$5,299,000
Excelsior, MN 55331
MLS# 7126737
1 / 125
Property Description
One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a 3/4 bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: $5,299,000
Original List Price: 5299000
ListPrice: 5299000
List Date: 2026-08-13
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Road Btwn WF & Home?: No
Waterfront Frontage: 240
Waterfront YN: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: Irregular
Acres: 0.4
Lake/Waterfront Name: Minnetonka
Assessment Pending: No
Assessments
Tax With Assessments: 29533
Builder Information
Builder Restrictions: Open
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Location Tax and Other Information
House Number: xxx
Street Name: Meadville
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Auditors Sub 141
Property Features
Agricultural Water: Well
Assumable Loan: Not Assumable
Available Utilities: Electricity Connected; Private Well Available; Sewer Connected; Water Connected
Development Status: Finished Lot(s)
Elevation Highpoint to Waterfront Slope: Gradual
Improvements: None
Lake Details: Sand
Land Inclusions: Boat Slip
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Conventional
Topography: Other
Waterfront Type: Lake Front; Lake View; Dock
Waterfront View: Bay; Lake; Panoramic; North; South; West
Listing Office: RE/MAX Advantage Plus
Last Updated: August - 13 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
