Description
Rare redevelopment opportunity on 1st Street - the gem of all the streets in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities.Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. Bring your builder, your vision, and create something exceptional in Excelsior.
Details
| MLS # | 7122163 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 7 |
| Listing Provided By | Compass | Christopher J Dennis |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,316 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Residential-Single Family |
| Acreage | 0.06 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
Exterior
| Roof | Asphalt, Pitched |
|---|---|
| Construction Materials | Frame |
Parking
| Parking Features | Gravel, Asphalt, Driveway - Other Surface |
|---|
Taxes
| Property | 5631 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Excelsior |
| Zip Code | 55331 |
| Community Name | Auditors Sub 135 |
| School District | 276 |
| High School | Minnetonka |
| Listing VS Median (in Auditors Sub 135) | |
Price: $599,900 low | high Med: $1,000,000 sqft: 2,316 low | high Med: 3,073 $ / sqft: $259 low | high Med: $325 On site: 7 low | high Med: 43.5 | |
Market Activity 55331
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 24, 2026 at 11:06:20 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Excelsior |
| Zip Code | 55331 |
| Community Name | Auditors Sub 135 |
| School District | 276 |
| High School | Minnetonka |
| Listing VS Median (in Auditors Sub 135) | |
Price: $599,900 low | high Med: $1,000,000 sqft: 2,316 low | high Med: 3,073 $ / sqft: $259 low | high Med: $325 On site: 7 low | high Med: 43.5 | |
 | $1,300,000150 1st StreetExcelsior, MN 55331 |
 | $1,290,0006 1st StreetExcelsior, MN 55331 |