$1,850,000
NEW CONSTRUCTION

163 2nd St Excelsior, MN 55331

Estimated payment $10,584/month

Total Views 8,047
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

  • Poured Concrete
  • Frame Construction
  • Shake Siding

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
  • Outside Features: Stone, Engineered Wood, Shakes
  • 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
  • Foundation Details: 8 ft+ Pour
  • 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

  • Waterfront YN: No
  • 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

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
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

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
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

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
Source: Public Records

Source: NorthstarMLS

MLS Number: 7047304

NorthstarMLS

APN: 34-117-23-12-0175

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