248 Center Street, Excelsior, MN 55331

New Listing
$650,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,442 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $650,000 List Date: 4/06/2026 Last Modified: 4/06/2026

Overview

Description

Nestled on a quiet street in the Village of Excelsior, this cozy cottage offers an opportunity to embrace one of the most sought-after settings steps from Lake Minnetonka. Whether you envision creating an in-town summer cabin, taking on a renovation project, or you’re looking for a premier site to build new, the possibilities here are exceptional. Sited on a tree-lined corner, a detached shed provides additional storage while the lot offers an opportunity to build a two-car garage. Just a short stroll from iconic Water Street where boutiques, award-winning dining, coffee shops, and the vibrant energy of this historic lake town await. Spend summer evenings at Concerts in the Commons and take part in Excelsior’s beloved year-round community events, including Art on the Lake, Lake Minnetonka’s Fourth of July, Apple Days and much more. Adventure beyond the village by hopping on the nearby Lake Minnetonka LRT Regional Trail for miles of scenic biking and walking. Residents of Excelsior can apply for a dock slip on Lake Minnetonka through the City’s dock program, availability is limited and there is currently a waiting list.

Open Houses

Listing Details MLS# 7037595

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
880
Above Grd Total SqFt
1280
Below Grd Total SqFt
162
Total SqFt
1442
Total Finished Sqft
1280.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
880
Power Company
Xcel Energy
Lot Dimensions
110x58.66
Acres
0.15
Bath Half
0
Bath Quarter
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Window Unit(s) Amenities Unit: Ceiling Fan(s); Kitchen Window; Main Floor Primary Bedroom; Skylight; Walk-In Closet Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Basement: Concrete Block; Partial; Unfinished Bath Description: Main Floor Full Bath; Upper Level 3/4 Bath; Bathroom Ensuite Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Living/Dining Room; Separate/Formal Dining Room Electric: Circuit Breakers Exterior: Wood Family Room Characteristics: Family Room Fireplace Characteristics: Family Room; Gas Burning Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Laundry: Gas Dryer Hookup; Lower Level; Sink; Washer Hookup Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; VA Sewer: City Sewer/Connected Special Search: Main Floor Bedroom Stories: One and One Half Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
650000
ListPrice
650000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
248
Street Name
Center
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331

Assessments

Tax With Assessments
9436
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1280

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
34
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 019 CONNORS & OTHERS SUBD LOTS EXCELSIOR
Listing City
Excelsior
Map Page
117
Municipality
Excelsior
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
1820
Property ID Number
3411723120063
Tax Year
2026
Tax Amount
9436
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Nestled on a quiet street in the Village of Excelsior, this cozy cottage offers an opportunity to embrace one of the most sought-after settings steps from Lake Minnetonka. Whether you envision creating an in-town summer cabin, taking on a renovation project, or you’re looking for a premier site to build new, the possibilities here are exceptional. Sited on a tree-lined corner, a detached shed provides additional storage while the lot offers an opportunity to build a two-car garage. Just a short stroll from iconic Water Street where boutiques, award-winning dining, coffee shops, and the vibrant energy of this historic lake town await. Spend summer evenings at Concerts in the Commons and take part in Excelsior’s beloved year-round community events, including Art on the Lake, Lake Minnetonka’s Fourth of July, Apple Days and much more. Adventure beyond the village by hopping on the nearby Lake Minnetonka LRT Regional Trail for miles of scenic biking and walking. Residents of Excelsior can apply for a dock slip on Lake Minnetonka through the City’s dock program, availability is limited and there is currently a waiting list.
Directions
Water Street to 3rd Street, west to Center St. to home on left

Accessible

None
Yes

Air Conditioning

Window Unit(s)
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Skylight
Yes
Walk-In Closet
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Basement

Concrete Block
Yes
Partial
Yes
Unfinished
Yes

Bath Description

Main Floor Full Bath
Yes
Upper Level 3/4 Bath
Yes
Bathroom Ensuite
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Eat In Kitchen
Yes
Informal Dining Room
Yes
Living/Dining Room
Yes
Separate/Formal Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Wood
Yes

Family Room Characteristics

Family Room
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Gas Dryer Hookup
Yes
Lower Level
Yes
Sink
Yes
Washer Hookup
Yes

Lot Description

Corner Lot
Yes
Public Transit (w/in 6 blks)
Yes
Tree Coverage - Medium
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Adj. Rate/Gr Payment
Yes
Cash
Yes
Conventional
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

Main Floor Bedroom
Yes

Stories

One and One Half
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 15 x 11 Level: Main Family Room Dimensions: 14 x 11 Level: Main First (1st) Bedroom Dimensions: 11 x 10 Level: Main Informal Dining Room Dimensions: 7 x 6 Level: Main Kitchen Dimensions: 11 x 9 Level: Main Loft Dimensions: 11 x 13 Level: Upper Mud Room Dimensions: 7 x 5 Level: Main Second (2nd) Bedroom Dimensions: 11 x 10 Level: Upper
Listing Office: Coldwell Banker Realty
IDX
Last Updated: April - 06 - 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.