Enjoy condo living in picturesque downtown Excelsior. This stunning corner unit condo offers main level living with breathtaking, panoramic Lake views, spectacular amenities, and a great location within walking distance of the Port of Excelsior and many shops and restaurants. Enjoy 2 bedrooms, 2 bathrooms, a spacious walk-in closet, and main-floor laundry. Walk out onto a private patio with ample lake views. The updated kitchen features an eat-in area, newer appliances, Corian countertops, an ice maker, a large center island, and a quaint window seat. Wood floors, wood shutters, a cozy wood-burning fireplace, and fresh paint make this home move-in ready. The bonus room across the hall can be used as an office, guest room, storage, or anything you imagine. Amenities include a parking garage with 2 designated spots, a dock, boat slip, tennis courts, heated pool, sauna, hot tub, workout room, and beautiful outdoor spaces.
Closed
$1,200,000
603 Lake St UNIT 118, Excelsior, MN 55331
2beds
1,932sqft
Low Rise
Built in 1981
-- sqft lot
$1,227,000 Zestimate®
$621/sqft
$4,751 Estimated rent
Home value
$1,227,000
$1.12M - $1.35M
$4,751/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 05:00am
Listed by:
Margaret P Trenary 612-554-0902,
Trenary Realty Group
Bought with:
Jeffrey J Dewing
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6535255
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 187 Square Feet
- Dimensions: 11 x 17
Bedroom 2
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12 x 15
Bathroom
- Level: Main
- Area: 84 Square Feet
- Dimensions: 14 x 6
Bathroom
- Level: Main
- Area: 54 Square Feet
- Dimensions: 9 x 6
Bonus room
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14 x 9
Den
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10 x 14
Dining room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Kitchen
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12 x 13
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 12 x 6
Living room
- Level: Main
- Area: 437 Square Feet
- Dimensions: 23 x 19
Walk in closet
- Level: Main
- Area: 54 Square Feet
- Dimensions: 9 x 6
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Other, Range, Refrigerator, Washer
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,932
- Total interior livable area: 1,932 sqft
- Finished area above ground: 1,932
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Garage Door Opener, Guest, Heated Garage, Underground
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has private pool: Yes
- Pool features: In Ground, Heated, Shared
- Spa features: Community
- Has view: Yes
- View description: Bay, Lake, Panoramic
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Association Access, Dock, Lake Front, Lake View, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 1,742 sqft
Details
- Foundation area: 1932
- Parcel number: 3511723220049
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: Low Rise
- Attached to another structure: Yes
Materials
- Fiber Cement
- Roof: Age Over 8 Years,Asphalt
Condition
- Age of Property: 44
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Security Lights
Location
- Region: Excelsior
- Subdivision: Condo 0344 Excelsior Bay Gables
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,310 monthly
- Amenities included: Boat Slip, Boat Dock, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Sauna, Security, Security Lighting, Tennis Court(s)
- Services included: Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
- Association name: First Service Residential
- Association phone: 952-277-2700
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2024 | Sold | $1,200,000$621/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6535255 | ||
| 5/17/2024 | Pending sale | $1,200,000+306.8%$621/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6535255 | ||
| 5/7/1997 | Sold | $295,000$153/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,856 -4.6% | $1,062,200 +2% |
| 2024 | $12,423 +13.8% | $1,041,100 -6.4% |
| 2023 | $10,918 -4.1% | $1,112,000 +15.5% |
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: 2.6 mi
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Estimated market value
$1,227,000
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
$1,227,000