NOT LISTED FOR SALE

275 Lakeview Ave Excelsior, MN 55331

Estimated Value: $4,941,000 - $7,380,000

4 Beds
3.5 Baths
5,102 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $6,225,000 $1,220 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $40,237/month

217 Days on Market

Highlights

  • 233 Feet of Waterfront
  • Beach Access
  • Main Floor Primary Bedroom
  • Minnewashta Elementary School Rated A
  • Living Room with Fireplace
  • Loft

About This Home

As of February 2023

Expansive 180-degree views of Lake Minnetonka with 233' of frontage. Views from nearly every room nestled on over an 1/2 acre lot on Sunrise Point on Gideon Bay. The Stinson & Streeter design together bespoke a one-of-kind residence. The design creates an effortless floor plan with all public spaces open to expansive decking and the lake. With unparalleled vision and exemplary craftsmanship, this residence delivers the ultimate lifestyle experience. This inspired residence is infused with tranquil energy of the water and sophisticated spirit. All upper bedrooms have a deck and views of the lake. Every detail was thought through when building to include solar panels for amazing low energy costs.

Last Agent to Sell the Property

Beth Andrews

Coldwell Banker Realty Brokerage Phone: 612-801-2041 Listed on: 06/09/2022

Coldwell Banker Realty

Last Buyer's Agent

Kevin Mullen

Lakes Sotheby's International

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,077

Year Built

  • Built in 2014

Lot Details

  • 0.61 Acre Lot
  • 233 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Flat Roof Shape

Interior Spaces

  • 5,102 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Loft
  • Screened Porch
  • Utility Room Floor Drain

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Beach Access

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2711723310003

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,077

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 5102
  • Water Body Name: Minnetonka
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-801-2041
  • Attribution Contact: 612-801-2041
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room, Other
  • Living Area: 5102
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Loft, Screened Porch, Laundry, Mud Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat
  • View: Panoramic, South
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 233

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas,Solar

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,Panoramic View,Security System,Boat Slip,In-Ground Sprinkler,Tile Floors,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 0
  • Lot Size Sq Ft: 26571.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2711723310003
  • Tax Annual Amount: 42077
  • TaxWithAssessments: 42077.4800

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2025
Sold by
275 Lakeview Avenue Llc
Bought by
Larsen Nikolaus and Larsen Valerie
Current Estimated Value
$6,377,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,500,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$3,877,032

Purchase Details

Listed on
Jun 9, 2022
Closed on
Feb 1, 2023
Sold by
Sunrise Point Llc
Bought by
275 Lakeview Avenue Llc
Seller's Agent
Beth Andrews
Coldwell Banker Realty
Buyer's Agent
Kevin Mullen
Lakes Sotheby's International
List Price
$6,500,000
Sold Price
$6,225,000
Premium/Discount to List
-$275,000
-4.23%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jan 18, 2023
Sold by
Sunrise Point Llc
Bought by
275 Lakeview Avenue Llc
Seller's Agent
Beth Andrews
Coldwell Banker Realty
Buyer's Agent
Kevin Mullen
Lakes Sotheby's International
List Price
$6,500,000
Sold Price
$6,225,000
Premium/Discount to List
-$275,000
-4.23%
Views
24

Purchase Details

Closed on
Nov 1, 2016
Sold by
Berghoff Laura L and Hadland Christian R
Bought by
Sunrise Point Llc

Purchase Details

Closed on
Aug 28, 2013
Sold by
Mortell Paul and Mortell Jane
Bought by
Berghoff Laura L

Purchase Details

Closed on
Mar 5, 2012
Sold by
Schneider Robert A and Schneider Sally J
Bought by
Mortell Paul and Mortell Jane

Purchase Details

Closed on
Jun 9, 2008
Sold by
Barber Mary Ellen Borgadini and Barber Bill
Bought by
Schneider Robert A and Schneider Sally J

Purchase Details

Closed on
Oct 15, 2004
Sold by
Kelen Erwin A and Kelen Marian J
Bought by
Barber Mary Ellen Borgerdins
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larsen Nikolaus $500 Legacy Title
275 Lakeview Avenue Llc $6,225,000 --
275 Lakeview Avenue Llc $6,225,000 --
Sunrise Point Llc -- Fatco
Berghoff Laura L $1,490,000 Multiple
Mortell Paul $1,395,000 Burnet Title
Schneider Robert A $1,525,000 --
Barber Mary Ellen Borgerdins $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Nikolaus $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $6,225,000 0.0% $1,220 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/20/2022 12/20/22 Off Market $6,225,000 -- --
10/17/2022 10/17/22 For Sale $6,500,000 +4.4% $1,274 / Sq Ft
09/17/2022 09/17/22 Off Market $6,225,000 -- --
06/09/2022 06/09/22 For Sale $6,500,000 -- $1,274 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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 $80,311 $6,297,400 $4,237,100 $2,060,300
2023 $65,217 $5,348,900 $3,530,900 $1,818,000
2022 $42,077 $4,045,000 $2,315,000 $1,730,000
2021 $40,142 $3,449,000 $2,212,000 $1,237,000
2020 $39,565 $3,258,000 $2,045,000 $1,213,000
2019 $41,066 $3,059,000 $1,843,000 $1,216,000
2018 $41,780 $3,074,000 $1,843,000 $1,231,000
2017 $37,968 $2,715,000 $1,600,000 $1,115,000
2016 $20,616 $1,495,000 $1,470,000 $25,000
2015 $20,316 $1,430,000 $1,370,000 $60,000
2014 -- $1,320,000 $1,270,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6215608

NorthstarMLS

APN: 27-117-23-31-0003