$2,250,000

20895 Spencer Ln Shorewood, MN 55331

$10,000
Closing credit¹
6 beds
3 full, 1 partial
5,376 sqft
$419 / sqft
House

Property details

About 20895 Spencer Ln

Stunning Prairie-Style Retreat with Exceptional Design & Amenities This breathtaking, light-filled prairie-style home is a masterpiece of elegance and functionality, offering 6 spacious bedrooms and 6 luxurious bathrooms. Designed for both comfort and entertaining, the gourmet kitchen is a chef’s dream, featuring top-tier appliances, including a Sub-Zero refrigerator, a Wolf range and two Miele dishwashers, ensuring effortless hosting. The main floor boasts a private office and a convenient guest bedroom, while the seamless open-concept design flows beautifully into the inviting living spaces, a fabulous screened porch with a cozy fireplace, and an expansive outdoor oasis. The upper level features four bedrooms plus laundry. Step outside to enjoy a sparkling pool, a stylish pool house, and an impeccably designed backyard, all perfect for entertaining or unwinding in your private retreat. The primary suite is a true sanctuary, complete with its own fireplace and an incredible spa-like ensuite, offering the ultimate relaxation. The attached, heated three-car garage provides ample storage, a built-in sink, and plenty of space for all your needs. The walk out lower level of this exquisite home offers a wealth of additional living space, including a private bedroom with a bath across the hall—perfect for guests or multigenerational living. Stay active in the dedicated exercise area, and enjoy the convenience of a second kitchen, ideal for entertaining or extended stays. The inviting family room, complete with a cozy fireplace, sets the stage for relaxation, while the expansive storage room ensures you have ample space for organization. Most of the main level of the home and select areas of the lower and the upper level will be painted a nueteral color the week of April 21st.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Humidity Control, Radiant Floor, Zoned
StatusActive
CoolingCentral Air, Zoned
Size5,376 sqft
BasementYes
Year built2006
ParkingAttached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
MLS #6645657
Attached garage3 spaces
FireplaceAmusement Room, Family Room, Gas, Primary Bedroom, Other, Stone, Ventless, Wood Burning

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Humidifier, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Amusement Room, Family Room, Gas, Primary Bedroom, Other, Stone, Ventless, Wood Burning
  • Total Bedroom Count: 6
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
  • Heating: Forced Air, Humidity Control, Radiant Floor, Zoned
  • Cooling: Central Air, Zoned
  • List Price: $2,250,000
  • Price/SqFt: $418
  • Annual Tax Amount: $22,364
  • Tax Year: 2023
  • Lot: Many Trees
  • Directions: Hwy 7 to Vine Hill Rd, North to Cottagewood Rd, veer right then left to Minnetonka Blvd to Spencer Lane.
  • Year Built: 2006
  • Living Area: 5,376 SqFt
  • MLS Number: 6645657
  • MLS Name: NORTHSTAR
  • Office Name: Coldwell Banker Realty

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living room featuring arched walkways, a tray ceiling, a glass covered fireplace, and light wood-style floors

$2,250,000

20895 Spencer Ln

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 01, 2006
Home Sold
$299,000

Tax history

YearAssessmentProperty Tax
2023$1,764,700$22,364
2022$1,598,000$20,415
2021$1,354,000$19,288
2020$1,277,000$18,276

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

1.9 mi

441 Oak St

8

Clear Springs Elementary

Public District KG-5

2.1 mi

5701 County Road 101

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,750. Most Shorewood, MN residents have annual incomes between $35k-100k. The most common type of family 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/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • NordstromNordstrom
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • ChipotleChipotle

What do the neighbors drive?

  • CadillacCadillac
  • BMWBMW
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • Talk/PersonalityTalk/Personality
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 20895 Spencer Ln

The listing price of 20895 Spencer Ln property is $2,250,000.

The property 20895 Spencer Ln is a house located in Shorewood, Minnesota, 55331.

Active Listing: 20895 Spencer Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 20895 Spencer Ln are: Deephaven Elementary (GreatSchools Rating 8/10), Excelsior Elementary (GreatSchools Rating 9/10), Clear Springs Elementary (GreatSchools Rating 8/10), Minnetonka Middle School East (GreatSchools Rating 9/10), Minnetonka Middle School West (GreatSchools Rating 9/10), West Middle School (GreatSchools Rating 8/10), Minnetonka High School (GreatSchools Rating 10/10), Eden Prairie High School (GreatSchools Rating 8/10), Hopkins West Junior High (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $22,364 (source: MLS/based on county public records data).

The last sale was on June 1, 2006 for $299,000 (source: MLS/tax record).

The property at 20895 Spencer Ln has 6 bedrooms and 3 full and 1 half bathrooms.

The property 20895 Spencer Ln is 5,376 SqFt (source: MLS/tax record).

The year of construction for 20895 Spencer Ln is 2006.

This home is located at 20895 Spencer Ln in Shorewood, MN and zip code 55331. This 5,376 square foot home was built in 2006. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $2,250,000.

Over 5 listings were sold over their listed price in April 2025 in Shorewood, MN. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price. In April 2025 in Shorewood, MN there were 26.5% more homes for sale than in March. The median list price of listings available in April 2025 was $738,975, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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