Excelsior Homes under $750,000

**Discover Excelsior, Minnesota: A Hidden Gem on the Lake**

Nestled along the picturesque shores of Lake Minnetonka, Excelsior, Minnesota, is a charming city that beautifully blends small-town warmth with modern conveniences. Known for its vibrant downtown, Excelsior is a delightful destination for both residents and visitors alike. With its historic buildings, boutique shops, and waterfront parks, this quaint community offers a unique lifestyle that’s hard to resist.

One of the most appealing aspects of Excelsior is its diverse range of homes available for under $750,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking a family-friendly neighborhood, Excelsior has something for everyone. From cozy bungalows with character to contemporary townhomes boasting stunning lake views, you’ll find a variety of options that cater to different tastes and budgets.

The city’s strong sense of community is evident in its numerous events and festivals throughout the year, including the popular Excelsior Art on the Lake and the annual Fourth of July celebration. Residents enjoy easy access to outdoor activities such as boating, fishing, and hiking, all while being just a short drive from the bustling Twin Cities.

Excelsior’s excellent schools and friendly atmosphere make it an ideal place to raise a family or enjoy a peaceful retirement. With its captivating charm and affordable housing options, Excelsior invites you to explore the possibilities of calling this beautiful lakeside city your home. Embrace the lifestyle you’ve always dreamed of in Excelsior, where every day feels like a vacation!

Newest Excelsior Homes under $750,000

$724,900

5 Beds ⋅ 4 Baths ⋅ 7153461 MLS

Situated on a gorgeous 3/4-acre level lot, this Shorewood home offers an exceptional blend of space, functionality, and unbeatable lifestyle in the highly desirable Minnetonka School District. Ideally positioned just minutes from Lake Minnetonka, the charming shops and dining of downtown Excelsior, and extensive local trail networks, this property captures the very best of suburban lakeside living. An inviting open foyer welcomes you inside, thoughtfully designed with a convenient laundry closet. Straight ahead, a formal living room flows naturally into the heart of the home: an inviting kitchen complete with an informal dining space that opens directly into the family room. Ideal for multi-generational living or flexible hosting, the main floor features a private bedroom with an adjacent full bath. Tucked away down a separate main-level wing, you will find a quiet home office paired with a 3/4 bath, offering the perfect work-from-home setup. Upstairs in the main residence, three additional bright and airy bedrooms share another well-appointed 3/4 bath. The lower-level basement extends your living options even further with a finished flex room—ideal for a workout space or playroom—plus vast unfinished space for all your storage needs. The true highlight of this property is the massive, fully heated and insulated detached garage. Rising above this impressive garage structure is a giant, light-filled entertainment and media room equipped with its own wet bar, creating an incredible, private retreat designed for game days, movie nights, or hosting large gatherings. Step outside to your personal outdoor sanctuary: a sprawling, level backyard featuring a lush lawn, beautiful green space, and sunny patio areas perfect for grilling, relaxing, and summer outdoor living.

25745 Wild Rose Lane, Excelsior

Listing courtesy of Redfin Corporation.

$535,000

4 Beds ⋅ 2 Baths ⋅ 7143846 MLS

Your own private oasis in the heart of Tonka Bay! Set on a spacious .59-acre lot with mature trees and peaceful wetland views, this 4-bedroom, 2-bath home offers the perfect blend of privacy and Lake Minnetonka lifestyle. Walk via the nearby fire lane to Lake Minnetonka or downtown Excelsior or hop not he Regional Trail. Inside, the bright and inviting main level features hardwood floors and an easy flow from the spacious living and dining rooms into the kitchen with plentiful space. Step outside to enjoy multiple outdoor living spaces including a large deck, hot tub, beautiful hardscaping, blue stone paver patio with hanging bed, boulder boarders and fire pit overlooking the wetlands. Two bedrooms and an updated bath complete the main level, while the lower level offers a second family room, two additional bedrooms and a spacious bath with an oversized shower and future potential for a sauna or steam shower. New light fixtures and custom window shades throughout. Hard to find 620+ sq. ft. heated and insulated garage with room for boats, toys and more. All of this in the Minnetonka School District, just minutes from everything Excelsior has to offer.

10 Woodlawn Avenue, Excelsior

Listing courtesy of RE/MAX Results.

