Welcome to the stunning 2 story cottage style home nestled a block from the shores of Lake Minnetonka and the charming village of Excelsior. This beautifully remodeled home by Lake Country Builders seamlessly blends modern amenities with classic charm. As you step inside this inviting home you will discover an abundance of natural light flowing through. The main floor features the primary owners suite, a spacious living room with a cozy stone surrounded gas fireplace. The gourmet kitchen boasts sleek counter tops, SS/appliances, and ample cabinet space. This home offers 2 additional bedrooms and bathroom on the upper level along with a large loft/ office space that truly makes this space stand out. As you enter the lower level you enter your private sanctuary where you have a large wet bar which is a great space for entertaining and living room with an additional gas fireplace. The lower level is also home to the large 4th bedroom with private full bath. The backyard leads you to your private studio space with electric heat. With its perfect blend of modern refinement this home is a true gem in the heart of Excelsior. Roof, furnace, AC have all been done in the past 5 years.
Closed
$1,040,000
168 1st St, Excelsior, MN 55331
4beds
3,000sqft
Single Family Residence
Built in 1940
6,098.4 Square Feet Lot
$1,046,500 Zestimate®
$347/sqft
$5,701 Estimated rent
Home value
$1,046,500
$963,000 - $1.14M
$5,701/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 18, 2025 at 12:13pm
Listed by:
Jeffrey A. Schulz 952-253-5600,
RE/MAX Advantage Plus
Bought with:
Jeffrey A. Schulz
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6724413
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 2
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Level: Lower
- Area: 176 Square Feet
- Dimensions: 16x11
Other
- Level: Lower
- Area: 153 Square Feet
- Dimensions: 17x9
Family room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Foyer
- Level: Main
- Area: 262.5 Square Feet
- Dimensions: 21x12.5
Kitchen
- Level: Main
- Area: 399 Square Feet
- Dimensions: 19x21
Living room
- Level: Lower
- Area: 196 Square Feet
- Dimensions: 14x14
Loft
- Level: Upper
- Area: 200 Square Feet
- Dimensions: 20x10
Mud room
- Level: Lower
- Area: 152 Square Feet
- Dimensions: 16x9.5
Heating
- Ductless Mini-Split, Forced Air, Fireplace(s)
Cooling
- Central Air, Ductless Mini-Split
Appliances
- Included: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Features
- Basement: Daylight,Finished,Full
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 1,750
- Finished area below ground: 1,250
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Guest
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 6,098 sqft
- Dimensions: 162 x 40 x 156 x 37
Details
- Additional structures: Studio
- Foundation area: 1250
- Parcel number: 2711723440021
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Engineered Wood
- Roof: Age 8 Years or Less
Condition
- Age of Property: 85
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Auditors Sub 135
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $1,040,000-7.6%$347/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6724413 Report a problem | ||
| 6/12/2025 | Pending sale | $1,125,000$375/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6724413 Report a problem | ||
| 6/4/2025 | Listing removed | $1,125,000$375/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6724413 Report a problem | ||
| 5/20/2025 | Price change | $1,125,000-1.7%$375/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6724413 Report a problem | ||
| 4/30/2025 | Price change | $1,145,000-11.6%$382/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6691752 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,110 +21.5% | $1,081,400 +1.8% |
| 2024 | $11,617 +10.5% | $1,062,600 +16.6% |
| 2023 | $10,510 -2.9% | $911,500 +12% |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value$1,046,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,046,500