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About This Home

This 6-bedroom, 0-bathroom other at 5570 & 5580 Shorewood Lane in Shorewood, MN is listed for $615,000 ($276 per sqft). Built in 1968, the home offers 2,230 sqft of living space on a 0.46 acres lot.

Agent Description

Exceptional investment and lifestyle opportunity in the heart of Shorewood! This outstanding duplex is ideally located just steps from the Lake Minnetonka Regional Trail, offering direct access into downtown Excelsior where you’ll enjoy restaurants, boutique shopping, and vibrant lake life year-round.

Walk or bike to nearby Tonka Bay for additional dining favorites including Hazelwood and Joey Nova’s. Whether you’re an investor or owner-occupant, this property offers a rare income-producing opportunity with strong rental potential while enjoying one of Lake Minnetonka’s most desirable communities.

Both units have been extensively updated and well maintained. Major exterior improvements completed in 2010 include new columns, shutters, paint, professional landscaping, and a 35-year Timberline roof. Recent 2026 updates bring a fresh, modern feel throughout with new carpet, luxury vinyl plank flooring, full interior paint, updated light switches, painted garage and utility floors, and new appliances.

Additional mechanical updates include newer furnaces installed within the past five years, providing added efficiency and peace of mind. Enjoy low-maintenance ownership, thoughtful updates, and an unbeatable location near trails, dining, and the best of Lake Minnetonka living.

Key Features

  • Built in 1968
  • 0.46 acre lot

Property Details

1968

Monthly Cost Estimate

$3,289/mo

20% down · 6.5% · 30 years

Principal$445
Interest$2,665
Insurance$179

Estimates only. Actual payments may vary.

Location

5570 & 5580 Shorewood Lane

Shorewood, MN 55331

Features & Amenities

Exterior Features

Wood

Property Details

Parking

DrivewayGarageGarage - Attached

Heating

Forced Air

Questions & Answers

This 6-bedroom, 0-bathroom other at 5570 & 5580 Shorewood Lane is listed at $615,000 ($276/sqft). The estimated monthly payment is $2,665 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 0.46 acre lot. Exterior Features: Wood.

This property is listed by The Holmers Group and can be reached at 6129984010 or jeffholmers@gmail.com.

TG

The Holmers Group

Agent at Keller Williams Premier Realty Lake Minnetonka

(612) 998-4010

Listed by Keller Williams Premier Realty Lake Minnetonka · View on Broker Site

MLS# 7079447· Source: listhub· Updated 10 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5570 & 5580 Shorewood Lane, Shorewood, MN 55331

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