Excelsior Real Estate

Excelsior Real Estate

Excelsior: The Gem of Minnesota Real Estate

Nestled in the heart of Minnesota, Excelsior is a charming city that offers a perfect blend of small-town charm and modern amenities. With its picturesque setting on the shores of Lake Minnetonka, Excelsior is a sought-after destination for those seeking a serene and idyllic place to call home.

One of the main draws of Excelsior is its vibrant downtown area. Lined with boutique shops, cozy cafes, and delicious restaurants, Main Street is a hub of activity. Residents can stroll along the streets, enjoying the unique shops and local eateries, or simply relax in one of the many parks that dot the city.

Excelsior is also known for its strong sense of community. The city hosts numerous events throughout the year, including the annual Art on the Lake festival and the Excelsior Farmers Market. These events bring residents together and foster a sense of belonging.

For outdoor enthusiasts, Excelsior offers a plethora of recreational opportunities. With Lake Minnetonka right at its doorstep, residents can enjoy boating, fishing, and swimming during the warmer months. The city also boasts several parks and trails, perfect for hiking, biking, or simply enjoying nature.

In terms of real estate, Excelsior offers a diverse range of options. From historic homes with charming architecture to modern condos with lake views, there is something to suit every taste and budget. The strong housing market in Excelsior makes it an attractive destination for both homebuyers and investors.

With its unbeatable location, vibrant downtown, and strong sense of community, Excelsior truly stands out as a gem in the Minnesota real estate market. Whether you're looking for a peaceful retreat or a lively community, Excelsior has it all.

Newest Listings in Excelsior

$485,000
3 Beds ⋅ 1 Baths ⋅ 7114506 MLS
You'll fall in love with this charming and beautifully updated Tonka Bay gem that blends character with all the modern touches. The sun-filled kitchen has been thoughtfully refreshed and flows seamlessly into the welcoming living room and casual dining area, where the wood-burning fireplace creates the perfect gathering space for both quiet nights in and easy entertaining. Natural light fills the spacious primary bedroom and features a walk-in closet along with stylish barn doors for a touch of personality. The main level bedroom connects to the fully renovated bath that shines with timeless subway tile, penny tile flooring, and crisp finishes. Just off the kitchen, you’ll appreciate the convenience of main-floor laundry and a mudroom designed for everyday living. The flexible lower level offers endless possibilities—consider making it a third bedroom, family room, home gym or home office. Step outside to an expansive backyard retreat complete with a deck, fire pit, mature trees, and a new storage shed—your own private, peaceful escape. Lastly, For peace of mind, the home also features a newer high efficiency furnace plus a Renew whole house air exchanger. ****Located in the award winning Minnetonka School District and just a short walk to Lake Minnetonka, the Regional Trail, and all the delightful shops and restaurants of downtown Excelsior, this adorable home truly offers the best of Tonka Bay living.

5320 Manitou Road, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$3,450,000
4 Beds ⋅ 5 Baths ⋅ 7120864 MLS
Perfectly positioned on one of Lake Minnetonka's most desirable settings, this exceptional lakefront residence offers the rare combination of an outstanding on-and-off-the-water location, ideal elevation, and coveted main-level living. Set on .66 acres with 104 feet of beautiful lakeshore on Old Channel Bay with exceptional water quality, the property captures sweeping water views and beautiful summer sunsets from nearly every room. Thoughtfully designed for effortless everyday living and entertaining, the home features expansive gathering spaces, a luxurious main-level primary suite, additional ensuite bedroom, private office, upper-level guest accommodations, and a spacious lower level ready for future customization. Located in the desirable Minnetonka School District, this is a rare opportunity to enjoy a true Lake Minnetonka gem.

