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603 Lake Street, 215, Excelsior, MN 55331

$1,150,000

Excelsior Bay Gables-Lake Minnetonka's premier property-walk or boat to everything Excelsior and Lake Minnetonka!

Enjoy some of the best poolside views of Lake Minnetonka

Walkable to everything Excelsior-from casual to fine dining, coffee, and of course, the updated Excelsior Commons with new bandshell, 2 beautiful beaches, tennis, softball and massive green space

Association docks for lease to homeowners-$1244 per season.

This unit has the closest proximity to the lake, with arguably the best views

Lovely "L" shaped balcony with views of both the lake and tennis court

Private resurfaced association owned tennis court

Practical kitchen with plenty of cupboard and counter space

Breathtaking lake views from almost every window

Dinette with big floor to ceiling windows and patio door to the balcony

Good flow between the kitchen, dinette, living room and balcony.

Island penninsula adds seating, countertop and storage

Living room is wide-open to the 2nd bedroom/den/flex room lending spaciousness and light

Living room with classic wood burning fireplace

Patio doors open from the dinette and living room onto the balcony with stunning lake views

2nd bedroom with a full wall of built-ins is adjacent to the 2nd bathroom and walk-in closet

Yes-the bathroom could use an update but the space is good!

Windowed Annex is just down the hall a few steps and provides opportunity for storage, office or ?

Updated ammenities include an indoor whirlpool, exercise room and..

Deeded garage spaces 20 & 21 (with built-in storage) -right next to the double doors out to the lake

Country club atmosphere-the grounds are stunning

Poolside and lakeside-no need to choose between the two

Resurfaced tennis courts accessed from the gated grounds only

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,669 Lot Size (sq. ft.): 1,307 Status: Active

Current Price: $1,150,000 List Date: 7/16/2026 Last Modified: 7/23/2026

Overview

Description

Effortless lake living! Amazing front unit (closest to the lake) at sought-after Excelsior Bay Gables featuring breath-taking panoramic views of Lake Minnetonka's Excelsior Bay! The primary suite and second bedroom/den bookend this naturally sun-filled unit. View the lake from almost every single window or patio door in this stunning condo. This might be the very best view in the whole complex! Enjoy a covered wrap-around maintenance free balcony that takes full advantage of the lake views and surrounding natural beauty. The bonus room across the hall can be used as an office or additional storage. HOA amenities include a heated swimming pool, tennis courts, year-round hot tub and sauna facilities, fitness center, private docks with boat slip rentals available ($1244/season), meticulously maintained outdoor common areas, and 2 secure underground heated garage parking stalls (#20 & #21). EZ walk to everything Historic Excelsior has to offer-charming shops, many excellent restaurants and ... (Read more)

Listing Details MLS# 7099377

General Property Information

Assoc Mgmt Co. Phone #: 952-641-0138
Association Fee Frequency: Monthly
Association Mgmt Co. Name: Hegenes Properties
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Road Btwn WF & Home?: No
Waterfront YN: Yes
Year Built: 1981
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 1669
Above Grd Total SqFt: 1669
Total SqFt: 1669
Total Finished Sqft: 1669.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (CC) Low Rise (3- Levels)
Foundation Size: 1669
Power Company: Xcel Energy
Association Fee: 1484.76
Garage Stalls: 2
Lot Dimensions: COMMON
Acres: 0.03
Assessment Pending: Unknown
Bath Half: 0
Bath Quarter: 0
Below Grd Total SqFt: 0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Boat Slip; Car Wash; Dock; Elevator(s); Fire Sprinkler System; Hot Tub; In-Ground Sprinkler System; Lobby; Patio; Sauna; Security Building; Tennis Courts; Other Amenities Unit: Balcony; Cable; Deck; Hardwood Floors; Kitchen Window; Local Area Network; Main Floor Primary Bedroom; Natural Woodwork; Panoramic View; Porch; Security System; Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Washer Association Fee Includes: Beach Access; Building Exterior; Cable TV; Gas; Hazard Insurance; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Recreation Facility; Sanitation; Security System; Shared Amenities; Snow Removal; Water; Other Assumable Loan: Not Assumable Basement: Concrete Block; Storage Space; Storage/Locker Bath Description: Double Sink; His and Her Closets; Main Floor 3/4 Bath; Main Floor Full Bath; Full Primary; Private Primary Construction Materials: Block; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Existing Financing: Free and Clear Exterior: Cement Board Fencing: Full; Other Fireplace Characteristics: Living Room; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard; Boiler; Hot Water Internet Options: Cable Laundry: In Unit; Laundry Room; Main Level; Washer Hookup Lock Box Type: Supra Lot Description: Accessible Shoreline; Public Transit (w/in 6 blks); Tree Coverage - Medium; Underground Utilities Parking Characteristics: Multiple Garages; Parking Lot; Assigned; Garage Door Opener; Heated Garage; Paved Lot Pool Description: Below Ground; Heated; Shared Road Frontage: City Street; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Shared Rooms: Exercise Room Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Water: City Water/Connected Waterfront Type: Lake Front; Association Access; Lake View; Dock Waterfront View: Lake; Panoramic

