4508 Lotus Dr, Excelsior, MN 55331
OFF MARKET

$677,800

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,682 sqft

4508 Lotus Dr, Excelsior, MN 55331

Est. Refi. Payment $4,354/mo*
Refinance Your Home
Currently Off Market - Sold Aug 22, 2024 for $639,920

Home Value

Trulia Estimate
$678K
Since last month
Decreased$7K (-1%)
Since last year
Increased$23K (+3.5%)
Since last sale
Increased$37K (+5.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +6% in the last 10 years
MonthEstimated value
2026
August 2026$677K
August 2026$676K
July 2026$684K
June 2026$683K
May 2026$676K
April 2026$667K
March 2026$669K
February 2026$657K
January 2026$648K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$720,000
09/26/25
3
3
3,286
0.06
Single-Family Home
$699,900
11/21/25
4
3
3,171
0.15
Single-Family Home
$578,925
11/03/25
3
3
2,283
0.15
Single-Family Home
$668,000
10/27/25
4
3
3,192
0.16
Single-Family Home
$942,673
07/02/26
3
2.5
3,402
0.25
Single-Family Home
$700,000
06/26/26
3
2.5
2,167
0.11
Single-Family Home
$745,000
09/18/25
4
3
3,668
0.34
Single-Family Home
$589,900
07/17/26
3
2.5
2,274
0.26
Single-Family Home
$586,000
07/13/26
4
2.5
2,482
0.31
Single-Family Home
$560,000
06/12/26
3
2.5
3,518

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$699,900
4
3
3,171
Recently Sold
0.07
$945,400
5
4.5
4,773
Off Market
0.10
$734,200
3
3
3,286
Off Market
0.10
$804,100
3
3
3,456
Off Market
0.11
$759,400
4
3
3,668
Off Market
0.07
$760,800
4
3
3,388
Off Market
0.06
$690,600
3
3
2,688
Off Market
0.06
$706,200
3
3
2,688
Off Market
0.09
$1,322,100
5
5
5,020
Off Market
0.08
$911,600
4
3.5
3,888
Off Market
0.12
$1,025,700
5
3.5
3,286
Off Market

Local Information

  • Map ViewExplore the area around 4508 Lotus Dr.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2024
2,682 sqft
$253/sqft
3 Car Garage
HOA $263/mo

About this House

Welcome to the Grayson at 4508 Lotus Drive! This stunning 3-bedroom, 3-bathroom Grayson B home offers modern comfort, stylish design, and convenient location. As you step inside this single-story home, you'll notice a spacious den, which can be used as any kind of room your family needs. The spacious kitchen comes complete with stainless steel appliances, quartz countertops, and a center island that offers both functionality and style. This open floorplan connects the kitchen to the adjacent dining room and the family room with a gas-burning fireplace are perfect. The owner's bedroom boasts an en-suite bathroom, which features a dual-sink vanity, and a walk-in closet. Finishing the main floor is a secondary bedroom and bathroom, as well as a convenient laundry room. The full basement provides even more space, containing a third bed and bath, along with a massive recreation room.
4508 Lotus Dr, Excelsior, MN 55331 is a 3 bedroom, 3 bathroom, 2,682 sqft single-family home built in 2024. It last sold for $639,920 on Aug 22, 2024 (2% below the $651,920 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $677,800, with a rent estimate of $3,924/month.
Last check for updates: about 12 hours ago
Listed by Christopher Woolley, (612) 226-3636
M/I Homes
Bought with: NON-RMLS, Non-MLS
Source: NorthstarMLS as distributed by MLS GRID, MLS#6489866

Home Details for 4508 Lotus Dr

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,Full,Walk-Out AccessNumber of Rooms: 8Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Den, Dining Room, Family Room, Kitchen, Recreation Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2682 Square FeetFoundation Area: 1773
Appliances & Utilities
Appliances: Dishwasher, Exhaust Fan, Microwave, Range, RefrigeratorDishwasherLaundry: Laundry Room,Main LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Architectural ShinglePatio / Porch: Patio
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1773 Square FeetFinished Area (below surface): 909 Square Feet

Days on Market

Cumulative Days on Market: 41

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Is a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3411724410097

Price & Status

Price
List Price: $651,920
Status Change & Dates
Off Market Date: Wed Mar 27 2024

Location

Direction & Address
City: MinnetristaCommunity: Woodland Cove 8th Add
School Information
High School District: Westonka

Building

Building Details
Builder Name: HANS HAGEN HOMES AND M/I HOMES
Building Area
Building Area: 2682 Square Feet

HOA

HOA Fee Includes: Shared AmenitiesHOA Name: First ResidentialHOA Phone: 952-277-2700Has an HOAHOA Fee: $263/Monthly

Lot Information

Lot Area: 9191.16 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6489866Above Grade Unfinished Area: 1773

Price and Tax history

DateEventPrice
Aug 22, 2024
Source: NorthstarMLS as distributed by MLS GRID #6489866
Sold
$639,920
Mar 27, 2024
Source: FMARMLS #6489866
Pending
$651,920
Mar 1, 2024
Source: NorthstarMLS as distributed by MLS GRID #6489866
PriceChange
$651,920
Price increased by 0%
Feb 21, 2024
Source: M/I Homes
PriceChange
$649,920
Price increased by 2%
Feb 8, 2024
Source: M/I Homes
Listed For Sale
$640,120

Market trends in Minnetrista

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
56
4
MoM

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

  • 82 % 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

Sourced by Trulia users. 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

Based on information submitted to the MLS GRID as of 2026-09-13 00:43:02 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

Frequently asked questions about 4508 Lotus Dr

  • What is 4508 Lotus Dr estimated to be worth?
    Trulia's estimated value for 4508 Lotus Dr in Excelsior, MN is $677,800.
  • What is the price history for 4508 Lotus Dr?
    4508 Lotus Dr in Excelsior, MN last sold for $639,920 in August 2024.
  • Is Excelsior a buyer's or seller's market?
    Excelsior is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Excelsior?
    Residents describe Excelsior, MN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Excelsior, MN.
  • Does 4508 Lotus Dr have air conditioning?
    Yes, 4508 Lotus Dr in Excelsior, MN has air conditioning.
  • Does 4508 Lotus Dr have laundry facilities?
    Yes, 4508 Lotus Dr in Excelsior, MN has laundry facilities.

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