4770 Manitou Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$599,000
7120852 MLS
An Exceptional Opportunity in the Heart of Shorewood… You don’t come across opportunities like this often. Nestled on just over an acre in the highly desirable Shorewood, this prime parcel is already positioned for success, with medium-high density zoning and previous city-approved preliminary plat and concept plans for six single-family homes. The vision is in place. The groundwork has been laid. Now it’s simply waiting for the right builder or developer to bring it to life. With utilities readily available and much of the entitlement process already completed, you’re stepping into a project where the heavy lifting has been done, allowing you to focus on execution and maximizing potential. And the location… it truly speaks for itself. Backing directly up to Gideon Glen Park, you’ll love the natural surroundings and added green space this setting provides. Positioned across the street from the prestigious Minnetonka Country Club neighborhood, this location offers a sense of established luxury and community. You’re also just steps from your morning coffee at Caribou Coffee and outdoor recreation at Badger Park, making everyday living incredibly convenient and connected. Beyond the immediate surroundings, enjoy close proximity to the shores of Lake Minnetonka, where boating, dining, and year-round recreation create an unmatched lifestyle. Spend afternoons at Excelsior Commons, explore the charming shops and restaurants in Excelsior, or unwind with dinner and lake views at Maynards. With easy access to Minnesota State Highway 7, you’re seamlessly connected to the greater Twin Cities while still enjoying the tranquility of a premier lakeside community. Whether you’re looking to build and sell, create a boutique villa community, or invest in a high-demand area, this is your chance to step into a project with momentum already on your side. Opportunities like this are rare… now it’s your turn to bring it home.

24560 Smithtown Road, Excelsior

Listing courtesy of eXp Realty.

$549,000
3 Beds ⋅ 3 Baths ⋅ 7117344 MLS
A SMART START near Historic Excelsior! This 3-bedroom home offers an affordable opportunity to enter the Lake Minnetonka area, build sweat equity, and make this home your own. Set among mature trees next to the regional trail, it is just a short walk or bike ride to Maynards, Excelsior Commons with beach - bandshell, shopping, dining, the library, and all the year-round activities the Lake Minnetonka area has to offer. The home features a private wooded setting, oversized 25x21 garage, large entertaining deck, backyard firepit area, and a flexible floor plan. The main level includes a primary suite with a private ¾ bath and walk-in closet. The walkout lower level offers two additional bedrooms, a full bath, and a spacious amusement room with bar area. Fresh interior paint and new carpeting provide a head start; buyers can do additional updating at their leisure to accommodate their desires. Bring your ideas and create value in a neighborhood surrounded by significantly higher-priced homes. Pre-listing inspection report is available in MLS supplements; buyers are encouraged to review it before submitting an offer. A rare chance to enjoy the Excelsior and Lake Minnetonka lifestyle at an attractive price! See it soon...

5200 Greenwood Circle, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$649,900
5 Beds ⋅ 4 Baths ⋅ 7117847 MLS
Discover the perfect blend of space and serenity with this expansive 5BR/4BA home nestled on 1.32 acres in the sought-after Minnetonka School District. Boasting a prime location near Lake Minnetonka and Minnewashta, and the charming town of Excelsior. This property offers picturesque views and lush surroundings. The main residence features a spacious layout with 3 bedrooms, 3 bathrooms, a versatile bonus room, and a cozy loft area, complemented by an attached 2BR/1BA apartment, ideal for guests. While this home is a remarkable find for those seeking space and potential, it presents a fantastic opportunity to build your own dream home on this great piece of land! Don't miss out on making this unique property your own and enjoy the best of nature's beauty and convenience. *note some photos are virtually staged

2730 Orchard Lane, Excelsior

Listing courtesy of eXp Realty.

$3,500,000
4 Beds ⋅ 4 Baths ⋅ 7097164 MLS
Rare opportunity to own 268 ft. of Lake Minnetonka shoreline, facing West! Orientation matters & this two-story home is perfectly situated on nearly an acre of low-bank waterfront. The stunning lake views & incredible sunsets are visible before you even step through the front door. A true gem, this 5,000 sq ft custom-built home has been well maintained by its original owners, which leaves only personal cosmetic updates for you to make it your own. The main level features an expansive primary suite, dedicated office space, towering great room, a beautiful 3-season porch & views from almost every room. The architecture shines on the upper level & somehow the views continue to get better. Creative storage options on the main & upper levels complement the large attached garage & upper level loft access. Convenient location with easy access to Excelsior, the Lake Minnetonka Regional Trail, downtown Minneapolis & the airport. Coveted Minnetonka school district.

