$2,650,000
PENDING

127 W Lake St Excelsior, MN 55331

Estimated payment $16,700/month

Total Views 2,830
4 Beds
3.5 Baths
4,524 Sq Ft
$586 Price per Sq Ft

Highlights

  • Multiple Garages
  • Lake View
  • Main Floor Primary Bedroom
  • Excelsior Elementary School Rated A
  • Deck
  • No HOA

About This Home

Experience Elevated Living in the Heart of ExcelsiorDiscover refined elegance and timeless charm in this exceptional custom-built Cottage-style residence, gracefully set on one of the largest lots and highest elevations in Excelsior. Thoughtfully designed to blend sophistication with everyday comfort, this home welcomes you with an airy, light-filled open floor plan—perfectly tailored for both relaxed living and stylish entertaining.At the heart of the home, the gourmet kitchen is a culinary masterpiece, boasting high-end appliances, double ovens, a spacious center island, and a dedicated baking station. Seamlessly connected to the expansive living and dining areas, it’s an entertainer’s dream.The main-level primary suite offers a serene escape, featuring a spa-inspired bath with a steam shower, separate soaking tub, and a generous walk-in closet—complemented by the convenience of main floor laundry. Premium in-floor heating throughout the lower level and select areas enhances the home's comfort year-round.Step outside into a beautifully landscaped sanctuary, complete with a large deck designed for effortless outdoor living—whether enjoying peaceful mornings or hosting gatherings beneath the stars.A rare find for auto enthusiasts, this home offers a total of five garage stalls—including a heated 3-car attached garage and a 2-stall detached garage—framed by a brand-new concrete driveway.Take in partial lake views from the inviting front porch, and enjoy unparalleled walkability to Excelsior’s vibrant downtown, just one block from The Commons Park and the public beach. Located within the award-winning Minnetonka School District, this home is the ultimate blend of luxury, lifestyle, and location.This is more than a home—it’s a statement. Welcome to your dream retreat in Excelsior.

Last Listed By

Kristi Weinstock

Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 04/14/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,736

Year Built

  • Built in 2016

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 130 x 150 x 130 x 135
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence

Parking

  • 5 Car Attached Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Home Office
  • Utility Room Floor Drain
  • Home Gym
  • Lake Views

Kitchen

  • Built-In Double Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Boiler Heating System
  • Radiant Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2711723430007

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,736

Year Built

Built in 2016

Lot Details

0

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 5
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 2952
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Attribution Contact: 612-309-8332
  • Attribution Contact: 612-309-8332
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump, Tile Shower, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 4524
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1572
  • Basement YN: Yes
  • Dining Room Type: Foyer, Living Room, Kitchen, Dining Room, Sitting Room, Laundry, Deck, Porch, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Family Room, Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Partial, Privacy, Wood
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Composite Decking,Deck,Front Porch
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Electric, Electric Vehicle Charging Station(s), Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Storage
  • Garage Square Feet: 1365
  • Garage Door Height: 8

Utilities

  • Heating: Boiler, Forced Air, Humidifier, Radiant Floor, Radiant, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Deck,Ethernet Wired,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 130 x 150 x 130 x 135
  • Lot Size Sq Ft: 19602
  • Land Lease: No
  • Lot Features: Many Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2711723430007
  • Tax Annual Amount: 22736
  • TaxWithAssessments: 22736.0000

Multi Family

  • WaterfrontFeatures: Lake View

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $18,157 $1,396,300 $747,900 $648,400
2022 $16,717 $1,256,000 $636,000 $620,000
2021 $16,194 $1,158,000 $636,000 $522,000
2020 $16,112 $1,127,000 $616,000 $511,000
2019 $14,942 $1,089,000 $594,000 $495,000
2018 $14,670 $1,016,000 $528,000 $488,000
2017 $6,766 $495,000 $485,000 $10,000
2016 $8,012 $561,000 $461,000 $100,000
2015 $7,296 $511,700 $411,000 $100,700
2014 -- $415,000 $264,000 $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $2,650,000 -- $586 / Sq Ft
Source: NorthstarMLS

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Closed $549,500 Adjustable Rate Mortgage/ARM
Closed $39,800 New Conventional
Source: Public Records

Similar Homes in Excelsior, MN

  • 5740 Christmas Lake Point, Excelsior, MN 55331

    $2,339,000

    • 3 Beds
    • 3.5 Baths
    • 4,012 Sq Ft
    • 5740 Christmas Lake Point
    • Excelsior, MN

    This stunning Christmas Lake estate offers over 450 feet of sandy shoreline on Christmas Lake Point, providing unmatched privacy and breathtaking water views on one of the clearest and most sought-after lakes in the Twin Cities metro. Reimagined by SALA Architects and renovated/built by Kyle Hunt & Partners in 1995-1996, this 4,000+ square foot home was thoughtfully crafted to embrace the lake,

