165 Mound Avenue, Excelsior, MN 55331

$3,565,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,288 Lot Size (sq. ft.): 15,682 Status: Active
Current Price: $3,565,000 List Date: 2/12/2026 Last Modified: 3/27/2026

Overview

Description

Like-new construction on Lake Minnetonka, only better! This exceptional 2021 custom-built luxury home is set on sought after Gideon Bay with 51 feet of sandy, level shoreline, a private beach, and panoramic lake views. Situated on an extra deep lot just minutes from downtown Excelsior, this property offers the rare combination of privacy, walkability, and premier lakeside living. Designated for both everyday living and entertaining, the home features a chef's kitchen with a 10-foot island, Thermador 8-burner gas/induction range, and a fully equipped back prep kitchen. The stunning primary suite captures sweeping lake views and includes a spa-like bath and oversized walk-in closet. Four bedrooms are located on the upper level, plus a private guest suite above the garage with its own entrance, kitchenette, and full bath, ideal for visitors, au pair, or multigenerational living. The walkout lower level is an entertainer's dream with a wine room, theater, exercise room, family room, guest bedroom, and a full bar with ice-maker and pass-through window to the patio bar, perfect for summer gatherings. The heated, lift-ready garage accommodates two vehicle lifts and is wired for supplemental heat. Enjoy front-row views of Excelsior's fireworks, quick access to Lake Minnetonka by boat, and proximity to restaurants, trails, and boutique shopping by land. This turn-key waterfront retreat is ideal for year-round living or as a premier summer lake home.

Listing Details MLS# 6823642

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
51
Waterfront Present
Yes
Year Built
2021
Yearly/Seasonal
Yearly
Zoning
Shoreline, Residential-Single Family
Bath Full
3
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1500
Above Grd Total SqFt
3788
Below Grd Total SqFt
1500
Total SqFt
5288
Total Finished Sqft
5088.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1500
Garage Stalls
3
Lot Dimensions
51x305x56x320
Acres
0.36
Assessment Pending
Unknown
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Ceiling Fan(s); Dock; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Paneled Doors; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Egress Windows; Full Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room Electric: Circuit Breakers Existing Financing: Conventional Exterior: Wood; Other Family Room Characteristics: Family Room; Great Room; Lower Level; Main Level Fireplace Characteristics: Gas Burning; Living Room Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air Lake Details: Sand Laundry: Laundry Room; Upper Level Lot Description: Accessible Shoreline; Tree Coverage - Medium Parking Characteristics: Garage Door Opener; Insulated Garage; Tuckunder Garage Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Metal; Pitched Second Unit: Existing In-Law w/Bath; Existing In-Law w/Kitchen Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 4 BR on One Level; Primary Bdr Suite Stories: Two Water: City Water - In Street Waterfront View: Panoramic; East

Contract Information

Contingency
None
Original List Price
3690000
ListPrice
3565000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
165
Street Name
Mound
Street Suffix
Avenue
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Slocums Rgt Of Manitou Forest

Assessments

Tax With Assessments
44875
Assessment Balance
0

Basement

Foundation Dimensions
36x76
Egress Windows
Yes
Full
Yes

More Information

Building Information

Finished SqFt Above Ground
3788
Finished SqFt Below Ground
1300

Lake Details

Lake Acres
14205
Lake Depth
113
Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x40
Garage Door Width
16
Garage Square Feet
800
Garage Door Opener
Yes
Insulated Garage
Yes
Tuckunder Garage
Yes

Public Survey Info

Range#
23
Section#
28
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 005 SLOCUMS RGT OF MANITOU FOREST INCL ADJ ST VAC
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
8572
Property ID Number
2811723430053
Tax Year
2025
Tax Amount
44875
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Like-new construction on Lake Minnetonka, only better! This exceptional 2021 custom-built luxury home is set on sought after Gideon Bay with 51 feet of sandy, level shoreline, a private beach, and panoramic lake views. Situated on an extra deep lot just minutes from downtown Excelsior, this property offers the rare combination of privacy, walkability, and premier lakeside living. Designated for both everyday living and entertaining, the home features a chef's kitchen with a 10-foot island, Thermador 8-burner gas/induction range, and a fully equipped back prep kitchen. The stunning primary suite captures sweeping lake views and includes a spa-like bath and oversized walk-in closet. Four bedrooms are located on the upper level, plus a private guest suite above the garage with its own entrance, kitchenette, and full bath, ideal for visitors, au pair, or multigenerational living. The walkout lower level is an entertainer's dream with a wine room, theater, exercise room, family room, guest bedroom, and a full bar with ice-maker and pass-through window to the patio bar, perfect for summer gatherings. The heated, lift-ready garage accommodates two vehicle lifts and is wired for supplemental heat. Enjoy front-row views of Excelsior's fireworks, quick access to Lake Minnetonka by boat, and proximity to restaurants, trails, and boutique shopping by land. This turn-key waterfront retreat is ideal for year-round living or as a premier summer lake home.
Directions
County Road 19 (Manitou Rd) to Woodlawn, left on Mound Avenue, home on right.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Boat Slip
Yes
Ceiling Fan(s)
Yes
Dock
Yes
Exercise Room
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Paneled Doors
Yes
Panoramic View
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Security System
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Air-To-Air Exchanger
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Kitchen/Dining Room
Yes

Electric

Circuit Breakers
Yes

Existing Financing

Conventional
Yes

Exterior

Wood
Yes
Other
Yes

Family Room Characteristics

Family Room
Yes
Great Room
Yes
Lower Level
Yes
Main Level
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Laundry

Laundry Room
Yes
Upper Level
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Deck
Yes
Rear Porch
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes
Metal
Yes
Pitched
Yes

Second Unit

Existing In-Law w/Bath
Yes
Existing In-Law w/Kitchen
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
4 BR on One Level
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

City Water - In Street
Yes

Waterfront View

Panoramic
Yes
East
Yes

Room Information

Bonus Room Dimensions: 12x17 Level: Lower Deck Dimensions: 12x20 Level: Main Dining Room Dimensions: 16x16 Level: Main Family Room Dimensions: 20x22 Level: Lower Fifth (5th) Bedroom Dimensions: 14x16 Level: Lower First (1st) Bedroom Dimensions: 20x20 Level: Upper Fourth (4th) Bedroom Dimensions: 11x11 Level: Upper Guest Room Dimensions: 22x23 Level: Upper Kitchen Dimensions: 12x20 Level: Main Living Room Dimensions: 20x20 Level: Main Office Dimensions: 12x8 Level: Main Second (2nd) Bedroom Dimensions: 16x14 Level: Upper Third (3rd) Bedroom Dimensions: 14x12 Level: Upper
Listing Office: RE/MAX Results
IDX
Last Updated: March - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.