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  • Price cut: $16K (6/18)
    $599,000

    5570 & 5580 Shorewood Ln, Excelsior, MN 55331

    6beds
    4baths
    2,230sqft
    : 
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    Duplex Side by Side
    Built in 1968
    -- sqft lot
    $590,000 Zestimate®
    $269/sqft
    $-- HOA

    What's special

    Exceptional investment and lifestyle opportunity in the heart of Shorewood! This outstanding duplex is ideally located just steps from the Lake Minnetonka Regional Trail, offering direct access into downtown Excelsior where you’ll enjoy restaurants, boutique shopping, and vibrant lake life year-round. Walk or bike to nearby Tonka Bay for additional dining favorites including Hazelwood and Joey Nova’s. Whether you’re an investor or owner-occupant, this property offers a rare income-producing opportunity with strong rental potential while enjoying one of Lake Minnetonka’s most desirable communities. Both units have been extensively updated and well maintained. Major exterior improvements completed in 2010 include new columns, shutters, paint, professional landscaping, and a 35-year Timberline roof. Recent 2026 updates bring a fresh, modern feel throughout with new carpet, luxury vinyl plank flooring, full interior paint, updated light switches, painted garage and utility floors, and new appliances. Additional mechanical updates include newer furnaces installed within the past five years, providing added efficiency and peace of mind. Enjoy low-maintenance ownership, thoughtful updates, and an unbeatable location near trails, dining, and the best of Lake Minnetonka living.
    60 days
    |
    932
    |
    69
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Holmers Group 612-998-4010,

    Keller Williams Premier Realty Lake Minnetonka,

    Justin J Holmers 612-695-3884

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7079447MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Forced Air
      Appliances
      • Laundry: Lower Level, Laundry Room
      Features
      • Basement: Finished,Full
      Interior area
      • Total structure area: 2,510
      • Total interior livable area: 2,230 sqft
      • Finished area above ground: 1,560
      • Finished area below ground: 670
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Asphalt
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Patio & porch: Patio
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 0.46 Acres
      • Dimensions: 135 x 329 x 421 x 140
      • Features: Irregular Lot, Tree Coverage - Heavy
      Details
      • Foundation area: 950
      • Parcel number: 3311723110091
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Side by Side
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1968

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: Well

      Community & HOA

      Location
      • Region: Excelsior

      Financial & listing details

      • Price per square foot: $269/sqft
      • Annual tax amount: $7,026
      • Date on market: 5/22/2026
      • Cumulative days on market: 106 days

        Estimated market value

        $590,000

        $561,000 - $620,000

        $1,506/mo

        Price history

        DateEventPrice
        6/18/2026Price change$599,000-2.6%$269/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7079447 Report a problem
        5/22/2026Price change$615,000-0.8%$276/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7079447 Report a problem
        4/27/2026Price change$619,900-3.1%$278/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7029270 Report a problem
        3/3/2026Listed for sale$639,900$287/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7029270 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        Getting around

        38 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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