OFF MARKET

Off market apr 2023 for $465K

$641,122

Est. refi paymentEst. refi $2,977/mo

•

—

sq ft

40 Lakeview Ave, Excelsior, MN 55331

About this home

MUST SEE, renovated home that is across the street from Lake Minnetonka. Lake views from the family room, bedroom, deck and more. This home is almost single level living besides laundry. Kitchen, dining room, living room, 3 bedrooms, and 1 bathroom on the main level. Family room, workshop, laundry room, bathroom, and storage space on the lower level. Nicely updated with new kitchen appliances, quartz countertops, fresh paint, new light fixtures, refinished wood floors, luxury vinyl tile floors, carpet, and more. Newer skylight in the dining room. Beautiful deck off the rear of the home that walks out to the concrete patio. Storage building in the backyard. Plenty of parking for a boat and trailer. 100 yards from the local boat launch and the Caribbean Restaurant. Great Tonka Bay city dock program to apply for a dock to use in Tonka Bay. 2 blocks from Wekota Beach Park with a wonderful beach, kid's playground, basketball court, & tennis courts. High Demand Minnetonka School District.

Single-familyProperty Type

1920Year Built

0.26 acresLot Size

1 garage spacesParking

Listed by Ryan Fischer • RE/MAX Results

Redfin checked: a few seconds ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6340660

Redfin Estimate

$641,122

$176K since sold in April 2023$5,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.8% lower than the average sale price ($696K) of 5 comparable homes.

SOLD OCT 2, 2026
$565,000
A
3 beds2 baths— sq ft
20860 Excelsior Blvd, Greenwood, MN 55331
SOLD OCT 13, 2026
$1,725,000
B
2 beds2 baths— sq ft
5525 Timber Ln, Shorewood, MN 55331
SOLD MAY 1, 2026
$225,000
C
3 beds1 bath— sq ft
15 Pleasant Ave, Excelsior, MN 55331
SOLD SEP 18, 2026
$375,000
D
2 beds1 bath— sq ft
21175 Minnetonka Blvd, Shorewood, MN 55331
SOLD OCT 6, 2026
$588,000
E
2 beds1 bath— sq ft
624 Pleasant St, Excelsior, MN 55331

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Earn from this home

Sell

$255,237

Est. take-home

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Refinance

Est. cash available

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Rent

$3,557/mo

Redfin rental estimate

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Market trends in 55331, MN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

0.6% MoM

Median sale price

$855K

$28K MoM

Avg. days on market

29d

7 days MoM

Recently sold homes

112

8 MoM

New listings for sale

NEW 15 HRS AGO
$1,474,900
4 beds4 baths4,622 sq ft
3941 White Oak Ln, Excelsior, MN 55331
$1,100,000
6 beds4 baths4,335 sq ft
4160 Lakeridge Rd, Excelsior, MN 55331
$1,750,000
3 beds3 baths2,637 sq ft
25370 Birch Bluff Rd, Shorewood, MN 55331
$424,999
3 beds2 baths1,684 sq ft
20552 Excelsior Blvd Unit -, Shorewood, MN 55331
$425,000
3 beds3 baths1,667 sq ft
4775 Switchgrass Ln, Minnetrista, MN 55331
$565,000
4 beds2 baths1,873 sq ft
500 William St, Excelsior, MN 55331
OPEN SAT, 11AM TO 12:30PM
$2,250,000
3 beds4 baths2,401 sq ft
5125 West St, Greenwood, MN 55331
$1,299,900
4 beds4 baths4,088 sq ft
5915 Sweetwater Cir, Shorewood, MN 55331
$1,100,000
2 beds2 baths1,101 sq ft
423 Lake St, Excelsior, MN 55331
See all

