$3,175,000
Excelsior, MN 55331
MLS# 6748408
Status: Closed
4 beds | 3 baths | 3505 sqft

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Property Description
Beautifully updated home on premier “A”-rated Gideon Bay of Lake Minnetonka with 60 feet of prime, south-facing shoreline and unobstructed lake views. Enjoy level, walk-out access to the water and abundant natural light throughout, thanks to all of the expansive windows. Renovated by Revision by Stonewood in 2018 and meticulously maintained, this home blends timeless charm with modern updates. The upper level features the primary suite with private bathroom, three bedrooms and an additional bathroom. The main level includes a flexible office or fifth bedroom, laundry/mudroom, and a full bathroom. The unfinished lower level offers ample storage. Outdoor and storage needs are met with both an attached 2-car garage and a large detached 26' x 27' 2-car garage—perfect for boats, lake toys, or extra vehicles. Newly built in 2022, the guest cottage provides an additional 226 sqft of living space for visitors, a home office, or creative pursuits. Enjoy dining and relaxing outdoors on the spacious lakeside patio that was updated in 2021. Located minutes from downtown Excelsior, Orono, Wayzata, and Chanhassen and within the award-winning Minnetonka School District. An exceptional opportunity to own a turnkey lakefront property in one of Lake Minnetonka’s most desirable locations.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-08-03
Contingency: None
Current Price: $3,175,000
Closed Date: 2025-08-22
Original List Price: 3300000
Sales Close Price: 3175000
ListPrice: 3300000
List Date: 2025-07-19
Office/Member Info
Association: MAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Road Btwn WF & Home?: No
Waterfront Frontage: 60
Waterfront Present: Yes
Year Built: 1990
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: irregular
Acres: 0.31
Bath Three Quarters: 2
Bath Half: 0
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 1175
Above Grd Total SqFt: 2440
Below Grd Total SqFt: 1065
Total Finished Sqft: 2440.00
FireplaceYN: Yes
Foundation Size: 1065
Style: (SF) Single Family
Garage Stalls: 4
Power Company: Xcel Energy
Association Fee: 0
Bedrooms: 4
Baths Total: 3
Bath Full: 1
Total SqFt: 3505
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: MINNETONKA LAKE PARK LOT 79 MINNETONKA LAKE PARK INCL ADJ 1/2 OF VAC OKATA CT ALSO THAT PART OF UNNUMBERED BLK IN MINNETONKA LAKE PARK DESC AS FOL BEG AT PT OF INTER- SECTION OF N LINE OF MINNEKAMIN AVE AND W LINE OF GLADE AVE IN SAID PARK TH W ALONG SAID N LINE DIS 45 FT TH NLY ALONG A LINE DRAWN AT RT ANGLES TO N LINE OF MINNEKAMIN AVE TO S LINE OF OKATA CT TH ELY ALONG SAID S LINE TO W LINE OF GLADE AVE TH SLY ALONG SAID W LINE TO BEG INCL ADJ 1/2 OF VAC OKATA CT AND INCL ADJ VAC MINNE- KAMIN AVE EXCEPT PART TAKEN FOR LAKEVIEW AVE
Map Page: 117
Municipality: Tonka Bay
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 9549
Property ID Number: 2711723230123
Tax Year: 2025
Tax Amount: 26505
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Beautifully updated home on premier “A”-rated Gideon Bay of Lake Minnetonka with 60 feet of prime, south-facing shoreline and unobstructed lake views. Enjoy level, walk-out access to the water and abundant natural light throughout, thanks to all of the expansive windows. Renovated by Revision by Stonewood in 2018 and meticulously maintained, this home blends timeless charm with modern updates. The upper level features the primary suite with private bathroom, three bedrooms and an additional bathroom. The main level includes a flexible office or fifth bedroom, laundry/mudroom, and a full bathroom. The unfinished lower level offers ample storage. Outdoor and storage needs are met with both an attached 2-car garage and a large detached 26' x 27' 2-car garage—perfect for boats, lake toys, or extra vehicles. Newly built in 2022, the guest cottage provides an additional 226 sqft of living space for visitors, a home office, or creative pursuits. Enjoy dining and relaxing outdoors on the spacious lakeside patio that was updated in 2021. Located minutes from downtown Excelsior, Orono, Wayzata, and Chanhassen and within the award-winning Minnetonka School District. An exceptional opportunity to own a turnkey lakefront property in one of Lake Minnetonka’s most desirable locations.
Directions: Cty 19 to Tonka Bay Road, right on Hazel St. to Lakeview Ave. to home.
