Listed at
$1,850,000
$703/sqft

Auditors Sub 135

163 2nd Street, Excelsior, MN, 55331
4  Bedrooms4  Bathrooms2,633  Square Feet0.18  Acres
Days on market37
Year built2026
Garage spaces2
TypeResidential
Est. $52,500buyer credit when you buy with SODL
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About this home

Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka. Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings. The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber. The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own. Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka. More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.

View this property at

Date
Sep 11, 2026
Time
5pm – 11pm
Address
163 2nd Street, Excelsior, MN, 55331

+11 more open house dates

Listed By: eXp Realty • NST7126003 • Source: Property Details provided by NorthstarMLS and may not match the public record.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2026
LevelsOne
Living area2,633 sqft
Above-grade finished1,378 sqft
Below-grade finished1,255 sqft
Lot size0.18 acres (66x124x61x123)
Days on market37
ListedAug 22, 2026
New constructionYes
MLS #NST7126003
CountyHennepin
SubdivisionAuditors Sub 135
Parcel #3411723120175

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Bath breakdown
2 full / 1 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer

Property

Levels / stories
One
Garage
2 spaces · 22x22 · 484 sqft
Parking features
Attached Garage
Patio & porch
Covered, Front Porch
Exterior features
Stone, Engineered Wood, Shakes
Lot size
0.18 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Concrete, Frame
Foundation
Poured Concrete · 1,378 sqft
Roof
Architectural Shingle
Builder
PRICE HOMES

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
200+ Amp Service

Community & HOA

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

Financial & listing details

Annual tax
$9,186 (2026)
Listed
Aug 22, 2026
Days on market
37
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths1
Half baths1
1/4 baths0
BasementFinished, Full
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryElectric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
AppliancesAir-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
DiningKitchen/Dining Room
AmenitiesKitchen Center Island, Kitchen Window, Local Area Network, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Porch, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorStone, Engineered Wood, Shakes
RoofArchitectural Shingle
FoundationPoured Concrete
Foundation area1,378 sqft
Patio/porchCovered, Front Porch
Lot featuresTree Coverage - Light
Road frontageCity Street, Paved Streets
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces2
Garage size484 sqft

Financial details

Annual taxes$9,186
Tax year2026
Taxes w/ assessments9186
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$52,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $52,500

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

$11,105/mo
Principal & interest$9,723
Property taxes$766
Home insurance (est.)$617
%
$370,000
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

163 2nd Street, Excelsior, MN, 55331

Listing information

MLS #NST7126003
StatusActive
Last updatedSep 4, 2026, 3:41 AM
Originally listedAug 22, 2026, 11:36 AM
Listing officeeXp Realty

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.