LakeMinnetonkaRealEstate.com Search Results

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 brand new roof being installed! 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.

ACTIVE Status ⋅ 6 Beds ⋅ 4 Baths ⋅ 7157563 MLS ⋅ 2,230 SqFt.

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 brand new roof being installed! 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.

5570 & 5580 Shorewood Lane, Excelsior

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$560,000

Don't miss this incredible duplex located on a corner lot in the highly desirable Minnetonka School District. This side by side duplex offers flexibility for owner-occupants, investors or buyers considering a potential 1031 exchange. Each unit includes three bedrooms and two bathrooms, along with a fireplace, private deck and attached garage. The property is just blocks from the regional trail system and minutes from downtown Excelsior, providing convenient access to dining, shopping and lake-area amenities. The side by side layout with separate entrances supports independent living arrangements and multiple use options. AI virtual staging. Buyer to verify all measurements, uses and income potential.

CLOSED Status ⋅ 6 Beds ⋅ 4 Baths ⋅ 7008176 MLS ⋅ 3,300 SqFt.

Don't miss this incredible duplex located on a corner lot in the highly desirable Minnetonka School District. This side by side duplex offers flexibility for owner-occupants, investors or buyers considering a potential 1031 exchange. Each unit includes three bedrooms and two bathrooms, along with a fireplace, private deck and attached garage. The property is just blocks from the regional trail system and minutes from downtown Excelsior, providing convenient access to dining, shopping and lake-area amenities. The side by side layout with separate entrances supports independent living arrangements and multiple use options. AI virtual staging. Buyer to verify all measurements, uses and income potential.

5415 Mallard Lane, Excelsior

Listing courtesy of Coldwell Banker Realty.

$570,402

Don't miss this incredible duplex located in the highly desirable Minnetonka School District. This side by side duplex offers flexibility for owner-occupants, investors or buyers considering a potential 1031 exchange. Each unit includes three bedrooms and two bathrooms, along with a fireplace, private deck and attached garage. The property is just blocks from the regional trail system and minutes from downtown Excelsior, providing convenient access to dining, shopping and lake-area amenities. The side by side layout with separate entrances supports independent living arrangements and multiple us options. AI virtual staging. Buyer to verify all measurements, uses and income potential.

CLOSED Status ⋅ 6 Beds ⋅ 4 Baths ⋅ 7008690 MLS ⋅ 3,300 SqFt.

Don't miss this incredible duplex located in the highly desirable Minnetonka School District. This side by side duplex offers flexibility for owner-occupants, investors or buyers considering a potential 1031 exchange. Each unit includes three bedrooms and two bathrooms, along with a fireplace, private deck and attached garage. The property is just blocks from the regional trail system and minutes from downtown Excelsior, providing convenient access to dining, shopping and lake-area amenities. The side by side layout with separate entrances supports independent living arrangements and multiple us options. AI virtual staging. Buyer to verify all measurements, uses and income potential.

5420 Mallard Lane, Excelsior

Listing courtesy of Coldwell Banker Realty.

$575,000

Don't miss this incredible duplex located in highly desirable neighborhood within Minnetonka Schools and just minutes from Excelsior’s boutiques, restaurants, trails, and one block to Lake Minnetonka City Docks. Each side features generous 3 beds, 2 baths, fabulous open floor plan, living room with fireplace and attached garage. Out back find spacious patio and huge private yard. Brand new roof and more! This one won't last.

CLOSED Status ⋅ 6 Beds ⋅ 4 Baths ⋅ 6824123 MLS ⋅ 2,880 SqFt.

Don't miss this incredible duplex located in highly desirable neighborhood within Minnetonka Schools and just minutes from Excelsior’s boutiques, restaurants, trails, and one block to Lake Minnetonka City Docks. Each side features generous 3 beds, 2 baths, fabulous open floor plan, living room with fireplace and attached garage. Out back find spacious patio and huge private yard. Brand new roof and more! This one won't last.

