$795,000
PENDING $30K PRICE DROP

35 Center St Excelsior, MN 55331

Estimated payment $5,005/month

Total Views 7,532
4 Beds
3 Baths
1,531 Sq Ft
$519 Price per Sq Ft

Highlights

  • Lake View
  • Deck
  • Lower Floor Utility Room
  • Excelsior Elementary School Rated A+
  • No HOA
  • 4-minute walk to Excelsior Commons

About This Home

A rare opportunity to reimagine, renovate, or build new in one of Excelsior’s most sought-after locations. Positioned just one street from the Port of Excelsior with stunning lake views and the shores of Lake Minnetonka just steps away, the setting alone makes this an exceptional offering. The property offers incredible flexibility whether you choose to bring your own vision to life, move forward with the fully approved proposed plans, or start fresh with a custom new build tailored to your exact specifications. The current residence features a functional 4-bed, 3-bath layout with hardwood floors, abundant natural light, spacious living areas, and walkout access to back deck. A main-level bedroom paired with a nearby full bathroom offers added convenience and flexibility for guests, office space, or everyday living. Upstairs includes three bedrooms plus a flexible den/office space, while the walkout lower level adds additional living space, 3/4 bathroom, and storage versatility. An easement has already been secured for a future driveway and garage addition, significantly enhancing both value and usability! What truly sets this property apart is the extensive redevelopment groundwork already completed. Fully approved plans, variances, design review, architectural drawings, MEP plans, and curated finish selections are included if desired, creating a streamlined, permit-ready opportunity in a premier Excelsior setting!

Listing Agent

Cody Gladu

eXp Realty Brokerage Phone: 6197336660 Listed on: 05/08/2026

eXp Realty

Co-Listing Agent

Daniel Desrochers

eXp Realty Brokerage Phone: 6197336660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,430

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 177
  • Irregular Lot

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Stucco Exterior

Interior Spaces

  • 1,531 Sq Ft Home
  • 2-Story Property
  • Chandelier
  • Wood Burning Fireplace
  • Brick Fireplace
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Auditors Sub 135 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3411723110048

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,430

Year Built

Built in 1920

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stucco
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1531
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6197336660
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished, Walkout
  • Appliances: Chandelier, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Brick, Wood Burning
  • Living Area: 1531
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • View: Lake
  • Foundation Details: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Sink
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors, Kitchen Window, Sun Room, Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 50 X 177
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3411723110048
  • Tax Annual Amount: 9430
  • TaxWithAssessments: 9430

Multi Family

  • WaterfrontFeatures: Lake View

Map

Range of Values:

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Value Increase
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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 $9,430 $743,100 $640,000 $103,100
2023 $6,976 $585,000 $554,000 $31,000
2022 $6,306 $497,000 $471,000 $26,000
2021 $6,167 $484,000 $471,000 $13,000
2020 $6,221 $474,000 $456,000 $18,000
2019 $5,736 $463,000 $440,000 $23,000
2018 $5,871 $427,000 $406,000 $21,000
2017 $5,425 $398,000 $328,000 $70,000
2016 $5,580 $400,000 $306,000 $94,000
2015 $5,602 $396,000 $278,000 $118,000
2014 -- $294,000 $178,000 $116,000
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
06/05/2026 06/05/26 Pending -- -- --
05/20/2026 05/20/26 Price Changed $795,000 -3.6% $519 / Sq Ft
05/08/2026 05/08/26 For Sale $825,000 +5.9% $539 / Sq Ft
09/03/2025 09/03/25 Sold $778,750 -1.3% $441 / Sq Ft View Prior Sale
08/10/2025 08/10/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $789,375 -- $447 / Sq Ft
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 $778,752 Burnet Title
Deed $625,000 Burnet Title
Contract Of Sale $625,000 Burnet Title
Assignment Deed -- Burnet Title
Warranty Deed $180,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $593,438 Construction
Previous Owner $437,500 Land Contract Argmt. Of Sale
Source: Public Records

Source: NorthstarMLS

MLS Number: 7057500

NorthstarMLS

APN: 34-117-23-11-0048

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