$550,000

3 Beds ⋅ 2 Baths ⋅ 7140532 MLS

Welcome to 4305 Cottagewood Ct, located in the highly sought-after Woodland Cove neighborhood just moments from the shores of Lake Minnetonka. This charming 3BD/2BA home delivers true main level living in a meticulously maintained 2018 build — all the appeal of nearly new construction with none of the wait. Thoughtfully designed and well appointed throughout, the open floor plan spans 1,800 sq ft and flows effortlessly from living spaces to a stunning deck surrounded by beautiful, mature landscaping — perfect for relaxing or entertaining. The unfinished basement arrives already plumbed for a bathroom, offering incredible potential to add value and square footage on your timeline. Woodland Cove residents enjoy an exceptional lifestyle with resort-style shared amenities including a sparkling pool, clubhouse, recreation area, pickleball courts, and scenic walking trails — all just minutes from everything Lake Minnetonka has to offer. Homes like this don't last. Schedule your showing today.

4305 Cottagewood Court, Excelsior

Listing courtesy of Edina Realty, Inc..

$750,000

2 Beds ⋅ 2 Baths ⋅ 7134250 MLS

Experience the best of downtown Excelsior living in this beautifully updated Wyer Hill residence, just steps from Lake Minnetonka, Water Street shops, restaurants, trails, and year-round community events. The thoughtfully redesigned floor plan features an open-concept layout with a stunning oversized Venetian plaster center island, updated cabinetry, backsplash, newer refrigerator and dishwasher, custom ceiling beams, new lighting, fresh paint, and new blinds throughout. With two private bedroom suites on opposite sides of the home, this layout offers exceptional comfort and privacy. The spacious covered deck with updated railings is perfect for relaxing or entertaining. Amenities include a fitness center, guest suite, heated underground parking with two stalls, storage room, elevator, and car wash station. HOA dues cover internet, cable/DIRECTV, water, sewer, trash, snow removal, and landscaping. Recent building updates include new hallway lighting and upcoming new carpet throughout common areas. Enjoy a carefree, lock-and-leave lifestyle in one of Lake Minnetonka's most coveted communities!

205 Mill Street Unit S204, Excelsior

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$574,900

3 Beds ⋅ 2 Baths ⋅ 7122163 MLS

Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities. Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. Bring your builder, your vision, and create something exceptional in Excelsior.

111 1st Street, Excelsior

Listing courtesy of Compass.

$599,000

4 Beds ⋅ 3 Baths ⋅ 7123402 MLS

Prime Excelsior location—walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails. This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office. Separate climate controlled studio/office ideal for remote work, fitness, or creative use. Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard. Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation. Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring. Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.

542 3rd Avenue, Excelsior

Listing courtesy of Coldwell Banker Realty.

$635,000

4 Beds ⋅ 2 Baths ⋅ 7122918 MLS

An acre-plus of mature trees, total privacy, and a home with real history; this is the kind of setting that rarely comes up in Excelsior. Tucked into a quiet, wooded enclave just minutes from the lakes and easy access to Highway 7, 6930 Foxglove Circle delivers the rare combination of seclusion and convenience. The current owners undertook a thoughtful renovation that respects the home's original character: refinished hardwood floors, fresh paint, designer wallpaper, updated lighting, and refreshed bathrooms; all executed to preserve the historic detail rather than erase it. Three wood-burning fireplaces anchor the home's warmth, while two separate living rooms give you room to spread out, entertain, or just close a door. A formal dining room sets the stage for real gatherings, and four bedrooms plus two bathrooms comfortably fit family or guests. A basement workshop rounds things out for anyone who wants dedicated project space. Homes with this much land, this much character, and this much privacy don't come around often; this is one to see in person.

6930 Foxglove Circle, Excelsior

Listing courtesy of Rize Realty.

$499,999

3 Beds ⋅ 3 Baths ⋅ 7121634 MLS

RARE OPPORTUNITY MINUTES TO THE HEART OF EXCELSIOR Unlock the full potential of this prime Excelsior address. Nestled on Echo Road in one of the Twin Cities' most sought-after communities, this property offers a rare chance to renovate an existing home or build your dream residence from the ground up all in a location that's truly hard to beat. Situated just minutes from the charming shops, restaurants, bike paths, and lakefront of downtown Excelsior, and with easy access to Lake Minnetonka and several marinas, this is the kind of address buyers wait years for. The established neighborhood features mature trees, generous lot sizes, and a quiet, residential feel that perfectly balances convenience with tranquility. Located in the top-rated Minnetonka School District. Whether you're an investor, builder, or buyer with a vision, the bones are here - bring your plans and make it your own. Properties in this corridor don't come available often, and with comparable homes on Echo Road commanding strong values, the upside is undeniable. Priced for opportunity. Sold as-is. Schedule your showing today.

5690 Echo Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$575,000

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.

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