For Sale: Excelsior MLS# 7042631
Active
NEW!
$8,000,000
Single Family: 2 Stories
5 br • 5 ba • Built 2026
3,800 sqft • 0.63 acres
MLS# 7042631
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Property Description
The price for the lot is $4, 995, 000. The photos of the home are AI-generated renderings to provide a sense of what could be built on this property. The total package price starts at $8M. This is a premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped shoreline. Free from builder restrictions, this exceptional property offers the flexibility to bring your own architect and builder to design a custom home tailored to your vision. A rare opportunity for luxurious living on Lake Minnetonka, this stunning .63 acre property has been perfectly graded and features a manicured lawn with panoramic views in an idyllic, peaceful setting. Nestled on the end of a quiet street with a neighborhood park and walking trail, you will enjoy easy access to the LRT Trail, which stretches over 15 miles and offers scenic views of Lake Minnetonka along the way. Just a 1-mile walk from the charming Village of Excelsior, enjoy all the boutiques, chef-driven restaurants, Library, Brewery and the upscale Kowalski’s grocery store. The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park throughout the summer. Excelsior is host to year-round community events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs all year long. This is an incredible opportunity to build your dream home in an unbeatable location in the demand Minnetonka School District. This property is shown by appointment only – please no site visits without having an approved showing. Please note the dock will stay with the property however, the boathouse, boat lift, and kayak lift do not convey.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$8,000,000
Price per sq ft:
$2,105
Property Type:
Single Family
City:
Excelsior
Garage Spaces:
3
County:
Hennepin
Year Built:
2026
State:
MN
Property Style:
2 Stories
Zip Code:
55331
Interior
Bedrooms:
5
Bathrooms:
5
Finished Area:
3,800 ft2
Total Fireplaces:
2
Living Area:
3,800 ft2
Common Wall:
No
Basement Details:
- Egress Window(s)
- Full
Exterior
Stories:
Two
Garage Spaces:
3
Garage Size:
740 ft2
Air Conditioning:
Central Air
Foundation Size:
2,100 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Attached Garage
Road Frontage:
- City Street
- No Outlet/Dead End
- Paved Streets
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
1
3/4 Baths:
2
Lake & Waterfront
Waterfront View:
Lake, North, Panoramic, West
WF Frontage:
199
Elev Highpt to WF feet:
0-4
Waterfront:
Lake Front
Lake Bottom:
- Hard
- Sand
Lot & Land
Acres:
0.63
Geolocation:
44.914344, -93.556329
Lot Dimensions:
199.5L x 152 x 167 x 152
Zoning:
Residential-Single Family
Lot Description:
- Accessible Shoreline
- Irregular Lot
- Tree Coverage - Medium
- Underground Utilities
Schools
School District:
1246
District Phone:
9524015000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$46,861
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$46,861
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Water System:
Well
Power Company Name:
Xcel Energy
Mortgage Calculator
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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.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.