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
- 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
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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| 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
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: NorthstarMLS
MLS Number: 7047304
APN: 34-117-23-12-0175
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Ask me questions while you tour the home.