OFF MARKET

Off Market Dec 2023 for $1.1M

$1,298,232

Est. refi paymentEst. refi $3,836/mo

•

—

sq ft

122 1st St, Excelsior, MN 55331

About this home

SOLD BEFORE PRINT. Downtown Excelsior living at its finest! Steps from Lake Minnetonka, this two-story home boasts three bedrooms, three bathrooms and a two-car attached garage. Beautifully redesigned and remodeled by Landschute in 2008. The front door opens to reveal the inviting living room with original hardwood floors and gas fireplace. Overlooking the dining room, the gourmet kitchen offers custom cabinetry, granite countertops and high-end appliances. Retreat to the upper-level primary suite with vaulted ceiling, walk-in closet, and private full bathroom. An additional bedroom suite with full bathroom completes the upper level. The lower level highlights the family room and third bedroom. Explore Water Street with its boutique shopping, fine dining, and Lake Minnetonka amenities.

Single-familyProperty Type

1915Year Built

6,534 sq ftLot Size

2 car garageParking

Listed by Sarah Polovitz • Compass

Listed by Alexander Anderson

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6436271

Redfin Estimate

$1,298,232

$198K since sold in December 2023$31K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.5% lower than the average sale price ($1.54M) of 6 comparable homes.

SOLD AUG 31, 2026
$366,000
A
3 beds3 baths— sq ft
609 Mill St, Excelsior, MN 55331
SOLD MAY 6, 2026
$410,000
B
3 beds2 baths— sq ft
400 Mill St, Excelsior, MN 55331
SOLD JUN 30, 2026
$490,000
C
3 beds3 baths— sq ft
75 Pleasant Ln E, Excelsior, MN 55331
SOLD MAY 22, 2026
$1,885,000
D
Land— sq ft
805 Hidden Ln, Excelsior, MN 55331
SOLD JUL 15, 2026
$2,640,000
E
3 beds3 baths— sq ft
215 W Point Rd, Excelsior, MN 55331
SOLD JUL 6, 2026
$3,425,000
F
5 beds3 baths— sq ft
5080 Meadville St, Greenwood, MN 55331

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Earn from this home

Sell

$386,629

Est. take-home

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Refinance

Est. cash available

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Rent

$3,508/mo

Redfin rental estimate

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Market trends in 55331, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

0.4% MoM

Median sale price

$882K

$57K MoM

Avg. days on market

22d

0 days MoM

Recently sold homes

123

2 MoM

New listings for sale

OPEN TUE, 11AM TO 1PM
$1,475,000
4 beds4 baths3,432 sq ft
126 Courtland St, Excelsior, MN 55331
$1,350,000
3 beds2 baths2,036 sq ft
603 Lake St #307, Excelsior, MN 55331
OPEN TUE, 11AM TO 1PM
$1,595,000
3 beds3 baths4,095 sq ft
6672 Waterford Ln, Excelsior, MN 55331
OPEN TUE, 11AM TO 1PM
$1,499,900
4 beds5 baths4,788 sq ft
27035 Noble Rd, Shorewood, MN 55331
OPEN TUE, 11AM TO 1PM
$1,349,900
5 beds5 baths4,543 sq ft
27125 Marsh Pointe Ct, Shorewood, MN 55331
$535,000
4 beds2 baths2,105 sq ft
10 Woodlawn Ave, Excelsior, MN 55331
$525,000
3 beds2 baths1,892 sq ft
24850 Amlee Rd, Shorewood, MN 55331
COMING SOON
$569,900
3 beds3 baths2,190 sq ft
4243 Cottagewood Ct, Minnetrista, MN 55331
OPEN TUE, 11AM TO 1PM
$1,995,000
5 beds4 baths5,092 sq ft
28010 Boulder Bridge Dr, Shorewood, MN 55331
$399,900
3 beds3 baths2,347 sq ft
7021 Huckleberry Dr, Minnetrista, MN 55331
See all

Provided by Redfin

Sale history for 122 1st St

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6436271

Dec 1, 2023

Sold

$1,100,000

Oct 12, 2023

Listed

$1,100,000

Oct 12, 2023

Listing Removed

—

NORTHSTARMLS as Distributed by MLS Grid #5320672

Dec 13, 2019

Sold

$836,000

Nov 26, 2019

Pending

—

Nov 20, 2019

Contingent

—

Oct 30, 2019

Price Changed

$860,000

Oct 10, 2019

Listed

$885,000

+43

New price! Sitting atop Excelsior's coveted 1st Street, this sustainable home was comprehensively redesigned and remodeled by Landschute in 2008. From its endless cottage charm to recently installed solar panels, this is a turn key package that is all ready for life by the lake. Truly low maintenance living and a great condo or townhouse alternative. Imagine being just steps from Lake Minnetonka, the Commons, and only a short walk to Water Street where you'll enjoy some of the areas finest restaurants, entertainment, and boutique shopping. Plans are available for adding an additional bedroom and bathroom and/or a 2nd level living room. A front porch could also be added. Boat slip waiting-list through the City and award winning Minnetonka schools.

