163 2nd St Excelsior, MN 55331
Estimated payment $10,584/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
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.
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
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 |
|---|---|---|---|---|
| 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
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $478,500 | Legacy Title |
Source: NorthstarMLS
MLS Number: 7047304
APN: 34-117-23-12-0175
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Ask me questions while you tour the home.