4685 lakeway terrace

Just a few blocks east of downtown Excelsior, this turnkey home is walkable to the Cottagewood General Store and just steps from the Lake Minnetonka Regional Trail, paddle tennis courts, Carson’s Bay, and three local beaches. Located on a quiet street in the sought-after Minnetonka School District, the home has been thoughtfully updated by long-term owners to blend timeless charm with modern function. Nearly every surface has been upgraded over the past decade—including a full kitchen renovation, updated baths, new roof, furnace, A/C, water heater, attic insulation, and more. The well-designed layout lives spaciously and is perfect for daily life or entertaining, featuring four bedrooms up, an open-concept main level, and an incredible vaulted screened porch overlooking the beautifully landscaped backyard. With fresh, stylish finishes and no detail overlooked, this not-so-big house is full of charm, comfort, and quality rarely found at this size.