5345 WEDGEWOOD DRIVE

5345 Wedgewood Drive, Excelsior, 55331, MN

DETAILS

Don’t miss this rare investment or house-hack opportunity just one mile from charming downtown Excelsior and Lake Minnetonka. Nestled on a quiet cul-de-sac and backing up to a scenic bike path, this beautifully updated duplex offers the perfect blend of privacy, nature, and convenience. Situated on a sprawling half-acre wooded lot, this property features two spacious units; one 3 bed / 2 bath and one 4 bed / 2 bath (4th bedroom non-conforming) - both currently vacant and ready for immediate occupancy. Whether you're an owner-occupant looking for rental income or an investor seeking a move-in-ready asset, this home checks all the boxes. Recent improvements include brand-new decks completed in 2025 and numerous interior updates throughout both units, ensuring a modern, clean, and low-maintenance living experience. Enjoy direct access to the trail system right out your back door; walk or bike to the lake, shops, restaurants, breweries, and all Excelsior has to offer.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 3705 ft²

  • Below Ground Living: 1476ft²

  • Bathrooms: N/A

  • Above Ground Living: 2229ft²

  • Basement Details: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 4

  • Construction Materials: N/A

  • Foundation Size: 2229ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: N189x227x101x263

  • Longitude: 44.9055

  • Latitude: -93.5972

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $7,461

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: Well

ADDITIONAL INFORMATION

  • MLS#: NST7781108

  • Listing Brokerage: Rize Realty Agency Icon

ID: 3975015
Published: August 07, 2025
Last Update: August 07, 2025
Views: 3