Introducing 5140 Greenwood Circle in Greenwood, Minnesota. Exceptional craftsmanship and timeless renovations define this remarkable lake community residence overlooking the tranquil waters of Saint Albans Bay on Lake Minnetonka. Featuring five bedrooms and three bathrooms, this home showcases soaring vaulted ceilings, striking timber-frame architecture, and thoughtfully designed living spaces that seamlessly blend elegance with comfort. The newly remodeled kitchen is a chef's dream, complete with Thermador appliances, Cambria countertops, and custom cabinetry. Adjacent to the kitchen is the inviting hearth room with gas fireplace, providing the perfect place to unwind, while the sunroom captures panoramic lake views in every season. The luxurious main-level primary bedroom suite serves as a private retreat, offering a spa-inspired bathroom with a new bathtub, heated floors, expansive dressing room, and direct access to the spacious hardwood deck. Accessible from the living room, sunroom, and primary suite, the deck overlooks the sparkling waters of Saint Albans Bay, creating an idyllic setting for sunset gatherings. The newly added screened-in porch is the perfect backyard retreat. Two additional bedrooms complete the main floor. The walkout lower level features a generous family room with a gas fireplace, wet bar, and two additional bedrooms for hosting family and friends. Outside, manicured grounds surround the 0.34-acre lot. Rich in history, the property occupies the former grounds of the historic Greenwood Hotel, with the original stone retaining wall still intact. Perfectly positioned to offer peaceful views while remaining just minutes from the charming shops, restaurants, and amenities of downtown Excelsior, this exceptional property delivers an unparalleled Lake Minnetonka lifestyle. An extensive list of home improvements is available upon request.
Active
$1,995,000
5140 Greenwood Cir, Greenwood, MN 55331
5beds
5,120sqft
:
Get pre-qualified$11,894/mo
Single Family
Built in 2004
0.34 Acres Lot
$-- Zestimate®
$390/sqft
$-- HOA
What's special
Thoughtfully designed living spacesNewly added screened-in porchHeated floorsPeaceful viewsStriking timber-frame architectureSoaring vaulted ceilingsThree bathrooms
- 18 days |
- 2,854 |
- 169 |
Zillow last checked:
Listing updated:
Listed by:
Sarah E Polovitz 612-743-6801,
Compass,
Al Anderson 651-802-0271
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7113886
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Level: Main
- Area: 346.5 Square Feet
- Dimensions: 21x16.5
Bedroom 2
- Level: Main
- Area: 143.75 Square Feet
- Dimensions: 12.5x11.5
Bedroom 3
- Level: Main
- Area: 143.75 Square Feet
- Dimensions: 12.5x11.5
Bedroom 4
- Level: Lower
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 5
- Level: Lower
- Area: 149.5 Square Feet
- Dimensions: 13x11.5
Primary bathroom
- Level: Main
- Area: 239.25 Square Feet
- Dimensions: 16.5x14.5
Deck
- Area: 630 Square Feet
- Dimensions: 45x14
Dining room
- Level: Main
- Area: 289 Square Feet
- Dimensions: 17x17
Family room
- Level: Lower
- Area: 290.25 Square Feet
- Dimensions: 21.5x13.5
Game room
- Level: Lower
- Area: 253.75 Square Feet
- Dimensions: 17.5x14.5
Great room
- Level: Main
- Area: 367.5 Square Feet
- Dimensions: 21x17.5
Kitchen
- Level: Main
- Area: 225 Square Feet
- Dimensions: 18x12.5
Living room
- Level: Main
- Area: 253.5 Square Feet
- Dimensions: 19.5x13
Patio
- Area: 238 Square Feet
- Dimensions: 17x14
Screened porch
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18x12
Sun room
- Level: Main
- Area: 175 Square Feet
- Dimensions: 14x12.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Other, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Lower Level, Main Level
Features
- Basement: Finished,Walk-Out Access
- Number of fireplaces: 3
- Fireplace features: Electric, Family Room, Gas, Living Room, Stone
Interior area
- Total structure area: 5,204
- Total interior livable area: 5,120 sqft
- Finished area above ground: 2,980
