$1,850,000
NEW CONSTRUCTION

163 2nd St Excelsior, MN 55331

Estimated payment $10,575/month

Total Views 228
4 Beds
3.5 Baths
2,633 Sq Ft
$703 Price per Sq Ft

Highlights

  • New Construction
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Excelsior Elementary School Rated A+
  • No HOA
  • 5-minute walk to Excelsior Commons

About This Home

Rare new construction in the heart of Excelsior with estimated completion mid-July, just minutes from Lake Minnetonka. This custom, fully finished luxury rambler offers elevated design and true one-level living in one of the West Metro’s most sought-after locations. Soaring vaulted ceilings and a light-filled open layout create an impressive architectural design, anchored by a statement fireplace wall and a chef-inspired kitchen with quartz surfaces, custom cabinetry, walk-in pantry, and an oversized island built for gathering. The main-level primary suite is a private retreat with a generous walk-in closet. A dedicated office and main-floor laundry add everyday convenience. The fully finished lower level provides exceptional flexibility with a large family room, three additional bedrooms, and two baths, ideal for guests or multi-generational living. Enjoy a truly walkable lifestyle with lakeside dining, shopping at the Village shops, Kowalski's Market just 4 blocks away, a regional trail to Carver Park, and recreation at Excelsior Commons Park with beaches, docks, tennis courts, and year-round activities along Lake Minnetonka. A rare opportunity to own new construction in a location where it is increasingly hard to find.

Listing Agent

Kris Thompson

eXp Realty Brokerage Phone: 7633734022 Listed on: 04/16/2026

eXp Realty

Co-Listing Agent

Slava Daskalyuk

Counselor Realty, Inc. Brokerage Phone: 7633734022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,186

Year Built

  • Built in 2026 | New Construction

Lot Details

  • Lot Dimensions are 66x124x61x123
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Electric Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Air Exchanger
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Built by PRICE HOMES
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Property Available on 7/16/26
  • Assessor Parcel Number 3411723120175

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,186

Year Built

Built in 2026 | New Construction

Lot Details

0.78 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2026
  • Above Grade Finished Sq Ft: 1378
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Attribution Contact: 7633734022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Electric, Living Room
  • Living Area: 2633
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1255
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Covered, Front Porch

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island, Kitchen Window, Local Area Network, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Porch, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x124x61x123
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 638046
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Concrete, Frame

Rental Info

  • Available Date: 2026-07-16

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 3411723120175
  • Tax Annual Amount: 9186
  • TaxWithAssessments: 9186

Map

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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
2024 $8,739 $614,400 $614,400 --
2023 $7,330 $531,800 $531,800 --
2022 $5,015 $450,000 $450,000 $0
2021 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2026 04/16/26 For Sale $1,850,000 +286.6% $703 / Sq Ft
03/09/2026 03/09/26 Sold $478,500 -4.3% -- View Prior Sale
08/19/2025 08/19/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $499,900 -6.6% --
04/04/2025 04/04/25 For Sale $535,000 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $478,500 Legacy Title
Source: Public Records

Source: NorthstarMLS

MLS Number: 7047304

NorthstarMLS

APN: 34-117-23-12-0175

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