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$6,900,000

5150 Meadville St Greenwood, MN 55331

4 beds
2 full, 1 partial
3,616 sqft
$1,908 / sqft
House

Property details

About 5150 Meadville St

Welcome to a rare and extraordinary opportunity to experience the ultimate Lake Minnetonka lifestyle! Perfectly situated on a prime peninsula, this property offers spectacular panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake — a front-row seat to some of the lake's most breathtaking scenery. With 240 feet of pristine shoreline, two private docks, and additional slips, this property is ideal for boating enthusiasts who want immediate access to open water and endless lake adventures. Spend your days paddleboarding, water skiing, or cruising to one of the many lakeside dining destinations — all just moments from your own backyard. As evening falls, gather with family and friends to enjoy unmatched sunset views and front-row seats to Excelsior’s 4th of July fireworks, right from your deck or patio. Enjoy the home as-is, with its charming lake cabin feel, or envision and build your dream estate to fully capitalize on this one-of-a-kind setting. The existing home offers a flexible and inviting floor plan, with a main-level bedroom and full bath, open-concept living and family rooms featuring rich wood floors, beamed ceilings, and a cozy stone woodburning fireplace — all designed to frame and celebrate the sweeping lake views. Upstairs, the primary suite provides a private retreat complete with a full ensuite bath, along with two additional bedrooms an additional ¾ bath and a convenient laundry room. Step outside to multiple outdoor living spaces, including a deck and patio perfect for summer barbecues, morning coffee with lake breezes, or simply relaxing and taking in the peaceful surroundings. The property also offers convenient access to local trails and is an easy walk or bike ride into the heart of downtown Excelsior, where charming shops, award-winning restaurants, and vibrant community events await.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,616 sqft
BasementYes
Year built1918
ParkingAttached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage
MLS #6688877
Attached garage2 spaces
WaterfrontDock, Lake Front, Lake
FireplaceFamily Room, Stone, Wood Burning
ViewBay, Lake, Other, Panoramic

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer
  • Basement: Yes
  • Fireplace: Family Room, Stone, Wood Burning
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage
  • Waterfront: Dock, Lake Front, Lake
  • View: Bay, Lake, Other, Panoramic
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $6,900,000
  • Price/SqFt: $1,908
  • HOA Amount: $0
  • Annual Tax Amount: $28,995
  • Tax Year: 2023
  • Lot: Accessible Shoreline, Island/Peninsula, Many Trees
  • Directions: Minnetonka Blvd to Meadville to home.
  • Year Built: 1918
  • Living Area: 3,616 SqFt
  • MLS Number: 6688877
  • MLS Name: NORTHSTAR
  • Office Name: Coldwell Banker Realty

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Price information

Property sales

DateEventPrice
Nov 24, 1999
Home Sold
$895,000

Tax history

YearAssessmentProperty Tax
2023$2,547,000$28,995
2022$2,349,000$27,111
2021$1,755,000$22,283
2020$1,701,000$21,934
2019$1,768,000$23,983
2018$1,661,000$22,972
2017$1,528,000$21,179

History based on county public records data.

Nearby schools

9

Excelsior Elementary

Public District KG-5

0.9 mi

441 Oak St

8

Deephaven Elementary

Public District KG-5

2.0 mi

4452 Vinehill Rd

8

Clear Springs Elementary

Public District KG-5

2.6 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 $65,625. The most common annual income of people living in Greenwood, MN is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

27%
<35k
41%
35k-100k
18%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
8%
Single, with Kids
24%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • QdobaQdoba
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5150 Meadville St

The listing price of 5150 Meadville St property is $6,900,000.

The property 5150 Meadville St is a house located in Greenwood, Minnesota, 55331.

Active Listing: 5150 Meadville St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5150 Meadville St are: Excelsior Elementary (GreatSchools Rating 9/10), Deephaven Elementary (GreatSchools Rating 8/10), Clear Springs Elementary (GreatSchools Rating 8/10), Minnetonka Middle School West (GreatSchools Rating 9/10), Minnetonka Middle School East (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), Chanhassen High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $28,995 (source: MLS/based on county public records data).

The last sale was on November 24, 1999 for $895,000 (source: MLS/tax record).

The property at 5150 Meadville St has 4 bedrooms and 2 full and 1 half bathrooms.

The property 5150 Meadville St is 3,616 SqFt (source: MLS/tax record).

The year of construction for 5150 Meadville St is 1918.

This home is located at 5150 Meadville St in Greenwood, MN and zip code 55331 in the Lower Lake South neighborhood. This 3,616 square foot home was built in 1918. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $6,900,000.

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

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