278 W Lake Street, Excelsior, MN 55331

$2,500,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,182 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $2,500,000 List Date: 4/11/2023 Last Modified: 8/07/2025

Overview

Description

Outstanding home in the heart of Excelsior! Thoughtfully constructed for today’s lifestyle offering a wonderful blend of textures and a modern, coastal feel. Enjoy gorgeous west facing views of Lake Minnetonka and the conveniences that charming downtown Excelsior has to offer. This 2-story Stonewood built home, designed by Kathy Alexander from Alexander Design Group, offers top of the line fit & finish throughout including a Chef’s kitchen with Subzero and Wolf appliances, and custom cabinetry with draw organizers and soft close hinges. There are wide plank white oak floors throughout most of the home, Marvin Elevate windows, and top of the line lighting and plumbing fixtures. The garage is heated with floor drains and has a dog wash station. Excellent curb appeal with a front porch and back deck constructed of Ipea, Hardie Board siding and a Blue Stone front walkway and backyard patio. This home has it all; you won’t want to change a thing!

Listing Details MLS# 6344602

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
No
Year Built
2021
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1332
Above Grd Total SqFt
2850
Below Grd Total SqFt
1332
Total SqFt
4182
Total Finished Sqft
3623.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1332
Power Company
Xcel Energy
Garage Stalls
2
Lot Dimensions
100 x 110 x 79 x 100
Acres
0.21
# Carport Spaces
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Amenities Unit: Cable; Ceiling Fan(s); Deck; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Paneled Doors; Panoramic View; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Gas Water Heater; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Drain Tiled; Storage Space; Sump Pump Bath Description: Full Jack & Jill; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Living/Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Cement Board Family Room Characteristics: Great Room; Loft; Main Level Fencing: None Financing Terms: Cash Fireplace Characteristics: Family Room; Gas Burning Fuel: Natural Gas Heating: Forced Air; In-Floor Heating; Zoned Internet Options: Cable Laundry: Gas Dryer Hookup; Laundry Room; Lower Level; Sink; Upper Level Lot Description: Corner Lot; Tree Coverage - Medium Parking Characteristics: Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Storage Pool Description: None Road Frontage: City Street; Paved Streets; Sidewalks; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level Stories: Two Water: City Water/Connected Waterfront View: Bay; Lake; West

Contract Information

Off Market Date
2023-04-15
Contingency
None
Closed Date
2023-06-27
Original List Price
2499000
Sales Close Price
2500000
ListPrice
2499000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
278
Street Direction Prefix
W
Street Name
Lake
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Bells Sub Lts 61 62 & 63 Excelsior

Building Information

Finished SqFt Above Ground
2850
Finished SqFt Below Ground
773

Lake Details

Lake Acres
14205
Lake Depth
113

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22 x 23
Garage Square Feet
506
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Storage
Yes

Public Survey Info

Range#
23
Section#
34
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
BELLS SUBD LOTS 61 62 & 63 EXCELSIOR SELY 100 FT FRONT AND REAR OF LOTS 6 AND 7
Listing City
Excelsior
Map Page
117
Municipality
Excelsior
Rental License?
No
School District
Minnetonka
School District Phone
952-401-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
1756
Property ID Number
3411723120047
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Outstanding home in the heart of Excelsior! Thoughtfully constructed for today’s lifestyle offering a wonderful blend of textures and a modern, coastal feel. Enjoy gorgeous west facing views of Lake Minnetonka and the conveniences that charming downtown Excelsior has to offer. This 2-story Stonewood built home, designed by Kathy Alexander from Alexander Design Group, offers top of the line fit & finish throughout including a Chef’s kitchen with Subzero and Wolf appliances, and custom cabinetry with draw organizers and soft close hinges. There are wide plank white oak floors throughout most of the home, Marvin Elevate windows, and top of the line lighting and plumbing fixtures. The garage is heated with floor drains and has a dog wash station. Excellent curb appeal with a front porch and back deck constructed of Ipea, Hardie Board siding and a Blue Stone front walkway and backyard patio. This home has it all; you won’t want to change a thing!
Directions
Hwy 7 to 2nd street Exit in Excelsior. 2nd Street to West Lake Street to home.

Accessible

None
Yes

Acreage Information

Pasture Acres
0
Tillable Acres
0
Wooded Acres
0

Air Conditioning

Central Air
Yes
Zoned
Yes

Amenities Unit

Cable
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Paneled Doors
Yes
Panoramic View
Yes
Primary Bedroom Walk-In Closet
Yes
Security System
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Air-To-Air Exchanger
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Gas Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Drain Tiled
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Full Jack & Jill
Yes
Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes
Walk-In Shower Stall
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Living/Dining Room
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Exterior

Cement Board
Yes

Family Room Characteristics

Great Room
Yes
Loft
Yes
Main Level
Yes

Fencing

None
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes
Zoned
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes

Laundry

Gas Dryer Hookup
Yes
Laundry Room
Yes
Lower Level
Yes
Sink
Yes
Upper Level
Yes

Lot Description

Corner Lot
Yes
Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Deck
Yes
Front Porch
Yes
Patio
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
3 BR on One Level
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Bay
Yes
Lake
Yes
West
Yes

Room Information

Room Name Dimensions Level
Laundry 8 x 7 Upper
Office 14 x 13 Lower
Office 10 x 12 Upper
Flex Room 15 x 13 Lower
Third (3rd) Bedroom 12 x 12 Upper
Fourth (4th) Bedroom 15 x 11 Lower
Family Room 10 x 14 Upper
Mud Room 8 x 9 Main
Other 10 x 7 Main
First (1st) Bedroom 17 x 15 Upper
Second (2nd) Bedroom 12 x 13 Upper
Great Room 17 x 16 Main
Kitchen 25 x 13 Main
Dining Room 10 x 10 Main
Pantry (Walk-In) 8 x 6 Main
IDX
Listing Office: Coldwell Banker Realty
Last Updated: August - 07 - 2025
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.
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