New Construction Homes for Sale in Excelsior, MN

/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
Explore Excelsior
/41
$2,900,000 Custom Home

20555 Linden Rd, Excelsior, MN 55331
- 5 Beds
- 3.5 Baths
- 5,000 Sq Ft
Rare opportunity to build your dream home in the heart of Cottagewood! This 0.56-acre lot offers a picturesque setting and can accommodate a walk-out design. Partner with Lucid Builders, known for their timeless craftsmanship and seamless design-build process. Choose from one of Lucid’s thoughtfully curated plans or create your own custom design from the ground up. Enjoy the charm of Cottagewood

Molly Cardinal Compass

20555 Linden Rd, 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
/41
$3,200,000 Custom Home

20565 Linden Rd, Excelsior, MN 55331
- 5 Beds
- 4.5 Baths
- 6,000 Sq Ft
Build your dream home in the heart of Cottagewood! This 0.56-acre lot offers a picturesque setting and can accommodate a walk-out design. Partner with Lucid Builders, known for their timeless craftsmanship and seamless design-build process. Choose from one of Lucid’s thoughtfully curated plans or create your own custom design from the ground up. Build packages start from $2,800,000. Enjoy the

Molly Cardinal Compass

20565 Linden Rd, 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
/55
$1,746,909 Custom Home

25560 Smithtown Rd, Excelsior, MN 55331
- 5 Beds
- 4.5 Baths
- 5,499 Sq Ft
Welcome to McDonald Construction newest development, “Shorewood Meadow” with 3 amazing .75 acre lots with our premier architectural design staff custom build options next to the regional trail system. Our popular Magnolia Sport Model with indoor athletic court has gorgeous design details, spacious, open floor plan, with 3 more lots remaining for a quality custom build. See supplement for plat

Lyndon Moquist 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
/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
/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
/2
$550,000 Lot/Land

25975 Wild Rose Ln, Excelsior, MN 55331
- 1.23 Acres
- $447,154 per Acre
Minnetonka Schools 1.23 acres. Home Package starting at 1.8. Close to Minnewashta Elementary. Working well is on the property. Colson Custom Homes has designed a home for the lot that includes a sport court pricing close to 2.1. The lot can also accommodate a pool.

Colleen Johnson RE/MAX Advantage Plus

25975 Wild Rose Ln, 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
/19
$3,800,000 Lot/Land

5080 Meadville St, Excelsior, MN 55331
- 0.4 Acre
- $9,500,000 per Acre
Offered for the first time in over 60 years, 5080 Meadville Street provides a once-in-a-generation opportunity to secure a premier west-facing property on one of Greenwoods most cherished streets. Located just a short walk from the heart of downtown Excelsior, you are minutes from great dining, specialty boutiques, and the year around energy of Lake Minnetonka's most charming town. This

Kyle Hunt Coldwell Banker Realty

5080 Meadville St, Excelsior, MN 55331
/2
$250,000 Lot/Land

15 Pleasant Ave, Excelsior, MN 55331
- 0.26 Acre
- $961,538 per Acre
Bring your Builder! Minnetonka Schools, close to the trail and DT Excelsior@!

Gregory Winegarden Coldwell Banker Realty

15 Pleasant Ave, Excelsior, MN 55331
/2
$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

New Homes Minnesota Excelsior

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

On average, homes in Excelsior, MN sell after 40 days on the market compared to the national average of 54 days. The median sale price for homes in Excelsior, MN over the last 12 months is $875,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$875,000

Median Single Family Sale Price

$982,500

Median Townhouse Sale Price

$636,000

Average Price Per Sq Ft

$387

Number of Homes for Sale

Last 12 months Home Sales

261

Months of Supply

2.60

Median List Price

$917,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

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Excelsior Types of Homes for Sale

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