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20695 Spencer Lane

Shorewood, MN 55331

5 beds
5 baths
4,888 sqft
~3/4 acre lot
$439 per sqft
2006 build
– on site

Turnkey Charles Cudd-built home situated just outside Cottagewood and within walking distance of Excelsior. Leverage the exceptional location with convenient access to the Lake Minnetonka Regional Trail, nearby Cottagewood General Store, marinas, yacht clubs, and the award-winning Minnetonka School District. Offering a bright and airy interior with walls of windows, enameled millwork, and well-designed spaces for both daily living and entertainment, as well as a flexible floor plan that includes an oversized bonus area above the garage with its own separate entrance, perfect for an apartment, guest suite, or home office. Relax and enjoy the spacious backyard, which offers ample room for recreation and the possibility of adding a future swimming pool.

Listing courtesy of NORTHSTAR / Daniel Hollerman / Compass

Last checked: Checking… • Last updated Apr 10, 2025 •

MLS# 6693069 —

The Building

Year Built:

2006
New Construction:

false
Age Of Property:

19
Construction Materials:

Brick/Stone, Cedar, Shake Siding
Construction Materials Desc:

Frame
Roof:

Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1868.0000
Basement:

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

true
Foundation Area:

1442
Manufactured Home:

No
Building Area Total:

4914
Above Grade Finished Area:

3554
Below Grade Finished Area:

1334

Interior

Dining Room Description:

Breakfast Bar,Eat In Kitchen,Informal Dining Room
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Gas
Amenities:

Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Sun Room,Tile Floors,Wet Bar,Walk-In Closet

Room Dimensions

Living Area:

4888

Location

Directions:

Hwy 7 West, North to Vine Hill to Minnetonka Blvd, West to Spencer.
Latitude:

44.919923
Longitude:

-93.540861

The Property

Parcel Number:

2511723220068
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Size Area:

0.79
Lot Size Dimensions:

113x245x302x166
Lot Size SqFt:

34412.4
Lot Size Units:

Acres
Road Frontage Type:

Private Road
Road Responsibility:

Private Maintained Road
Water Source:

Well
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

21372
Tax With Assessments:

21372.0000

Beds

Bedrooms Total:

5

Baths

Total Baths:

5
Bath Description:

3/4 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Steam Shower,Upper Level Full Bath,Walk-In Shower Stall
Full Baths:

3
Three Quarter Baths:

1
Half Baths:

1

The Listing

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Alden Wood
Pool Features:

None
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage
Garage Spaces:

3
Garage Dimensions:

25X35
Garage SqFt:

722

Monthly cost estimate

Asking price

$2,150,000

Expense	Monthly cost
Mortgage	$11,512
Taxes	$1,781
Insurance	$591
Utilities	$190 See report
Total	$14,074/mo.^*
	^*This is an estimate

Explore the Area

My Commute

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Sale history

Date	Event	Source	Price	% Change
4/9/25 Apr 9, 2025	Listed / Active	NORTHSTAR	$2,150,000	42.9% (11.6% / YR)
7/30/21 Jul 30, 2021		NORTHSTAR	$1,505,000	-5.6%
6/15/21 Jun 15, 2021		NORTHSTAR	$1,595,000

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This house located in Shorewood, MN 55331 is currently for sale for $2,150,000. 20695 Spencer Lane is a 4,888 square foot house with 5 beds and 5 baths that has been on Estately for 6 days. This house is in the attendance area of Middle School East, Deephaven Elementary School, and Minnetonka High School.

Listing Courtesy of: NORTHSTAR and Compass.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.