$5,299,000

254 Lake Street, Excelsior, MN 55331

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$5,299,000

(401,000) 11/26/2025

254 Lake Street Excelsior, MN 55331 - Lake Minnetonka

For Sale MLS# 6789422

4 beds 4 baths 4,661 sq ft Single Family

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Data current as of 31/12/2025 19:59:15

Details for 254 Lake Street

MLS# 6789422

Description for 254 Lake Street, Excelsior, MN, 55331 - Lake Minnetonka


Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an extraordinary lifestyle where lakefront elegance meets vibrant downtown energy just moments from Minnesota's most coveted lake. Wake up to breathtaking water views and endless recreational opportunities while being steps away from boutique shopping, acclaimed waterfront restaurants, the famous Excelsior Commons, and seasonal festivals that make this community so special. Excelsior seamlessly blends historic charm with modern sophistication, where you can stroll tree-lined streets to lakeside dining, catch live music at the bandshell, launch your boat just minutes away, or simply enjoy the tranquil beauty of lakeside living that puts water sports, fine dining, and the coveted Lake Minnetonka lifestyle right at your doorstep. With fresh contemporary design featuring premium finishes throughout, modern energy-efficient systems, move-in ready convenience, and builder warranty protection, this expansive home offers the perfect blend of luxury, location, and lifestyle in one of Minnesota's most desirable communities where every day feels like a vacation and easy Twin Cities access maintains that cherished small-town lake community feel that makes Excelsior truly extraordinary.

Listing Information


Property Type: Residential, Single Family

Status: Active

Bedrooms: 4

Bathrooms: 4

Lot Size: 0.16 Acres

Square Feet: 4,661 sq ft

Year Built: 2025

Foundation: 1,766 sq ft

Garage: Yes

Stories: 2 Stories

Construction Display: New Construction

Subdivision: Seamans Sub Of Lts 7 & 8 Excelsior

County: Hennepin

Days On Market: 62

Construction Status: Completed New Construction

School Information


District: 276 - Minnetonka

Room Information


Bathrooms

Full Baths: 3

1/2 Baths: 1

Additonal Room Information

Family: 2 or More,Loft,Lower Level,Main Level

Dining: Informal Dining Room

Laundry: Laundry Closet, Upper Level

Bath Description: Sauna,Steam Shower,Basement,Full Primary,Main Floor 1/2 Bath,Upper Level Full Bath

Interior Features


Square Footage above: 2,983 sq ft

Square Footage below: 1,678 sq ft

Appliances: Gas Water Heater, Stainless Steel Appliances, Double Oven, Wall Oven, Washer, Refrigerator, Microwave, Dishwasher, Dryer, Electronic Air Filter, Exhaust Fan/Hood, Freezer, Furnace Humidifier

Basement: Concrete Block

Fireplaces: 2, Gas Burning, Family Room, Living Room

Additional Interior Features: Ceiling Fan(s), Exercise Room, Hardwood Floors, Kitchen Window, Sauna, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup, Wet Bar, Kitchen Center Island, Tile Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 2

Parking Description: Attached Garage, Garage Dimensions - 20x26, Garage Sq Ft - 531.0

Exterior: Fiber Board

Roof: Age 8 Years or Less

Pool: Below Ground, Heated, Outdoor

Lot View: Bay,East,Harbor,Panoramic

Lot Dimensions: 55X127

Zoning: Residential-Single Family

Fencing: Wood

Additional Exterior/Lot Features: Panoramic View, Boat Slip, Patio, Hot Tub

Waterfront Details


Standard Water Body: Lake Minnetonka

DNR Lake ID: 27013300

Water Front Features: Lake View

Lake Acres: 14,206

Lake Depth: 113 Ft.

Road Between Waterfront And Home: 1

Driving Directions


WATER ST TO LAKE ST TO 1ST ST RIGHT INTO ALLEY - 254 STRAIGHT AHEAD

Financial Considerations


Tax/Property ID: 3411723110134

Tax Amount: 13981

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 254 Lake Street

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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