NOT LISTED FOR SALE

40 Clay Cliffe Dr Excelsior, MN 55331

Estimated Value: $4,159,000 - $6,660,000

5 Beds
5.5 Baths
8,019 Sq Ft
$665/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $5,500,000 $686 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $34,372/month

3 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Dock Facilities
  • Home Theater
  • Minnewashta Elementary School Rated A
  • Beach
  • 5-minute walk to Old Orchard Park

About This Home

As of July 2023

Incredible setting with extreme privacy on Lake Minnetonka 's only gated community, Clay Cliffe. Magnificent attention to detail on 1.13-acre, Lake Minnetonka, rolling green lot with 100 ft of direct level, sandy Lakeshore and one of the most prestigious neighborhoods. The spectacular home has been completely remodeled and is move in ready. With a new cedar shake and copper roof, new mechanicals and home systems, and beautifully redesigned kitchen, bathrooms, and upper, main, and lower levels, this home will exceed your expectations. Perfect for indoor and outdoor entertaining, it has all the amenities. A large, open, 3200 sf first floor connects beautifully to a spacious, private outdoor patio, heated pool, spa, outdoor kitchen, and vast lakeshore, there's nothing more you need. This home also has a four-car heated garage with additional workshop and storage. If tennis or pickle ball is a hobby, you are in the right neighborhood! Enjoy all the appointed details of this estate property

Last Agent to Sell the Property

Amy Hendel

Coldwell Banker Realty Brokerage Phone: 612-414-7725 Listed on: 06/15/2023

Coldwell Banker Realty

Last Buyer's Agent

David Stickney

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,597

Year Built

  • Built in 2003

Lot Details

  • 1.14 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Irregular Lot
  • Cleared Lot

HOA Fees

  • $624 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage

Home Design

  • Metal Roof
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • 3 Fireplaces
  • Brick Fireplace
  • Sitting Room
  • Living Room
  • Home Theater
  • Home Office
  • Utility Room Floor Drain
  • Washer
  • Home Gym

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

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

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Patio

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Hot Water Heating System
  • Iron Water Filter
  • Water Filtration System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2811723120012

Community Details

Overview

  • Association fees include lawn care, ground maintenance, professional mgmt, security, shared amenities, snow removal
  • Clay Cliffe Association, Phone Number (844) 958-1754
  • Clay Cliffe Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,597

Year Built

Built in 2003

Lot Details

0

HOA Fees

$624 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Boat Slip, Dock, Spa/Hot Tub, In-Ground Sprinkler System, Patio, Tennis Court(s)
  • Fee Frequency: Annually
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 5613
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-414-7725
  • Attribution Contact: 612-414-7725
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, 8 ft+ Pour, Finished, Full, Storage/Locker, Sump Pump
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Other, Range, Refrigerator, Tankless Water Heater, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Brick, Full Masonry, Gas
  • Living Area: 8019
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2406
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Media Room, Exercise Room, Sitting Room

Beds/Baths

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

Exterior Features

  • Roof: Shake, Age 8 Years or Less, Metal
  • PoolFeatures: Below Ground, Heated
  • Fencing: Partial
  • View: Bay, Lake
  • ConstructionMaterialsDesc: Brick
  • PatioPorchType: Patio,Terrace
  • Lake Acres: 14205
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Heated Garage
  • Garage Square Feet: 1400

Utilities

  • Heating: Forced Air, Fireplace(s), Hot Water, Humidifier, Radiant Floor, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Other, Maintenance Grounds, Professional Mgmt, Security, Shared Amenities, Snow Removal
  • Phone: 844-958-1754
  • Association Fee: 7486
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),Ethernet Wired,Exercise Room,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Primary Bedroom Walk-In Closet,Multiple Phone Lines,Natural Woodwork,Outdoor Kitchen,Patio,Security System,Security Lights,Boat Slip,In-Ground Sprinkler,Tennis Court,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: Clay Cliffe

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 171x310xL100x415
  • Lot Size Sq Ft: 49658.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Cleared, Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2811723120012
  • Tax Annual Amount: 47597
  • TaxWithAssessments: 47597.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 25, 2023
Sold by
Eliana Brito Da Silva Schmidt Revocable and Schmidt Eliana Brito
Bought by
Clay Holdings Llc
Seller's Agent
Amy Hendel
Coldwell Banker Realty
Buyer's Agent
David Stickney
Coldwell Banker Realty
List Price
$5,350,000
Sold Price
$5,500,000
Premium/Discount to List
$150,000
2.8%
Views
10
Current Estimated Value
$5,331,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,823
Avg. Annual Appreciation
-1.41%

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bolling Robert G
Bought by
Schmidt Eliana Brito Da Silva and Schmidt Guilherme

Purchase Details

Closed on
Mar 18, 2011
Sold by
Berger Ryan Robert
Bought by
Bolling Robert G

Purchase Details

Closed on
Jul 29, 2002
Sold by
Ventura Anthony L
Bought by
Berger Ryan R and Berger Leigh S
Source: Public Records

Range of Values:

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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
Clay Holdings Llc $5,500,000 Burnet Title
Clay Holdings Llc $5,500,000 Burnet Title
Clay Holdings Llc $5,500,000 --
Schmidt Eliana Brito Da Silva $3,350,000 Regency Title Inc
Bolling Robert G $3,675,000 --
Berger Ryan R $2,125,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $5,500,000 0.0% $686 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/17/2023 06/17/23 Off Market $5,500,000 -- --
06/16/2023 06/16/23 For Sale $5,350,000 -- $667 / 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 $65,799 $5,173,600 $3,195,500 $1,978,100
2023 $52,334 $4,362,100 $2,662,900 $1,699,200
2022 $48,993 $3,920,000 $2,443,000 $1,477,000
2021 $48,217 $3,661,000 $2,305,000 $1,356,000
2020 $46,733 $3,565,000 $2,190,000 $1,375,000
2019 $50,740 $3,594,000 $2,190,000 $1,404,000
2018 $52,192 $3,773,000 $2,453,000 $1,320,000
2017 $50,835 $3,599,000 $2,228,000 $1,371,000
2016 $47,847 $3,329,000 $2,134,000 $1,195,000
2015 $49,466 $3,329,000 $2,134,000 $1,195,000
2014 -- $3,140,000 $1,980,000 $1,160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6387613

NorthstarMLS

APN: 28-117-23-12-0012