5150 Meadville St Excelsior, MN 55331
Estimated payment $36,514/month
Highlights
- 240 Feet of Waterfront
- Beach Access
- No HOA
- Excelsior Elementary School Rated A
- Lake View
- Game Room
About This Home
Welcome to a rare and extraordinary opportunity to experience the ultimate Lake Minnetonka lifestyle! Perfectly situated on a prime peninsula, this property offers spectacular panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake — a front-row seat to some of the lake's most breathtaking scenery.
With 240 feet of pristine shoreline, two private docks, and additional slips, this property is ideal for boating enthusiasts who want immediate access to open water and endless lake adventures. Spend your days paddleboarding, water skiing, or cruising to one of the many lakeside dining destinations — all just moments from your own backyard. As evening falls, gather with family and friends to enjoy unmatched sunset views and front-row seats to Excelsior’s 4th of July fireworks, right from your deck or patio.
Enjoy the home as-is, with its charming lake cabin feel, or envision and build your dream estate to fully capitalize on this one-of-a-kind setting. The existing home offers a flexible and inviting floor plan, with a main-level bedroom and full bath, open-concept living and family rooms featuring rich wood floors, beamed ceilings, and a cozy stone woodburning fireplace — all designed to frame and celebrate the sweeping lake views. Upstairs, the primary suite provides a private retreat complete with a full ensuite bath, along with two additional bedrooms an additional 3⁄4 bath and a convenient laundry room.
Step outside to multiple outdoor living spaces, including a deck and patio perfect for summer barbecues, morning coffee with lake breezes, or simply relaxing and taking in the peaceful surroundings. The property also offers convenient access to local trails and is an easy walk or bike ride into the heart of downtown Excelsior, where charming shops, award-winning restaurants, and vibrant community events await.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-309-8332 Listed on: 06/13/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,995
Year Built
- Built in 1918
Lot Details
- 0.4 Acre Lot
- 240 Feet of Waterfront
- Lake Front
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Guest Parking
Home Design
- Flex
- Shake Siding
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Stone Fireplace
- Family Room with Fireplace
- Living Room
- Game Room
- Lake Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Well
Community Details
- No Home Owners Association
- Auditors Sub 141 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2611723320010
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 |
---|---|---|---|---|
2023 | $28,995 | $2,547,000 | $2,192,200 | $354,800 |
2022 | $22,283 | $2,349,000 | $2,049,000 | $300,000 |
2021 | $21,934 | $1,755,000 | $1,561,000 | $194,000 |
2020 | $23,984 | $1,701,000 | $1,510,000 | $191,000 |
2019 | $22,973 | $1,768,000 | $1,607,000 | $161,000 |
2018 | $21,180 | $1,661,000 | $1,482,000 | $179,000 |
2017 | $21,364 | $1,517,000 | $1,351,000 | $166,000 |
2016 | $21,236 | $1,467,000 | $1,302,000 | $165,000 |
2015 | $21,452 | $1,467,000 | $1,302,000 | $165,000 |
2014 | -- | $1,265,000 | $1,117,000 | $148,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/15/2025 08/15/25 | Price Changed | $6,400,000 | -7.2% | $1,770 / Sq Ft |
06/13/2025 06/13/25 | For Sale | $6,900,000 | -- | $1,908 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $895,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,298,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6688877

APN: 26-117-23-32-0010
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