5205 Greenwood Circle

Welcome to 5205 Greenwood Circle — a beautifully renovated 1-bedroom home tucked into the tree-lined lakeshore community of Greenwood, Minnesota, sitting right between Excelsior and Deephaven on the shores of Lake Minnetonka. Just 25 minutes from downtown Minneapolis, this is the kind of address that makes people wonder why they ever lived in the city.

This is a full renovation — every finish is new. Granite countertops, stainless steel appliances, updated kitchen and bathrooms, and a thoughtful two-level layout that gives you space rarely found in an apartment.

Unit Features:
Fully renovated kitchen with stainless steel appliances & dishwasher
Huge living room and bedroom sized bedrooms
Wall-unit air conditioning in bedroom provided
In-unit washer and dryer on lower level
Off-street parking included
Garage available for $125/month (ask about availability!)
Pet friendly

Utilities:
Tenant pays gas and electric directly. Flat $75/month utility fee that covers water, sewer, trash, and recycling and one parking spot.

Pets Welcome:
Dogs and cats of all breeds and sizes welcome — $350 one-time non-refundable fee plus $30/month pet rent. No breed or weight restrictions.

The Neighborhood:
Greenwood sits on one of the most coveted stretches of Lake Minnetonka shoreline — small-town charm, extraordinary natural beauty, and a surprisingly vibrant dining and culture scene just minutes away in neighboring Excelsior. Here's what's right outside your door:

Lake Minnetonka Regional Trail — 15 miles of dedicated biking and walking trails right outside your door, winding along the lakeshore through some of the most scenic terrain in the Twin Cities metro. Whether you're a daily cyclist or a weekend walker, this trail becomes part of your routine fast

Excelsior Commons & the Bandshell — just minutes away, with 4th of July fireworks, Wednesday evening Concerts in the Park all summer long, and the kind of small-town waterfront energy that feels like a vacation every time you go

Coalition — Excelsior's most sophisticated dining destination on Water Street, with an eclectic seasonal menu of locally sourced New American dishes, craft cocktails, and a casually upscale atmosphere. Weekend brunch and lunch daily

Maynards — the classic Lake Minnetonka waterfront institution right on the water, with boat parking, a full bar, and a menu that earns every loyal regular it has

Lago Tacos — a lively, popular spot on Water Street serving creative tacos and Latin-inspired dishes with great cocktails in a fun, casual atmosphere

The Lobby Coffee & Leisure — a neighborhood café on Water Street perfect for a morning coffee, a slow afternoon, or catching up with friends in a relaxed setting

Red Bench Bakery — a beloved Excelsior bakery serving fresh pastries, breads, and coffee. The kind of place you walk into once and immediately add to your weekly rotation

Excelsior Brewing Co. — a neighborhood craft brewery just steps from the water, with rotating taps, a welcoming taproom, and a patio that fills up on summer evenings

Adele's Frozen Custard — a 35-year Excelsior institution making every batch of homemade frozen custard on-site daily from unique recipes, with a rotating flavor calendar. Check the calendar before you go and plan your visit around the flavor of the day

And with Highway 7 providing quick access to the metro, downtown Minneapolis is an easy 25-minute drive.

Managed by The Stepping Stone Group, a boutique Minneapolis property management company with the technology and responsiveness of a larger firm and the personal touch of a local team. We'd love to show you this home — reach out today to schedule a tour!

The Stepping Stone Group | 612-500-6223