Listed at
$3,565,000
$701/sqft

Slocums Rgt Of Manitou Forest

165 Mound Avenue, Excelsior, MN, 55331
5  Bedrooms5  Bathrooms5,088  Square Feet0.36  Acres
Days on market229
Year built2021
Garage spaces3
TypeResidential
Est. $103,950buyer credit when you buy with SODL
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About this home

Like-new construction on Lake Minnetonka, only better! This exceptional 2021 custom-built luxury home is set on sought after Gideon Bay with 51 feet of sandy, level shoreline, a private beach, and panoramic lake views. Situated on an extra deep lot just minutes from downtown Excelsior, this property offers the rare combination of privacy, walkability, and premier lakeside living. Designated for both everyday living and entertaining, the home features a chef's kitchen with a 10-foot island, Thermador 8-burner gas/induction range, and a fully equipped back prep kitchen. The stunning primary suite captures sweeping lake views and includes a spa-like bath and oversized walk-in closet. Four bedrooms are located on the upper level, plus a private guest suite above the garage with its own entrance, kitchenette, and full bath, ideal for visitors, au pair, or multigenerational living. The walkout lower level is an entertainer's dream with a wine room, theater, exercise room, family room, guest bedroom, and a full bar with ice-maker and pass-through window to the patio bar, perfect for summer gatherings. The heated, lift-ready garage accommodates two vehicle lifts and is wired for supplemental heat. Enjoy front-row views of Excelsior's fireworks, quick access to Lake Minnetonka by boat, and proximity to restaurants, trails, and boutique shopping by land. This turn-key waterfront retreat is ideal for year-round living or as a premier summer lake home.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2021
LevelsTwo
Living area5,088 sqft
Above-grade finished3,788 sqft
Below-grade finished1,300 sqft
Lot size0.36 acres (51x305x56x320)
Days on market229
ListedFeb 4, 2026
MLS #NST6823642
CountyHennepin
SubdivisionSlocums Rgt Of Manitou Forest
Parcel #2811723430053

Facts & features

Interior

Bedrooms
5
Bathrooms
5
Bath breakdown
3 full / 1 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned

Property

Levels / stories
Two
Garage
3 spaces · 22x40 · 800 sqft
Parking features
Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tuckunder Garage
Patio & porch
Composite Decking, Deck, Rear Porch
Pool
None
View
East, Panoramic

Construction

Property type
Residential
Property subtype
Single Family
Foundation
1,500 sqft
Roof
Age 8 Years or Less, Asphalt, Metal, Pitched
Year built
2021

Utilities

Water
City Water - In Street
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Slocums Rgt Of Manitou Forest
HOA
No HOA
School district
Minnetonka

Financial & listing details

Annual tax
$44,875 (2025)
Listed
Feb 4, 2026
Days on market
229 · 146 cumulative
Manufactured home
Yes

Interior details

Total bathrooms5
Full baths3
3/4 baths1
Half baths1
1/4 baths0
BasementEgress Window(s), Finished, Full, Walkout
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryLaundry Room, Upper Level
AppliancesAir-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned
DiningKitchen/Dining Room
AmenitiesCeiling Fan(s), Dock, Exercise Room, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Paneled Doors, Panoramic View, Security System, Boat Slip, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special features2nd Floor Laundry, 4 BR on One Level, Primary Bdr Suite

Exterior & lot

RoofAge 8 Years or Less, Asphalt, Metal, Pitched
Foundation area1,500 sqft
Patio/porchComposite Decking, Deck, Rear Porch
Lot featuresAccessible Shoreline, Tree Coverage - Medium
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningShoreline,Residential-Single Family

Utilities

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

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tuckunder Garage
Garage spaces3
Garage size800 sqft

Financial details

Annual taxes$44,875
Tax year2025
Taxes w/ assessments44875
Assessment pendingUnknown
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1246
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$103,950Estimated buyer credit
SODL platform fee $3,000Your buyer credit $103,950

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

$23,664/mo
Principal & interest$18,736
Property taxes$3,740
Home insurance (est.)$1,188
%
$713,000
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

165 Mound Avenue, Excelsior, MN, 55331

Listing information

MLS #NST6823642
StatusActive
Last updatedMar 27, 2026, 4:31 PM
Originally listedFeb 12, 2026, 12:00 AM
Listing officeRE/MAX Results

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.