Experience Lake Minnetonka living in this spacious 5-bedroom Excelsior home, just steps from access to Lake Galpin. With over 3,100 finished square feet, this move-in ready property offers exceptional space at a rare price point in this location. Major updates provide peace of mind, including furnace (2023), central air (2023), water heater (2023), kitchen appliances (2021–2022), washer and dryer (2020), and new upper-level carpet (2023). The open-concept main level is ideal for both everyday living and entertaining, featuring hardwood floors and a cozy fireplace that add warmth and character. Outdoor living shines with a recently refinished lower deck and spacious patio — perfect for summer BBQs, gatherings, or relaxing evenings. Enjoy year-round recreation with nearby lake access, then stroll just five minutes to vibrant downtown Excelsior and Lake Minnetonka.
Closed
$425,000
401 Highway 7, Excelsior, MN 55331
5beds
4,200sqft
Single Family
Built in 1900
0.32 Acres Lot
$425,400 Zestimate®
$101/sqft
$6,231 Estimated rent
Home value
$425,400
$396,000 - $455,000
$6,231/mo
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$2,601/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: April 11, 2026 at 07:41pm
Listed by:
Troy Bauer 612-234-1220,
Source One Realty, LLC,
Kate R. Engebritson 612-868-0058
Bought with:
Christopher J Willette
Lakes Sotheby's International Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7020660
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bathroom
- Description: Main Floor 3/4 Bath,Upper Level Full Bath
Dining room
- Description: Separate/Formal Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Central Vacuum, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement
Features
- Central Vacuum
- Basement: Block,Daylight,Drain Tiled,Egress Window(s),Full,Partially Finished,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
- Finished area above ground: 2,800
- Finished area below ground: 378
Property
Parking
- Parking features: Asphalt
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: East, Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 0.32 Acres
- Dimensions: 92' x 140' x 108' x 139'
- Features: Corner Lot, Tree Coverage - Light
Details
- Foundation area: 1400
- Parcel number: 3411723140033
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- 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
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Sold | $425,000$101/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7020660 Report a problem | ||
| 3/13/2026 | Pending sale | $425,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7020660 Report a problem | ||
| 2/13/2026 | Listed for sale | $425,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7020660 Report a problem | ||
| 8/5/2025 | Listing removed | $425,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6716566 Report a problem | ||
| 6/9/2025 | Price change | $425,000-1.2%$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6716566 Report a problem | ||
| 5/9/2025 | Listed for sale | $430,000-13.8%$102/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6716566 Report a problem | ||
| 9/29/2024 | Listing removed | $499,000$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6607830 Report a problem | ||
| 9/26/2024 | Listed for sale | $499,000+22.9%$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6607830 Report a problem | ||
| 9/27/2023 | Sold | $406,000-2.2%$97/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405129 Report a problem | ||
| 8/18/2023 | Pending sale | $415,000$99/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405129 Report a problem | ||
| 7/20/2023 | Price change | $415,000-13.5%$99/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6405129 Report a problem | ||
| 6/8/2023 | Listed for sale | $479,900+10.3%$114/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6358692 Report a problem | ||
| 11/18/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 10/24/2022 | Price change | $434,900-3.3%$104/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 10/10/2022 | Price change | $449,900-4.3%$107/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 10/3/2022 | Price change | $469,900-6%$112/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 9/14/2022 | Listed for sale | $499,900-4.8%$119/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6260283 Report a problem | ||
| 9/13/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 9/8/2022 | Price change | $525,000-4.5%$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/29/2022 | Price change | $549,900-11.3%$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/18/2022 | Price change | $619,900-6.1%$148/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/8/2022 | Price change | $659,900-4.3%$157/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 8/2/2022 | Price change | $689,900-6.8%$164/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6243566 Report a problem | ||
| 6/24/2022 | Price change | $739,900-7.5%$176/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6186907 Report a problem | ||
| 5/20/2022 | Price change | $799,900-5.9%$190/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6186907 Report a problem | ||
| 5/6/2022 | Listed for sale | $849,900$202/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6186907 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,723 -5.5% | $407,700 +3.1% |
| 2024 | $4,997 +7.3% | $395,400 -8.1% |
| 2023 | $4,658 -0.1% | $430,400 +9.8% |
| 2022 | $4,664 +4.5% | $392,000 +9.5% |
| 2021 | $4,463 +11.1% | $358,000 +4.4% |
| 2020 | $4,017 -10% | $343,000 +14.7% |
| 2019 | $4,463 +11.1% | $299,000 +1.7% |
| 2018 | $4,017 +9% | $294,000 +13.5% |
| 2017 | $3,686 +4.6% | $259,000 +1.6% |
| 2016 | $3,525 -0.6% | $255,000 +5.8% |
| 2015 | $3,546 +5% | $241,000 +5.7% |
| 2014 | $3,377 -1.8% | $228,000 -3.8% |
| 2013 | $3,440 -0.6% | $237,000 -4.8% |
| 2012 | $3,462 -1% | $249,000 -3.9% |
| 2011 | $3,496 +3.2% | $259,000 -10.1% |
| 2010 | $3,387 +7.5% | $288,000 -2.4% |
| 2009 | $3,152 +31.3% | $295,000 +16.1% |
| 2006 | $2,401 -1.4% | $254,000 +2.6% |
| 2005 | $2,435 +16.1% | $247,500 +15% |
| 2004 | $2,096 +13.3% | $215,300 +14.3% |
| 2002 | $1,851 -31% | $188,400 |
| 2001 | $2,684 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$425,400
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Estimated market value
$425,400
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 401 Highway 7