Greenwood Homes for Sale

Greenwood is a charming city located in the state of Minnesota. Nestled in the heart of the Midwest, Greenwood offers a peaceful and idyllic setting for residents to call home. With its close proximity to nature, friendly community, and range of amenities, it's no wonder why people are drawn to this area.

When it comes to homes for sale in Greenwood, there is something to suit every taste and budget. Whether you're looking for a cozy cottage, a spacious family home, or a modern apartment, you'll find a variety of options to choose from. The real estate market in Greenwood is vibrant, with a mix of older, well-established properties and new developments.

Greenwood boasts a strong sense of community, with residents taking pride in their city. The area offers excellent schools, parks, and recreational facilities, making it an ideal place for families. The city also has a thriving downtown area, with a range of shops, restaurants, and entertainment options to explore.

One of the standout features of Greenwood is its natural beauty. The city is surrounded by lush forests, sparkling lakes, and scenic hiking trails. Outdoor enthusiasts will find plenty of opportunities for fishing, boating, and camping in the nearby parks and lakes.

If you're considering a move to Greenwood, you'll be welcomed into a tight-knit community that values a high quality of life and a strong sense of belonging. With its beautiful surroundings, range of housing options, and friendly atmosphere, Greenwood is a city that truly has it all.

Newest Greenwood Homes for Sale

$1,995,000

5 Beds ⋅ 3 Baths ⋅ 7113886 MLS

Introducing 5140 Greenwood Circle in Greenwood, Minnesota. Exceptional craftsmanship and timeless renovations define this remarkable lake community residence overlooking the tranquil waters of Saint Albans Bay on Lake Minnetonka. Featuring five bedrooms and three bathrooms, this home showcases soaring vaulted ceilings, striking timber-frame architecture, and thoughtfully designed living spaces that seamlessly blend elegance with comfort. The newly remodeled kitchen is a chef's dream, complete with Thermador appliances, Cambria countertops, and custom cabinetry. Adjacent to the kitchen is the inviting hearth room with gas fireplace, providing the perfect place to unwind, while the sunroom captures panoramic lake views in every season. The luxurious main-level primary bedroom suite serves as a private retreat, offering a spa-inspired bathroom with a new bathtub, heated floors, expansive dressing room, and direct access to the spacious hardwood deck. Accessible from the living room, sunroom, and primary suite, the deck overlooks the sparkling waters of Saint Albans Bay, creating an idyllic setting for sunset gatherings. The newly added screened-in porch is the perfect backyard retreat. Two additional bedrooms complete the main floor. The walkout lower level features a generous family room with a gas fireplace, wet bar, and two additional bedrooms for hosting family and friends. Outside, manicured grounds surround the 0.34-acre lot. Rich in history, the property occupies the former grounds of the historic Greenwood Hotel, with the original stone retaining wall still intact. Perfectly positioned to offer peaceful views while remaining just minutes from the charming shops, restaurants, and amenities of downtown Excelsior, this exceptional property delivers an unparalleled Lake Minnetonka lifestyle. An extensive list of home improvements is available upon request.

5140 Greenwood Circle, Greenwood

Listing courtesy of Compass.

$569,900

3 Beds ⋅ 2 Baths ⋅ 7061367 MLS

Wake up to beautiful Mead Lake views and spend your days enjoying everything lake life has to offer. From boating, fishing, kayaking, and paddleboarding in the summer to snowmobiling and ATV adventures throughout the year, this property is perfectly situated for those who love the outdoors. This beautifully maintained 1.5-story home offers 3 bedrooms, 2 bathrooms, a loft, open-concept living, and convenient main-floor laundry. Large windows capture scenic water views, creating a warm and inviting atmosphere throughout the home. Quality craftsmanship is evident with cherry trim, alder doors, a hickory accent wall, and new maple hardwood kitchen cabinets (2024). A new radiant boiler (2025) adds efficiency and comfort for every season. Step outside to enjoy morning coffee overlooking the lake, spend evenings entertaining on the patio, and gather around the lakeside firepit while watching unforgettable sunsets. The heated attached garage, workshop, and two storage sheds provide plenty of space for vehicles, tools, and recreational equipment. Located near over 100,000 acres of county forest land, this property also offers direct access to ATV and snowmobile trails, making it an exceptional destination in every season. Whether you're looking for a year-round residence or the perfect lake getaway, this Mead Lake home offers the lifestyle you've been searching for. Schedule your private showing today!

W8895 North Lake Road, Greenwood

Listing courtesy of Woods & Water Realty Inc..

$3,195,000

5 Beds ⋅ 6 Baths ⋅ 6811591 MLS

Beautiful site in prime Greenwood location. Walk or bike to downtown excelsior or cottagewood. Award winning Minnetonka schools and across the street from Lake Minnetonka lies this gorgeous, wooded site. Construction is just starting on this custom design featuring a dramatic main level with 20' vaulted and beamed ceilings plus all main level living. This charming cottage inspired design fits well in the area and character abounds in every detail. At nearly 6000 square feet this home is well designed for all your needs including 3 spacious bedroom suites upstairs plus a bonus room, upstairs laundry and loft overlooking the main level. The main level features an amazing primary suite with luxury spa like bath, spacious open kitchen designed for entertaining plus an amazing back scullery that is perfect for prep. The main level also features a front office, well designed mudroom with storage plus a main level laundry facility. Enjoy the outdoors on the vaulted porch equipped with stone fireplace and maintenance free deck leading to the backyard. The expansive lower level has everything covered including a large wet bar with seating, plus a theater room, step down golf simulator area, exercise room and 5th bedroom suite. Still time to influence the interior design elements with our staff designer. Home is estimated to be complete spring/summer 2026. See our model at 638 Gardner street for similar design details.

21735 Fairview Street, Greenwood

Listing courtesy of RE/MAX Results.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.