25640 Wild Rose Lane
Excelsior, MN, 55331 $ 685,000
Bedrooms7 Baths2.2 Sq 3,316 Monthly Estimate*
$ 4,731
for $685,000 with 7 bedrooms and 2 full baths, 2 half baths. This 3,316 square foot home was built in 1963 on a lot size of 0.46.
Rare Shorewood duplex offering an exceptional opportunity for both owner-occupants and investors. This property features two separate living spaces, strong rental income potential, and a highly desirable location in one of Lake Minnetonka’s most sought-after communities. Live in One. Rent the Other...Own your home in Shorewood while offsetting your housing costs. Owner occupants also can appreciate the privacy and separation from the rental unit and a private wooded setting. The larger east-side unit features three spacious upper-level bedrooms, plus a fourth egress bedroom or flexible living space in the lower level. The west-side unit offers two upper-level bedrooms, along with a third egress bedroom in the lower level. Both units have been thoughtfully updated with modern kitchens and baths, featuring fine finishes and custom cabinetry throughout. Both units have separate utility meters, plus the ever reliable electric baseboard heat in very comfortable. additional features are large garages, fenced yards and abundant storage plus room to expand in the basements. With well over $100,000 in recent improvements, including a new driveway, windows, interior and exterior paint, plumbing and fixtures, insulation, tree maintenance, appliances, A/C units, and gutters. These thoughtful updates provide peace of mind and are designed to offer years of comfortable ownership with reduced maintenance and fewer major capital expenses. The surrounding area is experiencing significant redevelopment and investment, further enhancing the property's long-term value and appeal. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or capitalize on future growth, this is a rare opportunity in a thriving market. With this move-in ready residence, owner occupants will appreciate the privacy and separation from the rental unit and a private wooded setting. Investors will appreciate the strong demand for housing within the highly sought-after Minnetonka School District, along with this property’s nearly walkable location to Minnewashta Elementary. The combination of an excellent school district, convenient location, and strong rental demand makes this an attractive opportunity for investors seeking long-term value and reliable tenant appeal.
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FeaturesGeneralLiving Area 3316
Sewer City Sewer/Connected
Heating Baseboard
Garage Spaces 4
Construction Materials Block Frame
Year Built 1963
Electric Circuit Breakers
Tenant Pays All Utilities Cable TV Electricity Fuel Gas Grounds Care Heat Lawn Care Telephone Sewer Snow Removal Trash Collection Water
Topography Wooded
Levels Two
Property Subtype Duplex Side by Side
Tax Year 2026
Gross Income 59400
Accessibility None
County Hennepin
Net Operating Income 47289
Operating Expense 12111
Insurance Expense 3700
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 1200
Subdivision Name Shorewood Acres 1st Add
Directions Smithtown Rd to Eureka N to Wild Rose west to home.
City Shorewood
High School District Minnetonka
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6711
Electric Expense 0
Fuel Expense 0
Trash Expense 360
Water Sewer Expense 1440
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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InteriorBasement Block Drain Tiled Egress Window(s) Full Partially Finished Sump Pump
Basement (Y/N) Y
Above Grade Finished Area 2652
Laundry Features In Basement Electric Dryer Hookup Lower Level In Unit Washer Hookup
Total Bedrooms 7
Below Grade Finished Area 664
Total Baths 4
Foundation Dimensions 44x30
Fuel Electric Natural Gas
Garage Dimensions 22x26.5
Garage Square Feet 1074
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ExteriorFencing Chain Link
Parking Features Detached Garage Asphalt Garage Door Opener Guest Parking Multiple Garages
Lot Features Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.46
Building Area Total 3978
Lot Dimensions 134x149
Waterfront Y/N N
Foundation Area 1326
Road Frontage Type City Street
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* Excluded FeaturesList Bytimberg@edinarealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,731
- Monthly Property Taxes
- $559
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Excelsior, MN
Average List Price $629,950
Percent of Sale Price 8%
About Excelsior, MN 2,273 Population
-5% Since 2002
$ 63,595 Median Income
46.37 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708531 Elementary School
708355 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/16/2026 | $685,000 | | Listed Price |