
127 W Lake St Excelsior, MN 55331
Estimated payment $16,700/month
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
Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 04/14/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
Similar Homes in Excelsior, MN
Source: NorthstarMLS
MLS Number: 6697065

APN: 27-117-23-43-0007