$6,289,600
SOLD JUN 26, 2026

2789 Pheasant Rd Excelsior, MN 55331

Orono Area
5 Beds
6 Baths
8,691 Sq Ft
1.05 Acre Lot

Sale Details

Date Sold: June 26, 2026

$724 Per Sq Ft

7% Below List Price

217 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Heated Floors
  • Deck
  • Shirley Hills Primary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of June 2026

Lake Minnetonka Lakeshore! Classic, coastal-style home with coffered ceilings, layers of enameled woodwork and walls of glass showcasing stunning views from nearly every room. Custom Stonewood build features an open concept main floor with center island kitchen and a great room opening to large, covered porch with phantom screens and outdoor cooking. Sneak away to the lakeside sunroom or the richly appointed study. Upper-level features primary suite with fireplace and luxury bath, three additional bedrooms and an exercise room. Escape to an inspirational art/crafting studio – which could also serve as a separate apartment space. Walkout lower-level features custom bar/billiard area, family room with fireplace and the fifth bedroom. Step out to the expansive screened patio with fireplace opening to the sprawling level lawn and miles of southerly views of Lake Minnetonka. Picture-perfect lakefront with crystal clear water, hard sand bottom, and charming boathouse on the shore. Long list of extra amenities including geothermal heating and cooling, large lower-level space for storage or future gym and an elevator serving all three floors. Prime location, minutes to downtown Excelsior and Wayzata, close to restaurants, shopping, multiple trails and parks.

Last Agent to Sell the Property

Gregg Larsen

Coldwell Banker Realty Brokerage Phone: 6127194477 Listed on: 10/14/2025

Coldwell Banker Realty

Last Buyer's Agent

Jeffrey Martineau

Coldwell Banker Realty

Coldwell Banker Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,224

Year Built

  • Built in 2012

Lot Details

  • 100 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Few Trees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Poured Concrete
  • Shake Siding
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Utility Room Floor Drain
  • Heated Floors

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Humidifier
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Water Filtration System
  • Water Softener is Owned

Additional Features

  • Accessible Elevator Installed
  • Air Exchanger

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2111723320005

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,224

Year Built

Built in 2012

Lot Details

1.05 Acres

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Geothermal
  • Outside Features: Cement Board, Shakes
  • Garage Spaces: 4
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 5
  • Water Source: City Water/Connected
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 6283
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6127194477
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Water Osmosis System, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom, Other, Wood Burning
  • Living Area: 8691
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2408
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Shake
  • PoolFeatures: None
  • Fencing: Invisible
  • View: Lake, Panoramic, South
  • Foundation Details: 8 ft+ Pour
  • Other Structures: Boat House
  • PatioPorchType: Covered, Deck, Front Porch, Patio, Screened
  • Lake Bottom: Hard, Excellent Sand
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Driveway - Other Surface, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Geothermal, In-Floor Heating
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Laundry Room, Sink, Upper Level
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Dock, Exercise Room, Hardwood Floors, Hot Tub, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Outdoor Kitchen, Patio, Porch, Panoramic View, Security System, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Wet Bar, Walk-In Closet

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictPhone: 9524918001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 2111723320005
  • Tax Annual Amount: 51224
  • TaxWithAssessments: 51551.54

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2025
Closed on
Jun 18, 2026
Sold by
Thomas Teynor Joseph and Marie Teynor Gail
Bought by
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Jeffrey Martineau
Coldwell Banker Realty
List Price
$6,750,000
Sold Price
$6,289,600
Premium/Discount to List
-$460,400
-6.82%
Views
465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.01%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Excelsior, MN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $6,289,600 Flex Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,995,000 Adjustable Rate Mortgage/ARM
Previous Owner $349,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2026 06/26/26 Sold $6,289,600 0.0% $724 / Sq Ft
05/21/2026 05/21/26 Pending -- -- --
05/11/2026 05/11/26 Off Market $6,289,600 -- --
03/05/2026 03/05/26 Price Changed $6,499,000 -3.7% $748 / Sq Ft
10/16/2025 10/16/25 For Sale $6,750,000 -- $777 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $51,552 $4,626,800 $1,232,500 $3,394,300
2024 $47,007 $4,277,800 $1,232,500 $3,045,300
2023 $41,632 $3,910,500 $1,232,500 $2,678,000
2022 $37,168 $3,905,000 $1,233,000 $2,672,000
2021 $38,091 $3,142,000 $948,000 $2,194,000
2020 $39,920 $3,165,000 $998,000 $2,167,000
2019 $41,601 $3,143,000 $907,000 $2,236,000
2018 $43,426 $3,167,000 $840,000 $2,327,000
2017 $41,443 $3,028,000 $830,000 $2,198,000
2016 $41,049 $2,960,000 $851,000 $2,109,000
2015 $33,767 $2,408,000 $819,000 $1,589,000
2014 -- $895,000 $819,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6803451

NorthstarMLS

APN: 21-117-23-32-0005

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