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  • $790,000

    5940 Galpin Lake Rd, Shorewood, MN 55331

    5beds
    3,041sqft
    Single Family
    Built in 1915
    2.55 Acres Lot
    $790,000 Zestimate®
    $260/sqft
    $4,469 Estimated rent

    Home value

    $790,000

    $735,000 - $845,000

    $4,469/mo

    Zestimate® history
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    What's special

    Introducing 5940 Galpin Lake Road in the heart of Shorewood, Minnesota. Set on 2.55 private and wooded acres, this character-filled 1915 home offers a rare combination of privacy, history, and convenience, just minutes from Downtown Excelsior and the amenities of Lake Minnetonka. While standing as one of the original homes, once part of an apple orchard, the property carries a quiet sense of nostalgia while offering four bedrooms, three bathrooms, and deeded access to Galpin Lake. It also offers extraordinary flexibility for the future. A storybook front porch welcomes you inside, where hardwood floors, rich woodwork, enameled wood slat ceiling, and warm architectural details create a timeless sense of character. The home was built for entertaining, with a spacious living room that flows into the formal dining room, featuring a built-in buffet and display cabinetry that adds both charm and functionality. The adjacent kitchen is bright and welcoming, for those quintessential moments of Midwest congregating. Two distinct living spaces provide warmth and flexibility, contributing to the home’s enduring character. Windows throughout, frame views of the surrounding woods, and reinforce the property’s peaceful, secluded setting. A versatile main-level office with an adjacent three-quarter bathroom offers the flexibility to serve as a guest suite or main-floor bedroom. Upstairs, you’ll find the primary bedroom, three additional spacious bedrooms, and a recently renovated full bathroom. The lower level offers a generous flex space to create a family room, workout room, or future expansion, and boasts abundant storage. Outside, enjoy the privacy and natural beauty of 2.55 acres surrounded by mature trees, along with a detached three-car garage, which will have some new roofing and siding work, with installation anticipated in the coming weeks. Ideally located steps from Downtown Excelsior, you’ll enjoy easy access to charming boutiques, restaurants, coffee shops, grocery stores, and the many recreational amenities of Lake Minnetonka. Outdoor enthusiasts will appreciate nearby access to the Lake Minnetonka LRT Regional Trail, offering miles of scenic walking and biking paths. Located in the award-winning Minnetonka School District. Whether you choose to enjoy the home’s historic character, thoughtfully expand upon it, or explore the long-term possibilities offered by this exceptional acreage, this is a rare opportunity to own one of Shorewood’s most distinctive properties.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah E Polovitz 612-743-6801,

    Compass,

    Al Anderson 651-802-0271

    Bought with:

    Anthony M Sarenpa

    Keller Williams Premier Realty Lake Minnetonka

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7093013MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 157.5 Square Feet
    • Dimensions: 15x10.5
    Bedroom 2
    • Level: Upper
    • Area: 288 Square Feet
    • Dimensions: 18x16
    Bedroom 3
    • Level: Upper
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Bedroom 4
    • Level: Upper
    • Area: 210 Square Feet
    • Dimensions: 20x10.5
    Bedroom 5
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Dining room
    • Level: Main
    • Area: 217.5 Square Feet
    • Dimensions: 15x14.5
    Family room
    • Level: Main
    • Area: 217.5 Square Feet
    • Dimensions: 15x14.5
    Kitchen
    • Level: Main
    • Area: 209 Square Feet
    • Dimensions: 19x11
    Living room
    • Level: Main
    • Area: 333 Square Feet
    • Dimensions: 18x18.5
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Humidifier, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Basement: Full,Unfinished
    • Number of fireplaces: 2
    • Fireplace features: Brick, Wood Burning
    Interior area
    • Total structure area: 4,099
    • Total interior livable area: 3,041 sqft
    • Finished area above ground: 3,041
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Garage, Asphalt, Garage Door Opener
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (32x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Deeded Access, Dock, Lake View
    Lot
    • Size: 2.55 Acres
    • Dimensions: 2.55 Acres
    • Features: Accessible Shoreline, Tree Coverage - Medium
    Details
    • Foundation area: 1716
    • Parcel number: 3411723420018
    • 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: 1915

