322 Lake St Excelsior, MN 55331
Estimated Value: $436,000 - $2,107,000
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!
Home Values in the Area
Average Home Value in this Area
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
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 |
Map
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