Extremely rare opportunity to own a spacious townhome just steps from “A-grade” Gideon’s Bay on iconic Lake Minnetonka in Downtown Excelsior! All three townhome owners are able to have a boat slip, and with none currently in use, the new owner can dock their boat immediately in the installed slip—no wait. Enjoy exceptional hard sand shoreline & private beach—complete with front-row views of the spectacular 4th of July fireworks. From the moment you walk in, you're greeted by panoramic lake views and inviting living spaces, including multiple seating areas perfect for entertaining or relaxing with a large paver patio outside. The kitchen features rich hardwood cabinetry, granite countertops, and a layout that flows seamlessly into the main living areas. Upstairs, you'll find three generously sized bedrooms—all conveniently located on the same level—with stunning lake views from every room. Ideally located within walking distance to The Commons, Downtown Excelsior boutique shops & restaurants, and the Lake Minnetonka Regional Trail. Pet-friendly. No rentals. Bring your boat + boat lift, family + friends—Lake Life is calling—don’t miss this rare Excelsior lake gem!
Closed
$1,255,000
4 1st St, Excelsior, MN 55331
3beds
1,925sqft
Townhouse Side x Side
Built in 1974
1,306.8 Square Feet Lot
$1,249,300 Zestimate®
$652/sqft
$3,096 Estimated rent
Home value
$1,249,300
$1.15M - $1.35M
$3,096/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$3,096/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$3,096/mo
Rent Zestimate®
Refinance and save
$6,679/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$6,679/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 19, 2025 at 08:45am
Listed by:
Dominic Jankowski 612-961-6995,
Coldwell Banker Realty
Bought with:
Timothy Beduhn
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6752598
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Level: Upper
- Area: 304 Square Feet
- Dimensions: 19x16
Bedroom 2
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11x13
Primary bathroom
- Level: Upper
- Area: 60 Square Feet
- Dimensions: 6x10
Bathroom
- Level: Upper
- Area: 96 Square Feet
- Dimensions: 12x8
Foyer
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Informal dining room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Kitchen
- Level: Main
- Area: 380 Square Feet
- Dimensions: 19x20
Laundry
- Level: Main
- Area: 65 Square Feet
- Dimensions: 5x13
Living room
- Level: Main
- Area: 375 Square Feet
- Dimensions: 25x15
Other
- Level: Main
- Area: 55 Square Feet
- Dimensions: 5x11
Patio
- Level: Main
- Area: 580 Square Feet
- Dimensions: 20x29
Walk in closet
- Level: Upper
- Area: 70 Square Feet
- Dimensions: 5x14
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Chandelier, Dishwasher, Microwave, Refrigerator
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Double Sided, Gas
Interior area
- Total structure area: 1,925
- Total interior livable area: 1,925 sqft
- Finished area above ground: 1,925
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (21x21), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Has view: Yes
- View description: Bay, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Association Access, Deeded Access, Dock, Lake Front, Lake View, Waterfront Num(27013300), Lake Bottom(Hard, Excellent Sand), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 135
Lot
- Size: 1,306 sqft
- Dimensions: 135' of lakeshore/common
- Features: Accessible Shoreline, Near Public Transit, Wooded
Details
- Foundation area: 1013
- Parcel number: 2711723430025
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse Side x Side
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Age of Property: 51
- New construction: No
- Year built: 1974
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Gideon Bay Townhomes
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $150 monthly
- Amenities included: Beach Access, Boat Dock
- Services included: Dock, Hazard Insurance, Lawn Care, Snow Removal
- Association name: Cheryl Plaziak
- Association phone: 952-393-6223
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $1,255,000-3.1%$652/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6752598 Report a problem | ||
| 8/10/2025 | Pending sale | $1,295,000$673/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6752598 Report a problem | ||
| 8/1/2025 | Listed for sale | $1,295,000-4.1%$673/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6752598 Report a problem | ||
| 7/8/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/24/2025 | Price change | $1,350,000-3.6%$701/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,390 +11.6% | $1,011,300 +6.3% |
| 2024 | $11,101 +12.3% | $951,200 +7.6% |
| 2023 | $9,885 +16.1% | $884,300 +13.4% |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.6 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.9 mi
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
$1,249,300
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
$1,249,300