Off Market May 2025 for $1.2M

$1,408,633

Est. refi paymentEst. refi $5,915/mo

•

—

sq ft

243 3rd St, Excelsior, MN 55331

About this home

This is the Excelsior village property you've been waiting for. Turn-key with a careful balance of vintage farmhouse detailing, significant remodeling and recent updates inside and out, this is the perfect home base for enjoying the Excelsior lifestyle. Built in 1885, the home is centrally located one block off Water Street where you'll enjoy an authentically vibrant small town feel offering an abundance of amazing restaurants, coffee shops, a grocery store, and boutique shopping. It's also just a short walk to the shores of Lake Minnetonka, the Excelsior Commons, and beaches. The classically appointed chef's kitchen features custom cherry cabinetry, Wolf range, Sub-Zero refrigerator, soapstone countertops, and ample natural light. On the 2nd level there are 3 bedrooms, 2 bathrooms, and a laundry room right outside the primary suite. There's even a petite vineyard lining the driveway with Marquette and Frontenac grapes. The 2-car detached garage offers significant storage above or the ideal future studio, office, or playroom. There is also space to add a porch or room addition off the rear of the home. Minnetonka schools and Excelsior Elementary, boat slip waiting-list through the City.

Single-familyProperty Type

1885Year Built

6,534 sq ftLot Size

2 car garageParking

Listed by Michael Monson • The Landschute Group,Inc.

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6691588

Redfin Estimate

$1,408,633

$134K since sold in May 2025$29K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 55.9% higher than the average sale price ($904K) of 4 comparable homes.

SOLD MAY 6, 2026
$410,000
A
3 beds2 baths— sq ft
400 Mill St, Excelsior, MN 55331
SOLD MAY 22, 2026
$1,885,000
B
Land— sq ft
805 Hidden Ln, Excelsior, MN 55331
SOLD APR 20, 2026
$915,000
C
4 beds3 baths— sq ft
516 Grace St, Excelsior, MN 55331
SOLD MAY 22, 2026
$405,000
D
2 beds2 baths— sq ft
332 Mill St, Excelsior, MN 55331

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Earn from this home

Sell

$328,693

Est. take-home

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Refinance

Est. cash available

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Rent

$3,880/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

99.9%

0.3% MoM

Median sale price

$820K

$20K MoM

Avg. days on market

24d

5 days MoM

Recently sold homes

124

11 MoM

New listings for sale

COMING SOON
$500,000
3 beds2 baths1,853 sq ft
20860 Excelsior Blvd, Greenwood, MN 55331
OPEN SAT, 11AM TO 1PM
$824,900
4 beds3 baths3,893 sq ft
269 Tristan Dr, Excelsior, MN 55331
$1,200,000
4 beds2 baths1,602 sq ft
26750 Smithtown Rd, Shorewood, MN 55331
COMING SOON
$1,749,000
5 beds5 baths5,252 sq ft
4264 Woodland Ct, Minnetrista, MN 55331
$775,000
2 beds2 baths1,423 sq ft
205 Mill St Unit S204, Excelsior, MN 55331
3D WALKTHROUGH
$619,000
5 beds2 baths2,246 sq ft
25715 Wild Rose Ln, Shorewood, MN 55331
$595,000
4 beds3 baths2,059 sq ft
5665 Star Cir, Shorewood, MN 55331
3D WALKTHROUGH
$1,375,000
4 beds4 baths4,113 sq ft
2180 Crestview Dr, Excelsior, MN 55331
$1,099,000
3 beds3 baths3,226 sq ft
23780 Lawtonka Dr, Shorewood, MN 55331
$750,000
3 beds4 baths2,724 sq ft
20452 Knightsbridge Rd, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 243 3rd St

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6691588

May 15, 2025

Sold

$1,275,000

Apr 4, 2025

Pending

—

Mar 29, 2025

Contingent

—

Mar 25, 2025

Listed

$1,299,999

NORTHSTARMLS as Distributed by MLS Grid #5494419

Apr 15, 2020

Sold

$900,000

Mar 16, 2020

Pending

—

Mar 6, 2020

Listing Removed

—

Feb 26, 2020

Listed

$925,000

+21

Located in the "heart of the village", this original Excelsior home has been completely remodeled. Built in 1885, this farmhouse style home was moved to its current location in 1906. Located on 3rd Street, it is just one block from Excelsior's historic downtown, 2 blocks from Kowalski's, and 4 blocks from Lake Minnetonka. Tons of curb appeal with a dock space on Lake Minnetonka available through the City. Mini-vineyard consisting of Frontenac and Marquette grapes planted along the driveway. New HVAC, plumbing, electric, windows, siding and roof. Recently remodeled kitchen, bathrooms and bedrooms. Hardwood floors throughout. Spacious rooms with 9' ceilings on the entire first floor. Second floor laundry. Freshly painted rooms and trim completed February 13. New tiled backsplash in the kitchen completed February 6. Stainless steel Wolf Range and Subzero Refrigerator / Freezer. Porch added in 2015. New retaining wall constructed in 2018. Large 2 car garage with potential studio space abov

