$2,275,000
    511 2nd Street, 3
    Excelsior, MN 55331
    MLS# 7038770
    3 beds  |  4 baths  |  2552 sqft
    Welcome to Lake House #3 in downtown Excelsior
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    Welcome to Lake House #3 in downtown Excelsior Great attention to architecture detail throughout this unit, including the coffered ceilings in the living room A handsome gas fireplace anchors one end of the living room Great space to gather and entertain Oversized windows fill this unit with natural light A stunning wet bar anchors the other end of the living room The bar area features floating shelves, sink, dual zone beverage center and a great backdrop for some impressive artwork Open floor plan provides easy flow between living, dining, and kitchen areas Great spaces for entertaining Great spaces for entertaining Chef's kitchen features stainless steel appliances, large oversized island with room for seating, and plenty of cabinet and counter space On trend waterfall design featured on the large center island Kitchen space includes a walk-in pantry with built-in organizational components Custom cabinets throughout the kitchen provide for additional storage space Bring the outdoors in when you open the 12' accordion doors Beautiful floating shelves allow for additional storage or displaying decor Natural light floods into the bright kitchen Covered deck with gas fireplace and stone surround An ideal place to unwind and take in the views of Excelsior and Lake Minnetonka Spacious primary bedroom with access to the 44' balcony Spa-like primary bath with heated floors, dual vanity areas, large soaker tub, and curb-less walk-in shower On trend design elements continue in this space Soak the stress of the day away in the large tub or the spacious shower with dual shower heads Amazing primary closet space with built-in components and laundry units Second bedroom with access to the 44' balcony En-suite 3/4 bath in the second bedroom Third bedroom En-suite 3/4 bath in the third bedroom Powder bath with modern flair Spacious coat closet with organizational components Welcoming entryway Lake House in downtown Excelsior Elevator access in the lobby Located in the heart of downtown Excelsior near the fabulous shops, dining, and Lake Minnetonka. Located in the heart of downtown Excelsior near the fabulous shops, dining, and Lake Minnetonka. Located in the heart of downtown Excelsior near the fabulous shops, dining, and Lake Minnetonka.

    Property Description
    Welcome to Lake House #3, an exceptional luxury residence in the heart of Excelsior, just moments from the shores of Lake Minnetonka. Designed for effortless, turn-key living, this stunning condominium blends refined craftsmanship with elevated modern design. The home showcases impeccable finishes throughout, including wide-plank hardwood floors, custom cabinetry, and striking 9.5-foot coffered ceilings. The gourmet kitchen is a true centerpiece, featuring Thermador stainless steel appliances, a quartz waterfall-edge island, and a walk-in pantry with custom organizational shelving. A stylish wet bar with a dual-zone beverage center enhances the home’s entertaining appeal. Seamless indoor-outdoor living is achieved with a dramatic 12-foot accordion door that opens to a lakeside three-season porch with a wood-paneled ceiling, gas fireplace, and breathtaking 180-degree views. The luxurious primary suite offers a spacious walk-in closet with in-unit laundry, along with a spa-like bath featuring heated floors, dual vanities, a soaking tub, and a separate walk-in shower. Each additional bedroom includes its own en-suite bath and custom closet system. Thoughtful conveniences continue with three heated garage stalls, EV charging capability, and ample storage. Enjoy unparalleled walkability to Excelsior’s vibrant dining, shopping, and year-round community events, along with nearby attractions like the Excelsior Commons and regional trails.

