$850,000

516 Grace Street, Excelsior, MN 55331

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$850,000

Off-Market Date: 03/09/2026

516 Grace Street Excelsior, MN 55331 - Galpin

Pending MLS# 7021243

4 beds 3 baths 2,574 sq ft Single Family

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Data current as of 15/04/2026 06:41:13

Details for 516 Grace Street

MLS# 7021243

Description for 516 Grace Street, Excelsior, MN, 55331 - Galpin


Main floor living in Excelsior with private water views! Fully remodeled to the studs in 2020/2021 and re-crafted with a nod to its midcentury heritage while adding all the necessary spaces and amenities for today's living. Open Kitchen with large island and a built in bistro bench offers fabulous views of the lake and graciously welcomes the the sunlight thru its large lakeside windows. 2 bedrooms & 2 bathrooms on main including a true primary suite boasting; dual sinks, large shower, walk in closet and a screen porch. A 2nd large bedroom on main offers flexible space for lakeside bedroom/office/den with a 2nd full bath & laundry rounding out the main level. In the full walk out lower level you'll find 2 bedrooms and refreshed 3/4 bath giving room for guests who will all want to visit your new home in Excelsior - as well as a family room and a flex/exercise room! New deck and circle concrete driveway as well as all new windows, roof, gutters, siding & landscaping make this a truly turn key offering all an easy walk into the Village and all it has to offer. The perfect size with thoughtful layout and touches - this home punches above it's weight with spaces, finishes and location.

Listing Information


Property Type: Residential, Single Family

Status: Pending

Bedrooms: 4

Bathrooms: 3

Lot Size: 0.36 Acres

Square Feet: 2,574 sq ft

Year Built: 1957

Foundation: 1,202 sq ft

Garage: Yes

Stories: 1 Story

Subdivision: Zims Add

County: Hennepin

Days On Market: 4

Construction Status: Previously Owned

School Information


District: 276 - Minnetonka

Room Information


Main Floor

Bedroom 1: 19 x 14

Bedroom 2: 15 x 13

Kitchen: 17 x 12

Living Room: 21 x 12

Primary Bath: 13 x 12

Screened Porch: 14 x 8

Lower Floor

Bedroom 3: 13 x 11

Bedroom 4: 11 x 9

Family Room: 24x13

Flex Room: 14 x 11

Bathrooms

Full Baths: 1

3/4 Baths: 2

Additonal Room Information

Family: Great Room,Lower Level,Main Level

Dining: Breakfast Area,Breakfast Bar

Laundry: Washer Hookup, Laundry Closet, Main Level, Lower Level, In Hall

Bath Description: Double Sink,3/4 Basement,3/4 Primary,Main Floor 3/4 Bath,Main Floor Full Bath,Private Primary,Walk-In Shower Stall

Interior Features


Square Footage above: 1,422 sq ft

Square Footage below: 1,152 sq ft

Appliances: Stainless Steel Appliances, Energy Star Appliances, Washer, Microwave, Range, Refrigerator, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood

Basement: Full, Egress Windows, Concrete Block, Walkout

Additional Interior Features: Ceiling Fan(s), Exercise Room, Hardwood Floors, Natural Woodwork, Kitchen Window, Washer/Dryer Hookup, Wet Bar, Kitchen Center Island, Tile Floors, Main Floor Laundry, All Living Facilities on One Level, Main Floor Bedroom, Renovated, Walk-In Closet, Main Floor Primary

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Cooling: Central

Heating: Natural Gas, In-Floor Heating, Forced Air

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 1

Open Parking: 4

Parking Description: Driveway - Concrete, Attached Garage, Insulated Garage, Garage Dimensions - 20 x 11, Garage Door Height - 7, Garage Door Width - 10, Garage Sq Ft - 286.0

Exterior: Cement Board

Roof: Age 8 Years or Less, Asphalt Shingles

Lot View: South,West

Lot Dimensions: 81 x 201

Zoning: Residential-Single Family

Additional Exterior/Lot Features: Patio, Porch, In-Ground Sprinkler, Tree Coverage - Medium, Road Frontage - City, Cul De Sac, No Outlet/Dead End, Paved Streets

Waterfront Details


Standard Water Body: Galpin

DNR Lake ID: 27014400

Water Front Features: Lake Front, Lake View

Lake Acres: 45

Lake Bottom: Weeds

Waterfront Slope: Gradual

Driving Directions


Mill Street south out of Excelsior, right on Grace Street.

Financial Considerations


Tax/Property ID: 3511723320027

Tax Amount: 7073

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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 516 Grace Street

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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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