4 1st St Excelsior, MN 55331
Estimated payment $8,081/month
Highlights
- Deeded Waterfront Access Rights
- 135 Feet of Waterfront
- Beach
- Excelsior Elementary School Rated A
- Dock Facilities
- Lake View
About This Home
Extremely rare opportunity to own a spacious townhome just steps from “A-grade” Gideon’s Bay on iconic Lake Minnetonka in Downtown Excelsior! All three townhome owners are able to have a boat slip, and with none currently in use, the new owner can dock their boat immediately in the installed slip—no wait. Enjoy exceptional hard sand shoreline & private beach—complete with front-row views of the spectacular 4th of July fireworks. From the moment you walk in, you're greeted by panoramic lake views and inviting living spaces, including multiple seating areas perfect for entertaining or relaxing with a large paver patio outside. The kitchen features rich hardwood cabinetry, granite countertops, and a layout that flows seamlessly into the main living areas. Upstairs, you'll find three generously sized bedrooms—all conveniently located on the same level—with stunning lake views from every room. Ideally located within walking distance to The Commons, Downtown Excelsior boutique shops & restaurants, and the Lake Minnetonka Regional Trail. Pet-friendly. No rentals. Bring your boat + boat lift, family + friends—Lake Life is calling—don’t miss this rare Excelsior lake gem!
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-961-6995 Listed on: 07/28/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $12,389
Year Built
- Built in 1974
Lot Details
- 1,307 Sq Ft Lot
- 135 Feet of Waterfront
- Lake Front
- Cul-De-Sac
HOA Fees
- $150 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 1,925 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Entrance Foyer
- Living Room
- Dining Room
- Lake Views
- Washer and Dryer Hookup
Kitchen
- Walk-In Pantry
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Deeded Waterfront Access Rights
- Dock Facilities
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2711723430025
Community Details
Overview
- Association fees include dock, hazard insurance, lawn care, snow removal
- Cheryl Plaziak Association, Phone Number (952) 393-6223
- Gideon Bay Townhomes Subdivision
Recreation
- Beach
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 |
|---|---|---|---|---|
| 2023 | $11,101 | $884,300 | $560,000 | $324,300 |
| 2022 | $8,515 | $780,000 | $466,000 | $314,000 |
| 2021 | $7,525 | $629,000 | $370,000 | $259,000 |
| 2020 | $7,483 | $566,000 | $352,000 | $214,000 |
| 2019 | $7,450 | $548,000 | $340,000 | $208,000 |
| 2018 | $7,054 | $546,000 | $340,000 | $206,000 |
| 2017 | $6,506 | $514,000 | $340,000 | $174,000 |
| 2016 | $6,466 | $501,000 | $336,000 | $165,000 |
| 2015 | $5,937 | $440,000 | $275,000 | $165,000 |
| 2014 | -- | $404,000 | $250,000 | $154,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | Pending | -- | -- | -- |
| 08/01/2025 08/01/25 | For Sale | $1,295,000 | -- | $673 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Attorney | |
| Deed | -- | Attorney |
Source: NorthstarMLS
MLS Number: 6752598
APN: 27-117-23-43-0025
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