- Finished area below ground: 2,140
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Tandem Garage
- Attached garage spaces: 3
- Details: Garage Dimensions (42x28)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Terrace
- Has view: Yes
- View description: Bay, Lake, Panoramic, South
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Lake View
Lot
- Size: 0.34 Acres
- Dimensions: 93 x 170 x 90 x 155
- Features: Tree Coverage - Light
Details
- Foundation area: 3112
- Parcel number: 2611723420081
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Private, Well
Community & HOA
Community
- Subdivision: Registered Land Surv 1720 Tr
HOA
- Has HOA: No
Location
- Region: Greenwood
Financial & listing details
- Price per square foot: $390/sqft
- Tax assessed value: $1,637,500
- Annual tax amount: $19,903
- Date on market: 7/24/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $1,995,000+37.6%$390/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7113886 Report a problem | ||
| 3/15/2024 | Sold | $1,450,000$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6469214 Report a problem | ||
| 1/22/2024 | Pending sale | $1,450,000$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6469214 Report a problem | ||
| 1/9/2024 | Listed for sale | $1,450,000$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6469214 Report a problem | ||
| 12/21/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6469214 Report a problem | ||
| 12/15/2023 | Listed for sale | $1,450,000-3.3%$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6469214 Report a problem | ||
| 12/15/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6447975 Report a problem | ||
| 10/13/2023 | Listed for sale | $1,500,000+130.4%$293/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6447975 Report a problem | ||
| 3/10/2010 | Sold | $651,000-18.5%$127/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1580231 Report a problem | ||
| 10/30/2009 | Listing removed | $799,000$156/sqft |
Source: NRT Minneapolis #3835740 Report a problem | ||
| 10/4/2009 | Price change | $799,000-4.8%$156/sqft |
Source: NRT Minneapolis #3835740 Report a problem | ||
| 9/18/2009 | Price change | $839,000-16%$164/sqft |
Source: NRT Minneapolis #3835740 Report a problem | ||
| 7/19/2009 | Price change | $999,000-16.8%$195/sqft |
Source: NRT Minneapolis #3639535 Report a problem | ||
| 3/21/2009 | Price change | $1,200,000-7.3%$234/sqft |
Source: NRT Minneapolis #3639535 Report a problem | ||
| 1/27/2009 | Listed for sale | $1,295,000-23.8%$253/sqft |
Source: NRT Minneapolis #3639535 Report a problem | ||
| 11/30/2007 | Listing removed | $1,699,900$332/sqft |
Source: Obeo #3446131 Report a problem | ||
| 11/14/2007 | Listed for sale | $1,699,900$332/sqft |
Source: Obeo #3446131 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,966 +10.2% | $1,637,500 +20.9% |
| 2024 | $14,486 +6.7% | $1,354,400 +3.4% |
| 2023 | $13,572 +1% | $1,310,100 +8% |
| 2022 | $13,442 -1% | $1,213,000 +11.4% |
| 2021 | $13,579 +9.2% | $1,089,000 +0.6% |
| 2020 | $12,431 -8.5% | $1,082,000 +13.5% |
| 2019 | $13,579 +9.2% | $953,000 +12.2% |
| 2018 | $12,431 +16.7% | $849,000 +5.5% |
| 2017 | $10,654 -1.2% | $805,000 +13.9% |
| 2016 | $10,780 +12.3% | $707,000 |
| 2015 | $9,597 -0.8% | $707,000 +10% |
| 2014 | $9,673 +6.4% | $643,000 -2.6% |
| 2013 | $9,093 +4.2% | $660,000 -0.5% |
| 2012 | $8,728 +2.7% | $663,000 -1.8% |
| 2011 | $8,495 -12.3% | $675,000 -17.9% |
| 2010 | $9,685 -22.4% | $822,000 -22.7% |
| 2009 | $12,480 +28.5% | $1,063,000 +33.1% |
| 2006 | $9,709 +547.2% | $798,800 +521.2% |
| 2005 | $1,500 +25.1% | $128,600 +36.1% |
| 2004 | $1,199 -54.7% | $94,500 +12% |
| 2002 | $2,648 | $84,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55331
Nearby schools
GreatSchools rating
- 10/10Excelsior Elementary SchoolGrades: K-5Distance: 1.2 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 2.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2 mi
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