Excelsior MN Homes for Sale

Living in Excelsior, MN: Homes for Sale and Local Guide

Excelsior is a small, walkable lake town on the south shore of Lake Minnetonka, about 15 miles southwest of downtown Minneapolis via Highway 7. Founded in 1853, it is one of the oldest communities on the lake, and its historic commercial district along Water Street is listed on the National Register of Historic Places. Many of the homes near downtown date to the Victorian era, and the city works to preserve that character.

Water Street is the heart of town: independent shops, restaurants, coffee and the Excelsior Dock theater, all a short walk from the lake. In summer, the restored steamboat Minnehaha carries passengers across the lake, and the Lake Minnetonka LRT Regional Trail runs right through downtown for biking and walking.

The Excelsior Commons

Set aside by the town's founders in the 1850s as a public pleasure ground, the Commons is a lakefront park with a swimming beach, playground, tennis courts, ball fields and room for picnics and summer concerts. The Port of Excelsior next door is where many boaters tie up for an afternoon in town.

Excelsior market snapshot (November 2026): about 50 homes, townhomes and condos are listed with an Excelsior mailing address, priced from roughly $335,000 to $6 million. That range runs from older in-town homes and townhomes to Lake Minnetonka estates, averaging close to $480 per finished square foot. Figures change daily and are not a guarantee.

A note on Excelsior addresses

The city of Excelsior itself is under a square mile. Many homes with an Excelsior mailing address (ZIP 55331) actually sit in neighboring Shorewood, Greenwood, Tonka Bay, Deephaven or Minnetrista, which affects property taxes, city services and schools. The listings below include that wider Excelsior-address area. I'm happy to sort out exactly which city and school district a home is in.

Schools

Excelsior is served by Minnetonka Public Schools. Homes in the surrounding Excelsior-address area may fall in Minnetonka or neighboring districts, so check the district's boundary locator for any specific address.

Thinking about selling in Excelsior?

Lakeshore, in-town historic and newer subdivision homes here price very differently. I'll show you what comparable homes near you have actually sold for and what buyers are paying for right now. See how I sell homes or contact Rob for a no-pressure price opinion.

What's my Excelsior home worth? Get an instant estimate »

Homes for Sale with an Excelsior Address

20465 Linwood Road, Excelsior
$5,990,000
5 Beds ⋅ 5 Baths ⋅ 7120937 MLS
Welcome to Mysa Hus, a Scandinavian-inspired retreat designed for intentional living, wellness, and connection located in Cottagewood. Thoughtfully brought to life by Mark D Williams, with architecture by KA Architects and interiors curated by OHO Interiors, this custom-built residence reflects a seamless collaboration of vision, craftsmanship, and design. Nestled in the highly sought-after Cottagewood community, the home offers an elevated lifestyle where thoughtful design meets everyday comfort. Spanning approximately 5,285 finished square feet, this five-bedroom, four-and-a-half-bath home showcases a harmonious blend of natural materials, superior craftsmanship, and timeless architecture. Every detail has been curated to create a warm, grounded environment—from layered wood finishes and organic textures to a wood-burning fireplace that anchors the main living space. The open-concept layout is designed to bring people together, with light-filled gathering spaces that flow seamlessly from room to room. A chef’s kitchen, expansive living areas, and carefully considered design elements throughout encourage connection while maintaining a sense of calm and simplicity. The home’s wellness-focused amenities extend far beyond the interior. Outside, you'll find a private backyard oasis featuring a saltwater pool, sauna, outdoor shower, and a dedicated wellness studio. A sport court, game room, and flexible-use spaces provide year-round recreation and relaxation. Built with health and sustainability in mind, the home incorporates high-performance materials, energy-efficient systems, and low-toxicity finishes to support a clean and comfortable living environment. This property offers the rare opportunity to own a design-forward home rooted in purpose, craftsmanship, and lifestyle. Mysa Hus is more than a home—it’s a place to slow down, recharge, and truly live. Experience this exceptional property firsthand.

20465 Linwood Road, Excelsior

Listing courtesy of Lakes Sotheby's International Realty.

5150 Meadville Street, Excelsior
$5,299,900
4 Beds ⋅ 4 Baths ⋅ 7080605 MLS
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.

