251 W Lake Street - Photo 1
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251 W Lake Street
251 W Lake Street
251 W Lake Street
251 W Lake Street
251 W Lake Street

251 W Lake Street, Excelsior, MN 55331 - MLS# 7127625

MLS® #: 7127625|Days on Market: 75|Listed: Aug 14, 2026

$1,349,000

$1,500,000↓ 10.1%
Bedrooms
4
Bathrooms
3
Square Feet
2,769
Acres
0.38
Year Built
1930
Property Type
Residential
Heating
Natural Gas
Cooling
Central Air
Garages
2
Days on Market
75
School District
276 - Minnetonka

Well maintained spacious and unique 4-bedroom, 3-bathroom home so close to the lake! A yard your neighbors will be envious of with beautiful mature shade trees. Excellent private deck for sunny days and 4 season porch when the weather is less favorable but you still want to be outside.

Three bedrooms located on the Main level for one level living. The main kitchen connects to a large deck overlooking the beautiful back yard allowing for versatile dining and grilling.

The main dining room, living room and sun room connect for a combined over 600 square ft of living/entertainment area. OR close off the sun room for a cozy afternoon with a book.

The finished lower level provides even more flexible space that can serve as a guest quarters or rent it out if you so wish. The lower level comes with a full eat-in kitchen, living room, spacious bedroom and full bath complete with jacuzzi tub. There is also a bonus room off of the garage you can use for exercise, office, gaming, storage or whatever your heart desires.

Central AC is SpacePak high-velocity small-duct system

251 W Lake Street, Excelsior, MN 55331

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Interior Information

BasementWalkout
AppliancesDishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
CoolingCentral Air
HeatingBoiler
FuelNatural Gas
Fireplaces1
Fireplace FeaturesFamily Room
Interior AmenitiesDeck, Exercise Room, Hardwood Floors, Main Floor Primary Bedroom, Patio

Size & Levels

LevelsOne
Total Finished Sq Ft3,523 sq ft
Above Grade Finished1,466 sq ft
Below Grade Finished1,303 sq ft
Main Level Finished1,466 sq ft

Bathrooms

Full Baths2
1/2 Baths1
Bathroom DetailsFull Basement, Main Floor 1/2 Bath, Main Floor Full Bath

Rooms

Other Rooms

Living Room14' x 16'
Family Room14' x 15'
Dining Room14' x 15'
Kitchen16' x 11'
Bedroom12' x 8'
Bedroom 215' x 12'
Bedroom 315' x 11'
Bedroom 411' x 16'
Laundry13' x 7'
Sun Room14' x 13'
Kitchen- 2nd18' x 11'
Workshop8' x 7'
Flex Room14' x 13'

Exterior & Parking

ExteriorVinyl
FoundationBlock
Garage Stalls2
ParkingAttached Garage

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.38 acres
Lot Dimensions139 X 139 X 73 X 233
Lot DescriptionCorner Lot
ZoningResidential-Single Family
SubdivisionAuditors Sub 240
TownshipExcelsior
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected

Financial & Tax Information

Annual Taxes$12,180
Tax Year2026
Tax w/ Assessments$12,180
Assessment PendingNo
Parcel Number3411723120043
Financing OptionsConventional, VA, FHA, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Schools

Broker Reciprocity logo
Listed by: Xpace, LLC
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.