SOLD MAY 8, 2026

Sold on May 2026

$669,400

•

—

sq ft

248 Center St, Excelsior, MN 55331

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About this home

Nestled on a quiet street in the Village of Excelsior, this cozy cottage offers an opportunity to embrace one of the most sought-after settings steps from Lake Minnetonka. Whether you envision creating an in-town summer cabin, taking on a renovation project, or you’re looking for a premier site to build new, the possibilities here are exceptional. Sited on a tree-lined corner, a detached shed provides additional storage while the lot offers an opportunity to build a two-car garage. Just a short stroll from iconic Water Street where boutiques, award-winning dining, coffee shops, and the vibrant energy of this historic lake town await. Spend summer evenings at Concerts in the Commons and take part in Excelsior’s beloved year-round community events, including Art on the Lake, Lake Minnetonka’s Fourth of July, Apple Days and much more. Adventure beyond the village by hopping on the nearby Lake Minnetonka LRT Regional Trail for miles of scenic biking and walking. Residents of Excelsior can apply for a dock slip on Lake Minnetonka through the City’s dock program, availability is limited and there is currently a waiting list.

Single-familyProperty Type

1900Year Built

6,534 sq ftLot Size

Listed by Sharla Stafford • Coldwell Banker Realty

Listed by Eric Stafford

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7037595

Redfin Estimate

$720,691

$51K since sold in May 2026$36K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.6% lower than the average sale price ($854K) of 6 comparable homes.

SOLD MAY 22, 2026
$465,000
A
3 beds2 baths— sq ft
4830 West Ln, Minnetonka, MN 55345
SOLD MAR 31, 2026
$900,000
B
3 beds3 baths— sq ft
210 George St, Excelsior, MN 55331
SOLD MAY 15, 2026
$437,000
C
3 beds2 baths— sq ft
18917 Chestnut Ln, Minnetonka, MN 55345
SOLD JUL 15, 2026
$2,640,000
D
3 beds3 baths— sq ft
215 W Point Rd, Excelsior, MN 55331
SOLD AUG 27, 2026
$515,000
E
4 beds2 baths— sq ft
4830 Shady Ln N, Minnetonka, MN 55345
SOLD AUG 31, 2026
$168,000
F
1 bed1 bath— sq ft
3800 Park Ln, Spring Park, MN 55384

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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

$4,250,000
4 beds4 baths5,764 sq ft
28028 Woodside Rd, Shorewood, MN 55331
COMING SOON
$1,995,000
5 beds4 baths5,092 sq ft
28010 Boulder Bridge Dr, Shorewood, MN 55331
OPEN TUE, 11AM TO 2PM
$1,895,000
2 beds2 baths1,890 sq ft
5525 Timber Ln, Shorewood, MN 55331
$999,999
3 beds3 baths3,328 sq ft
5900 Ayrshire Ln, Shorewood, MN 55331
$1,249,000
4 beds4 baths3,336 sq ft
20 Willow Wood Dr, Excelsior, MN 55331
$570,000
3 beds2 baths1,810 sq ft
4305 Cottagewood Ct, Minnetrista, MN 55331
$2,199,700
6 beds5 baths7,500 sq ft
20650 Parkview Ln, Shorewood, MN 55331
$1,999,700
4 beds5 baths4,871 sq ft
5950 Boulder Bridge Ln, Shorewood, MN 55331
$1,749,000
5 beds5 baths5,252 sq ft
4264 Woodland Ct, Minnetrista, MN 55331
3D WALKTHROUGH
$999,900
5 beds5 baths4,603 sq ft
4605 Sunset Ln, Minnetrista, MN 55331
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Sale and tax history for 248 Center St

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #7037595

May 8, 2026

Sold

$669,400

Apr 8, 2026

Pending

—

Apr 6, 2026

Listed

$650,000

NORTHSTARMLS as Distributed by MLS Grid #3358229

Aug 24, 2007

Listing Removed

—

Apr 11, 2007

Listed

$399,000

NORTHSTARMLS as Distributed by MLS Grid #3001589

Apr 19, 2005

Listing Removed

—

Mar 9, 2005

Listed

$349,000

NORTHSTARMLS as Distributed by MLS Grid #1048422

Sep 30, 1994

Listing Removed

—

Mar 30, 1994

Listed

$139,900

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Year

Property tax

Land + Additions

Assessment*

2026

$9,436 (+4.0%)

$655,000 + $178,000

$833,000

2025

$9,072 (+17.5%)

$640,000 + $181,000

$821,000

2024

$7,720 (+13.7%)

$554,000 + $183,100

$737,100

2023

$6,788 (−9.8%)

$471,000 + $174,000

$645,000

2022

$7,526 (+5.5%)

$471,000 + $156,000

$627,000

2021

$7,133 (+2.2%)

$456,000 + $146,000

$602,000

2020

$6,981 (+5.3%)

$440,000 + $137,000

$577,000

2019

$6,630

$406,000 + $141,000

$547,000

2018

$6,629 (+21.3%)

$406,000 + $126,000

$532,000

2017

$5,467 (+0.3%)

$285,000 + $151,000

$436,000

2015

$5,450 (+26.9%)

$242,000 + $142,000

$384,000

2014

$4,296 (+4.6%)

$155,000 + $130,000

$285,000

2013

$4,109 (−2.8%)

$142,000 + $137,000

$279,000

2012

$4,228

$163,000 + $138,000

$301,000

Public record

Beds

Baths

1.5

Stories

1.5

Lot width

—

Lot depth

110 ft.

