Seller's Agent in 2025
Lane Hansen
United Real Estate Twin Cities
(952) 228-1049
2 in this area
19 Total Sales
88 1st St Excelsior, MN 55331
0.1
Acre
$6,250,000
Price per Acre
4,356
Sq Ft Lot
Highlights
- Lake View
- Excelsior Elementary School Rated A+
- No HOA
About This Lot
As of December 2025Rare opportunity to build a new home on one of the best available lots in the coveted Heart of Excelsior or buy and hold as an investment. This prime wide open corner lot offers expansive unobstructed views across Excelsior Commons Park with Lake Minnetonka just a few steps away and right outside the door of your future home. Enjoy all the public amenities and zero HOA fees including 2 swimming beaches, playground, tennis courts, basketball, baseball, kayaking, grilling, fishing, fireworks on the 4th, or just relax by the open firepits and relish live music at the park bandshell, plus much more. All this and located within the award-winning Minnetonka Schools and Excelsior Elementary, walking distance to historic Water Street boasting numerous shops and fine dining experiences, easy access to Lake Minnetonka LRT Reginal Trail system. In addition, Excelsior residents are eligible for boat slips or sailboat mooring buoys via the city dock program waiting list. Note the previous home has already been demolished and removed from the site saving you substantial $$$ in demolition costs. Open to any builder. Do not delay!
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,561
Additional Features
- Finished Lot(s)
- Lake Views
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2711723430022
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | Sold | $625,000 | 0.0% | -- |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- |
| 11/06/2025 11/06/25 | Off Market | $625,000 | -- | -- |
| 08/01/2025 08/01/25 | For Sale | $649,900 | -- | -- |
Source: NorthstarMLS
Agents Affiliated with this Home
-
Lane Hansen
-
Jin Hansen
Seller Co-Listing Agent in 2025
Jin Hansen
United Real Estate Twin Cities
(763) 913-9174
1 in this area
107 Total Sales
-
Rick Bateson
Buyer's Agent in 2025
Rick Bateson
Keller Williams Premier Realty Lake Minnetonka
(612) 850-1916
2 in this area
34 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6764346
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Based on information submitted to the MLS GRID
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