4115 Lotus Drive, Excelsior, MN 55331

$2,875,000

Virtual Tour

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Virtual Tour

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Nestled on the southwestern side of Halsted Bay on Lake Minnetonka

Charming spaces to enjoy the front porch and greet guests

Deck with sweeping views of the yard and lake

Set on about 2.5 acres of dense woods and sweeping lakeside lawn

Step inside to appreciate the wood beam ceilings

Lovely sitting area with access to the front porch

Cozy up by the wood burning fireplace with stone surround

Beautiful wood detailing throughout the home.

Lovely dining space with vaulted wood beam ceilings

Great spot to gather and entertain or enjoy a meal

Open floor plan with access to the lovely sitting areas

Floor plan flows seamlessly throughout the main floor

Impressive oversized windows with a view of the lake

Step out to the balcony to see the stunning lake views

Lovely balcony overlooking the lake and additional center island offers generous prep space and abundant storage

Gourmet kitchen with oversized island, custom cabinetry, and high-end appliances - perfect for everyday living and entertaining.

Warm and inviting kitchen with timeless finishes, built-in appliances, and seamless indoor-outdoor flow

Light-filled kitchen featuring beautiful woodwork, ceiling details, two walk-in pantries, and updated lighting throughout

Spacious center island with seating opening to a charming dining nook and scenic backyard views

Dining nook with bench seating and incredible views of Lake Minnetonka

Kitchen and dining nook have access to the deck

Step into the luxurious primary suite with access to the deck

Primary suite with en-suite full bathroom

Primary bathroom features double sinks, separate tub and walk-in shower, and a walk-in closet

Spacious mud room with plenty of storage

Main floor laundry room with a sink and upper/lower cabinet space

Head to the upper level to discover a lit up hallway from the sky light

Third bedroom on the upper level with room for multiple beds

The walk-out lower level is an entertainers dream

Lower level rec room with stone surround wood burning fireplace

Tucked off of the rec room is a great place for a game table or simple admiring the views

Walk-out lower level to the patio or down to the lake

Wet bar on the lower level with microwave, beverage fridge, and room to sit at the island

Fourth bedroom located on the lower level

This bedroom has a walk-in closet and room for multiple beds

Lower level 3/4 bathroom with walk-in shower

Hidden room tucked behind a secret linen cabinet in the lower level bathroom

Walk-out patio with space for entertaining

Beautifully landscaped yard with expansive green space

Private backyard retreat featuring a spacious patio, lush landscaping, and mature trees for added privacy

Tranquil backyard oasis offering privacy and open lawn space

Storage shed tucked down the hill with space to store lake essentials

Beautiful fire pit area and lake life views with 2 electronic boat and jet ski lifts

About 100 foot dock with 2 electronic boat lifts and 2 electronic jet ski lifts

Enjoy the lake life on Halsted Bay on Lake Minnetonka

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 5,628 Lot Size (sq. ft.): 108,900 Status: Active

Current Price: $2,875,000 List Date: 8/03/2026 Last Modified: 8/04/2026

Overview

Description

Nestled on the southwestern side of Halsted Bay on Lake Minnetonka, 4115 Lotus Drive is a beautifully updated English cottage. Set on about 2.5 acres of dense woods and sweeping lakeside lawn, this home offers a serene retreat with stunning views. Upon entering, you're greeted by exquisite wood beam ceilings and oversized windows that flood the home with natural light. The chef's delight kitchen, with deck access, is perfect for everyday living. The main floor boasts a luxurious primary bedroom suite complete with a dual vanity, separate tub and shower, and a walk-in closet with organization features. The walk-out lower level, an entertainer's dream, includes an additional bedroom, a mini kitchen with a microwave and fridge, and ample space for a pool table or entertaining space. Unique features like a hidden room in the bathroom add charm, creating a delightful play area. The upper level houses two more bedrooms, ideal for family or guests. Appreciate the beautiful gardens and lake li ... (Read more)

Listing Details MLS# 7117443

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 185
Waterfront YN: Yes
Year Built: 1975
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 2163
Above Grd Total SqFt: 3476
Below Grd Total SqFt: 2152
Total SqFt: 5628
Total Finished Sqft: 4810.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 2222
Garage Stalls: 2
Lot Dimensions: Irregular
Acres: 2.5
Assessment Pending: Yes

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Boat Slip; Deck; Dock; French Doors; Hardwood Floors; Kitchen Center Island; Main Floor Primary Bedroom; Natural Woodwork; Patio; Porch; Primary Bedroom Walk-In Closet; Skylight; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Wet Bar; Other Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Basement: Full; Kitchenette; Storage Space; Tile Shower Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath; Upper Level 3/4 Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Elevation Highpoint to Waterfront Slope: Gradual Exterior: Brick/Stone; Wood Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Lower Level; Main Level Fireplace Characteristics: Family Room; Living Room; Stone; Wood Burning Foundation: Concrete Block Fuel: Propane Heating: Forced Air Lake Details: Sand; Weeds Laundry: Laundry Room; Main Level; Sink Lot Description: Accessible Shoreline; Tree Coverage - Heavy; Tree Coverage - Medium Parking Characteristics: Garage Door Opener Pool Description: None Road Frontage: No Outlet/Dead End; Paved Streets Roof: Age Over 8 Years Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: Two Water: Well Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Bay; Lake

Contract Information

Contingency: None
Original List Price: 2875000
ListPrice: 2875000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4115
Street Name: Lotus
Street Suffix: Drive
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331

Assessments

Assessment Balance: 2680.84
Tax With Assessments: 32838.5

Building Information

Finished SqFt Above Ground: 3090
Finished SqFt Below Ground: 1720

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 27x22
Garage Door Height: 7
Garage Door Width: 18
Garage Square Feet: 623

Public Survey Info

Range#: 24
Section#: 34
Township#: 117

Room Information

Room Name	Dimensions	Level
Bar/Wet Bar Room	10x9	Lower
Deck	15x11	Main
Dining Room	29x13	Main
First (1st) Bedroom	14x16	Main
Fourth (4th) Bedroom	19x18	Lower
Kitchen	13x16	Main
Library	8x6	Main
Living Room	11x15	Main
Primary Bath	13x11	Main
Recreation Room	29x33	Lower
Second (2nd) Bedroom	12x25	Upper
Sun Room	13x8	Main
Third (3rd) Bedroom	13x18	Upper

Documents

4115 Lotus Drive - Floor Plans .pdf ›

4115 Lotus Drive - Seller's Disclosures ›

4115 Lotus Drive - Updates and Improveme ›

Listing Office: Compass

Last Updated: August - 04 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

4115 Lotus Drive, Excelsior, MN 55331 (MLS# 7117443)