4517 Lotus Dr, Excelsior, MN 55331
Property image
Property image
FOR SALE

4517 Lotus Dr
Excelsior, MN 55331

  • 3 Beds
  • 2.5 Baths
  • 2,958 sqft

$734,900

Est. Mortgage $4,750/mo*

$734,900

Est. Mortgage $4,750/mo*
3 Beds
2.5 Baths
2,958 sqft

Home Highlights

Parking
3 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$284/Monthly
Price/Sqft
$248
Listed
4 days ago

Local Information

  • Map ViewExplore the area around 4517 Lotus Dr.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Sellers are downsizing, giving you the opportunity for pristine, better-than-new living in one of Minnetrista's most sought-after neighborhoods! Built just a year and a half ago, this home still has that new-home smell and shows like a model, without the wait.
Set on a corner lot with no neighbors directly behind or beside you, this home overlooks a peaceful pond for a setting that feels both open and private. Inside, nearly 3,000 finished square feet offer 3 bedrooms and 3 bathrooms, with the ease of main-level living for those who want everything within easy reach. The main-level primary suite features a large step-in shower and double sinks. Main-level laundry adds everyday convenience.
The lower level is anything but basement-like with daylight/lookout windows that flood the space with natural light, giving it a bright, main-level feel. The additional family room space makes it ideal as a separate spot for kids or guests.
The sellers have upgraded this home with over $7,000 in custom, high-quality window treatments throughout, a reverse osmosis water filtration system in the kitchen, and have activated the radon mitigation system, as well as adding a whole-home water softener. Details that don't happen on new construction, but provide peace of mind. The home has a spacious 3-car garage with room for vehicles, toys, and storage.
Woodland Cove is in a top-rated school district, earning an overall "A" grade on Niche.com. The neighborhood itself is designed for every stage of life, with a playlot for little ones, a clubhouse and pool for gathering and relaxing, and a wide variety of housing styles that make it easy for multi-generational groups to live comfortably close to one another.
For those who love an active, outdoor lifestyle, you're just minutes from Lake Minnetonka as well as the Lake Minnetonka and Dakota Rail Regional Trails — perfect for biking, walking, and enjoying all four seasons. Yet despite the tucked-away, away-from-it-all feel of Minnetrista, everyday conveniences are close at hand with a Caribou Coffee, Mackenthun's grocery store, and The Cove Wine & Spirits at the end of the street. A quick drive brings you to the new Costco in Chaska or the extensive shopping and dining options in Chanhassen.
This is a rare opportunity to own a like-new home in a vibrant, amenity-rich community without the wait.

Home Details for 4517 Lotus Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Daylight,Drain Tiled,Finished,Full,Sump Basket,Sump PumpNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Den, Dining Room, Family Room, Kitchen
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2958 Square FeetFoundation Area: 1716
Appliances & Utilities
Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: Laundry Room,Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Electric, Living RoomHas a Fireplace
Gas & Electric
Electric: 200+ Amp ServiceGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or Less Architectural ShingleFencing: None
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached,Asphalt
Frontage
Waterfront: PondNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1716 Square FeetFinished Area (below surface): 1242 Square Feet

Days on Market

Days on Market: 4

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: Concrete, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3411724420056

Price & Status

Price
List Price: $734,900Price Per Sqft: $248

Location

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

Agent Information

Listing Agent
Listing ID: 7109399

Building

Building Area
Building Area: 2958 Square Feet

HOA

HOA Fee Includes: Lawn Care, Professional Mgmt, Sanitation, Shared Amenities, Snow RemovalHOA Name: First Service ResidentialHOA Phone: 952-227-2700Has an HOAHOA Fee: $284/Monthly

Lot Information

Lot Area: 9583.2 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7109399Above Grade Unfinished Area: 1716
Last check for updates: about 4 hours ago
Listing courtesy of Mary Schumann, (773) 791-2015
Keller Williams Realty Integrity Lakes
Source: NorthstarMLS as distributed by MLS GRID, MLS#7109399

Market trends in Minnetrista

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
59
8
MoM

Price History for 4517 Lotus Dr

DatePriceEventSource
07/17/2026$734,900Listed For SaleNorthstarMLS as distributed by MLS GRID #7109399
02/26/2025$701,965Sold
NorthstarMLS as distributed by MLS GRID #6629410
11/10/2024$701,965PendingNorthstarMLS as distributed by MLS GRID #6629410

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Property Tax and Assessment

Year2025
Tax$1,967
Assessment$420,000
Home facts updated by county records

Comparable Sales for 4517 Lotus Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$720,000
09/26/25
3
3
3,286
0.11
Single-Family Home
$668,000
10/27/25
4
3
3,192
0.11
Single-Family Home
$699,900
11/21/25
4
3
3,171
0.17
Single-Family Home
$704,150
08/20/25
4
2.5
2,952
0.11
Single-Family Home
$578,925
11/03/25
3
3
2,283
0.16
Single-Family Home
$942,673
07/02/26
3
2.5
3,402
0.20
Single-Family Home
$700,000
06/26/26
3
2.5
2,167
0.15
Single-Family Home
$745,000
09/18/25
4
3
3,668
0.36
Single-Family Home
$710,000
07/20/26
3
2.5
2,958
0.15
Single-Family Home
$749,685
07/29/25
4
3.5
3,623

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 4517 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

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

Mary Schumann, Keller Williams Realty Integrity Lakes
Agent Phone: (773) 791-2015
Based on information submitted to the MLS GRID as of 2026-07-21 05:18:05 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
4517 Lotus Dr, Excelsior, MN 55331 is a 3 bedroom, 3 bathroom, 2,958 sqft single-family home built in 2024. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Jul 17, 2026. The MLS # for this home is MLS# 7109399.