Provided by Redfin

Sale history for 40 Lakeview Ave

Date

Event

Price

NORTHSTARMLS #6696273

Apr 22, 2025

Rental Removed

$3,000

Apr 2, 2025

Listed for Rent

$3,000

NORTHSTARMLS #6472983

Jan 31, 2024

Rental Removed

$2,800

Jan 2, 2024

Listed for Rent

$2,800

NORTHSTARMLS as Distributed by MLS Grid #6340660

Apr 28, 2023

Sold

$465,000

Apr 7, 2023

Pending

—

Apr 1, 2023

Contingent

—

Mar 15, 2023

Listed

$490,000

NORTHSTARMLS as Distributed by MLS Grid #6222930

Aug 19, 2022

Sold

$475,000

Jul 15, 2022

Pending

—

Jul 8, 2022

Contingent

—

Jun 26, 2022

Price Changed

$499,000

Jun 23, 2022

Listed

$519,000

Jun 21, 2022

Coming Soon

$519,000

+32

MUST SEE, Renovation home across the street from the Lake Minnetonka. Lake views from the family room, bedroom, deck and more. This almost single level living besides laundry. Kitchen, dining room, living room, 3 bedrooms, and 1 bathroom on the main level. Family room, workshop, laundry room, bathroom, and storage space on the lower level. Nicely renovated home with new kitchen appliances, quartz countertops, fresh paint, new light fixtures, refinished wood floors, luxury vinyl tile floors, carpet, and more. Newer skylight in the dining room. Beautiful deck off the rear of the home that walks out to the concrete patio. Storage building in the backyard. Plenty of parking for a boat and trailer. 100 yards from the local boat launch and the Tequila Butcher Restaurant at the Caribbean. Great city dock program to apply for a dock to use in Tonka Bay. 2 blocks from Wekota Beach Park with a wonderful beach, kids park, basketball court, & tennis courts. Minnetonka School District.

Public Records

Jan 3, 2022

Sold

$356,000

NORTHSTARMLS as Distributed by MLS Grid #6107571

Nov 29, 2021

Sold

$356,000

Oct 13, 2021

Listed

$349,900

Oct 13, 2021

Listing Removed

—

Tax history for 40 Lakeview Ave

*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

90 ft.

Lot depth

132 ft.

Lot size

0.26 Acres

Year renovated

1995

Sq. Ft.

1,669

Year built

1920

Style

Single Family Residential

County

Hennepin County

APN

27 117 23 24 0131

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
Garage Spaces: 1
Garage Sq. Ft.: 200
Carport Spaces: 0
Parking Open: 3

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 1
# of Quarter Baths (Total): 1
Description: Basement,Main Floor Full Bath

Room 1 Information
Room Type: Dining Room
Room Dimensions: 9x8
Room Level: Main

Room 2 Information
Room Type: Bedroom 1
Room Dimensions: 19x12
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 16x7
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Dimensions: 23x13
Room Level: Main

Room 5 Information
Room Type: Patio
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 10x10
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 10x10
Room Level: Main

Room 8 Information
Room Type: Deck
Room Level: Main

Room 9 Information
Room Type: Family Room
Room Dimensions: 20x19
Room Level: Lower

Basement Information
Has Basement
Basement Features: Block, Finished, Full, Storage Space, Walkout

Dining Room Information
Dining Room Features: Breakfast Area,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room

Other Rooms Information
3 BR on One Level,All Living Facilities on One Level,Main Floor Bedroom,Renovated

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

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

Interior Features
Room Type: Dining Room, Bedroom 1, Kitchen, Living Room, Patio, Bedroom 2, Bedroom 3, Deck, Family Room
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Exterior

Building Information
Construction Materials: Vinyl Siding
Foundation Area: 1,430
Roof: Asphalt, Flat, Pitched

Exterior Features
Patio Porch Type: Deck,Rear Porch

Pool Information
Pool Features: None

Waterfront Information
Waterfront Features: Lake View, Other
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
Above Ground Total Sq. Ft.: 1,430
Below Ground Total Sq. Ft.: 1,430
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Storage Shed
Above Grade Finished Area: 1,430
Below Grade Finished Area: 418
Amenities: Deck,Hardwood Floors,Kitchen Window,Patio,Skylight,Washer/Dryer Hookup

Lot Information
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Dimensions: 94x155x74x133
Road Frontage Type: City Street, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $4,164
Tax Year: 2023
Tax With Assessments: $4,164.22

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
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: MN 7 to N on Oak St to Smithtown Rd to N on Manitou Rd to E on Tonka Bay Rd to E on Lakeview Ave to House
Map Coordinate: 117-D2

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,669
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1995
County: Hennepin County
APN: 27 117 23 24 0131

Home facts updated by county records on Oct 17, 2026

Other

Home Information
Living Area: 1848
Main Level Finished Area: 1430.0000
Building Area Total: 2860
Age Of Property: 105
Levels: One