5150 Meadville Street, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

xxx Meadville Street, Excelsior
$5,299,000
7126737 MLS
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 3/4 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.

xxx Meadville Street, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

4215 Halsteads Bay Lane, Excelsior
$2,775,000
5 Beds ⋅ 6 Baths ⋅ 7150409 MLS
Custom built in 2022 by Gonyea Homes, this property occupies one of the most coveted positions on Halstead Bay on Lake Minnetonka, a private end-lot bordered by a natural wetland buffer and a seasonal stream. The home was deliberately oriented to frame the water views while naturally separating itself from its single neighbor. Getting to your HOA-maintained dock slip is half the fun via a quick walk or golf cart ride; the cart is included in the sale. Inside, the home lives as beautifully as it looks. Five bedrooms, each with a private bath. A wet bar with wine fridge, dishwasher, and ice maker that makes entertaining feel effortless. An indoor sauna for the days you don't want to leave. The exercise room is thoughtfully equipped with an extra washer and dryer; so coming in from the pool, hot tub, or sauna never means tracking through the rest of the home. The backyard is an oasis that most only imagine; an in-ground saltwater pool with a fireplace feature, a saltwater hot tub, a standalone gas fire pit, and a built-in outdoor kitchen with ample counter space, all designed to make the outdoors feel like a natural extension of the home. The in-ground sprinkler system keeps everything looking exactly as it should. Patio furniture included. Woodland Cove is a lifestyle as much as a location. Two clubhouses, a community pool, and miles of walking trails winding through the neighborhood create a sense of place that extends well beyond your own lot.

4215 Halsteads Bay Lane, Excelsior

Listing courtesy of RE/MAX Results.

20545 Linden Road, Excelsior
$2,750,000
4 Beds ⋅ 5 Baths ⋅ 7070416 MLS
Designed by custom builder Steven Streeter as his personal residence and showcase home, this extraordinary Cottagewood retreat was created to blur the line between architecture and nature. Inspired by mountain lodges of the West, reclaimed bridge beams soar overhead while expansive walls of glass frame the surrounding woods, filling the home with natural light and creating a remarkable sense of openness and privacy. Every detail was thoughtfully considered, creating a home that is as comfortable as it is architecturally significant. At the center of the home, nearly 30 feet of glass doors open to a private bluestone courtyard featuring a heated pool, wood-burning fireplace and beautifully landscaped gathering spaces that become a natural extension of the interior. Designed for casual living and entertaining, the chef's kitchen features dual islands, soapstone countertops, custom cabinetry, premium appliances and an exceptional butler's pantry. The main level offers a private primary suite, office and family room, while the walkout lower level includes three additional bedrooms, recreation spaces, wine cellar, study and steam shower. A custom five-basin waterfall, positioned to be heard from the primary suite and study, walking paths through preserved woodlands, and a screened gazebo create an atmosphere more reminiscent of a mountain retreat than a home just blocks from Lake Minnetonka and downtown Excelsior. Rarely does a home combine this level of craftsmanship, privacy and connection to nature.

20545 Linden Road, Excelsior

Listing courtesy of Edina Realty, Inc..

6524 Aster Circle, Excelsior
$2,446,000
5 Beds ⋅ 4 Baths ⋅ 7118445 MLS
Imagine pulling into a private drive on nearly five acres along the shores of Lake Virginia, with the quiet settling in the moment you arrive. This is 6524 Aster Circle, a completely reimagined executive estate where every detail has been rebuilt, refined, and finished to an extraordinary standard. Freshly painted siding and all-new stone across the lower front set the tone before you even step inside. Then the lake appears. Brand new Andersen windows frame breathtaking views and fill every room with natural light, while designer chandeliers and premium fixtures give each space its own presence. In the gourmet kitchen, professional-grade KitchenAid appliances and all-new cabinetry make hosting feel effortless. Spa-inspired bathrooms invite you to slow down, a private office gives you room to focus, and gas fireplaces in the living room and recreation room make every season feel cozy. Downstairs, the lower level opens up possibilities. Picture a private bedroom for guests or extended family, a recreation room for movie nights, and a billiard room for game-night gatherings. With its own second laundry room, it could easily become a self-contained retreat or a home for multi-generational living. And then there is the setting. Imagine west-facing sunsets that stop you in your tracks, evenings spent on your private boardwalk and dock, and mornings surrounded by mature trees and abundant wildlife. The lake is quiet and low-traffic, with a channel to Lake Minnetonka’s Smithtown Bay, so a day on the water begins right at your back door. The big decisions have already been made. A new GAF roof with a lifetime warranty, new seamless gutters, a furnace and AC from 2018, two water heaters from 2022, a whole-home central vacuum that extends into the garage, and a sleek epoxy garage floor mean you can simply arrive and begin. No projects. No decisions. No waiting. Just an exceptional life, starting now.

