$2,150,000
SOLD SEP 23, 2025

5470 Maple Heights Rd Excelsior, MN 55331

3 Beds
3 Baths
1,921 Sq Ft
0.37 Acres

Recently Sold

$1,119 Per Sq Ft

14% Below List Price

41 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Lake View
  • No HOA
  • Excelsior Elementary School Rated A
  • Deck
  • The kitchen features windows

About This Home

As of September 2025

Exceptional opportunity to build your dream home on the shores of Lake Minnetonka! Located on the highly sought-after St. Albans Bay, west facing 90-foot lakeshore property offers expansive sunset views and excellent shoreline for boating, dockage, and lake recreation. Nestled at the end of a quiet street just minutes from Excelsior, this rare close-in location combines the tranquility of lake life with convenient access to shopping, dining, and amenities. The value is in the land. Current home likely a teardown or major remodel needed - making this the perfect location for your custom lakefront estate. The building site is 90 feet on the lake and 90 feet at the construction setback and building site. This allows for a 60-foot-wide home with western lake views from almost every room. The site is 15933 sq ft. Hard cover is 30% or 4780sq ft. The current house is 2446 Sq ft.

Last Agent to Sell the Property

Zinn Family Realtors

Coldwell Banker Realty Brokerage Phone: 612-251-7777 Listed on: 06/19/2025

Coldwell Banker Realty

Co-Listed By

Max Zinn

Coldwell Banker Realty Brokerage Phone: 612-251-7777

Coldwell Banker Realty

Last Buyer's Agent

Max Zinn

Coldwell Banker Realty Brokerage Phone: 612-251-7777

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,778

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • 90 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cedar

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2611723440053

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,778

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1891
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-251-7777
  • Attribution Contact: 612-251-7777
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Partially Finished, Walkout
  • Appliances: Chandelier, Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Decorative, Family Room, Wood Burning
  • Living Area: 1921
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 30
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Informal Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, City Lights, Panoramic, West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 90

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 16117.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2611723440053
  • Tax Annual Amount: 18778
  • TaxWithAssessments: 18778.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Sep 18, 2025
Sold by
Beal Gayle and Beal John
Bought by
Hochbaum George J and Hochbaum Kristine E
Seller's Agent
Zinn Family Realtors
Coldwell Banker Realty
Buyer's Agent
Max Zinn
Coldwell Banker Realty
List Price
$2,500,000
Sold Price
$2,150,000
Premium/Discount to List
-$350,000
-14%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.05%
Source: Public Records

Range of Values:

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List Price
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 Type Sale Price Title Company
Warranty Deed $2,150,000 Burnet Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold $2,150,000 -14.0% $1,119 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $2,500,000 -- $1,301 / 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 $18,778 $1,567,100 $1,547,100 $20,000
2023 $18,200 $1,626,700 $1,606,700 $20,000
2022 $14,588 $1,559,000 $1,539,000 $20,000
2021 $14,877 $1,168,000 $1,148,000 $20,000
2020 $14,200 $1,168,000 $1,148,000 $20,000
2019 $13,106 $1,067,000 $1,047,000 $20,000
2018 $13,175 $970,000 $950,000 $20,000
2017 $12,255 $894,000 $874,000 $20,000
2016 $10,822 $777,000 $727,000 $50,000
2015 $11,548 $828,000 $778,000 $50,000
2014 -- $760,000 $710,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6736726

NorthstarMLS

APN: 26-117-23-44-0053