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$574,900
- 6 beds
- 4 baths
- 2,230 sqft
5570 & 5580 Shorewood Lane, Excelsior, MN 55331
For sale Est. —/mo
- Multi-family home · Duplex Side by Side
- Built in 1968
- 0.46 acres lot
- $258/sqft
- 2-car garage
Overview
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 brand new roof being installed! 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.
Facts & features
Interior
- Bedrooms: 6
- Bathrooms: 4
- Finished sqft: 2,230
- Above grade sqft: 1,560
- Below grade sqft: 670
- Basement: Finished, Full
- Heating: Forced Air
- Laundry: Lower Level, Laundry Room
Property
- Parking: Attached Garage, Asphalt
- Garage spaces: 2
- Lot size: 0.46 acres
- Lot dimensions: 135x329x421x140
- Lot features: Irregular Lot, Tree Coverage - Heavy
- Exterior features: Wood
- Fencing: None
- Pool: None
Construction
- Home type: Multi-family home (Duplex Side by Side)
- Levels: One
- Year built: 1968
- Roof: Age 8 Years or Less, Asphalt
Utilities
- Sewer: City Sewer/Connected
- Water: Well
Taxes & location
- Annual taxes: $7,026 (2026)
- County: Hennepin
- School district: Minnetonka
Listing
- Status: For sale
- Listed: Oct 8, 2026
- Days on market: 12
- MLS #: 7157563
Monthly payment
—/mo
An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.
Location
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5570 & 5580 Shorewood Lane, Excelsior, MN 55331