This home's estimate is 27.1% lower than the average sale price ($647K) of 5 comparable homes.
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400 Mill St, Excelsior, MN 55331
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About this home
Welcome to this charming 3-bedroom, 2-bath home set in a highly desirable Excelsior location on Galpin Lake, offering a rare opportunity to enjoy peaceful waterfront surroundings just minutes from downtown Excelsior, Lake Minnetonka, parks, trails, shops, and dining. The home features a functional layout with bright living spaces and beautiful natural light throughout. The main level includes a comfortable living room with hardwood floors, an eat-in kitchen with ample cabinetry and workspace, and three bedrooms conveniently located on one level. A versatile sunroom or bedroom is surrounded by windows provides additional living space. The lower level offers additional finished space ideal for a family room, recreation area, or hobby space, along with a second bathroom, laundry area, and storage. Outside, the property truly shines. The fully fenced backyard is mostly flat near the home and gradually slopes toward Galpin Lake, creating usable outdoor space for relaxing, gardening, or entertaining while enjoying scenic lake views. An attached one-car garage and convenient access to major roadways add to the home’s practicality, while the unbeatable location places you just minutes from shopping, dining and recreation that make Excelsior one of the metro’s most sought-after communities. Move in and enjoy today or bring your ideas to build long-term value.
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Last updated September 2026
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Est. $3,438 per month, based on comparable rentals
Sale and tax history for 400 Mill St
- Sale History
- Tax History
Public record
Property details
Parking
- Parking Information
- Parking Features: Attached Garage
- Garage Spaces: 1
- Garage Dimensions: 20x11
- Garage Sq. Ft.: 220
Interior
- Bedroom Information
- # of Bedrooms: 3
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- Description: 3/4 Basement,Main Floor Full Bath
- Room 1 Information
- Room Type: Family Room
- Room Dimensions: 32x12
- Room Level: Main
- Room 2 Information
- Room Type: Bedroom
- Room Dimensions: 18x12
- Room Level: Main
- Room 3 Information
- Room Type: Kitchen
- Room Dimensions: 18x11
- Room Level: Main
- Room 4 Information
- Room Type: Laundry
- Room Dimensions: 13x10
- Room Level: Main
- Room 5 Information
- Room Type: Living Room
- Room Dimensions: 20x14
- Room Level: Main
- Room 6 Information
- Room Type: Patio
- Room Dimensions: 12x12
- Room Level: Main
- Room 7 Information
- Room Type: Bedroom 2
- Room Dimensions: 13x10
- Room Level: Main
- Room 8 Information
- Room Type: Bedroom 3
- Room Dimensions: 11x10
- Room Level: Main
- Laundry Room Information
- Laundry Features: Lower Level, Laundry Room
- Basement Information
- Has Basement
- Basement Features: Block, Finished, Full
- Dining Room Information
- Dining Room Features: Eat In Kitchen
- Heating & Cooling
- Heating Information: Forced Air
- Cooling Information: Central Air
Exterior
- Building Information
- Construction Materials: Block
- Foundation Area: 1,230
- Exterior Features
- Exterior Features: Wood
- Fencing: Full
- Waterfront Information
- Waterfront Features: Lake View
- Road Between Waterfront And Home Y/N: N
- Property Information
- Above Ground Total Sq. Ft.: 1,230
- Below Ground Total Sq. Ft.: 910
- FractionalOwnershipYN: No
- Property Type: Residential
- Above Grade Finished Area: 1,230
- Below Grade Finished Area: 535
- Lot Information
- Lot Features: Accessible Shoreline
- Lot Size Area: 0.18
- Lot Size Units: Acres
- Lot Size Dimensions: 78x121x56x119
Financial
- Tax Information
- Tax Annual Amount: $4,488
- Tax Year: 2025
- Tax With Assessments: $4,488
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: 494 to 5 W, go straight to Arboretum Blvd, R on Powers Blvd, to Mill Street, Home on L
- Map Coordinate: 117-E3
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,685
- Stories: 1.0
- Lot Size: 7,841 square feet
- Style: Single Family Residential
- Year Built: 1952
- Year Renovated: 1970
- County: Hennepin County
- APN: 35 117 23 23 0031
Other
- Home Information
- Living Area: 1765
- Living Area Units: Square Feet
- Main Level Finished Area: 1230
- Building Area Total: 2140
- Foundation Details: Block
- Levels: One
Around this home
Schools
Public K-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 1.3mi
Public 9-12 • Assigned • 2.6mi
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, 14 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
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Excelsior. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 55331
Home values near 400 Mill St
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | - Sq. Ft. | $468,840 |
3 Beds | 2.5 Baths | 2047 Sq. Ft. | $425,054 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1778 Sq. Ft. | $329,922 |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3132 Sq. Ft. | $1,005,381 |
3 Beds | 2 Baths | 2873 Sq. Ft. | $558,241 |
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