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Welcome to 921 Iris Circle, Excelsior MN          An Exceptional Residence in a  fantastic Lake Minnetonka neighborhood!            Offered at $1,069,000

Here's an affordable solution to secure your spot on the lake! This home has a deeded permanent covered boat slip that accommodates a 24-foot boat.
The Main Level:
This home’s main level has a superb open floor plan which includes rarely-found four bedrooms and a great room, foyer, and dining room with eleven foot ceilings. You’ll love the warm neutral décor accompanied by appealing fixtures and hardware along with its beautifully crafted enameled millwork.

An elegant and inviting entry foyer with pillars is adjacent to the formal dining room. The spacious great room houses a wood-burning fieldstone fireplace, large windows with transoms above, and appealing archways that are tastefully worked into the design. The office off the front entry has vaulted ceilings and dual glass doors.

Escape to the master suite, which has two walk-in closets and a beautifully-tiled master bath with a dual walk-in shower and separate whirlpool tub. Find yourself relaxing in a cozy private sitting room with fireplace or a private patio with a hot tub!

Your friends and family will surely gather in the kitchen which has a furniture-style center island with butcher-block top, granite countertops and abundant maple cabinetry. The large windows over the sink capture the view of wildlife in the beautifully wooded back yard. Off the kitchen is a hearth room / informal dining area with a gas fireplace that walks out to the back patio.

The Lower Level:
After a long work week, it’s time to make some fresh popcorn and watch a good movie.
The lower level is the ultimate for relaxing, entertaining and hosting parties! The older kids disappear downstairs with their friends and hang out for an entire weekend. With a large TV area, a bar and billiards, area and a huge kids’ playroom, the lower level is ideal for big super bowl parties, birthday parties and gatherings of family and friends.   Lower Bar Area:  Is host to a full-sized refrigerator with wood panel front matching the custom cabinets, separate under-counter wine refrigerator, built-in dishwasher with cabinet front, Travertine stone floors, backsplash and countertops. This space is loaded with storage and a glass-front display cabinet. You’ll love the custom-made wooden bar top which has been custom modeled after a vintage Chris Craft boat deck.
The fifth bedroom is currently set up as a fitness area but could also serve as an ideal nanny / guest suite with its ¾ bath and private entry to the garage. The adjacent ¾ bath has a custom vanity, large linen closet, gorgeous stone floors and walk-in shower.

The Setting:
Keep in mind, this large private-wooded back yard has ample room for an in-ground pool. Lounge in the screened-in cabana, and enjoy the perennial gardens in which the flowers change continually throughout the summer. Get ready to take pleasure in having vegetable gardens, a strawberry and a raspberry patch, apple trees and blueberry bushes!    The upper level of the garden shed houses the kids’ playhouse with its own secret staircase. If the playhouse is not desired, the floor of the playroom is designed to be removed to create loft storage in the shed.

The Neighborhood:

The neighborhood is fantastic! Many neighbors use golf carts for running around the neighborhood and going down to the lake where the neighborhood association members share an outlot on Smithtown Bay. Each member has their own private boat slip. Other benefits to being a member in the association are full use of the association grounds where there’s a sandy beach, a large play area, canoe rack and picnic tables. It's a great gathering spot for the kids to play and for hanging out with the neighbors, or getting on your boat and heading out for a day on the lake.

Home Features:
-Mudroom off the garage with cubbies and a separate large walk-in closet
-11 ft ceilings on the main level - tray vaulted in the master suite & the den
-Hardwood flooring throughout the entry and kitchen/hearth room
-Convenient main-level laundry room right across from the kids’ bedrooms
-Built-in sound system in the master suite and master bath, kitchen, patio and lower level
-Lower level ½ bath
-Central vac with garage car kit and toe kick vacpan in the kitchen
-Lower level hobby room with wash tub and a service door out to the garage
-3 lower level storage rooms plus additional storage in the hearth room crawl space and a huge area above the garage. (A pull down ladder can be added) - Game closet / cabinet in family room.
-Built-in speakers on the main level including the patio and in the lower level. In addition, the main floor great room has an independent built-in surround sound system.
-Patio has a permanent gas line for a BBQ grill
-Custom designed and built by Capestone Builders in 1999/2000
-High R value with solid comfort foam insulation in the walls.
- The public schools are fantastic -Minnewashta Elementary, MMW and MHS. There are also several superb private schools in the area.

PROPERTY DETAILS:

Style:

(SF) One Story

Year Built:

2000

Sqft. Total:

5430

Sqft Above Ground:

2955

Sqft Below Ground:

2475

Foundation Size:

2955

Garage Capacity:

3+

Garage Description:

Attached Garage

Heating:

Forced Air  x2

Air Conditioning:

Central  x2

Water:

Private well, city water line stubbed in at street

Acres:

.5

Lot Dimension:

cul-de-sac  

Association:

Smithtown Bay Association, Annual Fee: $400, includes lake access, dock, beach

FEATURES & AMENITIES:

Amenities:

Deck, Hardwood Floors, Hot Tub, In-Ground Sprinkler, Local Area Network, Multiple Phone Lines, Natural Woodwork, Other, Patio, Hot tub Security System, Sunroom, Tiled Floors, Vaulted Ceiling's),

Total Fireplaces:

4, 3 gas, 1 wood burning

Body of Water:

Lake Minnetonka, Smithtown Bay

Lake Waterfront:

Deeded access, includes a 24' permanent covered private boat slip with shore power, private neighborhood association with beach,

Special Search:

4 Main Floor Bedrooms, Main Floor Laundry, Finished lower level, Dock, Lake access,

ROOM INFORMATION:

Basement:

Walkout, lookout

Bedrooms:

5

Total Full Baths:

3

Total Half Baths:

1

Bathroom Description:

3/4 Basement,  Full Master, Main Floor full Bath, main floor 1/2 bath

Family Room Description:

Lower Level Family Room, Main Level Great Room 2 story, Sunroom/hearth room, billiards room, theater room

ROOM SIZES:

Room

Level

Approx. Size

Dining Room:

Main

12x12

 

Great Room:

Main

18x23

Office

Main

12x12

Kitchen:

Main

19x14

 

Bedroom:Master

Main

16x18

 

Bedroom:2

Main

12x12

 

Bedroom:3

Main

12x12

Bedroom:4

Main

12x13

Bedroom:5

Lower

16x16

 

Recreation Room:

Main

66x18

 

Hearth

Main

12x16

Sitting RM (master)

Main

12x10

Theater

Lower

14x20

Playroom

Lower

14x20

Billiards

Lower

14x18

 

SCHOOL INFORMATION:

School District:

276, Minnetonka, Minnewashta Elem, Mtka Middle school WEST, MHS

FINANCIAL INFORMATION:

Listing Price:

 $1,069,000

Annual Taxes:

$7469

Tax With Assessments:

 $8342

Tax Year:

2009

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