127 W Lake Street, Excelsior, MN 55331

$2,650,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,881 Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $2,650,000 List Date: 4/14/2025 Last Modified: 8/08/2025

Overview

Description

Experience Elevated Living in the Heart of Excelsior Discover refined elegance and timeless charm in this exceptional custom-built Cottage-style residence, gracefully set on one of the largest lots and highest elevations in Excelsior. Thoughtfully designed to blend sophistication with everyday comfort, this home welcomes you with an airy, light-filled open floor plan—perfectly tailored for both relaxed living and stylish entertaining. At the heart of the home, the gourmet kitchen is a culinary masterpiece, boasting high-end appliances, double ovens, a spacious center island, and a dedicated baking station. Seamlessly connected to the expansive living and dining areas, it’s an entertainer’s dream. The main-level primary suite offers a serene escape, featuring a spa-inspired bath with a steam shower, separate soaking tub, and a generous walk-in closet—complemented by the convenience of main floor laundry. Premium in-floor heating throughout the lower level and select areas enhances the home's comfort year-round. Step outside into a beautifully landscaped sanctuary, complete with a large deck designed for effortless outdoor living—whether enjoying peaceful mornings or hosting gatherings beneath the stars. A rare find for auto enthusiasts, this home offers a total of five garage stalls—including a heated 3-car attached garage and a 2-stall detached garage—framed by a brand-new concrete driveway. Take in partial lake views from the inviting front porch, and enjoy unparalleled walkability to Excelsior’s vibrant downtown, just one block from The Commons Park and the public beach. Located within the award-winning Minnetonka School District, this home is the ultimate blend of luxury, lifestyle, and location. This is more than a home—it’s a statement. Welcome to your dream retreat in Excelsior.

Listing Details MLS# 6697065

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Year Built
2016
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
2201
Above Grd Total SqFt
2967
Below Grd Total SqFt
1914
Total SqFt
4881
Total Finished Sqft
4524.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1937
Garage Stalls
5
Lot Dimensions
130 x 150 x 130 x 135
Acres
0.45
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Amenities Unit: Cable; Deck; Ethernet Wired; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Paneled Doors; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Vaulted Ceiling(s); Walk-In Closet Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Wine Cooler Basement: Drain Tiled; Egress Windows; Full; Poured Concrete; Storage Space; Sump Pump; Tile Shower Bath Description: Double Sink; Steam Shower; Main Floor 1/2 Bath; Main Floor Full Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Engineered Wood Family Room Characteristics: 2 or More; Lower Level; Main Level Fencing: Partial; Privacy; Wood Financing Terms: Conventional Fireplace Characteristics: Family Room; Wood Burning Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Boiler; Forced Air; Humidifier; In-Floor Heating; Radiant; Zoned Internet Options: Cable; Satellite Laundry: Gas Dryer Hookup; Laundry Room; Main Level; Sink Lot Description: Tree Coverage - Medium; Underground Utilities Outbuildings: Additional Garage Parking Characteristics: Finished Garage; Multiple Garages; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Storage Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2025-04-22
Contingency
None
Closed Date
2025-06-17
Original List Price
2650000
Sales Close Price
2650000
ListPrice
2650000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
127
Street Direction Prefix
W
Street Name
Lake
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Auditors Sub 135

Assessments

Tax With Assessments
22736
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2952
Finished SqFt Below Ground
1572

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
20 x 39
Garage Door Height
8
Garage Door Width
9
Garage Square Feet
1365
Finished Garage
Yes
Multiple Garages
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Storage
Yes

