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4605 Sunset Ln, Excelsior, MN, 55331

5beds
5baths
4,603sqft
$1,099,000
$239price/sqft
$7,597/moest. monthly cost
$303,880/yrincome needed

About This Home

Welcome to this stunning 2022 custom Stonegate/Gonyea Homes masterpiece in the highly sought-after Woodland Cove – The Meadows on Halstead’s Bay. Former the Riley Model Home, this exceptional residence is filled with designer upgrades, impeccable craftsmanship, and luxurious finishes throughout. Perfectly situated on a gorgeous lot, this breathtaking home offers 4,603 square feet of beautifully designed living space featuring soaring ceilings, striking natural wood beams, gleaming White Oak hardwood floors, cozy fireplaces, and walls of windows that flood the home with natural light. The gourmet kitchen is the heart of the home with custom cabinetry, Quartz countertops, premium finishes, and abundant storage, flowing seamlessly into the open-concept living and dining spaces — ideal for entertaining. Enjoy peaceful mornings in the four-season sunroom or unwind on the expansive outdoor deck overlooking the serene setting. The upper level features four spacious bedrooms including a luxurious primary suite with a spa-like bath and oversized walk-in closet, along with an upgraded laundry room and impressive bonus room. The beautifully finished lower level offers a spacious family room, fifth bedroom, and additional bath. Woodland Cove offers incredible community amenities including 2 heated pools, 2 clubhouses, firepit area, pickleball court and access to over 12 miles of scenic trails connected to regional park systems. Conveniently located near lakes, parks, shopping, dining, and award-winning schools, this remarkable home offers the perfect blend of luxury, comfort, and lifestyle. Busing to Minnetonka schools is available in the neighborhood.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

9/10
10/10
Grandview Middle SchoolGrades 5-73.5 mi
9/10

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Age 8 Years or Less,Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Gas Water Heater,Water Filtration System,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: Laundry Room,Upper Level

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Finished

Bedroom

  • Level: Upper

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedroom5

  • Level: Lower

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Upper

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,149
  • Finished area above ground: 3,454

Game Room

  • Level: Lower

Heating & Cooling

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

Interior Area

  • Total structure area: 4,776
  • Total interior livable area: 4,603 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Office

  • Level: Main

Sun Room

  • Level: Main

Utility Room

  • Level: Lower

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3411724410056
  • Zoning description: Residential-Single Family
  • Foundation area: 1322

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Partial

Lot

  • Lot size: 9,147 sqft
  • Features: Irregular Lot
  • Lot size dimensions: 140 x 65 x 135 x 33 x 33

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 $5,557$66,684
Home Insurance *$471$5,652
Property Taxes $1,181$14,172
Electricity $388$4,658
Total$7,597$91,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$260,468/yr
40% on housing$227,910/yr
45% on housing$202,586/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

$239This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-16Pending sale$999,900
2026-08-05Listed for sale$999,900
2026-08-05Listing removed$1,099,000
2026-07-24Price change$1,099,000
2026-07-07Price change$1,149,900
2026-05-29Listed for sale$1,199,900
2025-05-02Sold$975,000
2025-03-18Pending sale$995,000
2025-02-24Listed for sale$995,000
2025-02-17Listing removed$999,900
2025-01-23Listed for sale$999,900
2025-01-21Listing removed$1,049,900
2024-09-06Listed for sale$1,049,900
2024-08-09Sold$1,135,990
2024-02-23Listing removed--
2024-01-12Listed for sale$1,135,000
2022-06-17Sold$1,135,990
2022-05-24Pending sale$1,135,990
2022-04-28Listed for sale$1,135,990

For Sale by Agent

AgentMichael J Pahl
BrokerageCompass

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