220 W Lake Street, Excelsior, MN 55331

$6,283,135
Property Type: Residential Bedrooms: 4 Baths: 7 Square Footage: 6,594 Lot Size (sq. ft.): 24,829 Status: Closed
Current Price: $6,283,135 List Date: 5/08/2025 Last Modified: 8/06/2025

Overview

Description

Main floor living in downtown Excelsior....ON Lake Minnetonka. A true unicorn. Perfect elevation to Lake Minnetonka showcasing sunsets and big water views - All ensuite bedrooms - In the Village of Excelsior! Step inside to find a totally remodeled home showcasing clean lines, sophisticated finishes, a thoughtful floor plan for everyday living and grand entertaining. Vaulted ceilings, expansive lakeside windows, and an open-concept living space that floods with natural light and panoramic lake views. The gourmet kitchen features high-end stainless steel appliances, quartzite countertops, a large island, and custom cabinetry—perfect for entertaining or enjoying a peaceful morning with coffee. Savor evenings in the lakeside screen porch or patio. High ceilings and great clean lined custom touches grace every inch of this remarkable home. A 3 car finished garage, lakeside office, fenced courtyard, 2 lakeside guest suites plus a loft area upstairs, (also with amazing views) just add to list of checkmarks for this house. The bonus room above the garage with a bathroom (currently a fully outfitted home gym) gives you a flex space to create whatever you dream of. The walk out lower level offers another fireplace, a full entertaining beverage bar, 2nd laundry plus a private bedroom suite and great storage. 2 lakeside storage rooms offer clean dry places to keep all the toys and necessities for lake living. Stunning landscaping - including under deck turf , beautiful stone patios and a lovely easy slope to your own lakeside fun (dock and canopy included). Easy parking both in spacious driveway and street. This home offers wonderful privacy at home but within walking distance of coffee, groceries, restaurants, Excelsior events. There are only 27 homes on the lake in downtown Excelsior.....if you have always dreamed of it , now is your chance!

Listing Details MLS# 6689838

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
No
Waterfront Present
Yes
Year Built
1960
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
5
Bath Half
Yes
Main Floor Total SqFt
2720
Above Grd Total SqFt
4788
Below Grd Total SqFt
1806
Total SqFt
6594
Total Finished Sqft
6594.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2231
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
96x260
Acres
0.57
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Other Air Conditioning: Central Air Amenities Unit: Boat Slip; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Indoor Sprinklers; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Porch; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Dryer; Energy Star Appliances; Freezer; Microwave; Refrigerator; Washer; Wine Cooler Basement: Concrete Block; Full; Storage Space; Tile Shower Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath; Upper Level 3/4 Bath; 3/4 Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Walk-In Shower Stall Construction Materials: Block Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Separate/Formal Dining Room Electric: 200+ Amp Service Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Free and Clear Exterior: Brick/Stone; Cedar Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Entertainment/Media Center; Family Room; Great Room; Loft; Lower Level; Main Level Fencing: Other Financing Terms: Cash Fireplace Characteristics: Amusement Room; Family Room; Gas Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Lake Details: Sand Laundry: In Basement; Laundry Room; Main Level Lock Box Type: Supra Lot Description: Accessible Shoreline; Tree Coverage - Light Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage Property Subtype: Loft Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Architectural Shingle Sellers Terms: Cash; Conventional; VA Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite; Renovated Stories: One and One Half Water: City Water/Connected Waterfront View: North; West

Contract Information

Off Market Date
2025-05-22
Contingency
None
Closed Date
2025-06-11
Original List Price
6500000
Sales Close Price
6283135
ListPrice
6500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
220
Street Direction Prefix
W
Street Name
Lake
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Bells Sub Lts 61 62 & 63 Excelsior

