20

New Construction Homes in Excelsior, MN

Section Image
  • /47

    $1,150,000 Townhome

    5650 Buffington Ln, Excelsior, MN 55331

    • 3 Beds
    • 2.5 Baths
    • 2,988 Sq Ft

    Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. Built by ADOR Bespoke Homes, these new construction residences are thoughtfully designed villas offering three bedrooms, three bathrooms, and 2,988 finished square feet. Customize your new home with a variety of design selections and upgrade options. Located within minutes of charming Downtown

    Sarah Polovitz Compass

    5650 Buffington Ln, Excelsior, MN 55331
  • /29

    $2,395,000 Custom Home

    4650 Manitou Rd, Excelsior, MN 55331

    • 3 Beds
    • 2 Baths
    • 2,616 Sq Ft

    Bayview, an exciting new, warm contemporary design that may be modified to meet buyers satisfaction. The lot provides westerly views of Lake Minnetonka and northeasterly views of a wetland in the distance. Stunning, Architectural work provided by Alexander Design Group. All Main Level Living. Property is assigned to the award winning, Minnetonka School district. Outdoor Pool is optional.

    Cindy Redmond Coldwell Banker Realty

    4650 Manitou Rd, Excelsior, MN 55331
  • /2

    $2,280,000 Custom Home

    85 Brentwood Ave, Excelsior, MN 55331

    • 5 Beds
    • 3.5 Baths
    • 5,571 Sq Ft

    This stunning custom-designed new construction home offers 5,571 finished square feet, providing ample space for both relaxation and entertainment. It features five generously sized bedrooms, including one that can easily be converted into an office. The house boasts three and a half beautifully designed bathrooms, thoughtfully planned for both functionality and comfort. For wine lovers, there is

    Kristen Lervick Keller Williams Realty Integrity Lakes

    85 Brentwood Ave, Excelsior, MN 55331
  • /8

    $2,250,000 Custom Home

    12803 Woodhaven Place, Excelsior, MN 55331

    • 3 Beds
    • 2.5 Baths
    • 4,206 Sq Ft

    Under-construction model home in Woodhaven, an exclusive 5-lot residential development by premier custom builder Norton Homes. Nestled in the heart of Minnetonka on a quiet cul-de-sac, these private, wooded homesites offer a rare opportunity to build a one-of-a-kind residence in a tranquil setting surrounded by mature trees and natural beauty. Each spacious lot features rolling topography,

    David Stickney Coldwell Banker Realty

    12803 Woodhaven Place, Excelsior, MN 55331
  • /18

    $1,489,500 Custom Home

    25480 Smithtown Rd, Excelsior, MN 55331

    • 6 Beds
    • 5 Baths
    • 4,259 Sq Ft

    Welcome to McDonald Construction Partners newest development "Shorewood Meadow" with 3 amazing .75 acre lots! The Aspen features a main floor bedroom with a 3/4 bath and beautiful wood flooring that extends up the staircase and hallway. The impressive gourmet kitchen includes a huge walk-in pantry. On the upper level, you will find a large primary bath equipped with a freestanding tub and shower,

    Lyndon Moquist Edina Realty, Inc.

    25480 Smithtown Rd, Excelsior, MN 55331
  • /10

    $3,245,000 Custom Home

    45 Lakeview Ave, Excelsior, MN 55331

    • 4 Beds
    • 4 Baths
    • 3,101 Sq Ft

    This spectacular Lake Minnetonka building site offers sweeping Northeast views of Big island, Echo Bay, and beyond. With 100 feet of sandy shoreline in historic Tonka Bay, just outside of downtown Excelsior, you'll find this is the perfect place to build your new lake home with Landschute. The floor plan will offer 4 bedrooms, 4 bathrooms, with a lakeside porch and a walk-out basement for easy

    Mike Monson The Landschute Group,Inc.

    45 Lakeview Ave, Excelsior, MN 55331
  • /29

    $1,675,000 Custom Home

    25560 Smithtown Rd, Excelsior, MN 55331

    • 4 Beds
    • 3 Baths
    • 4,311 Sq Ft

    Welcome to McDonald Construction Partners newest development "Shorewood Meadow" with three amazing .75 acre lots. Inspired by classic European design, the "Laurel" model artfully balances grand entertaining spaces with quiet, private retreats. A grand foyer leads to a soaring vaulted great room with beamed ceiling and statement fireplace and built-ins. Bathed in natural light from twelve feet

    Kris Craig Edina Realty, Inc.

    25560 Smithtown Rd, Excelsior, MN 55331
  • /91

    $5,299,000 Custom Home

    254 Lake St, Excelsior, MN 55331

    • 4 Beds
    • 3.5 Baths
    • 4,661 Sq Ft

    Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an

    Mitch Jilek Rize Realty

    254 Lake St, Excelsior, MN 55331
  • /67

    $1,398,000 Custom Home

    25955 Wild Rose Ln, Excelsior, MN 55331

    • 5 Beds
    • 4 Baths
    • 3,244 Sq Ft

    Welcome to this newly built retreat where refined design meets the tranquility of a wooded one-acre setting just minutes from downtown Excelsior and Lake Minnetonka. Step inside to a spacious main-level great room with a stone fireplace, flowing naturally into the gourmet kitchen and dining area. The heart of the home extends to a beautiful 16x16 three-season porch with its own fireplace—perfect

