4940 Meadville St Excelsior, MN 55331
Estimated payment $31,670/month
Total Views
86,593
4
Beds
6
Baths
5,963
Sq Ft
$839
Price per Sq Ft
Highlights
- Hot Property
- 128 Feet of Waterfront
- Lake View
- Excelsior Elementary School Rated A
- Guest House
- Fireplace in Primary Bedroom
About This Home
128' of Lake Minnetonka lakeshore. Private detached Guest House sleeps 6.
Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay? Check out the charming nautical-theme guest house complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original 1905 lakeside boathouse, three separate outdoor patios and expansive flower landscaping. Recent home updates include a new 2024 roof, fresh paint, new light fixtures, window enhancements and landscaping. Enjoy a prime location with easy access to the Lake Minnetonka Regional Trail, downtown Excelsior, and Cottagewood neighborhood. Don't hesitate, enjoy living the Lake Minnetonka lifestyle today!276-Minnetonka Schools
Listing Agent
Keller Williams Premier Realty Lake Minnetonka Listed on: 08/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $63,182
Year Built
- Built in 1995
Lot Details
- 0.45 Acre Lot
- 128 Feet of Waterfront
- Lake Front
- Property has an invisible fence for dogs
Parking
- 3 Car Attached Garage
- Heated Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Wet Bar
- Central Vacuum
- Wood Burning Fireplace
- Stone Fireplace
- Brick Fireplace
- Family Room with Fireplace
- 4 Fireplaces
- Great Room
- Home Office
- Storage Room
- Lake Views
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
- Trash Compactor
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Storage
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- Water Filtration System
- Well
Additional Features
- Air Exchanger
- Guest House
Listing and Financial Details
- Assessor Parcel Number 2611723240003
Community Details
Overview
- No Home Owners Association
- Auditors Sub 141 Subdivision
Amenities
- Billiard Room
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 | $63,182 | $5,461,600 | $3,519,600 | $1,942,000 |
| 2022 | $46,551 | $4,851,000 | $3,289,000 | $1,562,000 |
| 2021 | $46,566 | $3,583,000 | $2,519,000 | $1,064,000 |
| 2020 | $48,876 | $3,526,000 | $2,459,000 | $1,067,000 |
| 2019 | $45,344 | $3,524,000 | $2,459,000 | $1,065,000 |
| 2018 | $44,411 | $3,204,000 | $2,226,000 | $978,000 |
| 2017 | $45,148 | $3,117,000 | $2,075,000 | $1,042,000 |
| 2016 | $42,401 | $2,849,000 | $1,945,000 | $904,000 |
| 2015 | $37,974 | $2,533,000 | $1,629,000 | $904,000 |
| 2014 | -- | $2,309,000 | $1,525,000 | $784,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Price Changed | $4,999,995 | -3.8% | $839 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $5,200,000 | +3.0% | $872 / Sq Ft |
| 07/31/2023 07/31/23 | Sold | $5,050,000 | -12.2% | $847 / Sq Ft |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- |
| 06/15/2023 06/15/23 | For Sale | $5,750,000 | +13.9% | $964 / Sq Ft |
| 06/03/2023 06/03/23 | Off Market | $5,050,000 | -- | -- |
| 06/02/2023 06/02/23 | For Sale | $5,750,000 | -- | $964 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,050,000 | Burnet Title | |
| Warranty Deed | $3,600,000 | -- |
Source: Public Records
About the Listing Agent
Jessica M.'s Other Listings
Source: NorthstarMLS
MLS Number: 6773074
APN: 26-117-23-24-0003
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