For Sale House MLS# 7126003

163 2nd Street

Excelsior, MN 55331

$1,850,000

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About 163 2nd Street

Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka.

Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings.

The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber.

The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own.

Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka.

More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.

Property details

Property

Type
Single Family
MLS type
Single Family Home
Status
Active
Year built
2026
Stories
One
Living area
2,633 sqft
Price / sqft
$703
Lot
0.18
Full baths
2
Half baths
1
Original price
$1,850,000
MLS #
7126003

Interior

Features
Central Air, 0, Forced Air, Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup, Finished, Full, Electric, Living Room, Fireplace, Fireplaces: 1, Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
Heating
Forced Air
Cooling
Central Air
Fireplaces
1
Laundry
Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup

Exterior & lot

Features
Stone, Engineered Wood, Shakes, Attached Garage
Construction
One, Poured Concrete, Architectural Shingle
Roof
Architectural Shingle
Foundation
Poured Concrete
Lot
3411723120175
Parking
Attached Garage
Garage spaces
2

Schools

District
Minnetonka Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, 200+ Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$9,186
Tax year
2026
Parcel
3411723120175

Location

Subdivision
Auditors Sub 135
County
Hennepin
Community
Hennepin, City Street, Paved Streets, 0.0, northstar, Minnetonka
Directions
Hwy 7 to 2nd Street, continue on 2nd St, House on Right

Location

Neighborhood
Auditors Sub 135
School district
Minnetonka Public School District

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Listed by Price Realty, eXp Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.