Excelsior, MN 55331
Price: $10,000,000
A once in a lifetime opportunity - presenting a 1.6 acre estate comprised of three parcels. 4900 MEADVILLE STREET – a premier build site on 199.4’ of northwest-facing, A-rated, flat, rip-rapped shoreline on Lake Minnetonka. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, setting. The second parcel, located at 4905 MEADVILLE STREET, is a beautifully finished 0.53-acre lot complete with irrigation. This versatile space offers endless possibilities—ideal for building a guest house, a luxurious pool with a pool house, or creating a private outdoor retreat tailored to your vision. The third parcel is the home at 5025 COVINGTON STREET, a timeless home with finishes that exude luxury in every detail. This Nantucket inspired home was designed by Mike Sharratt and built by Matthews Vasek Construction. It is sited to enjoy long views of the expansive lawn and lakeshore. Designed to accommodate all ages and abilities with an elevator that services all three floors, curbless showers and zero step entry between the garage and home. Interior design and finish selections completed in collaboration with Morine Design Associates. Amenities include extensive millwork and custom built-ins, beamed ceilings, cased openings between rooms, walnut hardwood floors and doors, professional grade appliances from Wolf, SubZero, Asko and Miele, designer lighting, luxury wallcoverings, and custom leaded glass windows. The exterior includes Bluestone patios, extensive gardens with Chilton limestone retaining walls and borders, cedar shake roofing, siding, copper gutters and downspouts. A Kohler whole home generator, Haferman Water Conditioning system, four car heated garage, and two furnaces provide seamless living. Please see supplements for information on extensive features and amenities. Quick Close Possible.
Basic Features:
| Style | Single Family Residence |
|---|---|
| Type | Residential |
| Zoning | Residential-Single Family |
| Year Built | 2015 |
| School District | Minnetonka |
| County | Hennepin |
| Lot Size | irregular - 199 ft at lakeshore |
| Acreage | 1.62 acres |
| Bedrooms | 4 |
| Total Baths | 6 |
| Garage | 4 Car 42x24 |
| Lot Description | Many Trees |
| Above Grade | 4,896 sq ft |
| Below Grade | 2,482 sq ft |
| Lake Name | Minnetonka |
| Lake Depth | 113 ft |
| Water Frontage | 199 ft |
| Tax $ / Year | $82,893 / 2025 |
| Tax ID | |
| Legal Description |
Includes:
Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Electric Water Heater,Exhaust Fan,Freezer,Humidifier,Water Filtration System,Water Osmosis System,Iron Filter,Microwave,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer,Water So...
| Rooms | Size | Level |
|---|---|---|
| Bedroom 1 | 20x16 | U |
| Bedroom 2 | 16x12 | U |
| Bedroom 3 | 12x12 | U |
| Bedroom 4 | 15x14 | L |
| Dining Room | 16x12 | M |
| Family Room | 31x23 | L |
| Game Room | 16x10 | L |
| Great Room | 24x17 | M |
| Kitchen | 16x16 | M |
| Laundry | 14x8 | U |
| Office | 19x13 | M |
| Screened Porch | 15x12 | M |
| Storage | 15x13 | L |
| Sun Room | 16x11 | M |
| Government Programs | |
|---|---|
| Section | 26 |
| Terrain Type | |
| Roads | City Street,Paved Streets |
| Baths | 1/2 Basement,Two Basement Baths,3/4 Basement,Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath,Walk-In S... |
| Basement | Drain Tiled,Egress Window(s),Finished,Full,Storage Space,Sump Pump,Tile Shower |
| Cooling | Central Air |
| Driveway | |
| Electric | 200+ Amp Service |
| Exterior Features | Brick/Stone,Cedar,Shake Siding |
| Fireplace | Family Room,Gas,Primary Bedroom,Wood Burning |
| Foundation | 2688.00 |
| Fuel Source | Electric,Natural Gas |
| Handicap Access | Doors 36"+,Accessible Elevator Installed,Grab Bars In Bathroom,Hallways 42"+,No Stairs External,Roll-In Shower |
| Heating | Forced Air,Radiant Floor,Zoned |
| Pool | None |
| Roof | Age Over 8 Years,Pitched,Wood |
| Sewer Service | City Sewer/Connected |
| Water Service | Private,Well |
| Water Heater | |
| Parking Lot | Attached Garage,Driveway - Other Surface,Floor Drain,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage |
| Exterior Construction | |
| Laundry | N |