NOT LISTED FOR SALE

322 Lake St Excelsior, MN 55331

Estimated Value: $436,000 - $2,107,000

1 Bed
-- Bath
695 Sq Ft
$1,829/Sq Ft Est. Value

About This Home

Welcome to Excelsior Shores, a vibrant apartment community nestled in the heart of downtown Excelsior, MN, right across from the stunning Lake Minnetonka. Here, urban charm beautifully meets natural beauty, creating a truly refined living experience for our residents.

Our thoughtfully designed apartments offer a perfect blend of style and comfort, featuring upscale finishes and modern amenities that cater to your every need. This is the ideal place for those who appreciate the finer things in life while enjoying a tranquil, connected lifestyle.

Step outside, and you’ll discover the charm of downtown Excelsior just waiting to be explored. Take leisurely strolls to unique boutiques, indulge in gourmet dining, or relax with a coffee in one of the inviting cafes—all within walking distance.

Commuting is also a breeze, with easy access to major highways and public transportation, making it simple to reach Minneapolis or embark on a weekend adventure.

At Excelsior Shores, you’ll find the perfect blend of sophistication and serenity. Come experience the welcoming community that embodies the best of downtown Excelsior living. Welcome home!

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2026 01/11/26 Off Market $2,595 -- --
11/26/2025 11/26/25 Price Changed $2,595 +30.1% $4 / Sq Ft
08/28/2025 08/28/25 Price Changed $1,995 -23.1% $3 / Sq Ft
08/25/2025 08/25/25 Price Changed $2,595 +62.7% $4 / Sq Ft
07/21/2025 07/21/25 Price Changed $1,595 -36.1% $2 / Sq Ft
07/04/2025 07/04/25 Price Changed $2,495 -3.9% $4 / Sq Ft
06/06/2025 06/06/25 Price Changed $2,595 +30.1% $4 / Sq Ft
04/14/2025 04/14/25 Price Changed $1,995 +25.1% $3 / Sq Ft
01/14/2025 01/14/25 For Rent $1,595 0.0% --
12/04/2024 12/04/24 Off Market $1,595 -- --
08/15/2024 08/15/24 Price Changed $1,595 0.0% $2 / Sq Ft
08/15/2024 08/15/24 For Rent $1,595 +33.2% --
03/29/2024 03/29/24 Price Changed $1,197 +26.0% $2 / Sq Ft
03/28/2024 03/28/24 Price Changed $950 -20.6% $1 / Sq Ft
03/14/2024 03/14/24 Price Changed $1,197 -29.5% $2 / Sq Ft
12/27/2023 12/27/23 Price Changed $1,697 +41.8% $2 / Sq Ft
12/22/2023 12/22/23 Price Changed $1,197 -29.5% $2 / Sq Ft
12/08/2023 12/08/23 Price Changed $1,697 +41.8% $2 / Sq Ft
10/13/2023 10/13/23 Price Changed $1,197 -53.9% $2 / Sq Ft
10/13/2023 10/13/23 For Rent $2,595 -- --

Tax History Compared to Growth

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 $61,914 $4,353,000 $1,680,000 $2,673,000
2023 $40,972 $3,009,000 $1,680,000 $1,329,000
2022 $37,489 $116,000 $18,000 $98,000
2021 $36,241 $102,000 $18,000 $84,000
2020 $33,070 $2,379,000 $426,000 $1,953,000
2019 $29,961 $88,000 $16,000 $72,000
2018 $28,388 $80,000 $15,000 $65,000
2017 $27,459 $1,711,000 $360,000 $1,351,000
2016 $26,177 $1,565,000 $360,000 $1,205,000
2015 $23,792 $1,393,000 $360,000 $1,033,000
2014 -- $1,368,000 $360,000 $1,008,000
Source: Public Records

Map