Accessible
None: 1
Air Conditioning
Central Air: 1
Amenities Unit
Dock: 1
Hardwood Floors: 1
Kitchen Center Island: 1
Kitchen Window: 1
Natural Woodwork: 1
Paneled Doors: 1
Patio: 1
Primary Bedroom Walk-In Closet: 1
Tile Floors: 1
Vaulted Ceiling(s): 1
Walk-In Closet: 1
Washer/Dryer Hookup: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Filtration System: 1
Water Osmosis System: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 26505
Assumable Loan
Not Assumable: 1
Basement
Drain Tiled: 1
Full: 1
Storage Space: 1
Sump Pump: 1
Unfinished: 1
Bath Description
Double Sink: 1
Main Floor Full Bath: 1
Upper Level 3/4 Bath: 1
3/4 Primary: 1
Private Primary: 1
Walk-In Shower Stall: 1
Building Information
Finished SqFt Above Ground: 2440
Construction Status
Previously Owned: 1
Dining Room Description
Breakfast Area: 1
Eat In Kitchen: 1
Informal Dining Room: 1
Kitchen/Dining Room: 1
Living/Dining Room: 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 0-4
Elevation Highpoint to Waterfront Slope
Level: 1
Exterior
Fiber Board: 1
Family Room Characteristics
Family Room: 1
Great Room: 1
Main Level: 1
Fencing
Partial: 1
Privacy: 1
Wood: 1
Financing Terms
Cash: 1
Fireplace Characteristics
Decorative: 1
Gas Burning: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Hard: 1
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Lake/Waterfront
Lake Front: 1
Laundry
Gas Dryer Hookup: 1
Laundry Room: 1
Main Level: 1
Washer Hookup: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: MAAR
Supra: 1
Lot Description
Accessible Shoreline: 1
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: Yes
Outbuildings
Additional Garage: 1
Bunk House: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 1044
Multiple Garages: 1
Garage Door Opener: 1
Heated Garage: 1
Insulated Garage: 1
Storage: 1
Patio, Porch and Deck Features
Patio: 1
Pool Description
None: 1
Public Survey Info
Range#: 23
Section#: 27
Township#: 117
Road Frontage
City Street: 1
Paved Streets: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age Over 8 Years: 1
Asphalt Shingles: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Special Search
3 BR on One Level: 1
4 BR on One Level: 1
Main Floor Laundry: 1
Primary Bdr Suite: 1
Stories
Two: 1
Water
City Water/Connected: 1
Waterfront View
South: 1
Location Tax and Other Information
House Number: 465
Street Name: Lakeview
Street Suffix: Avenue
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Minnetonka Lake Park
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Dock; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Water Osmosis System
Assumable Loan: Not Assumable
Basement: Drain Tiled; Full; Storage Space; Sump Pump; Unfinished
Bath Description: Double Sink; Main Floor Full Bath; Upper Level 3/4 Bath; 3/4 Primary; Private Primary; Walk-In Shower Stall
Construction Status: Previously Owned
Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room
Elevation Highpoint to Waterfront Slope: Level
Exterior: Fiber Board
Family Room Characteristics: Family Room; Great Room; Main Level
Fencing: Partial; Privacy; Wood
Financing Terms: Cash
Fireplace Characteristics: Decorative; Gas Burning
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Lake Details: Hard; Sand
Laundry: Gas Dryer Hookup; Laundry Room; Main Level; Washer Hookup
Lock Box Type: Supra
Lot Description: Accessible Shoreline; Tree Coverage - Light
Outbuildings: Additional Garage; Bunk House
Parking Characteristics: Multiple Garages; Garage Door Opener; Heated Garage; Insulated Garage; Storage
Pool Description: None
Road Frontage: City Street; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: 3 BR on One Level; 4 BR on One Level; Main Floor Laundry; Primary Bdr Suite
Stories: Two
Water: City Water/Connected
Waterfront View: South
Room Information
| Room Name | Dimensions | Level |
| Informal Dining Room | 13x10 | Main |
| Kitchen | 14x11 | Main |
| Laundry | 10x7 | Main |
| Office | 12x11 | Main |
| Second (2nd) Bedroom | 15x13 | Upper |
| First (1st) Bedroom | 14x12 | Upper |
| Fourth (4th) Bedroom | 12x10 | Upper |
| Third (3rd) Bedroom | 15x13 | Upper |
| Guest House | 17x11 | Main |
| Dining Room | 13x11 | Main |
| Living Room | 19x13 | Main |
Listing Office: Coldwell Banker Realty
Last Updated: January - 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.