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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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5200 Greenwood Cir , Greenwood, MN 55331
$498,000
Est. Payment: $2,572.90/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 9
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80304 - 502001816
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Hatch Brokered by Real
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House Description

TEAR ME DOWN...or Bring Me Back to Life! Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy access to Maynards, Excelsior Commons, Lake Minnetonka, shopping, dining, the library, and all the charm and activities that make Excelsior such a sought-after destination. The home features a private wooded setting, oversized 25x21 garage, expansive deck for entertaining, backyard firepit area, and a functional floor plan with plenty of space to reimagine. The main level includes a primary suite with a private ¾ bath and walk-in closet, while the walkout lower level offers two additional bedrooms, a full bath, and a large amusement room with bar area. Recent improvements include fresh interior paint and new carpeting, but buyers should expect repairs, deferred maintenance, and the need for cosmetic updating throughout. This is not a turnkey property and is being offered as an opportunity for someone with vision to build equity in a neighborhood surrounded by significantly higher-priced homes. The true value lies in the location, privacy, walkability, and potential. Rarely does a property in this setting become available at such an attractive price point. Renovate, refresh, expand, or rebuild—the choice is yours. Pre-listing inspection report available in MLS supplements. Buyers are encouraged to review the report prior to submitting an offer.
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Highlights

Listed by Joel Hentges , 612-237-3271 RE/MAX Advantage Plus , 952-401-8500. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Vacant Land
Lot/Acreage
0.34

County

Hennepin

 School District

Minnetonka

Listing ID

7128168

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:Tree Coverage - Medium,Paved Streets,Public Road
Lot Dimensions:132x104x151x108
Zoning:Residential-Single Family
Principal Interest
$2,573
Taxes
$399

Home Price

$498,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$99,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,572.90

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,572.90 $398.58 $0.00 $2,971.49
Yearly $30,874.82 $4,783.00 $0.00 $35,657.82
Total $926,244.71 $143,490.00 $0.00 $1,069,734.71
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Greenwood, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Hatch Brokered by Real | Real Brokerage LLC | PLACE are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
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Data last updated: 2026-09-06T04:57:07.000Z

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