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24850 Amlee Rd, Shorewood, MN, 55331

3beds
2baths
1,892sqft
$534,900
$283price/sqft
$3,522/moest. monthly cost
$140,880/yrincome needed

About This Home

Welcome to this beautifully reimagined 3-bedroom home, tucked away on a quiet cul-de-sac and backing directly to the scenic Hennepin county LRT Trail. Ideally located just minutes from Manitou Park, Crescent Beach, and the charm of historic Excelsior, this home offers the perfect blend of privacy, recreation, and convenience within the highly sought-after Minnetonka School District/Minnewashta Elementary. Thoughtfully updated throughout, recent improvements include a new roof, driveway, refinished hardwood floors, and a beautifully updated kitchen. The open, vaulted floor plan creates a bright and inviting atmosphere, complemented by a freshly painted interior and two cozy fireplaces. Enjoy outdoor living at its finest with a spacious screened porch and freshly painted deck overlooking the private, fully fenced backyard. The finished walkout lower level adds valuable living space and flexibility for entertaining, relaxing, or working from home. Move-in ready and meticulously maintained, this exceptional property offers the turnkey lifestyle today’s buyers are looking for.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

9/10
9/10
10/10

Construction

Condition

  • Year built: 1961

Materials

  • Roof: Age 8 Years or Less

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator
  • Laundry features: In Basement,Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Egress Window(s),Finished,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 126.35
  • Dimensions: 13.3 x 9.5

Bedroom2

  • Level: Main
  • Area: 142.76
  • Dimensions: 16.6 x 8.6

Bedroom3

  • Level: Lower
  • Area: 139.65
  • Dimensions: 13.3 x 10.5

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Lower
  • Area: 65.412
  • Dimensions: 9.2 x 7.11

Deck

  • Level: Main
  • Area: 207.11
  • Dimensions: 14.9 x 13.9

Dining Room

  • Level: Main
  • Area: 157.716
  • Dimensions: 15.6 x 10.11

Family Room

  • Level: Lower
  • Area: 330
  • Dimensions: 22 x 15

Features

  • Number of fireplaces: 2
  • Fireplace features: Family Room,Gas,Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 800
  • Finished area above ground: 1,092

Heating & Cooling

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

Interior Area

  • Total structure area: 1,892
  • Total interior livable area: 1,892 sqft

Kitchen

  • Level: Main
  • Area: 129.6
  • Dimensions: 14.4 x 9

Living Room

  • Level: Main
  • Area: 290.28
  • Dimensions: 24.6 x 11.8

Screened Porch

  • Level: Main
  • Area: 219.12
  • Dimensions: 13.2 x 16.6

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 3311723210011
  • Zoning description: Residential-Single Family
  • Foundation area: 1092

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Composite Decking,Covered,Deck,Enclosed,Porch,Rear Porch,Screened
  • Fencing: Chain Link,Full

Lot

  • Lot size: 0.51 Acres
  • Features: Near Public Transit,Property Adjoins Public Land,Tree Coverage - Medium
  • Lot size dimensions: 118 x 183

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado
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 $2,704$32,448
Home Insurance *$229$2,748
Property Taxes $419$5,028
Electricity $170$2,050
Total$3,522$42,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,754/yr
40% on housing$105,660/yr
45% on housing$93,920/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

$283This listing

vs Other Active Listings

Avg $/sqft

ZIP 55331$420
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)

Price History

DateEventPrice
2026-07-09Listed for sale$534,900
2026-07-09Listing removed$575,000
2026-06-05Listed for sale$575,000
2024-02-22Sold$390,000
2024-01-18Pending sale$425,000
2024-01-02Price change$425,000
2023-11-28Listed for sale$450,000

For Sale by Agent

AgentPeter A Evans
BrokerageColdwell Banker Realty - Lakes

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