This stunning 2025 Hanson Builders custom home in Deephaven offers buyers a new construction home without the wait.
Located in the award winning Minnetonka School District, this 5 bedroom, 5.5 bath residence spans 6,511 sq. ft. and includes a highly sought after indoor sport court. From the moment you enter, the 10 foot ceilings, grand open staircase, and abundant natural light create an immediate sense of scale and sophistication. The reception area flows into a show stopping gourmet kitchen highlighted by an oversized quartz slab island, rift white oak cabinetry, professional grade appliances—including a 6 burner range with griddle, double ovens, and oversized farmhouse sink—and a fully equipped butler’s pantry with a second dishwasher, sink, and extensive storage.
Other features on the main level include a home office, two dining spaces, two inviting living spaces, each anchored by a floor to ceiling stone fireplace, along with thoughtfully placed recessed lighting that enhances the warm, welcoming atmosphere throughout. A beautifully designed mudroom with lockers, bench seating, and custom closets adds excellent everyday convenience and organization.
Upstairs, the home offers four spacious bedrooms, each with its own ensuite bathroom and walk in closet, along with a bright loft area and a generous laundry room with ample storage. The luxurious primary suite includes heated floors, dual vanities, an oversized walk in shower with bench, a cast iron soaking tub, and an expansive walk in closet, creating a serene retreat for the homeowner.
The walkout lower level with 9 foot ceilings is designed for entertainment and lifestyle flexibility, featuring a sport court, fitness room, fifth bedroom and bath, large family room, dining area and kitchen with an oversized island, refrigerator, dishwasher, and microwave—perfect for hosting guests.
Set on a beautifully landscaped 0.94 acre fenced lot, the outdoor spaces rival a private resort. Over $500K in premium aftermarket upgrades were added, including a 20' x 44' heated saltwater pool with water features and sun shelf, paver patios, a firepit, landscape lighting, and extensive new vegetation including a low mow fescue creating a carpet like lawn under the mature trees, all professionally designed by Hartman Landscape. Additional enhancements include a Phelps hot tub, designer 10' x 12' shed, upgraded closets, 4” gutters, Shade Store window treatments, and a maintenance free Trex deck off the sunroom.
The location is equally exceptional. Deephaven residents enjoy access to boat slips, boat launches, beaches, and Thorpe Park. The home is just minutes from Minnetonka High School, Deephaven Elementary, the Community Education Center, and several preschool and daycare options. Outdoor enthusiasts will appreciate the close proximity to marinas, Lake Minnetonka activities, regional trails, parks, and the relaxing lakeside restaurants, boutiques, and seasonal festivals of charming downtown Excelsior—easily accessible by bike or foot.
Additional features include a heated, EV ready 4 car garage with floor drains and space for boat or RV storage. No HOA.
This extraordinary home truly offers everything—luxury, comfort, space, amenities, and an unbeatable location.
Furniture, TVs and 2020 Regal LS6 Bowrider Boat available- separate bill of sale.
This home is only being offered due to an out of state relocation.
Active
$2,989,000
5120 Hooper Lake Rd, Excelsior, MN 55331
5beds
6,511sqft
Est.:
Single Family Residence
Built in 2025
0.94 Acres Lot
$2,870,100 Zestimate®
$459/sqft
$-- HOA
What's special
Bright loft areaOversized quartz slab islandPhelps hot tubHeated floorsFitness roomOversized farmhouse sinkGrand open staircase
- 21 hours |
- 591 |
- 36 |
Zillow last checked: 8 hours ago
Listing updated: March 03, 2026 at 09:23am
Listed by:
Roseann Amber Simmering 612-400-4038,
Bridge Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7029529
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 3
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 288 Square Feet
- Dimensions: 18x16
Bedroom 2
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 12x15
Bedroom 3
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 4