    Details
    Maps
    Documents
    Contract Information
    Owner is an Agent?: No
    Auction?: No
    Status: Active
    Contingency: None
    Current Price: $2,275,000
    Original List Price: 2275000
    ListPrice: 2275000
    List Date: 2026-06-03
    Office/Member Info
    Association: MAAR
    General Property Information
    Assoc Mgmt Co. Phone #: 612-296-0900
    Association Fee Frequency: Monthly
    Association Mgmt Co. Name: Pending
    Common Wall: Yes
    Lot Measurement: Acres
    Manufactured Home?: No
    Multiple PIDs?: No
    New Development: No
    Number of Fireplaces: 2
    Waterfront YN: No
    Year Built: 2023
    Yearly/Seasonal: Yearly
    Zoning: Residential-Single Family
    Lot Dimensions: Common
    Acres: 0.19
    Bath Three Quarters: 2
    Bath Half: 1
    Bath Quarter: 0
    Main Floor Total SqFt: 2552
    Above Grd Total SqFt: 2552
    Below Grd Total SqFt: 0
    Total SqFt: 2552
    Total Finished Sqft: 2552.00
    FireplaceYN: Yes
    Foundation Size: 2552
    Style: (CC) Low Rise (3- Levels)
    Garage Stalls: 3
    Association Fee: 1869
    Assessment Pending: No
    Bedrooms: 3
    Baths Total: 4
    Bath Full: 1
    Location, Tax and Other Information
    AssocFeeYN: Yes
    Legal Description: TBD
    Listing City: Excelsior
    Map Page: 117
    Municipality: Excelsior
    School District: Minnetonka
    School District Phone: 952-401-5000
    County Abbreviation: 3
    Property ID Number: 3511723220195
    Tax Year: 2026
    Tax Amount: 28041.46
    In Foreclosure?: No
    Potential Short Sale?: No
    Lender Owned?: No
    Directions & Remarks
    Public Remarks: Welcome to Lake House #3, an exceptional luxury residence in the heart of Excelsior, just moments from the shores of Lake Minnetonka. Designed for effortless, turn-key living, this stunning condominium blends refined craftsmanship with elevated modern design. The home showcases impeccable finishes throughout, including wide-plank hardwood floors, custom cabinetry, and striking 9.5-foot coffered ceilings. The gourmet kitchen is a true centerpiece, featuring Thermador stainless steel appliances, a quartz waterfall-edge island, and a walk-in pantry with custom organizational shelving. A stylish wet bar with a dual-zone beverage center enhances the home’s entertaining appeal. Seamless indoor-outdoor living is achieved with a dramatic 12-foot accordion door that opens to a lakeside three-season porch with a wood-paneled ceiling, gas fireplace, and breathtaking 180-degree views. The luxurious primary suite offers a spacious walk-in closet with in-unit laundry, along with a spa-like bath featuring heated floors, dual vanities, a soaking tub, and a separate walk-in shower. Each additional bedroom includes its own en-suite bath and custom closet system. Thoughtful conveniences continue with three heated garage stalls, EV charging capability, and ample storage. Enjoy unparalleled walkability to Excelsior’s vibrant dining, shopping, and year-round community events, along with nearby attractions like the Excelsior Commons and regional trails.
    Directions: Hwy 7 west, exit to downtown Excelsior.
