Listed at
$574,900

Auditors Sub 135

111 1st Street, Excelsior, MN, 55331
3  Bedrooms2  Bathrooms0.06  Acres
Days on market39
Year built1915
ParkingGravel
TypeResidential
Est. $14,247buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities. Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. Bring your builder, your vision, and create something exceptional in Excelsior.

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1915
LevelsTwo
Living area0 sqft
Above-grade finished0 sqft
Below-grade finished0 sqft
Lot size0.06 acres (75x36x75x36)
Days on market39
ListedAug 17, 2026
MLS #NST7122163
CountyHennepin
SubdivisionAuditors Sub 135
Parcel #2711723430002

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
2 full
Heating
None
Cooling
None
Basement
Full · 0 sqft finished

Property

Levels / stories
Two
Garage
0
Parking features
Gravel, Asphalt, Driveway - Other Surface
Exterior features
Shakes
Pool
None
Lot size
0.06 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 733 sqft
Roof
Asphalt, Pitched
Year built
1915

Utilities

Water
City Water - In Street
Sewer
City Sewer - In Street
Fuel
Natural Gas

Community & HOA

Subdivision
Auditors Sub 135
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$5,631 (2026)
Listed
Aug 17, 2026
Days on market
39
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths2
3/4 baths0
Half baths0
1/4 baths0
BasementFull
HeatingNone
CoolingNone
AccessibilityNone

Exterior & lot

ExteriorShakes
RoofAsphalt, Pitched
FoundationBlock
Foundation area733 sqft
Road frontageCurbs, Paved Streets, Sidewalks, Storm Sewer
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water - In Street
SewerCity Sewer - In Street
FuelNatural Gas

Parking & garage

ParkingGravel, Asphalt, Driveway - Other Surface
Garage spaces0
Garage size0 sqft

Financial details

Annual taxes$5,631
Tax year2026
Taxes w/ assessments5631
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$14,247Estimated buyer credit
SODL platform fee $3,000Your buyer credit $14,247

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,682/mo
Principal & interest$3,021
Property taxes$469
Home insurance (est.)$192
%
$114,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

111 1st Street, Excelsior, MN, 55331

Listing information

MLS #NST7122163
StatusActive
Last updatedSep 26, 2026, 10:11 AM
Originally listedAug 21, 2026, 12:00 AM
Listing officeCompass

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.