For Sale House MLS# 7080605

5150 Meadville Street

Excelsior, MN 55331

$5,299,900

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About 5150 Meadville Street

One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.

Property details

Property

Type
Single Family
MLS type
Single Family Home
Status
Active
Year built
1918
Stories
Two
Living area
3,616 sqft
Price / sqft
$1,466
Lot
0.4
Full baths
2
Half baths
1
Original price
$5,750,000
MLS #
7080605

Interior

Features
Central Air, 0, Forced Air, Laundry Room, Sink, Upper Level, Block, Finished, Full, Sump Pump, Family Room, Stone, Wood Burning, Fireplace, Fireplaces: 1, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer
Heating
Forced Air
Cooling
Central Air
Fireplaces
1
Laundry
Laundry Room, Sink, Upper Level

Exterior & lot

Features
Shakes, Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage
Construction
Two, Block
Foundation
Block
Lot
Bay, Lake, North, Panoramic, South, West, 2611723320010, 240
View
Bay, Lake, North, Panoramic, South, West
Waterfront
Dock, Lake Front, Lake View
Parking
Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage
Garage spaces
2

Schools

District
Minnetonka Public School District

Utilities

Utilities
City Sewer/Connected, Well, Circuit Breakers
Water
Well
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$29,533
Tax year
2025
Parcel
2611723320010

Location

Subdivision
Auditors Sub 141
County
Hennepin
Community
Hennepin, 0.0, northstar, Minnetonka
Directions
Minnetonka Blvd to Meadville to home.

Location

Neighborhood
Auditors Sub 141
School district
Minnetonka Public School District

Ask about this property

Questions on 5150 Meadville Street, Excelsior, MN 55331, or want to see it in person?

Listed by Mark P. Abdel, RE/MAX Advantage Plus

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.