4940 Meadville Street, Excelsior, MN 55331

$4,800,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 7,325 Lot Size (sq. ft.): 19,602 Status: Active
Current Price: $4,800,000 List Date: 2/12/2026 Last Modified: 6/06/2026

Overview

Description

128' of Lake Minnetonka lakeshore. Private detached Guest House sleeps 6. Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay? Check out the charming nautical-theme guest house complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original 1905 lakeside boathouse, three separate outdoo ...

Listing Details MLS# 6773074

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
4
Road Btwn WF & Home?
No
Waterfront Frontage
128
Waterfront Present
Yes
Year Built
1995
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Three Quarters
Yes
Bath Half
2
Main Floor Total SqFt
3002
Above Grd Total SqFt
4323
Below Grd Total SqFt
3002
Total SqFt
7325
Total Finished Sqft
5963.00
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
3002
Garage Stalls
3
Lot Dimensions
S125x160xL125x155
Acres
0.45
Assessment Pending
No
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Accessible Elevator Installed; Door Lever Handles; Wheelchair Ramp Air Conditioning: Central Air Amenities Unit: Balcony; Boat Slip; Deck; Dock; Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Tennis Court; Vaulted Ceiling(s); Walk-In Closet; Wet Bar Appliances: Air-To-Air Exchanger; Central Vacuum; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Trash Compactor; Washer; Water Filtration System; Water Osmosis System; Wine Cooler Basement: Egress Windows; Full; Storage Space; Sump Pump Bath Description: Double Sink; Main Floor Full Bath; Upper Level Full Bath; Full Primary; 1/2 Basement; Bathroom Ensuite; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Separate/Formal Dining Room Exterior: Stucco Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Lower Level; Main Level Fencing: Invisible Fireplace Characteristics: Brick; Family Room; Gas Burning; Primary Bedroom; Stone; Wood Burning Foundation: Other Fuel: Natural Gas Heating: Forced Air Lake Details: Sand Laundry: Laundry Room; Main Level Outbuildings: Boat House; Guest House Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage; Tuckunder Garage Road Frontage: City Street Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary Stories: One Water: Well Waterfront View: Lake; Panoramic; West

Contract Information

Contingency
None
Original List Price
5200000
ListPrice
4800000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4940
Street Name
Meadville
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Auditors Sub 141

Assessments

Tax With Assessments
63182
Assessment Balance
0

Building Information

Finished SqFt Above Ground
4323
Finished SqFt Below Ground
1640

More Information

Lake Details

Lake Acres
14205
Lake Depth
113
Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
37x24
Garage Square Feet
838
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Tuckunder Garage
Yes

Public Survey Info

Range#
23
Section#
26
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 121 AUDITOR'S SUBD. NO. 141
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
1062
Property ID Number
2611723240003
Tax Year
2024
Tax Amount
63182
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
128' of Lake Minnetonka lakeshore. Private detached Guest House sleeps 6. Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay? Check out the charming nautical-theme guest house complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original 1905 lakeside boathouse, three separate outdoor patios and expansive flower landscaping. Recent home updates include a new 2024 roof, fresh paint, new light fixtures, window enhancements and landscaping. Enjoy a prime location with easy access to the Lake Minnetonka Regional Trail, downtown Excelsior, and Cottagewood neighborhood. Don't hesitate, enjoy living the Lake Minnetonka lifestyle today!276-Minnetonka Schools
Directions
HWY 7 to Christmas Lake Rd go North, West on Excelsior Blvd., North on Minnetonka Blvd., to Meadville Street

Accessible

Accessible Elevator Installed
Yes
Door Lever Handles
Yes
Wheelchair Ramp
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Boat Slip
Yes
Deck
Yes
Dock
Yes
Exercise Room
Yes
French Doors
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Panoramic View
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Tennis Court
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Wet Bar
Yes

Appliances

Air-To-Air Exchanger
Yes
Central Vacuum
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Trash Compactor
Yes
Washer
Yes
Water Filtration System
Yes
Water Osmosis System
Yes
Wine Cooler
Yes

Basement

Egress Windows
Yes
Full
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Double Sink
Yes
Main Floor Full Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
1/2 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Eat In Kitchen
Yes
Informal Dining Room
Yes
Separate/Formal Dining Room
Yes

Exterior

Stucco
Yes

Family Room Characteristics

2 Story/High/Vaulted Ceilings
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Invisible
Yes

Fireplace Characteristics

Brick
Yes
Family Room
Yes
Gas Burning
Yes
Primary Bedroom
Yes
Stone
Yes
Wood Burning
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Dock
Yes
Lake Front
Yes
Lake View
Yes

Laundry

Laundry Room
Yes
Main Level
Yes

Outbuildings

Boat House
Yes
Guest House
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Road Frontage

City Street
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes

Stories

One
Yes

Water

Well
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
West
Yes

Room Information

Room Name Dimensions Level
First (1st) Bedroom 19x16 Main
Second (2nd) Bedroom 16x15 Upper
Guest House Main
Great Room 19x15 Main
Third (3rd) Bedroom 16x14.5 Upper
Fourth (4th) Bedroom Main
Bar/Wet Bar Room 20x9 Lower
Billiard Room 27x15 Lower
Family Room 24x16 Lower
Office 14.5x11 Main
Kitchen 19x15 Main
Dining Room 15x14 Main
Laundry Main
IDX
Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: June - 06 - 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.
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