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Active NEW!
$825,000
/mo Edit
Single Family:  2 Stories
4 br • 3 ba • Built 1920
1,531 sqft • 0.2 acres
Minnetonka schools
MLS# 7057500
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    Property Description

    A rare opportunity to reimagine, renovate, or build new in one of Excelsior’s most sought-after locations. Positioned just one street from the Port of Excelsior with stunning lake views and the shores of Lake Minnetonka just steps away, the setting alone makes this an exceptional offering. The property offers incredible flexibility whether you choose to bring your own vision to life, move forward with the fully approved proposed plans, or start fresh with a custom new build tailored to your exact specifications. The current residence features a functional 4-bed, 3-bath layout with hardwood floors, abundant natural light, spacious living areas, and walkout access to back deck. A main-level bedroom paired with a nearby full bathroom offers added convenience and flexibility for guests, office space, or everyday living. Upstairs includes three bedrooms plus a flexible den/office space, while the walkout lower level adds additional living space, 3/4 bathroom, and storage versatility. An easement has already been secured for a future driveway and garage addition, significantly enhancing both value and usability! What truly sets this property apart is the extensive redevelopment groundwork already completed. Fully approved plans, variances, design review, architectural drawings, MEP plans, and curated finish selections are included if desired, creating a streamlined, permit-ready opportunity in a premier Excelsior setting!

    Listing

    Contingency: None
    Price per sq ft: $539
    City: Excelsior
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55331
    Subdivision Name: Auditors Sub 135

    Interior

    Living Area: 1,531 ft2
    Common Wall: No
    Appliances Included:
    • Chandelier
    • Dishwasher
    • Dryer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Fireplace Details:
    • Brick
    • Wood Burning
    Basement Details:
    • Full
    • Unfinished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 806 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • Hardwood Floors
    • Kitchen Window
    • Sun Room
    • Walk-In Closet
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Main Floor Full Bath
    • Shower Only
    • Upper Level Full Bath
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Informal Dining Room
    • Living/Dining Room
    Laundry:
    • Lower Level
    • Sink
    Upper Level Size Sq Ft
    Bedroom 4  14 x 11  154 
    Office  11 x 5  55 
    Bedroom 2  15 x 11  165 
    Bedroom 3  15 x 9  135 
    Main Level Size Sq Ft
    Dining Room  9 x 8  72 
    Bedroom  12 x 10  120 
    Kitchen  15 x 10  150 
    Living Room  27 x 11  297 
    Sun Room  22 x 8  176 

    Lake & Waterfront

    Waterfront Present: N
    Waterfront View: Lake
    Waterfront: Lake View

    Lot & Land

    Acres: 0.2
    Geolocation: 44.9047753956, -93.5667292
    Lot Dimensions: 50 X 177
    Zoning: Residential-Single Family
    Lot Description: Irregular Lot

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,430
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,430
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.