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20565 Linden Rd, Excelsior, MN, 55331

5beds
5baths
6,500sqft
$3,200,000
$492price/sqft
$21,175/moest. monthly cost
$847,000/yrincome needed

About This Home

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 $2,800,000. 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.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

8/10
8/10
10/10

Construction

Condition

  • Year built: 2026

Other

  • Builder name: LUCID BUILDERS

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Number of fireplaces: 3
  • Fireplace: Yes
  • Finished area below ground: 1,500
  • Finished area above ground: 4,500

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,500
  • Total interior livable area: 6,500 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2411723330058
  • Zoning description: Residential-Single Family
  • Foundation area: 2000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.56 Acres
  • Lot size dimensions: 78 x 258 x 120 x 250

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Heat Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,180$194,160
Home Insurance *$1,373$16,476
Property Taxes $3,074$36,888
Electricity $548$6,578
Total$21,175$254,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$726,000/yr
40% on housing$635,250/yr
45% on housing$564,666/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$492This listing

vs Other Active Listings

Avg $/sqft

ZIP 55331$416
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55331$286
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-03Listed for sale$3,200,000
2025-07-08Listing removed$4,000
2025-07-03Listed for rent$4,000
2024-10-12Listing removed$4,000
2024-09-08Listed for rent$4,000
2023-08-25Listing removed--
2023-08-16Listed for rent$4,000
2022-10-29Listing removed--
2022-06-03Listed for sale$3,456,000
2022-05-16Listing removed--
2022-05-08Listed for rent$4,000
2022-05-06Sold$1,305,000
2022-04-14Pending sale$1,275,000
2022-04-07Listed for sale$1,275,000
1993-05-01Sold$200,000

For Sale by Agent

AgentMolly Cardinal
BrokerageCompass

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