NOT LISTED FOR SALE

20765 Radisson Rd Excelsior, MN 55331

Estimated Value: $1,908,000 - $2,072,000

5 Beds
3 Baths
3,756 Sq Ft
$530/Sq Ft Est. Value

Last Sold May 01, 2025

Last sale price $1,950,000 $519 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,794/month

200 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Beach Access
  • Fireplace in Primary Bedroom
  • Excelsior Elementary School Rated A+
  • Lake View
  • Deck

About This Home

As of May 2025

Welcome to 20765 Radisson Road, a one-of-a-kind lakefront home in the heart of one of the most well-known and sought-after areas of the Minneapolis suburbs. Nestled on the shores of historic Christmas Lake, this property foot print was a cottage of the Radisson Hotel that burned down in 1936. The Hotel and the satellite cottages were purchased and built in the early 20’s. This home is a true piece of Minnesota history.

After purchasing in 1955, this property has been transformed into a stunning three-story residence inspired by the timeless designs of Frank Lloyd Wright. While the home retains its original charm, it offers expansive living spaces, variety of built-in storage areas, recessed lighting, high perspective lake views, and unique architectural details that make it stand out as a centerpiece of the neighborhood. The home’s spacious main level boasts an open-concept design with a dramatic living area centered around a statement fireplace, where walls of windows frame breathtaking views of the lake. The primary suite is designed for comfort and convenience, featuring his-and-her built-in closets that add both functionality and elegant. Downstairs, the walkout level is an entertainer’s dream, complete with a full bar and a patio overlooking the water—perfect for family dinners, celebrations, or simply enjoying the peaceful lakeside atmosphere. Additional spaces like a workshop and basement cellar offer versatility for hobbies and storage, making this home as practical as it is beautiful. The historic charm and unique setting ensure this property is more than just a house, it’s a lifestyle. Situated near top-rated Minnetonka schools, and close to local dining, shopping, and all the conveniences of the Minneapolis suburbs, this property combines convenience with a serene retreat-like atmosphere.

Spring-fed Christmas Lake has long been known for its pristine clarity and quiet, safe boating waters. The lake offers an “up north” experience less than 30 minutes to downtown, the airport and all major medical clinics/hospitals. The gently sloping lot ends with a deck overlooking deep water, hard sandy lakeshore, some of the best in all of Christmas Lake. Enjoy swimming, water skiing and fishing right off your dock. The location is superb with gorgeous southeast views of historic Ridge Road and walking distance to downtown Excelsior and the many restaurants, trails and shopping.

Whether you are looking for a rare opportunity to preserve and enhance an architectural gem steeped in history or looking for a truly one-of-kind location to build a new residence, this property presents the best of both opportunities. And whether you choose to restore its unique character or bring your creative vision to life, this property offers unmatched potential. Don’t miss the chance to own a property with this level of charm, history, and potential in such a prestigious location. Schedule your private showing today and start imagining your life at 20765 Radisson Road, a truly iconic lakefront home.

Last Agent to Sell the Property

Hans Zinn

Coldwell Banker Realty Brokerage Phone: 612-964-8111 Listed on: 08/20/2024

Coldwell Banker Realty

Co-Listed By

Max Zinn

Coldwell Banker Realty Brokerage Phone: 612-964-8111

Last Buyer's Agent

John MacKany

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,124

Year Built

  • Built in 1900

Lot Details

  • 0.94 Acre Lot
  • 62 Feet of Waterfront
  • Lake Front
  • Many Trees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener Leased

Community Details

  • No Home Owners Association
  • Radisson Inn Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3611723220017

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,124

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Private, Well
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2828
  • Water Body Name: Christmas
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-964-8111
  • Attribution Contact: 612-964-8111
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Storage Space, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Rented
  • Fireplace Features: Brick, Family Room, Gas, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 3756
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 928
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Laundry, Foyer, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Bar/Wet Bar Room, Deck, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: None
  • View: Lake, South
  • PatioPorchType: Covered,Deck,Patio
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 40+
  • Waterfront Frontage: 62

Garage/Parking

  • Parking Features: Detached, Gravel, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 40946.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3611723220017
  • Tax Annual Amount: 17124
  • TaxWithAssessments: 17124.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Apr 28, 2025
Sold by
Lee C And Joanne C Hermann Living Trust and Hermann Todd E
Bought by
Christmas Lake Llc
Seller's Agent
Hans Zinn
Coldwell Banker Realty
Buyer's Agent
John MacKany
Edina Realty, Inc.
List Price
$2,250,000
Sold Price
$1,950,000
Premium/Discount to List
-$300,000
-13.33%
Views
123
Current Estimated Value
$1,989,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,755
Avg. Annual Appreciation
3.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Christmas Lake Llc $1,950,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $1,950,000 0.0% $519 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/08/2025 03/08/25 Off Market $1,950,000 -- --
08/22/2024 08/22/24 For Sale $2,250,000 -- $599 / 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 $16,800 $1,289,200 $1,269,200 $20,000
2023 $17,124 $1,369,500 $1,349,500 $20,000
2022 $14,916 $1,316,000 $1,296,000 $20,000
2021 $13,305 $1,065,000 $1,045,000 $20,000
2020 $13,966 $951,000 $931,000 $20,000
2019 $14,137 $951,000 $931,000 $20,000
2018 $14,078 $956,000 $931,000 $25,000
2017 $12,908 $868,000 $848,000 $20,000
2016 $12,626 $837,000 $728,000 $109,000
2015 $11,883 $789,000 $680,000 $109,000
2014 -- $711,000 $612,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6585060

NorthstarMLS

APN: 36-117-23-22-0017