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185 W Lake Street, Excelsior, MN 55331

New Listing

$1,300,000

Located in the heart of Excelsior, this home sits just one block from Lake Minnetonka and a five-minute walk to the 13-acre Excelsior Commons and Port of Excelsior.

Virtual Tour

https://my.matterport.com/show/?m=48NvDjp58ES&mls=1

This is where lake weekends spill into golden-hour dinners, late-night laughs and mornings that start slow.

Steps away, historic downtown Excelsior delivers charming boutiques, restaurants, and ice cream shops.

Welcome to West Lake Street — refined living in the heart of Excelsior.

The primary bedroom strikes a rare balance — open and airy, yet cozy and comfortable.

The living room sets the tone with warm hardwood floors and an easy, open feel.

The dining room is spacious enough to host a full table of guests yet cozy enough for two, it catches the afternoon sun and invites the clink of glasses and the hum of conversation.

At the opposite end of the living room, this sun-filled sitting area framed by windows, offers a quieter place to unwind.

Sunset drinks, late summer dinners, and the easy blur between indoors and out — this is where lake weekends settle in.

A patio door draws in natural light and creates a seamless connection to the deck beyond, offering just enough of a glimpse of the outdoors to remind you that lake days and sunset cruises are never far away.

The kitchen offers generous counter space for preparing dinners after a day on the lake, arranging appetizers for summer gatherings, or hosting a leisurely weekend brunch.

Ample cabinets keep everything tucked away, keeping the room clean and uncluttered.

Thoughtfully designed to keep everyday life running smoothly — quietly and efficiently.

The dining room is where meals become moments.

Here, every meal feels intentional, elevated, and effortlessly connected to the rhythm of life in Excelsior.

Tucked just off the kitchen, this versatile office works perfectly as a quiet workspace.

Or it could easily be transformed into a stylish butler’s pantry for seamless entertaining.

Windows wrap the primary bedroom in natural light, creating a soft, welcoming atmosphere from morning through evening.

Serene, and effortlessly livable, it’s a retreat that feels both refined and restorative.

There’s plenty of room to create a true sanctuary — space for a comfortable chair by the window where you can unwind after a day on the lake or shopping around town.

This primary bath feels like a private wellness retreat.

Two vanities provide room to move through the morning with ease, while dedicated linen storage keeps everything organized and within reach.

A deep soaking tub offers a quiet place to unwind.

The steam shower delivers a restorative reset after sun-filled afternoons on the water. This space is perfectly designed to help you transition seamlessly from active, sun-filled days to relaxed evenings.

Wrapped in natural light, this upper level bedroom is an easy place to unplug at the end of the day.

The second upper level bedroom is perfect as a guest space, home gym, or creative retreat.

Bright and thoughtfully appointed, the shared upper-level bath offers a fresh, functional space designed to serve both bedrooms with ease and style.

The mudroom creates a clean transition from outside in — a dedicated drop zone that keeps shoes, bags, and lake-day gear organized

Thoughtfully placed on the main level, this powder room offers convenience for guests or for that last fit check before heading out the door.

This inviting extension of the main living space adds both flexibility and a comfortable place to step away without ever feeling disconnected from the rest of the home.

The lower level offers a spacious, comfortable setting that’s ready for anything.

There’s plenty of room to set up a game table for cards or puzzles.

It's a great space for friends to gather and enjoy appetizers and cocktails while watching the big game or or a quieter night in with your latest streaming obsession.

With a bedroom and bathroom on this level, it’s perfectly suited for hosting weekend guests who come to spend their days on the lake, their afternoons exploring Excelsior, and their evenings relaxing here.

This location is a seamless blend of lake life, recreation, and small-town charm.

This location a seamless blend of lake life, recreation, and small-town charm.

The nearby park offers two swimming beaches, tennis courts, ball fields, docks, and public excursion boat access for easy days on the water.

Summer comes alive at the Bandshell with concerts, food and drinks, and festive 4th of July celebrations — all best enjoyed with a blanket and lawn chairs in hand.

This home blends refined living with a front-row seat to everything that makes Excelsior so remarkable.

Walk to beaches, summer concerts at the Bandshell, Excelsior Commons, and charming downtown shops and restaurants.

This home offers a front-row vantage point just steps to Lake Minnetonka and downtown Excelsior.