6524 Aster Circle, Excelsior

Listing courtesy of Keller Williams Premier Realty.

85 Brentwood Avenue, Excelsior
$2,250,000
5 Beds ⋅ 4 Baths ⋅ 7131363 MLS
NOW COMPLETE - BEAUTIFUL & READY TO ENJOY! Experience exceptional new construction just one block from Lake Minnetonka and moments from the heart of Excelsior. Thoughtfully crafted by a premier luxury builder, this newly completed residence pairs sophisticated design, elevated finishes and effortless everyday living in an incredible location. A negotiated Lake Minnetonka boat slip is included with the property—the first year is paid for by the seller, with an option to extend, offering the rare opportunity to enjoy the lake lifestyle without the lakefront price tag. There is also public walk-in access just a block from the front door for kayaks and paddleboards. Step outside your door to connect directly to the regional trail system—walk or bike into downtown Excelsior for dining, shopping and entertainment, or explore miles of surrounding trails. With construction now complete and the home professionally staged, every detail can finally be experienced as intended. Additional notable features include: luxury primary with bar and a private patio with lakeviews, soaring two story greatroom, dining lounge with wine bar, large four season porch, butler's pantry, lower level amusement room/game room, and more! A truly unique combination of new construction, Lake Minnetonka boating access, trail connectivity and walkability to Excelsior—come see the finished product!

85 Brentwood Avenue, Excelsior

Listing courtesy of Keller Williams Realty Integrity Lakes.

28010 Boulder Bridge Drive, Excelsior
$1,995,000
5 Beds ⋅ 4 Baths ⋅ 7135271 MLS
Enjoy the Lake Minnetonka lifestyle from the coveted Boulder Bridge Farms community, where a deeded boat slip makes days on the water effortless. A golf cart is included with the home, making it easy to access neighborhood amenities including a sand beach, docks, tennis and pickleball courts, playground, trails and more. Set on a private, nearly one-acre lot, the home extends that resort-like lifestyle to its own backyard with a pool, hot tub, expansive patio, wood-fired pizza oven and built-in natural gas grill — plus a three-season porch for relaxing out of the sun. Inside, dramatic 20-foot ceilings, hardwood floors and a double-sided gas fireplace create an impressive welcome, while the open kitchen and gathering spaces are designed for easy everyday living and entertaining. Upstairs, the primary suite is a retreat of its own with a gas fireplace, private balcony, generous walk-in closet and spa-like bath. Two additional bedrooms share a Jack-and-Jill bath, each with its own vanity. The remodeled walkout lower level is equally suited to hosting and unwinding, with a wet bar, gas fireplace, recreation and exercise spaces, fourth bedroom, full bath and flexible office/non-conforming fifth bedroom. From boating and beach days to poolside afternoons and evenings around the fire, this is a home designed to make the most of every season. ***The 5th bedroom in the lower level (currently used as an office) would need an egress window installed.

28010 Boulder Bridge Drive, Excelsior

Listing courtesy of Coldwell Banker Realty.

2631 Orchard Lane, Excelsior
$1,895,000
5 Beds ⋅ 5 Baths ⋅ 7130945 MLS
This house comes with a REDUCED RATE as low as 6% (APR 6.559%) as of 11/02/2026 through List & Lock™. This is a seller-paid rate buy-down that reduces the buyer’s interest rate and monthly payment. Terms apply; see disclosures for more information. Tour this home and you will see it checks ALL boxes! Seller is offering an unheard-of rate buy-down OR a tremendous furnishings allowance. This offering makes this the best possible option on a custom new home, period! A rare combination in the Minnetonka School District—brand-new construction offering more than 5,100 finished square feet, a four-car garage, and nearly half an acre, with an Excelsior address and Carver County location. From the moment you step inside, you'll notice the quality and attention to detail, highlighted by beautiful accents and premium finishes throughout an expansive, open-concept layout. The main level is designed for both everyday living and entertaining, featuring a stunning kitchen with a large center island, a full butler's pantry, an additional walk-in pantry, stainless steel appliances, a generous dining area, a spacious living room, and a striking home office. Additionally, the main floor offers the 1st laundry room and mudroom drop zone. Upstairs, four bedrooms are conveniently located on one level, creating the perfect setup for family living. The primary suite is a true retreat with vaulted ceilings, a fireplace, a dedicated coffee bar, an enormous walk-in closet with an island, and an incredible spa-like wet room. Jack and Jill bedrooms, private ensuite, and 2nd laundry room round out the upper level. The lower level delivers an incredible additional living and entertaining space, complete with a fifth bedroom, wet bar, second office, spacious family room, and a versatile flex room that could easily become a private movie theater, fitness room, game room, or whatever best fits your lifestyle. The massive 4-car garage has side-mount openers and plenty of space for all your toys. This extraordinary new construction home combines modern luxury, functionality, and space in one impressive package. Beautifully landscaped and truly turnkey. Intentionally designed to impress from top to bottom. Seller is open to trades for other real estate, exotic vehicles & more!

