Off Market May 2025 for $1.2M

$1,335,397

Est. refi paymentEst. refi $8,878/mo

•

—

sq ft

5540 Covington Rd, Shorewood, MN 55331

About this home

Welcome to this spacious Lecy-built walk-out rambler, perfectly situated on just under an acre of serene, wooded privacy—with a walking easement to the sparkling shores of Christmas Lake. This home offers not just a place to live, but a lifestyle centered around nature, comfort, and refined living. Step inside to a freshly painted interior that’s been impeccably maintained, with wooded views greeting you from every window—creating a constant connection to the outdoors. The heart of the home is a beautifully remodeled kitchen featuring rich oak floors and granite countertops, offering a warm and inviting space to gather, cook, and entertain. The open main-level living room centers around a cozy gas fireplace—ideal for crisp evenings—while the primary suite offers a true sanctuary with tray ceilings and a spa-inspired ensuite complete with double sinks and a jetted tub. Enjoy easy, one-level living while having the flexibility to host and entertain with a spacious lower level that includes a second gas fireplace, large family room, three bedrooms, two baths, and even a sauna for the ultimate in-home relaxation. But the magic extends beyond the walls. Imagine summer days lounging by your own pool with a convenient bathhouse just steps away. Picture morning strolls to Christmas Lake, evenings by the fire, or weekend escapes to nearby downtown Excelsior or Lake Minnetonka—just minutes away. This home blends peaceful seclusion with quick access to charming boutiques, lakeside dining, and vibrant community events. Whether you're hosting guests, enjoying quiet moments in nature, or taking a quick dip in the pool after work, this home is a true slice of paradise—designed for everyday comfort, elevated living, and effortless enjoyment.

Single-familyProperty Type

1993Year Built

0.91 acresLot Size

3 car garageParking

Listed by Kristi Weinstock • Coldwell Banker Realty

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6624812

Redfin Estimate

$1,335,397

$35K since sold in May 2025$3,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.5% higher than the average sale price ($1.07M) of 6 comparable homes.

SOLD MAY 20, 2026
$875,000
A
4 beds4 baths— sq ft
18216 Woolman Dr, Minnetonka, MN 55345
SOLD AUG 6, 2026
$1,740,000
B
4 beds4 baths— sq ft
4940 Suburban Dr, Shorewood, MN 55331
BOUGHT WITH REDFIN APR 7, 2026
$931,000
C
4 beds4 baths— sq ft
5474 Carrie Ln, Shorewood, MN 55331
SOLD AUG 3, 2026
$1,655,000
D
4 beds4 baths— sq ft
4820 Lodge Ln, Greenwood, MN 55331
SOLD JUN 2, 2026
$739,900
E
4 beds3 baths— sq ft
5915 Sweetwater Cir, Shorewood, MN 55331
SOLD JUN 30, 2026
$495,000
F
Land— sq ft
20020 Vine St, Shorewood, MN 55331

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Earn from this home

Sell

$240,660

Est. take-home

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Refinance

Est. cash available

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Rent

$5,075/mo

Redfin rental estimate

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Market trends in 55331, MN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.3%

0.1% MoM

Median sale price

$795K

$28K MoM

Avg. days on market

19d

2 days MoM

Recently sold homes

115

29 MoM

New listings for sale

COMING SOON
$1,749,000
5 beds5 baths5,252 sq ft
4264 Woodland Ct, Minnetrista, MN 55331
NEW 30 MINS AGO
$775,000
2 beds2 baths1,423 sq ft
205 Mill St Unit S204, Excelsior, MN 55331
OPEN SAT, 12PM TO 2PM
$619,000
5 beds2 baths2,246 sq ft
25715 Wild Rose Ln, Shorewood, MN 55331
$595,000
4 beds3 baths2,059 sq ft
5665 Star Cir, Shorewood, MN 55331
OPEN TODAY, 3:30PM TO 5PM
$1,375,000
4 beds4 baths4,113 sq ft
2180 Crestview Dr, Excelsior, MN 55331
OPEN SAT, 12:30PM TO 2PM
$1,099,000
3 beds3 baths3,226 sq ft
23780 Lawtonka Dr, Shorewood, MN 55331
COMING SOON
$824,900
4 beds3 baths3,893 sq ft
269 Tristan Dr, Excelsior, MN 55331
$750,000
3 beds4 baths2,724 sq ft
20452 Knightsbridge Rd, Shorewood, MN 55331
$915,000
4 beds2 baths3,176 sq ft
27885 Woodside Rd, Shorewood, MN 55331
COMING SOON
$585,000
3 beds3 baths2,419 sq ft
4600 Foxglove Dr, Minnetrista, MN 55331
See all

