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$2,150,000

3 Beds 3 / 1 Full / Half Baths 2,552 SQFT 0.19 Acres
Type: Single Family

511 2nd Street # 3
Excelsior, MN 55331

MLS#: 7038770
The Real Estate Advantage
Office: 952.224.8800
Presented by: Compass

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.


 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

1/4 Baths0
3/4 Baths2
Bath DescDouble Sink, Bathroom Ensuite, Full Primary, Private Primary, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Main Floor Full Bath, Separate Tub & Shower, Walk-In Shower Stall
Half Baths1
Total Baths4

Other Interior Features

Above Grade Finished Area2,552 sqft
BasementNone
Basement (Y/N)No
Below Grade Finished Area0 sqft
Fireplace FeaturesGas, Living Room, Other
Fireplace Y/NYes
FuelNatural Gas
Garage Square Feet0
Laundry FeaturesMain Level, In Unit
Total Fireplaces2

Other Rooms

Dining Room DescriptionEat In Kitchen, Living/Dining Room

General

AccessibilityAccessible Elevator Installed
Additional Parcels Y/NNo
Amenities UnitBalcony, Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Tile Floors, Wet Bar, Walk-In Closet
AppliancesCooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
Assoc Fee Paid PerMonthly
Association AmenitiesElevator(s), Lobby Entrance, Other
Association Fee IncludesInternet, Other, Parking, Sanitation, Shared Amenities
Association NamePending
CityExcelsior
ContingencyNone
CoolingCentral Air
CountyHennepin
DirectionsHwy 7 west, exit to downtown Excelsior.
Full Baths1
Garage Spaces3
HOAYes
HOA Fee$1869
HeatingForced Air, Fireplace(s)
High School DistrictMinnetonka
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area2,552 sqft
Lot Size UnitsAcres
New ConstructionNo
PostalCityExcelsior
Property Attached Y/NYes
Property Subtype(CC) Low Rise (3- Levels)
Property TypeResidential
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$28,041
Tax Year2026
Unit Number3
Virtual TourClick here
Year Built2023
Zoning DescriptionResidential-Single Family

Exterior

Building Area Total2,552 sqft
Foundation Area2,552 sqft
Lot DimensionsCommon
Lot Size Area0 sqft
Parking FeaturesGarage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Shared Garage/Stall, Storage, Tuckunder Garage
Road Frontage TypeCurbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$2,150,000

3 Beds 3 / 1 Full / Half Baths 2,552 SQFT 0.19 Acres
Type: Single Family

511 2nd Street # 3
Excelsior, MN 55331

MLS#: 7038770
The Real Estate Advantage
Office: 952.224.8800