See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5960 Grant St, Shorewood, MN, 55331

3beds
2baths
1,546sqft
$519,999
$336price/sqft
$3,564/moest. monthly cost
$142,560/yrincome needed

About This Home

Excelsior Opportunity – Location, Lifestyle & Potential! Don't miss this charming 3-bedroom, 2-bath home just a short walk from Downtown Excelsior and located in the highly acclaimed Minnetonka School District. This property offers comfortable living with two bedrooms and two full bathrooms on the main level, making it ideal for a variety of lifestyles. 0.46-acre lot with outstanding future potential. Oversized, insulated, and heated 3-car garage with high ceilings.Plenty of space for vehicles, recreational equipment, storage, or a workshop Enjoy the convenience of walking to Excelsior's vibrant downtown, featuring restaurants, breweries, boutiques, theaters, parks, trails, and beautiful Lake Minnetonka amenities. Whether you're looking for a place to call home, an investment property, or a lot to build your dream home in one of the area's most desirable locations, this property presents a unique opportunity. A rare chance to own an affordable property surrounded by higher-priced homes, offering both lifestyle appeal and long-term value.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

10/10
9/10
10/10

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Block,Sump Pump

Bedroom

  • Level: Main
  • Area: 280
  • Dimensions: 14x20

Bedroom2

  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Bedroom3

  • Level: Upper
  • Area: 238
  • Dimensions: 14x17

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 90
  • Dimensions: 10x9

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,546

Foyer

  • Level: Main
  • Area: 88
  • Dimensions: 8x11

Heating & Cooling

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

Interior Area

  • Total structure area: 1,546
  • Total interior livable area: 1,546 sqft

Kitchen

  • Level: Main
  • Area: 143
  • Dimensions: 11x13

Living Room

  • Level: Main
  • Area: 299
  • Dimensions: 13x23

Office

  • Level: Upper
  • Area: 114
  • Dimensions: 6x19

Other

  • Level: Basement
  • Area: 525
  • Dimensions: 21x25

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3411723310040
  • Zoning description: Residential-Single Family
  • Foundation area: 1140

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 0.46 Acres
  • Lot size dimensions: 130 x 161

Parking

  • Total spaces: 3
  • Parking features: Detached Garage,Heated Garage,Insulated Garage
  • 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
    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 $2,629$31,548
Home Insurance *$223$2,676
Property Taxes $542$6,504
Electricity $170$2,050
Total$3,564$42,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,194/yr
40% on housing$106,920/yr
45% on housing$95,040/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

$336This 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
2026-07-08Listed for sale$519,999
2024-04-15Sold$390,000
2024-03-14Pending sale$399,000
2024-02-26Listed for sale$399,000
2024-02-16Pending sale$399,000
2024-01-23Price change$399,000
2024-01-14Listed for sale$425,000
2017-06-13Sold$325,000
2016-08-23Sold$260,000
2016-07-14Price change$264,900
2016-06-03Listed for sale$275,000

For Sale by Agent

AgentSamantha Golobish
BrokerageBridge Realty, LLC

Similar Homes