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!
Closed
$2,500,000
278 W Lake St, Excelsior, MN 55331
4beds
4,182sqft
Single Family
Built in 2021
9,147.6 Square Feet Lot
$2,665,700 Zestimate®
$598/sqft
$5,886 Estimated rent
Home value
$2,665,700
$2.51M - $2.85M
$5,886/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: September 24, 2024 at 08:52am
Listed by:
Kristi D Weinstock 612-309-8332,
Coldwell Banker Realty
Bought with:
Eric D Stafford
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6344602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 255 Square Feet
- Dimensions: 17 x 15
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12 x 13
Bedroom 3
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom 4
- Level: Lower
- Area: 165 Square Feet
- Dimensions: 15 x 11
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Family room
- Level: Upper
- Area: 140 Square Feet
- Dimensions: 10 x 14
Flex room
- Level: Lower
- Area: 195 Square Feet
- Dimensions: 15 x 13
Great room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17 x 16
Kitchen
- Level: Main
- Area: 325 Square Feet
- Dimensions: 25 x 13
Laundry
- Level: Upper
- Area: 56 Square Feet
- Dimensions: 8 x 7
Mud room
- Level: Main
- Area: 72 Square Feet
- Dimensions: 8 x 9
Office
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 10 x 12
Office
- Level: Lower
- Area: 182 Square Feet
- Dimensions: 14 x 13
Other
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10 x 7
Other
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8 x 6
Heating
- Forced Air, In-Floor Heating, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
- Laundry: Gas Dryer Hookup, Lower Level, Laundry Room, Sink, Upper Level
Features
- Basement: Drain Tiled,Finished,Concrete,Storage Space,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Circulating, Family Room, Gas
Interior area
- Total structure area: 4,182
- Total interior livable area: 4,182 sqft
- Finished area above ground: 2,850
- Finished area below ground: 773
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22 x 23)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Bay, Lake, West
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Lake View
Lot
- Size: 9,147 sqft
- Dimensions: 100 x 110 x 79 x 100
- Features: Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 1332
- Parcel number: 3411723120047
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Concrete, Frame
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Bells Sub Lts 61 62 & 63 Excelsior
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2023 | Sold | $2,500,000+0%$598/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6344602 Report a problem | ||
| 4/15/2023 | Pending sale | $2,499,000$598/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6344602 Report a problem | ||
| 4/11/2023 | Listed for sale | $2,499,000+210.2%$598/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6344602 Report a problem | ||
| 8/28/2019 | Sold | $805,500-7.9%$193/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5260936 Report a problem | ||
| 7/30/2019 | Pending sale | $875,000$209/sqft |
Source: RE/MAX Advantage Plus #5260936 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,324 +29.1% | $2,466,600 +1.8% |
| 2024 | $25,820 +9.1% | $2,423,000 +24.1% |
| 2023 | $23,676 +176.5% | $1,952,300 -8.1% |
Find assessor info on the county website
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: 3.1 mi
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Estimated market value
$2,665,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,665,700
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 278 W Lake St