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New Construction Homes in Excelsior, MN

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  • /17

    $1,995,000 Lot/Land

    2685 Shadywood Rd, Excelsior, MN 55331

    • 1.45 Acres
    • $1,375,862 per Acre

    Exceptional Lake Minnetonka homesite offering 410 feet of prime shoreline on East Upper Lake. Ideally positioned in a quiet harbor in Orono, this 1.45-acre setting provides a rare blend of tranquility, privacy, and a central lake location. An older home is located on the property, but the value is in the land. Open to all builders! Enjoy access to the lifestyle and amenities of both downtown

    Agent Photo

    Jim Schwarz

    Lakes Sotheby's International

    2685 Shadywood Rd, Excelsior, MN 55331
  • /43

    $1,275,000 Townhome

    5624 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

    5624 Buffington Ln, Excelsior, MN 55331
  • /43

    $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
  • /46

    $1,299,000 Townhome

    5621 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. These new construction residences are a design-build collaboration between Architect, Jeff Ziebarth, and Builder, ADOR Bespoke Homes. Crafted with exceptional attention to detail, each thoughtfully designed three bedroom, three bathroom villa offers 2,988 finished square feet. Inside, white oak wood

    Sarah Polovitz Compass

    5621 Buffington Ln, Excelsior, MN 55331
  • /42

    $4,495,000 Custom Home

    254 Lake St, Excelsior, MN 55331

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

    Completed new construction! Breathtaking Peter Eskuche + Mikan collaboration offering the highest level of finish and stunning lake views throughout! Enjoy the unparalleled architectural details and open flowing floorplan offering walls of windows showcasing views overlooking Excelsior Bay. The main-level features light + bright spaces; gourmet kitchen with high-end appliances, coffee bar, prep

    Jeffrey Dewing Coldwell Banker Realty

    254 Lake St, Excelsior, MN 55331
  • /45

    $1,599,900 Custom Home

    5815 Echo Rd, Excelsior, MN 55331

    • 5 Beds
    • 4.5 Baths
    • 4,585 Sq Ft

    Introducing an incredible luxury new construction opportunity in Shorewood, featuring the highly sought-after Cape Cod model with an indoor sport court by Eternity Homes, currently under construction with a planned completion date of 12/1/2026. Set on a stunning 0.45-acre lot in a premier neighborhood within the Minnetonka School District, this 5-bedroom, 5-bathroom home offers a 4-car garage and

    Ryan Fischer RE/MAX Results

    5815 Echo Rd, Excelsior, MN 55331
  • /39

    $2,995,000 Custom Home

    5570 Wedgewood Dr, Excelsior, MN 55331

    • 5 Beds
    • 5.5 Baths
    • 6,104 Sq Ft

    Introducing 5570 Wedgewood Drive in Shorewood, located in award-winning Minnetonka School District. This private and wooded 1.26 acre parcel is adjacent to the Lake Minnetonka LRT Regional Trail and backdropped by a meandering creek. To help illustrate the potential of this exceptional homesite, Gonyea Custom Homes has paired the property with one of its most beloved model home designs—a stunning

    Jeffrey Martineau Coldwell Banker Realty

    5570 Wedgewood Dr, Excelsior, MN 55331
  • /34

    $2,295,000 Custom Home

    85 Brentwood Ave, Excelsior, MN 55331

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

    Est. completion August 2026. This stunning custom-designed new construction with views of LAKE MINNETONKA. Property offers 5,571 finished square feet, providing ample space for both relaxation and entertainment. WALK OUT your back door to access Lake Minnetonka Regional trail system. Just minutes to DT Excelsior by foot or bike. OR conveniently out your front door to access Lake Minnetonka and

    Kristen Lervick Keller Williams Realty Integrity Lakes

    85 Brentwood Ave, Excelsior, MN 55331
  • /5

    $499,900 Lot/Land

    151 Bell St, Excelsior, MN 55331

    • 6,534 Sq Ft
    • $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
  • /2

    $425,000 Lot/Land

    20450 Linwood Rd, Excelsior, MN 55331

    • 12,632 Sq Ft
    • $1,465,517 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
  • /11

    $2,590,000 Lot/Land

    4410 Manitou Rd, Excelsior, MN 55331

    • 19,166 Sq Ft
    • $5,886,364 per Acre

    Experience lakeside living at its finest on this exceptional Lake Minnetonka lot, featuring 140 feet of level, A-rated sandy lakeshore on East Upper Lake. Nearly half an acre of southwest-facing shoreline offers miles of panoramic views and breathtaking sunsets over the water. This prime location combines peace and privacy with incredible convenience—just minutes from downtown Excelsior, scenic