NORTHSTARMLS as Distributed by MLS Grid #5201498

Aug 26, 2019

Listing Removed

—

Aug 26, 2019

Pending

—

Aug 10, 2019

Relisted

—

Jun 18, 2019

Pending

—

Jun 9, 2019

Contingent

—

Apr 16, 2019

Price Changed

$899,000

Mar 20, 2019

Listed

$939,000

NORTHSTARMLS as Distributed by MLS Grid #4632646

Nov 17, 2015

Sold

$860,000

Oct 13, 2015

Pending

—

Aug 8, 2015

Listed

$879,000

Public Records

Sep 20, 2007

Sold

$325,000

NORTHSTARMLS as Distributed by MLS Grid #3352521

Jul 5, 2007

Listing Removed

—

Apr 2, 2007

Listed

$349,900

NORTHSTARMLS as Distributed by MLS Grid #3319795

Apr 1, 2007

Listing Removed

—

Jan 26, 2007

Listed

$379,900

NORTHSTARMLS as Distributed by MLS Grid #3259889

Jan 25, 2007

Listing Removed

—

Aug 30, 2006

Listed

$384,900

Year

Property tax

Land + Additions

Assessment*

2026

$15,502 (+6.3%)

$655,000 + $486,700

$1,141,700

2025

$14,580 (+14.5%)

$640,000 + $465,200

$1,105,200

2024

$12,733 (+8.9%)

$554,000 + $448,700

$1,002,700

2023

$11,688 (−4.2%)

$471,000 + $437,000

$908,000

2022

$12,206 (+4.3%)

$471,000 + $396,000

$867,000

2021

$11,697 (−10.4%)

$456,000 + $380,000

$836,000

2020

$13,050 (+6.0%)

$440,000 + $457,000

$897,000

2019

$12,312 (+1.6%)

$406,000 + $445,000

$851,000

2018

$12,119 (+56.7%)

$406,000 + $392,000

$798,000

2017

$7,733 (+21.6%)

$271,000 + $284,000

$555,000

2015

$6,358 (+20.5%)

$230,000 + $218,000

$448,000

2014

$5,276 (+2.9%)

$147,000 + $203,000

$350,000

2013

$5,125 (−1.4%)

$135,000 + $213,000

$348,000

2012

$5,197

$155,000 + $215,000

$370,000

Tax history for 122 1st St

Year

Property tax

Land + Additions

Assessment*

2026

$15,502 (+6.3%)

$655,000 + $486,700

$1,141,700

2025

$14,580 (+14.5%)

$640,000 + $465,200

$1,105,200

2024

$12,733 (+8.9%)

$554,000 + $448,700

$1,002,700

2023

$11,688 (−4.2%)

$471,000 + $437,000

$908,000

2022

$12,206 (+4.3%)

$471,000 + $396,000

$867,000

2021

$11,697 (−10.4%)

$456,000 + $380,000

$836,000

2020

$13,050 (+6.0%)

$440,000 + $457,000

$897,000

2019

$12,312 (+1.6%)

$406,000 + $445,000

$851,000

2018

$12,119 (+56.7%)

$406,000 + $392,000

$798,000

2017

$7,733 (+21.6%)

$271,000 + $284,000

$555,000

2015

$6,358 (+20.5%)

$230,000 + $218,000

$448,000

2014

$5,276 (+2.9%)

$147,000 + $203,000

$350,000

2013

$5,125 (−1.4%)

$135,000 + $213,000

$348,000

2012

$5,197

$155,000 + $215,000

$370,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

1.5

Stories

1.5

Lot width

—

Lot depth

130 ft.

Lot size

6,534 Sq. Ft.

Year renovated

2010

Sq. Ft.

