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5150 Meadville Street
Excelsior, MN 55331
FOR
SALE
$5,750,000
Active
4
Beds
4
Baths
2
Garage
1918
Yr. Built
MLS# 7080605
Cumulative Days on Market: 203 · Includes prior listings · Currently listed since 05/29/26 · Data provided by the MLS.

Property Description

One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.

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Property Highlights

Property Type
Residential
Property Sub Type
Single Family
Bedrooms
4
Total Bathrooms
4
Living Area
3,616 Sqft
Price / Sqft
$1,590
Year Built
1918
Water Body Number
27013300
Lake Class
General Development
Cumulative Days On Market
202

Location

City/Township
Excelsior
View
Bay, Lake, North, Panoramic, South, West
Subdivision
Auditors Sub 141
County
Hennepin
Zoning Description
Residential-Single Family

Lake/Waterfront Information

Water Body Name
Minnetonka
Lake Acres
14206
Lake Depth
113
Water Front (feet)
240
Waterfront Features
Dock, Lake Front, Lake View
Lake Bottom
Sand
Lake Chain
N
Lake Class
General Development
Water Body Number
27013300

Property Details

Price
$5,750,000
Property Type
Residential
Property Sub Type
Single Family

Building

Levels
Two
Total Area
4,698

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, Finished, Full, Sump Pump

Area and Spaces

Living Area
3,616 Sqft
Above Grade Finished Area
3,111
Below Grade Finished Area
505

Appliances

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer

Interior Features

Laundry Features
Laund
Accessibility Features
None
Electic
Circuit Breakers
Fireplace Features
Family Room, Stone, Wood Burning

Heating and Cooling

Heating Features
Forced Air
Has Fireplace
Yes
Fireplaces
1

Building Details

Construction

Year Built
1918
Foundations
Block

Materials

Construction Materials
Block

Terms

Terms

Contingency
None
Cumulative Days On Market
202

Taxes

Tax

Tax (Annual)
$29,533

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
City Sewer/Connected
Water Source
Well

Lot

Lot Size
0.40
Lot Dimensions
Irregular
Lot Features
Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium

Exterior Features

Exterior Features
Shake

Parking

Garage Capacity
2
Parking Features
Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage

Pool Features

Pool Features
None
Listed by Re/max Advantage Plus
Listing Data last updated 06/25/2026 11:40 am
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Property History

Yesterday
Property information last updated
26 days ago
Status Active. This is the most recent date the listing was placed on market.
Cumulative Days on Market: 203 days (includes prior listings) · Currently listed since May 29, 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 06/25/2026 11:40 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: 06/25/2026 11:40 am
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