Google street view image for 403 Lake St, Excelsior, MN 55331

Off market mar 1985 for $116K

$867,996

Est. refi paymentEst. refi $811/mo

•

1.5 ba

•

1,092

sq ft

403 Lake St, Excelsior, MN 55331

About this home

403 Lake St is a 1,092 square foot condo with 2 bedrooms and 1.5 bathrooms. - it last sold on March 01, 1985 for $116,000. Based on Redfin's Excelsior data, we estimate the home's value is $867,996.

CondoProperty Type

1968Year Built

$795Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$867,996

$752K since sold in March 1985$8,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 121.5% higher than the average sale price ($392K) of 6 comparable homes.

SOLD AUG 10, 2026
411 Lake St, Excelsior, MN 55331
$1,200,000
A
2 beds1 bath— sq ft
411 Lake St, Excelsior, MN 55331
SOLD SEP 29, 2026
$225,000
B
2 beds2 baths— sq ft
18169 Settlers Way, Eden Prairie, MN 55347
SOLD BY REDFIN SEP 30, 2026
$259,000
C
2 beds2 baths— sq ft
17918 Cobblestone Way, Eden Prairie, MN 55347
SOLD SEP 4, 2026
$130,000
D
2 beds1 bath— sq ft
4407 Wilshire Blvd #305, Mound, MN 55364
SOLD AUG 31, 2026
$279,000
E
2 beds2 baths— sq ft
5420 Three Points Blvd #232, Mound, MN 55364
SOLD AUG 3, 2026
$258,000
F
2 beds2 baths— sq ft
8300 Kimball Dr, Eden Prairie, MN 55347

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Earn from this home

Sell

$816,088

Est. take-home

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Est. cash available

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Rent

$2,026/mo

Redfin rental estimate

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Market trends in 55331, MN

Last updated September 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

OPEN SUN, 10AM TO 11:30AM
$725,000
4 beds4 baths3,165 sq ft
26145 Oak Leaf Trl, Shorewood, MN 55331
NEW 16 HRS AGO
$1,549,862
3 beds3 baths3,787 sq ft
3961 White Oak Ln, Excelsior, MN 55331
NEW 20 HRS AGO
$579,900
4 beds3 baths2,612 sq ft
542 3rd Ave, Excelsior, MN 55331
OPEN TODAY, 12PM TO 3PM
$389,000
3 beds2 baths1,452 sq ft
5530 Wedgewood Dr, Shorewood, MN 55331
OPEN TODAY, 2PM TO 4PM
$1,499,700
2 beds2 baths2,236 sq ft
21957 Minnetonka Blvd #17, Greenwood, MN 55331
COMING SOON
$845,000
3 beds4 baths4,406 sq ft
4905 Regents Walk, Shorewood, MN 55331
OPEN SUN, 11AM TO 1PM
$455,000
3 beds2 baths1,760 sq ft
4955 Saint Albans Bay Rd, Shorewood, MN 55331
OPEN TODAY, 11AM TO 1PM
$585,000
4 beds4 baths2,852 sq ft
4280 Cottagewood Ct, Minnetrista, MN 55331
$334,900
3 beds3 baths1,158 sq ft
6917 Crosby Ct, Minnetrista, MN 55331
$450,000
3 beds3 baths2,484 sq ft
5690 Echo Rd, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 403 Lake St

Year

Property tax

Land + Additions

Assessment*

2026

$13,006 (+3.0%)

$777,200 + $193,700

$970,900

2025

$12,630 (+6.8%)

$777,200 + $190,900

$968,100

2024

$11,823 (+6.8%)

$748,000 + $188,700

$936,700

2023

$11,068 (+51.2%)

$682,000 + $182,000

$864,000

2022

$7,321 (+9.4%)

$402,000 + $150,000

$552,000

2021

$6,691 (+0.2%)

$369,000 + $143,000

$512,000

2020

$6,678 (+1.2%)

$358,000 + $139,000

$497,000

2019

$6,595 (+4.2%)

$358,000 + $133,000

$491,000

2018

$6,327 (+6.7%)

$358,000 + $114,000

$472,000

2017

$5,932 (+14.1%)

$325,000 + $109,000

$434,000

2015

$5,198 (+7.6%)

2014

$4,833 (−5.8%)

2013

$5,131 (−6.9%)

