Sold / Closed
$975,000

Sold price · Closed Aug 14, 2026

$689/sqft

Condo 0344 Excelsior Bay Gables

603 Lake Street #215, Excelsior, MN, 55331
2  Bedrooms2  Bathrooms1,669  Square Feet0.038  Acres
Days on market17
Year built1981
Garage spaces2
HOA / month$1,484.76
TypeResidential
Est. $31,500buyer credit when you buy with SODL

About this home

Effortless lake living! Amazing front unit (closest to the lake) at sought-after Excelsior Bay Gables featuring breath-taking panoramic views of Lake Minnetonka's Excelsior Bay! The primary suite and second bedroom/den bookend this naturally sun-filled unit. View the lake from almost every single window or patio door in this stunning condo. This might be the very best view in the whole complex! Enjoy a covered wrap-around maintenance free balcony that takes full advantage of the lake views and surrounding natural beauty. The bonus room across the hall can be used as an office or additional storage. HOA amenities include a heated swimming pool, tennis courts, year-round hot tub and sauna facilities, fitness center, private docks with boat slip rentals available ($1244/season), meticulously maintained outdoor common areas, and 2 secure underground heated garage parking stalls (#20 & #21). EZ walk to everything Historic Excelsior has to offer-charming shops, many excellent restaurants and beautiful Commons Park with 2 beaches, lighted softball field and bandshell. Take the sidewalk from the parking lot just 2 blocks east and jump on the LRT trail to walk/bike almost anywhere. Whether you are enjoying drinks on your balcony, walking to your favorite restaurant, swimming in the heated pool, playing a game of tennis or taking your boat out on the lake, you will never be at loss for something to do!

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Home facts

Property typeResidential
Property subtype(CC) Low Rise (3- Levels)
Year built1981
LevelsOne
Living area1,669 sqft
Above-grade finished1,669 sqft
Below-grade finished0 sqft
Lot size0.038 acres (COMMON)
Days on market17
ListedJul 15, 2026
MLS #NST7099377
CountyHennepin
SubdivisionCondo 0344 Excelsior Bay Gables
Parcel #3511723220064

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Baseboard, Boiler, Hot Water
Cooling
Central Air
Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One
Garage
2 spaces · 400 sqft
Parking features
Assigned, Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Multiple Garages, Parking Lot, Paved Lot, Underground
Patio & porch
Composite Decking, Covered, Deck, Front Porch, Wrap Around
Exterior features
Cement Board
Pool
Below Ground, Heated, Outdoor, Shared

Construction

Property type
Residential
Property subtype
(CC) Low Rise (3- Levels)
Construction materials
Block, Frame
Foundation
Block · 1,669 sqft
Year built
1981

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Condo 0344 Excelsior Bay Gables
HOA
$1,484.76/month
HOA name
Hegenes Properties
HOA phone
9526410138
HOA includes
Beach Access, Building Exterior, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Sanitation, Security System, Sewer, Shared Amenities, Snow Removal, Water
HOA amenities
Boat Slip, Car Wash, Dock, Elevator(s), Fire Sprinkler System, Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Other, Patio, Sauna, Security Building, Tennis Courts

Financial & listing details

Annual tax
$13,049.48 (2026)
Tax with assessments
13173.58
Listed
Jul 15, 2026
Days on market
17
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Storage/Locker, Storage Space
HeatingBaseboard, Boiler, Hot Water
CoolingCentral Air
Fireplaces1
LaundryLaundry Room, Main Level, In Unit, Washer Hookup
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Washer
DiningEat In Kitchen, Informal Dining Room, Kitchen/Dining Room
AmenitiesBalcony, Cable, Deck, Hardwood Floors, Kitchen Window, Local Area Network, Main Floor Primary Bedroom, Natural Woodwork, Porch, Panoramic View, Security System, Washer/Dryer Hookup, Walk-In Closet
AccessibilityAccessible Elevator Installed
Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorCement Board
FoundationBlock
Foundation area1,669 sqft
Patio/porchComposite Decking, Covered, Deck, Front Porch, Wrap Around
Lot featuresAccessible Shoreline, Public Transit (w/in 6 blks), Tree Coverage - Medium, Underground Utilities
Road frontageCity Street, Paved Streets, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAssigned, Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Multiple Garages, Parking Lot, Paved Lot, Underground
Garage spaces2
Garage size400 sqft

Financial details

Annual taxes$13,049.48
Tax year2026
Taxes w/ assessments13173.58
Assessment pendingUnknown
HOA fee$1,484.76
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District276 - Minnetonka
District number276
District phone9524015000
High schoolMinnetonka
SODL flat fee brokerage
$31,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $31,500

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

$8,999/mo
Principal & interest$6,044
Property taxes$1,087
Home insurance (est.)$383
HOA fees$1,485
%
$230,000
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

603 Lake Street #215, Excelsior, MN, 55331

Listing information

MLS #NST7099377
StatusClosed
Last updatedAug 14, 2026, 8:31 PM
Originally listedJul 16, 2026, 12:00 AM
Listing officeEdina Realty, Inc.

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.