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MLS: #7038770, Listed By: Elizabeth Ulrich, Compass, Source:FargoMoorhead Area Association of REALTORS

511 2nd Street

Excelsior, MN 55331

$2,275,000

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Overview

Bed

Bath

2,552

Sqft

0.19

Acre(Lot)

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.

Property Details

Property Type : Residential

Price : $2,275,000

AD Id : 80020555

MLS Id : 7038770

Beds : 3

Lot Size : 0.19 Acre

Living Area Size : 2,552

Year Built : 2023

Garage : 3

County : Hennepin

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 4 Full Baths: 1 Half Baths: 1

Room Information

Rooms Total: 8 Basement: None
Flooring Information

Hardwood, Tile
Interior Features

Elevator, Kitchen Island, Walk-In Closet(s), Wet Bar Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Wine Cooler Laundry Features: In Unit, Main Level
Heating & Cooling

Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 2023 Building Area Total: 2552 Stories: 1 Patio And Porch Features: Covered, Deck Private Pool: No Association Fee Frequency: Monthly
Exterior Features

Exterior Features: Balcony

Lot Information

Lot Dimensions: Common Main Square Feet: 0.19 Acres Lot Size Acres: 0.19 Lot Size Square Feet: 8276.4

Listing Price Information

Listing Price: $2275000 Cash, Conventional

Tax Information

Parcel Number: 3511723220195 Annual Tax: $28041.46

Parking Information

Garage Door Opener, Heated Garage, Secured, Storage, Garage

Garage Information

Has Garage: Yes Garage Space: 3 Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Homeowners Association Information
Has Association: Yes Included Fees: Internet HOA: $1,869.00 Association Amenities: Elevator(s)

Location Information

Direction: Hwy 7 west, exit to downtown Excelsior. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
5080 Meadville Street, Greenwood, MN, 55331	$3,650,000	5	3	2,393	2,393 SqFt
6306 Maple Ridge, Excelsior, MN, 55331	$3,695,000	5	5	5,625	5,625 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/04/2026 @ 11:58

MLS: 7038770 LISTED BY: Elizabeth Ulrich, Compass 952-283-0644 SOURCE: FargoMoorhead Area Association of REALTORS