511 2nd Street, 2, Excelsior, MN 55331

$1,950,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,968 Lot Size (sq. ft.): 8,276 Status: Closed
Current Price: $1,950,000 List Date: 3/05/2024 Last Modified: 8/08/2025

Overview

Description

Located in the heart of charming downtown Excelsior, Lake House Condominiums offers the epitome of luxury turn-key condo living. Impressive high-end finishes, fixtures, and craftsmanship throughout. Highlights include beautiful wide-plank hardwood floors, Thermador SS appliances, large center island with waterfall edge, custom cabinetry, custom closet systems, en-suite bedrooms, and designer bath and lighting fixtures. Ideal entertaining spots inside by the wet bar or pass through the 12' accordion doors to the covered balcony with gas fireplace. Enjoy lake views and the ease of walking to all the exciting restaurants, shopping and community events in Excelsior.

Listing Details MLS# 6488955

General Property Information

Assoc Mgmt Co. Phone #
612-296-0900
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Pending
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Year Built
2023
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1968
Above Grd Total SqFt
1968
Total SqFt
1968
Total Finished Sqft
1968.00
FireplaceYN
Yes
Style
(CC) Low Rise (3- Levels)
Foundation Size
1968
Association Fee
1479
Garage Stalls
3
Lot Dimensions
Common
Acres
0.19
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Unit: Balcony; Hardwood Floors; Kitchen Center Island; Primary Bedroom Walk-In Closet; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Microwave; Refrigerator; Washer; Wine Cooler Association Fee Includes: Internet; Sanitation; Other Basement: None Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower Construction Status: Completed New Construction Dining Room Description: Living/Dining Room Exterior: Brick/Stone Financing Terms: Cash Fireplace Characteristics: Gas Burning; Living Room Foundation: None Fuel: Natural Gas Heating: Forced Air Laundry: In Unit Parking Characteristics: Assigned Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date
2024-06-28
Contingency
None
Closed Date
2024-08-02
Original List Price
2175000
Sales Close Price
1950000
ListPrice
2175000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
511
Street Name
2nd
Street Suffix
Street
Unit Number
2
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
500 Lake Add

Building Information

Finished SqFt Above Ground
1968

Lease Details

Land Leased
Not Applicable

More Information

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
35
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
TBD
Listing City
Excelsior
Map Page
117
Municipality
Excelsior
Rental License?
No
School District
Minnetonka
School District Phone
952-401-5000
County Abbreviation
2
Property ID Number
TBD
Tax Year
2023
Tax Amount
0
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Located in the heart of charming downtown Excelsior, Lake House Condominiums offers the epitome of luxury turn-key condo living. Impressive high-end finishes, fixtures, and craftsmanship throughout. Highlights include beautiful wide-plank hardwood floors, Thermador SS appliances, large center island with waterfall edge, custom cabinetry, custom closet systems, en-suite bedrooms, and designer bath and lighting fixtures. Ideal entertaining spots inside by the wet bar or pass through the 12' accordion doors to the covered balcony with gas fireplace. Enjoy lake views and the ease of walking to all the exciting restaurants, shopping and community events in Excelsior.
Directions
Hwy 7 west, exit to downtown Excelsior

Accessible

Accessible Elevator Installed
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Primary Bedroom Walk-In Closet
Yes
Wet Bar
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Assessments

Assessment Balance
0
Tax With Assessments
0

Association Fee Includes

Internet
Yes
Sanitation
Yes
Other
Yes

Basement

None
Yes

Bath Description

Double Sink
Yes
Main Floor 1/2 Bath
Yes
Main Floor 3/4 Bath
Yes
Full Primary
Yes
Private Primary
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes

Construction Status

Completed New Construction
Yes

Dining Room Description

Living/Dining Room
Yes

Exterior

Brick/Stone
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

None
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Unit
Yes

Parking Characteristics

Assigned
Yes

Patio, Porch and Deck Features

Covered
Yes

Restriction/Covenants

Mandatory Owners Assoc
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 23x11 Level: Main Living Room Dimensions: 23x15 Level: Main First (1st) Bedroom Dimensions: 13x15 Level: Main Kitchen Dimensions: 14x18 Level: Main Den Dimensions: 14x8 Level: Main Second (2nd) Bedroom Dimensions: 10x11 Level: Main Porch Dimensions: 10x20 Level: Main
Listing Office: Compass
IDX
Last Updated: August - 08 - 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.