75 Fairhope Avenue, Excelsior, MN 55331

$2,650,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,014 Lot Size (sq. ft.): 112,820 Status: Closed
Current Price: $2,650,000 List Date: 6/21/2024 Last Modified: 8/08/2025

Overview

Description

Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka. This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car garage and protected dock that does not need to be removed in the winter! This property is a true gem waiting to be discovered, but wait there's more.. If the architecture doesn't meet your style, we have plans that can be shared.

Listing Details MLS# 6556001

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 Frontage
1000
Waterfront Present
Yes
Year Built
1989
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1621
Above Grd Total SqFt
3014
Total SqFt
3014
Total Finished Sqft
3034.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1621
Garage Stalls
3
Lot Dimensions
378x386x400x432
Acres
2.59
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Ceiling Fan(s); Deck; Dock; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Local Area Network; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s) Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Crawl Space; Drain Tiled; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Existing Financing: Cash Exterior: Fiber Board; Wood Family Room Characteristics: Great Room Fencing: None Fireplace Characteristics: Gas Burning; Living Room Fuel: Natural Gas Heating: Forced Air Lake Details: Sand; Soft Laundry: Laundry Room Lock Box Type: Combo Lot Description: Accessible Shoreline; Island/Peninsula Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Road Frontage: No Outlet/Dead End; Paved Streets; Township Road Responsibility: Public Maintained Road Roof: Flat; Rubber; Wood Shingles Sellers Terms: Cash; Conventional; Other Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Main Floor Laundry Stories: Two Water: City Water/Connected Waterfront View: Bay; Lake; Panoramic; North; South; East; West

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-09-25
Contingency
None
Closed Date
2024-09-25
Original List Price
2995000
Sales Close Price
2650000
ListPrice
2995000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
75
Street Name
Fairhope
Street Suffix
Avenue
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Tonka Fairhope

Assessments

Tax With Assessments
35346.64
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3034

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
0-4

Lake Details

Lake Acres
14205
Lake Depth
113
Sand
Yes
Soft
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
32x25
Garage Square Feet
770
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
23
Section#
21
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
TONKA FAIRHOPE LOTS 8 9 AND NWLY 12 FT OF LOT 6 TONKA FAIRHOPE INCL ADJ 37 FT OF ST VAC ALSO TRACT A RLS NO 1568
Listing City
Excelsior
Map Page
117
Municipality
Tonka Bay
School District
Minnetonka
School District Phone
952-401-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
9514
Property ID Number
2111723410045
Tax Year
2024
Tax Amount
35346.64
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka. This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car garage and protected dock that does not need to be removed in the winter! This property is a true gem waiting to be discovered, but wait there's more.. If the architecture doesn't meet your style, we have plans that can be shared.
Directions
CR 19 to West Point to Fairhope, follow to the end and across the bridge.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Dock
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Local Area Network
Yes
Primary Bedroom Walk-In Closet
Yes
Vaulted Ceiling(s)
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Crawl Space
Yes
Drain Tiled
Yes
Sump Pump
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes
Walk-In Shower Stall
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Living/Dining Room
Yes

Electric

Circuit Breakers
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Existing Financing

Cash
Yes

Exterior

Fiber Board
Yes
Wood
Yes

Family Room Characteristics

Great Room
Yes

Fencing

None
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

Laundry

Laundry Room
Yes

Lock Box Type

Combo
Yes

Lot Description

Accessible Shoreline
Yes
Island/Peninsula
Yes

Patio, Porch and Deck Features

Enclosed
Yes
Patio
Yes
Porch
Yes

Road Frontage

No Outlet/Dead End
Yes
Paved Streets
Yes
Township
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Flat
Yes
Rubber
Yes
Wood Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Other
Yes

Sewer

City Sewer/Connected
Yes

Special Search

3 BR on One Level
Yes
Main Floor Laundry
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Bay
Yes
Lake
Yes
Panoramic
Yes
North
Yes
South
Yes
East
Yes
West
Yes

Room Information

Dining Room Dimensions: 16x9 Level: Main Kitchen Dimensions: 14x13 Level: Main First (1st) Bedroom Dimensions: 20x18 Level: Upper Second (2nd) Bedroom Dimensions: 12x12 Level: Upper Third (3rd) Bedroom Dimensions: 12x10 Level: Upper Great Room Dimensions: 20x18 Level: Main Den Dimensions: 12x10 Level: Upper Porch Dimensions: 12x10 Level: Main Deck Dimensions: 12x11 Level: Upper Laundry Dimensions: 10x9 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.