2012

$5,512

Tax history for 403 Lake St

Year

Property tax

Land + Additions

Assessment*

2026

$13,006 (+3.0%)

$777,200 + $193,700

$970,900

2025

$12,630 (+6.8%)

$777,200 + $190,900

$968,100

2024

$11,823 (+6.8%)

$748,000 + $188,700

$936,700

2023

$11,068 (+51.2%)

$682,000 + $182,000

$864,000

2022

$7,321 (+9.4%)

$402,000 + $150,000

$552,000

2021

$6,691 (+0.2%)

$369,000 + $143,000

$512,000

2020

$6,678 (+1.2%)

$358,000 + $139,000

$497,000

2019

$6,595 (+4.2%)

$358,000 + $133,000

$491,000

2018

$6,327 (+6.7%)

$358,000 + $114,000

$472,000

2017

$5,932 (+14.1%)

$325,000 + $109,000

$434,000

2015

$5,198 (+7.6%)

2014

$4,833 (−5.8%)

2013

$5,131 (−6.9%)

2012

$5,512

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1

Heating & Cooling
Heating Type: Forced Air

Room Information
# of Rooms: 4

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Style Type: Townhouse
Exterior Wall: Wood
Roof Framing Type: Wood
Roof Shape Type: Gable

Property Information
Subdivision Name: CONDO 0003 BAY SHORE MANOR
Living Sq. Ft: 1,092
Gross Sq. Ft: 1,092
Adjusted Gross Sq. Ft: 1,092
Ground Floor Sq. Ft: 570
Building Sq. Ft: 1,092
# of Stories: 2
Stories Type: 2
Legal Description: CONDO NO 0003 BAY SHORE MANOR APT NO 403

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 240
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 45,666
Legal Lot Number: 12
Municipality Name: EXCELSIOR
Acres: 1.0483
County Use Description: CONDOMINIUM

Location Information
Parcel Location Influence: Lake

Utility Information
Electricity / Wiring Type: Average Wiring

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 1,092
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1968
Year Renovated: 1987
County: Hennepin County
APN: 34 117 23 11 0089

Home facts updated by county records on Oct 17, 2026

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

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

$825,000 – $999,000

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New listings for sale in 55331

OPEN SUN, 10AM TO 11:30AM

$725,000

4 beds4 baths3,165 sq ft

26145 Oak Leaf Trl, Shorewood, MN 55331

NEW 16 HRS AGO

$1,549,862

3 beds3 baths3,787 sq ft

3961 White Oak Ln, Excelsior, MN 55331

NEW 20 HRS AGO

$579,900

4 beds3 baths2,612 sq ft

542 3rd Ave, Excelsior, MN 55331

OPEN TODAY, 12PM TO 3PM

$389,000

3 beds2 baths1,452 sq ft

5530 Wedgewood Dr, Shorewood, MN 55331

OPEN TODAY, 2PM TO 4PM

$1,499,700

2 beds2 baths2,236 sq ft

21957 Minnetonka Blvd #17, Greenwood, MN 55331

COMING SOON

$845,000

3 beds4 baths4,406 sq ft

4905 Regents Walk, Shorewood, MN 55331

OPEN SUN, 11AM TO 1PM

$455,000

3 beds2 baths1,760 sq ft

4955 Saint Albans Bay Rd, Shorewood, MN 55331

OPEN TODAY, 11AM TO 1PM

$585,000

4 beds4 baths2,852 sq ft

4280 Cottagewood Ct, Minnetrista, MN 55331

$334,900

3 beds3 baths1,158 sq ft

6917 Crosby Ct, Minnetrista, MN 55331

Home values near 403 Lake St

Data from public records.

Address	Redfin Estimate
427 Lake St, Excelsior, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$750,896
419 Lake St, Excelsior, MN 1 Beds \| 1 Baths \| 1050 Sq. Ft.	$865,071

Address	Redfin Estimate
415 Lake St, Excelsior, MN 2 Beds \| 1.5 Baths \| 1050 Sq. Ft.	$933,075
411 Lake St, Excelsior, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$1,145,296

Address	Redfin Estimate
431 Lake St, Excelsior, MN 1 Beds \| 1 Baths \| - Sq. Ft.	$904,754
439 Lake St, Excelsior, MN 1 Beds \| 1 Baths \| 910 Sq. Ft.	$730,069

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