Start of property details

Share this property:
254 Lake Street
Excelsior, MN 55331
FOR
SALE
$4,495,000
Active
4
Beds
4
Baths
2
Garage
2024
Yr. Built
MLS# 7097500
Cumulative Days on Market: 234 · Includes prior listings · Currently listed since 06/23/26 · Data provided by the MLS.

Property Description

Completed new construction! Breathtaking Peter Eskuche + Mikan collaboration offering the highest level of finish and stunning lake views throughout! Enjoy the unparalleled architectural details and open flowing floorplan offering walls of windows showcasing views overlooking Excelsior Bay. The main-level features light + bright spaces; gourmet kitchen with high-end appliances, coffee bar, prep area and walk-in pantry. Spacious family room with sliding glass doors that open to the large porch with phantom screens + electronic pergola, dipping pool / hot tub and unmatched water views, creating the perfect blend of indoor + outdoor living! The upper-level offers a loft with built-ins and beverage fridge; bonus room with fireplace + lake views; office area; two guest bedrooms and spacious primary suite with spa-like bathroom (heated floors)! Lower-level featuring unparalleled amenities including the large family room + game area; wet bar with beverage fridges; exercise room; sauna and golf simulator. Extra-deep 2-car garage (heated, sink, water spigot). Ideally located in the heart of Excelsior just steps to shops, restaurants and all the amenities downtown has to offer! Truly a must see!

Ask a Local Expert

Open House Announcements

Jun 28th
11:00am to 1:00pm
In person. Please join us!

Property Highlights

Property Type
Residential
Property Sub Type
Single Family
Bedrooms
4
Total Bathrooms
4
Living Area
4,661 Sqft
Price / Sqft
$964
Year Built
2024
Water Body Number
27013300
Lake Class
General Development
Cumulative Days On Market
232

Location

City/Township
Excelsior
Subdivision
Seamans Sub Of Lts 7 & 8 Excelsior
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
$4,495,000
Property Type
Residential
Property Sub Type
Single Family

Building

Levels
Two

Community

Local Schools

School District
Minnetonka

Interior Features

Bedrooms and Bathrooms

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

Rooms and Basement

Has Basement
Yes
Basement Features
Finished, Full

Area and Spaces

Living Area
4,661 Sqft
Above Grade Finished Area
2,983
Below Grade Finished Area
1,678

Appliances

Appliances
Chandelier, Dishwasher, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer

Interior Features

Laundry Features
Upper
Accessibility Features
None
Fireplace Features
Family Room

Heating and Cooling

Heating Features
Forced Air, In-Floor Heating
Has Fireplace
Yes
Fireplaces
2

Building Details

Construction

Year Built
2024
New Construction
Yes
Foundations
Other

Materials

Roof
Age 8 Years or Less

Terms

Terms

Contingency
None
Cumulative Days On Market
232

Taxes

Tax

Tax (Annual)
$14,117

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
City Sewer/Connected
Water Source
City Water/Connected

Lot

Lot Size
0.16
Lot Dimensions
Irregular

Exterior Features

Exterior Features
Other

Parking

Garage Capacity
2
Parking Features
Attached Garage, Heated Garage, Insulated Garage

Pool Features

Pool Features
Below Ground, Heated
Listed by Coldwell Banker Realty, 6125970424
Listing Data last updated 06/25/2026 11:40 am
Get a Link to this Property: Copy To Clipboard
QR Code link to this property

Phone:
Connect with:

Payment Calculator

per month. fixed. % interest.
$
%
$
%
Principal & Interest
+ Home Insurance
+ Property Tax
+ HOA Fees
per month
Total interest paid over s will be:
All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 25-Jun-2026 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
Get Walk Score Content

Property History

Today
Property information last updated
2 days ago
Status Active. This is the most recent date the listing was placed on market.
Cumulative Days on Market: 234 days (includes prior listings) · Currently listed since June 23, 2026. Data provided by the MLS.

Similar Properties

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.

See EULA

Listing Data last updated: 06/25/2026 11:40 am
Equal Housing Opportunity
Service by Buying Buddy® IDX CRM
Copyright © 2003 - 2026 Buying Buddy. All rights reserved.