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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

12 days on market MLS # 7157563 Virtual tour

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

    Nearby homes

    Listing courtesy of Keller Williams Premier Realty Lake Minnetonka

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated October 9, 2026.