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5470 Maple Heights Road

Greenwood, MN 55331

3 beds
3 baths
2,446 sqft
16,117 sqft lot
$1,022 per sqft
1968 build
– on site

Exceptional opportunity to build your dream home on the shores of Lake Minnetonka! Located on the highly sought-after St. Albans Bay, west facing 90-foot lakeshore property offers expansive sunset views and excellent shoreline for boating, dockage, and lake recreation. Nestled on a quiet street just minutes from Excelsior, this rare close-in location combines the tranquility of lake life with convenient access to shopping, dining, and amenities. The value is in the land. Current home likely a teardown or major remodel needed - making this the perfect location for your custom lakefront estate. The building site is 90 feet on the lake and 90 feet at the construction setback and building site. This allows for a 60-foot-wide home with western lake views from almost every room. The site is 15933 sq ft. Hard cover is 30% or 4780sq ft. The current house is 2446 Sq ft.

Listing courtesy of NORTHSTAR / Carl Zinn / Coldwell Banker Realty

Last checked: Checking… • Last updated Jun 19, 2025 •

MLS# 6736726 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1968
New Construction:

false
Age Of Property:

57
Construction Materials:

Cedar
Construction Materials Desc:

Block
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

2416.0000
Basement:

Daylight/Lookout Windows, Full, Partially Finished, Walkout
Basement:

true
Foundation Area:

2416
Manufactured Home:

No
Building Area Total:

4832
Above Grade Finished Area:

2416
Below Grade Finished Area:

30

Interior

Dining Room Description:

Breakfast Bar,Breakfast Area,Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Decorative, Family Room, Wood Burning
Amenities:

Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Washer/Dryer Hookup,Walk-In Closet

Room Dimensions

Living Area:

2446

Location

Directions:

Hwy 7 to N on Christmas Lake Road, Right on Excelsior Blvd, Left on Maple Heights Rd to home.
Latitude:

44.906574
Longitude:

-93.54711

The Property

Parcel Number:

2611723440053
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Many Trees
Lot Size Area:

0.37
Lot Size Dimensions:

irregular
Lot Size SqFt:

16117.2
Lot Size Units:

Acres
View:

Bay, City Lights, Panoramic, West
Lake Chain:

N
Lake Acres:

14205
Lake Depth:

113
Lake Bottom:

Hard,Sand
Water Body Name:

Minnetonka
Waterfront Slope:

Gradual
Waterfront Feet:

90
Waterfront Elevation:

15-26
Road Between Waterfront and Home:

No
Road Frontage Type:

City Street, No Outlet/Dead End, Paved Streets
Road Responsibility:

Public Maintained Road
Fencing:

None
Water Source:

Private, Well
Other Structures:

Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

18778
Tax With Assessments:

18778.0000

Beds

Bedrooms Total:

3

Baths

Total Baths:

3
Bath Description:

3/4 Basement,3/4 Primary,Private Primary,Main Floor Full Bath
Full Baths:

1
Three Quarter Baths:

2

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Chandelier, Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned

Schools

High School District:

Minnetonka

The Community

Pool Features:

None
Waterfront:

true
Waterfront Features:

Dock, Lake Front, Lake View
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Garage Door Opener
Garage Spaces:

2
Garage SqFt:

480

Monthly cost estimate

Asking price

$2,500,000

Expense	Monthly cost
Mortgage	$13,386
Taxes	$1,564
Insurance	$687
Utilities	$208 See report
Total	$15,845/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/19/25 Jun 19, 2025	Listed / Active	NORTHSTAR	$2,500,000

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This house located in Greenwood, MN 55331 is currently for sale for $2,500,000. 5470 Maple Heights Road is a 2,446 square foot house with 3 beds and 3 baths that has been on Estately for 0 days. This house is in the attendance area of Middle School West, Excelsior Elementary School, and Minnetonka High School.

Listing Courtesy of: NORTHSTAR and Coldwell Banker Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.