425 Lakeview Avenue, Excelsior, MN 55331

$2,000,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 4,889 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $2,000,000 List Date: 8/02/2023 Last Modified: 8/07/2025

Overview

Description

South facing opportunity on Gideons Bay, across the water from Excelsior. Open lake views and perfect elevation over your professional grade rip rap shoreline with sand bottom lakeshore. Classic 1930 built home with a thoughtful refresh and tons of character from the woodwork to the hardwood floors to the stunning vaulted space in the living room for a wash of natural light and drama. The lake side sun porch allows allows the perfect room to relax and enjoy the lakeside views. Main floor family room / den offers a separate living space. Spacious kitchen with eat in area and direct access to the lake side deck. Three beds up including a large primary suite, overlooking the lake. Two car attached garage with a wide driveway for extra parking. Full height basement allows gives plentiful storage. Walk to nearby Lost Bay and Carribean for lakeside dining and refreshments. Short drive or boat ride to all the entertainment and dining in Excelsior. High demand Minnetonka Schools.

Listing Details MLS# 6407192

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 Present
Yes
Year Built
1930
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Half
Yes
Main Floor Total SqFt
1934
Above Grd Total SqFt
2955
Below Grd Total SqFt
1934
Total SqFt
4889
Total Finished Sqft
3535.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1934
Garage Stalls
2
Lot Dimensions
54x179x54x168
Acres
0.21
Assessment Pending
Unknown
# Carport Spaces
0
Bath Three Quarters
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Hardwood Floors; Sun Room; Vaulted Ceiling(s); Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Basement: Full Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary Construction Status: Previously Owned Dining Room Description: Breakfast Area; Breakfast Bar; Eat In Kitchen; Separate/Formal Dining Room Electric: Circuit Breakers Exterior: Stucco Family Room Characteristics: 2 or More; Main Level Financing Terms: Conventional Fireplace Characteristics: Gas Burning; Living Room Fuel: Natural Gas Heating: Forced Air Lot Description: Tree Coverage - Medium Road Frontage: City Street Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: One and One Half Water: City Water/Connected Waterfront View: Bay; South

Contract Information

Digitally Altered Photos
No
Off Market Date
2023-08-06
Contingency
None
Closed Date
2023-09-25
Original List Price
2195000
Sales Close Price
2000000
ListPrice
2195000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
425
Street Name
Lakeview
Street Suffix
Avenue
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Minnetonka Lake Park

Assessments

Tax With Assessments
15856
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2955
Finished SqFt Below Ground
580

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 Square Feet
440

Public Survey Info

Range#
23
Section#
27
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 050 MINNETONKA LAKE PARK LOT 50 AND W 1 FT OF LOT 51 AND ALL OF VAC CEDAR ST ADJ TO SAID LOT 50 INCL ALL THAT PART OF VAC MINNEKAMIN AVE LYING BETWEEN SLY EXT OF E LINE OF SAID W 1 FT OF LOT 51 AND SLY EXT OF W LINE OF SAID VAC CEDAR ST EXCEPT ST REET
Listing City
Excelsior
Map Page
117
Municipality
Tonka Bay
Rental License?
No
School District
Minnetonka
School District Phone
952-401-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
9410
Property ID Number
2711723320015
Tax Year
2023
Tax Amount
15856
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
South facing opportunity on Gideons Bay, across the water from Excelsior. Open lake views and perfect elevation over your professional grade rip rap shoreline with sand bottom lakeshore. Classic 1930 built home with a thoughtful refresh and tons of character from the woodwork to the hardwood floors to the stunning vaulted space in the living room for a wash of natural light and drama. The lake side sun porch allows allows the perfect room to relax and enjoy the lakeside views. Main floor family room / den offers a separate living space. Spacious kitchen with eat in area and direct access to the lake side deck. Three beds up including a large primary suite, overlooking the lake. Two car attached garage with a wide driveway for extra parking. Full height basement allows gives plentiful storage. Walk to nearby Lost Bay and Carribean for lakeside dining and refreshments. Short drive or boat ride to all the entertainment and dining in Excelsior. High demand Minnetonka Schools.
Directions
CTY #19 (Manitou Rd) to Tonka Bay Rd, East / SE to Cedar St, south to Lakeview, 425 Lakeview is just east of Cedar

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Deck
Yes
Hardwood Floors
Yes
Sun Room
Yes
Vaulted Ceiling(s)
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Basement

Full
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Breakfast Bar
Yes
Eat In Kitchen
Yes
Separate/Formal Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Stucco
Yes

Family Room Characteristics

2 or More
Yes
Main Level
Yes

Financing Terms

Conventional
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes
Lake View
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Deck
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

City Sewer/Connected
Yes

Stories

One and One Half
Yes

Water

City Water/Connected
Yes

Waterfront View

Bay
Yes
South
Yes

Room Information

Kitchen Dimensions: 12 x 12 Level: Main Family Room Dimensions: 17 x 16 Level: Main Informal Dining Room Dimensions: 12 x 10 Level: Main Second (2nd) Bedroom Dimensions: 14 x 12 Level: Upper First (1st) Bedroom Dimensions: 20 x 16 Level: Upper Exercise Room Dimensions: 13 x 13 Level: Basement Third (3rd) Bedroom Dimensions: 12 x 10 Level: Upper Deck Level: Main Dining Room Dimensions: 16 x 14 Level: Main Living Room Dimensions: 20 x 14 Level: Main
Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 07 - 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.