Public Survey Info

Range#
23
Section#
27
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 079 AUDITOR'S SUBD. NO. 135
Listing City
Excelsior
Map Page
117
Municipality
Excelsior
School District
Minnetonka
School District Phone
952-401-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
1743
Property ID Number
2711723430007
Tax Year
2025
Tax Amount
22736
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Experience Elevated Living in the Heart of Excelsior Discover refined elegance and timeless charm in this exceptional custom-built Cottage-style residence, gracefully set on one of the largest lots and highest elevations in Excelsior. Thoughtfully designed to blend sophistication with everyday comfort, this home welcomes you with an airy, light-filled open floor plan—perfectly tailored for both relaxed living and stylish entertaining. At the heart of the home, the gourmet kitchen is a culinary masterpiece, boasting high-end appliances, double ovens, a spacious center island, and a dedicated baking station. Seamlessly connected to the expansive living and dining areas, it’s an entertainer’s dream. The main-level primary suite offers a serene escape, featuring a spa-inspired bath with a steam shower, separate soaking tub, and a generous walk-in closet—complemented by the convenience of main floor laundry. Premium in-floor heating throughout the lower level and select areas enhances the home's comfort year-round. Step outside into a beautifully landscaped sanctuary, complete with a large deck designed for effortless outdoor living—whether enjoying peaceful mornings or hosting gatherings beneath the stars. A rare find for auto enthusiasts, this home offers a total of five garage stalls—including a heated 3-car attached garage and a 2-stall detached garage—framed by a brand-new concrete driveway. Take in partial lake views from the inviting front porch, and enjoy unparalleled walkability to Excelsior’s vibrant downtown, just one block from The Commons Park and the public beach. Located within the award-winning Minnetonka School District, this home is the ultimate blend of luxury, lifestyle, and location. This is more than a home—it’s a statement. Welcome to your dream retreat in Excelsior.
Directions
Hwy 7 to the 2nd street exit. Right onto Lake Street to home.

Accessible

None
Yes

Acreage Information

Pasture Acres
0
Tillable Acres
0
Wooded Acres
0

Air Conditioning

Central Air
Yes
Zoned
Yes

Amenities Unit

Cable
Yes
Deck
Yes
Ethernet Wired
Yes
Exercise Room
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Paneled Doors
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes

Appliances

Air-To-Air Exchanger
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes
Wine Cooler
Yes

Basement

Drain Tiled
Yes
Egress Windows
Yes
Full
Yes
Poured Concrete
Yes
Storage Space
Yes
Sump Pump
Yes
Tile Shower
Yes

Bath Description

Double Sink
Yes
Steam Shower
Yes
Main Floor 1/2 Bath
Yes
Main Floor Full Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes
Walk-In Shower Stall
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Living/Dining Room
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Exterior

Engineered Wood
Yes

Family Room Characteristics

2 or More
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Partial
Yes
Privacy
Yes
Wood
Yes

Financing Terms

Conventional
Yes

Fireplace Characteristics

Family Room
Yes
Wood Burning
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Forced Air
Yes
Humidifier
Yes
In-Floor Heating
Yes
Radiant
Yes
Zoned
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
Satellite
Yes

Lake/Waterfront

Lake View
Yes

Laundry

Gas Dryer Hookup
Yes
Laundry Room
Yes
Main Level
Yes
Sink
Yes

Lot Description

Tree Coverage - Medium
Yes
Underground Utilities
Yes

Outbuildings

Additional Garage
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Deck
Yes
Front Porch
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Office Dimensions: 18 x 14 Level: Lower Family Room Dimensions: 26 x 26 Level: Lower Exercise Room Dimensions: 14 x 20 Level: Lower First (1st) Bedroom Dimensions: 14 x 15 Level: Main Second (2nd) Bedroom Dimensions: 14 x 13 Level: Upper Third (3rd) Bedroom Dimensions: 15 x 13 Level: Upper Fourth (4th) Bedroom Dimensions: 13 x 12 Level: Lower Sitting Room Dimensions: 15 x 11 Level: Main Laundry Dimensions: 9 x 8 Level: Main Deck Dimensions: 52 x 20 Level: Main Porch Dimensions: 29 x 9 Level: Main Foyer Dimensions: 7 x 10 Level: Main Living Room Dimensions: 22 x 25 Level: Main Kitchen Dimensions: 18 x 17 Level: Main Dining Room Dimensions: 15 x 9 Level: Main
Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 08 - 2025
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