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Active NEW!
$5,750,000
/mo Edit
Single Family:  2 Stories
4 br • 4 ba • Built 1918
3,616 sqft • 0.4 acres
Minnetonka schools
MLS# 7080605
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    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 ¾ 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.

    Listing

    Contingency: None
    Price per sq ft: $1,590
    City: Excelsior
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55331
    Subdivision Name: Auditors Sub 141

    Interior

    Living Area: 3,616 ft2
    Common Wall: No
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Disposal
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Wall Oven
    • Washer
    Fireplace Details:
    • Family Room
    • Stone
    • Wood Burning
    Basement Details:
    • Block
    • Finished
    • Full
    • Sump Pump

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20 x 23
    Garage Size: 460 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,587 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    • Guest Parking
    • Storage
    Unit Amenities:
    • Deck
    • Dock
    • Hardwood Floors
    • Kitchen Window
    • Paneled Doors
    • Panoramic View
    • Patio
    • Primary Bedroom Walk-In Closet
    • Washer/Dryer Hookup
    • Wet Bar
    Exterior Material: Block
    Pool: None

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 1
    3/4 Baths: 1
    Bathroom Details:
    • 1/2 Basement
    • Bathroom Ensuite
    • Main Floor Full Bath
    • Private Primary
    • Upper Level 3/4 Bath
    • Upper Level Full Bath
    Dining/Kitchen:
    • Informal Dining Room
    • Separate/Formal Dining Room
    Laundry:
    • Laundry Room
    • Sink
    • Upper Level
    Upper Level Size Sq Ft
    Bedroom 4  16 x 15  240 
    Bedroom 2  23 x 13  299 
    Bedroom 3  16 x 17  272 
    Main Level Size Sq Ft
    Dining Room  15 x 9  135 
    Family Room  35 x 12  420 
    Bedroom  15 x 10  150 
    Kitchen  22 x 9  198 
    Living Room  26 x 14  364 
    Lower Level Size Sq Ft
    Amusement Room  17 x 14  238 
    Flex Room  11 x 9  99 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: Bay, Lake, North, Panoramic, South, West
    WF Frontage: 240
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake Bottom: Sand

    Lot & Land

    Acres: 0.4
    Geolocation: 44.910523, -93.560899
    Lot Dimensions: Irregular
    Wooded Acres: 0
    Zoning: Residential-Single Family
    Lot Description:
    • Accessible Shoreline
    • Island/Peninsula
    • Tree Coverage - Medium

    Farm

    Tillable Acres: 0
    Pasture Acres: 0

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $29,533
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $29,533
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: Well

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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!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.