$799,999 Open Tue 11AM - 1PM
- 3 Beds
- 2.5 Baths
- 3,168 Sq Ft
6040 Oakview Ct, Excelsior, MN 55331
Daniel Gustafson Coldwell Banker Realty
$799,999 Open Tue 11AM - 1PM
6040 Oakview Ct, Excelsior, MN 55331
Daniel Gustafson Coldwell Banker Realty
$679,000
5345 Wedgewood Dr, Excelsior, MN 55331
Jamie Hall Rize Realty
$450,000
6140 Chaska Rd, Excelsior, MN 55331
Paul Johnson Lakes Sotheby's International
Excelsior, Minnesota, located 20 miles west of Minneapolis, is a small yet vibrant city known for its dynamic downtown and proximity to Lake Minnetonka. The city spans just one square mile but is rich in history and community spirit. Downtown Excelsior is a bustling area lined with historic properties, offering a variety of shopping and dining options. Notable dining spots include Maynards and Kowalski’s for grocery needs. Excelsior Commons Park is a central outdoor attraction, featuring a modern pavilion, playground, and scenic views of the lake. The Excelsior Streetcar Line offers a nostalgic trolley ride showcasing landmarks from the 1800s.
Families in Excelsior benefit from the highly rated Minnetonka Public School District. Excelsior Elementary School is recognized for its high academic standards and Chinese language immersion program. West Middle School in Chaska has received national accolades, and Minnetonka Senior High School boasts high proficiency rates in math and reading.
The real estate market in Excelsior is somewhat competitive, with home prices ranging from $500,000 to over $2.5 million. The city is characterized by smaller parcels, sidewalks, and distinctive home patterns. Recent developments include a 49-unit multifamily housing project aimed at diversifying housing options. Excelsior is committed to preserving its unique character through careful zoning regulations.
Excelsior is a popular destination for both residents and visitors, offering numerous things to do, from enjoying the outdoors at Excelsior Public Beach to exploring local shops like The Abundant Kitchen and Lake Effect Nautical Gifts. The city’s crime rate is lower than the national average, making it an attractive place to live.
On average, homes in Excelsior, MN sell after 42 days on the market compared to the national average of 52 days. The median sale price for homes in Excelsior, MN over the last 12 months is $840,000, down 1% from the median home sale price over the previous 12 months.
In Excelsior, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $450,000 to $799,999, there's a range to accomodate every budget. As of September, 2025 the median home price in Excelsior is $895,000, while the average sale price is $1,184,648, offering insights into the local housing market. On average, multi-family homes spend 42 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Excelsior, MN.