This home's estimate is 81.5% higher than the average sale price ($710K) of 6 comparable homes.
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4 1st St, Excelsior, MN 55331
About this home
Extremely rare opportunity to own a spacious townhome just steps from “A-grade” Gideon’s Bay on iconic Lake Minnetonka in Downtown Excelsior! All three townhome owners are able to have a boat slip, and with none currently in use, the new owner can dock their boat immediately in the installed slipno wait. Enjoy exceptional hard sand shoreline & private beachcomplete with front-row views of the spectacular 4th of July fireworks. From the moment you walk in, you're greeted by panoramic lake views and inviting living spaces, including multiple seating areas perfect for entertaining or relaxing with a large paver patio outside. The kitchen features rich hardwood cabinetry, granite countertops, and a layout that flows seamlessly into the main living areas. Upstairs, you'll find three generously sized bedroomsall conveniently located on the same levelwith stunning lake views from every room. Ideally located within walking distance to The Commons, Downtown Excelsior boutique shops & restaurants, and the Lake Minnetonka Regional Trail. Pet-friendly. No rentals. Bring your boat + boat lift, family + friendsLake Life is callingdon’t miss this rare Excelsior lake gem!
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Market trends in 55331, MN
Last updated August 2026
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Sale history for 4 1st St
Tax history for 4 1st St
*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: 2
- Garage Dimensions: 21x21
- Garage Sq. Ft.: 462
- Garage Door Height: 7
- Garage Door Width: 16
Interior
- Bedroom Information
- # of Bedrooms: 3
- Bathroom Information
- # of Full Baths (Total): 2
- # of Half Baths (Total): 1
- Room 1 Information
- Room Type: Bathroom
- Room Dimensions: 12x8
- Room Level: Upper
- Room 2 Information
- Room Type: Bedroom
- Room Dimensions: 19x16
- Room Level: Upper
- Room 3 Information
- Room Type: Foyer
- Room Dimensions: 11x9
- Room Level: Main
- Room 4 Information
- Room Type: Informal Dining Room
- Room Dimensions: 17x12
- Room Level: Main
- Room 5 Information
- Room Type: Kitchen
- Room Dimensions: 19x20
- Room Level: Main
- Room 6 Information
- Room Type: Laundry
- Room Dimensions: 5x13
- Room Level: Main
- Room 7 Information
- Room Type: Living Room
- Room Dimensions: 25x15
- Room Level: Main
- Room 8 Information
- Room Type: Primary Bathroom
- Room Dimensions: 6x10
- Room Level: Upper
- Room 9 Information
- Room Type: Patio
- Room Dimensions: 20x29
- Room Level: Main
- Room 10 Information
- Room Type: Pantry (Walk-In)
- Room Dimensions: 5x11
- Room Level: Main
- Room 11 Information
- Room Type: Bedroom 2
- Room Dimensions: 13x10
- Room Level: Upper
- Room 12 Information
- Room Type: Bedroom 3
- Room Dimensions: 11x13
- Room Level: Upper
- Room 13 Information
- Room Dimensions: 5x14
- Room Level: Upper
- Laundry Room Information
- Laundry Features: Electric Dryer Hookup, Main Level
- Basement Information
- Basement Features: None
- Dining Room Information
- Dining Room Features: Breakfast Area,Informal Dining Room
- Other Rooms Information
- 3 BR on One Level,Main Floor Laundry
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Two Sided, Gas
- Heating & Cooling
- Heating Information: Forced Air, Fireplace(s)
- Cooling Information: Central Air
- Interior Features
- Appliances: Dishwasher, Microwave, Refrigerator
Exterior
- Building Information
- Foundation Area: 1,013
- Roof: Asphalt
- Exterior Features
- Patio Porch Type: Patio
- Exterior Features: Vinyl
- Waterfront Information
- On Waterfront
- Waterfront Features: Association Access, Deeded Access, Dock, Lake Front, Lake View
- Lake Bottom: Hard,Excellent Sand
- Waterfront Feet: 135
- Road Between Waterfront And Home Y/N: N
- Property Information
- Above Ground Total Sq. Ft.: 1,925
- FractionalOwnershipYN: No
- Property Type: Residential
- Attached Property
- Above Grade Finished Area: 1,925
- Amenities: Dock,Hardwood Floors,Patio,Boat Slip,Washer/Dryer Hookup
- Lot Information
- Lot Features: Accessible Shoreline, Public Transit (w/in 6 blks), Tree Coverage - Light
- Lot Size Area: 0.03
- Lot Size Units: Acres
- Lot Size Dimensions: 135' of lakeshore/common
- Road Frontage Type: City Street, Cul De Sac, Paved Streets, Private Road
Financial
- Tax Information
- Tax Annual Amount: $12,389
- Tax Year: 2025
- Tax With Assessments: $12,390
Utilities
- Utility Information
- Water Source: City Water/Connected
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- HOA Information
- Association Name: Cheryl Plaziak
- Has HOA
- Association Amenities: Beach, Dock
- Association Fee: $150
- Association Fee Frequency: Monthly
- Association Fee Includes: Dock, Hazard Insurance, Lawn Care, Snow Removal
- School Information
- High School District: Minnetonka
- School District Number: 276
- School District Phone: 9524015000
- Location Information
- Directions: Excelsior to Lake Street to 1st St
- Map Coordinate: 117-E3
Public facts
- Beds: 3
- Baths: 2.5
- Sq. Ft.: 1,928
- Stories: 2.0
- Lot Size: 1,307 square feet
- Style: Townhouse
- Year Built: 1974
- Year Renovated: 2004
- County: Hennepin County
- APN: 27 117 23 43 0025
Other
- Home Information
- Living Area: 1925
- Living Area Units: Square Feet
- Main Level Finished Area: 985
- Building Area Total: 1925
- Foundation Details: Slab
- Levels: Two
Around this home
Schools
Public K-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 1.6mi
Public 9-12 • Assigned • 2.9mi
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, 13 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 4 1st St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1820 Sq. Ft. | $757,441 |
3 Beds | 2.5 Baths | 1820 Sq. Ft. | $965,871 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | - Sq. Ft. | $1,282,529 |
- Beds | - Baths | - Sq. Ft. | $643,165 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2316 Sq. Ft. | $596,632 |
- Beds | - Baths | - Sq. Ft. | $505,781 |
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