10 Woodpecker Ridge Road, Excelsior

Listing courtesy of eXp Realty.

$840,000

Excellent investment opportunity in one of the most sought-after areas near Lake Minnetonka! This well-maintained duplex in Excelsior is ideal for investors looking to add strong rental income to their portfolio. Purchase as a fully leased investment property or live in one side and rent out the other to offset your mortgage, or host extended family while still enjoying privacy! The property offers a rare opportunity for both homeowners and investors alike. Each unit offers luxurious finishes, a spacious layout with large windows, functional kitchens, private bedrooms, private laundry, and full baths. The property includes attached garages, off-street parking, and a generous backyard. With high rental demand in the Excelsior area, this duplex is well-positioned for reliable occupancy and long-term appreciation. Conveniently located near downtown Excelsior, shopping, dining, and lake amenities, this property combines location, versatility, and consistent rental potential. Buyer/Buyer's *Agent to verify all measurements and information. Measurments and data reliable but not guaranteed.

CLOSED Status ⋅ 6 Beds ⋅ 4 Baths ⋅ 6795575 MLS ⋅ 3,325 SqFt.

Excellent investment opportunity in one of the most sought-after areas near Lake Minnetonka! This well-maintained duplex in Excelsior is ideal for investors looking to add strong rental income to their portfolio. Purchase as a fully leased investment property or live in one side and rent out the other to offset your mortgage, or host extended family while still enjoying privacy! The property offers a rare opportunity for both homeowners and investors alike. Each unit offers luxurious finishes, a spacious layout with large windows, functional kitchens, private bedrooms, private laundry, and full baths. The property includes attached garages, off-street parking, and a generous backyard. With high rental demand in the Excelsior area, this duplex is well-positioned for reliable occupancy and long-term appreciation. Conveniently located near downtown Excelsior, shopping, dining, and lake amenities, this property combines location, versatility, and consistent rental potential. Buyer/Buyer's *Agent to verify all measurements and information. Measurments and data reliable but not guaranteed.

2595 Lydiard Circle, Excelsior

Listing courtesy of Keller Williams Realty Integrity Lakes.

$644,000

Don’t miss this rare investment or house-hack opportunity just one mile from charming downtown Excelsior and Lake Minnetonka. Nestled on a quiet cul-de-sac and backing up to a scenic bike path, this beautifully updated duplex offers the perfect blend of privacy, nature, and convenience. Situated on a sprawling half-acre wooded lot, this property features two spacious units; one 3 bed / 2 bath and one 4 bed / 2 bath - both currently vacant and ready for immediate occupancy. Whether you're an owner-occupant looking for rental income or an investor seeking a move-in-ready asset, this home checks all the boxes. Recent improvements include brand-new decks completed in 2025 and numerous interior updates throughout both units, ensuring a modern, clean, and low-maintenance living experience. Enjoy direct access to the trail system right out your back door; walk or bike to the lake, shops, restaurants, breweries, and all Excelsior has to offer.

CLOSED Status ⋅ 7 Beds ⋅ 4 Baths ⋅ 6764352 MLS ⋅ 3,705 SqFt.

Don’t miss this rare investment or house-hack opportunity just one mile from charming downtown Excelsior and Lake Minnetonka. Nestled on a quiet cul-de-sac and backing up to a scenic bike path, this beautifully updated duplex offers the perfect blend of privacy, nature, and convenience. Situated on a sprawling half-acre wooded lot, this property features two spacious units; one 3 bed / 2 bath and one 4 bed / 2 bath - both currently vacant and ready for immediate occupancy. Whether you're an owner-occupant looking for rental income or an investor seeking a move-in-ready asset, this home checks all the boxes. Recent improvements include brand-new decks completed in 2025 and numerous interior updates throughout both units, ensuring a modern, clean, and low-maintenance living experience. Enjoy direct access to the trail system right out your back door; walk or bike to the lake, shops, restaurants, breweries, and all Excelsior has to offer.

