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603 Lake St

603 Lake St

603 Lake St
Condominium Building
Excelsior, MN 55331-1972
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

148 Units
3 Stories
1981 Year Built
$171K - $1.6M Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Lake Front
  • Excelsior Elementary School Rated A
  • In Ground Pool
  • Elevator

Lakefront Living in Excelsior

603 Lake Street is a three-story condominium building located in the heart of Excelsior, Minnesota. Completed in 1981, this building offers 148 units, providing residents with a blend of comfort and convenience. Situated on the shores of Lake Minnetonka, the building's prime location allows for easy access to the vibrant downtown area, making it a desirable place to call home.

Spacious Units with Stunning Lake Views

The condominium offers a variety of floor plans, ranging from one to three-bedroom layouts. One-bedroom units span from 1,100 to 2,132 square feet and typically include one to two bathrooms. These units often feature updated kitchens with Corian countertops and cozy wood-burning fireplaces. Rent for one-bedroom units is around $2,500 per month. Two-bedroom units range from 1,400 to 2,431 square feet, with one to two bathrooms. These units are priced between $960,000 and $1,200,000. Many of these homes boast panoramic lake views, private patios, and spacious walk-in closets. Some units also include a bonus room that can be used as an office or guest room. The largest units in the building are the three-bedroom layouts, which range from 1,651 to 2,383 square feet. These units have 0 to 2 bathrooms and rent for approximately $4,200 per month. Features such as vaulted ceilings, multiple fireplaces, and expansive decks make these homes particularly appealing. Monthly HOA fees range from $1,200 to $1,500 and cover maintenance, hazard insurance, heating, lawn care, ground maintenance, parking, professional management, trash, security, shared amenities, snow removal, and water.

Comprehensive Amenities for a Comfortable Lifestyle

Residents of 603 Lake Street enjoy a wide range of amenities designed to enhance their living experience. Unique to this building is the availability of boat slips, allowing residents to take full advantage of the lakefront location. The heated swimming pool, tennis court, hot tub, and sauna provide ample opportunities for relaxation and recreation. The fitness center is available, and the outdoor spaces, including private patios and decks, offer serene spots to unwind. Additional amenities include a dock, whirlpool, elevator, and storage rooms. Business services such as bi-monthly housekeeping, on-site security, and a property manager ensure that residents' needs are met efficiently. Main-floor laundry facilities add to the convenience of living in this well-appointed building.

Charming Excelsior: A Blend of History and Modernity

Excelsior, located twenty miles west of Minneapolis, is a picturesque city known for its dynamic downtown and proximity to Lake Minnetonka. The city, founded in 1853, boasts a rich history and a vibrant community atmosphere. Downtown Excelsior is a shopping and dining destination, featuring historic properties and a walkable layout. Points of interest include the Excelsior Commons, a popular park with a modern pavilion and scenic views of the lake. For shopping enthusiasts, Ooh La La Boutique and SIX MN BOUTIQUE are just a five-minute walk away, offering a variety of fashionable clothing options. Martin's / North Shore Apparel MN is another nearby gift shop with a wide selection of unique products. Dining options are plentiful, with Maynards offering upscale American casual dining and the walleye fish taco being a crowd favorite. The city also features a range of parks, such as Excelsior Commons Park and Excelsior Public Beach, providing ample opportunities for outdoor activities. Families with children will appreciate the highly-rated Minnetonka Public School District, which includes Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Convenient Transportation Options

603 Lake Street is well-situated for easy access to various transportation options. The Minneapolis-St Paul International/Wold-Chamberlain Airport is approximately 30 minutes away by car, making it convenient for frequent travelers. The building's location in Excelsior, with its walkable downtown area, allows residents to easily access shops, restaurants, and other amenities on foot. While the area has minimal public transit options, it is bikeable, providing an alternative mode of transportation for residents.

Building Details

Recreation

  • In Ground Pool

Outdoor Features

  • Lake Front

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 2 Car Garage

Building Design

  • Low-Rise Condominium
  • Elevator

Activity

Views

7

Unit Information

Beds
Studio
2 Beds
Studio
Studio
Studio
2 Beds
1 Bed
Studio
Studio
2 Beds
Baths
--
2 Baths
--
--
--
2 Baths
2 Baths
--
--
2 Baths
Sq Ft
--
2,143
--
--
--
1,417
1,479
--
--
--
Status
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Price
--
--
--
--
--
--
--
--
--
--
Estimated Value
$882,713
$1,179,000
$1,310,667
$1,310,667
$1,083,333
$889,000
$991,650
$790,000
$171,000
$171,000

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$171,000 - $1,594,500
1 Bedroom Units
Sq Ft Range
1,100 - 2,132
Est. Values
$772,225 - $1,348,000
2 Bedroom Units
Sq Ft Range
1,417 - 2,431
Est. Values
$171,000 - $1,522,000
3 Bedroom Units
Sq Ft Range
1,651
Est. Values
$171,000 - $1,310,667
All Units
Sq Ft Range
1,100 - 2,431
Est. Values
$171,000 - $1,594,500

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Bikeable

Bike Score®

52 / 100

Very Walkable

Walk Score®

70 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

74 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$16K - $1.3M
Range of Taxes in Building
$148 - $14,872
Range of Taxes per Sq Ft
$0.08 - $122.66

Property Tax History

Source: Public Records

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