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5570 & 5580 Shorewood Ln, Excelsior, MN, 55331

6beds
4baths
2,510sqft
$619,900
$247price/sqft
$4,179/moest. monthly cost
$167,160/yrincome needed

About This Home

Exceptional investment and lifestyle opportunity in the heart of Shorewood! This outstanding duplex is ideally located just steps from the Lake Minnetonka Regional Trail, offering direct access into downtown Excelsior where you’ll enjoy restaurants, boutique shopping, and vibrant lake life year-round. Walk or bike to nearby Tonka Bay for additional dining favorites including Hazelwood and Joey Nova’s. Whether you’re an investor or owner-occupant, this property offers a rare income-producing opportunity with strong rental potential while enjoying one of Lake Minnetonka’s most desirable communities. Both units have been extensively updated and well maintained. Major exterior improvements completed in 2010 include new columns, shutters, paint, professional landscaping, and a 35-year Timberline roof. Recent 2026 updates bring a fresh, modern feel throughout with new carpet, luxury vinyl plank flooring, full interior paint, updated light switches, painted garage and utility floors, and new appliances. Additional mechanical updates include newer furnaces installed within the past five years, providing added efficiency and peace of mind. Enjoy low-maintenance ownership, thoughtful updates, and an unbeatable location near trails, dining, and the best of Lake Minnetonka living.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

9/10
8/10
10/10

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Side by Side

Interior

Appliances

  • Laundry features: Lower Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Finished area below ground: 670
  • Finished area above ground: 1,560

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,510
  • Total interior livable area: 2,510 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3311723110091
  • Zoning description: Residential-Multi-Family
  • Foundation area: 950

Features

  • Levels: One
  • Pool features: None
  • Patio & porch: Patio
  • Fencing: None

Lot

  • Lot size: 0.46 Acres
  • Features: Irregular Lot,Tree Coverage - Heavy
  • Lot size dimensions: 135 x 329 x 421 x 140

Parking

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