    Colleen Johnson RE/MAX Advantage Plus

    25955 Wild Rose Ln, Excelsior, MN 55331
  • /8

    $4,450,000 Custom Home

    4330 Manitou Rd, Excelsior, MN 55331

    • 3 Beds
    • 3.5 Baths
    • 3,713 Sq Ft

    Gorgeous to-be-built home by James McNeal Architecture and Design, and built by Water Street Homes! Enjoy this stunning condo-alternative offering one-level living and an open floorplan showcasing beautiful water views at every turn! Tranquil lakeside Primary Suite with spa-like bath; junior suite; office; and 3rd bedroom/flex room. 3-car heated garage with epoxy floor. Breathtaking west facing

    Jeffrey Dewing Coldwell Banker Realty

    4330 Manitou Rd, Excelsior, MN 55331
  • /50

    $2,670,509 Custom Home

    3921 White Oak Ln, Excelsior, MN 55331

    • 4 Beds
    • 2.5 Baths
    • 3,869 Sq Ft

    Set along the shores of Lake Minnewashta, this exceptional property invites you to design and build with Wooddale Builders in their newest lakeside neighborhood—Waterview! Positioned on a .75-acre walkout site with 129 feet of private shoreline, this is a rare opportunity to create a truly tailored living experience. With more than 50 years as a leading luxury builder in the Twin Cities, Wooddale

    Stafford Family Realtors Coldwell Banker Realty

    3921 White Oak Ln, Excelsior, MN 55331
  • /33

    $1,934,615 Custom Home

    3981 White Oak Ln, Excelsior, MN 55331

    • 5 Beds
    • 4.5 Baths
    • 4,549 Sq Ft

    Presenting Wooddale Builder’s newest development Waterview! Nestled near the shores of Lake Minnewashta and offering five beautiful lots with the opportunity to design the home of your dreams! For over 50 years, Wooddale Builders has been a trusted, leading luxury builder in the Twin Cities. A truly custom experience - With meticulous attention to detail and the highest-quality craftsmanship,

    Stafford Family Realtors Coldwell Banker Realty

    3981 White Oak Ln, Excelsior, MN 55331
  • /14

    $5,100,000 Lot/Land

    4900 Meadville St, Excelsior, MN 55331

    • 0.63 Acre
    • $8,095,238 per Acre

    A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing.

    Stafford Family Realtors Coldwell Banker Realty

    4900 Meadville St, Excelsior, MN 55331
  • /5

    $499,900 Lot/Land

    151 Bell St, Excelsior, MN 55331

    • 0.15 Acre
    • $3,332,667 per Acre

    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.

    151 Bell St, Excelsior, MN 55331
  • /14

    $849,900 Lot/Land

    24695 Glen Rd, Excelsior, MN 55331

    • 1.81 Acres
    • $469,558 per Acre

    This 1.8-acre property offers exceptional flexibility and investment potential. Nestled on a level, fully fenced lot just minutes from the Lake Minnetonka LRT Trail and vibrant downtown Excelsior. Originally consisting of two separate parcels, it can be reconfigured back into this arrangement through a Minor Subdivision. Each lot would be approximately 0.9 acres. Whether you're looking to build a

    Daniel Desrochers eXp Realty

    24695 Glen Rd, Excelsior, MN 55331
  • /2

    $525,000 Lot/Land

    20450 Linwood Rd, Excelsior, MN 55331

    • 0.29 Acre
    • $1,810,345 per Acre

    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

    20450 Linwood Rd, Excelsior, MN 55331
  • /7

    $599,000 Lot/Land

    25725 Birch Bluff Rd, Excelsior, MN 55331

    • 0.84 Acre
    • $713,095 per Acre

    Oversized wooded lot in a highly desirable neighborhood across Lake Minnetonka. Walk to the beach and enjoy all that Excelsior has to offer. Rare opportunity to build, bring your own builder or build with Alliance Builders, starting at $2M.

    Efim Shukalovich eXp Realty

    25725 Birch Bluff Rd, Excelsior, MN 55331
  • /20

    $299,900 Lot/Land

    6591 Galpin Blvd, Chanhassen, MN 55331

    • 1.01 Acres
    • $296,931 per Acre

    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

    Voila It's That Easy eXp Realty

    6591 Galpin Blvd, Chanhassen, MN 55331
  • /14

    $3,950,000 Lot/Land

    5080 Meadville St, Excelsior, MN 55331

    • 0.4 Acre
    • $9,875,000 per Acre

    First time on the market in 63 years - a rare opportunity to own on Meadville St! 110 feet of prime west facing w/ sunset views 365 days a year. This level lot is perfect site for a custom home. The existing house is being sold "as-is" and is currently livable. This property is being shown by appointment only - no site visits without having an approved showing.

    Kyle Hunt Coldwell Banker Realty

    5080 Meadville St, Excelsior, MN 55331
  • /4

    $2,399,000 Lot/Land

    4330 Manitou Rd, Excelsior, MN 55331

    • 0.41 Acre
    • $5,851,220 per Acre

    Breathtaking setting offering unparalleled west-facing sunset views overlooking 104' of level rip-rap shoreline. “A” grade water quality. Adjacent fire lane creates an additional buffer. Ideally located between Wayzata and Excelsior. Bring the builder of your choice!

    Jeffrey Dewing Coldwell Banker Realty

    4330 Manitou Rd, Excelsior, MN 55331

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Excelsior, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Excelsior, MN hold their value?
Yes, especially in fast-growing areas of Excelsior, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Excelsior, MN

Housing Trends

Median Sale Price
$885,750
Median Single Family Sale Price
$975,000
Median Townhouse Sale Price
$706,000
Average Price Per Sq Ft
$389
Number of Homes for Sale
49
Last 12 months Home Sales
252
Months of Supply
2.30
Median List Price
$925,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
How to Buy a Home How to Finance a Home How to Sell a Home