Welcome to Excelsior! Downtown Excelsior, Minnetonka Lakeshore, INLUDES boat slip 10 feet out your door! Great views of Excelsior Bay. Remodeled, new kitchen and baths. All exterior maintenance included. Along with the lake, enjoy all the amenities of Downtown Excelsior, Beach, Park, shops.
Owner pays trash and water
Sold for $1,350,000
$1,350,000
407 Lake St, Excelsior, MN 55331
2beds
1baths
1,200sqft
Townhouse
Built in 1968
1.05 Acres Lot
$1,374,700 Zestimate®
$1,125/sqft
$1,989 Estimated rent
Home value
$1,374,700
$1.26M - $1.50M
$1,989/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1.5
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Wood
Lot
- Size: 1.05 Acres
Details
- Parcel number: 3411723110091
Construction
Type & style
- Home type: Townhouse
Condition
- Year built: 1968
Community & neighborhood
Location
- Region: Excelsior
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
Other
Other facts
- Balcony
- Cooling System: Air Conditioning
- Garbage included in rent
- Laundry: In Unit
- Parking Type: Garage
- Water included in rent
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2025 | Sold | $1,350,000+170%$1,125/sqft |
Source: Public Record Report a problem | ||
| 8/2/2018 | Sold | $500,000$417/sqft |
Source: Public Record Report a problem | ||
| 4/14/2018 | Listing removed | $2,500$2/sqft |
Source: Ferrell Real Estate Group Report a problem | ||
| 4/11/2018 | Listed for rent | $2,500-7.4%$2/sqft |
Source: Ferrell Real Estate Group Report a problem | ||
| 2/2/2018 | Listing removed | $2,700$2/sqft |
Source: Home Rental Systems, LLC #4884435 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,320 +6.7% | $1,027,500 +1.1% |
| 2024 | $12,486 +6.7% | $1,016,600 +3.2% |
| 2023 | $11,703 +66.3% | $984,800 +8.3% |
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: 2.7 mi
Get a cash offer in 3 minutes
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Estimated market value$1,374,700
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
$1,374,700