$10,000 Closing Credit¹
#6645657, Listing Office: Coldwell Banker Realty
$2,150,000 List price
20695 Spencer Ln Shorewood, MN 55331
$10,000
Closing credit¹
5 beds
3 full, 1 partial
4,888 sqft
$440 / sqft
House
Property details
About 20695 Spencer Ln
Turnkey Charles Cudd-built home situated just outside Cottagewood and within walking distance of Excelsior. Leverage the exceptional location with convenient access to the Lake Minnetonka Regional Trail, nearby Cottagewood General Store, marinas, yacht clubs, and the award-winning Minnetonka School District. Offering a bright and airy interior with walls of windows, enameled millwork, and well-designed spaces for both daily living and entertainment, as well as a flexible floor plan that includes an oversized bonus area above the garage with its own separate entrance, perfect for an apartment, guest suite, or home office. Relax and enjoy the spacious backyard, which offers ample room for recreation and the possibility of adding a future swimming pool.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size4,888 sqft
BasementYes
Year built2006
ParkingAttached Garage
MLS #6693069
Attached garage3 spaces
FireplaceGas
Summary
- MLS Number: 6693069
- MLS Name: NORTHSTAR
- Office Name: Compass
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$2,150,000
20695 Spencer Ln
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 04, 2021 | Home Sold | $1,505,000 |
| Aug 04, 2021 | Home Sold | $1,505,000 |
| Dec 09, 2019 | Home Sold | $1,210,000 |
| Sep 23, 2008 | Home Sold | $1,296,000 |
| Feb 03, 2006 | Home Sold | $293,236 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,589,300 | $20,038 |
| 2022 | $1,450,000 | $18,429 |
| 2021 | $1,186,000 | $16,746 |
| 2020 | $1,100,000 | $15,576 |
History based on county public records data.
Nearby schools
8
Deephaven Elementary
Public District KG-5
0.9 mi
•4452 Vinehill Rd
9
Excelsior Elementary
Public District KG-5
2.0 mi
•441 Oak St
8
Clear Springs Elementary
Public District KG-5
2.0 mi
•5701 County Road 101
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,750. The majority of Shorewood, MN residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
16%
<35k
36%
35k-100k
30%
100k-200k
18%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
5%
Single, with Kids
41%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
8%
18-34 yrs old
48%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Hiking/backpacking
Where do the neighbors shop?
Chico's
Nordstrom
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Cadillac
BMW
Mazda
What do the neighbors listen to?
Classical
Talk/Personality
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 20695 Spencer Ln
This home is located at 20695 Spencer Ln in Shorewood, MN and zip code 55331. This 4,888 square foot home was built in 2006. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $2,150,000.
While more than 0 listings in Shorewood, MN in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of listings in Shorewood, MN increased by 25% between February and March 2025. While the average time on the market in March 2025 was 15 days, the median list price was $700,000.
From Rocket Homes Real Estate and based on county public records data.