20695 Spencer Lane, Excelsior, MN 55331

$1,950,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,914 Lot Size (sq. ft.): 34,412 Status: Closed
Current Price: $1,950,000 List Date: 4/09/2025 Last Modified: 8/08/2025

Overview

Description

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.

Listing Details MLS# 6693069

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Year Built
2006
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1868
Above Grd Total SqFt
3554
Below Grd Total SqFt
1360
Total SqFt
4914
Total Finished Sqft
4888.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1442
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
113x245x302x166
Acres
0.79
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Exercise Room; French Doors; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork; Patio; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Walk-In Closet; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Egress Windows; Full Bath Description: Steam Shower; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Eat In Kitchen; Informal Dining Room Electric: Circuit Breakers Exterior: Brick/Stone; Cedar; Shakes Family Room Characteristics: Family Room; Lower Level Financing Terms: Cash Fireplace Characteristics: Gas Burning Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room; Upper Level Lock Box Type: Combo Pool Description: None Road Frontage: Private Road Road Responsibility: Private Maintained Road Roof: Asphalt Shingles Second Unit: Existing In-Law w/Bath Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; Primary Bdr Suite Stories: Two Water: Well

Contract Information

Off Market Date
2025-05-02
Contingency
None
Closed Date
2025-07-01
Original List Price
2150000
Sales Close Price
1950000
ListPrice
2150000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
20695
Street Name
Spencer
Street Suffix
Lane
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Alden Wood

Assessments

Tax With Assessments
21372
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3554
Finished SqFt Below Ground
1334

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
25X35
Garage Square Feet
722

Public Survey Info

Range#
23
Section#
25
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 002 BLOCK 001 ALDEN WOOD
Listing City
Shorewood
Map Page
118
Municipality
Shorewood
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
9200
Property ID Number
2511723220068
Tax Year
2025
Tax Amount
21372
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
Hwy 7 West, North to Vine Hill to Minnetonka Blvd, West to Spencer.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Exercise Room
Yes
French Doors
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Sun Room
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Wet Bar
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Egress Windows
Yes
Full
Yes

Bath Description

Steam Shower
Yes
Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Separate Tub & Shower
Yes
Walk-In Shower Stall
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes
Eat In Kitchen
Yes
Informal Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Cedar
Yes
Shakes
Yes

Family Room Characteristics

Family Room
Yes
Lower Level
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Gas Burning
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes
Upper Level
Yes

Lock Box Type

Combo
Yes

Patio, Porch and Deck Features

Patio
Yes
Rear Porch
Yes

Pool Description

None
Yes

Road Frontage

Private Road
Yes

Road Responsibility

Private Maintained Road
Yes

Roof

Asphalt Shingles
Yes

Second Unit

Existing In-Law w/Bath
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
3 BR on One Level
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

Well
Yes

Room Information

Fourth (4th) Bedroom Dimensions: 13X12 Level: Lower Family Room Dimensions: 34X25 Level: Lower Bar/Wet Bar Room Dimensions: 9X5 Level: Lower First (1st) Bedroom Dimensions: 23X18 Level: Upper Second (2nd) Bedroom Dimensions: 15X11 Level: Upper Third (3rd) Bedroom Dimensions: 15X13 Level: Upper Living Room Dimensions: 18X18 Level: Main Dining Room Dimensions: 15X13 Level: Main Kitchen Dimensions: 18X14 Level: Main Office Dimensions: 14X13 Level: Main Bonus Room Dimensions: 17X24 Level: Upper

Documents

Listing Office: Compass
IDX
Last Updated: August - 08 - 2025
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