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165 Mound Avenue
Excelsior, MN 55331
FOR
SALE
$3,690,000
Active
5
Beds
5
Baths
3
Garage
2021
Yr. Built
MLS# 6823642
Cumulative Days on Market: 7 (since February 5th, 2026) Data provided by the MLS.

Property Description

Like-new construction on Lake Minnetonka, only better! This exceptional 2021 custom-built luxury home is set on sought after Gideon Bay with 51 feet of sandy, level shoreline, a private beach, and panoramic lake views. Situated on an extra deep lot just minutes from downtown Excelsior, this property offers the rare combination of privacy, walkability, and premier lakeside living. Designated for both everyday living and entertaining, the home features a chef's kitchen with a 10-foot island, Thermador 8-burner gas / induction range, and a fully equipped back prep kitchen. The stunning primary suite captures sweeping lake views and includes a spa-like bath and oversized walk-in closet. Four bedrooms are located on the upper level, plus a private guest suite above the garage with its own entrance, kitchenette, and full bath, ideal for visitors, au pair, or multigenerational living. The walkout lower level is an entertainer's dream with a wine room, theater, exercise room, family room, guest bedroom, and a full bar with ice-maker and pass-through window to the patio bar, perfect for summer gatherings. The heated, lift-ready garage accommodates two vehicle lifts and is wired for supplemental heat. Enjoy front-row views of Excelsior's fireworks, quick access to Lake Minnetonka by boat, and proximity to restaurants, trails, and boutique shopping by land. This turn-key waterfront retreat is ideal for year-round living or as a premier summer lake home.

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Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Bedrooms
5
Total Bathrooms
5
Living Area
5,088
Price / Sq Ft
$725
Year Built
2021
Water Body Number
27013300
Lake Class
General Development

Location

City/Township
Excelsior
View
East, Panoramic
Subdivision
Slocums Rgt Of Manitou Forest
County
Hennepin
Zoning Description
Shoreline, Residential-Single Family

Lake/Waterfront Information

Water Body Name
Minnetonka
Lake Acres
14206
Lake Depth
113
Water Front (feet)
51
Waterfront Features
Lake Front
Lake Bottom
Sand
Lake Chain
N
Lake Class
General Development
Water Body Number
27013300

Property Details

Price
$3,690,000
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Levels
Two

Community

Local Schools

School District
Minnetonka

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
5
Full Bathrooms
3
1/2 Bathrooms
1
3/4 Bathrooms
1
Bedrooms
5

Rooms and Basement

Has Basement
Yes
Basement Features
Egress Window(s), Finished, Full, Walkout

Area and Spaces

Living Area
5,088
Above Grade Finished Area
3,788
Below Grade Finished Area
1,300

Appliances

Appliances
Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned

Interior Features

Laundry Features
Laund
Accessibility Features
None
Electic
Circuit Breakers
Fireplace Features
Gas, Living Room

Heating and Cooling

Heating Features
Forced Air
Has Fireplace
Yes
Fireplaces
1

Building Details

Construction

Year Built
2021

Materials

Roof
Age 8 Years or Less, Asphalt, Metal, Pitched

Terms

Terms

Contingency
None

Taxes

Tax

Tax (Annual)
$44,875

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
City Sewer/Connected
Water Source
City Water - In Street

Lot

Lot Size
0.36
Lot Dimensions
51x305x56x320
Lot Features
Accessible Shoreline, Tree Coverage - Medium
Lot Dimensions Units
Acres

Parking

Garage Capacity
3
Parking Features
Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tuckunder Garage

Pool Features

Pool Features
None
Listed by Re/max Results.
Listing Data last updated 02/13/2026 04:40 am
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Property History

Yesterday
Property information last updated
7 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 7 (since February 5th, 2026) Data provided by the MLS.

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Listings courtesy of Northstar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 02/13/2026 04:40 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Listing Data last updated: 02/13/2026 04:40 am
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