5025 Covington Street, Excelsior, MN 55331

$4,000,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 7,584 Lot Size (sq. ft.): 20,038 Status: Closed
Current Price: $4,000,000 List Date: 5/09/2025 Last Modified: 8/08/2025

Overview

Description

Experience refined coastal style in the heart of demand Greenwood! Designed by Mike Sharratt, this cottage-style home seamlessly blends classic charm with modern amenities. From the moment you step inside, the high-quality craftsmanship and keen attention to detail can be found at every turn. Custom leaded stained glass windows by local artisan Gaytee-Palmer Stained Glass add a touch of artistry, while beautiful wainscoting and box-beamed ceilings elevate the home’s character. The main level showcases an open floor plan centered around a chef’s Kitchen that is as functional as it is beautiful. Equipped with custom cabinetry, Cambria surfaces, professional appliances from Wolf and SubZero, and a Butler’s Pantry equipped with a built-in Miele coffee machine, this is where delicious meals come to life. As you walk into the expansive Great Room, you’ll find soaring timber trusses, and a gas fireplace with a 20-foot, floor-to-ceiling stone surround flanked by glass French doors that open to the patio. A custom walnut entertainment center and wet bar elevate the space, creating a stylish setting for effortless entertaining. Whether you're sipping your morning coffee or gathering with family and friends, the Sun Room is a space designed for connection—where you can slow down and savor the commanding views. Working from home? It has never been so inspiring with park views, rich walnut built-ins, stained glass windows, and box timber beams. Upstairs, you will find the luxurious Primary Suite complete with a gas fireplace surrounded by wall-to-wall built-ins, an expansive walk-in closet with built-in dresser, and a private Deck. The spa-worthy Bathroom features heated marble floors, a spacious dual-head marble tiled shower, and a sculptural Victoria + Albert freestanding tub that invites long, peaceful soaks at the end of the day. Two additional Junior Bedroom suites provide privacy and comfort with en suite bathrooms featuring heated tile floors and spacious walk-in closets. Designed for fun, the fully finished lower level offers a spacious Family Room—perfect for movie nights or board games—plus an adjacent Game Room ready for your game or poker table. A large Guest Bedroom, ¾ Bath, Powder Room, and two finished Storage Rooms complete the space. Everyday living is made effortless with an elevator serving all three levels, along with dual laundry rooms thoughtfully placed on both the main and upper level for ultimate convenience. Outdoors, the living spaces are truly exceptional with a Screen Porch ready for summer days, and a spacious flagstone Patio centered around a woodburning fireplace – setting the stage for unforgettable evenings under the stars. The property is uniquely positioned alongside two available parcels anchored by 4900 Meadville Street, with nearly 200 feet of Lake Minnetonka shoreline sited on .63 acres of tranquil lakeside beauty, and complemented by 4905 Meadville Street, a level .53 acre lot that together create a rare opportunity for a private estate or family compound in one of Minnesota’s most coveted waterfront neighborhoods. Perfectly located across from Greenwood Park, this home is just a short walk to the Village of Excelsior and adjacent to the Lake Minnetonka Regional Trail. Enjoy the unmatched convenience and access to all the best that this Lake Minnetonka neighborhood has to offer.

