$1,299,000

5470 Carrie Ln Excelsior, MN 55331

Estimated payment $8,090/month

Total Views 9,919
5 Beds
4.5 Baths
6,039 Sq Ft
$215 Price per Sq Ft

Highlights

  • Deck
  • Family Room with Fireplace
  • Home Office
  • Excelsior Elementary School Rated A
  • Vaulted Ceiling
  • Double Oven

About This Home

This stunning custom-built home exemplifies superior craftsmanship and meticulous attention to detail, nestled in the highly sought-after Minnetonka school district and a five-minute drive to downtown Excelsior. Nearly every window has been replaced with premium Marvin windows (a $150,000 investment) while a new roof offers long-term peace of mind. Inside, white oak hardwood floors stretch throughout the main level, complemented by enameled woodwork and baseboards for a refined finish. The kitchen is a showstopper, featuring new granite countertops, sinks, faucets, a stylish backsplash, crown molding, new SubZero refrigerator, and a dedicated coffee station. The formal dining room is remodeled to include a custom buffet with a built-in beverage refrigerator. The vaulted office includes a new ceiling fan creating a spacious and functional workspace. Comfort continues with updated ceiling fans in the living room and sunroom along with an electric fireplace in the den, and a fully upgraded lower level boasting new carpeting, recessed lighting, and a smooth ceiling finish. Bathrooms have been thoughtfully renovated with new vanities and updated fixtures. A new washer and dryer, whole-home Kinetico water filtration system, and reverse osmosis drinking water system add convenience and wellness. The heated garage, new insulated garage doors, new driveway overlay (includes 10-year transferable warranty), and exterior lighting enhance year-round livability and curb appeal. Outdoors, enjoy a professionally cleared yard with irrigation system, firepit, and shed for added storage and recreation. This home is a rare blend of luxury, comfort, and thoughtful design.

Listing Agent

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 09/10/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,082

Year Built

  • Built in 1988

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Irregular Lot
  • Many Trees

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Utility Room

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Block Basement Construction
  • Basement Storage

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Filtration System
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include lawn care, snow removal
  • Lake And Wood HOA Chad Olsen Association, Phone Number (612) 220-4614

Listing and Financial Details

  • Assessor Parcel Number 3611723210013

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,082

Year Built

Built in 1988

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Fee Frequency: Annually
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 4399
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Finished, Full, Storage Space, Tile Shower, Walkout
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Amusement Room, Electric, Family Room, Living Room, Wood Burning
  • Living Area: 6039
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1640
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Informal Dining Room, Laundry, Four Season Porch, Deck, Porch, Bedroom 1, Bedroom 2, Bedroom 3, Sitting Room, Bedroom 4, Utility Room, Office, Bedroom 5

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Other, Snow Removal
  • Phone: 612-220-4614
  • Association Fee: 1000
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Skylight,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Lake and Wood HOA -Chad Olsen

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 435560
  • Lot Size Sq Ft: 43560
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3611723210013
  • Tax Annual Amount: 14082
  • TaxWithAssessments: 14082.0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,082 $1,093,500 $338,000 $755,500
2023 $13,995 $1,133,500 $400,600 $732,900
2022 $9,725 $986,000 $295,000 $691,000
2021 $9,461 $722,000 $192,000 $530,000
2020 $9,386 $699,000 $180,000 $519,000
2019 $9,817 $665,000 $156,000 $509,000
2018 $12,362 $688,000 $191,000 $497,000
2017 $11,562 $786,000 $228,000 $558,000
2016 $12,124 $807,000 $281,000 $526,000
2015 $12,000 $796,000 $270,000 $526,000
2014 -- $789,000 $300,000 $489,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2025 09/13/25 For Sale $1,299,000 -- $215 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $695,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $556,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: NorthstarMLS

MLS Number: 6775071

NorthstarMLS

APN: 36-117-23-21-0013