Back 4940 Suburban Drive
Off Market

4940 Suburban Drive

Excelsior MN 55331

4
4
2
3938 sq. ft.
0.67 ac.
Single-Family
Last sold for $1,740,000
Cody SmithCody Smith, last sold this property on 06 August 2026 after 29 days on market.

Overview

Welcome to 4940 Suburban Drive, a beautifully maintained one-owner home nestled on a .67 acre lot in the heart of Deephaven. Offering the perfect blend of comfort, charm, and privacy, this exceptional property is your own private oasis. The meticulously landscaped grounds feature a professionally manicured lawn, mature trees, and a sparkling in-ground pool, creating an ideal setting for relaxing or entertaining all summer long. Car enthusiasts and hobbyists will appreciate the oversized two-car garage, complete with heating, air conditioning, epoxy floors, and premium built-in cabinetry for year-round comfort and organization. Inside, the open-concept gourmet kitchen is designed for gathering, showcasing high-end cabinetry and a stunning walnut center island that serves as the heart of the home. The spacious layout flows effortlessly into the main living areas, making it perfect for everyday living and entertaining. Upstairs, you'll find three bedrooms on the same level, including a spacious primary suite with a walk-in closet featuring custom built-in cabinetry. The recently remodeled ensuite bath offers luxurious in-floor heat, a large soaking tub, and peaceful views of the beautifully landscaped backyard. The walkout lower level includes a full wet bar and kitchenette, making it the perfect space for entertaining guests or serving refreshments during poolside gatherings. Lovingly cared for by its original owner, this charming Deephaven home offers timeless appeal, thoughtful updates, and an unbeatable setting. Come experience everything 4940 Suburban Drive has to offer!

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3938 sq. ft. floor area
0.67 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Excelsior over the last 12 months, the estimated median property value of 4940 Suburban Drive is $852.5k.

Median value
$852.5k
Estimated value range
$425k - $5.44m
Median days on market
16
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Excelsior. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4940 Suburban Drive

2026
Sold
$1,740,000
06 Aug 2026 by Cody Smith, of LPT Realty, LLC

Happy sellers in Excelsior

88%
88% of sellers in Excelsior reported that their sale price either exceeded or met their price expectations.

Excelsior stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Excelsior over the last 12 months.

Local market activity for 4 bedroom single-family properties in Excelsior

In the last 12 months, 98 four-bedroom single-family properties similar to 4940 Suburban Drive, have been sold.

This represents a 25% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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