163 2nd St Excelsior, MN 55331
Excelsior AreaEstimated payment $11,211/month
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
Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka.
Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings.
The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber.
The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own.
Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka.
More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.
Open House Schedule
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Sunday, September 20, 202612:00 to 6:00 pm9/20/2026 12:00:00 PM +00:009/20/2026 6:00:00 PM +00:00Add to Calendar
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Friday, September 25, 202612:00 to 6:00 pm9/25/2026 12:00:00 PM +00:009/25/2026 6:00:00 PM +00:00Add to Calendar
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
- Poured Concrete
- Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Shake Siding
- Stone Exterior 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 10/19/26
- Assessor Parcel Number 3411723120175
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $9,187 | $628,800 | $628,800 | |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/22/2026 08/22/26 | 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 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $478,500 | Legacy Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | Construction |
Source: NorthstarMLS
MLS Number: 7126003
APN: 34-117-23-12-0175
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.