Excelsior, MN Homes for Sale under $500,000

Build your new construction home here!Live the dream in downtown Excelsior. Walking distance to Excelsior Connons Park, swimming beach, tennis courts, city docks on Lake Minnetonka. All the Village shops on Water Street. Regional trail to Carver Park & Hopkins. Kowalski's market four blocks away.

Slava Daskalyuk Counselor Realty, Inc.

Tucked in the heart of Cottagewood U.S.A., this private 2-bedroom cottage offers a rare chance to remodel or build new in one of Lake Minnetonka’s most sought-after neighborhoods. The home features a walkout lower level and an oversized one-car garage. Enjoy easy access to the neighborhood beach, parks, sport courts, scenic trails, and the beloved Cottagewood General Store. Award-winning

Max Zinn Coldwell Banker Realty

TEAR ME DOWN...or Bring Me Back to Life! Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy

joel hentges RE/MAX Advantage Plus

Amazing lot ready to be your dream home near Lake Minnetonka and downtown Excelsior! This site is build-ready with architectural plans in-hand to build a custom 4 bed, 3.5 bath, approximately 3,848 SFhome and ready for permitting. The previous home has been demolished but the foundation still exists. All utilities have been terminated and turned off from the previous structure. Architectural

Katherine Warner Bridge Realty, LLC

A Rare Canvas in Chanhassen – Build Your Dream, Live Your Legacy Tucked into nature’s quiet pocket, yet just five minutes from the charm and energy of downtown Excelsior, this south-facing, one-acre lot offers the rare chance to build your dream home on your terms—with your builder, your vision, and no compromises. Set against a serene northward backdrop, the land is alive with wildlife—deer at

Joseph Torkildson eXp Realty