254 Lake Street, Excelsior, MN 55331

Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
254 Lake Street,Excelsior, MN 55331
$5,700,000
  • 4 Beds
  • 4 Baths
  • 4,661 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sat, Nov 15
    12:00 pm - 03:30 pm
Listed by: mitchell steven jilek
Office: rize realty
MLS#:6789422
Source:NSMLS

Price summary

  • Price:$5,700,000
  • Price per sq. ft.:$962.51

About this home

Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an extraordinary lifestyle where lakefront elegance meets vibrant downtown energy just moments from Minnesota's most coveted lake. Wake up to breathtaking water views and endless recreational opportunities while being steps away from boutique shopping, acclaimed waterfront restaurants, the famous Excelsior Commons, and seasonal festivals that make this community so special. Excelsior seamlessly blends historic charm with modern sophistication, where you can stroll tree-lined streets to lakeside dining, catch live music at the bandshell, launch your boat just minutes away, or simply enjoy the tranquil

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Home facts

  • Year built:2025
  • Listing ID #:6789422
  • Added:57 day(s) ago
  • Updated:November 12, 2025 at 11:09 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Living area:4,661 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:2025
  • Building area:4,661 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$5,700,000
  • Price per sq. ft.:$962.51
  • Tax amount:$13,981 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.