5360 Howards Point Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$1,700,000
2 Beds ⋅ 2 Baths ⋅ 7114731 MLS
Enjoy tremendous views of St. Alban’s Bay on Lake Minnetonka from this spacious second-floor, one-level villa at St. Alban’s Bay Villas — perfectly positioned between Excelsior Bay and St. Alban’s Bay. Walk to Excelsior, the Commons, shops, dining, and Maynard’s. This bright and comfortable two-bedroom, two-bath home features a generous living room with a cozy fireplace and large windows capturing beautiful lake views. New carpet and paint. The primary suite includes its own private bathroom, while the additional bedroom and bath provide excellent flexibility for guests or everyday living. Convenient main-floor laundry and a private deck enhance the ease of living. Closest condo to the boat slip, offering direct access out the back of the unit — just steps away for effortless enjoyment of Lake Minnetonka. Two parking spots in the underground heated garage add everyday convenience. Community amenities include a boat slip on Lake Minnetonka, making it easy to enjoy the water all season long. A fantastic location with exceptional views and walkability — lakeside living at its best.

21957 Minnetonka Boulevard Unit 17, Excelsior

Listing courtesy of Trenary Realty Group.

$1,150,000
4 Beds ⋅ 4 Baths ⋅ 7117277 MLS
Spacious and inviting 4-bedroom, 4-bathroom home in a fantastic location! All four bedrooms are conveniently located on the upper level, along with an upper-level laundry area, plus an additional laundry space in the lower level for added convenience. The large open kitchen features expansive windows overlooking the private, tree-lined backyard, creating the perfect gathering space for cooking, entertaining, or enjoying everyday living. Relax in the cozy living room with a charming wood-burning fireplace. The main level also offers a versatile flex room that is ideal as a home office, den, playroom, or additional living area to fit your lifestyle. The finished lower level provides even more flexible space that can serve as a family room, recreation area, home gym, or potential fifth bedroom. A detached 2-car garage provides ample storage and parking. Enjoy the lifestyle this location offers with eligibility to apply for a city boat dock, easy access to the lake for swimming, and a short walk to downtown restaurants, coffee shops, shopping, and more. This home combines comfort, functionality, and an exceptional location!

311 3rd Street, Excelsior

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$1,650,000
5 Beds ⋅ 6 Baths ⋅ 7117460 MLS
Stunning executive home offering views of Lake Minnewashta. Exceptional craftsmanship throughout. Highly-sought after, Arbor Cove neighborhood, nestled on a .64-acre lot with a private, tree-lined backyard. It offers an expansive floor plan and high-quality finishes; every detail has thoughtfully designed. The impressive main level showcases a gourmet kitchen with a spacious walk-in pantry, Granite countertops, upgraded appliances, formal and informal dining areas, coffee/wet bar, and an elegant living room featuring custom built-ins and dramatic floor-to-ceiling windows, elegant wood beams overlooking the private backyard. Entertain with ease in the formal dining room, seamlessly connected to butler's pantry. An incredible office space features custom built-ins, two powder rooms, and an exceptional mudroom complete with an oversized, walk-in closet, built-in lockers, and desk area. Upstairs, you'll find four spacious bedrooms, including a luxurious owner's suite, a private ensuite bathroom, and two additional bedrooms connected by a Jack-and-Jill baths. Every bedroom features a walk-in closet with custom organization. A generous bonus room provides the perfect space for a playroom, media room, home office, additional family room, or a fantastic flex space. The beautifully finished lower level is filled with natural light from daylight windows and offers a 5th bedroom, expansive family room, wet bar, recreation room, home gym, and abundant storage. Outdoor living is equally impressive with a screened porch, maintenance-friendly deck, and an expansive backyard with a hidden wooded clearing—perfect for exploring, relaxing, or entertaining. Heated three-car garage. Ideally located just minutes from shopping, dining, parks, trails, and all that the Lake Minnewashta area has to offer. An exceptional opportunity in a highly sought-after location. Don’t wait to see this one!

7410 Dogwood Road, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$1,585,000
4 Beds ⋅ 4 Baths ⋅ 7117211 MLS
Experience modern luxury and exceptional energy efficiency in this stunning new construction home, ideally located within walking distance of charming downtown Excelsior and situated in the highly sought-after Minnetonka School District. Set on nearly one acre in a quiet neighborhood, this thoughtfully designed home offers 4 bedrooms, 4 bathrooms, and an open, light-filled floor plan with soaring 10-foot ceilings and expansive energy-efficient windows that fill the home with natural light. The gourmet kitchen features professional-grade appliances, sleek modern cabinetry, beautiful quartz countertops, and premium finishes, while hardwood floors flow throughout the main living spaces. Designed with both style and performance in mind, this home combines timeless modern design with outstanding craftsmanship and energy efficiency. Enjoy the perfect balance of privacy, convenience, and luxury just minutes from Lake Minnetonka, restaurants, shopping, parks, and everything downtown Excelsior has to offer. Home is currently under construction with an estimated completion in approximately 6–8 weeks.

