodland Ct, Minnetrista, MN 55331
OPEN SUN, 3PM TO 4:30PM
$585,000
3 beds3 baths2,419 sq ft
4600 Foxglove Dr, Minnetrista, MN 55331
OPEN TODAY, 4PM TO 6PM
$500,000
3 beds2 baths1,853 sq ft
20860 Excelsior Blvd, Greenwood, MN 55331
NEW 8 HRS AGO
$999,900
5 beds5 baths4,603 sq ft
4605 Sunset Ln, Minnetrista, MN 55331
NEW 16 HRS AGO
$1,195,000
3 beds3 baths2,273 sq ft
203 Mill St Unit N202, Excelsior, MN 55331
$1,560,000
5 beds5 baths6,026 sq ft
25695 Maple View Ct, Shorewood, MN 55331
COMING SOON
$1,999,700
4 beds5 baths4,871 sq ft
5950 Boulder Bridge Ln, Shorewood, MN 55331
COMING SOON
$2,199,700
6 beds5 baths7,500 sq ft
20650 Parkview Ln, Shorewood, MN 55331
$1,200,000
4 beds2 baths1,602 sq ft
26750 Smithtown Rd, Shorewood, MN 55331
$775,000
2 beds2 baths1,423 sq ft
205 Mill St Unit S204, Excelsior, MN 55331
See all

Provided by Redfin

Sale history for 5470 Maple Heights Rd

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6736726

Sep 23, 2025

Sold

$2,150,000

Jul 30, 2025

Pending

—

Jun 27, 2025

Contingent

—

Jun 19, 2025

Listed

$2,500,000

NORTHSTARMLS as Distributed by MLS Grid #6736729

Jul 30, 2025

Pending

—

Jul 30, 2025

Listing Removed

—

Jun 27, 2025

Contingent

—

Jun 19, 2025

Listed

$2,500,000

Public Records

May 1, 1993

Sold

$224,000

NORTHSTARMLS as Distributed by MLS Grid #51422

Mar 12, 1993

Listed

$228,900

Year

Property tax

Land + Additions

Assessment*

2026

$25,806 (+37.4%)

$2,068,200 + $20,000

$2,088,200

2025

$18,778 (+3.2%)

$1,547,100 + $20,000

$1,567,100

2024

$18,200 (+2.7%)

$1,606,700 + $20,000

$1,626,700

2023

$17,728 (+21.5%)

$1,539,000 + $20,000

$1,559,000

2022

$14,588 (−1.9%)

$1,148,000 + $20,000

$1,168,000

2021

$14,877 (+4.8%)

$1,148,000 + $20,000

$1,168,000

2020

$14,200 (+8.3%)

$1,047,000 + $20,000

$1,067,000

2019

$13,106 (−0.5%)

$950,000 + $20,000

$970,000

2018

$13,174 (+7.5%)

$950,000 + $20,000

$970,000

2017

$12,255 (+6.1%)

$874,000 + $20,000

$894,000

2015

$11,548 (+4.6%)

$778,000 + $50,000

$828,000

2014

$11,041 (−17.4%)

$710,000 + $50,000

$760,000

2013

$13,359 (+4.7%)

$880,000 + $50,000

$930,000

2012

$12,760

$880,000 + $50,000

$930,000

Tax history for 5470 Maple Heights Rd

Year

Property tax

Land + Additions

Assessment*

2026

$25,806 (+37.4%)

$2,068,200 + $20,000

$2,088,200

2025

$18,778 (+3.2%)

$1,547,100 + $20,000

$1,567,100

2024

$18,200 (+2.7%)

$1,606,700 + $20,000

$1,626,700

2023

$17,728 (+21.5%)

$1,539,000 + $20,000

$1,559,000

2022

$14,588 (−1.9%)

$1,148,000 + $20,000

$1,168,000

2021

$14,877 (+4.8%)

$1,148,000 + $20,000

$1,168,000

2020

$14,200 (+8.3%)

$1,047,000 + $20,000

$1,067,000

2019

$13,106 (−0.5%)

$950,000 + $20,000

$970,000

2018

$13,174 (+7.5%)

$950,000 + $20,000

$970,000

2017

$12,255 (+6.1%)

$874,000 + $20,000

$894,000

2015

$11,548 (+4.6%)

$778,000 + $50,000

$828,000

2014

$11,041 (−17.4%)

$710,000 + $50,000

$760,000

2013

$13,359 (+4.7%)

$880,000 + $50,000

$930,000

2012

$12,760

$880,000 + $50,000

$930,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.37 Acres

Year renovated

2025

Sq. Ft.

