251 W Lake Street

Excelsior, MN
$ 1,500,000 Beds 4 Baths 2.5 Sq 2,769
Monthly Estimate* How much can I afford?

Well maintained spacious and unique 4-bedroom, 3-bathroom home so close to the lake! A yard your neighbors will be envious of with beautiful mature shade trees. Excellent private deck for sunny days and 4 season porch when the weather is less favorable but you still want to be outside. Three bedrooms located on the Main level for one level living. The main kitchen connects to a large deck overlooking the beautiful back yard allowing for versatile dining and grilling. The main dining room, living room and sun room connect for a combined over 600 square ft of living/entertainment area. OR close off the sun room for a cozy afternoon with a book. The finished lower level provides even more flexible space that can serve as a guest quarters or rent it out if you so wish. The lower level comes with a full eat-in kitchen, living room, spacious bedroom and full bath complete with jacuzzi tub. There is also a bonus room off of the garage you can use for exercise, office, gaming, storage or whatever your heart desires. Central AC is SpacePak high-velocity small-duct system

Single Family

  • Price
  • $ 1,500,000
  • City
  • Excelsior
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Auditors Sub 240
  • Lot Size
  • 0.38 Acres
  • Zip
  • 55331
  • Sqr Footage
  • 2,769
  • Year Built
  • 1930
  • Taxes
  • $ 12180
  • Style
  • Single Family
  • MLS#
  • 7127625
Listed By: Xpace, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2769
Sewer City Sewer/Connected
Heating Boiler
Cooling Central Air
Appliances Dishwasher,Gas Water Heater,Microwave,Range,Refrigerator,Washer
Garage Spaces 2
Year Built 1930
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Auditors Sub 240
Full Baths 2
Directions From Highway 7 go North on Oak St,then East on water St,then North on 3rd St,the East on Cortland St,then North on Bell (stay left at the Y) Park in the driveway
City Excelsior
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 12180
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Exercise Room,Hardwood Floors,Main Floor Primary Bedroom,Patio
PostalCity Excelsior

Interior Features

Basement Walkout
Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1466
Half Baths 1
Total Bedrooms 4
Below Grade Finished Area 1303
Total Baths 3
Bath Desc Full Basement,Main Floor 1/2 Bath,Main Floor Full Bath
Fuel Natural Gas
Garage Square Feet 480

Exterior Features

Parking Features Attached Garage
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.38
Building Area Total 3523
Lot Dimensions 139 X 139 X 73 X 233
Waterfront Y/N No
Foundation Area 1303

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Woodbury, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/14/2026 Listed $1,500,000

Property vs Zip Code Average in 55331

Price
AVG $2.03M
$1.5M
Taxes
AVG $13,918
$12,180
Year Built
AVG 1995
1930
Visits
AVG 201
44
Data Provided by Inside Real Estate®

Areas That We Cover

251 W Lake Street Excelsior, MN is a Single Family Home for sale at $1500000 with 2769 sqft and a lot size of 0.38 Acres Acre(s). 251 W Lake Street Excelsior has 4 bedrooms, 2 baths and was built in 1930. The property's zip code is 55331 which is in Excelsior, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.