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.
Active
$1,700,000
185 W Lake St, Excelsior, MN 55331
4beds
3,444sqft
Est.:
Single Family
Built in 1900
6,969.6 Square Feet Lot
$-- Zestimate®
$494/sqft
$-- HOA
What's special
Warm hardwood floorsLight-filled living spacesSpacious primary bathSoaking tubDual vanitiesSeamless indoor-outdoor flowWell-appointed kitchen
- 11 hours |
- 281 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
Yocum Real Estate Group - Jodi Klepac 651-226-2672,
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7051629
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 225 Square Feet
- Dimensions: 15x15
Bedroom 2
- Level: Upper
- Area: 153 Square Feet
- Dimensions: 17x9
Bedroom 3
- Level: Upper
- Area: 150 Square Feet
- Dimensions: 15x10
Bedroom 4
- Level: Lower
- Area: 210 Square Feet
- Dimensions: 21x10
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Family room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Family room
- Level: Lower
- Area: 345 Square Feet
- Dimensions: 23x15
Foyer
- Level: Main
- Area: 105 Square Feet
- Dimensions: 15x7
Kitchen
- Level: Main
- Area: 323 Square Feet
- Dimensions: 19x17
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8x6
Living room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Mud room
- Level: Main
- Area: 136 Square Feet
- Dimensions: 17x8
Office
- Level: Main
- Area: 60 Square Feet
- Dimensions: 10x6
Heating
- Forced Air, In-Floor Heating
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
- Laundry: Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Basement: Block,Daylight,Drain Tiled,Egress Window(s),Finished,Full,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 3,444
- Total interior livable area: 3,444 sqft
- Finished area above ground: 2,368
- Finished area below ground: 982
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Pool features: None
- Fencing: Wood
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 117 x 67 x 109 x 82
- Features: Near Public Transit, Corner Lot, Tree Coverage - Light
Details
- Foundation area: 1120
- Parcel number: 2711723430014
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Auditors Sub 135
HOA
- Has HOA: No
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $494/sqft
- Tax assessed value: $1,401,300
- Annual tax amount: $18,302
- Date on market: 4/9/2026
- Cumulative days on market: 63 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $1,700,000-5.6%$494/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7051629 Report a problem | ||
| 4/8/2026 | Listing removed | $1,800,000$523/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7012272 Report a problem | ||
| 2/5/2026 | Listed for sale | $1,800,000+9.1%$523/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7012272 Report a problem | ||
| 1/16/2026 | Listing removed | $11,995$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2025 | Listed for rent | $11,995$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/10/2023 | Sold | $1,650,000-2.4%$479/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6309769 Report a problem | ||
| 1/23/2023 | Pending sale | $1,690,000$491/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6309769 Report a problem | ||
| 11/18/2022 | Listed for sale | $1,690,000+78.8%$491/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6309769 Report a problem | ||
| 6/29/2015 | Sold | $945,000-5%$274/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4562296 Report a problem | ||
| 5/2/2015 | Pending sale | $995,000$289/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4562296 Report a problem | ||
| 2/13/2015 | Listed for sale | $995,000-13.4%$289/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4562296 Report a problem | ||
| 11/28/2014 | Listing removed | $1,149,000$334/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4490609 Report a problem | ||
| 8/4/2014 | Price change | $1,149,000-4.3%$334/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4490609 Report a problem | ||
| 6/10/2014 | Listed for sale | $1,200,000+115.8%$348/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4490609 Report a problem | ||
| 7/9/2007 | Sold | $556,000+8.4%$161/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $513,000$149/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,302 +5.6% | $1,401,300 +2.5% |
| 2024 | $17,326 +10.1% | $1,366,900 +2.3% |
| 2023 | $15,731 +1.6% | $1,336,000 +11.8% |
| 2022 | $15,477 +3.7% | $1,195,000 +10.9% |
| 2021 | $14,927 +1.3% | $1,078,000 +3.2% |
| 2020 | $14,740 -1.3% | $1,045,000 +4.2% |
| 2019 | $14,927 +1.3% | $1,003,000 +4.2% |
| 2018 | $14,740 +11% | $963,000 +20.1% |
| 2017 | $13,278 +12.8% | $802,000 +15.6% |
| 2016 | $11,768 +15% | $694,000 +6.3% |
| 2015 | $10,236 +5.4% | $653,000 +16.6% |
| 2014 | $9,710 +19.7% | $560,000 +3.3% |
| 2013 | $8,111 +24.2% | $542,000 +16.6% |
| 2012 | $6,531 +6.8% | $465,000 +3.1% |
| 2011 | $6,114 -6.6% | $451,000 -15.1% |
| 2010 | $6,550 +4.9% | $531,000 -0.9% |
| 2009 | $6,242 +38.9% | $536,000 +46.1% |
| 2006 | $4,493 +10.4% | $366,800 +15% |
| 2005 | $4,069 +14.4% | $319,000 +18.9% |
| 2004 | $3,557 +4.5% | $268,400 +12% |
| 2002 | $3,403 -41% | $239,700 |
| 2001 | $5,767 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$10,424/mo
Principal & interest
$8767
Property taxes
$1657
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Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3 mi
Local experts in 55331
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 185 W Lake St
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