2,247

Year built

2025

Style

Single Family Residential

County

Hennepin County

APN

26 117 23 44 0053

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Garage Door Opener
Garage Spaces: 2
Garage Sq. Ft.: 480

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 2
Description: 3/4 Basement,3/4 Primary,Private Primary,Main Floor Full Bath

Room 1 Information
Room Type: Living Room
Room Dimensions: 18x13
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 16x10
Room Level: Main

Room 3 Information
Room Type: Informal Dining Room
Room Dimensions: 13x9
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Dimensions: 18x11
Room Level: Main

Room 5 Information
Room Type: Bedroom 1
Room Dimensions: 14x13
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 12x10
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 12x12
Room Level: Main

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Full, Partially Finished, Walkout

Dining Room Information
Dining Room Features: Breakfast Bar,Breakfast Area,Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room

Other Rooms Information
All Living Facilities on One Level,Main Floor Primary,Main Floor Laundry,Primary Bdr Suite

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Decorative, Family Room, Wood Burning

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Kitchen, Informal Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Cedar
Foundation Area: 1,891
Roof: Age 8 Years or Less, Asphalt

Exterior Features
Patio Porch Type: Deck
Fencing: None

Pool Information
Pool Features: None

Waterfront Information
On Waterfront
Waterfront Features: Dock, Lake Front, Lake View
Water Body Name: Minnetonka
Waterfront Num: 27013300
Lake Acres: 14,205
Lake Bottom: Hard,Sand
Lake Classification: General Development
Lake Depth: 113
Waterfront Slope: Gradual
Waterfront Elevation: 15-26
Waterfront Feet: 90
Road Between Waterfront And Home Y/N: No

Property Information
Above Ground Total Sq. Ft.: 1,891
Below Ground Total Sq. Ft.: 1,891
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Storage Shed
Above Grade Finished Area: 1,891
Below Grade Finished Area: 30
Amenities: Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Washer/Dryer Hookup,Walk-In Closet

Lot Information
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Dimensions: irregular
Road Frontage Type: City Street, No Outlet/Dead End, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $18,778
Tax Year: 2025
Tax With Assessments: $18,778

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Private, Well
Power Company Name: Xcel Energy
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 952-401-5000

Location Information
Directions: Hwy 7 to N on Christmas Lake Road, Right on Excelsior Blvd, Left on Maple Heights Rd to home.
Map Coordinate: 118-A3

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 2,247
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 2025
Year Renovated: 2025
County: Hennepin County
APN: 26 117 23 44 0053

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 1921
Main Level Finished Area: 1891.0000
Building Area Total: 3782
Age Of Property: 57
Levels: One

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 1.1mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 2.2mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 1.8mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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, 2 days in 30 years

Provided by First Street

Historical weather

Greenwood, MN • 55331

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.31M – $2.80M

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New listings for sale in 55331

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4264 Woodland Ct, Minnetrista, MN 55331

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4600 Foxglove Dr, Minnetrista, MN 55331

OPEN TODAY, 4PM TO 6PM

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NEW 8 HRS AGO3D WALKTHROUGH

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NEW 16 HRS AGO

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25695 Maple View Ct, Shorewood, MN 55331

COMING SOON

$1,999,700

4 beds5 baths4,871 sq ft

5950 Boulder Bridge Ln, Shorewood, MN 55331

COMING SOON

$2,199,700

6 beds5 baths7,500 sq ft

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Home values near 5470 Maple Heights Rd

Data from public records.

Address	Redfin Estimate
5525 Maple Heights Road, Greenwood, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$549,201
5540 Maple Heights Road, Greenwood, MN 4 Beds \| 5 Baths \| - Sq. Ft.	$4,037,238

Address	Redfin Estimate
5560 Maple Heights Road, Greenwood, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$1,936,358
5435 Maple Heights Road, Greenwood, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$590,949

Address	Redfin Estimate
5500 Maple Heights Road, Greenwood, MN 4 Beds \| 4 Baths \| - Sq. Ft.	—
5475 Maple Heights Road, Greenwood, MN 3 Beds \| 2 Baths \| 1326 Sq. Ft.	$729,009

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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