Listing Details MLS# 6641418

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
Yes
New Development
No
Number of Fireplaces
3
Year Built
2015
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
3
Bath Half
2
Main Floor Total SqFt
2688
Above Grd Total SqFt
4896
Below Grd Total SqFt
2688
Total SqFt
7584
Total Finished Sqft
7378.00
FireplaceYN
Yes
Lake/Waterfront Name
Unnamed Lake
Style
(SF) Single Family
Foundation Size
2688
Power Company
Xcel Energy
Garage Stalls
4
Lot Dimensions
147x150x121x150
Acres
0.46
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Accessible Elevator Installed; Doors 36"+; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; Roll-In Shower Air Conditioning: Central Air Amenities Unit: French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Natural Woodwork; Paneled Doors; Patio; Porch; Primary Bedroom Walk-In Closet; Security System; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Wet Bar Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Iron Filter; Microwave; Refrigerator; Washer; Water Filtration System; Water Osmosis System; Wine Cooler Basement: 8 ft+ Pour; Drain Tiled; Egress Windows; Full; Storage Space; Sump Pump; Tile Shower Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 1/2 Basement; 3/4 Basement; Two Basement Baths; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Electric: 200+ Amp Service Exterior: Brick/Stone; Cedar; Shakes Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Entertainment/Media Center; Family Room; Great Room; Lower Level; Main Level Financing Terms: Cash Fireplace Characteristics: Family Room; Gas Burning; Primary Bedroom; Wood Burning Foundation: 8 ft+ Pour Fuel: Electric; Natural Gas Heating: Forced Air; In-Floor Heating; Zoned Laundry: Laundry Room; Main Level; Sink; Upper Level Lot Description: Tree Coverage - Medium Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Pitched; Wood Shingles Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; VA Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: Private; Well Waterfront View: Lake

Contract Information

Off Market Date
2025-06-03
Contingency
None
Closed Date
2025-08-08
Original List Price
3500000
Sales Close Price
4000000
ListPrice
3500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5025
Street Name
Covington
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331

Additional Parcels Information

Property ID #2
2611723240028

Assessments

Tax With Assessments
31238
Assessment Balance
0

More Information

Building Information

Finished SqFt Above Ground
4896
Finished SqFt Below Ground
2482

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
42x24
Garage Door Height
8
Garage Door Width
18
Garage Square Feet
1008
Finished Garage
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
23
Section#
26
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 153 AUDITOR'S SUBD. NO. 141 THAT PART OF LOT 153 WHICH LIES S OF FOL DESC LINE BEG AT A PT ON W LINE THOF DIST 110 FT S OF NW COR THOF TH SELY TO A PT ON E LINE THOF DIST 198.91 FT S OF NE COR THOF AND SAID LINE THERE ENDING AND WHICH LIES N OF F OL DESC LINE BEG AT A PT ON W LINE THOF DIST 256.41 FT S OF NW COR THOF TH ELY TO A PT ON E LINE THOF DIST 319.66 FT S OF NE COR THOF AND THERE ENDING
Listing City
Excelsior
Map Page
117
Municipality
Excelsior
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
8615
Property ID Number
2611723240032
Tax Year
2025
Tax Amount
31238
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Experience refined coastal style in the heart of demand Greenwood! Designed by Mike Sharratt, this cottage-style home seamlessly blends classic charm with modern amenities. From the moment you step inside, the high-quality craftsmanship and keen attention to detail can be found at every turn. Custom leaded stained glass windows by local artisan Gaytee-Palmer Stained Glass add a touch of artistry, while beautiful wainscoting and box-beamed ceilings elevate the home’s character. The main level showcases an open floor plan centered around a chef’s Kitchen that is as functional as it is beautiful. Equipped with custom cabinetry, Cambria surfaces, professional appliances from Wolf and SubZero, and a Butler’s Pantry equipped with a built-in Miele coffee machine, this is where delicious meals come to life. As you walk into the expansive Great Room, you’ll find soaring timber trusses, and a gas fireplace with a 20-foot, floor-to-ceiling stone surround flanked by glass French doors that open to the patio. A custom walnut entertainment center and wet bar elevate the space, creating a stylish setting for effortless entertaining. Whether you're sipping your morning coffee or gathering with family and friends, the Sun Room is a space designed for connection—where you can slow down and savor the commanding views. Working from home? It has never been so inspiring with park views, rich walnut built-ins, stained glass windows, and box timber beams. Upstairs, you will find the luxurious Primary Suite complete with a gas fireplace surrounded by wall-to-wall built-ins, an expansive walk-in closet with built-in dresser, and a private Deck. The spa-worthy Bathroom features heated marble floors, a spacious dual-head marble tiled shower, and a sculptural Victoria + Albert freestanding tub that invites long, peaceful soaks at the end of the day. Two additional Junior Bedroom suites provide privacy and comfort with en suite bathrooms featuring heated tile floors and spacious walk-in closets. Designed for fun, the fully finished lower level offers a spacious Family Room—perfect for movie nights or board games—plus an adjacent Game Room ready for your game or poker table. A large Guest Bedroom, ¾ Bath, Powder Room, and two finished Storage Rooms complete the space. Everyday living is made effortless with an elevator serving all three levels, along with dual laundry rooms thoughtfully placed on both the main and upper level for ultimate convenience. Outdoors, the living spaces are truly exceptional with a Screen Porch ready for summer days, and a spacious flagstone Patio centered around a woodburning fireplace – setting the stage for unforgettable evenings under the stars. The property is uniquely positioned alongside two available parcels anchored by 4900 Meadville Street, with nearly 200 feet of Lake Minnetonka shoreline sited on .63 acres of tranquil lakeside beauty, and complemented by 4905 Meadville Street, a level .53 acre lot that together create a rare opportunity for a private estate or family compound in one of Minnesota’s most coveted waterfront neighborhoods. Perfectly located across from Greenwood Park, this home is just a short walk to the Village of Excelsior and adjacent to the Lake Minnetonka Regional Trail. Enjoy the unmatched convenience and access to all the best that this Lake Minnetonka neighborhood has to offer.
Directions
Minnetonka Blvd, north to Meadville St, right on Fairview St, left on Covington to home on right.

