Excelsior, MN Multifamily Home for Sale

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.