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185 W Lake Street
Excelsior, MN 55331
FOR
SALE
$1,700,000
Active
4
Beds
4
Baths
2
Garage
1900
Yr. Built
MLS# 7051629
Cumulative Days on Market: 68 (since April 9th, 2026) Data provided by the MLS.

Property Description

Located in the heart of Excelsior, just one block from Lake Minnetonka, this exceptional home offers a rare blend of refined living and an unbeatable in-town location. Thoughtfully designed for both everyday comfort and effortless entertaining, the home features warm hardwood floors, light-filled living spaces, and seamless indoor-outdoor flow. The well-appointed kitchen boasts generous counter space and abundant cabinetry, making it ideal for hosting gatherings or preparing meals after a day on the lake. A bright, window-wrapped primary suite provides a serene retreat, complemented by a spacious primary bath with dual vanities, a soaking tub, and a steam shower. The expansive lower level includes space for a game table or media area, along with a bedroom and bathroom — perfect for welcoming weekend guests who come to enjoy lake life and all that Excelsior has to offer. Just steps from Excelsior Commons and the Port of Excelsior, residents enjoy easy access to swimming beaches, parks, public docks, and summer concerts at the Bandshell. A short walk brings you to historic downtown Excelsior, with its charming restaurants, boutique shopping, and iconic ice cream shops. Offering walkability, lake access, and a premier Excelsior address, this home delivers the quintessential Lake Minnetonka lifestyle. As an owner you’re eligible for a deeded boat slip, but be aware that there is a waiting list.

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Property Highlights

Property Type
Residential
Bedrooms
4
Total Bathrooms
4
Living Area
3,350 Sqft
Price / Sqft
$507
Year Built
1900
Water Body Number
27013300
Lake Class
General Development
Cumulative Days On Market
62

Location

City/Township
Excelsior
Subdivision
Auditors Sub 135
County
Hennepin
Zoning Description
Residential-Single Family

Lake/Waterfront Information

Water Body Name
Minnetonka
Lake Acres
14206
Lake Depth
113
Waterfront Features
Lake View
Lake Chain
N
Lake Class
General Development
Water Body Number
27013300

Property Details

Price
$1,700,000
Property Type
Residential

Building

Levels
Two
Total Area
3,444

Community

Local Schools

School District
Minnetonka

Interior Features

Bedrooms and Bathrooms

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

Rooms and Basement

Has Basement
Yes
Basement Features
Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump

Area and Spaces

Living Area
3,350 Sqft
Above Grade Finished Area
2,368
Below Grade Finished Area
982

Appliances

Appliances
Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Interior Features

Laundry Features
Gas D
Accessibility Features
None

Heating and Cooling

Heating Features
Forced Air, In-Floor Heating

Building Details

Construction

Year Built
1900

Materials

Roof
Asphalt

Terms

Terms

Contingency
None
Cumulative Days On Market
62

Taxes

Tax

Tax (Annual)
$18,302

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
City Sewer/Connected
Water Source
City Water/Connected

Lot

Lot Size
0.16
Lot Dimensions
117x67x109x82
Lot Features
Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light

Exterior Features

Fencing
Wood

Parking

Garage Capacity
2
Parking Features
Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage

Pool Features

Pool Features
None
Listed by Edina Realty, Inc..
Listing Data last updated 04/15/2026 11:00 am
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Property History

6 days ago
Property information last updated
6 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 68 (since April 9th, 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 04/15/2026 11:00 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: 04/15/2026 11:00 am
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