$2,650,000
Excelsior, MN 55331
MLS# 6556001
Status: Closed
3 beds | 3 baths | 3014 sqft

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Property 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.
Details
Maps
Contract Information
Digitally Altered Photos: No
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-09-25
Contingency: None
Current Price: $2,650,000
Closed Date: 2024-09-25
Original List Price: 2995000
Sales Close Price: 2650000
ListPrice: 2995000
List Date: 2024-06-21
Office/Member Info
Association: MAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Road Btwn WF & Home?: No
Waterfront Frontage: 1000
Waterfront Present: Yes
Year Built: 1989
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 378x386x400x432
Acres: 2.59
Bath Three Quarters: 1
Bath Half: 1
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 1621
Above Grd Total SqFt: 3014
Below Grd Total SqFt: 0
Total Finished Sqft: 3034.00
FireplaceYN: Yes
Foundation Size: 1621
Style: (SF) Single Family
Garage Stalls: 3
Association Fee: 0
Bedrooms: 3
Baths Total: 3
Bath Full: 1
Total SqFt: 3014
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: 1
Air Conditioning
Central Air: 1
Amenities Unit
Balcony: 1
Ceiling Fan(s): 1
Deck: 1
Dock: 1
Hardwood Floors: 1
In-Ground Sprinkler: 1
Kitchen Center Island: 1
Kitchen Window: 1
Local Area Network: 1
Primary Bedroom Walk-In Closet: 1
Vaulted Ceiling(s): 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 35346.64
Assumable Loan
Not Assumable: 1
Basement
Crawl Space: 1
Drain Tiled: 1
Sump Pump: 1
Bath Description
Main Floor 1/2 Bath: 1
Upper Level Full Bath: 1
Full Primary: 1
Private Primary: 1
Bathroom Ensuite: 1
Separate Tub & Shower: 1
Walk-In Shower Stall: 1
Building Information
Finished SqFt Above Ground: 3034
Construction Status
Previously Owned: 1
Dining Room Description
Eat In Kitchen: 1
Informal Dining Room: 1
Living/Dining Room: 1
Electric
Circuit Breakers: 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 0-4
Elevation Highpoint to Waterfront Slope
Level: 1
Existing Financing
Cash: 1
Exterior
Fiber Board: 1
Wood: 1
Family Room Characteristics
Great Room: 1
Fencing
None: 1
Fireplace Characteristics
Gas Burning: 1
Living Room: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Soft: 1
Lake/Waterfront
Lake Front: 1
Laundry
Laundry Room: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Lot Description
Accessible Shoreline: 1
Island/Peninsula: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 32x25
Garage Square Feet: 770
Garage Door Opener: 1
Heated Garage: 1
Insulated Garage: 1
Patio, Porch and Deck Features
Enclosed: 1
Patio: 1
Porch: 1
Public Survey Info
Range#: 23
Section#: 21
Township#: 117
Road Frontage
No Outlet/Dead End: 1
Paved Streets: 1
Township: 1
Road Responsibility
Public Maintained Road: 1
Roof
Flat: 1
Rubber: 1
Wood Shingles: 1
Sellers Terms
Cash: 1
Conventional: 1
Other: 1
Sewer
City Sewer/Connected: 1
Special Search
3 BR on One Level: 1
Main Floor Laundry: 1
Stories
Two: 1
Water
City Water/Connected: 1
Waterfront View
Bay: 1
Lake: 1
Panoramic: 1
North: 1
South: 1
East: 1
West: 1
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
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
Room Information
| Room Name | Dimensions | Level |
| Dining Room | 16x9 | Main |
| Kitchen | 14x13 | Main |
| First (1st) Bedroom | 20x18 | Upper |
| Second (2nd) Bedroom | 12x12 | Upper |
| Third (3rd) Bedroom | 12x10 | Upper |
| Great Room | 20x18 | Main |
| Den | 12x10 | Upper |
| Porch | 12x10 | Main |
| Deck | 12x11 | Upper |
| Laundry | 10x9 | Main |
Listing Office: Compass
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.
