2509 Kelly Avenue, Excelsior, MN 55331

$3,150,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 6,456 Lot Size (sq. ft.): 51,401 Status: Closed
Current Price: $3,150,000 List Date: 7/25/2023 Last Modified: 8/07/2025

Overview

Description

Welcome to 2509 Kelly Avenue – a truly remarkable lakefront retreat on the shores of Lake Minnetonka. This exclusive property boasts an extraordinary 260' of lake shore on Carmen Bay allowing for lake views from almost every room. Walk in and immediately observe light-filled spaces with vaulted ceilings and custom built-ins. Formal living and dining area plus multi-level deck, patio, outdoor fire place and screened porch are great for entertaining inside and out. Enjoy a private primary suite complete with generous walk in closet, full bathroom and lake views. Near the primary you'll find a large office with plentiful storage and en suite bathroom. The kitchen with stainless steel appliances, ample cabinet space, and eat-in kitchen walks out to the deck. Additional bedrooms are separate from primary wing. Lower level holds second living space, second kitchen/bar area and sport court. Major addition in 1992 and continually updated. Dock and canopy included in the sale of home.

Listing Details MLS# 6400291

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
260
Waterfront Present
Yes
Year Built
1977
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
3
Bath Half
Yes
Main Floor Total SqFt
2695
Above Grd Total SqFt
5881
Below Grd Total SqFt
575
Total SqFt
6456
Total Finished Sqft
6456.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2502
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
Irregular
Acres
1.18
# Carport Spaces
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Water Filtration System Assumable Loan: Not Assumable Basement: Concrete Block; Drain Tiled; Full; Storage Space; Storage/Locker; Sump Pump Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor Full Bath; Upper Level 3/4 Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room; Separate/Formal Dining Room Electric: 200+ Amp Service Exterior: Brick/Stone; Cedar Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Lower Level; Main Level Financing Terms: Conventional Fireplace Characteristics: Living Room; Wood Burning Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room; Main Level Lot Description: Accessible Shoreline; Tree Coverage - Medium Parking Characteristics: Garage Door Opener Road Frontage: City Street Roof: Age Over 8 Years Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: Main Floor Laundry Stories: Four or More Level Split Water: City Water/Connected

Contract Information

Off Market Date
2023-10-20
Contingency
None
Closed Date
2023-11-27
Original List Price
3595000
Sales Close Price
3150000
ListPrice
3400000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2509
Street Name
Kelly
Street Suffix
Avenue
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Registered Land Surv 1426 Trac

Assessments

Tax With Assessments
23609.42
Assessment Balance
0

Building Information

Finished SqFt Above Ground
5881
Finished SqFt Below Ground
575

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
36x26
Garage Square Feet
926
Garage Door Opener
Yes

Public Survey Info

Range#
23
Section#
20
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
REG. LAND SURVEY NO. 1428 TRACT B
Listing City
Excelsior
Map Page
117
Municipality
Orono
Rental License?
No
School District
Westonka
School District Phone
952-491-8001
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
9574
Property ID Number
2011723120037
Tax Year
2023
Tax Amount
23609.42
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to 2509 Kelly Avenue – a truly remarkable lakefront retreat on the shores of Lake Minnetonka. This exclusive property boasts an extraordinary 260' of lake shore on Carmen Bay allowing for lake views from almost every room. Walk in and immediately observe light-filled spaces with vaulted ceilings and custom built-ins. Formal living and dining area plus multi-level deck, patio, outdoor fire place and screened porch are great for entertaining inside and out. Enjoy a private primary suite complete with generous walk in closet, full bathroom and lake views. Near the primary you'll find a large office with plentiful storage and en suite bathroom. The kitchen with stainless steel appliances, ample cabinet space, and eat-in kitchen walks out to the deck. Additional bedrooms are separate from primary wing. Lower level holds second living space, second kitchen/bar area and sport court. Major addition in 1992 and continually updated. Dock and canopy included in the sale of home.
Directions
Cty Rd 15 west, left on Kelly Avenue to home on right

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Water Filtration System
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes
Drain Tiled
Yes
Full
Yes
Storage Space
Yes
Storage/Locker
Yes
Sump Pump
Yes

Bath Description

Double Sink
Yes
Main Floor 1/2 Bath
Yes
Main Floor Full Bath
Yes
Upper Level 3/4 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 Status

Previously Owned
Yes

Dining Room Description

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

Electric

200+ Amp Service
Yes

Exterior

Brick/Stone
Yes
Cedar
Yes

Family Room Characteristics

2 Story/High/Vaulted Ceilings
Yes
Lower Level
Yes
Main Level
Yes

Financing Terms

Conventional
Yes

Fireplace Characteristics

Living Room
Yes
Wood Burning
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Laundry

Laundry Room
Yes
Main Level
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes
Enclosed
Yes
Screened
Yes
Side Porch
Yes

Road Frontage

City Street
Yes

Roof

Age Over 8 Years
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

Main Floor Laundry
Yes

Stories

Four or More Level Split
Yes

Water

City Water/Connected
Yes

Room Information

Living Room Dimensions: 13x16 Level: Main Living Room Dimensions: 29x23 Level: Main Dining Room Dimensions: 15x23 Level: Main First (1st) Bedroom Dimensions: 23x17 Level: Upper Kitchen Dimensions: 21x18 Level: Main Third (3rd) Bedroom Dimensions: 18x16 Level: Lower Second (2nd) Bedroom Dimensions: 20x13 Level: Upper Office Dimensions: 15x18 Level: Upper Fourth (4th) Bedroom Dimensions: 15x18 Level: Lower Screened Porch Dimensions: 15x15 Level: Main Family Room Dimensions: 28x22 Level: Lower Athletic Court Dimensions: 25x23 Level: Lower Second Kitchen Dimensions: 15x11 Level: Lower
Listing Office: Compass
IDX
Last Updated: August - 07 - 2025
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