$2,495,000
138 2nd Street
Excelsior, MN 55331
MLS# 7046880
5 beds  |  5 baths  |  4729 sqft


Rendering - 138 2nd Street
  1 / 20  
Rendering - 138 2nd Street Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Photo of previously built home Excelsior Commons Excelsior Commons Excelsior Commons Excelsior Commons Photo 19 Photo 20

Property Description
This to-be-built custom home by Zehnder Homes offers an exceptional opportunity to create a truly personalized luxury residence just two blocks from both Excelsior Commons and the charm of Water Street. Set on an 88' wide lot, this rare walkout lot provides the perfect setting for your dream home. Enjoy walkable access to Lake Minnetonka, local dining, shops, and year-round community events all from one of the most sought-after locations in the west metro. Designed with over 4,500 finished square feet, this five-bedroom, five-bath home will showcase the elevated craftsmanship and thoughtful design Zehnder Homes is known for. The open-concept main level is planned for both everyday living and effortless entertaining, featuring expansive living spaces, a gourmet kitchen with high-end appliances, custom cabinetry, and a generous butler's pantry. Upstairs, a luxurious primary suite will offer a spa-inspired bath and oversized walk-in closet, complemented by well appointed secondary bedrooms and convenient upper-level laundry. The walkout lower level provides additional living and entertaining space, featuring a recreation area, bar, and fitness room, all tailored to your lifestyle. With ample opportunity to collaborate on final plans, selections, and finishes, this home presents a unique chance to bring your vision to life in an unbeatable Excelsior location.