6160 Cardinal Drive, Excelsior

Listing courtesy of Bridge Realty, LLC.

$825,000
3 Beds ⋅ 3 Baths ⋅ 7116271 MLS
Built in 2013 and ideally located just blocks from Lake Minnetonka and the shops, restaurants, and lakeside charm of downtown Excelsior, this architecturally distinctive contemporary-inspired home blends exceptional craftsmanship, energy-efficient construction, and timeless design in a peaceful wooded setting. The dramatic two-story great room is filled with natural light from expansive energy-efficient windows, while the open loft creates a striking architectural feature and an ideal home office. White oak flooring, quartz countertops, and a commercial-style dual-fuel gas range with electric oven showcase the home's thoughtful design. Premium construction includes structural insulated panel (SIP) construction, a thermal mass insulated foundation, energy-efficient fiberglass windows, a standing seam metal roof, and a high-efficiency two-stage Lennox furnace. The private primary suite is tucked just off the loft, while the finished lower level offers two additional bedrooms, bath, laundry, and a versatile flex space. An expansive unfinished bonus area above the garage provides exceptional storage and future potential. Relax on the South American hardwood deck overlooking the serene wooded setting, with the Lake Minnetonka Regional Trail just moments away. A rare opportunity to own an architecturally distinctive home offering contemporary design, exceptional efficiency, and an unbeatable lifestyle.

21160 Forest Drive, Excelsior

Listing courtesy of Coldwell Banker Realty.

$920,000
4 Beds ⋅ 4 Baths ⋅ 7115637 MLS
Nestled on a private, tree-filled acre on a quiet cul-de-sac, the outdoor setting is truly extraordinary. Crafted by renowned luxury builder John Kraemer & Sons, this exceptional executive residence is set on one of the most remarkable one-acre properties within the prestigious Minnetonka Public Schools district. Offering 4,600 square feet of beautifully designed living space, this home delivers the perfect blend of elegance, comfort, and lifestyle. Thoughtfully equipped with exceptional systems and upgrades including a whole-home Generac generator, central vacuum, reverse osmosis drinking water system, water softener, humidifier, newer furnace, double water heaters, central air, and multiple refrigerators. The exterior showcases durable stucco, a newly replaced roof, flashing, and most windows. For added peace of mind, the sellers have also completed extensive professional inspections, full remediation and additional state of the art improvements and the home comes with a clean bill of health—allowing buyers to enjoy this exceptional property with confidence. A massive new composite deck overlooks the park, creating a peaceful retreat for entertaining or relaxing. The property also features a charming playhouse, dog fence, full irrigation system, and unbeatable walkability to a world-class Minnetonka elementary school, beach, marina, regional bike trails, and scenic Freeman Park just steps away. Inside, a dramatic sunlit two-story entry and great room welcome you with soaring vaulted ceilings, extensive built-ins, and rich hardwood floors. The main level showcases a highly sought-after private primary suite with walk-in closet, spa-like bath with jetted tub and walk-in shower, and direct deck access. Entertain effortlessly in the formal dining room with cherry floors, elegant butler’s pantry, wet bar, and a spacious chef’s kitchen featuring stainless appliances and a large granite center island. Additional highlights include a knotty pine sunroom with skylights, inviting gas fireplace living room, oversized mudroom/laundry, and a spacious three-car garage. A hidden fitness center with heated jetted hot tub adds a rare luxury feature. The finished lower level offers high ceilings, maple floors, a large family room with cozy wood-burning fireplace, built-ins, a spacious bedroom, French-door executive office, mirrored library/workout room, cedar-lined closet, and an expansive utility/workshop space. Upstairs features two oversized bedrooms and a full bath with dual vanity. Offering timeless craftsmanship, extensive capital improvements, thoughtful upgrades, and an unbeatable setting, this remarkable property is truly a rare find in the coveted Minnetonka area.

26335 Peach Circle, Excelsior

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

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.