NOT LISTED FOR SALE

5025 Covington St Excelsior, MN 55331

Estimated Value: $3,094,927 - $4,232,000

4 Beds
6 Baths
7,378 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 08, 2025

Last sale price $4,000,000 $542 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $21,047/month

25 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Radiant Floor
  • No HOA
  • Excelsior Elementary School Rated A+
  • Sun or Florida Room
  • Game Room

About This Home

As of August 2025

Experience refined coastal style in the heart of demand Greenwood! Designed by Mike Sharratt, this cottage-style home seamlessly blends classic charm with modern amenities. From the moment you step inside, the high-quality craftsmanship and keen attention to detail can be found at every turn. Custom leaded stained glass windows by local artisan Gaytee-Palmer Stained Glass add a touch of artistry, while beautiful wainscoting and box-beamed ceilings elevate the home’s character. The main level showcases an open floor plan centered around a chef’s Kitchen that is as functional as it is beautiful. Equipped with custom cabinetry, Cambria surfaces, professional appliances from Wolf and SubZero, and a Butler’s Pantry equipped with a built-in Miele coffee machine, this is where delicious meals come to life. As you walk into the expansive Great Room, you’ll find soaring timber trusses, and a gas fireplace with a 20-foot, floor-to-ceiling stone surround flanked by glass French doors that open to the patio. A custom walnut entertainment center and wet bar elevate the space, creating a stylish setting for effortless entertaining. Whether you're sipping your morning coffee or gathering with family and friends, the Sun Room is a space designed for connection—where you can slow down and savor the commanding views. Working from home? It has never been so inspiring with park views, rich walnut built-ins, stained glass windows, and box timber beams. Upstairs, you will find the luxurious Primary Suite complete with a gas fireplace surrounded by wall-to-wall built-ins, an expansive walk-in closet with built-in dresser, and a private Deck. The spa-worthy Bathroom features heated marble floors, a spacious dual-head marble tiled shower, and a sculptural Victoria + Albert freestanding tub that invites long, peaceful soaks at the end of the day. Two additional Junior Bedroom suites provide privacy and comfort with en suite bathrooms featuring heated tile floors and spacious walk-in closets. Designed for fun, the fully finished lower level offers a spacious Family Room—perfect for movie nights or board games—plus an adjacent Game Room ready for your game or poker table. A large Guest Bedroom, 3⁄4 Bath, Powder Room, and two finished Storage Rooms complete the space. Everyday living is made effortless with an elevator serving all three levels, along with dual laundry rooms thoughtfully placed on both the main and upper level for ultimate convenience. Outdoors, the living spaces are truly exceptional with a Screen Porch ready for summer days, and a spacious flagstone Patio centered around a woodburning fireplace – setting the stage for unforgettable evenings under the stars. The property is uniquely positioned alongside two available parcels anchored by 4900 Meadville Street, with nearly 200 feet of Lake Minnetonka shoreline sited on .63 acres of tranquil lakeside beauty, and complemented by 4905 Meadville Street, a level .53 acre lot that together create a rare opportunity for a private estate or family compound in one of Minnesota’s most coveted waterfront neighborhoods. Perfectly located across from Greenwood Park, this home is just a short walk to the Village of Excelsior and adjacent to the Lake Minnetonka Regional Trail. Enjoy the unmatched convenience and access to all the best that this Lake Minnetonka neighborhood has to offer.

Last Agent to Sell the Property

Stafford Family Realtors

Coldwell Banker Realty Brokerage Phone: 612-282-6895 Listed on: 05/09/2025

Coldwell Banker Realty

Co-Listed By

Eric Stafford

Coldwell Banker Realty Brokerage Phone: 612-282-6895

Last Buyer's Agent

William Coffman

Coldwell Banker Realty - Southwest Regional

Coldwell Banker Realty - Southwest Regional

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,238

Year Built

  • Built in 2015

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 147x150x121x150
  • Many Trees
  • Additional Parcels

Parking

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

Home Design

  • Pitched Roof
  • Shake Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Dining Room
  • Home Office
  • Game Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Utility Room Floor Drain
  • Radiant Floor

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Grab Bar In Bathroom
  • Accessible Pathway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Iron Water Filter
  • Water Filtration System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2611723240032

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,238

Year Built

Built in 2015

Lot Details

0.46 Acres

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, Grab Bars In Bathroom, Hallways 42"+, No Stairs External, Roll-In Shower
  • Fireplaces: 3
  • Water Source: Private, Well
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 4896
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-282-6895
  • Attribution Contact: 612-282-6895
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, 8 ft+ Pour, Egress Window(s), Finished, Full, Storage Space, Sump Pump, Tile Shower
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Primary Bedroom, Wood Burning
  • Living Area: 7378
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2482
  • Basement YN: Yes
  • Dining Room Type: Great Room, Kitchen, Dining Room, Sun Room, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Game Room, Family Room, Storage, Screened Porch

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Pitched, Wood
  • PoolFeatures: None
  • View: Lake
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Deck,Front Porch,Patio,Porch,Screened
  • LakeChain: N

Garage/Parking

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

Utilities

  • Heating: Forced Air, Radiant Floor, Zoned
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric,Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 147x150x121x150
  • Lot Size Sq Ft: 20037.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

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

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2611723240032
  • Tax Annual Amount: 31238
  • TaxWithAssessments: 31238.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2015
Sold by
Rottier Eric M and Rottier Nora S
Bought by
Mcquinn Mary Agnes
Current Estimated Value
$3,506,482

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 1, 2014
Sold by
Spaude Barbara S and Spaude Joseph
Bought by
Mathews Vasek Companies Inc and Mathews Vasek Construction
Seller's Agent
Sue Busch
Edina Realty, Inc.
Buyer's Agent
Dave Moore
Edina Realty, Inc.
List Price
$447,700
Sold Price
$429,500
Premium/Discount to List
-$18,200
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.30%
Original Mortgage
$425,500
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2011
Sold by
Burdick Bc and Burdick Brigitte
Bought by
Kroke Barbara S
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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Purchase History

Date Buyer Sale Price Title Company
Mcquinn Mary Agnes $1,450,000 Edina Realty Title Inc
Mathews Vasek Companies Inc $429,500 Edina Realty Title Inc
Kroke Barbara S -- Nextace Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathews Vasek Companies Inc $425,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Sold $4,000,000 +14.3% $542 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $3,500,000 +714.9% $474 / Sq Ft
05/01/2014 05/01/14 Sold $429,500 -4.1% $135 / Sq Ft View Prior Sale
04/16/2014 04/16/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $447,700 -- $141 / Sq Ft
Source: NorthstarMLS

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 $31,238 $2,576,000 $575,000 $2,001,000
2023 $28,542 $2,508,400 $507,100 $2,001,300
2022 $22,469 $2,264,000 $451,000 $1,813,000
2021 $23,432 $1,769,000 $440,000 $1,329,000
2020 $24,565 $1,812,000 $440,000 $1,372,000
2019 $24,887 $1,809,000 $407,000 $1,402,000
2018 $22,686 $1,793,000 $407,000 $1,386,000
2017 $17,751 $1,274,000 $270,000 $1,004,000
2016 $3,984 $310,000 $260,000 $50,000
2015 $5,288 $409,000 $208,000 $201,000
2014 -- $349,000 $174,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6641418

NorthstarMLS

APN: 26-117-23-24-0032

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