For Sale: Excelsior MLS# 7072844
Active
$579,000
Single Family: Split Entry (Bi-Level)
3 br • 3 ba • Built 1975
1,880 sqft • 0.34 acres
Minnetonka schools
MLS# 7072844
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12p - 1p
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Property Description
VISIONARY WANTED...Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy access to Maynards, Excelsior Commons, Lake Minnetonka, shopping, dining, the library, and all the charm and activities that make Excelsior such a sought-after destination. The home features a private wooded setting, oversized 25x21 garage, expansive deck for entertaining, backyard firepit area, and a functional floor plan with plenty of space to reimagine. The main level includes a primary suite with a private ¾ bath and walk-in closet, while the walkout lower level offers two additional bedrooms, a full bath, and a large amusement room with bar area. Recent improvements include fresh interior paint and new carpeting, but buyers should expect repairs, deferred maintenance, and the need for cosmetic updating throughout. This is not a turnkey property and is being offered as an opportunity for someone with vision to build equity in a neighborhood surrounded by significantly higher-priced homes. The true value lies in the location, privacy, walkability, and potential. Rarely does a property in this setting become available at such an attractive price point. Renovate, refresh, expand, or rebuild—the choice is yours. Pre-listing inspection report available in MLS supplements. Buyers are encouraged to review the report prior to submitting an offer. SEE THIS property soon and enjoy the Lake Minnetonka lifestyle!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$579,000
Price per sq ft:
$308
Property Type:
Single Family
City:
Excelsior
Garage Spaces:
2
County:
Hennepin
Year Built:
1975
State:
MN
Property Style:
Split Entry (Bi-Level)
Zip Code:
55331
Subdivision Name:
Minnetonka Manor
Interior
Bedrooms:
3
Bathrooms:
3
Finished Area:
1,880 ft2
Total Fireplaces:
1
Living Area:
1,880 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Dryer
- Refrigerator
- Washer
Fireplace Details:
- Gas
- Living Room
Basement Details:
- Daylight/Lookout Windows
- Finished
- Full
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Garage Dimensions:
25 x 21
Garage Size:
525 ft2
Air Conditioning:
Ductless Mini-Split
Foundation Size:
990 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
Detached Garage
Unit Amenities:
- Deck
- In-Ground Sprinkler
- Kitchen Window
- Main Floor Primary Bedroom
- Primary Bedroom Walk-In Closet
Road Frontage:
City Street
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
1
Bathroom Details:
- 3/4 Primary
- Full Basement
- Main Floor 1/2 Bath
Dining/Kitchen:
Living/Dining Room
Laundry:
Lower Level
| Main Level | Size | Sq Ft |
|---|---|---|
| Deck | 36 x 9 | 324 |
| Dining Room | 9 x 8.7 | 72 |
| Bedroom | 13 x 11.6 | 143 |
| Kitchen | 13 x 8 | 104 |
| Living Room | 24 x 13 | 312 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Family Room | 21 x 14.9 | 294 |
| Bedroom 2 | 12.7 x 11.4 | 132 |
| Bedroom 3 | 12.7 x 9 | 108 |
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.34
Geolocation:
44.912871, -93.552063
Lot Dimensions:
132 x 104 x 151 x 108
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
276
District Phone:
9524015000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,783
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,783
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
Well
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.