Around this home

Schools

K - 12
Preschool & daycare

Minnewashta Elementary School

Public K-5 • Assigned • 2.0mi

9/10

Minnetonka West Middle School

Public 6-8 • Assigned • 2.0mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 3.4mi

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

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.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$610,000 – $738,000

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Land— sq ft

25645 Wildrose Ln, Shorewood, MN 55331

Listed 23 days

New listings for sale in 55331

NEW 15 HRS AGO

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4 beds4 baths4,622 sq ft

3941 White Oak Ln, Excelsior, MN 55331

0.63 acre lot • 3 garage spots • Built 2026

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Outdoor heated pool • Sport court • Flat playable yard

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25370 Birch Bluff Rd, Shorewood, MN 55331

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Wooded backyard • Minnetonka schools • 2 garage spots

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4775 Switchgrass Ln, Minnetrista, MN 55331

End-unit townhome • Open-concept design • Subway tile

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500 William St, Excelsior, MN 55331

Updated kitchen • Privacy fencing • Finished lower level

OPEN SAT, 11AM TO 12:30PM

$2,250,000

3 beds4 baths2,401 sq ft

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Shiplap ceiling • 6,969 sq ft lot • 2 garage spots

$1,299,900

4 beds4 baths4,088 sq ft

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Walkout rambler • Cul-de-sac • Picturesque pond

$1,100,000

2 beds2 baths1,101 sq ft

423 Lake St, Excelsior, MN 55331

Lake front community • Boat slip • Dock

Home values near 40 Lakeview Ave

Data from public records.

Address	Redfin Estimate
65 Lakeview Avenue, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,559,855
90 Lakeview Avenue, Excelsior, MN 3 Beds \| 1 Baths \| - Sq. Ft.	$310,030
25 Lakeview Avenue, Excelsior, MN 4 Beds \| 3.5 Baths \| 3845 Sq. Ft.	$1,536,737
80 Lakeview Avenue, Excelsior, MN 2 Beds \| 1 Baths \| 640 Sq. Ft.	$320,679
75 Lakeview Avenue, Excelsior, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,916,691
20 Waseca Avenue, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$384,463
15 Waseca Avenue, Excelsior, MN - Beds \| - Baths \| - Sq. Ft.	—

Address	Redfin Estimate
20 Lakeview Avenue, Excelsior, MN 2 Beds \| 3 Baths \| - Sq. Ft.	$592,024
55 Lakeview Avenue, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$3,061,815
35 Lakeview Avenue, Excelsior, MN 3 Beds \| 3 Baths \| 2891 Sq. Ft.	$1,540,469
70 Lakeview Avenue, Excelsior, MN 3 Beds \| 1.5 Baths \| 1714 Sq. Ft.	$472,131
45 Lakeview Avenue, Excelsior, MN 1 Beds \| 2 Baths \| - Sq. Ft.	$3,269,257
25 Hillcrest Drive, Excelsior, MN 4 Beds \| 3 Baths \| 2057 Sq. Ft.	$721,178
20 Cedar Street, Excelsior, MN 2 Beds \| 1 Baths \| 1461 Sq. Ft.	$438,768

Address	Redfin Estimate
100 Lakeview Avenue, Excelsior, MN 3 Beds \| 1 Baths \| 972 Sq. Ft.	$276,106
15 Lakeview Avenue, Excelsior, MN 3 Beds \| 2 Baths \| 2136 Sq. Ft.	$1,383,912
10 Lakeview Avenue, Excelsior, MN 4 Beds \| 2 Baths \| 1860 Sq. Ft.	$543,494
85 Lakeview Avenue, Excelsior, MN 4 Beds \| 1 Baths \| - Sq. Ft.	$1,876,270
50 Lakeview Avenue, Excelsior, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$544,281
5 Waseca Avenue, Excelsior, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$315,275
205 Tonka Bay Road, Excelsior, MN 4 Beds \| 2 Baths \| 1776 Sq. Ft.	$565,125

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

Listing provided courtesy of: Creative Housing Real Estate

Listing agent: Ryan Hannay (6125588199)

Based on information submitted to the MLS GRID as of Mon Nov 09 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-04-22T05:57:22.523Z

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About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 40 Lakeview Ave

Tax history for 40 Lakeview Ave

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 40 Lakeview Ave

More real estate resources