Sherry Coauette
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5200 Greenwood Circle, Greenwood, MN 55331

$549,000
  • 5200 Greenwood Circle, Greenwood, MN 55331 Main Photo

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Active Price Reduced by $30,000 on July 16th, 2026
LOT SIZE 0.340 acres MLS#7096247
STATUSActive PROPERTY TYPELand - Residential SCHOOLMinnetonka

Property Description

TEAR ME DOWN...or Bring Me Back to Life!Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy access to Maynards, Excelsior Commons, Lake Minnetonka, shopping, dining, the library, and all the charm and activities that make Excelsior such a sought-after destination. The home features a private wooded setting, oversized 25x21 garage, expansive deck for entertaining, backyard firepit area, and a functional floor plan with plenty of space to reimagine. The main level includes a primary suite with a private ¾ bath and walk-in closet, while the walkout lower level offers two additional bedrooms, a full bath, and a large amusement room with bar area.Recent improvements include fresh interior paint and new carpeting, but buyers should expect repairs, deferred maintenance, and the need for cosmetic updating throughout. This is not a turnkey property and is being offered as an opportunity for someone with vision to build equity in a neighborhood surrounded by significantly higher-priced homes. The true value lies in the location, privacy, walkability, and potential. Rarely does a property in this setting become available at such an attractive price point. Renovate, refresh, expand, or rebuild?the choice is yours.Pre-listing inspection report available in MLS supplements. Buyers are encouraged to review the report prior to submitting an offer.

5200 Greenwood Circle | MLS# 7096247

This land located at 5200 Greenwood Circle, Greenwood, MN 55331 is currently listed for sale with an asking price of $549,000. The property has approximately 0.34 Acres. Greenwood Circle is located within the Minnetonka school district. Search Greenwood real estate on scoauette.leblancrealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.34 Acres
Taxes: $4,783

Feature Descriptions

Days on Site: 32
Improvements: Paved Streets, Public Road
Land Inclusions: For Sale Sign, Platted
Lot Dimensions: 132x104x151x108
Topography: Wooded
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Connected, Sewer Available, Sewer Connected

Local Schools

School District: Minnetonka

Listed By / Shown By

Listed By

Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-401-8500

Shown By

Agent Name: Sherry Coauette
Agent Phone: (218) 280-8272
Agency Title: LeBlanc Realty

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Estimated Payment

$ 1,780.54 per month $1,221.84 Principal & Interest $398.58 Property Tax $160.13 Homeowner's Insurance

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