Auditors Sub 135
About this home
Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system. The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior. For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite. Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.
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Home facts
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Bath breakdown
- 1 full
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Property
- Levels / stories
- One
- Parking features
- On-Street Parking Only
- Pool
- None
- Lot size
- 0.12 acres
- Lot dimensions
- 37.5x132x39x132
- Lot features
- Public Transit (w/in 6 blks), Tree Coverage - Light
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Block, Frame
- Foundation
- 741 sqft
- Roof
- Asphalt, Pitched
- Year built
- 1915
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
Community & HOA
- Subdivision
- Auditors Sub 135
- HOA
- No HOA
- School district
- Minnetonka
Financial & listing details
- Annual tax
- $7,463 (2026)
- Listed
- Mar 19, 2026
- Days on market
- 3
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
147 1st Street, Excelsior, MN, 55331
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Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
