Just in time for summer! One of the largest units and best locations in the Bay Gables complex this 2 Bed, 2 Bath condominium features Vaulted ceilings, fireplace and beautiful views of Excelsior Bay. Conveniently located within walking distance of all Downtown Excelsior has to offer. Whether you are Enjoying drinks on your balcony, swimming in the heated pool or playing a game of tennis you will never be at loss for something to do. There is a loft area that could be used as a guest room, office or sitting area also separate room just steps down the hall which could be used as the same. Sellers have preliminary architectural drawings for planned remodel. Amenities include outdoor heated pool, tennis court, indoor hot tub & sauna, 2 parking spaces in heated garage & boat slips for additional fee. Convenient access to Hwy-7.
Closed
$1,026,000
603 Lake St UNIT 307, Excelsior, MN 55331
2beds
2,036sqft
Low Rise
Built in 1981
-- sqft lot
$1,196,900 Zestimate®
$504/sqft
$4,745 Estimated rent
Home value
$1,196,900
$1.08M - $1.35M
$4,745/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 04:21am
Listed by:
Grant Johnson, GRI 651-324-3787,
eXp Realty,
Thomas E. Robin 612-251-3333
Bought with:
Joel Hentges
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6485159
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17 x 12
Bedroom 2
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15 x 10
Primary bathroom
- Level: Main
- Area: 65 Square Feet
- Dimensions: 13 x 5
Bonus room
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13 x 12
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15 x 12
Laundry
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10 x 8
Living room
- Level: Main
- Area: 480 Square Feet
- Dimensions: 24 x 20
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,036
- Total interior livable area: 2,036 sqft
- Finished area above ground: 2,036
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Asphalt, Garage Door Opener, Guest, Heated Garage, Insulated Garage, Underground
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Modified Two Story
- Stories: 2
- Patio & porch: Covered, Deck, Screened
- Has private pool: Yes
- Pool features: In Ground, Heated, Outdoor Pool, Shared
- Spa features: Community
- Has view: Yes
- View description: Bay, Lake
- 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
- Features: Near Public Transit, Irregular Lot, Many Trees
Details
- Foundation area: 2036
- Additional parcels included: 3511723220145,3511723220143
- Parcel number: 3511723220074
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: Low Rise
- Attached to another structure: Yes
Materials
- Vinyl Siding
- 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
Location
- Region: Excelsior
- Subdivision: Condo 0344 Excelsior Bay Gables
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,521 monthly
- Amenities included: Boat Dock, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Sauna, Security, Tennis Court(s)
- Services included: Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
- Association name: First Service Residential
- Association phone: 952-277-2700
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6556036 | ||
| 6/24/2024 | Listed for rent | $4,200$2/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6556036 | ||
| 6/24/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 6/6/2024 | Listed for rent | $4,200$2/sqft |
Source: Zillow Rentals | ||
| 3/29/2024 | Sold | $1,026,000+2.6%$504/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6485159 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,401 -5% | $1,036,300 +1.4% |
| 2024 | $14,105 +13.7% | $1,022,300 -7.3% |
| 2023 | $12,402 -0.4% | $1,102,300 +16.2% |
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
$1,196,900
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
$1,196,900