5200 Greenwood Circle, Greenwood, MN 55331
Local realty services provided by:CENTURY 21 Atwood
Listed by: joel hentges
Office: re/max advantage plus
MLS#:7096247
Source:NSMLS
Price summary
- Price:$579,000
About this home
TEAR ME DOWN...or Bring Me Back to Life!
Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy access to Maynards, Excelsior Commons, Lake Minnetonka, shopping, dining, the library, and all the charm and activities that make Excelsior such a sought-after destination. The home features a private wooded setting, oversized 25x21 garage, expansive deck for entertaining, backyard firepit area, and a functional floor plan with plenty of space to reimagine. The main level includes a primary suite with a private ¾ bath and walk-in closet, while the walkout lower level offers two additional bedrooms, a full bath, and a large amusement room with bar area.
Recent improvements include fresh interior paint and new carpeting, but buyers should expect repairs, deferred maintenance, and the need for cosmetic updating throughout. This is not a turnkey property and is being offered as an opportunity for someone with vision to build equity in a neighborhood surrounded by significantly higher-priced homes. The true value lies in the location, privacy, walkability, and potential. Rarely does a property in this setting become available at such an attractive price point. Renovate, refresh, expand, or rebuild—the choice is yours.
Pre-listing inspection report available in MLS supplements. Buyers are encouraged to review the report prior to submitting an offer....
Contact an agent
Home facts
- Listing ID #:7096247
- Added:2 day(s) ago
- Updated:June 22, 2026 at 12:04 PM
Structure and exterior
- Lot area:0.34 Acres
- Lot Features:Wooded
Finances and disclosures
- Price:$579,000
- Tax amount:$4,783 (2026)
New listings near 5200 Greenwood Circle
- New
$6,449,000Active6 beds 7 baths8,416 sq. ft.5155 Weeks Road, Greenwood, MN 55331
MLS# 7094517Listed by: SUMMIT REALTY LLC
$579,000Active3 beds 3 baths1,980 sq. ft.5200 Greenwood Circle, Excelsior, MN 55331
MLS# 7072844Listed by: RE/MAX ADVANTAGE PLUS
$5,750,000Active4 beds 4 baths4,698 sq. ft.5150 Meadville Street, Excelsior, MN 55331
MLS# 7080605Listed by: RE/MAX ADVANTAGE PLUS
$1,595,000Pending4 beds 4 baths4,365 sq. ft.4820 Lodge Lane, Greenwood, MN 55331
MLS# 7048949Listed by: COMPASS
$2,650,000Active4 beds 4 baths4,562 sq. ft.21150 Excelsior Boulevard, Excelsior, MN 55331
MLS# 7066955Listed by: COLDWELL BANKER REALTY
$4,995,000Pending0.63 Acres4900 Meadville Street, Excelsior, MN 55331
MLS# 7042283Listed by: COLDWELL BANKER REALTY
$3,650,000Active5 beds 3 baths2,393 sq. ft.5080 Meadville Street, Greenwood, MN 55331
MLS# 7006231Listed by: COLDWELL BANKER REALTY
$3,195,000Active5 beds 6 baths5,909 sq. ft.21735 Fairview Street, Greenwood, MN 55331
MLS# 6811591Listed by: RE/MAX RESULTS
$4,800,000Active4 beds 6 baths5,963 sq. ft.4940 Meadville Street, Excelsior, MN 55331
MLS# 6773074Listed by: KELLER WILLIAMS PREMIER REALTY LAKE MINNETONKA