$1,089,353Average Value$403Average Price per Sq Ft80Homes For Sale
Lakefront living with a charming downtown in Excelsior
While it’s less than 20 miles from Minneapolis, the waterfront city of Excelsior feels like it’s a world away. The expansive Lake Minnetonka is at the heart of the community, with lakeside homes and seemingly endless recreation. Most residents are a short walk from a historic downtown with locally owned boutiques, cafes and restaurants. Highly rated schools and events like the annual Apple Days only add to the area’s charm.
Downtown Excelsior offers outdoor seating at some restaurants.
Excelsior Commons offers beautiful views of Excelsior Bay.
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Historic homes on smaller lots add to the city's character
Homes from the early 1900s, like Dutch Colonials and National Folk styles, set Excelsior apart from other Twin Cities suburbs. You can see the influence of older architecture in many newer homes and townhouses. There are also some mid-20th-century ranch-style houses and split-levels. Prices start in the low $400,000s and can exceed $2 million as you get closer to the water. The median single-family home price is in the mid-$800,000s, which is less expensive than in Shorewood or Tonka Bay. Part of this is due to Excelsior’s residential areas having a slightly more urban design, according to Julia Mullin, the city’s community development director. “The parcels are smaller,” she says. “There are sidewalks, front porches and patterns to the homes. That kind of character is very distinctive.”
Extravagant homes are found near the water.
Some homes in Excelsior use hedges to provide a natural fence.
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Excelsior Commons overlooks Lake Minnetonka
Excelsior Commons overlooks Lake Minnetonka and has amenities like playgrounds, baseball fields and a bandshell that regularly hosts events. A public beach is at the tip of the park, offering a space to swim or lie out on the sandy shores. At the other end of the Commons is the Port of Excelsior, which has docks and public excursion vessels. Cyclists, walkers and runners can be seen on the 9-mile-long Lake Minnetonka Regional Trail.
Excelsior Commons has a walking trail that leads to the water.
Swimmers can access the water at the city's public beach.
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Water Street anchors Excelsior's walkable downtown
Local shops, restaurants and cafes fill the buildings along Water Street. “Excelsior is only one square mile, so we’re small, but we pack a big punch,” Mullin says. “We’ve got everything downtown, which is lined with historic properties. It’s very walkable and enjoyable.” You can:
Eat dinner on the wharf at Maynards
Pick out your next read at Excelsior Bay Books
Meet friends for a margarita and a meal at Lago Tacos
Shop from dozens of local artists at Golden Rule Gallery
Grab a cup of coffee and listen to the live music at 318 Cafe
There’s even a Kowalski’s Market downtown, so you can pick up some groceries before you walk home.
Kowalski's Market provides a variety of quality products in downtown Excelsior.
Maynards has been in business for over 25 years.
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Community events include juried art shows and Apple Days
Excelsior has a full calendar of events, most of which are held downtown or at the Commons. Some of the more popular events include:
Concerts in the Commons, a free concert series that runs from June through August
Art on the Lake, a juried festival with over 150 artists along Water Street every June
Lake Minnetonka 4th of July, the only public fireworks show on the lake
Apple Days, a September festival with apple pie contests and artist booths that started in 1935
Minnetonka Senior High School is a highly rated school.
Young students learn languages at Excelsior Elementary
Most families enroll in the Minnetonka Public School District, which earns an A-plus from Niche. Excelsior Elementary School, which also receives an A-plus, is located in the city and offers language immersion programs in Spanish and Chinese that start in kindergarten.
Downtown Minneapolis is less than 20 miles away
Highway 7 runs through Excelsior and is one of the fastest routes into downtown Minneapolis, less than 20 miles (30 minutes) away. Downtown Saint Paul is about a 25-mile (50-minute) drive. Public transportation is available through Metro Transit and SouthWest Transit. Cycling is another option, especially for shorter trips, thanks to an extensive trail system that is regularly plowed during the winter.
Written By
Zia Sampson
Photography Contributed By
Brandon Rowell
Video By
Zack Kojoyian
Interested in learning more about homes in this area?
Reach out to
Timothy Thompson,
an experienced agent in this area.
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.
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On average, homes in Excelsior, MN sell after 40 days on the market compared to the national average of 55 days. The median sale price for homes in Excelsior, MN over the last 12 months is $852,500, consistent with the median home sale price over the previous 12 months.
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Welcome to 4305 Cottagewood Ct, located in the highly sought-after Woodland Cove neighborhood just moments from the shores of Lake Minnetonka. This charming 3BD/2BA home delivers true main level living in a meticulously maintained 2018 build — all the appeal of nearly new construction with none of the wait. Thoughtfully designed and well appointed throughout, the open floor plan spans 1,800 sq ft
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A rare opportunity to own approximately 100 feet of shoreline on prestigious Christmas Lake, one of the Twin Cities' cleanest and most sought-after lakes. Set on a private 1.25-acre lot on quiet and dead-end Christmas Lake Road, this unique property offers a peaceful lake setting with easy access to Highway 7 and downtown Excelsior.Designed for energy-efficient, sustainable living, the home
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Property Id: 2361796 This is a very cute studio apartment in the lovely town of Excelsior where some of the best events in the area are held. Just a block off main st (Water St) where there is a plethora of retail shops, restaurants, coffee shops, bars etc. Your private entry door faces 2nd street, you have views towards the lake through your bedroom and bathroom windows, and views of the
Property Id: 2361797 This could be a once in a lifetime opportunity! This three level apartment rarely changes tenants. Available October 1st, for the first time in years, is this lovely 2 bedroom apartment with a view of the lake and a private fenced in patio. It also has a stunning red brick, wood burning, fireplace original to the building. It has been re-painted since these pictures were
Fully Furnished Minnetonka Lake Front Living! Excelsior Bay as your front yard... Newly Remodeled Executive All-InclusiveFully Furnished One-Level, Elevator Building Lakefront Rental. Very unique living opportunity in upscale Excelsior Gablescommunity. Unparalleled spectacular views from this very nicely appointed 2+ BR condo including unique private annex ensuite bedroom, outside private
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**House is finished inside. Updated current pictures to come soon++ Full new renovation by a local custom home builder! 2 Car Garage3 Bedroom3 BathLake views of Old Channel Bay and dock access. Dock access is included and is shared with current slip renters, an additional Boat lift/slip can be discussed as an addition. Located just off of Manitou Road down the hall from the Tonka Bay
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