1,740

Year built

1915

Style

Single Family Residential

County

Hennepin County

APN

27 117 23 43 0006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage
Garage Spaces: 2
Garage Dimensions: 20x20
Garage Sq. Ft.: 400
Carport Spaces: 0

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
Description: Main Floor 1/2 Bath,Upper Level Full Bath

Room 1 Information
Room Type: Living Room
Room Dimensions: 16x11.5
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 13.5x10.5
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 16.5x10.5
Room Level: Main

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 13.5x12.5
Room Level: Upper

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 10.5x10
Room Level: Upper

Room 6 Information
Room Type: Family Room
Room Dimensions: 16x11.5
Room Level: Lower

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 10x9
Room Level: Lower

Basement Information
Has Basement
Basement Features: Egress Window(s), Finished, Full

Dining Room Information
Dining Room Features: Eat In Kitchen,Informal Dining Room

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas, Living Room

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Family Room, Bedroom 3
Appliances: Cooktop, Dishwasher, Exhaust Fan, Microwave, Refrigerator, Wall Oven

Exterior

Building Information
Construction Materials: Fiber Cement, Wood Siding
Foundation Area: 770
Roof: Asphalt

Exterior Features
Patio Porch Type: Deck,Front Porch

Property Information
Total Sq. Ft.: 2,226
Above Ground Total Sq. Ft.: 1,456
Below Ground Total Sq. Ft.: 770
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,456
Below Grade Finished Area: 446
Amenities: Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Skylight,Tile Floors,Walk-In Closet

Lot Information
Lot Features: Tree Coverage - Medium
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Dimensions: 50x130
Road Frontage Type: City Street, Curbs, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $11,688
Tax Year: 2023
Tax With Assessments: $11,688

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 952-401-5000

Location Information
Directions: Highway 7 to 2nd Street to Center Street to 1st Street
Map Coordinate: 117-E3

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 1,740
Stories: 1.5
Lot Size: 6,534 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: 2010
County: Hennepin County
APN: 27 117 23 43 0006

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 1902
Main Level Finished Area: 770.0000
Age Of Property: 108
Levels: Two

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 0.5mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.5mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 2.9mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Excelsior, MN • 55331

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.23M – $1.49M

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Nearby similar homes

$184,900

2 beds1 bath1,005 sq ft

4397 Wilshire Blvd #103, Mound, MN 55364

$525,000

3 beds2 baths1,892 sq ft

24850 Amlee Rd, Shorewood, MN 55331

FOR SALE BY OWNER

$1,200,000

3 beds3 baths— sq ft

6410 Yosemite, Excelsior, MN 55331

$1,599,000

4 beds4 baths5,706 sq ft

6480 Yosemite Ln, Excelsior, MN 55331

$299,000

Land— sq ft

21155 Minnetonka Blvd, Shorewood, MN 55331

$7,250,000

3 beds3 baths1,351 sq ft

1000 Gale Is, Shorewood, MN 55331

New listings for sale in 55331

OPEN TUE, 11AM TO 1PM

$1,475,000

4 beds4 baths3,432 sq ft

126 Courtland St, Excelsior, MN 55331

$1,350,000

3 beds2 baths2,036 sq ft

603 Lake St #307, Excelsior, MN 55331

OPEN TUE, 11AM TO 1PM

$1,595,000

3 beds3 baths4,095 sq ft

6672 Waterford Ln, Excelsior, MN 55331

OPEN TUE, 11AM TO 1PM

$1,499,900

4 beds5 baths4,788 sq ft

27035 Noble Rd, Shorewood, MN 55331

OPEN TUE, 11AM TO 1PM

$1,349,900

5 beds5 baths4,543 sq ft

27125 Marsh Pointe Ct, Shorewood, MN 55331

$535,000

4 beds2 baths2,105 sq ft

10 Woodlawn Ave, Excelsior, MN 55331

$525,000

3 beds2 baths1,892 sq ft

24850 Amlee Rd, Shorewood, MN 55331

COMING SOON

$569,900

3 beds3 baths2,190 sq ft

4243 Cottagewood Ct, Minnetrista, MN 55331

OPEN TUE, 11AM TO 1PM

$1,995,000

5 beds4 baths5,092 sq ft

28010 Boulder Bridge Dr, Shorewood, MN 55331

Home values near 122 1st St

Data from public records.

Address	Redfin Estimate
135 1st Street, Excelsior, MN 5 Beds \| 2 Baths \| - Sq. Ft.	$1,111,417
125 1st Street, Excelsior, MN 3 Beds \| 1.5 Baths \| 1284 Sq. Ft.	$1,043,667

Address	Redfin Estimate
111 1st Street, Excelsior, MN 3 Beds \| 2 Baths \| 2316 Sq. Ft.	$595,739
147 1st Street, Excelsior, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$683,440

Address	Redfin Estimate
141 1st Street, Excelsior, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$1,020,085
150 1st Street, Excelsior, MN 3 Beds \| 4 Baths \| - Sq. Ft.	$1,306,525

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 122 1st St

Tax history for 122 1st St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55331

Home values near 122 1st St

More real estate resources