    David Gooden Dane Arthur Real Estate Agency

    Section Image
  • 301 3rd St, Excelsior, MN 55331

    $2,400,000

    • 4 Beds
    • 3.5 Baths
    • 3,888 Sq Ft
    • 301 3rd St
    • Excelsior, MN

    Don’t miss your opportunity to build a luxurious home in the heart of historic Excelsior, where timeless charm meets exceptional craftsmanship. This custom home is to be built, with final design and features tailored to the Buyer’s preferences. The illustrated floor plan highlights elegant main-level living, including a gourmet kitchen with a center island, spacious dining area, inviting living

    Sarah Polovitz Compass

    Section Image
  • 5125 Greenwood Cir, Excelsior, MN 55331

    $2,275,000

    • 3 Beds
    • 3 Baths
    • 2,688 Sq Ft
    • 5125 Greenwood Cir
    • Excelsior, MN

    Relax and take in the joy of lake side living. Enjoy the lake view through the wall of windows out the back of the house or head outside to your deck, patio, hot tub overlooking the lake, or lakeside patio with an integrated fire pit. So many options to enjoy the view and setting. The lower lake side patio is the full width of the property by about 13 feet deep and features a stone wall with

    Gary Peterson Coldwell Banker Realty

    Section Image
  • 20655 Parkview Ln, Excelsior, MN 55331

    $2,195,000

    • 5 Beds
    • 4.5 Baths
    • 5,574 Sq Ft
    • 20655 Parkview Ln
    • Excelsior, MN

    Stunning 5BR/5BA/3GA home built by Pillar Homes on a quiet Shorewood cul-de-sac! This private retreat sits on a 0.73-acre lot in one of Shorewood’s most sought-after settings. The open and inviting layout is perfect for entertaining family gatherings or team parties. Relax in the main level sunroom or walkout to the maintenance-free deck, both enjoying fabulous views of the backyard where you’ll

    Tony Jewett Coldwell Banker Realty

    Section Image
  • 12807 Woodhaven Place, Excelsior, MN 55331

    $2,350,000

    • 5 Beds
    • 4.5 Baths
    • 5,206 Sq Ft
    • 12807 Woodhaven Place
    • Excelsior, MN

    A Once-in-a-Lifetime Opportunity Awaits! These gorgeous homes to-be-built by award winning Norton Homes are what you have been dreaming of! Five spectacular lots with amazing views and wildlife. Conveniently located just south of Ridgedale off Plymouth Road. Norton homes and their architect will design and build your dream home on a private cul-de-sac and a unique homesite carved into the woods.

    Sheri Fine Edina Realty, Inc.

    Section Image
  • 20895 Spencer Ln, Excelsior, MN 55331

    $2,250,000

    • 6 Beds
    • 6.5 Baths
    • 5,376 Sq Ft
    • 20895 Spencer Ln
    • Excelsior, MN

    Stunning Prairie-Style Retreat with Exceptional Design & AmenitiesThis breathtaking, light-filled prairie-style home is a masterpiece of elegance and functionality, offering 6 spacious bedrooms and 6 luxurious bathrooms. Designed for both comfort and entertaining, the gourmet kitchen is a chef’s dream, featuring top-tier appliances, including a Sub-Zero refrigerator, a Wolf range and two Miele

    Kristi Weinstock Coldwell Banker Realty

    Section Image
  • 20735 Linwood Rd, Excelsior, MN 55331

    $2,895,000

    • 6 Beds
    • 5.5 Baths
    • 7,550 Sq Ft
    • 20735 Linwood Rd
    • Excelsior, MN

    Step into this inviting home nestled in the highly sought-after Cottagewood neighborhood, where an open, expansive, and welcoming atmosphere immediately greets you. Light-filled rooms offer seasonal views of Lake Minnetonka, and large windows throughout bring in natural light without compromising privacy. The main floor features convenient living with a spacious primary suite, complete with a

    Tara Engebretson Fazendin REALTORS

    Section Image
  • 20545 Linden Rd, Excelsior, MN 55331

    $3,250,000

    • 4 Beds
    • 5 Baths
    • 6,126 Sq Ft
    • 20545 Linden Rd
    • Excelsior, MN

    A one-of-a-kind Streeter-designed masterpiece blending timeless architecture with natural beauty in coveted Cottagewood. Set on over an acre, this light-filled home features soaring ceilings, walls of glass, and rich organic materials that bring the outdoors in. The open-concept main level includes a chef’s kitchen with top-tier appliances, dining and great room, formal living, a private study,

    Christy Kimbrel Keller Williams Premier Realty Lake Minnetonka

    Section Image
  • 20695 Spencer Ln, Excelsior, MN 55331

    $2,150,000

    • 5 Beds
    • 4.5 Baths
    • 4,888 Sq Ft
    • 20695 Spencer Ln
    • Excelsior, MN

    Turnkey Charles Cudd-built home situated just outside Cottagewood and within walking distance of Excelsior. Leverage the exceptional location with convenient access to the Lake Minnetonka Regional Trail, nearby Cottagewood General Store, marinas, yacht clubs, and the award-winning Minnetonka School District. Offering a bright and airy interior with walls of windows, enameled millwork, and

    Daniel Hollerman Compass

    Section Image

Source: NorthstarMLS

MLS Number: 6697065

NorthstarMLS

APN: 27-117-23-43-0007