Provided by Redfin

Sale history for 5540 Covington Rd

Date

Event

Price

Public Records

May 8, 2025

Sold

$1,299,971

NORTHSTARMLS as Distributed by MLS Grid #6624812

May 7, 2025

Sold

$1,299,970

Apr 22, 2025

Pending

—

Apr 16, 2025

Contingent

—

Apr 12, 2025

Listed

$1,299,900

NORTHSTARMLS as Distributed by MLS Grid #3450534

Oct 8, 2007

Listed

$940,000

Oct 8, 2007

Listing Removed

—

Public Records

May 18, 1993

Sold

$75,000

Public Records

May 3, 1993

Sold

$100,000

NORTHSTARMLS as Distributed by MLS Grid #916816

Jan 22, 1993

Listed

$110,000

NORTHSTARMLS as Distributed by MLS Grid #904724

Apr 14, 1992

Listed

$110,000

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Year

Property tax

Land + Additions

Assessment*

2026

$14,379 (+3.3%)

$283,000 + $807,700

$1,090,700

2025

$13,921 (−2.8%)

$338,000 + $743,900

$1,081,900

2024

$14,329 (+12.0%)

$400,600 + $758,100

$1,158,700

2023

$12,791 (+12.2%)

$295,000 + $735,000

$1,030,000

2022

$11,405 (+4.5%)

$192,000 + $641,000

$833,000

2021

$10,910 (+0.5%)

$180,000 + $614,000

$794,000

2020

$10,859 (−4.2%)

$156,000 + $601,000

$757,000

2019

$11,332 (−11.4%)

$191,000 + $591,000

$782,000

2018

$12,783 (+12.2%)

$322,000 + $549,000

$871,000

2017

$11,398 (−5.2%)

$228,000 + $548,000

$776,000

2015

$12,018 (−7.5%)

$284,000 + $513,000

$797,000

2014

$12,997 (+1.4%)

$330,000 + $492,000

$822,000

2013

$12,820 (+4.7%)

$330,000 + $504,000

$834,000

2012

$12,245

$330,000 + $507,000

$837,000

Tax history for 5540 Covington Rd

Year

Property tax

Land + Additions

Assessment*

2026

$14,379 (+3.3%)

$283,000 + $807,700

$1,090,700

2025

$13,921 (−2.8%)

$338,000 + $743,900

$1,081,900

2024

$14,329 (+12.0%)

$400,600 + $758,100

$1,158,700

2023

$12,791 (+12.2%)

$295,000 + $735,000

$1,030,000

2022

$11,405 (+4.5%)

$192,000 + $641,000

$833,000

2021

$10,910 (+0.5%)

$180,000 + $614,000

$794,000

2020

$10,859 (−4.2%)

$156,000 + $601,000

$757,000

2019

$11,332 (−11.4%)

$191,000 + $591,000

$782,000

2018

$12,783 (+12.2%)

$322,000 + $549,000

$871,000

2017

$11,398 (−5.2%)

$228,000 + $548,000

$776,000

2015

$12,018 (−7.5%)

$284,000 + $513,000

$797,000

2014

$12,997 (+1.4%)

$330,000 + $492,000

$822,000

2013

$12,820 (+4.7%)

$330,000 + $504,000

$834,000

2012

$12,245

$330,000 + $507,000

$837,000

*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

3.5

Stories

Lot width

—

Lot depth

229 ft.

Lot size

0.88 Acres

Year renovated

2000

Sq. Ft.

