5570 & 5580 Shorewood Lane, Excelsior, MN 55331

$574,900
SQUARE FEET 2,510
MLS# 7157563
  • 5570 & 5580 Shorewood Lane, Excelsior, MN 55331 Main Photo

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Your Realtor Blake

Your Realtor Blake
Call: (cell) (612) 503-4981

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SCHOOL: Minnetonka

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 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.

5570 & 5580 Shorewood Lane | MLS# 7157563

This multi-family property located at 5570 & 5580 Shorewood Lane, Excelsior, MN 55331 is currently listed for sale with an asking price of $574,900. & 5580 Shorewood Lane is located within the Minnetonka school district. Search Excelsior real estate on bwallace.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 2
Heating: Forced Air
Lot Size: 0.46 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $7,026
Year Built: 1968

Feature Descriptions

Days on Site: 30
Foundation Size: 950
Lot: Irregular Lot, Tree Coverage - Heavy
Lot Dimensions: 135x329x421x140
Parcel#: 3311723110091
Parking: Attached Garage, Asphalt
Road Frontage: City Street
Sewer: City Sewer/Connected
Units: 2
Water: Well

Local Schools

School District: Minnetonka

Listed By / Shown By

Listed By

Agency Name: Keller Williams Premier Realty Lake Minnetonka
Agency Phone: 952-475-0111

Shown By

Agent Name: Your Realtor Blake
Agent Phone: Cell: (612) 503-4981
Agency Title: Counselor Realty

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Estimated Payment

$ 3,813.04 per month $3,059.86 Principal & Interest $585.50 Property Tax $167.68 Homeowner's Insurance

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