$5,750,000
Excelsior, MN 55331
MLS# 7080605
4 beds | 4 baths | 4698 sqft

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Property Description
One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $5,750,000
Original List Price: 5750000
ListPrice: 5750000
List Date: 2026-05-29
Office/Member Info
Association: SPAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Road Btwn WF & Home?: No
Waterfront Frontage: 240
Year Built: 1918
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: Irregular
Acres: 0.4
Bath Three Quarters: 1
Bath Half: 1
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 1587
Above Grd Total SqFt: 3111
Below Grd Total SqFt: 1587
Total Finished Sqft: 3616.00
FireplaceYN: Yes
Foundation Size: 1587
Style: (SF) Single Family
Garage Stalls: 2
Association Fee: 0
Assessment Pending: No
Bedrooms: 4
Baths Total: 4
Bath Full: 2
Total SqFt: 4698
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 195 AUDITOR'S SUBD. NO. 141
Listing City: Excelsior
Map Page: 117
Municipality: Excelsior
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 8790
Property ID Number: 2611723320010
Tax Year: 2025
Tax Amount: 29533
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.
Directions: Minnetonka Blvd to Meadville to home.
Accessible
None: 1
Acreage Information
Pasture Acres: 0
Tillable Acres: 0
Wooded Acres: 0
Air Conditioning
Central Air: 1
Amenities Unit
Deck: 1
Dock: 1
Hardwood Floors: 1
Kitchen Window: 1
Paneled Doors: 1
Panoramic View: 1
Patio: 1
Primary Bedroom Walk-In Closet: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 29533
Assumable Loan
Not Assumable: 1
Basement
Concrete Block: 1
Full: 1
Sump Pump: 1
Bath Description
Main Floor Full Bath: 1
Upper Level 3/4 Bath: 1
Upper Level Full Bath: 1
Private Primary: 1
1/2 Basement: 1
Bathroom Ensuite: 1
Building Information
Finished SqFt Above Ground: 3111
Finished SqFt Below Ground: 505
Construction Materials
Block: 1
Construction Status
Previously Owned: 1
Dining Room Description
Informal Dining Room: 1
Separate/Formal Dining Room: 1
Electric
Circuit Breakers: 1
Elevation Highpoint to Waterfront Slope
Gradual: 1
Exterior
Shakes: 1
Family Room Characteristics
Family Room: 1
Main Level: 1
Fireplace Characteristics
Family Room: 1
Stone: 1
Wood Burning: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Laundry
Laundry Room: 1
Sink: 1
Upper Level: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Island/Peninsula: 1
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 20 x 23
Garage Square Feet: 460
Garage Door Opener: 1
Storage: 1
Pool Description
None: 1
Public Survey Info
Range#: 23
Section#: 26
Township#: 117
Road Responsibility
Public Maintained Road: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Water
Well: 1
Waterfront View
Bay: 1
Lake: 1
Panoramic: 1
North: 1
South: 1
West: 1
Location Tax and Other Information
House Number: 5150
Street Name: Meadville
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Auditors Sub 141
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Deck; Dock; Hardwood Floors; Kitchen Window; Paneled Doors; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Washer/Dryer Hookup; Wet Bar
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Assumable Loan: Not Assumable
Basement: Concrete Block; Full; Sump Pump
Bath Description: Main Floor Full Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Private Primary; 1/2 Basement; Bathroom Ensuite
Construction Materials: Block
Construction Status: Previously Owned
Dining Room Description: Informal Dining Room; Separate/Formal Dining Room
Electric: Circuit Breakers
Elevation Highpoint to Waterfront Slope: Gradual
Exterior: Shakes
Family Room Characteristics: Family Room; Main Level
Fireplace Characteristics: Family Room; Stone; Wood Burning
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Lake Details: Sand
Laundry: Laundry Room; Sink; Upper Level
Lot Description: Accessible Shoreline; Island/Peninsula; Tree Coverage - Medium
Parking Characteristics: Garage Door Opener; Storage
Pool Description: None
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: Two
Water: Well
Waterfront View: Bay; Lake; Panoramic; North; South; West
Room Information
| Room Name | Dimensions | Level |
| Amusement Room | 17x14 | Lower |
| Dining Room | 15x9 | Main |
| Family Room | 35x12 | Main |
| First (1st) Bedroom | 15x10 | Main |
| Flex Room | 11x9 | Lower |
| Fourth (4th) Bedroom | 16x15 | Upper |
| Kitchen | 22x9 | Main |
| Living Room | 26x14 | Main |
| Second (2nd) Bedroom | 23x13 | Upper |
| Third (3rd) Bedroom | 16x17 | Upper |
Listing Office: RE/MAX Advantage Plus
Last Updated: June - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
