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174 W Lake Street, Excelsior, MN 55331

$3,822,935

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,865 Lot Size (sq. ft.): 16,553 Status: Closed

Current Price: $3,822,935 List Date: 1/31/2025 Last Modified: 5/17/2026

Overview

Description

Classic lakeshore home in the heart of Excelsior! Panoramic views from nearly every room. This well-appointed home features center-island kitchen with breakfast bar. Dining room with two-sided fireplace, multiple gathering spaces including a wrap-around screened porch with miles of Lower Lake views to Big Island and beyond. Four bedrooms on the upper level including lakeside primary suite with luxury bath, and walk-in closet. Laundry rooms on both the upper and lower levels. Two-car attached garage and additional detached garage provides room for all the toys. Beautifully landscaped grounds with perennial gardens and several outdoor living spaces. Prime downtown Excelsior location – one of the few lakefront homes in town. Walk to restaurants, shopping, Commons Park and beach. Award-winning Minnetonka Schools.

Listing Details MLS# 6574890

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 77
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: 2
Main Floor Total SqFt: 1844
Above Grd Total SqFt: 3865
Below Grd Total SqFt: 1000
Total SqFt: 4865
Total Finished Sqft: 4080.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1844
Garage Stalls: 2
Lot Dimensions: 77x255x68x245
Acres: 0.38
Assessment Pending: No
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Dock; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Tile Floors Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Basement: Partially Finished Bath Description: Main Floor 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room Exterior: Brick/Stone; Cedar; Shakes Family Room Characteristics: 2 or More; Family Room; Main Level Financing Terms: Cash Fireplace Characteristics: 2-Sided; Gas Burning; Living Room; Other Foundation: Other Fuel: Natural Gas Heating: Forced Air Lake Details: Excellent Sand Laundry: Laundry Room; Lower Level; Sink; Upper Level Lot Description: Irregular Lot; Tree Coverage - Medium Outbuildings: Additional Garage Parking Characteristics: Multiple Garages; Garage Door Opener Roof: Asphalt Shingles Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level Stories: Two Water: City Water/Connected Waterfront View: Panoramic

Contract Information

Off Market Date: 2025-03-24
Contingency: None
Closed Date: 2025-05-16
Original List Price: 3995000
Sales Close Price: 3822935
ListPrice: 3895000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 174
Street Direction Prefix: W
Street Name: Lake
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Auditors Sub 135

Assessments

Assessment Balance: 52.35
Tax With Assessments: 45845

Building Information

Finished SqFt Above Ground: 3865
Finished SqFt Below Ground: 215

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113
Excellent Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 23 x 23
Garage Square Feet: 529
Multiple Garages: Yes
Garage Door Opener: Yes

Public Survey Info

Range#: 23
Section#: 27
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 091 AUDITOR'S SUBD. NO. 135 THAT PART OF LOTS 91 AND 92 LYING SWLY OF A LINE DESC AS COM AT MOST SLY COR OF LOT 91 TH ON AN ASSUMED BEARING OF N 51 DEG 44 MIN E ALONG SELY LINE THOF 70 FT TO ACTUAL PT OF BEG OF LINE BEING DESC TH N 32 DEG 19 MIN W ALONG A LINE PAR WITH SWLY LINE OF SAID LOT 91 DIS 36.15 FT TH S 57 DEG 21 MIN W 2.57 FT TH N 34 DEG 49 MIN 20 SEC W 26.87 FT TH N 33 DEG 09 MIN 05 SEC W 38.23 FT TH N 31 DEG 59 MIN 05 SEC W 35.14 FT TH N 46 DEG 24 MIN W 0.61 FT TH N 29 DEG 04 MIN W 40 FT TH N 57 DEG 21 MIN E 1.16 FT TH N 30 DEG 09 MIN 20 SEC W 51.68 FT TH N 32 DEG 39 MIN W TO SHORE OF LAKE MTKA AND THERE TERMINATING
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: 1744
Property ID Number: 2711723430018
Tax Year: 2024
Tax Amount: 45793
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Classic lakeshore home in the heart of Excelsior! Panoramic views from nearly every room. This well-appointed home features center-island kitchen with breakfast bar. Dining room with two-sided fireplace, multiple gathering spaces including a wrap-around screened porch with miles of Lower Lake views to Big Island and beyond. Four bedrooms on the upper level including lakeside primary suite with luxury bath, and walk-in closet. Laundry rooms on both the upper and lower levels. Two-car attached garage and additional detached garage provides room for all the toys. Beautifully landscaped grounds with perennial gardens and several outdoor living spaces. Prime downtown Excelsior location – one of the few lakefront homes in town. Walk to restaurants, shopping, Commons Park and beach. Award-winning Minnetonka Schools.
Directions: Water St to 2nd St, Right on West Lake St, Home is on the left.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Deck: Yes
Dock: Yes
French Doors: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Panoramic View: Yes
Patio: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Tile Floors: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Partially Finished: Yes

Bath Description

Main Floor 3/4 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
3/4 Basement: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Bar: Yes
Eat In Kitchen: Yes
Informal Dining Room: Yes
Kitchen/Dining Room: Yes

Exterior

Brick/Stone: Yes
Cedar: Yes
Shakes: Yes

Family Room Characteristics

2 or More: Yes
Family Room: Yes
Main Level: Yes

Financing Terms

Cash: Yes

Fireplace Characteristics

2-Sided: Yes
Gas Burning: Yes
Living Room: Yes
Other: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Room: Yes
Lower Level: Yes
Sink: Yes
Upper Level: Yes

Lot Description

Irregular Lot: Yes
Tree Coverage - Medium: Yes

Outbuildings

Additional Garage: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes
Porch: Yes
Rear Porch: Yes
Screened: Yes
Wrap Around: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Special Search

2nd Floor Laundry: Yes
3 BR on One Level: Yes
4 BR on One Level: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Waterfront View

Panoramic: Yes

Room Information

Room Name	Dimensions	Level
Second (2nd) Bedroom	10 x 12	Upper
Third (3rd) Bedroom	16 x 19	Upper
Screened Porch	20 x 17	Main
First (1st) Bedroom	13 x 15	Upper
Laundry	7 x 7	Upper
Laundry	14 x 10	Lower
Fourth (4th) Bedroom	12 x 18	Upper
Sitting Room	11 x 10	Upper
Sitting Room	18 x 10	Main
Living Room	14 x 18	Main
Dining Room	18 x 13	Main
Family Room	13 x 18	Main
Kitchen	20 x 18	Main

Listing Office: Coldwell Banker Realty

Last Updated: May - 17 - 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.