25640 Wild Rose Lane, Excelsior, MN 55331 (MLS# 7127386)

25640 Wild Rose Lane, Excelsior, MN 55331

New Listing

$685,000

Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 3,978 Lot Size (sq. ft.): 20,038 Status: Active

Current Price: $685,000 List Date: 8/16/2026 Last Modified: 8/17/2026

Overview

Description

Rare Shorewood duplex offering an exceptional opportunity for both owner-occupants and investors. This property features two separate living spaces, strong rental income potential, and a highly desirable location in one of Lake Minnetonka’s most sought-after communities. Live in One. Rent the Other...Own your home in Shorewood while offsetting your housing costs. Owner occupants also can appreciate the privacy and separation from the rental unit and a private wooded setting. The larger east-side unit features three spacious upper-level bedrooms, plus a fourth egress bedroom or flexible living space in the lower level. The west-side unit offers two upper-level bedrooms, along with a third egress bedroom in the lower level. Both units have been thoughtfully updated with modern kitchens and baths, featuring fine finishes and custom cabinetry throughout. Both units have separate utility meters, plus the ever reliable electric baseboard heat in very comfortable. additional features are la ... (Read more) Rare Shorewood duplex offering an exceptional opportunity for both owner-occupants and investors. This property features two separate living spaces, strong rental income potential, and a highly desirable location in one of Lake Minnetonka’s most sought-after communities. Live in One. Rent the Other...Own your home in Shorewood while offsetting your housing costs. Owner occupants also can appreciate the privacy and separation from the rental unit and a private wooded setting. The larger east-side unit features three spacious upper-level bedrooms, plus a fourth egress bedroom or flexible living space in the lower level. The west-side unit offers two upper-level bedrooms, along with a third egress bedroom in the lower level. Both units have been thoughtfully updated with modern kitchens and baths, featuring fine finishes and custom cabinetry throughout. Both units have separate utility meters, plus the ever reliable electric baseboard heat in very comfortable. additional features are large garages, fenced yards and abundant storage plus room to expand in the basements. With well over $100,000 in recent improvements, including a new driveway, windows, interior and exterior paint, plumbing and fixtures, insulation, tree maintenance, appliances, A/C units, and gutters. These thoughtful updates provide peace of mind and are designed to offer years of comfortable ownership with reduced maintenance and fewer major capital expenses. The surrounding area is experiencing significant redevelopment and investment, further enhancing the property's long-term value and appeal. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or capitalize on future growth, this is a rare opportunity in a thriving market. With this move-in ready residence, owner occupants will appreciate the privacy and separation from the rental unit and a private wooded setting. Investors will appreciate the strong demand for housing within the highly sought-after Minnetonka School District, along with this property’s nearly walkable location to Minnewashta Elementary. The combination of an excellent school district, convenient location, and strong rental demand makes this an attractive opportunity for investors seeking long-term value and reliable tenant appeal.

Listing Details MLS# 7127386

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1963
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1326
Above Ground SqFt: 2652
Below Grd Total SqFt: 1326
Total SqFt: 3978
Foundation Size: 1326
Style: (MF) Duplex Side X Side
Total Finished Sqft: 3316.00
Power Company: Xcel Energy
Garage Stalls: 4
Lot Dimensions: 134x149
Acres: 0.46
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Concrete Block; Drain Tiled; Egress Windows; Full; Partially Finished; Sump Pump Construction Materials: Block; Frame Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Vinyl Fencing: Chain Link Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Baseboard Internet Options: Cable; Fiber Optic Laundry: Electric Dryer Hookup; In Basement; In Unit; Lower Level; Washer Hookup Lock Box Type: Supra Lot Description: Corner Lot; Tree Coverage - Light Owner Pays: Exterior Maintenance; Insurance; Maintenance/Repair; Other Tax; Sewer; Taxes Parking Characteristics: Multiple Garages; Garage Door Opener Road Frontage: City Street Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities; Cable TV; Electricity; Fuel; Gas; Grounds Care; Heat; Lawn; Sewer; Snow Removal; Telephone; Trash Collection; Water Topography: Wooded Unit 1 Amenities: Cable; Ceiling Fan(s); Hardwood Floors; Kitchen Window; Natural Woodwork; Other; Patio; Washer/Dryer Hookup Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Disposal; Microwave; Other; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor 1/2 Bath; Separate Tub & Shower; Upper Level Full Bath; Walk-In Shower Stall Unit 1 Cooling: Wall Unit 1 Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room Unit 1 Family Room Characteristics: Lower Level Unit 1 Special Search: Rehabbed; 3 BR on One Level Unit 2 Appliances: Microwave; Other; Range; Refrigerator; Washer Unit 2 Cooling: Wall Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 685000
ListPrice: 685000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 25640
Street Name: Wild Rose
Street Suffix: Lane
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Shorewood Acres 1st Add

Assessments

Tax With Assessments: 6711
Assessment Balance: 0

Basement

Foundation Dimensions: 44x30
Concrete Block: Yes
Drain Tiled: Yes
Egress Windows: Yes
Full: Yes
Partially Finished: Yes
Sump Pump: Yes

