$4,400,000
Excelsior, MN 55331
MLS# 6702583
Status: Closed
3 beds | 4 baths
1 / 32
Property Description
Experience a timeless classic in this exquisitely remodeled home by Landschute. Paying homage to its original 1956 design by Ralph Rapson, this historic lakeside residence has been transformed into a masterpiece, offering all the contemporary comforts while preserving its classic charm. The home underwent a major renovation in 2013, with further updates to the lower level in 2016, and a brand-new roof added in December 2024. Step inside to discover exquisite detailing throughout, complemented by breathtaking panoramic lake views. The property boasts an idyllic two story boat house and a charming paver patio, ideal for enjoying a cozy fire pit by the water's edge. With 60 feet of lakeshore, this home offers a serene lakeside lifestyle with incredible north westerly sunset views across the main Lower Lake and the Minnetonka Yacht Club. Enjoy an open vaulted great room, main level primary suite, a flex-use open loft up above, two junior bedrooms down and a family room with continued lake views! Located in the heart of Cottagewood, you'll find yourself just steps away from the LRT trail, tennis courts, beaches, parks, and the beloved Cottagewood General Store. This residence embodies the quintessential Americana lifestyle within a unique lakeside setting, while still being only minutes away from downtown of Excelsior and Wayzata by boat, bike or car!
Details
Maps
Documents
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-07-26
Contingency: None
Current Price: $4,400,000
Closed Date: 2025-10-01
Original List Price: 4995000
Sales Close Price: 4400000
ListPrice: 4995000
List Date: 2025-07-07
Office/Member Info
Association: MAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Road Btwn WF & Home?: No
Waterfront Frontage: 60
Waterfront Present: Yes
Year Built: 1956
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: SE 70X163X60X162
Acres: 0.23
Bath Three Quarters: 1
Bath Half: 1
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 0
Above Grd Total SqFt: 0
Below Grd Total SqFt: 0
Total Finished Sqft: 3526.00
FireplaceYN: Yes
Foundation Size: 1890
Style: (SF) Single Family
Garage Stalls: 2
Association Fee: 0
Bedrooms: 3
Baths Total: 4
Bath Full: 2
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 030 REVISED COTTAGEWOOD
Map Page: 118
Municipality: Deephaven
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Property ID Number: 2411723130019
Tax Year: 2025
Tax Amount: 44860.82
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Experience a timeless classic in this exquisitely remodeled home by Landschute. Paying homage to its original 1956 design by Ralph Rapson, this historic lakeside residence has been transformed into a masterpiece, offering all the contemporary comforts while preserving its classic charm. The home underwent a major renovation in 2013, with further updates to the lower level in 2016, and a brand-new roof added in December 2024.
Step inside to discover exquisite detailing throughout, complemented by breathtaking panoramic lake views. The property boasts an idyllic two story boat house and a charming paver patio, ideal for enjoying a cozy fire pit by the water's edge. With 60 feet of lakeshore, this home offers a serene lakeside lifestyle with incredible north westerly sunset views across the main Lower Lake and the Minnetonka Yacht Club. Enjoy an open vaulted great room, main level primary suite, a flex-use open loft up above, two junior bedrooms down and a family room with continued lake views!
Located in the heart of Cottagewood, you'll find yourself just steps away from the LRT trail, tennis courts, beaches, parks, and the beloved Cottagewood General Store. This residence embodies the quintessential Americana lifestyle within a unique lakeside setting, while still being only minutes away from downtown of Excelsior and Wayzata by boat, bike or car!
Directions: Minnetonka Blvd to Cottagewood Road to Northern Road to Lakeview Ave
Accessible
None: 1
Air Conditioning
Central Air: 1
Amenities Unit
Ceiling Fan(s): 1
Deck: 1
French Doors: 1
In-Ground Sprinkler: 1
Kitchen Center Island: 1
Kitchen Window: 1
Main Floor Primary Bedroom: 1
Panoramic View: 1
Patio: 1
Primary Bedroom Walk-In Closet: 1
Tile Floors: 1
Vaulted Ceiling(s): 1
Washer/Dryer Hookup: 1
Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 44860.82
Basement
Drain Tiled: 1
Storage Space: 1
Sump Pump: 1
Bath Description
Double Sink: 1
Main Floor 1/2 Bath: 1
Main Floor Full Bath: 1
Full Primary: 1
Private Primary: 1
3/4 Basement: 1
Basement: 1
Full Basement: 1
Bathroom Ensuite: 1
Separate Tub & Shower: 1
Walk-In Shower Stall: 1
Building Information
Finished SqFt Above Ground: 2214
Finished SqFt Below Ground: 1312
Construction Status
Previously Owned: 1
Dining Room Description
Breakfast Area: 1
Eat In Kitchen: 1
Informal Dining Room: 1
Kitchen/Dining Room: 1
Living/Dining Room: 1
Exterior
Cedar: 1
Shakes: 1
Family Room Characteristics
Entertainment/Media Center: 1
Family Room: 1
Lower Level: 1
Financing Terms
Cash: 1
Fireplace Characteristics
Gas Burning: 1
Living Room: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lake/Waterfront
Lake Front: 1
Lake View: 1
Laundry
Main Level: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: Yes
Outbuildings
Boat House: 1
Ownership
Fractional Ownership: No
Patio, Porch and Deck Features
Composite Decking: 1
Deck: 1
Patio: 1
Road Frontage
City Street: 1
Paved Streets: 1
Roof
Age 8 Years or Less: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Special Search
All Living Facilities on One Level: 1
Main Floor Bedroom: 1
Main Floor Laundry: 1
Main Floor Primary: 1
Renovated: 1
Stories
One and One Half: 1
Water
Well: 1
Waterfront View
Lake: 1
Panoramic: 1
North: 1
West: 1
Location Tax and Other Information
House Number: 19820
Street Name: Lakeview
Street Suffix: Avenue
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Cottagewood
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Deck; French Doors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Vaulted Ceiling(s); Washer/Dryer Hookup
Appliances: Dishwasher; Microwave; Range; Refrigerator
Basement: Drain Tiled; Storage Space; Sump Pump
Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor Full Bath; Full Primary; Private Primary; 3/4 Basement; Full Basement; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall
Construction Status: Previously Owned
Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room
Exterior: Cedar; Shakes
Family Room Characteristics: Entertainment/Media Center; Family Room; Lower Level
Financing Terms: Cash
Fireplace Characteristics: Gas Burning; Living Room
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Laundry: Main Level
Lot Description: Accessible Shoreline; Tree Coverage - Medium
Outbuildings: Boat House
Road Frontage: City Street; Paved Streets
Roof: Age 8 Years or Less
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Renovated
Stories: One and One Half
Water: Well
Waterfront View: Lake; Panoramic; North; West
Floorplans 
Listing Office: Compass
Last Updated: October - 01 - 2025
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