Rare opportunity for true waters-edge living in Excelsior. You'll love the panoramic Lake Minnetonka views from your spacious 2 bedroom condo. Premier location approximately 10 steps away from your boat slip with 2 off-street parking spaces makes this a perfect home for those who like to enjoy all the lake has to offer. Great access to dining and much more. Call for a private tour today! It's time to get on the water.
Closed
$1,100,000
405 Lake St, Excelsior, MN 55331
2beds
1,092sqft
Low Rise
Built in 1968
-- sqft lot
$1,101,200 Zestimate®
$1,007/sqft
$2,796 Estimated rent
Home value
$1,101,200
$1.01M - $1.20M
$2,796/mo
Zestimate® history
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$2,796/mo
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$6,161/mo
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Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 01:56am
Listed by:
Gregory Hiniker 612-868-0724,
Realty Inc
Bought with:
Gregory Hiniker
Realty Inc
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6611157
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: None
- Number of fireplaces: 1
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
- Finished area above ground: 1,092
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Accessibility
- Accessibility features: Partially Wheelchair
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.97 Acres
Details
- Foundation area: 1092
- Parcel number: 3411723110090
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: Low Rise
- Attached to another structure: Yes
Materials
- Wood Siding
Condition
- Age of Property: 57
- New construction: No
- Year built: 1968
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Condo 0003 Bay Shore Manor
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $438 monthly
- Amenities included: Boat Slip, Boat Dock
- Services included: Maintenance Structure, Controlled Access, Dock, Lawn Care, Maintenance Grounds, Parking, Trash, Shared Amenities, Snow Removal
- Association name: Bay Shore Condominiums
- Association phone: 602-430-7150
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2025 | Sold | $1,100,000-4.3%$1,007/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6611157 Report a problem | ||
| 2/7/2025 | Pending sale | $1,150,000$1,053/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6611157 Report a problem | ||
| 1/4/2025 | Price change | $1,150,000-4.2%$1,053/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6611157 Report a problem | ||
| 10/7/2024 | Listed for sale | $1,200,000+659.5%$1,099/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6611157 Report a problem | ||
| 4/29/1997 | Sold | $158,000+9%$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,630 +6.8% | $970,900 +0.3% |
| 2024 | $11,823 +6.8% | $968,100 +3.4% |
| 2023 | $11,068 +51.2% | $936,700 +8.4% |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$1,101,200
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
$1,101,200
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 405 Lake St