
Zims Add
About this home
Main floor living in Excelsior with private water views! Fully remodeled to the studs in 2020/2021 and re-crafted with a nod to its midcentury heritage while adding all the necessary spaces and amenities for today's living. Open Kitchen with large island and a built in bistro bench offers fabulous views of the lake and graciously welcomes the the sunlight thru its large lakeside windows. 2 bedrooms & 2 bathrooms on main including a true primary suite boasting; dual sinks, large shower, walk in closet and a screen porch. A 2nd large bedroom on main offers flexible space for lakeside bedroom/office/den with a 2nd full bath & laundry rounding out the main level. In the full walk out lower level you'll find 2 bedrooms and refreshed 3/4 bath giving room for guests who will all want to visit your new home in Excelsior - as well as a family room and a flex/exercise room! New deck and circle concrete driveway as well as all new windows, roof, gutters, siding & landscaping make this a truly turn key offering all an easy walk into the Village and all it has to offer. The perfect size with thoughtful layout and touches - this home punches above it's weight with spaces, finishes and location.
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Home facts
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Bath breakdown
- 1 full / 2 3/4
- Heating
- Forced Air, In-Floor Heating
- Cooling
- Central Air
- Appliances
- Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Property
- Levels / stories
- One
- Garage
- 1 space · 20 x 11 · 286 sqft
- Parking features
- Attached Garage, Concrete, Insulated Garage
- Patio & porch
- Composite Decking, Deck, Patio, Rear Porch, Screened
- View
- South, West
- Waterfront
- Lake Front, Lake View
Construction
- Property type
- Residential
- Property subtype
- Single Family Residence
- Construction materials
- Block
- Foundation
- 1,202 sqft
- Roof
- Age 8 Years or Less, Asphalt
- Year built
- 1957
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- 200+ Amp Service
Community & HOA
- Subdivision
- Zims Add
- HOA
- No HOA
- School district
- Minnetonka
Financial & listing details
- Annual tax
- $7,073 (2025)
- Tax with assessments
- 7329
- Listed
- Feb 26, 2026
- Days on market
- 4
- 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
516 Grace 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.
