254 Lake Street, Excelsior, MN 55331
Local realty services provided by:ERA Prospera Real Estate
254 Lake Street,Excelsior, MN 55331
$5,700,000
- 4 Beds
 - 4 Baths
 - 4,661 sq. ft.
 - Single family
 - Active
 
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 beauty of lakeside living that puts water sports, fine dining, and the coveted Lake Minnetonka lifestyle right at your doorstep. With fresh contemporary design featuring premium finishes throughout, modern energy-efficient systems, move-in ready convenience, and builder warranty protection, this expansive home offers the perfect blend of luxury, location, and lifestyle in one of Minnesota's most desirable communities where every day feels like a vacation and easy Twin Cities access maintains that cherished small-town lake community feel that makes Excelsior truly extraordinary.   
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Home facts
- Year built:2025
 - Listing ID #:6789422
 - Added:47 day(s) ago
 - Updated:November 02, 2025 at 07:05 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)
 
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