Seller's Agent in 2025
Stafford Family Realtors
Coldwell Banker Burnet
(612) 282-6895
1 in this area
205 Total Sales
50 Highland Ave Excelsior, MN 55331
4
Beds
3
Baths
4,146
Sq Ft
0.72
Acres
Highlights
- 89 Feet of Waterfront
- Lake View
- No HOA
- Minnewashta Elementary School Rated A
- Family Room with Fireplace
- Game Room
About This Home
As of January 2025This is a gem on Lake Minnetonka. Nestled on a quiet cove off Gideon's Bay, you will find this exceptional, architecturally designed home. Designed by owner and architect Kilstofte, the home was built with unparalleled craftsmanship and has timeless appeal. Set on a serene .72-acre lot, the property is perfectly sited and offers breathtaking, long and peaceful views of Lake Minnetonka. A sanctuary for nature lovers, you will enjoy frequent visits from Mallard ducks, loons, and majestic bald eagles.The layout is designed to embrace the beauty of its surroundings, with expansive windows offering sweeping views of the tranquil bay and lake, seamlessly blending the indoor living spaces with the natural beauty outside.The interior of the home is painted in neutral colors and offers a calm and natural tranquility. The main level features gorgeous Cumaru plank floors, a South American hardwood. The bathrooms were beautifully updated and include luxurious subway-tiled showers and heated tile floors. The chef-inspired kitchen is well equipped, with stainless steel appliances, extensive cabinetry and an expansive peninsula with granite countertops, ideal for the home chef. It’s perfect for quiet meals at home or entertaining friends and family with beautiful lake views in the backdrop.Outdoors, the property offers even more to enjoy—a large deck, lush gardens, a rain garden, and a private island. The island is shared with one neighbor and offers a gathering space, firepit and an all season, private dock on Lake Minnetonka. Whether you’re boating, fishing, or simply relaxing by the water, this property offers the perfect setting to unwind and enjoy the best of lakeside living.Every detail of this home has been meticulously maintained, with significant updates including a new roof, new windows, and new HVAC system. Lakeside, a footbridge will bring you to the island where you will find a boat dock, lift and shore power.Whether you’re savoring the peaceful setting or enjoying all that Lake Minnetonka has to offer, this property is a true sanctuary—an extraordinary opportunity to own a home in one of the most coveted locations, just minutes from the historic Village of Excelsior.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-282-6895 Listed on: 11/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,943
Year Built
- Built in 1987
Lot Details
- 0.72 Acre Lot
- Lot Dimensions are 177x89x150x101x98
- 89 Feet of Waterfront
- Lake Front
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Tuck Under Garage
- Garage Door Opener
Home Design
- Flat Roof Shape
- Pitched Roof
- Rubber Roof
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Room
- Home Office
- Game Room
- Lake Views
Kitchen
- Built-In Oven
- Range
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Underground Utilities
Community Details
- No Home Owners Association
- Gideons Bay Woods Subdivision
Listing and Financial Details
- Assessor Parcel Number 2811723140048
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2018
Sold by
Thomas Gregory J and Downie Carol M
Bought by
Thomas Gregory J and Downie Carol M
Current Estimated Value
Purchase Details
Closed on
Aug 1, 2018
Sold by
Thomas Gregory J and Downie Carol M
Bought by
Thomas Gregory J and Downie Carol M
Purchase Details
Closed on
Feb 26, 2013
Sold by
Kilstofte Irwin H
Bought by
Thomas Gregroy J and Downie Carol M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2013
Sold by
Kilstoftle Irwin H and Kilsofte Marilyb A
Bought by
Thomas Gregory J and Downie Carol M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Joint Tenancy Deed | -- | Edina Realty Title Inc | |
| Trustee Deed | -- | Edina Realty Title Inc | |
| Warranty Deed | $820,147 | Edina Realty Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $676,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2025 01/07/25 | Sold | $1,745,000 | 0.0% | $421 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 11/10/2024 11/10/24 | Off Market | $1,745,000 | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $1,735,000 | -- | $418 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $16,623 | $1,365,400 | $802,800 | $562,600 |
| 2023 | $13,943 | $1,218,000 | $730,600 | $487,400 |
| 2022 | $13,737 | $1,213,000 | $731,000 | $482,000 |
| 2021 | $14,423 | $1,082,000 | $731,000 | $351,000 |
| 2020 | $13,818 | $1,120,000 | $695,000 | $425,000 |
| 2019 | $13,463 | $1,027,000 | $627,000 | $400,000 |
| 2018 | $12,195 | $990,000 | $627,000 | $363,000 |
| 2017 | $12,332 | $905,000 | $523,000 | $382,000 |
| 2016 | $11,723 | $851,000 | $523,000 | $328,000 |
| 2015 | $11,742 | $851,000 | $523,000 | $328,000 |
| 2014 | -- | $877,000 | $570,000 | $307,000 |
Source: Public Records
Agents Affiliated with this Home
-
Stafford Family Realtors
-
Eric Stafford
Seller Co-Listing Agent in 2025
Eric Stafford
Coldwell Banker Burnet
(952) 221-7751
1 in this area
230 Total Sales
-
Roxanne Soderquist
Buyer's Agent in 2025
Roxanne Soderquist
Bridge Realty, LLC
(763) 439-3031
1 in this area
3 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6626955
APN: 28-117-23-14-0048
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