2631 Orchard Lane, Excelsior

Listing courtesy of LPT Realty, LLC.

6065 Apple Road, Excelsior
$1,689,000
4 Beds ⋅ 5 Baths ⋅ 7071691 MLS
This private, wooded 3+ acre escape offers peace and seclusion with beautifully landscaped grounds. The 4-bedroom, 5-bathroom walkout two story has open and inviting main level features including stunning great room with two story windows showcasing panoramic views of the wetland and a multitude of wildlife species. Main level open floor plan includes rich cherry custom built-ins, stone encased gas fireplace. The kitchen is designed for both function and entertaining, featuring granite countertops, abundant storage, a large center island and large granite wet bar with wine cooler — perfect for gatherings of any size. The luxurious primary suite is a true retreat, complete with a spa-like bathroom featuring a jacuzzi tub, tiled walk-in shower, heated floors, and extra-large walk-in closet, double sided fireplace that can be viewed from bathroom and bedroom, and a sitting area overlooking the wetland. Each of the other bedrooms has its own full bathroom. Full unfinished walkout lower level to finish however you may want. Walks out to 288 Sq ft stamped concrete patio. Rear entrance foyer from the garage has a tiled floor with 3 built-in lockers, a large walk-in closet, laundry room, walk in-pantry, and a half bath. Attached 4 car garage with 12-foot ceilings. Stairs in the garage lead to storage over the garage area. 17'x6' concrete dog kennel with cover along the garage. Meticulously maintained, move-in ready, and ideally located within easy walking distance from downtown Excelsior, nearby trails and multiple parks. New, furnace, AC, refrigerator, roof, interior and exterior paint.

6065 Apple Road, Excelsior

Listing courtesy of Counselor Realty, Inc.

25560 Smithtown Road, Excelsior
$1,675,000
4 Beds ⋅ 3 Baths ⋅ 6769542 MLS
Welcome to McDonald Construction "rare find" development "Shorewood Meadow" with three amazing, gorgeous .75 plus acre lots backing the regional walking/biking trail. Inspired by classic European design, the "Laurel" model artfully balances grand entertaining spaces with quiet, private retreats. A grand foyer leads to a soaring vaulted great room with beamed ceiling and statement fireplace and built-ins. Bathed in natural light from twelve feet sliding glass doors with transoms-offering gorgeous views of the backyard and creating seamless indoor-outdoor living. The gourmet kitchen features an oversized island, generous counter space and a walk-in pantry. The adjacent dining area and living space flow effortlessly, perfect for everyday living and memorable celebrations. The main floor primary is a true sanctuary, complete with a spa- inspired bath, freestanding soaking tub, double vantity and spacious walk-in closet. A private study and guest bedroom with a nearby full bath complete the main level. The lower-level invites connection and flexibility with a large media/game room, a flex/exercise room, and additional bedrooms and bathroom. A spacious unfinished storage room allows for future expansion or personalization. Rare opportunity to take advantage of designing and building with award winning builder, McDonald Construction Partners on your choice of 3 breathtaking .75 acre lots touching regional walking trails, near the heart of downtown Excelsior, minutes to Lake Minnetonka lifestyle and situated in the top rated Minnetonka public school district. Let us refine this home to your taste or start your custom dream home today! See actual model at 9271 Timberland Trail that has a few more upgrades along with a dramatic sunroom added at 9271 Timberland Trail, Eden Prairie to give ideas for customizing this plan to buyers tastes.

25560 Smithtown Road, Excelsior

Listing courtesy of Edina Realty, Inc..

Start Your Search

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. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

How much is your home worth?

Get instant property value now!