Details
Maps
Contract Information
Owner is an Agent?: Yes
Auction?: No
Status: Active
Contingency: None
Current Price: $2,495,000
Original List Price: 2495000
ListPrice: 2495000
List Date: 2026-04-01
Office/Member Info
Association: MAAR
General Property Information
Common Wall: No
Lot Measurement: Square Feet
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront YN: No
Year Built: 2026
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 88x100
Bath Three Quarters: 2
Bath Half: 1
Bath Quarter: 0
Main Floor Total SqFt: 1379
Above Grd Total SqFt: 3348
Below Grd Total SqFt: 1381
Total SqFt: 4729
Total Finished Sqft: 4527.00
FireplaceYN: Yes
Foundation Size: 1379
Lot Size SqFt: 8798
Style: (SF) Single Family
Garage Stalls: 3
Power Company: Xcel Energy
Association Fee: 0
Assessment Pending: No
Bedrooms: 5
Baths Total: 5
Bath Full: 2
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 004 SHELDONS ADDN TO EXCELSIOR
Listing City: Excelsior
Map Page: 117
Municipality: Excelsior
School District: Minnetonka
School District Phone: 952-401-5000
Zip Plus 4: 4569
Property ID Number: 3411723120095
Tax Year: 2026
Tax Amount: 9363.21
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: This to-be-built custom home by Zehnder Homes offers an exceptional opportunity to create a truly personalized luxury residence just two blocks from both Excelsior Commons and the charm of Water Street. Set on an 88' wide lot, this rare walkout lot provides the perfect setting for your dream home. Enjoy walkable access to Lake Minnetonka, local dining, shops, and year-round community events all from one of the most sought-after locations in the west metro. Designed with over 4,500 finished square feet, this five-bedroom, five-bath home will showcase the elevated craftsmanship and thoughtful design Zehnder Homes is known for. The open-concept main level is planned for both everyday living and effortless entertaining, featuring expansive living spaces, a gourmet kitchen with high-end appliances, custom cabinetry, and a generous butler's pantry. Upstairs, a luxurious primary suite will offer a spa-inspired bath and oversized walk-in closet, complemented by well appointed secondary bedrooms and convenient upper-level laundry. The walkout lower level provides additional living and entertaining space, featuring a recreation area, bar, and fitness room, all tailored to your lifestyle. With ample opportunity to collaborate on final plans, selections, and finishes, this home presents a unique chance to bring your vision to life in an unbeatable Excelsior location.
Directions: From Hwy 7, take 2nd exit, house is on left.
Accessible
None: 1
Air Conditioning
Central Air: 1
Zoned: 1
Amenities Unit
Cable: 1
Deck: 1
Ethernet Wired: 1
Exercise Room: 1
French Doors: 1
Hardwood Floors: 1
In-Ground Sprinkler: 1
Kitchen Center Island: 1
Local Area Network: 1
Multiple Phone Lines: 1
Natural Woodwork: 1
Paneled Doors: 1
Patio: 1
Porch: 1
Primary Bedroom Walk-In Closet: 1
Sun Room: 1
Tile Floors: 1
Vaulted Ceiling(s): 1
Walk-In Closet: 1
Wet Bar: 1
Appliances
Air-To-Air Exchanger: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Double Oven: 1
Dryer: 1
Energy Star Appliances: 1
Freezer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Filtration System: 1
Wine Cooler: 1
Assessments
Assessment Balance: 75.81
Tax With Assessments: 9439.02
Assumable Loan
Not Assumable: 1
Basement
Drain Tiled: 1
Full: 1
Sump Pump: 1
Tile Shower: 1
Bath Description
Double Sink: 1
Full Jack & Jill: 1
His and Her Closets: 1
Main Floor 1/2 Bath: 1
Upper Level 3/4 Bath: 1
Upper Level Full Bath: 1
Full Primary: 1
Private Primary: 1
3/4 Basement: 1
Bathroom Ensuite: 1
Separate Tub & Shower: 1
Builder Information
Builder ID: ZEHNDER HOMES INCORPORATED
Builder License Number: 582356
Builder Name: ZEHNDER HOMES INCORPORATED
Builders Association of the Twin Cities: 1
Building Information
Finished SqFt Above Ground: 3348
Finished SqFt Below Ground: 1179
Construction Materials
Concrete: 1
Frame: 1
Construction Status
To Be Built/Floor Plan: 1
Dining Room Description
Eat In Kitchen: 1
Informal Dining Room: 1
Kitchen/Dining Room: 1
Electric
200+ Amp Service: 1
Circuit Breakers: 1
Existing Financing
Other: 1
Exterior
Brick/Stone: 1
Cement Board: 1
Shakes: 1
Family Room Characteristics
2 or More: 1
Entertainment/Media Center: 1
Family Room: 1
Great Room: 1
Loft: 1
Lower Level: 1
Main Level: 1
Fencing
None: 1
Fireplace Characteristics
Gas Burning: 1
Living Room: 1
Fuel
Natural Gas: 1
Green Energy Efficient
Appliances: 1
Construction: 1
Doors: 1
HVAC: 1
Insulation: 1
Lighting: 1
Thermostat: 1
Water Heater: 1
Windows: 1
Green Indoor Air Quality
Passive Radon Mitigation System: 1
Ventilation: 1
Green Sustainability
Recycled Materials: 1
Renewable Materials: 1
Green Verification
Green Verification Type: ENERGY STAR Certified Homes
Verification Source: Program Verifier
Green Verification 2
Green Verification Type: GreenStar Homes Certification
Verification Source: Program Verifier
Green Verification 3
Green Verification Type: Home Energy Rating System
Verification Source: Program Verifier
Green Verification 4
Green Verification Type: Home Energy Score
Verification Source: Program Verifier
Heating
Forced Air: 1
Humidifier: 1
In-Floor Heating: 1
Zoned: 1
Insurance Fee
Insurance Fee: 0
Internet Options
Cable: 1
Laundry
Electric Dryer Hookup: 1
Laundry Room: 1
Sink: 1
Upper Level: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Lot Description
Public Transit (w/in 6 blks): 1
Sod Included in Price: 1
Tree Coverage - Medium: 1
Underground Utilities: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Finished Garage: 1
Garage Dimensions: 30x22
Garage Door Height: 8
Garage Door Width: 8
Garage Square Feet: 680
Floor Drain: 1
Garage Door Opener: 1
Heated Garage: 1
Insulated Garage: 1
Patio, Porch and Deck Features
Enclosed: 1
Front Porch: 1
Patio: 1
Porch: 1
Screened: 1
Pool Description
None: 1
Public Survey Info
Range#: 23
Section#: 34
Township#: 117
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Storm Sewer: 1
Street Lights: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age 8 Years or Less: 1
Architectural Shingle: 1
Asphalt Shingles: 1
Pitched: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Special Search
2nd Floor Laundry: 1
4 BR on One Level: 1
Primary Bdr Suite: 1
Stories
Two: 1
Water
Well: 1
Location Tax and Other Information
House Number: 138
Street Name: 2nd
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Sheldons Add To Excelsior
Property Features
Accessible: None
Air Conditioning: Central Air; Zoned
Amenities Unit: Cable; Deck; Ethernet Wired; Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Local Area Network; Multiple Phone Lines; Natural Woodwork; Paneled Doors; Patio; Porch; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Wet Bar
Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Energy Star Appliances; Freezer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Wine Cooler
Assumable Loan: Not Assumable
Basement: Drain Tiled; Full; Sump Pump; Tile Shower
Bath Description: Double Sink; Full Jack & Jill; His and Her Closets; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower
Builder Information: Builders Association of the Twin Cities
Construction Materials: Concrete; Frame
Construction Status: To Be Built/Floor Plan
Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room
Electric: 200+ Amp Service; Circuit Breakers
Existing Financing: Other
Exterior: Brick/Stone; Cement Board; Shakes
Family Room Characteristics: 2 or More; Entertainment/Media Center; Family Room; Great Room; Loft; Lower Level; Main Level
Fencing: None
Fireplace Characteristics: Gas Burning; Living Room
Fuel: Natural Gas
Green Energy Efficient: Appliances; Construction; Doors; HVAC; Insulation; Lighting; Thermostat; Water Heater; Windows
Green Indoor Air Quality: Passive Radon Mitigation System; Ventilation
Green Sustainability: Recycled Materials; Renewable Materials
Heating: Forced Air; Humidifier; In-Floor Heating; Zoned
Internet Options: Cable
Laundry: Electric Dryer Hookup; Laundry Room; Sink; Upper Level
Lock Box Type: Combo
Lot Description: Public Transit (w/in 6 blks); Sod Included in Price; Tree Coverage - Medium; Underground Utilities
Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage
Pool Description: None
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles; Pitched
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: 2nd Floor Laundry; 4 BR on One Level; Primary Bdr Suite
Stories: Two
Water: Well
Room Information
Room Name Dimensions Level
Bar/Wet Bar Room13x10Lower
Dining Room15x12Main
Exercise Room17x10Lower
Family Room29x16Lower
Fifth (5th) Bedroom12x12Lower
First (1st) Bedroom18x14Upper
Fourth (4th) Bedroom14x12Upper
Great Room20x18Main
Kitchen14x14Main
Loft12x10Lower
Office10x10Main
Second (2nd) Bedroom14x12Upper
Third (3rd) Bedroom14x13Upper

IDX
Listing Office: RE/MAX Results

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.