475 Lakeview Ave Excelsior, MN 55331
Estimated payment $9,086/month
Total Views
6,470
1
Bed
2
Baths
1,520
Sq Ft
$920
Price per Sq Ft
Highlights
- 40 Feet of Waterfront
- Beach Access
- 2 Fireplaces
- Minnewashta Elementary School Rated A
- Lake View
- No HOA
About This Home
Opportunity knocks. Offered for the first time in over 50 years. Nestled on a secluded no-outlet road, this unique lake home offers the perfect blend of tranquility, charm, and untapped potential. Just steps away from the water’s edge with 40 feet of South facing lakeshore on Gideon's Bay, boasting breathtaking panoramic lake views.
Enjoy the spacious screened-in deck, designed to soak in the scenery year-round. Inside, the home features vaulted ceilings, skylights, hardwood floors, and a cozy fireplace, all enhanced by a unique open floor plan that’s perfect for entertaining or unwinding.
Whether you're looking for a serene getaway, a renovation opportunity, or a dream rebuild, this property is poised with potential. Located just minutes from Downtown Excelsior, shopping and everyday amenities, yet worlds away from the hustle, this is your chance to own a slice of lakeside paradise. Don’t miss this rare opportunity to create your perfect lakefront lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,043
Year Built
- Built in 1965
Lot Details
- 6,970 Sq Ft Lot
- 40 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
Parking
- 2 Car Garage
Home Design
- Flex
- Pitched Roof
Interior Spaces
- 1-Story Property
- 2 Fireplaces
- Decorative Fireplace
- Lake Views
Kitchen
- Breakfast Bar
- Range<<rangeHoodToken>>
- <<microwave>>
- The kitchen features windows
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Sump Pump
- Basement Window Egress
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Minnetonka Lake Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 2711723320016
Map
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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 | $13,439 | $1,087,500 | $1,024,600 | $62,900 |
| 2022 | $10,989 | $900,000 | $840,000 | $60,000 |
| 2021 | $10,180 | $881,000 | $839,000 | $42,000 |
| 2020 | $10,607 | $813,000 | $776,000 | $37,000 |
| 2019 | $9,747 | $735,000 | $699,000 | $36,000 |
| 2018 | $10,397 | $738,000 | $699,000 | $39,000 |
| 2017 | $9,058 | $686,000 | $640,000 | $46,000 |
| 2016 | $8,574 | $644,000 | $600,000 | $44,000 |
| 2015 | $7,966 | $604,000 | $560,000 | $44,000 |
| 2014 | -- | $560,000 | $520,000 | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2025 06/14/25 | For Sale | $1,399,000 | -- | $920 / Sq Ft |
Source: NorthstarMLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $100,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Excelsior, MN
Source: NorthstarMLS
MLS Number: 6730566
APN: 27-117-23-32-0016
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