Listed at
$4,195,000
$900/sqft

Seamans Sub Of Lts 7 & 8 Excelsior

254 Lake Street, Excelsior, MN, 55331
4  Bedrooms4  Bathrooms4,661  Square Feet0.16  Acres
Days on market98
Year built2024
Garage spaces2
TypeResidential
Est. $122,850buyer credit when you buy with SODL
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About this home

Completed new construction! Breathtaking Peter Eskuche + Mikan collaboration offering the highest level of finish and stunning lake views throughout! Enjoy the unparalleled architectural details and open flowing floorplan offering walls of windows showcasing views overlooking Excelsior Bay. The main-level features light + bright spaces; gourmet kitchen with high-end appliances, coffee bar, prep area and walk-in pantry. Spacious family room with sliding glass doors that open to the large porch with phantom screens + electronic pergola, dipping pool/hot tub and unmatched water views, creating the perfect blend of indoor + outdoor living! The upper-level offers a loft with built-ins and beverage fridge; bonus room with fireplace + lake views; office area; two guest bedrooms and spacious primary suite with spa-like bathroom (heated floors)! Lower-level featuring unparalleled amenities including the large family room + game area; wet bar with beverage fridges; exercise room; sauna and golf simulator. Extra-deep 2-car garage (heated, sink, water spigot). Ideally located in the heart of Excelsior just steps to shops, restaurants and all the amenities downtown has to offer! Truly a must see!

View this property at

Date
Sep 27, 2026
Time
6pm – 8pm
Address
254 Lake Street, Excelsior, MN, 55331

Listed By: Coldwell Banker Realty • NST7097500 • 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 built2024
LevelsTwo
Living area4,661 sqft
Above-grade finished2,983 sqft
Below-grade finished1,678 sqft
Lot size0.16 acres (Irregular)
Days on market98
ListedJun 23, 2026
New constructionYes
MLS #NST7097500
CountyHennepin
SubdivisionSeamans Sub Of Lts 7 & 8 Excelsior
Parcel #3411723110134

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Bath breakdown
1 full / 2 3/4 / 1 half
Heating
Forced Air, In-Floor Heating
Cooling
Central Air
Appliances
Chandelier, Dishwasher, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer

Property

Levels / stories
Two
Garage
2 spaces
Parking features
Attached Garage, Heated Garage, Insulated Garage
Patio & porch
Covered, Patio, Screened
Exterior features
Other
Pool
Below Ground, Heated

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Other · 1,766 sqft
Roof
Age 8 Years or Less
New construction
Yes
Year built
2024

Utilities

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

Community & HOA

Subdivision
Seamans Sub Of Lts 7 & 8 Excelsior
HOA
No HOA
School district
276 - Minnetonka
High school district
Minnetonka

Financial & listing details

Annual tax
$14,117 (2026)
Listed
Jun 23, 2026
Days on market
98 · 232 cumulative
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths1
3/4 baths2
Half baths1
1/4 baths0
BasementFinished, Full
HeatingForced Air, In-Floor Heating
CoolingCentral Air
Fireplaces2
LaundryUpper Level
AppliancesChandelier, Dishwasher, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
DiningInformal Dining Room
AmenitiesExercise Room, Hardwood Floors, Hot Tub, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Panoramic View, Sauna, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, Primary Bdr Suite

Exterior & lot

ExteriorOther
RoofAge 8 Years or Less
FoundationOther
Foundation area1,766 sqft
Patio/porchCovered, Patio, Screened
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Heated Garage, Insulated Garage
Garage spaces2
Garage size0 sqft

Financial details

Annual taxes$14,117
Tax year2026
Taxes w/ assessments14117
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$122,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $122,850

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

$24,621/mo
Principal & interest$22,047
Property taxes$1,176
Home insurance (est.)$1,398
%
$839,000
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

254 Lake Street, Excelsior, MN, 55331

Listing information

MLS #NST7097500
StatusActive
Last updatedSep 24, 2026, 5:53 PM
Originally listedJun 23, 2026, 7:16 AM
Listing officeColdwell Banker 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.