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  • $2,015,000

    5125 Greenwood Cir, Greenwood, MN 55331

    3beds
    2,688sqft
    Single Family Residence
    Built in 1999
    6,098 Square Feet Lot
    $2,060,300 Zestimate®
    $750/sqft
    $3,407 Estimated rent

    Home value

    $2,060,300

    $1.90M - $2.23M

    $3,407/mo

    Zestimate® history
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    What's special

    Stone fireplaceGas fireplaceHot tubHardwood floorsWalk in pantryLake viewWall of windows
    Relax and take in the joy of lake side living. Enjoy the lake view through the wall of windows out the back of the house or head outside to your deck, patio, hot tub overlooking the lake, or lakeside patio with an integrated fire pit. So many options to enjoy the view and setting. The lower lake side patio is the full width of the property by about 13 feet deep and features a stone wall with monuments from the old St. Albans Hotel and Health Resort, which operated on much of the land along this stretch of shoreline and the hill above. The current home was built in 2000 and features a wide open main level living area with great views from every space. The spacious kitchen offers ample natural light through the lower windows and features a wrap around counter top plus plentiful storage in the walk in pantry. A gas fireplace defines the living room and spacious dining room while creating a warm atmosphere in the cold months. Hardwood floors unify the main level living space and work with the wrap around windows to enhance the brightness of the interior. On the upper level, the view through the A-Frame windows captures the view for the primary suite from the moment you step out of bed. Tucked just behind the bedroom, the spacious tile bathroom includes a port-hole window to frame the view of the lake. Just outside the bathroom, you find a large walk-in closet with a built in dresser and plentiful hanging and shelf storage. For convenience, a semi-built in desk sits up in the window bay near the front of the bedroom. The other bedrooms sit on the main and lower levels, both offer spacious walk-in closets. The lower level has a band of windows to bring natural light from the lake side into the wide open amusement room. The stone fireplace gives warmth and definition to the space without breaking up the rooms - allowing maximum flexibility. The lower level 3/4 bathroom has been very nicely remodeled with new tile, vanity, plumbing fixtures, and shower. Throughout the home, storage is plentiful with large closets on every level and numerous closets in the lower level. Take advantage of the easy access to Lake Minnetonka Regional Trail directly into Excelsior and beyond or head east, all the way to the Minneapolis riverfront or down to St. Paul. Enjoy all the amenities of Lake Minnetonka from water sports to sunset cruises to Fourth of July fireworks in Excelsior to fishing one of the metro area's most diverse fishing lakes. All this, from within minutes of your home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Petersen 952-451-0284,

    Coldwell Banker Realty,

    Ian J Petersen 612-910-6005

    Bought with:

    Andrew Ryan Beitler

    National Realty Guild

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6812487MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 224 Square Feet
    • Dimensions: 16 x 14
    Bedroom 2
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom 3
    • Level: Lower
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Deck
    • Level: Main
    Dining room
    • Level: Main
    • Area: 198 Square Feet
    • Dimensions: 16.5 x 12
    Family room
    • Level: Lower
    • Area: 600 Square Feet
    • Dimensions: 30 x 20
    Kitchen
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16 x 11
    Living room
    • Level: Main
    • Area: 247 Square Feet
    • Dimensions: 19 x 13
    Patio
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    • Laundry: Lower Level
    Features
    • Basement: Block
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Gas, Living Room
    Interior area
    • Total structure area: 2,688
    • Total interior livable area: 2,688 sqft
    • Finished area above ground: 1,718
    • Finished area below ground: 970

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    • Details: Garage Dimensions (19x19), Garage Door Height (8), Garage Door Width (16)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Deck, Patio
    • Has view: Yes
    • View description: Bay, Lake, South
    • Has water view: Yes
    • Water view: Bay,Lake
    • Waterfront features: Lake Front, Lake Bottom(Sand)
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50 x 130 x 46 x 128
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 1090
    • Parcel number: 2611723420034
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Electric: 150 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Minnetonka Manor
    HOA
    • Has HOA: No
    Location
    • Region: Greenwood

    Financial & listing details

    • Price per square foot: $750/sqft
    • Tax assessed value: $1,805,000
    • Annual tax amount: $16,871
    • Date on market: 11/2/2025
    • Cumulative days on market: 154 days

    Price history

    DateEventPrice
    12/5/2025Sold$2,015,000-3.8%$750/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6812487 Report a problem
    11/12/2025Pending sale$2,095,000$779/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6812487 Report a problem
    11/2/2025Listed for sale$2,095,000$779/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6812487 Report a problem
    11/1/2025Listing removed$2,095,000$779/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6728970 Report a problem
    9/4/2025Listed for sale$2,095,000-4.6%$779/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6728970 Report a problem
    8/20/2025Listing removed$2,195,000$817/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6728970 Report a problem
    7/15/2025Price change$2,195,000-3.5%$817/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6728970 Report a problem
    5/29/2025Listed for sale$2,275,000+160%$846/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6728970 Report a problem
    5/15/2012Sold$875,000-2.2%$326/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1760913 Report a problem
    3/27/2012Listed for sale$895,000+2.3%$333/sqft
    Source: Coldwell Banker Burnet - Wayzata #4134434 Report a problem
    5/14/2008Sold$875,000-2.8%$326/sqft
    Source: Agent Provided Report a problem
    11/9/2006Sold$900,000+328.6%$335/sqft
    Source: Public Record Report a problem
    4/15/1999Sold$210,000+35.5%$78/sqft
    Source: Public Record Report a problem
    8/26/1996Sold$155,000$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,023 +3.9%$1,805,000 +26.5%
    2024$16,377 +6%$1,426,800 -3%
    2023$15,452 +15.9%$1,471,300 +7.6%
    2022$13,327 +1%$1,368,000 +27.5%
    2021$13,191 +20.3%$1,073,000 +2.9%
    2020$10,968 -16.9%$1,043,000 +24.3%
    2019$13,191 +20.3%$839,000 +9.8%
    2018$10,968 +10.5%$764,000 +3.4%
    2017$9,929 -0.2%$739,000
    2016$9,951 -2.8%$739,000
    2015$10,240 +0.7%$739,000 +4.4%
    2014$10,169 +1%$708,000 -1.9%
    2013$10,073 +4.5%$722,000 -0.1%
    2012$9,635 +1.1%$723,000 -3.2%
    2011$9,531 +0%$747,000 -7.8%
    2010$9,528 -1.4%$810,000 -3.8%
    2009$9,664 +51.4%$842,000 +39.2%
    2006$6,385 +16.1%$604,700 +16%
    2005$5,500 +7.6%$521,500 +15%
    2004$5,111 +15%$453,500 +14.5%
    2002$4,444 -13.9%$396,000
    2001$5,163 --
    Find assessor info on the county website

    Neighborhood: 55331

    Nearby schools

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    Estimated market value
    $2,060,300
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    Estimated market value
    $2,060,300