Assessments

Tax With Assessments
64554
Assessment Balance
0

Building Information

Finished SqFt Above Ground
4788
Finished SqFt Below Ground
1806

More Information

Lake Details

Lake Acres
14205
Lake Depth
113
Sand
Yes

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR
Supra
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
44x22
Garage Door Height
8
Garage Door Width
9
Garage Square Feet
848
Finished Garage
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
23
Section#
27
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
BELLS SUBD LOTS 61 62 & 63 EXCELSIOR LOTS 2 AND 3
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
1615
Property ID Number
2711723430023
Tax Year
2024
Tax Amount
64554
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Main floor living in downtown Excelsior....ON Lake Minnetonka. A true unicorn. Perfect elevation to Lake Minnetonka showcasing sunsets and big water views - All ensuite bedrooms - In the Village of Excelsior! Step inside to find a totally remodeled home showcasing clean lines, sophisticated finishes, a thoughtful floor plan for everyday living and grand entertaining. Vaulted ceilings, expansive lakeside windows, and an open-concept living space that floods with natural light and panoramic lake views. The gourmet kitchen features high-end stainless steel appliances, quartzite countertops, a large island, and custom cabinetry—perfect for entertaining or enjoying a peaceful morning with coffee. Savor evenings in the lakeside screen porch or patio. High ceilings and great clean lined custom touches grace every inch of this remarkable home. A 3 car finished garage, lakeside office, fenced courtyard, 2 lakeside guest suites plus a loft area upstairs, (also with amazing views) just add to list of checkmarks for this house. The bonus room above the garage with a bathroom (currently a fully outfitted home gym) gives you a flex space to create whatever you dream of. The walk out lower level offers another fireplace, a full entertaining beverage bar, 2nd laundry plus a private bedroom suite and great storage. 2 lakeside storage rooms offer clean dry places to keep all the toys and necessities for lake living. Stunning landscaping - including under deck turf , beautiful stone patios and a lovely easy slope to your own lakeside fun (dock and canopy included). Easy parking both in spacious driveway and street. This home offers wonderful privacy at home but within walking distance of coffee, groceries, restaurants, Excelsior events. There are only 27 homes on the lake in downtown Excelsior.....if you have always dreamed of it , now is your chance!
Directions
Downtown Excelsior - Water Street to Lake Street - West on Lake Street. House on the Lake - 220 W. Lake Street

Accessible

Other
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Boat Slip
Yes
Exercise Room
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Indoor Sprinklers
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Air-To-Air Exchanger
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Energy Star Appliances
Yes
Freezer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Basement

Concrete Block
Yes
Full
Yes
Storage Space
Yes
Tile Shower
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Main Floor Full Bath
Yes
Upper Level 3/4 Bath
Yes
3/4 Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Walk-In Shower Stall
Yes

Construction Materials

Block
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes
Separate/Formal Dining Room
Yes

Electric

200+ Amp Service
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Existing Financing

Free and Clear
Yes

Exterior

Brick/Stone
Yes
Cedar
Yes

Family Room Characteristics

2 or More
Yes
2 Story/High/Vaulted Ceilings
Yes
Entertainment/Media Center
Yes
Family Room
Yes
Great Room
Yes
Loft
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Other
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Amusement Room
Yes
Family Room
Yes
Gas Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Laundry

In Basement
Yes
Laundry Room
Yes
Main Level
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Light
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Deck
Yes
Patio
Yes
Screened
Yes

Property Subtype

Loft
Yes

Road Frontage

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

Road Responsibility

Public Maintained Road
Yes

Roof

Architectural Shingle
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

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

Stories

One and One Half
Yes

Water

City Water/Connected
Yes

Waterfront View

North
Yes
West
Yes

Room Information

Bathroom Dimensions: 6x14 Level: Upper Bathroom Dimensions: 6x13 Level: Upper Bathroom Dimensions: 13x7 Level: Lower Bathroom Dimensions: 7x7 Level: Lower Third (3rd) Bedroom Dimensions: 12x18 Level: Upper Laundry Dimensions: 9x17 Level: Lower Recreation Room Dimensions: 26x22 Level: Lower Loft Dimensions: 13x21 Level: Upper Primary Bath Dimensions: 10x10 Level: Main Second (2nd) Bedroom Dimensions: 16x17 Level: Upper Office Dimensions: 21x11 Level: Main Living Room Dimensions: 22x22 Level: Main First (1st) Bedroom Dimensions: 13x23 Level: Main Screened Porch Dimensions: 15x20 Level: Main Dining Room Dimensions: 12x19 Level: Main Kitchen Dimensions: 13x23 Level: Main Exercise Room Dimensions: 35 x 23 Level: Upper Garage Dimensions: 44x22 Level: Main Fourth (4th) Bedroom Dimensions: 13x14 Level: Lower Amusement Room Dimensions: 23x11 Level: Lower
Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 06 - 2025
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.