5580 Maple Heights Rd Excelsior, MN 55331
4
Beds
5
Baths
4,744
Sq Ft
0.55
Acres
Highlights
- Lake Front
- Beach Access
- Family Room with Fireplace
- Excelsior Elementary School Rated A
- Deck
- No HOA
About This Home
As of July 2025Welcome to your lakeside paradise, perfectly nestled on the tranquil shores of Lake Minnetonka’s coveted St. Albans Bay. This stunning property boasts 84 feet of pristine lakeshore, enhanced by a meticulously crafted riprap shoreline, offering both natural beauty and lasting durability. Imagine enjoying the serene, crystal-clear waters from your backyard, with an easy-access, flat lot that seamlessly connects your home to the lake—providing an unparalleled outdoor living experience.
Step inside to discover an open-concept layout that exudes both luxury and comfort. The dramatic two-story living room is flooded with natural light, offering breathtaking views of the water.
The high-end kitchen is a true showpiece where sleek sophistication meets warmth. Designed to impress, it features gleaming quartz and granite countertops across expansive islands—ideal for gathering and entertaining. Custom floor-to-ceiling cabinetry in crisp white offers ample storage and is complemented by a professional-grade appliance suite, blending beauty and function effortlessly.
Retreat to the primary suite, your personal oasis, complete with a private balcony and panoramic lake views.
The upper-level bonus room is perfect for additional entertainment, equipped with a wet bar, fireplace, and space for guests or an entertainment area. A fourth upper-level bedroom with an ensuite bathroom can be easily added with a simple wall installation.
Outside, your lakeside haven awaits. Whether you're hosting a lively summer barbecue or enjoying a quiet evening with a glass of wine as the sun sets over the water, this outdoor space elevates every moment. Additional highlights include a heated garage, ensuring comfort year-round.
Though this retreat feels like a world away, it’s just steps from the charm of downtown Excelsior, where gourmet dining, boutique shopping, and lively entertainment await. Plus, you'll have access to the Lake Minnetonka Regional Trail, offering endless opportunities for outdoor adventures. This home isn't just a place to live—it's the gateway to an extraordinary lakeside lifestyle.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 02/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,439
Year Built
- Built in 2000
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 84x305x90x277
- Lake Front
- Street terminates at a dead end
- Wood Fence
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Pitched Roof
Interior Spaces
- 4,744 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Game Room with Fireplace
- Lake Views
- Washer
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Beach Access
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Well
- Satellite Dish
Community Details
- No Home Owners Association
- Maple Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 3511723110096
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2025
Closed on
Jul 1, 2025
Sold by
Steven M Grunewald Revocable Trust and Grunewald Steven M
Bought by
Miller Paul D and Miller Elizabeth S
Seller's Agent
Kristi Weinstock
Coldwell Banker Realty
Buyer's Agent
Tony Jewett
Coldwell Banker Realty
List Price
$3,550,000
Sold Price
$3,300,000
Premium/Discount to List
-$250,000
-7.04%
Views
139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.97%
Original Mortgage
$2,640,000
Outstanding Balance
$2,637,789
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$961,114
Purchase Details
Closed on
Aug 7, 2019
Sold by
Grunewald Steven M
Bought by
Grunewald Steven M and Grunewald Revocable T Steven M
Purchase Details
Closed on
Aug 15, 2018
Sold by
Nelson Nancy Ellen and Bendix Mark J
Bought by
Grunewald Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,754,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 24, 2018
Sold by
Nelson Nancy Ellen and Bendix Mark John
Bought by
Nelson Nancy Ellen and Bendix Mark John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,754,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 29, 2005
Sold by
Olson Craig R and Olson Rebecca D
Bought by
Bendix Mark and Bendix Nancy E
Purchase Details
Closed on
Mar 18, 1999
Sold by
Estate Of Gary G Heider
Bought by
Olson Craig R and Olson Rebecca D
Similar Homes in Excelsior, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,300,000 | Burnet Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $2,100,000 | Burnet Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,637,500 | -- | |
| Deed | $236,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,640,000 | New Conventional | |
| Previous Owner | $1,715,000 | New Conventional | |
| Previous Owner | $1,762,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,754,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,350,000 | New Conventional | |
| Previous Owner | $328,300 | Credit Line Revolving | |
| Previous Owner | $282,600 | Credit Line Revolving | |
| Previous Owner | $925,300 | New Conventional | |
| Previous Owner | $935,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | $3,300,000 | -4.3% | $696 / Sq Ft |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 04/12/2025 04/12/25 | Price Changed | $3,450,000 | -2.8% | $727 / Sq Ft |
| 02/12/2025 02/12/25 | For Sale | $3,550,000 | -- | $748 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $33,892 | $2,964,500 | $1,545,200 | $1,419,300 |
| 2022 | $26,762 | $2,825,000 | $1,480,000 | $1,345,000 |
| 2021 | $26,944 | $2,085,000 | $1,101,000 | $984,000 |
| 2020 | $25,639 | $2,062,000 | $1,095,000 | $967,000 |
| 2019 | $21,864 | $1,874,000 | $1,099,000 | $775,000 |
| 2018 | $22,020 | $1,574,000 | $997,000 | $577,000 |
| 2017 | $21,873 | $1,541,000 | $931,000 | $610,000 |
| 2016 | $19,045 | $1,314,000 | $910,000 | $404,000 |
| 2015 | $21,176 | $1,491,000 | $1,010,000 | $481,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kristi Weinstock
Seller's Agent in 2025
Kristi Weinstock
Coldwell Banker Burnet
(612) 309-8332
267 Total Sales
-
Tony Jewett
Buyer's Agent in 2025
Tony Jewett
Coldwell Banker Realty
(612) 963-8851
16 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6619014
APN: 35-117-23-11-0096
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