NORTHSTARMLS as Distributed by MLS Grid #4099686

Oct 4, 2012

Sold

$315,000

Jul 19, 2012

Listing Removed

—

Nov 1, 2011

Listed

$345,000

Public Records

Aug 18, 2004

Sold

$309,900

NORTHSTARMLS as Distributed by MLS Grid #2288220

Jul 21, 2004

Listing Removed

—

Jun 19, 2004

Listed

$309,900

Year

Property tax

Land + Additions

Assessment*

2026

$16,464 (+19.4%)

$655,000 + $552,500

$1,207,500

2025

$13,784 (+16.3%)

$640,000 + $553,600

$1,193,600

2024

$11,851 (+7.4%)

$554,000 + $521,900

$1,075,900

2023

$11,032 (−1.7%)

$471,000 + $512,000

$983,000

2022

$11,218 (+7.2%)

$471,000 + $412,000

$883,000

2021

$10,461 (+1.2%)

$410,000 + $346,000

$756,000

2020

$10,339 (+5.7%)

$396,000 + $331,000

$727,000

2019

$9,777 (+7.6%)

$365,000 + $327,000

$692,000

2018

$9,086 (+16.5%)

$365,000 + $284,000

$649,000

2017

$7,798 (+29.3%)

$257,000 + $302,000

$559,000

2015

$6,032 (+29.1%)

$218,000 + $207,000

$425,000

2014

$4,671 (+6.5%)

2013

$4,388 (+1.2%)

2012

$4,334

Tax history for 243 3rd St

Year

Property tax

Land + Additions

Assessment*

2026

$16,464 (+19.4%)

$655,000 + $552,500

$1,207,500

2025

$13,784 (+16.3%)

$640,000 + $553,600

$1,193,600

2024

$11,851 (+7.4%)

$554,000 + $521,900

$1,075,900

2023

$11,032 (−1.7%)

$471,000 + $512,000

$983,000

2022

$11,218 (+7.2%)

$471,000 + $412,000

$883,000

2021

$10,461 (+1.2%)

$410,000 + $346,000

$756,000

2020

$10,339 (+5.7%)

$396,000 + $331,000

$727,000

2019

$9,777 (+7.6%)

$365,000 + $327,000

$692,000

2018

$9,086 (+16.5%)

$365,000 + $284,000

$649,000

2017

$7,798 (+29.3%)

$257,000 + $302,000

$559,000

2015

$6,032 (+29.1%)

$218,000 + $207,000

$425,000

2014

$4,671 (+6.5%)

2013

$4,388 (+1.2%)

2012

$4,334

*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

2.5

Stories

1.75

Lot width

—

Lot depth

110 ft.

Lot size

6,534 Sq. Ft.

Year renovated

2006

Sq. Ft.

1,498

Year built

1885

Style

Single Family Residential

County

Hennepin County

APN

34 117 23 12 0064

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking Information
Parking Features: Concrete
Garage Spaces: 2
Garage Dimensions: 24x23
Garage Sq. Ft.: 552
Garage Door Height: 7
Garage Door Width: 18
Carport Spaces: 0

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Quarter Baths (Total): 1
Description: 3/4 Primary,Main Floor 1/2 Bath,Upper Level Full Bath

Room 1 Information
Room Type: Dining Room
Room Dimensions: 14.5x16
Room Level: Main

Room 2 Information
Room Type: Bedroom
Room Dimensions: 10x13
Room Level: Upper

Room 3 Information
Room Type: Foyer
Room Dimensions: 10x10
Room Level: Main

Room 4 Information
Room Type: Kitchen
Room Dimensions: 12x20
Room Level: Main

Room 5 Information
Room Type: Laundry
Room Dimensions: 7x7
Room Level: Upper

Room 6 Information
Room Type: Living Room
Room Dimensions: 14x15
Room Level: Main

