5345 Wedgewood Dr Excelsior, MN 55331
Estimated payment $4,340/month
Highlights
- Very Popular Property
- Cul-De-Sac
- Forced Air Heating System
- Minnewashta Elementary School Rated A
- 4 Car Attached Garage
About This Home
Don’t miss this rare investment or house-hack opportunity just one mile from charming downtown Excelsior and Lake Minnetonka. Nestled on a quiet cul-de-sac and backing up to a scenic bike path, this beautifully updated duplex offers the perfect blend of privacy, nature, and convenience. Situated on a sprawling half-acre wooded lot, this property features two spacious units; one 3 bed / 2 bath and one 4 bed / 2 bath (4th bedroom non-conforming) - both currently vacant and ready for immediate occupancy. Whether you're an owner-occupant looking for rental income or an investor seeking a move-in-ready asset, this home checks all the boxes. Recent improvements include brand-new decks completed in 2025 and numerous interior updates throughout both units, ensuring a modern, clean, and low-maintenance living experience. Enjoy direct access to the trail system right out your back door; walk or bike to the lake, shops, restaurants, breweries, and all Excelsior has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,461
Year Built
- Built in 1979
Lot Details
- Cul-De-Sac
Parking
- 4 Car Attached Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Utilities
- Forced Air Heating System
- Well
Community Details
- 2 Units
- Wild Duck 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3311723210041
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | For Sale | $679,000 | +8.6% | $183 / Sq Ft |
01/19/2024 01/19/24 | Sold | $625,000 | -0.8% | $169 / Sq Ft |
12/02/2023 12/02/23 | Pending | -- | -- | -- |
11/26/2023 11/26/23 | For Sale | $629,900 | +86.9% | $170 / Sq Ft |
11/20/2014 11/20/14 | Sold | $337,000 | -12.5% | $75 / Sq Ft |
10/28/2014 10/28/14 | Pending | -- | -- | -- |
07/11/2014 07/11/14 | For Sale | $385,000 | -- | $85 / Sq Ft |
Source: NorthstarMLS
MLS Number: 6764352

APN: 33-117-23-21-0041
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