5345 Wedgewood Drive, Excelsior

Listing courtesy of Rize Realty.

$660,000

Turnkey side by side duplex, highly desirable neighborhood within 4 blocks of Maynards and downtown Excelsior. Lush level lawn with peaceful wetland views out the back deck or lower patio. Both units feature 2 upper-level bedrooms and full baths. Lower-level walkouts include 3/4 baths. The current owners unit lower level includes a kitchenette with frig and sink. Both sides have maple and bamboo flooring in kitchens and bedrooms, washer/dryer units in each lower level. A separate garage comes with each unit. Sellers have occupied and thoroughly renovated over the past 12 years. Renter turnover has been minimal.

CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 6741843 MLS ⋅ 2,330 SqFt.

Turnkey side by side duplex, highly desirable neighborhood within 4 blocks of Maynards and downtown Excelsior. Lush level lawn with peaceful wetland views out the back deck or lower patio. Both units feature 2 upper-level bedrooms and full baths. Lower-level walkouts include 3/4 baths. The current owners unit lower level includes a kitchenette with frig and sink. Both sides have maple and bamboo flooring in kitchens and bedrooms, washer/dryer units in each lower level. A separate garage comes with each unit. Sellers have occupied and thoroughly renovated over the past 12 years. Renter turnover has been minimal.

529 Wheeler Drive, Excelsior

Listing courtesy of Coldwell Banker Realty.

$560,000

Investor special. Priced with an entrepreneurial incentive. Both units have a fireplace, special kitchenette in the lower level and a tuckunder garage. Huge site with wetland views. Unit #1 move in ready. Possible dock through the city of Tonka Bay. Minnetonka schools!

CLOSED Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 6693254 MLS ⋅ 3,292 SqFt.

Investor special. Priced with an entrepreneurial incentive. Both units have a fireplace, special kitchenette in the lower level and a tuckunder garage. Huge site with wetland views. Unit #1 move in ready. Possible dock through the city of Tonka Bay. Minnetonka schools!

10 Wildhurst Road, Excelsior

Listing courtesy of Weichert, Realtors-Advantage.

$625,000

CLOSED Status ⋅ 7 Beds ⋅ 4 Baths ⋅ 6463303 MLS ⋅ 3,705 SqFt.

5345 Wedgewood Drive, Excelsior

Listing courtesy of Star Realty.

$488,000

Calling all investors!! This duplex is located on a large double lot- two apartments. The top floor has 2 bedrooms, full bath, kitchen, sun room and laundry room. It has its own furnace and electric service. It has a washer, dryer disposal and dishwasher- currently rented for 1070 on a month to month lease. The main level unit has two floors and a total of 12 rooms- 4 bedrooms, living room, family room, sun room and a second lower level kitchenette which includes a second range and a refrigerator. Laundry area also in the lower level. It has a separate front and rear entrance, garage and a small outdoor patio. The upper kitchen has granite and hardwood flooring. It rents for 1700 per month plus utilities. Showings Monday thru Friday 10-3- prefer 24 hour showings

CLOSED Status ⋅ 6 Beds ⋅ 3 Baths ⋅ 6396685 MLS ⋅ 2,976 SqFt.

Calling all investors!! This duplex is located on a large double lot- two apartments. The top floor has 2 bedrooms, full bath, kitchen, sun room and laundry room. It has its own furnace and electric service. It has a washer, dryer disposal and dishwasher- currently rented for 1070 on a month to month lease. The main level unit has two floors and a total of 12 rooms- 4 bedrooms, living room, family room, sun room and a second lower level kitchenette which includes a second range and a refrigerator. Laundry area also in the lower level. It has a separate front and rear entrance, garage and a small outdoor patio. The upper kitchen has granite and hardwood flooring. It rents for 1700 per month plus utilities. Showings Monday thru Friday 10-3- prefer 24 hour showings

21165 Forest Drive, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

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