$4,995,000
Excelsior, MN 55331
MLS# 7042283
1 / 16
Property Description
A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing. The lot has been perfectly graded and is prepped and ready for you to build your dream home. The neighborhood is exceptional with a small neighborhood park and walking trail and adjacent to the LRT Trail. Just a 1-mile walk from charming Excelsior, enjoy all the boutique shops, restaurants, antique stores, Library, Brewery and Kowalski’s grocery store – minutes away! The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park all summer long. Excelsior is host to events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs that take place every season of the year. This is an incredible opportunity to build your dream home in a prime location in the demand Minnetonka School District. Open to all builders. Please note the dock will stay with the property however the boathouse, boat lift, and kayak lift do not convey.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $4,995,000
Original List Price: 4995000
ListPrice: 4995000
List Date: 2026-03-24
Office/Member Info
Association: MAAR
General Property Information
Comp Sale YN: No
Development: No
Drainage: Excellent
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 199
Waterfront Present: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 199.5L x 152 x 167 x 152
Acres: 0.63
Lake/Waterfront Name: Minnetonka
Association Fee: 0
Assessment Pending: No
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: MEADEVILLE PARK LOTS 1 2 AND 3 MEADEVILLE PARK INCL ADJ VAC STREET ALSO THAT PART OF LOT 1 COVINGTON, IN THE TOWN OF EXCELSIOR DESC AS FOL BEG AT PT OF INTERSECTION OF W LINE OF SAID LOT 1 COVINGTON WITH THE NELY EXTENSION OF SLY LINE OF SAID LOT 1 M EADEVILLE PARK TH NELY ALONG SAID EXTENSION DIS 49.80 FT TH DEFL LEFT 74 DEG 24 MIN 50 SEC AND RUNNING NWLY TO SHORE OF LAKE MTKA TH SWLY ALONG SAID SHORE TO ITS INTERSECTION WITH W LINE OF SAID LOT 1 COVINGTON AND ITS EXTENSIONS TH S ALONG SAID W L I NE TO BEG
Listing City: Excelsior
Map Page: 117
Municipality: Excelsior
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 8615
Property ID Number: 2611723240033
Tax Year: 2026
Tax Amount: 46861
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing. The lot has been perfectly graded and is prepped and ready for you to build your dream home. The neighborhood is exceptional with a small neighborhood park and walking trail and adjacent to the LRT Trail. Just a 1-mile walk from charming Excelsior, enjoy all the boutique shops, restaurants, antique stores, Library, Brewery and Kowalski’s grocery store – minutes away! The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park all summer long. Excelsior is host to events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs that take place every season of the year. This is an incredible opportunity to build your dream home in a prime location in the demand Minnetonka School District. Open to all builders. Please note the dock will stay with the property however the boathouse, boat lift, and kayak lift do not convey.
Directions: Minnetonka Blvd to Meadville Street to the lot
Assessments
Assessment Balance: 0
Tax With Assessments: 46861
Builder Information
Builder Restrictions: Open
Development Status
Finished Lot(s): 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 0-4
Elevation Highpoint to Waterfront Slope
Level: 1
Existing Financing
Free and Clear: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Hard: 1
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Lake/Waterfront
Lake Front: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 26
Township#: 117
Restriction/Covenants
Easements-Utility: 1
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Sellers Terms
Adj. Rate/Gr Payment: 1
Cash: 1
Conventional: 1
VA: 1
Topography
Level: 1
Waterfront View
Lake: 1
Panoramic: 1
North: 1
West: 1
Available Utilities
Cable Available: 1
Electricity Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Natural Gas Connected: 1
Private Well Available: 1
Private Well Connected: 1
Sewer Available: 1
Sewer Connected: 1
Improvements
Public Road: 1
Land Inclusions
Dock: 1
Survey: 1
Property SubType
Lake Property: 1
Location Tax and Other Information
House Number: 4900x
Street Name: Meadville
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Property Features
Available Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Well Available; Private Well Connected; Sewer Available; Sewer Connected
Development Status: Finished Lot(s)
Elevation Highpoint to Waterfront Slope: Level
Existing Financing: Free and Clear
Improvements: Public Road
Lake Details: Hard; Sand
Land Inclusions: Dock; Survey
Lot Description: Accessible Shoreline; Tree Coverage - Medium
Property SubType: Lake Property
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; VA
Topography: Level
Waterfront View: Lake; Panoramic; North; West
Listing Office: Coldwell Banker Realty
Last Updated: April - 21 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.