About Greenwood

Real Estate Statistics
Total Listings 2
Average Price $1,244,500
Highest Price $1,290,000
Lowest Price $1,199,000

“Lake Minnetonka’s southern gem”

Greenwood is a little city in Hennepin County with a population of roughly 750 people. The total square miles for the city is 0.61 with 0.25 of those square miles being on Lake Minnetonka. 

  •  Greenwood is one of the smallest Lake Minnetonka communities. 

  • With its location on St. Albans Bay looking straight West, the sunsets are amazing for the lakeshore properties. 

  • Greenwood is located within walking distance to downtown Excelsior and all that charming village has to offer. 

Although Greenwood was officially founded in 1956, residents can be traced back to the 1840’s. When George Bertram traveled from New York to the Southern shores of Lake Minnetonka, he sought to create a village and farming community. He teamed up with a home builder, Robert McGrath, and began to construct homes in the original Excelsior township. 

 For what it lacks in size, Greenwood makes up for in community. 

  • The small population is focused on building community and enjoying all that the area has to offer. There is an annual 4th of July parade, outdoor concerts at the Old Log Theater and a community wide ice fishing group. 

  • Greenwood Park is a common meeting place for Greenwood residents.


Browse Greenwood Real Estate Listings

All Listings Over $1,000,000

Browse Greenwood Real Estate Listings

2 Properties Found. Page 1 of 1.
Photo of Listing #5703440
New Listing

21080 Excelsior Boulevard, Greenwood

$1,199,000 - 4 Beds, 3 Baths, 2,908 Sf

MLS® # 5703440

Trenary Realty groupRegional Multiple Listing Service of Minnesota Logo
Photo of Listing #5616830

4930 Saint Albans Bay Road, Greenwood

$1,290,000 - 4 Beds, 4 Baths, 3,809 Sf

MLS® # 5616830

RE/MAX Advantage PlusRegional Multiple Listing Service of Minnesota Logo


For the non lakeshore owners, Greenwood has 26 slips for boots at the St. Alban’s Bay City Docks. There is a waiting list but priority is given to non lakeshore owners.

Old Log Theater, perhaps the most notable part of Greenwood’s history, was opened in 1940 and continues to entertain guests with their plays. Old Log Theater has entertained over six million people since its doors first opened.   

Cast & Cru is the only restaurant located in Greenwood. It is connected to the Old Log Theater and is a farm to table restaurant! 


Greenwood Marina is located in Greenwood and is the only marina on Lake Minnetonka with covered slips- a wonderful tool in helping protect your boat from the elements.

  •  It's a full service marina with gas, summer dockage, cleaning and detailing, and winter storage. 

  • Owned and operated for over forty years by the same family and located on the calm bay of St. Albans.



Greenwood is served by the Excelsior Fire District and the South Lake Minnetonka Police Department. Violent crime is essentially non existent in Greenwood and is safer than 80% of the cities nationwide.



Greenwood is located within the Minnetonka School District

  • Minnetonka School District is nationally recognized as one of the best school districts in the state.  24/7 Wall St. lists the Minnetonka School District as the best school district in Minnesota.

  •  It currently has 10,600 students enrolled in kindergarten through twelfth grade. The Minnetonka School District serves families in the Minnetonka, Chanhassen, Deephaven, Eden Prairie, Excelsior, Greenwood, Shorewood, Tonka Bay, Victoria and Woodland areas. 

  •  91% of Minnetonka High School students graduate are college bound and over 97% of the students who attend MHS graduate. 

  • ranks the Minnetonka School District #2 in Minnesota.

  • The Washington Post lists Minnetonka High School as one of America’s Most Challenging High Schools—ranked #4 in Minnesota and #278 nationally. 

  • U.S. News & World Report ranked Minnetonka High School #11 in Minnesota and #568 nationally.

  • The Minnetonka School District has six elementary schools including Spanish and Chinese immersion schools, two middle schools and one high school.  



  • Clear Springs Elementary

  • Deephaven Elementary

  • Excelsior Elementary

  • Groveland Elementary 

  • Minnewashta Elementary

  • Scenic Heights Elementary



  • Minnetonka Middle School East

  • Minnetonka Middle School West

  • Minnetonka High School

Greenwood residents would attend Deephaven Elementary, Minnetonka Middle School East and Minnetonka High School.


Regional Multiple Listing Service of Minnesota Logo The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Lakes Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Lakes Sotheby's International Realty is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Lakes Sotheby's International Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on January 26th, 2021 at 11:22am CST.