21210 Excelsior BoulevardGreenwood, MN 55331
$2.95 million
5 bedrooms · 5 bathrooms · 3,769 finished sq ft · 0.53 acre lot
About this home
ONLY THE FUN PART LEFT TO DO… Bring your interior design ideas and make this rare Lake Minnetonka opportunity your own. This is an exceptionally well-built, high-quality home that has been carefully maintained and is ready for your personal updates. The boathouse is the showstopper — approximately 38' x 16', with a full foundation and wood-burning fireplace. Positioned to face west, it gives you a front-row seat to incredible sunsets and Fourth of July fireworks. Boathouses like this simply do not come available often, and this one is ready to become the ultimate lakeside entertaining space. The location is hard to beat — sidewalks to downtown Excelsior, one of the most desirable settings on St. Albans Bay, approximately 123 feet of real sandy lakeshore, and plenty of room for boating, swimming and lake activities. Even the everyday conveniences are close, with the gas station just a block away. The home offers approximately 3,700 finished square feet, quality construction, beautiful landscaping and an incredible opportunity to customize the interior to fit your lifestyle. There are so many possibilities here — make it your primary residence, create an exceptional Lake Minnetonka vacation home, or explore repositioning the home closer to the lake and building your dream property. The location, lakeshore and irreplaceable boathouse are already here. Now comes the fun part — making it yours. Enjoy our AI enhanced photos to provide some ideas on the many possibilities.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1925
- Bedrooms
- 5
- Bathrooms
- 5
- Finished sq ft
- 3,769
- Lot
- 0.53 acres
- Garage
- 2 stalls
- Basement
- Walk-Out Access, Finished
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $31,629 a year
- Listed
- September 25, 2026
- MLS number
- 7150317
Listing courtesy of Compass (Matthew C Johnson). MLS #7150317.
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How it compares
21210 Excelsior Boulevard, Greenwood, MN 55331 is a 5-bedroom single-family home built in 1925 on Lake Minnetonka, listed for $2.95 million on September 25, 2026 by Compass. That is in the middle range of the 6 single-family homes for sale in Greenwood right now (median $2.6225 million; $783 per square foot here against $662 for the group). That works out to $783 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Greenwood community guideSchools, commutes, parks, home values and local stories.
- Lake MinnetonkaLake facts from the Minnesota DNR, access and every lakefront home for sale.
- Greenwood housing market, September 2026Homes sold for a median $3,000,000 over 12 months (+39.5%), 56 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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