Lori Gustafson

20565 Linden Road

Excelsior, MN
$ 2,890,000 Beds 5 Baths 3.5 Sq 5,000
Monthly Estimate* How much can I afford?

Build your dream home in the heart of Cottagewood! This 0.56-acre lot offers a picturesque setting and can accommodate a walk-out design. Partner with Lucid Builders, known for their timeless craftsmanship and seamless design-build process. Choose from one of Lucid’s thoughtfully curated plans or create your own custom design from the ground up. Build packages start from $2,600,000 (all in). Enjoy the charm of Cottagewood USA—just blocks from Lake Minnetonka, the Cottagewood General Store, neighborhood parks, and the Lake Minnetonka Regional Trail. Located in the award-winning Minnetonka School District (Deephaven Elementary) and minutes from downtown Excelsior. Come walk the lot and meet the builder to envision your new home in one of Deephaven’s most beloved neighborhoods.

Single Family

  • Price
  • $ 2,890,000
  • City
  • Excelsior
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Deephaven Heights
  • Lot Size
  • 0.56 Acres
  • Zip
  • 55331
  • Sqr Footage
  • 5,000
  • Year Built
  • 2026
  • Taxes
  • $ 6842
  • Style
  • Single Family
  • MLS#
  • 7132435
Listed By: Engel & Volkers Lake Minnetonka
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 5000
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Garage Spaces 3
Year Built 2026
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Deephaven Heights
Full Baths 2
Directions Minnetonka blvd to Cottagewood to Carson rd. Left on Carson to Linden - left on Linden to home.
City Deephaven
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6842
Additional Parcels Y/N No
Builder Name LUCID BUILDERS
Standard Status Active
Lender Owned No
PostalCity Excelsior

Interior Features

Basement Finished,Full,Walkout
Total Fireplaces 2
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3500
Half Baths 1
3/4 Baths 1
Total Bedrooms 5
Below Grade Finished Area 1500
Total Baths 4
Fuel Natural Gas
Garage Square Feet 800

Exterior Features

Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.56
Building Area Total 5000
Lot Dimensions 78 x 258 x 120 x 250
Waterfront Y/N No
Foundation Area 1500

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/25/2026 Listed $2,890,000

Property vs Zip Code Average in 55331

Price
AVG $1.99M
$2.89M
Taxes
AVG $13,744
$6,842
Year Built
AVG 1995
2026
Visits
AVG 197
55
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

20565 Linden Road Excelsior, MN is a Single Family Home for sale at $2890000 with 5000 sqft and a lot size of 0.56 Acres Acre(s). 20565 Linden Road Excelsior has 5 bedrooms, 3 baths and was built in 2026. The property's zip code is 55331 which is in Excelsior, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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