    Accessible
    Accessible Elevator Installed: 1
    Air Conditioning
    Central Air: 1
    Amenities Shared
    Elevator(s): 1
    Lobby: 1
    Other: 1
    Amenities Unit
    Balcony: 1
    Deck: 1
    Hardwood Floors: 1
    Kitchen Center Island: 1
    Kitchen Window: 1
    Main Floor Primary Bedroom: 1
    Primary Bedroom Walk-In Closet: 1
    Tile Floors: 1
    Walk-In Closet: 1
    Wet Bar: 1
    Appliances
    Cooktop: 1
    Dishwasher: 1
    Disposal: 1
    Dryer: 1
    Microwave: 1
    Washer: 1
    Wine Cooler: 1
    Assessments
    Assessment Balance: 0
    Tax With Assessments: 28041.46
    Association Fee Includes
    Internet: 1
    Parking Space: 1
    Sanitation: 1
    Shared Amenities: 1
    Other: 1
    Basement
    None: 1
    Bath Description
    Double Sink: 1
    Main Floor 1/2 Bath: 1
    Main Floor 3/4 Bath: 1
    Main Floor Full Bath: 1
    Full Primary: 1
    Private Primary: 1
    Bathroom Ensuite: 1
    Separate Tub & Shower: 1
    Walk-In Shower Stall: 1
    Building Information
    Finished SqFt Above Ground: 2552
    Construction Status
    Previously Owned: 1
    Dining Room Description
    Eat In Kitchen: 1
    Living/Dining Room: 1
    Exterior
    Brick/Stone: 1
    Family Room Characteristics
    Great Room: 1
    Main Level: 1
    Fireplace Characteristics
    Gas Burning: 1
    Living Room: 1
    Other: 1
    Foundation
    Other: 1
    Fuel
    Natural Gas: 1
    Heating
    Forced Air: 1
    Insurance Fee
    Insurance Fee: 0
    Laundry
    In Unit: 1
    Main Level: 1
    Lease Details
    Land Leased: Not Applicable
    Miscellaneous Information
    Homestead: No
    Ownership
    Fractional Ownership: No
    Parking Characteristics
    Garage Dimensions: 0x0
    Shared Garage/Stall: 1
    Garage Door Opener: 1
    Heated Garage: 1
    Secured: 1
    Storage: 1
    Tuckunder Garage: 1
    Patio, Porch and Deck Features
    Covered: 1
    Deck: 1
    Public Survey Info
    Range#: 23
    Section#: 35
    Township#: 117
    Restriction/Covenants
    Mandatory Owners Assoc: 1
    Pets - Cats Allowed: 1
    Pets - Dogs Allowed: 1
    Pets - Number Limit: 1
    Pets - Weight/Height Limit: 1
    Road Frontage
    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
    Sellers Terms
    Cash: 1
    Conventional: 1
    Sewer
    City Sewer/Connected: 1
    Shared Rooms
    Other: 1
    Special Search
    3 BR on One Level: 1
    All Living Facilities on One Level: 1
    Main Floor Bedroom: 1
    Main Floor Laundry: 1
    Main Floor Primary: 1
    Stories
    One: 1
    Water
    City Water/Connected: 1
    Location Tax and Other Information
    House Number: 511
    Street Name: 2nd
    Street Suffix: Street
    Unit Number: 3
    Postal City: Excelsior
    County: Hennepin
    State: MN
    Zip Code: 55331
    Property Features
    Accessible: Accessible Elevator Installed
    Air Conditioning: Central Air
    Amenities Shared: Elevator(s); Lobby; Other
    Amenities Unit: Balcony; Deck; Hardwood Floors; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Wet Bar
    Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Washer; Wine Cooler
    Association Fee Includes: Internet; Parking Space; Sanitation; Shared Amenities; Other
    Basement: None
    Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Main Floor Full Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall
    Construction Status: Previously Owned
    Dining Room Description: Eat In Kitchen; Living/Dining Room
    Exterior: Brick/Stone
    Family Room Characteristics: Great Room; Main Level
    Fireplace Characteristics: Gas Burning; Living Room; Other
    Foundation: Other
    Fuel: Natural Gas
    Heating: Forced Air
    Laundry: In Unit; Main Level
    Parking Characteristics: Shared Garage/Stall; Garage Door Opener; Heated Garage; Secured; Storage; Tuckunder Garage
    Road Frontage: Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights
    Road Responsibility: Public Maintained Road
    Roof: Age 8 Years or Less
    Sellers Terms: Cash; Conventional
    Sewer: City Sewer/Connected
    Shared Rooms: Other
    Special Search: 3 BR on One Level; All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary
    Stories: One
    Water: City Water/Connected
    Room Information
    Room Name Dimensions Level
    Deck18x10Main
    Deck5x44Main
    Dining Room13x8Main
    First (1st) Bedroom18x15Main
    Kitchen15x22Main
    Living Room24x13Main
    Second (2nd) Bedroom18x11Main
    Third (3rd) Bedroom13x11Main
    IDX
    Listing Office: Compass

    Last Updated: June - 26 - 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.

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