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$1,995,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 5,120 Sq. Ft.
  • 3 Car Garage
  • Updated 58 minutes ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Monday 7/27 12:00 PM - 2:00 PM

5140 Greenwood Circle,Greenwood, MN 55331

5140 Greenwood CircleGreenwoodMN55331

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Introducing 5140 Greenwood Circle in Greenwood, Minnesota. Exceptional craftsmanship and timeless renovations define this remarkable lake community residence overlooking the tranquil waters of Saint Albans Bay on Lake Minnetonka. Featuring five bedrooms and three bathrooms, this home showcases soaring vaulted ceilings, striking timber-frame architecture, and thoughtfully designed living spaces that seamlessly blend elegance with comfort. The newly remodeled kitchen is a chef's dream, complete with Thermador appliances, Cambria countertops, and custom cabinetry. Adjacent to the kitchen is the inviting hearth room with gas fireplace, providing the perfect place to unwind, while the sunroom captures panoramic lake views in every season. The luxurious main-level primary bedroom suite serves as a private retreat, offering a spa-inspired bathroom with a new bathtub, heated floors, expansive dressing room, and direct access to the spacious hardwood deck. Accessible from the living room, sunroom, and primary suite, the deck overlooks the sparkling waters of Saint Albans Bay, creating an idyllic setting for sunset gatherings. The newly added screened-in porch is the perfect backyard retreat. Two additional bedrooms complete the main floor. The walkout lower level features a generous family room with a gas fireplace, wet bar, and two additional bedrooms for hosting family and friends. Outside, manicured grounds surround the 0.34-acre lot. Rich in history, the property occupies the former grounds of the historic Greenwood Hotel, with the original stone retaining wall still intact. Perfectly positioned to offer peaceful views while remaining just minutes from the charming shops, restaurants, and amenities of downtown Excelsior, this exceptional property delivers an unparalleled Lake Minnetonka lifestyle. An extensive list of home improvements is available upon request.

Full Property Details for 5140 Greenwood Cir

General

  • Price: $1,995,000
  • Taxes: $19,903 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7113886
  • Updated: Today (7/24/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 3
  • Fireplace(s): Electric, Family Room, Gas, Living Room, Stone
  • Appliances: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Dining Room: Kitchen/Dining Room, Separate Formal Dining Room
  • Formal Dining Room: Kitchen/Dining Room, Separate/Formal Dining Room
  • Laundry: Lower Level, Main Level, Lower Level, Main Level

Additional Information

  • Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Porch, Panoramic View, In-Ground Sprinkler, Sun Room, Tile Floors, Vaulted Ceiling(s), Wet Bar, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 42 x 28
  • Garage Spaces: 3
  • Parking Features: Attached Garage, Tandem Garage

Location

  • County: Hennepin
  • Township: Greenwood
  • Subdivision: Registered Land Surv 1720 Tr
  • Driving Directions: West on Highway 7, North on 101, West on Minnetonka Blvd, to Greenwood Circle

School Information

  • School District: 276 - Minnetonka
  • High School District: Minnetonka

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Private, Well

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Kitchenette, Walk-Out
  • Foundation Size: 3112
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 5,120
  • Above Ground: 2,980 Sq. Ft.
  • Below Ground: 2,224 Sq. Ft.
  • Finished Down/Base.: 5,204 Sq. Ft.
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Dimensions: 93 x 170 x 90 x 155
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage

Water Features

  • Water Front Desc.: Lake View
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $19,903
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: REG. LAND SURVEY NO. 1720 TRACT B
  • Property ID: 2611723420081

Listed by Compass

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— 5140 Greenwood Cir —

  • Compass

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Schools serving 5140 Greenwood Cir

School District:Minnetonka Public School District
NameGradesDistance
Excelsior Elementary School
441 Oak Street, Excelsior, MN 55331
K-51.2 mi
Minnetonka West Middle School
6421 Hazeltine Boulevard, Excelsior, MN 55331
6-82.3 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5140 Greenwood Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/24/2026
Listed
$1,995,000
37.59%
MLS
3/15/2024
Sold
$1,450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5140 Greenwood Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,903
25%
$1,637,500
21%
2025
$15,966
10%
$1,354,400
3%
2023
$14,486
7%
$1,310,100
8%
2023
$13,572
—
$1,213,000
11%
2023
$13,572
9%
$1,089,000
14%
2020
$12,431
11%
$953,000
12%
2019
$11,200
5%
$849,000
5%
2018
$10,654
-1%
$808,000
—
2017
$10,780
12%
$805,000
14%
2016
$9,597
-1%
$707,000
—
2015
$9,673
6%
$707,000
10%
2014
$9,133
—
$643,000
-3%
2013
$9,093
—
$660,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5140 Greenwood Circle, Greenwood, MN 55331 (MLS# 7113886) is a Single Family property with 5 bedrooms and 3 full bathrooms. 5140 Greenwood Circle is currently listed for $1,995,000 and was received on July 24, 2026. Want to learn more about 5140 Greenwood Circle? Do you have questions about finding other Single Family real estate for sale in Greenwood? You can browse all Greenwood real estate or contact a Coldwell Banker agent to request more information.

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