401 Highway 7, Excelsior, MN 55331 (MLS# 7020660)

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Other Parking Spaces: 2
Road Btwn WF & Home?: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 1400
Above Grd Total SqFt: 2800
Below Grd Total SqFt: 1400
Total SqFt: 4200
Total Finished Sqft: 3178.00
FireplaceYN: Yes
Lake/Waterfront Name: Galpin
Style: (SF) Single Family
Foundation Size: 1400
Lot Dimensions: 92'x140'x108'x139'
Acres: 0.32
Assessment Pending: Unknown
Bath Half: 0
Bath Quarter: 0
Garage Stalls: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; French Doors; Hardwood Floors; Kitchen Window; Natural Woodwork; Panoramic View; Patio; Tile Floors; Walk-Up Attic Appliances: Central Vacuum; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Drain Tiled; Egress Windows; Full; Partially Finished; Sump Pump Bath Description: Main Floor 3/4 Bath; Upper Level Full Bath Construction Status: Previously Owned Dining Room Description: Separate/Formal Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Exterior: Vinyl Family Room Characteristics: Main Level Financing Terms: Conventional Fireplace Characteristics: Family Room Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: Combo Lot Description: Corner Lot; Tree Coverage - Light Road Frontage: Highway; Paved Streets; State Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 4 BR on One Level Stories: Two Water: City Water/Connected Waterfront View: Lake; Panoramic; South; East

Contract Information

Off Market Date: 2026-03-13
Contingency: None
Closed Date: 2026-04-10
Original List Price: 425000
Sales Close Price: 425000
ListPrice: 425000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 401
Street Name: Highway 7
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Auditors Sub 135

Assessments

Tax With Assessments: 4723
Assessment Balance: 0
Assessment Installment: 0

Building Information

Finished SqFt Above Ground: 2800
Finished SqFt Below Ground: 378

More Information

Lake Details

Lake Acres: 45
Lake Depth: No

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

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

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 309 AUDITOR'S SUBD. NO. 135
Listing City: Excelsior
Map Page: 117
Municipality: Excelsior
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27014400
DNR Lake Classification: Recreational Development
Zip Plus 4: 3106
Property ID Number: 3411723140033
Tax Year: 2025
Tax Amount: 4723
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Experience Lake Minnetonka living in this spacious 5-bedroom Excelsior home, just steps from access to Lake Galpin. With over 3,100 finished square feet, this move-in ready property offers exceptional space at a rare price point in this location. Major updates provide peace of mind, including furnace (2023), central air (2023), water heater (2023), kitchen appliances (2021–2022), washer and dryer (2020), and new upper-level carpet (2023). The open-concept main level is ideal for both everyday living and entertaining, featuring hardwood floors and a cozy fireplace that add warmth and character. Outdoor living shines with a recently refinished lower deck and spacious patio — perfect for summer BBQs, gatherings, or relaxing evenings. Enjoy year-round recreation with nearby lake access, then stroll just five minutes to vibrant downtown Excelsior and Lake Minnetonka.
Directions: Highway 7 West of Christmas Lake Road to home on South side of the road.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Deck: Yes
French Doors: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Panoramic View: Yes
Patio: Yes
Tile Floors: Yes
Walk-Up Attic: Yes

Appliances

Central Vacuum: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Drain Tiled: Yes
Egress Windows: Yes
Full: Yes
Partially Finished: Yes
Sump Pump: Yes

Bath Description

Main Floor 3/4 Bath: Yes
Upper Level Full Bath: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Separate/Formal Dining Room: Yes

Electric

Circuit Breakers: Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Exterior

Vinyl: Yes

Family Room Characteristics

Main Level: Yes

Financing Terms

Conventional: Yes

Fireplace Characteristics

Family Room: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Lake View: Yes

Laundry

In Basement: Yes

Lock Box Type

Combo: Yes

Lot Description

Corner Lot: Yes
Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes

Road Frontage

Highway: Yes
Paved Streets: Yes
State Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

4 BR on One Level: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Waterfront View

Lake: Yes
Panoramic: Yes
South: Yes
East: Yes