Listed at
$1,399,999
$506/sqft

Auditors Sub 240

251 W Lake Street, Excelsior, MN, 55331
4  Bedrooms3  Bathrooms2,769  Square Feet0.38  Acres
Days on market46
Year built1930
Garage spaces2
TypeResidential
Est. $39,000buyer credit when you buy with SODL
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About this home

Well maintained spacious and unique 4-bedroom, 3-bathroom home so close to the lake! A yard your neighbors will be envious of with beautiful mature shade trees. Excellent private deck for sunny days and 4 season porch when the weather is less favorable but you still want to be outside. Three bedrooms located on the Main level for one level living. The main kitchen connects to a large deck overlooking the beautiful back yard allowing for versatile dining and grilling. The main dining room, living room and sun room connect for a combined over 600 square ft of living/entertainment area. OR close off the sun room for a cozy afternoon with a book. The finished lower level provides even more flexible space that can serve as a guest quarters or rent it out if you so wish. The lower level comes with a full eat-in kitchen, living room, spacious bedroom and full bath complete with jacuzzi tub. There is also a bonus room off of the garage you can use for exercise, office, gaming, storage or whatever your heart desires. Central AC is SpacePak high-velocity small-duct system

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1930
LevelsOne
Living area2,769 sqft
Above-grade finished1,466 sqft
Below-grade finished1,303 sqft
Lot size0.38 acres (139 X 139 X 73 X 233)
Days on market46
ListedAug 14, 2026
MLS #NST7127625
CountyHennepin
SubdivisionAuditors Sub 240
Parcel #3411723120043

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
2 full / 1 half
Heating
Boiler
Cooling
Central Air
Appliances
Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One
Garage
2 spaces · 480 sqft
Parking features
Attached Garage
Exterior features
Vinyl
Lot size
0.38 acres
Lot dimensions
139 X 139 X 73 X 233

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,303 sqft
Year built
1930

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Auditors Sub 240
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$12,180 (2026)
Listed
Aug 14, 2026
Days on market
46
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths0
Half baths1
1/4 baths0
BasementWalkout
HeatingBoiler
CoolingCentral Air
Fireplaces1
AppliancesDishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
AmenitiesDeck, Exercise Room, Hardwood Floors, Main Floor Primary Bedroom, Patio
AccessibilityNone

Exterior & lot

ExteriorVinyl
FoundationBlock
Foundation area1,303 sqft
Lot featuresCorner Lot
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces2
Garage size480 sqft

Financial details

Annual taxes$12,180
Tax year2026
Taxes w/ assessments12180
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$39,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $39,000

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

$8,839/mo
Principal & interest$7,358
Property taxes$1,015
Home insurance (est.)$467
%
$280,000
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

251 W Lake Street, Excelsior, MN, 55331

Listing information

MLS #NST7127625
StatusActive
Last updatedSep 20, 2026, 11:49 AM
Originally listedAug 14, 2026, 4:58 PM
Listing officeXpace, LLC

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.