Nestled on the southwestern side of Halsted Bay on Lake Minnetonka, 4115 Lotus Drive is a beautifully updated English cottage. Set on about 2.5 acres of dense woods and sweeping lakeside lawn, this home offers a serene retreat with stunning views. Upon entering, you're greeted by exquisite wood beam ceilings and oversized windows that flood the home with natural light. The chef's delight kitchen, with deck access, is perfect for everyday living. The main floor boasts a luxurious primary bedroom suite complete with a dual vanity, separate tub and shower, and a walk-in closet with organization features. The walk-out lower level, an entertainer's dream, includes an additional bedroom, a mini kitchen with a microwave and fridge, and ample space for a pool table or entertaining space. Unique features like a hidden room in the bathroom add charm, creating a delightful play area. The upper level houses two more bedrooms, ideal for family or guests. Appreciate the beautiful gardens and lake life with 2 electronic boat and jet ski lifts. Recent updates enhance the home's appeal, ensuring a seamless blend of style and comfort in this captivating lakeside haven. Enjoy the tranquility and luxury of lake life in this charming English cottage on Lake Minnetonka.
Active
Price cut: $95K (5/29)
$2,900,000
4115 Lotus Dr, Excelsior, MN 55331
4beds
4,810sqft
Single Family
Built in 1975
2.5 Acres Lot
$-- Zestimate®
$603/sqft
$-- HOA
What's special
- 89 days |
- 1,167 |
- 61 |
Zillow last checked:
Listing updated:
Listed by:
Elizabeth C Ulrich 612-964-7184,
Compass,
Chelsey Danielson 612-327-1193
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6770423
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Bedroom 2
- Level: Upper
- Area: 300 Square Feet
- Dimensions: 12x25
Bedroom 3
- Level: Upper
- Area: 234 Square Feet
- Dimensions: 13x18
Bedroom 4
- Level: Lower
- Area: 342 Square Feet
- Dimensions: 19x18
Primary bathroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Other
- Level: Lower
- Area: 90 Square Feet
- Dimensions: 10x9
Deck
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Dining room
- Level: Main
- Area: 377 Square Feet
- Dimensions: 29x13
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Library
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8x6
Living room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11x15
Recreation room
- Level: Lower
- Area: 957 Square Feet
- Dimensions: 29x33
Sun room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Laundry Room, Main Level, Sink
Features
- Basement: Finished,Full,Storage Space,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room, Stone, Wood Burning
Interior area
- Total structure area: 5,628
- Total interior livable area: 4,810 sqft
- Finished area above ground: 3,090
- Finished area below ground: 1,720
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (27x22), Garage Door Height (7), Garage Door Width (18)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio
- Pool features: None
- Has view: Yes
- View description: Bay, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View, Lake Bottom(Sand, Weeds)
- Frontage length: Water Frontage: 185
Lot
- Size: 2.5 Acres
- Features: Accessible Shoreline, Tree Coverage - Heavy, Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 2222
- Parcel number: 3411724110026
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Gas: Propane
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $603/sqft
- Tax assessed value: $2,659,400
- Annual tax amount: $30,157
- Date on market: 3/31/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $2,900,000-3.2%$603/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6770423 Report a problem | ||
| 4/7/2026 | Listed for sale | $2,995,000+77.9%$623/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6770423 Report a problem | ||
| 5/31/2011 | Sold | $1,683,425-11.2%$350/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1592132 Report a problem | ||
| 4/14/2011 | Listed for sale | $1,895,000-15.7%$394/sqft |
Source: Coldwell Banker Burnet - Wayzata #4033921 Report a problem | ||
| 12/9/2010 | Listing removed | $2,249,000$468/sqft |
Source: NRT Minneapolis #3816144 Report a problem | ||
| 2/14/2010 | Price change | $2,249,000-9.9%$468/sqft |
Source: NRT Minneapolis #3816144 Report a problem | ||
| 7/27/2009 | Listed for sale | $2,495,000+130%$519/sqft |
Source: NRT Minneapolis #3816144 Report a problem | ||
| 2/27/2006 | Sold | $1,085,000$226/sqft |
Source: Public Record Report a problem | ||
| 11/12/2005 | Sold | $1,085,000+55%$226/sqft |
Source: Agent Provided Report a problem | ||
| 11/19/2001 | Sold | $700,000+7.1%$146/sqft |
Source: Agent Provided Report a problem | ||
| 12/16/1997 | Sold | $653,500$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,565 -1.7% | $2,659,400 +9.4% |
| 2024 | $30,065 +17.7% | $2,431,900 -5.7% |
| 2023 | $25,546 +14.1% | $2,579,900 +12.9% |
| 2022 | $22,388 -3.5% | $2,286,000 +35.4% |
| 2021 | $23,190 +1.4% | $1,688,000 -2.1% |
| 2020 | $22,869 -1.4% | $1,724,000 +9% |
| 2019 | $23,190 +1.4% | $1,581,000 +2% |
| 2018 | $22,869 -0.3% | $1,550,000 +2.2% |
| 2017 | $22,933 -3.5% | $1,516,000 +8% |
| 2016 | $23,763 +5% | $1,404,000 +0.6% |
| 2015 | $22,638 -1.3% | $1,396,000 -4.7% |
| 2014 | $22,947 -11.9% | $1,465,000 -6.3% |
| 2013 | $26,054 +30.9% | $1,564,000 +31.3% |
| 2012 | $19,903 +5.9% | $1,191,000 -0.4% |
| 2011 | $18,789 +32.3% | $1,196,000 -5.6% |
| 2010 | $14,204 -12.7% | $1,267,000 -15.1% |
| 2009 | $16,274 +62.2% | $1,492,000 +68% |
| 2006 | $10,035 -0.9% | $888,000 +5.7% |
| 2005 | $10,131 +8.6% | $840,000 +8.7% |
| 2004 | $9,324 +1% | $772,800 +12% |
| 2002 | $9,235 -37% | $690,000 |
| 2001 | $14,648 | -- |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 2.6 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 3 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 3.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Minnetrista
- 55331
- 4115 Lotus Dr
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