$2,275,000

511 2nd Street #3, Excelsior, MN 55331

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$2,275,000

511 2nd Street #3 Excelsior, MN 55331

Coming Soon MLS# 7038770

3 beds 4 baths 2,552 sq ft Condo

Expected on market 06/10/2026 i

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Data current as of 04/06/2026 20:40:12

Details for 511 2nd Street #3

MLS# 7038770

Description for 511 2nd Street #3, Excelsior, MN, 55331


Welcome to Lake House #3, an exceptional luxury residence in the heart of Excelsior, just moments from the shores of Lake Minnetonka. Designed for effortless, turn-key living, this stunning condominium blends refined craftsmanship with elevated modern design. The home showcases impeccable finishes throughout, including wide-plank hardwood floors, custom cabinetry, and striking 9.5-foot coffered ceilings. The gourmet kitchen is a true centerpiece, featuring Thermador stainless steel appliances, a quartz waterfall-edge island, and a walk-in pantry with custom organizational shelving. A stylish wet bar with a dual-zone beverage center enhances the home’s entertaining appeal. Seamless indoor-outdoor living is achieved with a dramatic 12-foot accordion door that opens to a lakeside three-season porch with a wood-paneled ceiling, gas fireplace, and breathtaking 180-degree views. The luxurious primary suite offers a spacious walk-in closet with in-unit laundry, along with a spa-like bath featuring heated floors, dual vanities, a soaking tub, and a separate walk-in shower. Each additional bedroom includes its own en-suite bath and custom closet system. Thoughtful conveniences continue with three heated garage stalls, EV charging capability, and ample storage. Enjoy unparalleled walkability to Excelsior’s vibrant dining, shopping, and year-round community events, along with nearby attractions like the Excelsior Commons and regional trails.

Listing Information


Property Type: Residential, Low Rise (3- Levels)

Status: Coming Soon

Bedrooms: 3

Bathrooms: 4

Lot Size: 0.19 Acres

Square Feet: 2,552 sq ft

Year Built: 2023

Foundation: 2,552 sq ft

Garage: Yes

Stories: 1 Story

Property Attached: Yes

County: Hennepin

Construction Status: Previously Owned

School Information


District: 276 - Minnetonka

Room Information


Main Floor

Bedroom 1: 18x15

Bedroom 2: 18x11

Bedroom 3: 13x11

Deck: 5x44

Deck: 18x10

Dining Room: 13x8

Kitchen: 15x22

Living Room: 24x13

Bathrooms

Full Baths: 1

3/4 Baths: 2

1/2 Baths: 1

Additonal Room Information

Family: Great Room,Main Level

Dining: Eat In Kitchen,Living/Dining Room

Laundry: In Unit, Main Level

Bath Description: Double Sink,Bathroom Ensuite,Full Primary,Main Floor 1/2 Bath,Main Floor 3/4 Bath,Main Floor Full Bath,Private Primary,Separate Tub & Shower,Walk-In Shower Stall

Interior Features


Square Footage above: 2,552 sq ft

Appliances: Stainless Steel Appliances, Wine Cooler, Microwave, Wall Oven, Disposal, Exhaust Fan/Hood, Dryer, Dishwasher, Washer, Cooktop

Fireplaces: 2, Living Room, Gas Burning, Other

Accessibility: Elevator

Additional Interior Features: Walk-In Closet, Hardwood Floors, 3 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom, Tile Floors, Main Floor Laundry, Kitchen Center Island, Wet Bar, Kitchen Window, Main Floor Primary

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Cooling: Central

Heating: Fireplace, Natural Gas, Forced Air

Exterior / Lot Features


Garage Spaces: 3

Parking Description: Parking Garage, Guest Parking, Shared Garage/Stall, Tuckunder Garage, Storage, Heated Garage, Secured, Garage Door Opener, Garage Dimensions - 0x0, Garage Sq Ft - 0.00

Exterior: Brick/Stone

Roof: Age 8 Years or Less

Lot Dimensions: Common

Zoning: Residential-Single Family

Additional Exterior/Lot Features: Deck, Balcony, Road Frontage - Street Lights, Storm Sewer, Curbs, Paved Streets, Sidewalks

Community Features


Community Features: Other

Association Amenities: Other, Elevator(s), Lobby

HOA Dues Include: Sanitation, Other, Shared Amenities, Parking Space, Internet

Pets Allowed: Yes

Homeowners Association: Yes

Association Name: Pending

HOA Dues: $1,869 / Monthly

Driving Directions


Hwy 7 west, exit to downtown Excelsior.

Financial Considerations


Covenants/Deed Restrictions: Pets - Weight/Height Limit, Mandatory Owners Assoc, Pets - Number Limit, Pets - Dogs Allowed, Pets - Cats Allowed

Tax/Property ID: 3511723220195

Tax Amount: 28041.46

Tax Year: 2026

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
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 511 2nd Street #3

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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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