Accessible

Accessible Elevator Installed
Yes
Doors 36"+
Yes
Grab Bars In Bathroom
Yes
Hallways 42"+
Yes
No Stairs External
Yes
Roll-In Shower
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

French Doors
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Security System
Yes
Sun Room
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Wet Bar
Yes

Appliances

Air-To-Air Exchanger
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Freezer
Yes
Iron Filter
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes
Water Osmosis System
Yes
Wine Cooler
Yes

Basement

8 ft+ Pour
Yes
Drain Tiled
Yes
Egress Windows
Yes
Full
Yes
Storage Space
Yes
Sump Pump
Yes
Tile Shower
Yes

Bath Description

Double Sink
Yes
Main Floor 1/2 Bath
Yes
Upper Level 3/4 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
1/2 Basement
Yes
3/4 Basement
Yes
Two Basement Baths
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes
Walk-In Shower Stall
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Eat In Kitchen
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Electric

200+ Amp Service
Yes

Exterior

Brick/Stone
Yes
Cedar
Yes
Shakes
Yes

Family Room Characteristics

2 or More
Yes
2 Story/High/Vaulted Ceilings
Yes
Entertainment/Media Center
Yes
Family Room
Yes
Great Room
Yes
Lower Level
Yes
Main Level
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes
Primary Bedroom
Yes
Wood Burning
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes
Zoned
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes
Main Level
Yes
Sink
Yes
Upper Level
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes
Front Porch
Yes
Patio
Yes
Porch
Yes
Screened
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Pitched
Yes
Wood Shingles
Yes

Sellers Terms

Adj. Rate/Gr Payment
Yes
Cash
Yes
Conventional
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

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

Stories

Two
Yes

Water

Private
Yes
Well
Yes

Waterfront View

Lake
Yes

Room Information

Family Room Dimensions: 31x23 Level: Lower Screened Porch Dimensions: 15x12 Level: Main Third (3rd) Bedroom Dimensions: 12x12 Level: Upper Fourth (4th) Bedroom Dimensions: 15x14 Level: Lower Laundry Dimensions: 14x8 Level: Upper Game Room Dimensions: 16x10 Level: Lower Office Dimensions: 19x13 Level: Main First (1st) Bedroom Dimensions: 20x16 Level: Upper Second (2nd) Bedroom Dimensions: 16x12 Level: Upper Great Room Dimensions: 24x17 Level: Main Kitchen Dimensions: 16x16 Level: Main Dining Room Dimensions: 16x12 Level: Main
Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 08 - 2025
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