FireplaceBrick, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
ViewLake, Panoramic, Other
MLS #6592306
StatusActive
About 4940 Meadville St
*NEW* Interior & Exterior UPDATES COMPLETE. Private detached GUESTHOUSE that sleeps six! Sunset showings are impressive! Buyer/Buyer's Agent to verify all measurements. Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain and have a blast in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay. Check out the charming nautical-theme guesthouse complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original lakeside boathouse, three separate outdoor patios and expansive flower landscaping. Recent home updates include a 2024 roof, fresh paint, new light fixtures, window enhancements and landscaping. Enjoy a prime location with easy access to the Lake Minnetonka Regional Trail, downtown Excelsior, and Cottagewood neighborhood. Don't hesitate, enjoy living the Lake Minnetonka lifestyle today!276-Minnetonka Schools
Property Details
Property Features
Property Information:
Year Built: 1995
Living Area: 5,963 SqFt
Listing Office:
Office Name: Keller Williams Premier Realty Lake Minnetonka
Interior Features
Interior Information:
Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Trash Compactor, Oven, Washer, Water Softener, Wine Cooler
Basement: Yes
Fireplace: Brick, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
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 this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 9/21/2024, 12:22:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$27.2K
Per Month
Principal & Interest
$27.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.4K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Excelsior Elementary
441 Oak St
Distance between this listing and this school1.15 miles
Public District Grades KG-5
Middle School
9
/10
Minnetonka Middle School West
6421 Hazeltine Blvd
Distance between this listing and this school2.23 miles
Public District Grades 6-8
High School
10
/10
Minnetonka High School
18301 Highway 7
Distance between this listing and this school2.30 miles
Public District Grades 9-12
Assigned Schools
9
/10
Excelsior Elementary
441 Oak St
Distance between this listing and this school1.15 miles
Public District Grades KG-5
Nearby Schools
8
/10
Deephaven Elementary
4452 Vinehill Rd
Distance between this listing and this school1.78 miles
Public District Grades KG-5
8
/10
Clear Springs Elementary
5701 Hwy 101
Distance between this listing and this school2.49 miles
Public District Grades KG-5
Assigned Schools
9
/10
Minnetonka Middle School West
6421 Hazeltine Blvd
Distance between this listing and this school2.23 miles
Public District Grades 6-8
Nearby Schools
9
/10
Minnetonka Middle School East
17000 Lake Street Ext
Distance between this listing and this school3.20 miles
Public District Grades 6-8
8
/10
Wayzata West Middle School
149 Barry Ave N
Distance between this listing and this school4.65 miles
Public District Grades 6-8
Assigned Schools
10
/10
Minnetonka High School
18301 Highway 7
Distance between this listing and this school2.30 miles
Public District Grades 9-12
Nearby Schools
8
/10
Eden Prairie High School
17185 Valley View Rd
Distance between this listing and this school4.31 miles
Public District Grades 9-12
7
/10
Chanhassen High School
2200 Lyman Blvd
Distance between this listing and this school4.99 miles
The neighbors living near this home have an average income of $65,625. Most Hennepin County, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4940 Meadville St
What is the listing price of this property?
The listing price of 4940 Meadville St property is $5,450,000.
What type of property is this?
The property 4940 Meadville St is a house located in Excelsior, Minnesota, 55331.
Is this property for sale now?
Active Listing: 4940 Meadville St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4940 Meadville St are: Excelsior Elementary: GreatSchools Rating 9/10Minnetonka Middle School West: GreatSchools Rating 9/10Minnetonka High School: GreatSchools Rating 10/10
How many bedrooms and bathrooms does this property have?
The property at 4940 Meadville St has 4 bedrooms and 3 full and 2 half bathrooms.
What is the square footage of this property?
The property 4940 Meadville St is 5,963 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4940 Meadville St is 1995.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4940 Meadville St in Excelsior, MN and zip code 55331 in the Lower Lake South neighborhood. This 5,963 square foot home was built in 1995. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $5,450,000.
In August 2024 more than 492 listings in Hennepin County, MN were sold above the asking price. During the same period more than 308 listings were sold at asking price, while more than 575 were sold below. The number of listings in Hennepin County, MN increased by 4.1% between July 2024 and August 2024. Listings spent 29 days on the market in August 2024, and had a median list price of $379,407 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Symphony or Opera
Symphony or Opera
Continuing Education Courses
Hiking/backpacking
Chico's
Express/Express For Men
Nordstrom Rack
Boston Market
Qdoba
Chipotle
Volvo
Volkswagen
Mazda
Talk/Personality
Urban Contemporary
Rock