Excelsior, MN 55331 5345 Wedgewood Drive

Pending
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Presented By: Rize Realty
  • MLS# 6764352
  • 08/07/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 4
  • SQFT • 3,705
  • Garage • 4

Home 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 - 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.
Presented By: Rize Realty

Interior Features for 5345 Wedgewood Drive

Other Interior Features

Above Grade Finished Area2229
BasementBlock, Daylight/Lookout Windows, Egress Window(s), Finished, Full
Basement (Y/N)Yes
Below Grade Finished Area1476
FuelNatural Gas
Garage Square Feet873

General for 5345 Wedgewood Drive

AccessibilityNone
Additional Parcels Y/NNo
CityExcelsior
Construction MaterialsBrick/Stone, Cedar
ContingencyNone
CountyHennepin
DirectionsSmithtown West to Wedgewood North to end of cul-de-sac
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces4
Gross Income67200
HeatingForced Air
High School DistrictMinnetonka
Insurance Expense5200
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3705
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense7440
PostalCityExcelsior
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameWild Duck 2nd Add
Tax Annual Amount7461
Tax Year2025
Tenant PaysTrash Collection
TopographyWooded
Trash Expense1080
Water Sewer Expense1160
Year Built1979
Zoning DescriptionResidential-Multi-Family

Exterior for 5345 Wedgewood Drive

Building Area Total3839
FencingNone
Foundation Area2229
Lot DimensionsN189x227x101x263
Lot FeaturesMany Trees
Lot Size Area0.53
Parking FeaturesAttached Garage, Asphalt
Road Frontage TypeCity Street, Cul De Sac, Paved Streets
Water SourceWell

Additional Details

Price History

John Wichmann

Agent
Price $659,000
MLS#6764352
List Date 08/07/2025
Property Type Pending
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