This home's estimate is 33.6% lower than the average sale price ($691K) of 6 comparable homes.
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2240 Melody Hill Rd, Excelsior, MN 55331
About this home
Welcome to this beautifully updated 3BR, 2BA home nestled on spacious .69-acre flat lot in the highly coveted Minnetonka School District. With 2,050 sq ft of thoughtfully designed living space, this home features an abundance of natural light and an open-concept kitchen and dining area, perfect for entertaining. Enjoy the benefits of recent updates including a newer roof, windows, and appliances, ensuring peace of mind for years to come. The Main level boats two well-appointed bedrooms and tastefully updated bathrooms. The expansive lower-level family room offers a versatile space for relaxation or entertaining, complete with modern finishes and ample storage. Located just steps from MMW, this home is also an excellent investment with an assumable FHA mortgage at 2.75%. Living in Excelsior means you're part of a vibrant community rich in history and charm. Enjoy easy access to Lake Minnetonka, where you can indulge in boating, fishing, and scenic walks!
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Market trends in 55331, MN
Last updated October 2026
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Sale history for 2240 Melody Hill Rd





Nicely updated home on .69 acre flat lot in the Minnetonka School District! Abundant natural light, open-concept kitchen/dining, newer roof, windows, appliances and more. Two beds on the main level, nicely updated bathrooms - large lower level family room and steps to MMW!
Tax history for 2240 Melody Hill Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Attached Garage, Asphalt, Garage Door Opener
- Garage Spaces: 1
- Garage Sq. Ft.: 200
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms: 3
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- Description: 3/4 Basement,Main Floor Full Bath
- Room 1 Information
- Room Type: Dining Room
- Room Dimensions: 11.5x11
- Room Level: Main
- Room 2 Information
- Room Type: Family Room
- Room Dimensions: 19.5x14.5
- Room Level: Lower
- Room 3 Information
- Room Type: Bedroom 1
- Room Dimensions: 11.5x10
- Room Level: Main
- Room 4 Information
- Room Type: Kitchen
- Room Dimensions: 13x11.5
- Room Level: Main
- Room 5 Information
- Room Type: Living Room
- Room Dimensions: 20x11.5
- Room Level: Main
- Room 6 Information
- Room Type: Patio
- Room Dimensions: 20x11
- Room Level: Main
- Room 7 Information
- Room Type: Bedroom 2
- Room Dimensions: 10.5x10
- Room Level: Main
- Room 8 Information
- Room Type: Bedroom 3
- Room Dimensions: 20x9
- Room Level: Lower
- Basement Information
- Has Basement
- Basement Features: Block, Egress Window(s), Finished, Full
- Dining Room Information
- Dining Room Features: Informal Dining Room,Kitchen/Dining Room
- Other Rooms Information
- Main Floor Bedroom
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 2
- Fireplace Features: Family Room, Gas, Living Room, Wood Burning
- Heating & Cooling
- Heating Information: Baseboard, Hot Water
- Cooling Information: Window Unit(s)
- Interior Features
- Room Type: Dining Room, Family Room, Bedroom 1, Kitchen, Living Room, Patio, Bedroom 2, Bedroom 3
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Exterior
- Building Information
- Construction Materials: Brick/Stone, Wood Siding
- Foundation Area: 1,025
- Roof: Age 8 Years or Less, Asphalt
- Exterior Features
- Fencing: Chain Link, Full
- Property Information
- Above Ground Total Sq. Ft.: 1,025
- Below Ground Total Sq. Ft.: 1,025
- FractionalOwnershipYN: No
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Above Grade Finished Area: 1,025
- Below Grade Finished Area: 712
- Amenities: Cable,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Washer/Dryer Hookup,Walk-In Closet
- Lot Information
- Lot Size Area: 0.69
- Lot Size Units: Acres
- Lot Size Dimensions: 127x268x122x168
- Road Frontage Type: City Street, Cul De Sac
Financial
- Tax Information
- Tax Annual Amount: $3,266
- Tax Year: 2023
- Tax With Assessments: $3,266
- Lease / Rent Details
- RentalLicense Y/N: No
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: Circuit Breakers, 100 Amp Service
- Power Company Name: Xcel Energy
- 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: Hwy 7 to 41 S, East on Chaska Rd, Right on Melody Hill Rd.
- Map Coordinate: 117-D4
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,720
- Stories: 1.0
- Lot Size: 0.78 acres
- Style: Single Family Residential
- Year Built: 1964
- Year Renovated: 1964
- County: Carver County
- APN: 25.110008
Other
- Home Information
- Living Area: 1737
- Main Level Finished Area: 1025.0000
- Building Area Total: 2050
- Age Of Property: 61
- Levels: One
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 0.9mi
Public 6-8 • Assigned • 0.2mi
Public 9-12 • Assigned • 3.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 98° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 1 days in 30 years
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.
Nearby similar homes
New listings for sale in 55331
Home values near 2240 Melody Hill Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 1736 Sq. Ft. | $507,174 |
3 Beds | 2 Baths | 1152 Sq. Ft. | $370,970 |
4 Beds | 4 Baths | - Sq. Ft. | $1,022,166 |
3 Beds | 3 Baths | - Sq. Ft. | $858,465 |
4 Beds | 4 Baths | - Sq. Ft. | $703,455 |
6 Beds | 3 Baths | 3614 Sq. Ft. | $859,930 |
4 Beds | 4 Baths | 4169 Sq. Ft. | $883,283 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | - Sq. Ft. | $674,851 |
3 Beds | 2 Baths | 1486 Sq. Ft. | $377,330 |
4 Beds | 2 Baths | 3264 Sq. Ft. | $825,445 |
- Beds | - Baths | - Sq. Ft. | $1,065,273 |
2 Beds | 3 Baths | - Sq. Ft. | $537,318 |
5 Beds | 4 Baths | - Sq. Ft. | $856,989 |
5 Beds | 4 Baths | - Sq. Ft. | $887,904 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | - Sq. Ft. | $908,636 |
4 Beds | 4 Baths | - Sq. Ft. | $1,351,292 |
4 Beds | 3 Baths | - Sq. Ft. | $932,275 |
3 Beds | 4 Baths | 2864 Sq. Ft. | $696,885 |
5 Beds | 4 Baths | - Sq. Ft. | $874,734 |
4 Beds | 3 Baths | - Sq. Ft. | $634,793 |
4 Beds | 4 Baths | - Sq. Ft. | $887,022 |
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