4940 Suburban Drive, Excelsior, MN 55331

$1,699,000
4
BD
4
BA
3,938
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,699,000
Days on Market
22
MLS#
7104029
Status
PENDING
Type
Single Family Residential
Bedrooms
4
Bathrooms
4
Living Area
3,938
Acres
0.67
Subdivision
Minnetonka Manor
Year Built
2000

Property Description

Welcome to 4940 Suburban Drive, a beautifully maintained one-owner home nestled on a .67 acre lot in the heart of Deephaven. Offering the perfect blend of comfort, charm, and privacy, this exceptional property is your own private oasis. The meticulously landscaped grounds feature a professionally manicured lawn, mature trees, and a sparkling in-ground pool, creating an ideal setting for relaxing or entertaining all summer long. Car enthusiasts and hobbyists will appreciate the oversized two-car garage, complete with heating, air conditioning, epoxy floors, and premium built-in cabinetry for year-round comfort and organization. Inside, the open-concept gourmet kitchen is designed for gathering, showcasing high-end cabinetry and a stunning walnut center island that serves as the heart of the home. The spacious layout flows effortlessly into the main living areas, making it perfect for everyday living and entertaining. Upstairs, you'll find three bedrooms on the same level, including a spacious primary suite with a walk-in closet featuring custom built-in cabinetry. The recently remodeled ensuite bath offers luxurious in-floor heat, a large soaking tub, and peaceful views of the beautifully landscaped backyard. The walkout lower level includes a full wet bar and kitchenette, making it the perfect space for entertaining guests or serving refreshments during poolside gatherings. Lovingly cared for by its original owner, this charming Deephaven home offers timeless appeal, thoughtful updates, and an unbeatable setting. Come experience everything 4940 Suburban Drive has to offer!

Additional Information

School District
Minnetonka
Amenities Unit
Ceiling Fan(s), Deck, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Porch, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar, Walk-In Closet
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Tax Year
2025
Fencing
Invisible
Fuel
Natural Gas
Lot Description
Corner Lot, Tree Coverage - Medium
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt
Air Conditioning
Central Air
Heating
Forced Air, Fireplace(s), In-Floor Heating
Pool
Yes
Water
Drilled, Well
Basement
Tile Shower, Walkout
Parking
Detached Garage, Concrete, Electric, Finished Garage, Heated Garage, Insulated Garage
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.