5570 & 5580 Shorewood Lane, Excelsior, MN 55331
- $599,000
- 6
- BD
- 4
- BA
- 2,230
- SqFt
- List Price
- $599,000
- Price Change
- ▼ $16,000 1781817068
- MLS#
- 7079447
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Duplex Side X Side
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,230
- Acres
- 0.46
- Year Built
- 1968
Property Description
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.
Additional Information
- School District
- Minnetonka
- Tax Year
- 2026
- Fencing
- None
- Fuel
- Natural Gas
- Lot Description
- Irregular Lot, Tree Coverage - Heavy
- Sewer
- City Sewer/Connected
- Roof
- Asphalt
- Heating
- Forced Air
- Water
- Well
- Basement
- Finished, Full
- Parking
- Attached Garage, Asphalt
- Garage Spaces
- 2
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Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.
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