Contract Information

Contingency: None
Original List Price: 1150000
ListPrice: 1150000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 603
Street Name: Lake
Street Suffix: Street
Unit Number: 215
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Condo 0344 Excelsior Bay Gables

Assessments

Assessment Balance: 405.37
Assessment Installment: 405.37
Tax With Assessments: 13173.58

Building Information

Finished SqFt Above Ground: 1669

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 0-4

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Supra: Yes

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 400
Garage Stall ID#: 20&21
Multiple Garages: Yes
Parking Lot: Yes
Assigned: Yes
Garage Door Opener: Yes
Heated Garage: Yes
Paved Lot: Yes

Public Survey Info

Range#: 23
Section#: 35
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: Yes
Legal Description: CONDO NO 0344 EXCELSIOR BAY GABLES UNIT NO 215
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
County Abbreviation: 215
Zip Plus 4: 1999
Property ID Number: 3511723220064
Tax Year: 2026
Tax Amount: 13049.48
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Effortless lake living! Amazing front unit (closest to the lake) at sought-after Excelsior Bay Gables featuring breath-taking panoramic views of Lake Minnetonka's Excelsior Bay! The primary suite and second bedroom/den bookend this naturally sun-filled unit. View the lake from almost every single window or patio door in this stunning condo. This might be the very best view in the whole complex! Enjoy a covered wrap-around maintenance free balcony that takes full advantage of the lake views and surrounding natural beauty. The bonus room across the hall can be used as an office or additional storage. HOA amenities include a heated swimming pool, tennis courts, year-round hot tub and sauna facilities, fitness center, private docks with boat slip rentals available ($1244/season), meticulously maintained outdoor common areas, and 2 secure underground heated garage parking stalls (#20 & #21). EZ walk to everything Historic Excelsior has to offer-charming shops, many excellent restaurants and beautiful Commons Park with 2 beaches, lighted softball field and bandshell. Take the sidewalk from the parking lot just 2 blocks east and jump on the LRT trail to walk/bike almost anywhere. Whether you are enjoying drinks on your balcony, walking to your favorite restaurant, swimming in the heated pool, playing a game of tennis or taking your boat out on the lake, you will never be at loss for something to do!
Directions: Hwy 7 west of 494 to Excelsior exit (2nd St) to Lake St to Excelsior Bay Condos

Accessible

Accessible Elevator Installed: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Boat Slip: Yes
Car Wash: Yes
Dock: Yes
Elevator(s): Yes
Fire Sprinkler System: Yes
Hot Tub: Yes
In-Ground Sprinkler System: Yes
Lobby: Yes
Patio: Yes
Sauna: Yes
Security Building: Yes
Tennis Courts: Yes
Other: Yes

Amenities Unit

Balcony: Yes
Cable: Yes
Deck: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Local Area Network: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Panoramic View: Yes
Porch: Yes
Security System: Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes

Appliances

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

Association Fee Includes

Beach Access: Yes
Building Exterior: Yes
Cable TV: Yes
Gas: Yes
Hazard Insurance: Yes
Heating: Yes
Internet: Yes
Lawn Care: Yes
Outside Maintenance: Yes
Parking Space: Yes
Professional Mgmt: Yes
Recreation Facility: Yes
Sanitation: Yes
Security System: Yes
Sewer: Yes
Shared Amenities: Yes
Snow Removal: Yes
Water: Yes
Other: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Storage Space: Yes
Storage/Locker: Yes

Bath Description

Double Sink: Yes
His and Her Closets: Yes
Main Floor 3/4 Bath: Yes
Main Floor Full Bath: Yes
Full Primary: Yes
Private Primary: Yes

Construction Materials

Block: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

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

Electric

Circuit Breakers: Yes

Elevation Highpoint to Waterfront Slope

Level: Yes

Existing Financing

Free and Clear: Yes

Exterior

Cement Board: Yes

Fencing

Full: Yes
Other: Yes

Fireplace Characteristics

Living Room: Yes
Wood Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes
Boiler: Yes
Hot Water: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes

Laundry

In Unit: Yes
Laundry Room: Yes
Main Level: Yes
Washer Hookup: Yes

Lot Description

Accessible Shoreline: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Medium: Yes
Underground Utilities: Yes

Patio, Porch and Deck Features

Composite Decking: Yes
Covered: Yes
Deck: Yes
Front Porch: Yes
Wrap Around: Yes

Pool Description

Below Ground: Yes
Heated: Yes
Shared: Yes

Restriction/Covenants

Mandatory Owners Assoc: Yes
Pets Not Allowed: Yes
Rental Restrictions May Apply: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Exercise Room: Yes

Special Search

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

Stories

One: Yes

Water

City Water/Connected: Yes

Waterfront Type

Lake Front: Yes
Association Access: Yes
Lake View: Yes
Dock: Yes

Waterfront View

Lake: Yes
Panoramic: Yes

Room Information

Room Name	Dimensions	Level
Deck	23x5	Main
Dining Room	12x10	Main
First (1st) Bedroom	15x13	Main
Flex Room	24x12	Main
Kitchen	11x10	Main
Laundry	6x5	Main
Living Room	19x12	Main
Second (2nd) Bedroom	18x11	Main

Listing Office: Edina Realty, Inc.

Last Updated: July - 23 - 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.