$2,800,000
SOLD JUL 31, 2025

20545 Linwood Rd Excelsior, MN 55331

6 Beds
5.5 Baths
5,495 Sq Ft
0.41 Acres

Recently Sold

$510 Per Sq Ft

26% Below List Price

306 Days on Market

Highlights

  • Radiant Floor
  • 2 Fireplaces
  • No HOA
  • Deephaven Elementary School Rated A
  • Sun or Florida Room
  • Sitting Room

About This Home

As of July 2025

FOUR CAR GARAGE, HYDRAULIC LIFT TO SPANCRETE BELOW GARAGE, HUGE FENCED YARD WITH ROOM FOR A POOL.

Live the healthy “lake lifestyle” near World Famous Lake Minnetonka. Swim, paddleboard, canoe, kayak, from one of Deephaven’s five city beaches located up the street. Access to the LRT trail is around the corner and offers biking, jogging, or an easy stroll to Excelsior for ice cream. Unmatched convenience to tennis, pickleball, parks, sailing, boating, ice skating in the winter, the list goes on and on. Dockage, moorings, slides, and canoe racks are offered through the city of Deephaven.

Looking for something more low-key? Relax in the 300 sq ft porch with flat-screen TV, radiant heated floors, wood-burning fireplace, and a built-in rotisserie grill. Open to the huge backyard or close the screen with the touch of a button and enjoy outdoor dining or relax near the fire pit. The gorgeous backyard is fenced in and with room for a pool, it’s perfect for intimate gatherings or grand celebrations.

The rarest of rare four-car garage is immaculate with loads of cabinet space, epoxy flooring, and a hydraulic lift to the Spancrete space below. Currently a large workout room, the space can also be a kid’s play area, hockey practice space, storage for outdoor furniture, snowmobiles, etc.

Set in the lakeside community of Cottagewood USA this residence was designed by the talented Ben Nelson and crafted by renowned Konen Homes. The home oozes with character and offers an abundance of privacy. High-end finishes are evident throughout including: Marvin Ultimate Line windows, exceptional selections of stone, shiplap walls, vintage-stained oak flooring, and ceiling millwork. The kitchen is sensational with Thermidor appliances and a very special one of one pantry, it’s sure to be the hub of activity. Open to the kitchen is the great room featuring custom bookshelves, a brick wood-burning fireplace, and a built-in media center. You’ll love the beautiful reading nook located off the great room featuring a wall of enclosed built-in bookshelves. A dramatic wall of bifold doors opens the house to the porch and backyard. So many spaces to enjoy time with family and friends. Upstairs are five bedrooms and four bathrooms: the primary suite, a junior suite, two bedrooms sharing a Jack and Jill bath and a fifth bedroom in-law suite/man cave/den/office.

The lower level is home to a sixth bedroom with a huge lookout egress window and a beautiful three-quarter bath. The lower level has a Ralph Lauren, warm, comfortable, inviting feel with radiant in-floor heat, a media area, game table area, full bar, and a flex room that closes off with a rolling barn door. A whole house generator ensures that your comfort isn’t interrupted. Do not miss this extraordinary opportunity! Welcome to upscale casual living!

Last Agent to Sell the Property

Mark Grieger

Coldwell Banker Realty Brokerage Phone: 612-382-4952 Listed on: 09/13/2024

Coldwell Banker Realty

Last Buyer's Agent

Molly Scholle

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,171

Year Built

  • Built in 2014

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 183 x 98 x 185 x 98
  • Many Trees

Parking

  • 4 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room Floor Drain
  • Radiant Floor

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Deephaven Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411723330005

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,171

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 4247
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-382-4952
  • Attribution Contact: 612-382-4952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Wood Burning
  • Living Area: 5495
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1248
  • Basement YN: Yes
  • Dining Room Type: Foyer, Living Room, Dining Room, Kitchen, Sitting Room, Sun Room, Bar/Wet Bar Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Laundry, Family Room, Storage

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PatioPorchType: Covered,Front Porch,Patio,Porch,Rear Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Storage

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,In-Ground Sprinkler,Sun Room,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 183 x 98 x 185 x 98
  • Lot Size Sq Ft: 17859.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2411723330005
  • Tax Annual Amount: 33171
  • TaxWithAssessments: 33171.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2016
Sold by
Konen Jeffrey and Konen Pamela Jo
Bought by
Neill Brian Thomas O and Neill Kelly Ann O
Current Estimated Value
$2,851,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,588,125
Outstanding Balance
$1,248,805
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,602,831

Purchase Details

Closed on
Jul 31, 2013
Sold by
Erickson Barbara Lynn and Erickson Robert Otis
Bought by
Konen Jeffrey and Konen Pamela Jo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,117,500 Title Mark Llc
Warranty Deed $400,000 Title Mark
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,588,125 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $2,800,000 -6.5% $510 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $2,995,000 -3.4% $545 / Sq Ft
04/30/2025 04/30/25 Price Changed $3,100,000 -5.9% $564 / Sq Ft
03/01/2025 03/01/25 Price Changed $3,295,000 -8.3% $600 / Sq Ft
12/17/2024 12/17/24 Price Changed $3,595,000 -5.3% $654 / Sq Ft
09/14/2024 09/14/24 For Sale $3,795,000 0.0% $691 / Sq Ft
09/14/2024 09/14/24 Off Market $3,795,000 -- --
09/13/2024 09/13/24 For Sale $3,795,000 -- $691 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $34,884 $2,741,700 $600,000 $2,141,700
2023 $33,171 $2,738,000 $600,000 $2,138,000
2022 $28,265 $2,473,000 $550,000 $1,923,000
2021 $25,582 $2,106,000 $500,000 $1,606,000
2020 $24,448 $1,914,000 $353,000 $1,561,000
2019 $23,849 $1,764,000 $351,000 $1,413,000
2018 $23,043 $1,732,000 $351,000 $1,381,000
2017 $19,725 $1,422,000 $312,000 $1,110,000
2016 $19,723 $1,396,000 $291,000 $1,105,000
2015 $3,309 $271,000 $270,000 $1,000
2014 -- $235,000 $219,000 $16,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6595586

NorthstarMLS

APN: 24-117-23-33-0005