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,444 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $1,300,000 List Date: 6/04/2026 Last Modified: 6/05/2026

Overview

Description

Located in the heart of Excelsior, just one block from Lake Minnetonka, this exceptional home offers a rare blend of refined living and an unbeatable in-town location. Thoughtfully designed for both everyday comfort and effortless entertaining, the home features warm hardwood floors, light-filled living spaces, and seamless indoor-outdoor flow. The well-appointed kitchen boasts generous counter space and abundant cabinetry, making it ideal for hosting gatherings or preparing meals after a day on the lake. A bright, window-wrapped primary suite provides a serene retreat, complemented by a spacious primary bath with dual vanities, a soaking tub, and a steam shower. The expansive lower level includes space for a game table or media area, along with a bedroom and bathroom — perfect for welcoming weekend guests who come to enjoy lake life and all that Excelsior has to offer. Just steps from Excelsior Commons and the Port of Excelsior, residents enjoy easy access to swimming beaches, park ... (Read more)

Open Houses

Sunday, June 7, 12:00 pm - 1:30 pm

Listing Details MLS# 7086273

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1407
Above Grd Total SqFt: 2368
Below Grd Total SqFt: 1076
Total SqFt: 3444
Total Finished Sqft: 3350.00
FireplaceYN: No
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1120
Garage Stalls: 2
Lot Dimensions: 117x67x109x82
Acres: 0.16
Assessment Pending: No
Number of Fireplaces: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Disposal; Microwave; Refrigerator; Washer Basement: Concrete Block; Drain Tiled; Egress Windows; Full; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Exterior: Cement Board Family Room Characteristics: 2 or More; Lower Level; Main Level Fencing: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Gas Dryer Hookup; Laundry Room; Main Level; Washer Hookup Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Main Floor Laundry; Primary Bdr Suite; Renovated Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 1300000
ListPrice: 1300000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 185
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

Tax With Assessments: 18302
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2368
Finished SqFt Below Ground: 982

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 696
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

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

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 315 AUDITOR'S SUBD. NO. 135 COM AT MOST SLY COR OF LOT 315 TH NWLY TO MOST WLY COR THEREOF TH NELY TO MOST NLY COR THEREOF TH SELY TO A PT IN THE SELY LINE THEREOF DIS 18.4 FT SWLY FROM MOST ELY COR TH SWLY TO BEG
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: 2205
Property ID Number: 2711723430014
Tax Year: 2025
Tax Amount: 18302
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Located in the heart of Excelsior, just one block from Lake Minnetonka, this exceptional home offers a rare blend of refined living and an unbeatable in-town location. Thoughtfully designed for both everyday comfort and effortless entertaining, the home features warm hardwood floors, light-filled living spaces, and seamless indoor-outdoor flow. The well-appointed kitchen boasts generous counter space and abundant cabinetry, making it ideal for hosting gatherings or preparing meals after a day on the lake. A bright, window-wrapped primary suite provides a serene retreat, complemented by a spacious primary bath with dual vanities, a soaking tub, and a steam shower. The expansive lower level includes space for a game table or media area, along with a bedroom and bathroom — perfect for welcoming weekend guests who come to enjoy lake life and all that Excelsior has to offer. Just steps from Excelsior Commons and the Port of Excelsior, residents enjoy easy access to swimming beaches, parks, public docks, and summer concerts at the Bandshell. A short walk brings you to historic downtown Excelsior, with its charming restaurants, boutique shopping, and iconic ice cream shops. Offering walkability, lake access, and a premier Excelsior address, this home delivers the quintessential Lake Minnetonka lifestyle. As an owner you’re eligible for a deeded boat slip, but be aware that there is a waiting list.
Directions: Hwy 7 West to 2nd St. Exit to 2nd St N to home.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Deck: Yes
Hardwood Floors: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Paneled Doors: Yes
Patio: Yes
Primary Bedroom Walk-In Closet: Yes
Tile Floors: Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Basement

Concrete Block: Yes
Drain Tiled: Yes
Egress Windows: Yes
Full: Yes
Sump Pump: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
3/4 Basement: Yes
Separate Tub & Shower: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes
Separate/Formal Dining Room: Yes

Exterior

Cement Board: Yes

Family Room Characteristics

2 or More: Yes
Lower Level: Yes
Main Level: Yes

Fencing

Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
In-Floor Heating: Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Deeded Access: Yes
Lake View: Yes

Laundry

Gas Dryer Hookup: Yes
Laundry Room: Yes
Main Level: Yes
Washer Hookup: Yes

Lot Description

Corner Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Patio: Yes
Porch: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes
Main Floor Laundry: Yes
Primary Bdr Suite: Yes
Renovated: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	15x11	Main
Family Room	15x11	Main
Family Room	23x15	Lower
First (1st) Bedroom	15x15	Upper
Fourth (4th) Bedroom	21x10	Lower
Foyer	15x7	Main
Kitchen	19x17	Main
Laundry	8x6	Main
Living Room	14x10	Main
Mud Room	17x8	Main
Office	10x6	Main
Second (2nd) Bedroom	17x9	Upper
Third (3rd) Bedroom	15x10	Upper

Listing Office: Edina Realty, Inc.

Last Updated: June - 05 - 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.