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  • $730,000

    4517 Lotus Dr, Excelsior, MN 55331

    3beds
    2,958sqft
    Single Family
    Built in 2024
    9,583 Square Feet Lot
    $730,800 Zestimate®
    $247/sqft
    $3,668 Estimated rent

    Home value

    $730,800

    $694,000 - $767,000

    $3,668/mo

    Zestimate® history
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    What's special

    Sellers are downsizing, giving you the opportunity for pristine, better-than-new living in one of Minnetrista's most sought-after neighborhoods! Built just a year and a half ago, this home still has that new-home smell and shows like a model, without the wait. Set on a corner lot with no neighbors directly behind or beside you, this home overlooks a peaceful pond for a setting that feels both open and private. Inside, nearly 3,000 finished square feet offer 3 bedrooms and 3 bathrooms, with the ease of main-level living for those who want everything within easy reach. The main-level primary suite features a large step-in shower and double sinks. Main-level laundry adds everyday convenience. The lower level is anything but basement-like with daylight/lookout windows that flood the space with natural light, giving it a bright, main-level feel. The additional family room space makes it ideal as a separate spot for kids or guests. The sellers have upgraded this home with over $7,000 in custom, high-quality window treatments throughout, a reverse osmosis water filtration system in the kitchen, and have activated the radon mitigation system, as well as adding a whole-home water softener. Details that don't happen on new construction, but provide peace of mind. The home has a spacious 3-car garage with room for vehicles, toys, and storage. Woodland Cove is in a top-rated school district, earning an overall "A" grade on Niche.com. The neighborhood itself is designed for every stage of life, with a playlot for little ones, a clubhouse and pool for gathering and relaxing, and a wide variety of housing styles that make it easy for multi-generational groups to live comfortably close to one another. For those who love an active, outdoor lifestyle, you're just minutes from Lake Minnetonka as well as the Lake Minnetonka and Dakota Rail Regional Trails — perfect for biking, walking, and enjoying all four seasons. Yet despite the tucked-away, away-from-it-all feel of Minnetrista, everyday conveniences are close at hand with a Caribou Coffee, Mackenthun's grocery store, and The Cove Wine & Spirits at the end of the street. A quick drive brings you to the new Costco in Chaska or the extensive shopping and dining options in Chanhassen. This is a rare opportunity to own a like-new home in a vibrant, amenity-rich community without the wait.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Schumann 773-791-2015,

    Keller Williams Realty Integrity Lakes

    Bought with:

    Catherine P. Zander

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7109399MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 13x16
    Bedroom 2
    • Level: Lower
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Bedroom 3
    • Level: Lower
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Den
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Dining room
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 8x14
    Family room
    • Level: Main
    • Area: 256 Square Feet
    • Dimensions: 16x16
    Kitchen
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 11x14
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    • Laundry: Laundry Room, Main Level
    Features
    • Basement: Daylight,Drain Tiled,Finished,Full,Sump Basket,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Electric, Living Room
    Interior area
    • Total structure area: 2,958
    • Total interior livable area: 2,958 sqft
    • Finished area above ground: 1,716
    • Finished area below ground: 1,242

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Asphalt
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: None
    • Waterfront features: Pond
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 148 x 69 x 132 x 6
    • Features: Corner Lot, Tree Coverage - Light
    Details
    • Foundation area: 1716
    • Parcel number: 3411724420056
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Concrete, Frame
    • Roof: Age 8 Years or Less,Architectural Shingle
    Condition
    • New construction: No
    • Year built: 2024

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Woodland Cove 8th Add
    HOA
    • Has HOA: Yes
    • Services included: Lawn Care, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal
    • HOA fee: $284 monthly
    • HOA name: First Service Residential
    • HOA phone: 952-227-2700
    Location
    • Region: Excelsior

    Financial & listing details

    • Price per square foot: $247/sqft
    • Tax assessed value: $628,900
    • Annual tax amount: $1,966
    • Date on market: 8/3/2026
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    9/21/2026Sold$730,000-0.7%$247/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109399 Report a problem
    8/3/2026Pending sale$734,900$248/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109399 Report a problem
    7/22/2026Listing removed$734,900$248/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109399 Report a problem
    7/17/2026Listed for sale$734,900+4.7%$248/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109399 Report a problem
    2/26/2025Sold$701,965$237/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629410 Report a problem
    11/10/2024Pending sale$701,965$237/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6629410 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$3,963 +101.5%$628,900 +49.7%
    2025$1,967 +127.6%$420,000 +144.2%
    2024$864 +163.1%$172,000 -32.3%
    2023$328 $254,200
    Find assessor info on the county website

    Neighborhood: 55331

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $730,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $730,800