OFF MARKET

Off Market Jul 2022 for $1.2M

$1,218,026

•

—

sq ft

262 Lake St, Excelsior, MN 55331

About this home

Undoubtedly one of Excelsior's finest and most historic homes is now available for the first time in years. Perched above the shores of Excelsior Bay 262/264 Lake St also known as the Kalorama Cottage. It was Originally built in 1882 as a summer boarding house and was later converted to a duplex. Each side has a kitchen, living room, dining room, 3 bedrooms and a wonderful 3 season porch offering amazing views of Excelsior Bay. This home is number #12 on the list of Historic Preservation Landmarks and remodeling of the exterior will have to be approved by the Historic Preservation Commission Remodeling of the inside does not require approval from the Commission and the home could be converted to a single-family home if desired. Extensive remodeling is needed and most of the value is in the land.

Multi-familyProperty Type

1900Year Built

7,405 sq ftLot Size

2 car garageParking

Listed by Kristi Weinstock • Coldwell Banker Realty

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6216563

Redfin Estimate

$1,218,026

$32K since sold in July 2022$31K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 106.1% higher than the average sale price ($591K) of 6 comparable homes.

SOLD JUN 29, 2026
$780,000
A
4 beds3 baths— sq ft
35 Center St, Excelsior, MN 55331
SOLD OCT 23, 2025
$365,000
B
3 beds3 baths— sq ft
351 Morse Ave, Excelsior, MN 55331
SOLD APR 10, 2026
$425,000
C
5 beds2 baths— sq ft
401 Highway 7, Excelsior, MN 55331
SOLD JUN 26, 2026
$1,065,000
D
4 beds4 baths— sq ft
185 W Lake St, Excelsior, MN 55331
SOLD JUN 5, 2026
$461,000
E
4 beds3 baths— sq ft
1405 Field Creek Cir, Victoria, MN 55386
SOLD JUL 22, 2026
$450,000
F
4 beds2 baths— sq ft
1417 Mcknight Cir, Victoria, MN 55386

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$226,027

Est. take-home

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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 TODAY, 1:30PM TO 3:30PM
$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 TODAY, 12PM 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
OPEN TODAY, 11AM TO 1PM
$570,000
3 beds2 baths1,810 sq ft
4305 Cottagewood Ct, Minnetrista, MN 55331
OPEN TODAY, 11AM TO 1PM
$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
See all

Provided by Redfin

Sale history for 262 Lake St

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6399433

May 21, 2024

Listing Removed

—

Apr 22, 2024

Price Changed

$1,150,000

Aug 8, 2023

Relisted

—

Jul 14, 2023

Pending

—

Jul 10, 2023

Listed

$1,250,000

NORTHSTARMLS as Distributed by MLS Grid #6325761

Jul 10, 2023

Listing Removed

—

May 10, 2023

Price Changed

$1,200,000

Mar 16, 2023

Price Changed

$1,250,000

Jan 25, 2023

Listed

$1,300,000

Jan 23, 2023

Coming Soon

NORTHSTARMLS as Distributed by MLS Grid #6216563

Jul 1, 2022

Sold

$1,250,000

Jun 20, 2022

Pending

—

Jun 13, 2022

Listed

$1,150,000

Jun 11, 2022

Coming Soon

$1,150,000

Year

Property tax

Land + Additions

Assessment*

2026

$14,090 (+2.5%)

$1,025,000 + $20,000

$1,045,000

2025

$13,744 (+19.2%)

$1,037,500 + $8,900

$1,046,400

2024

$11,526 (+18.3%)

$906,300 + $8,800

$915,100

2023

$9,744 (+1.8%)

$761,000 + $9,000

$770,000

2022

$9,574 (+4.0%)

$761,000 + $8,000

$769,000

2021

$9,202 (−3.0%)

$738,000 + $8,000

$746,000

2020

$9,483 (−15.6%)

$738,000 + $8,000

$746,000

2019

$11,230 (+0.4%)

$820,000 + $33,000

$853,000

2018

$11,190 (+30.4%)

$820,000 + $5,000

$825,000

2017

$8,579 (+27.4%)

$639,000 + $5,000

$644,000

2015

$6,733 (−9.2%)

$493,000 + $5,000

$498,000

2014

$7,413 (+2.1%)

$403,000 + $5,000

$408,000

2013

$7,260 (+1.2%)

$403,000 + $5,000

$408,000

2012

$7,171

$417,000 + $5,000

$422,000

Tax history for 262 Lake St

Year

Property tax

Land + Additions

Assessment*

2026

$14,090 (+2.5%)

$1,025,000 + $20,000

$1,045,000

2025

$13,744 (+19.2%)

$1,037,500 + $8,900

$1,046,400

2024

$11,526 (+18.3%)

