OFF MARKET

Off market nov 2021 for $2.2M

$4,098,141

Est. refi paymentEst. refi $10,878/mo

•

2.5 ba

•

2,012

sq ft

162 W Lake St, Excelsior, MN 55331

About this home

Rare find - Lakeshore in the heart of Excelsior with sugar sand beach, mile long views and superb sunsets. 1st time offered in 60 years – a terrific spot to enjoy all the Lake Minnetonka area has to offer with an EZ walk to the downtown for shopping, dining and more... Property lends itself to an extensive remodel or tear down and build new. Survey, floor plan and pre-list inspection are attached as supplements on MLS. Listing agent to accompany all showings - see MLS agent remarks regarding this.

Single-familyProperty Type

2022Year Built

0.27 acresLot Size

$2,037Est. Price/Sq.Ft.

3 garage spacesParking

Listed by Joel Hentges • RE/MAX Advantage Plus

Source:NORTHSTARMLS as Distributed by MLS Grid #5690961

Redfin Estimate

$4,098,141

$1.9M since sold in November 2021$86K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 154.9% higher than the average sale price ($1.61M) of 6 comparable homes.

SOLD SEP 15, 2026
$855,000
A
4 beds4 baths— sq ft
23355 Academy Ave, Shorewood, MN 55331
SOLD JUL 6, 2026
$3,425,000
B
5 beds3 baths— sq ft
5080 Meadville St, Greenwood, MN 55331
SOLD JUN 23, 2026
$1,575,000
C
5 beds4 baths— sq ft
121 Courtland St, Excelsior, MN 55331
SOLD OCT 7, 2026
$1,150,000
D
4 beds4 baths— sq ft
311 3rd St, Excelsior, MN 55331
SOLD APR 20, 2026
$915,000
E
4 beds3 baths— sq ft
516 Grace St, Excelsior, MN 55331
SOLD JUL 30, 2026
$1,725,000
F
5 beds5 baths— sq ft
180 Bell St, Excelsior, MN 55331

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Earn from this home

Sell

$2,254,823

Est. take-home

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Refinance

Est. cash available

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Rent

$4,921/mo

Redfin rental estimate

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Market trends in 55331, MN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

0.6% MoM

Median sale price

$855K

$28K MoM

Avg. days on market

29d

7 days MoM

Recently sold homes

112

8 MoM

New listings for sale

OPEN FRI, 4PM TO 5:30PM
$1,100,000
2 beds2 baths1,101 sq ft
423 Lake St, Excelsior, MN 55331
COMING SOON
$1,775,000
5 beds5 baths4,817 sq ft
20750 Parkview Ln, Shorewood, MN 55331
$845,000
3 beds4 baths4,406 sq ft
4905 Regents Walk, Shorewood, MN 55331
$725,000
4 beds4 baths3,165 sq ft
26145 Oak Leaf Trl, Shorewood, MN 55331
$1,549,862
3 beds3 baths3,787 sq ft
3961 White Oak Ln, Excelsior, MN 55331
$579,900
4 beds3 baths2,612 sq ft
542 3rd Ave, Excelsior, MN 55331
OPEN SAT, 12PM TO 3PM
$389,000
3 beds2 baths1,452 sq ft
5530 Wedgewood Dr, Shorewood, MN 55331
$1,499,700
2 beds2 baths2,236 sq ft
21957 Minnetonka Blvd #17, Greenwood, MN 55331
$455,000
3 beds2 baths1,760 sq ft
4955 Saint Albans Bay Rd, Shorewood, MN 55331
$585,000
4 beds4 baths2,852 sq ft
4280 Cottagewood Ct, Minnetrista, MN 55331
See all