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 5
- Level: Lower
- Area: 168 Square Feet
- Dimensions: 14x12
Other
- Level: Lower
- Area: 520 Square Feet
- Dimensions: 26x20
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Exercise room
- Level: Lower
- Area: 195 Square Feet
- Dimensions: 15x13
Family room
- Level: Lower
- Area: 323 Square Feet
- Dimensions: 19x17
Hearth room
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18x16
Kitchen
- Level: Main
- Area: 399 Square Feet
- Dimensions: 21x19
Living room
- Level: Main
- Area: 323 Square Feet
- Dimensions: 19x17
Study
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Heating
- Forced Air
Cooling
- Central Air, Zoned
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer
- Laundry: Electric Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
Features
- Basement: Block,Drain Tiled,Egress Window(s),Finished,Full,Concrete,Sump Pump,Tile Shower,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Gas, Living Room, Other
Interior area
- Total structure area: 6,511
- Total interior livable area: 6,511 sqft
- Finished area above ground: 6,511
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached, Concrete, Floor Drain, Garage Door Opener, Heated Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
- Details: Garage Dimensions (38x24), Garage Door Height (9), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Composite Decking, Deck, Patio
- Fencing: None
Lot
- Size: 0.94 Acres
- Dimensions: 130 x 316.2
- Features: Sod Included in Price, Tree Coverage - Medium
Details
- Foundation area: 1391
- Parcel number: 2511723420025
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 2025
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
Community
- Subdivision: Vine Hill Heights Minnetonka
HOA
- Has HOA: No
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $459/sqft
- Tax assessed value: $1,292,000
- Annual tax amount: $6,188
- Date on market: 3/3/2026
- Road surface type: Paved
Estimated market value
$2,870,100
$2.73M - $3.01M
$7,824/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Listed for sale | $2,989,000+25.8%$459/sqft |
Source: | ||
| 4/14/2025 | Sold | $2,376,393-4%$365/sqft |
Source: | ||
| 1/29/2025 | Pending sale | $2,475,000+395%$380/sqft |
Source: | ||
| 9/4/2024 | Sold | $500,000-79.8%$77/sqft |
Source: Public Record Report a problem | ||
| 9/3/2024 | Listed for sale | $2,475,000+395.1%$380/sqft |
Source: | ||
| 5/21/2024 | Sold | $499,900$77/sqft |
Source: | ||
| 5/6/2024 | Pending sale | $499,900$77/sqft |
Source: | ||
| 4/8/2024 | Listing removed | -- |
Source: | ||
| 4/4/2024 | Price change | $499,900-9.1%$77/sqft |
Source: | ||
| 3/15/2024 | Listed for sale | $550,000$84/sqft |
Source: | ||
| 3/8/2024 | Listing removed | -- |
Source: | ||
| 2/12/2024 | Listed for sale | $550,000$84/sqft |
Source: | ||
| 2/3/2024 | Listing removed | -- |
Source: | ||
| 2/1/2024 | Listed for sale | $550,000+214.3%$84/sqft |
Source: | ||
| 11/8/1996 | Sold | $175,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,189 +1.4% | $1,292,000 +134.5% |
| 2024 | $6,104 +13.3% | $550,900 +0.7% |
| 2023 | $5,386 +9.2% | $547,000 +8.1% |
| 2022 | $4,932 +2.9% | $506,000 +20.8% |
| 2021 | $4,793 -1.3% | $419,000 +2.9% |
| 2020 | $4,857 +1.3% | $407,000 +2.5% |
| 2019 | $4,793 -1.3% | $397,000 +3.1% |
| 2018 | $4,857 +6.7% | $385,000 +5.8% |
| 2017 | $4,552 +2.2% | $364,000 +3.7% |
| 2016 | $4,455 +2% | $351,000 +10% |
| 2015 | $4,366 +10.2% | $319,000 +9.6% |
| 2014 | $3,961 +6.8% | $291,000 -1.7% |
| 2013 | $3,708 -5.5% | $296,000 -9.2% |
| 2012 | $3,924 +4.4% | $326,000 |
| 2011 | $3,758 +0.5% | $326,000 -8.2% |
| 2010 | $3,738 -2.3% | $355,000 -5.6% |
| 2009 | $3,825 +11.6% | $376,000 +15.9% |
| 2006 | $3,428 +9.4% | $324,300 +15% |
| 2005 | $3,133 +7.9% | $282,000 +13.3% |
| 2004 | $2,904 +4.9% | $249,000 +12% |
| 2002 | $2,768 -42.6% | $222,400 |
| 2001 | $4,825 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$18,328/mo
Principal & interest
$15414
Property taxes
$2914
Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 8/10Deephaven Elementary SchoolGrades: K-5Distance: 0.9 mi
- 8/10Minnetonka East Middle SchoolGrades: 6-8Distance: 2.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 1.1 mi