$906,300 + $8,800

$915,100

2023

$9,744 (+1.8%)

$761,000 + $9,000

$770,000

2022

$9,574 (+4.0%)

$761,000 + $8,000

$769,000

2021

$9,202 (−3.0%)

$738,000 + $8,000

$746,000

2020

$9,483 (−15.6%)

$738,000 + $8,000

$746,000

2019

$11,230 (+0.4%)

$820,000 + $33,000

$853,000

2018

$11,190 (+30.4%)

$820,000 + $5,000

$825,000

2017

$8,579 (+27.4%)

$639,000 + $5,000

$644,000

2015

$6,733 (−9.2%)

$493,000 + $5,000

$498,000

2014

$7,413 (+2.1%)

$403,000 + $5,000

$408,000

2013

$7,260 (+1.2%)

$403,000 + $5,000

$408,000

2012

$7,171

$417,000 + $5,000

$422,000

*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

Stories

Lot width

55 ft.

Lot depth

132 ft.

Lot size

7,405 Sq. Ft.

Year renovated

2020

Sq. Ft.

2,856

Year built

1900

Style

Other

County

Hennepin County

APN

34 117 23 11 0133

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking Information
Parking Features: Detached, Gravel
Garage Spaces: 2
Garage Dimensions: 36 x 20
Garage Sq. Ft.: 720

Interior

Basement Information
Has Basement
Basement Features: Full

Heating & Cooling
Heating Information: Forced Air

Exterior

Building Information
Construction Materials: Wood Siding
Foundation Area: 1,290
Roof: Age Over 8 Years, Asphalt, Pitched

Exterior Features
Fencing: None

Waterfront Information
Waterfront Features: Lake View
Water Body Name: Minnetonka
Waterfront Num: 27013300
Lake Acres: 14,729
Lake Classification: General Development
Lake Depth: 113
Road Between Waterfront And Home Y/N: Yes

Property Information
Total Sq. Ft.: 2,580
Above Ground Total Sq. Ft.: 2,580
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Duplex Side by Side
Above Grade Finished Area: 2,580
Range Num: One Per Unit

Lot Information
Lot Features: Public Transit (w/in 6 blks), Property Adjoins Public Land, Tree Coverage - Medium
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Dimensions: 55 x 132
Road Frontage Type: City Street, Curbs, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $9,202
Tax Year: 2022
Tax With Assessments: $9,202

Lease / Rent Details
RentalLicense Y/N: No

Utilities

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

Location

Multi-Unit Information
# of Units (Total): 2

Unit Type 1 Information
Sq. Ft.: 1,920
# of Rooms Total: 6
# of Bedrooms: 3
# of Bathrooms: 1
# of Full Bathrooms: 1
# of Units: 1

Unit Type 2 Information
Sq. Ft.: 1,290
# of Rooms Total: 6
# of Bedrooms: 3
# of Bathrooms: 1
# of Full Bathrooms: 1
# of Units: 1

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

Location Information
Directions: Second Street north of Water St, right on Center St, left on 1st St, right on the alley behind the home. There is a paid parking on Lake Street if you want to park in front on home.
Map Coordinate: 117-E3

Public facts

Beds: 6
Baths: 2.0
Sq. Ft.: 2,856
Stories: 2.0
Lot Size: 7,405 square feet
Style: Other
Year Built: 1900
Year Renovated: 2020
County: Hennepin County
APN: 34 117 23 11 0133

Home facts updated by county records on Jul 21, 2026

Other

Home Information
Living Area: 2580
Main Level Finished Area: 1290.0000
Foundation Dimensions: 43 x 60
Age Of Property: 123
Levels: Two

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 0.4mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.5mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 2.7mi

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

$1.16M – $1.40M

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New listings for sale in 55331

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Home values near 262 Lake St

Data from public records.

Address	Redfin Estimate
254 Lake St, Excelsior, MN 4 Beds \| 4 Baths \| 4661 Sq. Ft.	$3,909,060
248 Lake St, Excelsior, MN 4 Beds \| 3 Baths \| 4034 Sq. Ft.	$1,783,419

Address	Redfin Estimate
274 Lake St, Excelsior, MN 2 Beds \| 2 Baths \| 2158 Sq. Ft.	$1,585,212
200 Lake St, Excelsior, MN 5 Beds \| 7 Baths \| - Sq. Ft.	$6,407,735

Address	Redfin Estimate
236 Lake St, Excelsior, MN 4 Beds \| 3 Baths \| 2340 Sq. Ft.	$1,379,306
224 Lake St, Excelsior, MN 4 Beds \| 5 Baths \| 3236 Sq. Ft.	$920,586

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2022. 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 262 Lake St

Tax history for 262 Lake 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 262 Lake St

More real estate resources