ENJOY carefree living on Lake Minnetonka in an Excelsior Bay Gables condo. Rare 3rd floor B unit with loft, panoramic lake views, outdoor pool, tennis court, exercise room has whirlpool and sauna - boat slip through the association – 2 garage spaces in secure underground parking too. Plus, includes an annex room across the hall for extra storage and makes a great den/office. EZ walk to everything Historic Excelsior has to offer – shops, dining, grocery store, library and the Excelsior Commons with all its year- round activities/festivals. EZ to show, See it soon you will be glad you did... - Read AGENT remarks regarding showings, additional information and the Association documents.
Closed
$960,000
603 Lake St UNIT 308, Excelsior, MN 55331
2beds
1,770sqft
Low Rise
Built in 1981
-- sqft lot
$1,030,600 Zestimate®
$542/sqft
$4,011 Estimated rent
Home value
$1,030,600
$917,000 - $1.16M
$4,011/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 02:15am
Listed by:
Joel Hentges 612-237-3271,
RE/MAX Advantage Plus
Bought with:
Gary Petersen
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6380919
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 187.2 Square Feet
- Dimensions: 15.6 x 12
Bedroom 2
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16 x 11
Den
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14 x 9
Dining room
- Level: Main
- Area: 86 Square Feet
- Dimensions: 10 x 8.6
Kitchen
- Level: Main
- Area: 96 Square Feet
- Dimensions: 10 x 9.6
Living room
- Level: Main
- Area: 432 Square Feet
- Dimensions: 24 x 18
Loft
- Level: Upper
- Area: 131.4 Square Feet
- Dimensions: 14.6 x 9
Heating
- Hot Water
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,770
- Total interior livable area: 1,770 sqft
- Finished area above ground: 1,770
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
- Parking features: Underground
- Garage spaces: 2
- Uncovered spaces: 10
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has private pool: Yes
- Pool features: In Ground, Heated
- Spa features: Community
- Has view: Yes
- View description: Panoramic
- Waterfront features: Lake Front, Waterfront Elevation(0-4), Waterfront Num(27013300), Lake Acres(14729), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 4.64 Acres
Details
- Foundation area: 1
- Additional parcels included: 3511723220150,3511723220153
- Parcel number: 3511723220075
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: Low Rise
- Attached to another structure: Yes
Materials
- Fiber Cement
Condition
- Age of Property: 44
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Excelsior Gables
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,235 monthly
- Amenities included: Car Wash, Boat Dock, Elevator(s), 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, Shared Amenities, Snow Removal, Water
- Association name: 1st Service
- Association phone: 952-405-0386
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2023 | Sold | $960,000-1.5%$542/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6380919 | ||
| 8/6/2023 | Pending sale | $975,000$551/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6380919 | ||
| 6/16/2023 | Listed for sale | $975,000+635.8%$551/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6380919 | ||
| 10/5/1999 | Sold | $132,500$75/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,521 -4.5% | $931,300 -0.5% |
| 2024 | $11,022 +13.2% | $935,600 -7.2% |
| 2023 | $9,737 -3.5% | $1,007,900 +16% |
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
$1,030,600
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
$1,030,600