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Active NEW!
$649,900
/mo Edit
Single Family:  1 Story
2 br • 1 ba • Built 1915
741 sqft • 0.12 acres
MLS# 7027546
Open House
         11a - 1p
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    Property Description

    Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system. The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior. For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite. Whether you’re looking for a “cabin in the city, ” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.

    Listing

    Contingency: None
    Price per sq ft: $877
    City: Excelsior
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55331
    Subdivision Name: Auditors Sub 135

    Interior

    Living Area: 741 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Fireplace Details:
    • Free Standing
    • Wood Burning
    • Wood Burning Stove
    Basement Details:
    • Block
    • Daylight/Lookout Windows

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 741 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • Ceiling Fan(s)
    • Hardwood Floors
    • Kitchen Window
    • Natural Woodwork
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Frame
    Pool: None
    Roof Details:
    • Asphalt
    • Pitched

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Main Floor Full Bath
    Dining/Kitchen: Informal Dining Room
    Laundry: In Basement
    Main Level Size Sq Ft
    Deck  5 x 12  60 
    Dining Room  8 x 8  64 
    Bedroom  9 x 10  90 
    Kitchen  8 x 10  80 
    Living Room  10 x 14  140 
    Screened Porch  9 x 9  81 
    Bedroom 2  9 x 10  90 

    Lot & Land

    Acres: 0.12
    Geolocation: 44.906572, -93.568356
    Lot Dimensions: 37.5 x 132 x 39 x 132
    Zoning: Residential-Single Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 1246
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,463
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,463
    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.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.