Provided by Redfin

Sale history for 162 W Lake St

Date

Event

Price

Public Records

Nov 10, 2021

Sold

$2,220,000

$1,103/sq ft

NORTHSTARMLS as Distributed by MLS Grid #5690961

Apr 19, 2021

Sold

$2,100,000

$1,044/sq ft

Feb 21, 2021

Pending

—

Jan 18, 2021

Listed

$2,100,000

$1,044/sq ft

Jan 8, 2021

Coming Soon

$2,100,000

$1,044/sq ft

+18

Year

Property tax

Land + Additions

Assessment*

2026

$56,575 (+21.6%)

$2,028,700 + $1,924,300

$3,953,000

2025

$46,541 (+76.2%)

$2,028,700 + $1,323,600

$3,352,300

2024

$26,410 (+9.5%)

$1,795,300 + $199,800

$1,995,100

2023

$24,112 (+14.4%)

$1,575,000 + $215,000

$1,790,000

2022

$21,075 (+5.7%)

$1,250,000 + $189,000

$1,439,000

2021

$19,933 (+5.4%)

$1,190,000 + $179,000

$1,369,000

2020

$18,918 (−1.0%)

$1,093,000 + $172,000

$1,265,000

2019

$19,103 (+9.7%)

$1,093,000 + $184,000

$1,277,000

2018

$17,421 (−0.6%)

$994,000 + $176,000

$1,170,000

2017

$17,518 (+9.2%)

$994,000 + $160,000

$1,154,000

2015

$16,046 (+11.4%)

$864,000 + $160,000

$1,024,000

2014

$14,406 (+10.6%)

$730,000 + $148,000

$878,000

2013

$13,022 (+0.7%)

$662,000 + $156,000

$818,000

2012

$12,936

$682,000 + $166,000

$848,000

Tax history for 162 W Lake St

Year

Property tax

Land + Additions

Assessment*

2026

$56,575 (+21.6%)

$2,028,700 + $1,924,300

$3,953,000

2025

$46,541 (+76.2%)

$2,028,700 + $1,323,600

$3,352,300

2024

$26,410 (+9.5%)

$1,795,300 + $199,800

$1,995,100

2023

$24,112 (+14.4%)

$1,575,000 + $215,000

$1,790,000

2022

$21,075 (+5.7%)

$1,250,000 + $189,000

$1,439,000

2021

$19,933 (+5.4%)

$1,190,000 + $179,000

$1,369,000

2020

$18,918 (−1.0%)

$1,093,000 + $172,000

$1,265,000

2019

$19,103 (+9.7%)

$1,093,000 + $184,000

$1,277,000

2018

$17,421 (−0.6%)

$994,000 + $176,000

$1,170,000

2017

$17,518 (+9.2%)

$994,000 + $160,000

$1,154,000

2015

$16,046 (+11.4%)

$864,000 + $160,000

$1,024,000

2014

$14,406 (+10.6%)

$730,000 + $148,000

$878,000

2013

$13,022 (+0.7%)

$662,000 + $156,000

$818,000

2012

$12,936

$682,000 + $166,000

$848,000

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

Property details

Interior

Basement Information
Basement Sq. Ft: 1,060

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1

Heating & Cooling
Heating Type: Forced Air

Fireplace Information
Has Fireplace

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Exterior Wall: Stucco
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable

Property Information
Subdivision Name: AUDITORS SUB 135
Living Sq. Ft: 2,012
Gross Sq. Ft: 3,072
Adjusted Gross Sq. Ft: 3,180
Ground Floor Sq. Ft: 894
Building Sq. Ft: 3,072
# of Stories: 2.25
Stories Type: 2 1/4
Legal Description: LOT 092 AUDITOR'S SUBD. NO. 135 THAT PART OF LOTS 91 AND 92 LYING NELY OF A LINE DESC AS COM AT MOST SLY COR OF LOT 91 TH ON AN ASSUMED BEARING OF N 51 DEG 44 MIN E ALONG SELY LINE THOF 70 FT TO ACTUAL PT OF BEG OF LINE BEING DESC TH N 32 DEG 19 MIN W ALONG A LINE PAR WITH SWLY LINE OF SAID LOT 91 DIS 36.15 FT TH S 57 DEG 21 MIN W 2.57 FT TH N 34 DEG 49 MIN 20 SEC W 26.87 FT TH N 33 DEG 09 MIN 05 SEC W 38.23 FT TH N 31 DEG 59 MIN 05 SEC W 35.14 FT TH N 46 DEG 24 MIN W 0.61 FT TH N 29 DEG 04 MIN W 40 FT TH N 57 DEG 21 MIN E 1.16 FT TH N 30 DEG 09 MIN 20 SEC W 51.68 FT TH N 32 DEG 39 MIN W TO SHORE OF LAKE MTKA AND THERE TERMINATING

Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 726
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,761
Legal Lot Number: 92
Municipality Name: EXCELSIOR
Acres: 0.27
Depth Footage: 245
Front Footage: 48
County Use Description: RESID. LAKE SHORE

Location Information
Parcel Location Influence: Lake

Utility Information
Electricity / Wiring Type: Average Wiring

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 2,012
Stories: 2.25
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 2022
Year Renovated: 2022
County: Hennepin County
APN: 27 117 23 43 0019

Home facts updated by county records on Oct 17, 2026

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 • 3.0mi

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

$3.89M – $4.71M

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Nearby similar homes

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Meandering creek • Two story great room • Beautiful stonework

New listings for sale in 55331

OPEN FRI, 4PM TO 5:30PM

$1,100,000

2 beds2 baths1,101 sq ft

423 Lake St, Excelsior, MN 55331

Lake front community • Boat slip • Dock

COMING SOON

$1,775,000

5 beds5 baths4,817 sq ft

20750 Parkview Ln, Shorewood, MN 55331

Quiet cul-de-sac • Bright open foyer • Wood floors

$845,000

3 beds4 baths4,406 sq ft

4905 Regents Walk, Shorewood, MN 55331

Tranquil pond views • Open-concept living • Spacious kitchen

$725,000

4 beds4 baths3,165 sq ft

26145 Oak Leaf Trl, Shorewood, MN 55331

Backyard sport court • Wet bar • Nearby parks

$1,549,862

3 beds3 baths3,787 sq ft

3961 White Oak Ln, Excelsior, MN 55331

Gourmet kitchen • Walk-in pantry • Dedicated coffee bar

$579,900

4 beds3 baths2,612 sq ft

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Excelsior location • Walk to downtown • Lake minnetonka

OPEN SAT, 12PM TO 3PM3D WALKTHROUGH

$389,000

3 beds2 baths1,452 sq ft

5530 Wedgewood Dr, Shorewood, MN 55331

New appliances • Walk out basement • 0.42 acre lot

$1,499,700

2 beds2 baths2,236 sq ft

21957 Minnetonka Blvd #17, Greenwood, MN 55331

Tremendous views • Private deck • Boat slip

$455,000

3 beds2 baths1,760 sq ft

4955 Saint Albans Bay Rd, Shorewood, MN 55331

Large open kitchen • Spacious dining room • 7,840 sq ft lot

Home values near 162 W Lake St

Data from public records.

Address	Redfin Estimate
127 W Lake Street, Excelsior, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$2,638,372
161 W Lake Street, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$950,943

Address	Redfin Estimate
177 W Lake Street, Excelsior, MN 3 Beds \| 3 Baths \| 2295 Sq. Ft.	$938,070
141 W Lake Street, Excelsior, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$2,693,084

Address	Redfin Estimate
153 W Lake Street, Excelsior, MN 2 Beds \| 3.5 Baths \| 1715 Sq. Ft.	$1,050,025
126 W Lake Street, Excelsior, MN 3 Beds \| 2.5 Baths \| 1636 Sq. Ft.	—

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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 162 W Lake St

Tax history for 162 W Lake St

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 162 W Lake St

More real estate resources