For Sale Property MLS# 7038770

511 2nd Street 3

Excelsior, MN 55331

$2,150,000

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Take the tour

About 511 2nd Street 3

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
(CC) Low Rise (3- Levels)
Status
Active
Year built
2023
Stories
One
Living area
2,552 sqft
Price / sqft
$842
Lot
0.194
Full baths
1
Half baths
1
Original price
$2,275,000
MLS #
7038770

Interior

Features
Central Air, 0, Forced Air, Fireplace(s), Main Level, In Unit, Gas, Living Room, Other, Fireplace, Fireplaces: 2, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Fireplaces
2
Laundry
Main Level, In Unit

Exterior & lot

Features
Stone, Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Shared Garage/Stall, Storage, Tuckunder Garage
Construction
One, Other, Age 8 Years or Less
Roof
Age 8 Years or Less
Foundation
Other
Lot
3511723220195
Parking
Garage Door Opener, Guest Parking, Heated Garage, Parking Garage, Secured, Shared Garage/Stall, Storage, Tuckunder Garage
Garage spaces
3

Schools

District
Minnetonka Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

HOA
Yes
Financial
northstar
Annual tax
$28,041
Tax year
2026
Parcel
3511723220195

Location

County
Hennepin
Community
Hennepin, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer, Elevator(s), Lobby Entrance, Other, Internet, Other, Parking, Sanitation, Shared Amenities, 1869.0, Monthly, northstar, Minnetonka
Directions
Hwy 7 west, exit to downtown Excelsior.

Location

School district
Minnetonka Public School District

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Questions on 511 2nd Street 3, Excelsior, MN 55331, or want to see it in person?

Listed by Elizabeth C Ulrich, Compass

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.