254 Lake Street, Excelsior, MN 55331 (MLS# 6789422)

Overview

Description

Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an extraordinary lifestyle where lakefront elegance meets vibrant downtown energy just moments from Minnesota's most coveted lake. Wake up to breathtaking water views and endless recreational opportunities while being steps away from boutique shopping, acclaimed waterfront restaurants, the famous Excelsior Commons, and seasonal festivals that make this community so special. Excelsior seamlessly blends historic charm with modern sophistication, where you can stroll tree-lined streets to lakeside dining, catch live music at the bandshell, launch your boat just minutes away, or simply enjoy the tranquil beauty of lakeside living that puts water sports, fine dining, and the coveted Lake Minnetonka lifestyle right at your doorstep. With fresh contemporary design featuring premium finishes throughout, modern energy-efficient systems, move-in ready convenience, and builder warranty protection, this expansive home offers the perfect blend of luxury, location, and lifestyle in one of Minnesota's most desirable communities where every day feels like a vacation and easy Twin Cities access maintains that cherished small-town lake community feel that makes Excelsior truly extraordinary.

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?: Yes
Waterfront Present: No
Year Built: 2025
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Bath Half: Yes
Main Floor Total SqFt: 2414
Above Grd Total SqFt: 4156
Below Grd Total SqFt: 1766
Total SqFt: 5922
Total Finished Sqft: 4661.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1766
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 55X127
Acres: 0.16
Bath Three Quarters: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Ceiling Fan(s); Exercise Room; Hardwood Floors; Hot Tub; Kitchen Center Island; Kitchen Window; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Sauna; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Chandelier; Dishwasher; Double Oven; Dryer; Electronic Air Filter; Freezer; Microwave; Refrigerator; Washer Basement: Concrete Block Bath Description: Sauna; Steam Shower; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary Construction Materials: Block; Concrete; Stone Construction Status: Completed New Construction Dining Room Description: Informal Dining Room Exterior: Fiber Board Family Room Characteristics: 2 or More; Loft; Lower Level; Main Level Fencing: Wood Fireplace Characteristics: Family Room; Gas Burning; Living Room Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Closet; Upper Level Pool Description: Below Ground; Heated Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected Waterfront View: Bay; Harbor; Panoramic; East

Contract Information

Contingency: None
Original List Price: 5700000
ListPrice: 5299000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 254
Street Name: Lake
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Seamans Sub Of Lts 7 & 8 Excelsior

Assessments

Tax With Assessments: 13981
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2983
Finished SqFt Below Ground: 1678

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 20x26
Garage Square Feet: 531

Public Survey Info

Range#: 23
Section#: 34
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 003 SEAMANS SUBD OF LOTS 7 & 8 EXCELSIOR EX ALLEY
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: 1756
Property ID Number: 3411723110134
Tax Year: 2025
Tax Amount: 13981
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an extraordinary lifestyle where lakefront elegance meets vibrant downtown energy just moments from Minnesota's most coveted lake. Wake up to breathtaking water views and endless recreational opportunities while being steps away from boutique shopping, acclaimed waterfront restaurants, the famous Excelsior Commons, and seasonal festivals that make this community so special. Excelsior seamlessly blends historic charm with modern sophistication, where you can stroll tree-lined streets to lakeside dining, catch live music at the bandshell, launch your boat just minutes away, or simply enjoy the tranquil beauty of lakeside living that puts water sports, fine dining, and the coveted Lake Minnetonka lifestyle right at your doorstep. With fresh contemporary design featuring premium finishes throughout, modern energy-efficient systems, move-in ready convenience, and builder warranty protection, this expansive home offers the perfect blend of luxury, location, and lifestyle in one of Minnesota's most desirable communities where every day feels like a vacation and easy Twin Cities access maintains that cherished small-town lake community feel that makes Excelsior truly extraordinary.
Directions: WATER ST TO LAKE ST TO 1ST ST RIGHT INTO ALLEY - 254 STRAIGHT AHEAD

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Boat Slip: Yes
Ceiling Fan(s): Yes
Exercise Room: Yes
Hardwood Floors: Yes
Hot Tub: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Panoramic View: Yes
Patio: Yes
Primary Bedroom Walk-In Closet: Yes
Sauna: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes

Appliances

Chandelier: Yes
Dishwasher: Yes
Double Oven: Yes
Dryer: Yes
Electronic Air Filter: Yes
Freezer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Basement

Concrete Block: Yes

Bath Description

Sauna: Yes
Steam Shower: Yes
Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Basement: Yes

Construction Materials

Block: Yes
Concrete: Yes
Stone: Yes

Construction Status

Completed New Construction: Yes

Dining Room Description

Informal Dining Room: Yes

Exterior

Fiber Board: Yes

Family Room Characteristics

2 or More: Yes
Loft: Yes
Lower Level: Yes
Main Level: Yes

Fencing

Wood: Yes

Fireplace Characteristics

Family Room: Yes
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 View: Yes

Laundry

Laundry Closet: Yes
Upper Level: Yes

Patio, Porch and Deck Features

Covered: Yes
Patio: Yes
Screened: Yes

Pool Description

Below Ground: Yes
Heated: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Waterfront View

Bay: Yes
Harbor: Yes
Panoramic: Yes
East: Yes