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  • $6,000,000

    19875 Cottagewood Ave, Excelsior, MN 55331

    5beds
    5,422sqft
    Single Family
    Built in 2021
    0.26 Acres Lot
    $6,014,300 Zestimate®
    $1,107/sqft
    $7,415 Estimated rent

    Home value

    $6,014,300

    $5.59M - $6.50M

    $7,415/mo

    Zestimate® history
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    What's special

    Sold Pre-MLS stunning Like-New Home in the Heart of Cottagewood. An exceptionally rare offering that combines ultra-premium finishes with one of Cottagewood’s most coveted locations. The moment you step inside, you’re greeted by walls of windows framing unrivaled panoramic views of Carson’s Bay. The open-concept main floor is both functional and refined, featuring a gourmet kitchen, an oversized pantry, a mudroom, and an attached two-car garage. Designed for effortless indoor-outdoor living, the main level flows seamlessly to a spacious lakeside deck, perfect for dining, entertaining, or simply soaking in the views. Upstairs, you’ll find four bedrooms and three bathrooms, including a lakeside primary suite with two closets and a spa-inspired bath featuring a dual vanity, soaking tub, and separate shower. A thoughtfully designed upper-level laundry offers two washers and dryers for added convenience. The walkout lower level is ideal for entertaining and everyday living, with a generous family room, a flex room ideal for guest accommodations or a home office, an exercise area with sauna, and - rarely found in Cottagewood - a true indoor sport court. Outdoors, the property showcases extensive professional landscaping and 55 feet of premium lakeshore on Carson’s Bay, known for its A-rated, crystal-clear water. Enjoy a private sandy beach area, an outdoor shower for rinsing off after a swim, and a lifestyle that perfectly captures Americana lakeside living in one of Lake Minnetonka’s most desirable and historic settings. Opportunities like this seldom arise - from its nearly impossible-to-duplicate lot to its fully realized design and construction, this home presents a rare chance to skip the complexity of building new and enjoy a turnkey masterpiece on Lake Minnetonka’s beloved Carson’s Bay.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Hollerman 952-292-1200,

    Compass

    Bought with:

    John C Adams

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6809154MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 1
    • 3/4 bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Bedroom 4
    • Level: Upper
    Bedroom 5
    • Level: Basement
    Primary bathroom
    • Level: Upper
    Bathroom
    • Level: Main
    Bathroom
    • Level: Upper
    Bathroom
    • Level: Upper
    Bathroom
    • Level: Basement
    Other
    • Level: Basement
    Deck
    • Level: Main
    Exercise room
    • Level: Basement
    Family room
    • Level: Basement
    Foyer
    • Level: Main
    Garage
    • Level: Main
    Great room
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Upper
    Mud room
    • Level: Main
    Other
    • Level: Basement
    Other
    • Level: Main
    Recreation room
    • Level: Basement
    Sauna
    • Level: Basement
    Screened porch
    • Level: Main
    Utility room
    • Level: Basement
    Walk in closet
    • Level: Upper
    Walk in closet
    • Level: Upper
    Walk in closet
    • Level: Upper
    Walk in closet
    • Level: Upper
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Cooler
    • Laundry: Laundry Room, Sink, Upper Level
    Features
    • Basement: Finished,Full,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Gas, Living Room
    Interior area
    • Total structure area: 5,422
    • Total interior livable area: 5,422 sqft
    • Finished area above ground: 3,604
    • Finished area below ground: 1,490

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Covered, Garage Door Opener, Heated Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (23x30)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Composite Decking, Covered, Deck, Porch
    • Pool features: None
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Dock, Lake Front, Lake View
    • Frontage length: Water Frontage: 55
    Lot
    • Size: 0.26 Acres
    • Dimensions: NW54 x 180 x 55 x 209
    • Features: Accessible Shoreline, Tree Coverage - Light
    Details
    • Foundation area: 1818
    • Parcel number: 2411723420009
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Block, Frame
    • Roof: Age 8 Years or Less,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 2021

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Excelsior
    • Subdivision: Revised Cottagewood

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/24/2026Sold$6,000,000+34.8%$1,107/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6809154 Report a problem
    1/5/2022Sold$4,450,000+123.1%$821/sqft
    Source: Public Record Report a problem
    1/18/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID Report a problem
    11/20/2020Price change$1,995,000-43%$368/sqft
    Source: Lakes Area Realty #5649079 Report a problem
    10/30/2020Price change$3,500,000+75.4%$646/sqft
    Source: Lakes Area Realty #5623467 Report a problem
    10/8/2020Price change$1,995,000-43%$368/sqft
    Source: Lakes Area Realty #5623467 Report a problem
    9/11/2020Price change$3,500,000+75.4%$646/sqft
    Source: Lakes Area Realty #5623467 Report a problem
    8/29/2020Price change$1,995,000-43%$368/sqft
    Source: Lakes Area Realty #5623467 Report a problem
    7/24/2020Listed for sale$3,500,000+150.9%$646/sqft
    Source: Lakes Area Realty #5623467 Report a problem
    5/30/2019Sold$1,395,000$257/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5206750 Report a problem
    5/7/2019Pending sale$1,395,000$257/sqft
    Source: Coldwell Banker Burnet - Wayzata #5206750 Report a problem
    5/7/2019Listed for sale$1,395,000$257/sqft
    Source: Coldwell Banker Burnet - Wayzata #5206750 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$46,441 +16.9%$4,391,100 +21.2%
    2024$39,720 +12.3%$3,624,100 +11.1%
    2023$35,385 +172%$3,263,400 +12.4%
    2022$13,011 -10.3%$2,904,000 +191%
    2021$14,499 +6.2%$998,000 -10.7%
    2020$13,654 -5.8%$1,118,000 +9.7%
    2019$14,499 +6.2%$1,019,000 -0.4%
    2018$13,654 +10%$1,023,000 +16.6%
    2017$12,414 +5.9%$877,000 +2.9%
    2016$11,717 +1.3%$852,000 +14.2%
    2015$11,571 +14.8%$746,000 +10.5%
    2014$10,080 +4.3%$675,000 -4.5%
    2013$9,662 -2.6%$707,000 -6.5%
    2012$9,924 -4.6%$756,000 -7.7%
    2011$10,398 +0.7%$819,000 -7.8%
    2010$10,322 +0.5%$888,000 -3.3%
    2009$10,270 +51.9%$917,900 +52.1%
    2006$6,762 +10.7%$603,600 +15%
    2005$6,110 +9.2%$524,900 +15%
    2004$5,595 +4%$456,500 +12%
    2002$5,382 -43.4%$407,600
    2001$9,509 --

    Find assessor info on the county website

    Neighborhood: 55331

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,014,300
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    Estimated market value
    $6,014,300