4115 Lotus Dr, Excelsior, MN 55331
FOR SALE
2.5 ACRES

4115 Lotus Dr
Excelsior, MN 55331

  • 4 Beds
  • 3.5 Baths
  • 5,628 sqft (on 2.50 acres)

$2,995,000

Est. Mortgage $17,779/mo*

$2,995,000

Est. Mortgage $17,779/mo*
4 Beds
3.5 Baths
5,628 sqft
(on 2.50 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Nestled on the southwestern side of Halsted Bay on Lake Minnetonka, 4115 Lotus Drive is a beautifully updated English cottage. Set on about 2.5 acres of dense woods and sweeping lakeside lawn, this home offers a serene retreat with stunning views. Upon entering, you're greeted by exquisite wood beam ceilings and oversized windows that flood the home with natural light. The chef's delight kitchen, with deck access, is perfect for everyday living. The main floor boasts a luxurious primary bedroom suite complete with a dual vanity, separate tub and shower, and a walk-in closet with organization features. The walk-out lower level, an entertainer's dream, includes an additional bedroom, a mini kitchen with a microwave and fridge, and ample space for a pool table or entertaining space. Unique features like a hidden room in the bathroom add charm, creating a delightful play area. The upper level houses two more bedrooms, ideal for family or guests. Appreciate the beautiful gardens and lake life with 2 electronic boat and jet ski lifts. Recent updates enhance the home's appeal, ensuring a seamless blend of style and comfort in this captivating lakeside haven. Enjoy the tranquility and luxury of lake life in this charming English cottage on Lake Minnetonka.

Home Highlights

Parking
2 Car Garage
Outdoor
Porch, Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$532
Listed
39 days ago

Home Details for 4115 Lotus Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Finished,Full,Storage Space,Walk-Out AccessNumber of Rooms: 13Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Bar Wet Bar Room, Deck, Dining Room, Kitchen, Library, Living Room, Recreation Room, Sun Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 5628 Square FeetFoundation Area: 2222
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: Laundry Room,Main Level,SinkMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Family Room, Living Room, Stone, Wood BurningHas a Fireplace
Gas & Electric
Gas: Propane
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
Has a ViewView: Bay, Lake

Exterior Features

Exterior Home Features
Roof: Age Over 8 YearsPatio / Porch: Deck, Front Porch, PatioOther Structures: Storage ShedNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (27x22), Garage Door Height (7), Garage Door Width (18)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Asphalt,Garage Door Opener
Pool
Pool: None
Frontage
WaterfrontWaterfront: Dock, Lake Front, Lake View, Lake Bottom(Sand, Weeds)On Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Farm & Range
Frontage Length: Water Frontage: 185
Finished Area
Finished Area (above surface): 3090 Square FeetFinished Area (below surface): 1720 Square Feet

Days on Market

Days on Market: 39

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3411724110026

Price & Status

Price
List Price: $2,995,000Price Per Sqft: $532

Location

Direction & Address
City: Minnetrista
School Information
High School District: Westonka

Agent Information

Listing Agent
Listing ID: 6770423

Building

Building Area
Building Area: 5628 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 2.5 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6770423Water ViewWater View: Bay, LakeAbove Grade Unfinished Area: 3090Activation Date: Tue Apr 07 2026
Last check for updates: about 8 hours ago
Listing courtesy of Elizabeth C Ulrich, (612) 964-7184
Compass
Chelsey Danielson, (612) 327-1193
Source: NorthstarMLS as distributed by MLS GRID, MLS#6770423

Price History for 4115 Lotus Dr

DatePriceEventSource
04/07/2026$2,995,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6770423
05/31/2011$1,683,425Sold
Lake Superior Area Realtors as distributed by MLS GRID #1592132
04/14/2011$1,895,000Listed For SaleAgent Provided
12/09/2010$2,249,000ListingRemovedAgent Provided
02/14/2010$2,249,000PriceChange
Agent Provided
07/27/2009$2,495,000Listed For SaleAgent Provided
02/27/2006$1,085,000Sold
N/A
11/12/2005$1,085,000Sold
N/A
11/19/2001$700,000Sold
N/A
12/16/1997$653,500Sold
N/A

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Property Tax and Assessment

Year2025
Tax$29,565
Assessment$2,659,400
Home facts updated by county records

Comparable Sales for 4115 Lotus Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Single-Family Home
$2,000,000
01/08/26
4
3.5
5,755
0.06
Single-Family Home
$1,040,000
08/08/25
3
2.5
2,820
0.23
Single-Family Home
$1,499,990
04/23/26
5
4.5
4,623
0.20
Single-Family Home
$3,135,000
06/16/25
5
6
6,202
0.27
Single-Family Home
$900,000
03/16/26
5
3.5
5,597
0.43
Single-Family Home
$3,800,000
09/05/25
4
3.5
4,965
0.65
Single-Family Home
$2,025,000
10/24/25
6
5.5
7,605
0.15
Single-Family Home
$757,500
06/23/25
3
3
3,137
0.44
Single-Family Home
$1,641,969
07/17/25
5
5.5
6,259

Assigned Schools

These are the assigned schools for 4115 Lotus Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Minnetrista

At least 29 Trulia users voted on each feature.
  • 98 % Say people would walk alone at night

  • 95 % Say yards are well-kept

  • 94 % Say car is needed

  • 94 % Say parking is easy

  • 90 % Say there's wildlife

  • 86 % Say it's dog friendly

  • 84 % Say it's quiet

  • 84 % Say there's holiday spirit

  • 76 % Say neighbors are friendly

  • 74 % Say kids play outside

  • 69 % Say there are community events

  • 53 % Say streets are well-lit

  • 50 % Say they plan to stay for at least 5 years

  • 45 % Say there are sidewalks

  • 24 % Say it's walkable to restaurants

  • 16 % Say it's walkable to grocery stores

Learn more about our methodology.
  • Linda.wilkinson
    "There are great paths for walking. Very dog friendly. Dogs have to be leashed and owners need to clean up. "
  • Jenny M.
    "Trails, lake nearby, swimming pool, safe, lots of families around, Minnetonka school district, kayaking "
  • Randy
    "Very spread out homes and not much car traffic. Many homeowners have pets and are out walking them all the time."
  • Randy
    "Very private, and lakeside. Very friendly and active community. Small association but tennis and basketball courts. Docks for all homes in the neighborhood "

LGBTQ Local Legal Protections

Elizabeth C Ulrich, Compass
Agent Phone: (612) 964-7184
Based on information submitted to the MLS GRID as of 2026-05-09 04:43:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
4115 Lotus Dr, Excelsior, MN 55331 is a 4 bedroom, 4 bathroom, 5,628 sqft single-family home built in 1975. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Mar 31, 2026. The MLS # for this home is MLS# 6770423.