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Auditors Sub 135
    HOA
    • Has HOA: No
    Location
    • Region: Shorewood

    Financial & listing details

    • Price per square foot: $260/sqft
    • Tax assessed value: $768,800
    • Annual tax amount: $10,097
    • Date on market: 6/24/2026
    • Cumulative days on market: 44 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/28/2026Sold$790,000-7.1%$260/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093013 Report a problem
    8/12/2026Pending sale$850,000$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093013 Report a problem
    8/7/2026Listing removed$850,000$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093013 Report a problem
    7/31/2026Price change$850,000-2.9%$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093013 Report a problem
    7/24/2026Price change$875,000-2.7%$288/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093013 Report a problem
    7/8/2026Price change$899,000-2.8%$296/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093013 Report a problem
    6/24/2026Listed for sale$925,000+32.2%$304/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093013 Report a problem
    11/4/2020Sold$699,500-3.5%$230/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5492332 Report a problem
    9/12/2020Pending sale$724,600$238/sqft
    Source: Easy Street Realty Minnesota #5492332 Report a problem
    3/2/2020Listed for sale$724,600-9.3%$238/sqft
    Source: Easy Street Realty Minnesota #5492332 Report a problem
    1/1/2020Listing removed$799,000$263/sqft
    Source: Redfin Corporation #5224206 Report a problem
    9/6/2019Price change$799,000-3.1%$263/sqft
    Source: Redfin Corporation #5224206 Report a problem
    7/9/2019Price change$824,900-0.6%$271/sqft
    Source: Redfin Corporation #5224206 Report a problem
    5/4/2019Listed for sale$829,900-16.6%$273/sqft
    Source: Redfin Corporation #5224206 Report a problem
    11/9/2018Listing removed$995,000$327/sqft
    Source: RE/MAX Results #4971103 Report a problem
    5/21/2018Listed for sale$995,000+147.2%$327/sqft
    Source: RE/MAX Results #4954642 Report a problem
    8/16/2013Sold$402,500-5.3%$132/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2062466 Report a problem
    6/29/2013Listed for sale$424,900+8.9%$140/sqft
    Source: Wright Sherburne Realty #4385096 Report a problem
    10/15/2010Sold$390,000-6%$128/sqft
    Source: Public Record Report a problem
    2/8/2002Sold$415,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,145 +15.5%$768,800 -19.4%
    2024$10,511 +9.2%$954,000 +9.6%
    2023$9,623 +27.8%$870,700 +9.7%
    2022$7,531 +6.3%$794,000 +37.6%
    2021$7,082 -4.2%$577,000 +6.3%
    2020$7,393 +4.4%$543,000 +4.8%
    2019$7,082 -4.2%$518,000 -1.3%
    2018$7,393 +18.3%$525,000 +26.8%
    2017$6,249 +2.3%$414,000
    2016$6,106 +5.5%$414,000 +2%
    2015$5,788 +1.7%$406,000 +9.4%
    2014$5,692 +5.2%$371,000 -2.6%
    2013$5,409 +4.9%$381,000 -0.3%
    2012$5,156 +1%$382,000 -3.8%
    2011$5,103 -25.8%$397,000 -23.8%
    2010$6,879 +5%$521,000 -7.8%
    2009$6,553 +9.6%$565,000 +13.7%
    2006$5,976 +6.5%$497,000 +12.3%
    2005$5,614 +9.1%$442,700 +15%
    2004$5,145 +5.3%$385,000 +12%
    2002$4,887 -40.6%$343,800
    2001$8,222 --
    Find assessor info on the county website

    Neighborhood: 55331

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $790,000
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    Estimated market value
    $790,000