3,914

Year built

1993

Style

Single Family Residential

County

Hennepin County

APN

36 117 23 21 0012

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, Asphalt, Garage Door Opener, Guest Parking, Storage
Garage Spaces: 3
Garage Dimensions: 23 x 31
Garage Sq. Ft.: 713
Garage Door Height: 16
Garage Door Width: 11

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 2
# of Half Baths (Total): 1
Description: Two Basement Baths,3/4 Basement,Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Sauna,Separate Tub & Shower,Jetted Tub,Walk-In Shower Stall

Room 1 Information
Room Type: Amusement Room
Room Dimensions: 29 x 18
Room Level: Lower

Room 2 Information
Room Type: Dining Room
Room Dimensions: 12 x 12
Room Level: Main

Room 3 Information
Room Type: Bedroom
Room Dimensions: 17 x 15
Room Level: Main

Room 4 Information
Room Type: Bedroom 4
Room Dimensions: 16 x 12
Room Level: Lower

Room 5 Information
Room Type: Great Room
Room Dimensions: 18 x 16
Room Level: Main

Room 6 Information
Room Type: Kitchen
Room Dimensions: 15 x 13
Room Level: Main

Room 7 Information
Room Type: Laundry
Room Dimensions: 11 x 8
Room Level: Main

Room 8 Information
Room Type: Bedroom 2
Room Dimensions: 15 x 12
Room Level: Lower

Room 9 Information
Room Type: Bedroom 3
Room Dimensions: 14 x 13
Room Level: Lower

Laundry Room Information
Laundry Features: Gas Dryer Hookup, Laundry Room, Main Level, Sink

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout

Dining Room Information
Dining Room Features: Eat In Kitchen,Informal Dining Room,Separate/Formal Dining Room

Other Rooms Information
3 BR on One Level,All Living Facilities on One Level,Main Floor Primary,Main Floor Bedroom,Main Floor Laundry

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Amusement Room, Circulating, Family Room, Gas

Heating & Cooling
Heating Information: Forced Air, Humidifier, Zoned
Cooling Information: Central Air

Interior Features
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Concrete, Frame
Foundation Area: 2,004
Roof: Shake, Age 8 Years or Less, Pitched

Exterior Features
Patio Porch Type: Deck
Exterior Features: Stone, Wood
Fencing: Chain Link, Full

Pool Information
Pool Features: Below Ground, Heated

Waterfront Information
Waterfront Features: Deeded Access
Road Between Waterfront And Home Y/N: N

Property Information
Above Ground Total Sq. Ft.: 2,004
Below Ground Total Sq. Ft.: 2,004
FractionalOwnershipYN: No
Property Type: Residential
Other Structures: Pool House
Above Grade Finished Area: 2,044
Below Grade Finished Area: 1,766
Amenities: Cable,Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Sauna,Security System,Security Lights,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Land Information
Wooded Area: 0
Pasture Area: 0
Cultivated Area: 0

Lot Information
Lot Features: Tree Coverage - Medium
Lot Size Area: 0.91
Lot Size Units: Acres
Lot Size Dimensions: 152 x 229 x 190 x 240
Road Frontage Type: City Street, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $13,891
Tax Year: 2025
Tax With Assessments: $13,891

Utilities

Utility Information
Water Source: Well
Electric: Circuit Breakers
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: 9524015000

Location Information
Directions: Highway 7 to Old Market Rd, South to Covington Road to the home on the right.
Map Coordinate: 118-A3

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 3,914
Stories: 1.0
Lot Size: 0.88 acres
Style: Single Family Residential
Year Built: 1993
Year Renovated: 2000
County: Hennepin County
APN: 36 117 23 21 0012

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 3810
Living Area Units: Square Feet
Main Level Finished Area: 2004
Building Area Total: 4008
Foundation Details: Block
Levels: One

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 1.6mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 2.5mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 1.3mi

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

1/10 Heat Factor

7 days above 98° expected this year, 13 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

Shorewood, 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

$1.27M – $1.54M

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Home values near 5540 Covington Rd

Data from public records.

Address	Redfin Estimate
5480 Covington Rd, Shorewood, MN 4 Beds \| 5 Baths \| - Sq. Ft.	$1,636,575
5635 Covington Rd, Shorewood, MN 5 Beds \| 7 Baths \| - Sq. Ft.	$2,054,982

Address	Redfin Estimate
5570 Covington Rd, Shorewood, MN 5 Beds \| 5 Baths \| - Sq. Ft.	$3,475,167
5630 Covington Rd, Shorewood, MN 4 Beds \| 3.5 Baths \| 5220 Sq. Ft.	$2,758,173

Address	Redfin Estimate
5615 Covington Rd, Excelsior, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,331,122
5620 Covington Rd, Shorewood, MN 5 Beds \| 5 Baths \| 5314 Sq. Ft.	$2,164,151

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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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 5540 Covington Rd

Tax history for 5540 Covington Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55331

Home values near 5540 Covington Rd

More real estate resources