Experience Lake Minnetonka living in this spacious 5-bedroom Excelsior home, just steps from access to Lake Galpin. With over 3,100 finished square feet, this move-in ready property offers exceptional space at a rare price point in this location. Major updates provide peace of mind, including furnace (2023), central air (2023), water heater (2023), kitchen appliances (2021–2022), washer and dryer (2020), and new upper-level carpet (2023). The open-concept main level is ideal for both everyday living and entertaining, featuring hardwood floors and a cozy fireplace that add warmth and character. Outdoor living shines with a recently refinished lower deck and spacious patio — perfect for summer BBQs, gatherings, or relaxing evenings. Enjoy year-round recreation with nearby lake access, then stroll just five minutes to vibrant downtown Excelsior and Lake Minnetonka.
Pending
$425,000
401 Highway 7, Excelsior, MN 55331
5beds
4,200sqft
Est.:
Single Family Residence
Built in 1900
0.32 Acres Lot
$412,400 Zestimate®
$101/sqft
$-- HOA
What's special
Hardwood floorsCozy fireplaceSpacious patioOpen-concept main levelRecently refinished lower deck
- 33 days |
- 6,021 |
- 232 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 05:38am
Listed by:
Troy Bauer 612-234-1220,
Source One Realty, LLC,
Kate R. Engebritson 612-868-0058
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7020660
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bathroom
- Description: Main Floor 3/4 Bath,Upper Level Full Bath
Dining room
- Description: Separate/Formal Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Central Vacuum, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement
Features
- Central Vacuum
- Basement: Block,Daylight,Drain Tiled,Egress Window(s),Full,Partially Finished,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
- Finished area above ground: 2,800
- Finished area below ground: 378
Property
Parking
- Parking features: Asphalt
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: East, Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 0.32 Acres
- Dimensions: 92' x 140' x 108' x 139'
- Features: Corner Lot, Tree Coverage - Light
Details
- Foundation area: 1400
- Parcel number: 3411723140033
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- 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: $101/sqft
- Tax assessed value: $407,700
- Annual tax amount: $4,723
- Date on market: 2/13/2026
- Cumulative days on market: 121 days
- Road surface type: Paved
Estimated market value
$412,400
$392,000 - $433,000
$6,654/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Pending sale | $425,000$101/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7020660 Report a problem | ||
| 2/13/2026 | Listed for sale | $425,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7020660 Report a problem | ||
| 8/5/2025 | Listing removed | $425,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6716566 Report a problem | ||
| 6/9/2025 | Price change | $425,000-1.2%$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6716566 Report a problem | ||
| 5/9/2025 | Listed for sale | $430,000-13.8%$102/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6716566 Report a problem | ||
| 9/29/2024 | Listing removed | $499,000$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6607830 Report a problem | ||
| 9/26/2024 | Listed for sale | $499,000+22.9%$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6607830 Report a problem | ||
| 9/27/2023 | Sold | $406,000-2.2%$97/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405129 Report a problem | ||
| 8/18/2023 | Pending sale | $415,000$99/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405129 Report a problem | ||
| 7/20/2023 | Price change | $415,000-13.5%$99/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405129 Report a problem | ||
| 6/8/2023 | Listed for sale | $479,900+10.3%$114/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6358692 Report a problem | ||
| 11/18/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 10/24/2022 | Price change | $434,900-3.3%$104/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 10/10/2022 | Price change | $449,900-4.3%$107/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 10/3/2022 | Price change | $469,900-6%$112/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 9/14/2022 | Listed for sale | $499,900-4.8%$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 9/13/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 9/8/2022 | Price change | $525,000-4.5%$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/29/2022 | Price change | $549,900-11.3%$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/18/2022 | Price change | $619,900-6.1%$148/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/8/2022 | Price change | $659,900-4.3%$157/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/2/2022 | Price change | $689,900-6.8%$164/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 6/24/2022 | Price change | $739,900-7.5%$176/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6186907 Report a problem | ||
| 5/20/2022 | Price change | $799,900-5.9%$190/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6186907 Report a problem | ||
| 5/6/2022 | Listed for sale | $849,900$202/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6186907 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,723 -5.5% | $407,700 +3.1% |
| 2024 | $4,997 +7.3% | $395,400 -8.1% |
| 2023 | $4,658 -0.1% | $430,400 +9.8% |
| 2022 | $4,664 +4.5% | $392,000 +9.5% |
| 2021 | $4,463 +11.1% | $358,000 +4.4% |
| 2020 | $4,017 -10% | $343,000 +14.7% |
| 2019 | $4,463 +11.1% | $299,000 +1.7% |
| 2018 | $4,017 +9% | $294,000 +13.5% |
| 2017 | $3,686 +4.6% | $259,000 +1.6% |
| 2016 | $3,525 -0.6% | $255,000 +5.8% |
| 2015 | $3,546 +5% | $241,000 +5.7% |
| 2014 | $3,377 -1.8% | $228,000 -3.8% |
| 2013 | $3,440 -0.6% | $237,000 -4.8% |
| 2012 | $3,462 -1% | $249,000 -3.9% |
| 2011 | $3,496 +3.2% | $259,000 -10.1% |
| 2010 | $3,387 +7.5% | $288,000 -2.4% |
| 2009 | $3,152 +31.3% | $295,000 +16.1% |
| 2006 | $2,401 -1.4% | $254,000 +2.6% |
| 2005 | $2,435 +16.1% | $247,500 +15% |
| 2004 | $2,096 +13.3% | $215,300 +14.3% |
| 2002 | $1,851 -31% | $188,400 |
| 2001 | $2,684 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,496/mo
Principal & interest
$2082
Property taxes
$414
More affordability tools
Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.7 mi
Local experts in 55331
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 401 Highway 7
Nearby cities
Nearby zip codes
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