Room 7 Information
Room Type: Porch
Room Level: Main

Room 8 Information
Room Type: Bedroom 2
Room Dimensions: 10x14
Room Level: Upper

Room 9 Information
Room Type: Bedroom 3
Room Dimensions: 9.5x13
Room Level: Upper

Laundry Room Information
Laundry Features: Laundry Room, Upper Level

Basement Information
Has Basement
Basement Features: Unfinished

Dining Room Information
Dining Room Features: Separate/Formal Dining Room

Other Rooms Information
Primary Bdr Suite,Renovated

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

Exterior

Building Information
Foundation Area: 1,100
Roof: Asphalt, Metal

Exterior Features
Patio Porch Type: Front Porch,Patio

Property Information
Above Ground Total Sq. Ft.: 2,100
FractionalOwnershipYN: No
Property Type: Residential
Other Structures: Garage(s)
Above Grade Finished Area: 2,100
Amenities: Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,Tile Floors

Lot Information
Lot Features: Tree Coverage - Medium
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Dimensions: 58.66x110
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $11,851
Tax Year: 2024
Tax With Assessments: $11,851

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: 9524015000

Location Information
Directions: Hwy 7 to 2nd Street Left on Water Street Right on 3rd Street to home.
Map Coordinate: 117-E3

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,498
Stories: 1.75
Lot Size: 6,534 square feet
Style: Single Family Residential
Year Built: 1885
Year Renovated: 2006
County: Hennepin County
APN: 34 117 23 12 0064

Home facts updated by county records on Jul 21, 2026

Other

Home Information
Living Area: 2100
Living Area Units: Square Feet
Main Level Finished Area: 1100
Building Area Total: 2100
Foundation Details: Stone
Foundation Dimensions: 26x42
Levels: Two

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 0.3mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.3mi

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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$1.34M – $1.62M

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Nearby similar homes

$775,000

2 beds2 baths1,423 sq ft

205 Mill St Unit S204, Excelsior, MN 55331

NEW CONSTRUCTION

$2,295,000

5 beds4 baths5,571 sq ft

85 Brentwood Ave, Excelsior, MN 55331

$299,000

Land— sq ft

21155 Minnetonka Blvd, Shorewood, MN 55331

$499,999

3 beds3 baths2,484 sq ft

5690 Echo Rd, Shorewood, MN 55331

NEW CONSTRUCTION

$1,889,000

5 beds5 baths4,550 sq ft

6456 Yosemite Ln, Excelsior, MN 55331

NEW CONSTRUCTION

$4,195,000

4 beds4 baths4,661 sq ft

254 Lake St, Excelsior, MN 55331

New listings for sale in 55331

COMING SOON

$500,000

3 beds2 baths1,853 sq ft

20860 Excelsior Blvd, Greenwood, MN 55331

OPEN SAT, 11AM TO 1PM

$824,900

4 beds3 baths3,893 sq ft

269 Tristan Dr, Excelsior, MN 55331

$1,200,000

4 beds2 baths1,602 sq ft

26750 Smithtown Rd, Shorewood, MN 55331

COMING SOON

$1,749,000

5 beds5 baths5,252 sq ft

4264 Woodland Ct, Minnetrista, MN 55331

$775,000

2 beds2 baths1,423 sq ft

205 Mill St Unit S204, Excelsior, MN 55331

3D WALKTHROUGH

$619,000

5 beds2 baths2,246 sq ft

25715 Wild Rose Ln, Shorewood, MN 55331

$595,000

4 beds3 baths2,059 sq ft

5665 Star Cir, Shorewood, MN 55331

3D WALKTHROUGH

$1,375,000

4 beds4 baths4,113 sq ft

2180 Crestview Dr, Excelsior, MN 55331

$1,099,000

3 beds3 baths3,226 sq ft

23780 Lawtonka Dr, Shorewood, MN 55331

Home values near 243 3rd St

Data from public records.

Address	Redfin Estimate
200 3rd St, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,507,898
221 3rd St, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,284,696

Address	Redfin Estimate
250 3rd St, Excelsior, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,229,892
216 3rd St, Excelsior, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$937,505

Address	Redfin Estimate
215 3rd St, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,359,469
240 3rd St, Excelsior, MN 3 Beds \| 4.5 Baths \| 3011 Sq. Ft.	$930,342

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 243 3rd St

Tax history for 243 3rd 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 243 3rd St

More real estate resources