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

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

Agent Owned - Ready to build lot in Minnetonka Schools- close to Excelsior and Arboretum. 2 story/walk out rambler - whatever your space needs are - with lake view if sited properly on the lot! Options and potential site plans available - open to your preferred builder. Neighborhood association does have lake access rights to Lake Minnewashta- currently working on improvements and options to

Lori Schneck Coldwell Banker Realty

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

Rare opportunity to build your dream home just across the street from Lake Minnetonka! Enjoy lake-area living with a marina less than a block away, plus nearby parks and beaches for endless outdoor recreation. This buildable lot is available to any builder, giving you the flexibility to bring your own plans and contractor. An additional adjacent lot is also available, offering even more

Mike Steadman Compass