254 Lake Street, Excelsior, MN 55331
$4,995,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$4,995,000
List Date:
4/20/2026
Last Modified:
5/03/2026
Listing Details MLS# 7058891
General Property Information
- Common Wall
- No
- Lot Measurement
- Acres
- Manufactured Home?
- No
- Multiple PIDs?
- No
- New Development
- No
- Number of Fireplaces
- 2
- Waterfront Present
- No
- Year Built
- 2024
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Bath Full
- Yes
- Bath Three Quarters
- 2
- Bath Half
- Yes
- Total Finished Sqft
- 4661.00
- FireplaceYN
- Yes
- Lake/Waterfront Name
- Minnetonka
- Style
- (SF) Single Family
- Foundation Size
- 1766
- Garage Stalls
- 2
- Lot Dimensions
- Irregular
- Acres
- 0.16
- Assessment Pending
- No
- Bath Quarter
- 0
- Main Floor Total SqFt
- 0
- Above Grd Total SqFt
- 0
- Below Grd Total SqFt
- 0
- Association Fee
- 0
Property Features
Accessible:
None
Air Conditioning:
Central Air
Amenities Unit:
Exercise Room; Hardwood Floors; Hot Tub; Kitchen Center Island; Kitchen Window; Panoramic View; Primary Bedroom Walk-In Closet; Sauna; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar
Appliances:
Chandelier; Dishwasher; Dryer; Microwave; Refrigerator; Washer
Basement:
Full
Bath Description:
Sauna; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary
Construction Status:
Completed New Construction
Dining Room Description:
Informal Dining Room
Exterior:
Other
Family Room Characteristics:
Lower Level; Main Level
Fireplace Characteristics:
Family Room
Foundation:
Other
Fuel:
Natural Gas
Heating:
Forced Air; In-Floor Heating
Laundry:
Upper Level
Parking Characteristics:
Heated Garage; Insulated Garage
Pool Description:
Below Ground; Heated
Roof:
Age 8 Years or Less
Sewer:
City Sewer/Connected
Special Search:
3 BR on One Level; Primary Bdr Suite
Stories:
Two
Water:
City Water/Connected
Contract Information
- Contingency
- None
- Original List Price
- 4995000
- ListPrice
- 4995000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 254
- Street Name
- Lake
- Street Suffix
- Street
- Postal City
- Excelsior
- County
- Hennepin
- State
- MN
- Zip Code
- 55331
- Complex/Dev/Subdivision
- Seamans Sub Of Lts 7 & 8 Excelsior
Assessments
- Tax With Assessments
- 14117
- Assessment Balance
- 0
- Assessment Installment
- 0
Building Information
- Finished SqFt Above Ground
- 2983
- Finished SqFt Below Ground
- 1678
More Information
Lake Details
- Lake Acres
- 14205
- Lake Depth
- 113
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 34
- Township#
- 117
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- LOT 003 SEAMANS SUBD OF LOTS 7 & 8 EXCELSIOR EX ALLEY
- 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
- 1756
- Property ID Number
- 3411723110134
- Tax Year
- 2026
- Tax Amount
- 14117
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Breathtaking Peter Eskuche + Mikan collaboration offering the highest level of finish throughout this completed new construction masterpiece! Enjoy the stunning architectural details and open flowing floorplan offering walls of windows showcasing gorgeous views overlooking Excelsior Bay. The main-level features light + bright spaces; gourmet kitchen with high-end appliances, coffee bar, prep area and walk-in pantry. Spacious family room with sliding glass doors that open to the large porch with phantom screens + electronic pergola, dipping pool/hot tub and unmatched water views, creating the perfect blend of indoor + outdoor living! The upper-level offers a loft with built-ins and beverage fridge; bonus room with fireplace + lake views; office area; two guest bedrooms and spacious primary suite with spa-like bathroom (heated floors)! Lower-level featuring unparalleled amenities including the large family room + game area; wet bar with beverage fridges; exercise room; sauna and golf simulator. Extra-deep 2-car garage (heated, sink, water spigot). Ideally located in the heart of Excelsior just steps to shops, restaurants and all the amenities downtown has to offer! Truly a must see!
- Directions
- Water Street to left on Lake Street to home. Garage access is off alley behind the house!
Accessible
- None
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Unit
- Exercise Room
- Yes
- Hardwood Floors
- Yes
- Hot Tub
- Yes
- Kitchen Center Island
- Yes
- Kitchen Window
- Yes
- Panoramic View
- Yes
- Primary Bedroom Walk-In Closet
- Yes
- Sauna
- Yes
- Tile Floors
- Yes
- Vaulted Ceiling(s)
- Yes
- Walk-In Closet
- Yes
- Washer/Dryer Hookup
- Yes
- Wet Bar
- Yes
Appliances
- Chandelier
- Yes
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Basement
- Full
- Yes
Bath Description
- Sauna
- Yes
- Main Floor 1/2 Bath
- Yes
- Upper Level Full Bath
- Yes
- Full Primary
- Yes
- Private Primary
- Yes
- Basement
- Yes
Construction Status
- Completed New Construction
- Yes
Dining Room Description
- Informal Dining Room
- Yes
Exterior
- Other
- Yes
Family Room Characteristics
- Lower Level
- Yes
- Main Level
- Yes
Fireplace Characteristics
- Family Room
- Yes
Foundation
- Other
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
- In-Floor Heating
- Yes
Insurance Fee
- Insurance Fee
- 0
Lake/Waterfront
- Lake View
- Yes
Laundry
- Upper Level
- Yes
Parking Characteristics
- Heated Garage
- Yes
- Insulated Garage
- Yes
Patio, Porch and Deck Features
- Covered
- Yes
- Patio
- Yes
- Screened
- Yes
Pool Description
- Below Ground
- Yes
- Heated
- Yes
Roof
- Age 8 Years or Less
- Yes
Sewer
- City Sewer/Connected
- Yes
Special Search
- 3 BR on One Level
- Yes
- Primary Bdr Suite
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
Room Information
| Room Name | Dimensions | Level |
|---|---|---|
| Amusement Room | 18 x 15 | Lower |
| Bar/Wet Bar Room | 16 x 6 | Lower |
| Bonus Room | 18 x 16 | Upper |
| Exercise Room | 13 x 10 | Lower |
| Family Room | 18 X 17 | Main |
| Family Room | 19 x 16 | Lower |
| First (1st) Bedroom | 15 x 14.5 | Upper |
| Fourth (4th) Bedroom | 15 x 12 | Lower |
| Informal Dining Room | 15 X 11 | Main |
| Kitchen | 17 X 13 | Main |
| Screened Porch | 16 x 17 | Main |
| Second (2nd) Bedroom | 16 x 8 | Upper |
| Third (3rd) Bedroom | 16 x 8 | Upper |
Documents
Property Features ›
Listing Office:
Coldwell Banker Realty
Last Updated: May - 03 - 2026
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