Lot size

6,534 Sq. Ft.

Year renovated

1960

Sq. Ft.

1,088

Year built

1900

Style

Timeshare

County

Hennepin County

APN

34 117 23 12 0063

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking Information
Parking Features: On-Street Parking Only

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 2

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

Room 1 Information
Room Type: Dining Room
Room Dimensions: 15 x 11
Room Level: Main

Room 2 Information
Room Type: Family Room
Room Dimensions: 14 x 11
Room Level: Main

Room 3 Information
Room Type: Bedroom
Room Dimensions: 11 x 10
Room Level: Main

Room 4 Information
Room Type: Informal Dining Room
Room Dimensions: 7 x 6
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Dimensions: 11 x 9
Room Level: Main

Room 6 Information
Room Type: Loft
Room Dimensions: 11 x 13
Room Level: Upper

Room 7 Information
Room Type: Mud Room
Room Dimensions: 7 x 5
Room Level: Main

Room 8 Information
Room Type: Bedroom 2
Room Dimensions: 11 x 10
Room Level: Upper

Laundry Room Information
Laundry Features: Gas Dryer Hookup, Lower Level, Sink, Washer Hookup

Basement Information
Has Basement
Basement Features: Block, Partial, Unfinished

Dining Room Information
Dining Room Features: Breakfast Area,Eat In Kitchen,Informal Dining Room,Living/Dining Room,Separate/Formal Dining Room

Other Rooms Information
Main Floor Bedroom

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

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Window Unit(s)

Interior Features
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances

Exterior

Building Information
Construction Materials: Frame
Foundation Area: 880
Roof: Asphalt, Pitched

Exterior Features
Exterior Features: Wood

Property Information
Above Ground Total Sq. Ft.: 1,280
Below Ground Total Sq. Ft.: 162
FractionalOwnershipYN: No
Property Type: Residential
Other Structures: Storage Shed
Above Grade Finished Area: 1,280
Amenities: Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom,Skylight,Walk-In Closet

Lot Information
Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Dimensions: 110x58.66
Road Frontage Type: City Street, Curbs, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $9,436
Tax Year: 2026
Tax With Assessments: $9,436

Utilities

Utility Information
Water Source: City Water/Connected
Electric: Circuit Breakers
Power Company Name: Xcel Energy
Sewer: City Sewer/Connected
Fuel: Electric,Natural Gas

Location

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 9524015000

Location Information
Directions: Water Street to 3rd Street, west to Center St. to home on left
Map Coordinate: 117-E3

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,088
Stories: 1.5
Lot Size: 6,534 square feet
Style: Timeshare
Year Built: 1900
Year Renovated: 1960
County: Hennepin County
APN: 34 117 23 12 0063

Home facts updated by county records on Jul 21, 2026

Other

Home Information
Living Area: 1280
Living Area Units: Square Feet
Main Level Finished Area: 880
Building Area Total: 1442
Foundation Details: Block
Levels: One and One Half

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

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

$685,000 – $829,000

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Nearby similar homes

NEW CONSTRUCTION3D WALKTHROUGH

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New listings for sale in 55331

$4,250,000

4 beds4 baths5,764 sq ft

28028 Woodside Rd, Shorewood, MN 55331

COMING SOON

$1,995,000

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28010 Boulder Bridge Dr, Shorewood, MN 55331

OPEN TUE, 11AM TO 2PMVIDEO TOUR

$1,895,000

2 beds2 baths1,890 sq ft

5525 Timber Ln, Shorewood, MN 55331

$999,999

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5900 Ayrshire Ln, Shorewood, MN 55331

$1,249,000

4 beds4 baths3,336 sq ft

20 Willow Wood Dr, Excelsior, MN 55331

$570,000

3 beds2 baths1,810 sq ft

4305 Cottagewood Ct, Minnetrista, MN 55331

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6 beds5 baths7,500 sq ft

20650 Parkview Ln, Shorewood, MN 55331

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Home values near 248 Center St

Data from public records.

Address	Redfin Estimate
234 Center Street, Excelsior, MN 3 Beds \| 1.5 Baths \| 1275 Sq. Ft.	$831,194
240 Center Street, Excelsior, MN 3 Beds \| 1 Baths \| 1068 Sq. Ft.	$563,305

Address	Redfin Estimate
233 Center Street, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,181,895
220 Center Street, Excelsior, MN 6 Beds \| 4 Baths \| - Sq. Ft.	$1,467,520

Address	Redfin Estimate
237 Center Street, Excelsior, MN 5 Beds \| 3.5 Baths \| 3582 Sq. Ft.	$990,085
228 Center Street, Excelsior, MN 3 Beds \| 1.5 Baths \| 2106 Sq. Ft.	$858,702

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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248 Center St, Excelsior, MN 55331

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About this home

Redfin Estimate

Market trends in 55331, MN

Homeowner tools

Sale and tax history for 248 Center St

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55331

Home values near 248 Center St

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