400 Mill St Excelsior, MN 55331
Estimated payment $2,643/month
Highlights
- Beach Access
- Lake View
- Lower Floor Utility Room
- Excelsior Elementary School Rated A+
- No HOA
- 1 Car Attached Garage
About This Home
Welcome to this charming 3-bedroom, 2-bath home set in a highly desirable Excelsior location on Galpin Lake, offering a rare opportunity to enjoy peaceful waterfront surroundings just minutes from downtown Excelsior, Lake Minnetonka, parks, trails, shops, and dining.
The home features a functional layout with bright living spaces and beautiful natural light throughout. The main level includes a comfortable living room with hardwood floors, an eat-in kitchen with ample cabinetry and workspace, and three bedrooms conveniently located on one level. A versatile sunroom or bedroom is surrounded by windows provides additional living space.
The lower level offers additional finished space ideal for a family room, recreation area, or hobby space, along with a second bathroom, laundry area, and storage.
Outside, the property truly shines. The fully fenced backyard is mostly flat near the home and gradually slopes toward Galpin Lake, creating usable outdoor space for relaxing, gardening, or entertaining while enjoying scenic lake views. An attached one-car garage and convenient access to major roadways add to the home’s practicality, while the unbeatable location places you just minutes from shopping, dining and recreation that make Excelsior one of the metro’s most sought-after communities.
Move in and enjoy today or bring your ideas to build long-term value.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,488
Year Built
- Built in 1952
Lot Details
- Lot Dimensions are 78x121x56x119
- Property is Fully Fenced
Parking
- 1 Car Attached Garage
Home Design
- Block Exterior
Interior Spaces
- 1-Story Property
- Lower Floor Utility Room
- Laundry Room
- Lake Views
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Additional Features
- Beach Access
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Eastern Shore Subdivision
Listing and Financial Details
- Assessor Parcel Number 3511723230031
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 | $4,488 | $384,800 | $193,200 | $191,600 |
| 2023 | $3,994 | $348,500 | $193,200 | $155,300 |
| 2022 | $3,334 | $309,000 | $140,000 | $169,000 |
| 2021 | $3,025 | $266,000 | $120,000 | $146,000 |
| 2020 | $3,053 | $244,000 | $102,000 | $142,000 |
| 2019 | $3,038 | $239,000 | $102,000 | $137,000 |
| 2018 | $2,883 | $238,000 | $102,000 | $136,000 |
| 2017 | $2,968 | $230,000 | $114,000 | $116,000 |
| 2016 | $3,020 | $229,000 | $126,000 | $103,000 |
| 2015 | $3,058 | $229,000 | $126,000 | $103,000 |
| 2014 | -- | $202,000 | $114,000 | $88,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | Pending | -- | -- | -- |
| 02/27/2026 02/27/26 | For Sale | $425,000 | -- | $241 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $111,900 | -- |
Source: NorthstarMLS
MLS Number: 7025019
APN: 35-117-23-23-0031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Based on information submitted to the MLS GRID
Ask me questions while you tour the home.