More Information

Building Information

Finished SqFt Above Ground: 2652
Finished SqFt Below Ground: 664

Income and Expenses

Annual Gross Expenses: 12111
Annual Gross Income: 59400
Annual Insurance Expense: 3700
Annual Maintenance Expense: 1200
Annual Net Income: 47289
Annual Trash Expense: 360
Annual Water/Sewer Expense: 1440
Total Annual Expenses: 12111
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Repair Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 22x26.5
Garage Square Feet: 1074
Multiple Garages: Yes
Garage Door Opener: Yes

Public Survey Info

Range#: 23
Section#: 32
Township#: 117

Unit 1

Furnished?: No
Lease Expiration Date: 2029-01-01
Leased?: Yes
Level: Multi-Level
Unit Number: Yes
1/2 Baths: Yes
Annual Rent: 32400
Finished SqFt: 1760
Full Baths: Yes
Monthly Rent: 2700
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 11

Unit 2

Furnished?: No
Leased?: No
Level: Multi-Level
Unit Number: 2
1/2 Baths: Yes
Annual Rent: 27000
Finished SqFt: 1508
Full Baths: Yes
Monthly Rent: 2250
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 9

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 008 BLOCK 002 SHOREWOOD ACRES 1ST ADDN
Listing City: Shorewood
Map Page: 117
Municipality: Shorewood
School District: Minnetonka
School District Phone: 952-401-5000
Zip Plus 4: 7927
Property ID Number: 3211723110021
Tax Year: 2026
Tax Amount: 6711
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare Shorewood duplex offering an exceptional opportunity for both owner-occupants and investors. This property features two separate living spaces, strong rental income potential, and a highly desirable location in one of Lake Minnetonka’s most sought-after communities. Live in One. Rent the Other...Own your home in Shorewood while offsetting your housing costs. Owner occupants also can appreciate the privacy and separation from the rental unit and a private wooded setting. The larger east-side unit features three spacious upper-level bedrooms, plus a fourth egress bedroom or flexible living space in the lower level. The west-side unit offers two upper-level bedrooms, along with a third egress bedroom in the lower level. Both units have been thoughtfully updated with modern kitchens and baths, featuring fine finishes and custom cabinetry throughout. Both units have separate utility meters, plus the ever reliable electric baseboard heat in very comfortable. additional features are large garages, fenced yards and abundant storage plus room to expand in the basements. With well over $100,000 in recent improvements, including a new driveway, windows, interior and exterior paint, plumbing and fixtures, insulation, tree maintenance, appliances, A/C units, and gutters. These thoughtful updates provide peace of mind and are designed to offer years of comfortable ownership with reduced maintenance and fewer major capital expenses. The surrounding area is experiencing significant redevelopment and investment, further enhancing the property's long-term value and appeal. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or capitalize on future growth, this is a rare opportunity in a thriving market. With this move-in ready residence, owner occupants will appreciate the privacy and separation from the rental unit and a private wooded setting. Investors will appreciate the strong demand for housing within the highly sought-after Minnetonka School District, along with this property’s nearly walkable location to Minnewashta Elementary. The combination of an excellent school district, convenient location, and strong rental demand makes this an attractive opportunity for investors seeking long-term value and reliable tenant appeal.
Directions: Smithtown Rd to Eureka, N to Wild Rose, west to home.

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Block: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Vinyl: Yes

Fencing

Chain Link: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Baseboard: Yes

Internet Options

Cable: Yes
Fiber Optic: Yes

Laundry

Electric Dryer Hookup: Yes
In Basement: Yes
In Unit: Yes
Lower Level: Yes
Washer Hookup: Yes

Lock Box Type

Supra: Yes

Lot Description

Corner Lot: Yes
Tree Coverage - Light: Yes

Owner Pays

Exterior Maintenance: Yes
Insurance: Yes
Maintenance/Repair: Yes
Other Tax: Yes
Sewer: Yes
Taxes: Yes

Patio, Porch and Deck Features

Front Porch: Yes
Patio: Yes

Road Frontage

City Street: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Topography

Wooded: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

All Utilities: Yes
Cable TV: Yes
Electricity: Yes
Fuel: Yes
Gas: Yes
Grounds Care: Yes
Heat: Yes
Lawn: Yes
Sewer: Yes
Snow Removal: Yes
Telephone: Yes
Trash Collection: Yes
Water: Yes

Unit 1 Amenities

Cable: Yes
Ceiling Fan(s): Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Other: Yes
Patio: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Other: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor 1/2 Bath: Yes
Separate Tub & Shower: Yes
Upper Level Full Bath: Yes
Walk-In Shower Stall: Yes

Unit 1 Cooling

Wall: Yes

Unit 1 Dining Room Description

Breakfast Area: Yes
Eat In Kitchen: Yes
Informal Dining Room: Yes
Kitchen/Dining Room: Yes

Unit 1 Family Room Characteristics

Lower Level: Yes

Unit 1 Special Search

Rehabbed: Yes
3 BR on One Level: Yes

Unit 2 Appliances

Microwave: Yes
Other: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Cooling

Wall: Yes

Listing Office: Edina Realty, Inc.

Last Updated: August - 17 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

25640 Wild Rose Lane, Excelsior, MN 55331 (MLS# 7127386)