460 3rd Street, Excelsior, MN 55331

New Listing
$865,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,116 Lot Size (sq. ft.): 1,307 Status: Pending
Current Price: $865,000 List Date: 5/15/2026 Last Modified: 5/16/2026

Overview

Description

Incredible opportunity in the heart of Downtown Excelsior! Just two blocks from iconic Lake Minnetonka and steps from some of the area’s best restaurants, boutiques, coffee shops, and nightlife, this location truly offers the ultimate walkable lake lifestyle. Charming curb appeal, inviting front porch, beautifully designed open-concept main level featuring vaulted ceilings, freshly resurfaced hardwood floors, and abundant natural light. The layout creates the perfect environment for both everyday living and entertaining. The upper level offers a spacious primary suite, an additional bedroom, a second full bath, and convenient laundry. Lower-level is finished with in-floor heat. Could be used as an office, living or guest space. Over-sized 2-car garage with off-site parking for guests. Location, location, location. This is a rare chance to experience and embrace life in Downtown Excelsior!

Listing Details MLS# 7073841

General Property Information

Assoc Mgmt Co. Phone #
763-449-9100
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Omega Property Management
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
2007
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Bath Full
2
Bath Half
Yes
Main Floor Total SqFt
752
Above Grd Total SqFt
1876
Below Grd Total SqFt
240
Total SqFt
2116
Total Finished Sqft
2076.00
FireplaceYN
Yes
Style
(TH) Side x Side
Foundation Size
913
Association Fee
430
Garage Stalls
2
Lot Dimensions
43x34
Acres
0.03
Assessment Pending
No
Bath Three Quarters
0
Bath Quarter
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Hardwood Floors; Kitchen Window; Natural Woodwork; Primary Bedroom Walk-In Closet; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Freezer; Range; Refrigerator; Washer; Wine Cooler Association Fee Includes: Building Exterior; Hazard Insurance; Lawn Care; Outside Maintenance; Professional Mgmt; Snow Removal Assumable Loan: Not Assumable Basement: In-Floor Heat; Partial Bath Description: Main Floor 1/2 Bath; Full Primary; Private Primary; Jetted Tub; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Informal Dining Room Exterior: Brick/Stone; Shakes Family Room Characteristics: Main Level Fencing: None Fireplace Characteristics: Gas Burning; Living Room Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Laundry Closet; Upper Level; Washer Hookup Lock Box Type: SentriLock Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage; Tuckunder Garage Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry Stories: Two Townhouse Characteristics: End Unit; Multi-Level Water: City Water/Connected

Contract Information

Off Market Date
2026-05-16
Contingency
None
Original List Price
865000
ListPrice
865000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
460
Street Name
3rd
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Excelsior Promenade

Assessments

Tax With Assessments
11772.12
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1836
Finished SqFt Below Ground
240

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
Lot 001 Block 001 THE PROMENADE AT EXCELSIOR
Listing City
Excelsior
Map Page
117
Municipality
Excelsior
School District
Minnetonka
School District Phone
952-401-5000
Country
US
Property ID Number
3411723140059
Tax Year
2026
Tax Amount
11772.12
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible opportunity in the heart of Downtown Excelsior! Just two blocks from iconic Lake Minnetonka and steps from some of the area’s best restaurants, boutiques, coffee shops, and nightlife, this location truly offers the ultimate walkable lake lifestyle. Charming curb appeal, inviting front porch, beautifully designed open-concept main level featuring vaulted ceilings, freshly resurfaced hardwood floors, and abundant natural light. The layout creates the perfect environment for both everyday living and entertaining. The upper level offers a spacious primary suite, an additional bedroom, a second full bath, and convenient laundry. Lower-level is finished with in-floor heat. Could be used as an office, living or guest space. Over-sized 2-car garage with off-site parking for guests. Location, location, location. This is a rare chance to experience and embrace life in Downtown Excelsior!
Directions
Cty Rd 19 N of Hwy 7 to Water Street, R on 3rd St., R to home.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Deck
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Association Fee Includes

Building Exterior
Yes
Hazard Insurance
Yes
Lawn Care
Yes
Outside Maintenance
Yes
Professional Mgmt
Yes
Snow Removal
Yes

Assumable Loan

Not Assumable
Yes

Basement

In-Floor Heat
Yes
Partial
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Full Primary
Yes
Private Primary
Yes
Jetted Tub
Yes
Separate Tub & Shower
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Informal Dining Room
Yes

Exterior

Brick/Stone
Yes
Shakes
Yes

Family Room Characteristics

Main Level
Yes

Fencing

None
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Electric Dryer Hookup
Yes
Laundry Closet
Yes
Upper Level
Yes
Washer Hookup
Yes

Lock Box Type

SentriLock
Yes

Lot Description

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

Parking Characteristics

Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Tuckunder Garage
Yes

Patio, Porch and Deck Features

Deck
Yes

Pool Description

None
Yes

Restriction/Covenants

Architecture Committee
Yes
Easements
Yes
Mandatory Owners Assoc
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes

Stories

Two
Yes

Townhouse Characteristics

End Unit
Yes
Multi-Level
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 17 x 10 Level: Main Family Room Dimensions: 21 x 10 Level: Lower First (1st) Bedroom Dimensions: 15 x 14 Level: Upper Kitchen Dimensions: 13 x 10 Level: Main Living Room Dimensions: 14 x 13 Level: Main Second (2nd) Bedroom Dimensions: 14 x 11 Level: Upper
Listing Office: Coldwell Banker Realty - Southwest Regional
IDX
Last Updated: May - 16 - 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.