    David Carlson Gatehouse Properties LTD

    4410 Manitou Rd, Excelsior, MN 55331
  • /48

    $899,000 Lot/Land

    59XX Galpin Lake Rd, Shorewood, MN 55331

    • 2.55 Acres
    • $352,549 per Acre

    Rarely does a property offer this much privacy, natural beauty, and opportunity in such a convenient location. Nestled among mature trees on 2.55 wooded acres in the heart of Shorewood, this exceptional property feels more like a private retreat than a homesite just minutes from Downtown Excelsior and the amenities of Lake Minnetonka. The remarkable tree coverage creates a sense of seclusion and

    Sarah Polovitz Compass

    59XX Galpin Lake Rd, Shorewood, MN 55331
  • /10

    $549,000 Lot/Land

    5200 Greenwood Cir, Excelsior, MN 55331

    • 14,810 Sq Ft
    • $1,614,706 per Acre

    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

    5200 Greenwood Cir, Excelsior, MN 55331
  • /11

    $599,000 Lot/Land

    25725 Birch Bluff Rd, Excelsior, MN 55331

    • 36,590 Sq Ft
    • $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
  • /5

    $350,000 Lot/Land

    21155 Minnetonka Blvd, Excelsior, MN 55331

    • 10,018 Sq Ft
    • $1,521,739 per Acre

    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

    21155 Minnetonka Blvd, Excelsior, MN 55331
  • /18

    $699,000 Lot/Land

    6XX Pleasant St, Excelsior, MN 55331

    • 15,681 Sq Ft
    • $1,941,667 per Acre

    Truly a rare opportunity to build on a fantastic .36 acre site with 75’of street frontage on a very quiet cul-de-sac street literally three blocks to the heart of the charming lakefront town of Excelsior. Buyer to assume the remaining assessment for the completed new street infrastructure. This property is in a lovely neighborhood that has all the charm, convenience and walkability to all that

    John Everett Edina Realty, Inc.

    6XX Pleasant St, Excelsior, MN 55331
  • /2

    $279,000 Lot/Land

    2940 Washta Bay Rd, Excelsior, MN 55331

    • 17,424 Sq Ft
    • $697,500 per Acre

    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

    2940 Washta Bay Rd, Excelsior, MN 55331
  • /25

    $599,000 Lot/Land

    24560 Smithtown Rd, Excelsior, MN 55331

    • 1.06 Acres
    • $565,094 per Acre

    An Exceptional Opportunity in the Heart of Shorewood... You don’t come across opportunities like this often. Nestled on just over an acre in the highly desirable Shorewood, this prime parcel is already positioned for success, with medium-high density zoning and previous city-approved preliminary plat and concept plans for six single-family homes. The vision is in place. The groundwork has been

    Amber Simon eXp Realty

    24560 Smithtown 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

    Joseph Torkildson eXp Realty

    6591 Galpin Blvd, Chanhassen, MN 55331
  • /14

    $649,000 Lot/Land

    24695 Glen Rd, Excelsior, MN 55331

    • 1.81 Acres
    • $358,564 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. Lot can be split into two lots through a Minor Subdivision. Whether you're looking to build a custom home on a large estate or develop two individual residences, this property provides a rare

    Daniel Desrochers eXp Realty

    24695 Glen Rd, Excelsior, MN 55331
  • /4

    $2,399,000 Lot/Land

    4330 Manitou Rd, Excelsior, MN 55331

    • 17,859 Sq Ft
    • $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
  • /9

    $499,000 Lot/Land

    185 Lakeview Ave, Excelsior, MN 55331

    • 25,264 Sq Ft
    • $860,345 per Acre

    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

    185 Lakeview Ave, Excelsior, MN 55331
  • /4

    $525,000 Lot/Land

    5690 Echo Rd, Excelsior, MN 55331

    • 11,761 Sq Ft
    • $1,944,444 per Acre

    Existing home likely a tear down or rehab.98x128, flat backyard, with woods behind the lot line adding privacy. Exciting opportunity minutes to the heart of Excelsior. Unlock the full potential of this prime Shorewood address, Nestled on Echo Road in one of the Twin Cities' most sought-after communities, this property offers a rare chance to renovate an existing home or build your dream

    Kristine Townsend Edina Realty, Inc.

    5690 Echo 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.
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