$5,100,000

4900 Meadville St Excelsior, MN 55331

Estimated payment $30,745/month

Total Views 12,607
0.63 Acre
$8,095,238 Price per Acre
27,443 Sq Ft Lot

Highlights

  • 199 Feet of Waterfront
  • Beach Access
  • No HOA
  • Excelsior Elementary School Rated A

About This Lot

A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing. The lot has been perfectly graded and is prepped and ready for you to build your dream home. The neighborhood is exceptional with a small neighborhood park with walking trail and adjacent to the LRT Trail. Just a 1-mile walk from charming Excelsior, enjoy all the boutique shops, restaurants, antique stores, Library, Brewery and Kowalskis grocery store located within minutes! The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park all summer long. Excelsior is host to events throughout the year including 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs that take place every season of the year. This is an incredible opportunity to build your dream home in a prime location in the demand Minnetonka School District. Open to all builders. Please note the dock will stay with the property however the boathouse, boat lift, and kayak lift do not convey.

Listing Agent

Stafford Family Realtors

Coldwell Banker Realty Brokerage Phone: 612-282-6895 Listed on: 05/09/2025

Coldwell Banker Realty

Co-Listing Agent

Eric Stafford

Coldwell Banker Realty Brokerage Phone: 612-282-6895

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44,466

Lot Details

  • 199 Feet of Waterfront
  • Lake Front
  • Finished Lot(s)

Listing and Financial Details

  • Assessor Parcel Number 2611723240033

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$44,466

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Water Body Name: Minnetonka
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Public Road
  • Attribution Contact: 612-282-6895
  • Attribution Contact: 612-282-6895
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Dock,Survey

Exterior Features

  • View: Lake, North, Panoramic, West
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 199

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Private Well Connected, Sewer Connected, Cable Available, Electricity Available, Natural Gas Available, Private Well Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: 199.5L x 152 x 167 x 152
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2611723240033
  • Tax Annual Amount: 44466
  • TaxWithAssessments: 44466.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $44,466 $3,556,600 $3,556,600 --
2023 $44,570 $3,799,700 $3,799,700 $0
2022 $35,963 $3,551,000 $3,551,000 $0
2021 $34,863 $2,709,000 $2,709,000 $0
2020 $36,615 $2,583,000 $2,583,000 $0
2019 $47,229 $2,583,000 $2,583,000 $0
2018 $47,452 $3,334,000 $2,620,000 $714,000
2017 $48,240 $3,325,000 $2,620,000 $705,000
2016 $46,506 $3,117,000 $2,522,000 $595,000
2015 $42,701 $2,838,000 $2,243,000 $595,000
2014 -- $2,529,000 $1,945,000 $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2025 10/02/25 Price Changed $5,100,000 -6.4% --
07/07/2025 07/07/25 Price Changed $5,450,000 -9.1% --
05/09/2025 05/09/25 For Sale $5,995,000 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,530,000 Carver County Abstract & Tit
Warranty Deed $2,530,000 Carver County Abstract & Tit
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6641411

NorthstarMLS

APN: 26-117-23-24-0033