165 Mound Ave Excelsior, MN 55331
Estimated payment $22,420/month
Highlights
- 51 Feet of Waterfront
- Beach Access
- No HOA
- Minnewashta Elementary School Rated A
- Deck
- Stainless Steel Appliances
About This Home
Like-new construction on Lake Minnetonka, only better! This exceptional 2021 custom-built luxury home is set on sought after Gideon Bay with 51 feet of sandy, level shoreline, a private beach, and panoramic lake views. Situated on an extra deep lot just minutes from downtown Excelsior, this property offers the rare combination of privacy, walkability, and premier lakeside living. Designated for both everyday living and entertaining, the home features a chef's kitchen with a 10-foot island, Thermador 8-burner gas/induction range, and a fully equipped back prep kitchen. The stunning primary suite captures sweeping lake views and includes a spa-like bath and oversized walk-in closet. Four bedrooms are located on the upper level, plus a private guest suite above the garage with its own entrance, kitchenette, and full bath, ideal for visitors, au pair, or multigenerational living. The walkout lower level is an entertainer's dream with a wine room, theater, exercise room, family room, guest bedroom, and a full bar with ice-maker and pass-through window to the patio bar, perfect for summer gatherings. The heated, lift-ready garage accommodates two vehicle lifts and is wired for supplemental heat. Enjoy front-row views of Excelsior's fireworks, quick access to Lake Minnetonka by boat, and proximity to restaurants, trails, and boutique shopping by land. This turn-key waterfront retreat is ideal for year-round living or as a premier summer lake home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,875
Year Built
- Built in 2021
Lot Details
- Lot Dimensions are 51x305x56x320
- 51 Feet of Waterfront
- Lake Front
- Few Trees
- Zoning described as Shoreline,Residential-Single Family
Parking
- 3 Car Attached Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Pitched Roof
- Metal Roof
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Beach Access
- Deck
- Rear Porch
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Tankless Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
- Slocums Rgt Of Manitou Forest Subdivision
Listing and Financial Details
- Assessor Parcel Number 2811723430053
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 | $44,875 | $3,553,300 | $1,324,900 | $2,228,400 |
| 2023 | $39,099 | $3,278,200 | $1,302,100 | $1,976,100 |
| 2022 | $16,622 | $3,040,000 | $1,181,000 | $1,859,000 |
| 2021 | $13,262 | $1,293,000 | $909,000 | $384,000 |
| 2020 | $10,866 | $1,036,000 | $840,000 | $196,000 |
| 2019 | $10,913 | $824,000 | $757,000 | $67,000 |
| 2018 | $11,635 | $817,000 | $757,000 | $60,000 |
| 2017 | $10,762 | $800,000 | $700,000 | $100,000 |
| 2016 | $10,187 | $750,000 | $700,000 | $50,000 |
| 2015 | $9,908 | $731,000 | $700,000 | $31,000 |
| 2014 | -- | $677,000 | $650,000 | $27,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/06/2026 03/06/26 | Price Changed | $3,590,000 | -2.7% | $706 / Sq Ft | |
| 02/12/2026 02/12/26 | For Sale | $3,690,000 | +393.3% | $725 / Sq Ft | |
| 04/26/2012 04/26/12 | Sold | $748,000 | -6.4% | $570 / Sq Ft | View Prior Sale |
| 04/17/2012 04/17/12 | Pending | -- | -- | -- | |
| 03/15/2012 03/15/12 | For Sale | $799,000 | -- | $609 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,345,000 | Gibraltar Title Agency Llc | |
| Warranty Deed | $973,000 | Edina Realty Title Inc | |
| Warranty Deed | $748,000 | Home Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,100,000 | New Conventional | |
| Previous Owner | $778,400 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $256,200 | Credit Line Revolving | |
| Previous Owner | $417,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6823642
APN: 28-117-23-43-0053
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Based on information submitted to the MLS GRID. 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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