$1,299,970
SOLD MAY 7, 2025

5540 Covington Rd Excelsior, MN 55331

4 Beds
3.5 Baths
3,810 Sq Ft
0.91 Acres

Recently Sold

$341 Per Sq Ft

10 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Heated In Ground Pool
  • Family Room with Fireplace
  • Excelsior Elementary School Rated A+
  • Deck
  • No HOA

About This Home

As of May 2025

Welcome to this spacious Lecy-built walk-out rambler, perfectly situated on just under an acre of serene, wooded privacy—with a walking easement to the sparkling shores of Christmas Lake. This home offers not just a place to live, but a lifestyle centered around nature, comfort, and refined living.
Step inside to a freshly painted interior that’s been impeccably maintained, with wooded views greeting you from every window—creating a constant connection to the outdoors. The heart of the home is a beautifully remodeled kitchen featuring rich oak floors and granite countertops, offering a warm and inviting space to gather, cook, and entertain.
The open main-level living room centers around a cozy gas fireplace—ideal for crisp evenings—while the primary suite offers a true sanctuary with tray ceilings and a spa-inspired ensuite complete with double sinks and a jetted tub. Enjoy easy, one-level living while having the flexibility to host and entertain with a spacious lower level that includes a second gas fireplace, large family room, three bedrooms, two baths, and even a sauna for the ultimate in-home relaxation.
But the magic extends beyond the walls. Imagine summer days lounging by your own pool with a convenient bathhouse just steps away. Picture morning strolls to Christmas Lake, evenings by the fire, or weekend escapes to nearby downtown Excelsior or Lake Minnetonka—just minutes away. This home blends peaceful seclusion with quick access to charming boutiques, lakeside dining, and vibrant community events.
Whether you're hosting guests, enjoying quiet moments in nature, or taking a quick dip in the pool after work, this home is a true slice of paradise—designed for everyday comfort, elevated living, and effortless enjoyment.

Last Agent to Sell the Property

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 04/12/2025

Coldwell Banker Realty

Last Buyer's Agent

Margaret Trenary

Trenary Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,891

Year Built

  • Built in 1993

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 152 x 229 x 190 x 240
  • Property is Fully Fenced
  • Chain Link Fence
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Guest Parking

Home Design

  • Pitched Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Circulating Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Dining Room
  • Game Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Heated In Ground Pool
  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Vented Exhaust Fan
  • Iron Water Filter
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3611723210012

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,891

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 2044
  • Water Body Name: Christmas
  • Unit Levels: One
  • 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: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Tile Shower, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Circulating, Family Room, Gas
  • Living Area: 3810
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1766
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Great Room, Dining Room, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room

Beds/Baths

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

Exterior Features

  • Roof: Shake, Age 8 Years or Less, Pitched
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Chain Link, Full
  • Other Structures: Pool House
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Deck
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage

Utilities

  • Heating: Forced Air, Humidifier, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Sauna,Security System,Security Lights,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 152 x 229 x 190 x 240
  • Lot Size Sq Ft: 39639.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3611723210012
  • Tax Annual Amount: 13891
  • TaxWithAssessments: 13891.0000

Multi Family

  • WaterfrontFeatures: Deeded Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2025
Closed on
May 5, 2025
Sold by
Robert W Mckenna Md Trust and Mckenna Robert W
Bought by
Ofstehage John and Ofstehage Rebecca W
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Margaret Trenary
Trenary Realty Group
List Price
$1,299,900
Sold Price
$1,299,970
Premium/Discount to List
$70
0.005%
Views
26
Current Estimated Value
$1,352,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,801
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,104,974
Outstanding Balance
$1,100,946
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$251,825

Purchase Details

Closed on
Oct 19, 2021
Sold by
Mckenna Jane K and Mckenna Robert W
Bought by
Mckenna Robert W and Mckenna Jane K

Purchase Details

Closed on
Nov 20, 2012
Sold by
Mckenna Robert W and Mckenna Jane K
Bought by
Mckenna Jane K and Mckenna Robert W

Purchase Details

Closed on
Nov 8, 2007
Sold by
Peterka David L and Peterka Deborah L
Bought by
Mckenna Robert W and Mckenna Jane K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Deed $1,299,970 Watermark Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $940,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,104,974 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 Sold $1,299,970 0.0% $341 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/12/2025 04/12/25 For Sale $1,299,900 -- $341 / 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 $13,921 $1,081,900 $338,000 $743,900
2023 $14,329 $1,158,700 $400,600 $758,100
2022 $11,405 $1,030,000 $295,000 $735,000
2021 $10,910 $833,000 $192,000 $641,000
2020 $10,859 $794,000 $180,000 $614,000
2019 $11,332 $757,000 $156,000 $601,000
2018 $12,783 $782,000 $191,000 $591,000
2017 $11,398 $776,000 $228,000 $548,000
2016 $12,158 $809,000 $296,000 $513,000
2015 $12,018 $797,000 $284,000 $513,000
2014 -- $822,000 $330,000 $492,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6624812

NorthstarMLS

APN: 36-117-23-21-0012