4900 Meadville Street, Excelsior, MN 55331

New Listing
$4,995,000
Property Type: Land Lot Size (sq. ft.): 27,443 Status: Active
Current Price: $4,995,000 List Date: 3/24/2026 Last Modified: 3/25/2026

Overview

Description

A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing. The lot has been perfectly graded and is prepped and ready for you to build your dream home. The neighborhood is exceptional with a small neighborhood park and walking trail and adjacent to the LRT Trail. Just a 1-mile walk from charming Excelsior, enjoy all the boutique shops, restaurants, antique stores, Library, Brewery and Kowalski’s grocery store – minutes away! The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park all summer long. Excelsior is host to events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs that take place every season of the year. This is an incredible opportunity to build your dream home in a prime location in the demand Minnetonka School District. Open to all builders. Please note the dock will stay with the property however the boathouse, boat lift, and kayak lift do not convey.

Listing Details MLS# 7042283

General Property Information

Comp Sale YN
No
Development
No
Drainage
Excellent
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
199
Waterfront Present
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
199.5L x 152 x 167 x 152
Acres
0.63
Lake/Waterfront Name
Minnetonka
Association Fee
0

Property Features

Available Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Well Available; Private Well Connected; Sewer Available; Sewer Connected Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Level Existing Financing: Free and Clear Improvements: Public Road Lake Details: Hard; Sand Land Inclusions: Dock; Survey Lot Description: Accessible Shoreline; Tree Coverage - Medium Property SubType: Lake Property Road Frontage: City Street Road Responsibility: Public Maintained Road Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; VA Topography: Level Waterfront View: Lake; Panoramic; North; West

Contract Information

Contingency
None
Original List Price
4995000
ListPrice
4995000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4900
Street Name
Meadville
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331

Assessments

Tax With Assessments
46861
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
0-4

Lake Details

Lake Acres
14205
Lake Depth
113
Hard
Yes
Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
26
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
MEADEVILLE PARK LOTS 1 2 AND 3 MEADEVILLE PARK INCL ADJ VAC STREET ALSO THAT PART OF LOT 1 COVINGTON, IN THE TOWN OF EXCELSIOR DESC AS FOL BEG AT PT OF INTERSECTION OF W LINE OF SAID LOT 1 COVINGTON WITH THE NELY EXTENSION OF SLY LINE OF SAID LOT 1 M EADEVILLE PARK TH NELY ALONG SAID EXTENSION DIS 49.80 FT TH DEFL LEFT 74 DEG 24 MIN 50 SEC AND RUNNING NWLY TO SHORE OF LAKE MTKA TH SWLY ALONG SAID SHORE TO ITS INTERSECTION WITH W LINE OF SAID LOT 1 COVINGTON AND ITS EXTENSIONS TH S ALONG SAID W L I NE TO BEG
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
8615
Property ID Number
2611723240033
Tax Year
2026
Tax Amount
46861
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing. The lot has been perfectly graded and is prepped and ready for you to build your dream home. The neighborhood is exceptional with a small neighborhood park and walking trail and adjacent to the LRT Trail. Just a 1-mile walk from charming Excelsior, enjoy all the boutique shops, restaurants, antique stores, Library, Brewery and Kowalski’s grocery store – minutes away! The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park all summer long. Excelsior is host to events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs that take place every season of the year. This is an incredible opportunity to build your dream home in a prime location in the demand Minnetonka School District. Open to all builders. Please note the dock will stay with the property however the boathouse, boat lift, and kayak lift do not convey.
Directions
Minnetonka Blvd to Meadville Street to the lot

Development Status

Finished Lot(s)
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Existing Financing

Free and Clear
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Medium
Yes

Restriction/Covenants

Easements-Utility
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Adj. Rate/Gr Payment
Yes
Cash
Yes
Conventional
Yes
VA
Yes

Topography

Level
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
North
Yes
West
Yes

Available Utilities

Cable Available
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Private Well Available
Yes
Private Well Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes

Improvements

Public Road
Yes

Land Inclusions

Dock
Yes
Survey
Yes

Property SubType

Lake Property
Yes
Listing Office: Coldwell Banker Realty
IDX
Last Updated: March - 25 - 2026
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