Google street view image for 4245 Water St, Excelsior, MN 55331

Off market nov 1986 for $90K

$762,498

Est. refi paymentEst. refi $642/mo

•

1.5 ba

•

2,366

sq ft

4245 Water St, Excelsior, MN 55331

About this home

4245 Water St is a 2,366 square foot house on a 0.26 acre lot with 3 bedrooms and 1.5 bathrooms. - it last sold on November 01, 1986 for $90,000. Based on Redfin's Excelsior data, we estimate the home's value is $762,498.

Single-familyProperty Type

1956Year Built

0.26 acresLot Size

$322Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$762,498

$672K since sold in November 1986$37K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.3% higher than the average sale price ($679K) of 6 comparable homes.

SOLD FEB 6, 2026
$475,000
A
3 beds2 baths— sq ft
499 Wheeler Dr, Excelsior, MN 55331
SOLD AUG 27, 2026
$515,000
B
4 beds2 baths— sq ft
4830 Shady Ln N, Minnetonka, MN 55345
SOLD SEP 4, 2026
$420,000
C
3 beds2 baths— sq ft
3521 County Road 101, Minnetonka, MN 55345
SOLD AUG 28, 2026
$1,450,000
D
3 beds2 baths— sq ft
5510 Maple Heights Rd, Greenwood, MN 55331
SOLD SEP 10, 2026
$750,000
E
4 beds2 baths— sq ft
18200 Fairhomes Ln, Wayzata, MN 55391
SOLD MAY 22, 2026
$465,000
F
3 beds2 baths— sq ft
4830 West Ln, Minnetonka, MN 55345

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

Earn from this home

Sell

$716,646

Est. take-home

List your home with Redfin and save $7,625

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,588/mo

Redfin rental estimate

List your home for rent

Market trends in 55331, MN

Last updated September 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

$1,895,000
5 beds4 baths4,353 sq ft
20265 Cottagewood Rd, Excelsior, MN 55331
$865,000
3 beds3 baths3,312 sq ft
4890 Regents Walk, Shorewood, MN 55331
LISTED BY REDFIN
$724,900
5 beds4 baths3,755 sq ft
25745 Wild Rose Ln, Shorewood, MN 55331
$475,000
3 beds3 baths1,880 sq ft
5200 Greenwood Cir, Greenwood, MN 55331
$2,950,000
5 beds5 baths3,769 sq ft
21210 Excelsior Blvd, Greenwood, MN 55331
3D WALKTHROUGH
$995,000
4 beds3 baths3,610 sq ft
5735 Grant Lorenz Rd, Shorewood, MN 55331
3D WALKTHROUGH
$2,775,000
5 beds6 baths4,212 sq ft
4215 Halsteads Bay Ln, Minnetrista, MN 55331
$650,000
3 beds2 baths1,385 sq ft
26270 Smithtown Rd, Shorewood, MN 55331
$715,000
5 beds4 baths3,100 sq ft
3762 Crane Island Ct, Minnetrista, MN 55331
3D WALKTHROUGH
$389,900
3 beds3 baths2,082 sq ft
6686 Wildflower Way, Minnetrista, MN 55331
See all

Provided by Redfin

Sale history for 4245 Water St

Year

Property tax

Land + Additions

Assessment*

2026

$8,959 (+1.2%)

$650,000 + $98,800

$748,800

2025

$8,853 (+4.6%)

$572,000 + $182,300

$754,300

2024

$8,463 (+11.9%)

$572,000 + $183,600

$755,600

2023

$7,563 (+6.5%)

$502,000 + $178,000

$680,000

2022

$7,099 (+15.8%)

$440,000 + $147,000

$587,000

2021

$6,131 (−3.2%)

$301,000 + $216,000

$517,000

2020

$6,337 (+3.1%)

$299,000 + $215,000

$514,000

2019

$6,146 (+9.1%)

$295,000 + $208,000

$503,000

2018

$5,634 (−3.4%)

$268,000 + $193,000

$461,000

2017

$5,834 (+21.8%)

$268,000 + $181,000

$449,000

2015

$4,790 (+15.4%)

2014

$4,149 (+4.5%)

2013

$3,971 (−8.3%)

2012

$4,331

Tax history for 4245 Water St

Year

Property tax

Land + Additions

Assessment*

2026

$8,959 (+1.2%)

$650,000 + $98,800

$748,800

2025

$8,853 (+4.6%)

$572,000 + $182,300

$754,300

2024

$8,463 (+11.9%)

$572,000 + $183,600

$755,600

2023

$7,563 (+6.5%)

$502,000 + $178,000

$680,000

2022

$7,099 (+15.8%)

$440,000 + $147,000

$587,000

2021

$6,131 (−3.2%)

$301,000 + $216,000

$517,000

2020

$6,337 (+3.1%)

$299,000 + $215,000

$514,000

2019

$6,146 (+9.1%)

$295,000 + $208,000

$503,000

2018

$5,634 (−3.4%)

$268,000 + $193,000

$461,000

2017

$5,834 (+21.8%)

$268,000 + $181,000

$449,000

2015

$4,790 (+15.4%)

2014

$4,149 (+4.5%)

2013

$3,971 (−8.3%)

2012

$4,331

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

Property details

Interior

Basement Information
Basement Sq. Ft: 1,245
Basement Finish: Partially Finished

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

Heating & Cooling
Heating Type: Forced Air

Fireplace Information
Has Fireplace

Room Information
# of Rooms: 3

Exterior

Exterior Information
Foundation Type: Concrete Block
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable

Property Information
Subdivision Name: REVISED COTTAGEWOOD
Living Sq. Ft: 2,366
Gross Sq. Ft: 2,970
Adjusted Gross Sq. Ft: 2,490
Ground Floor Sq. Ft: 1,245
Building Sq. Ft: 2,970
# of Stories: 1
Stories Type: 1
Legal Description: REVISED COTTAGEWOOD LOT 158 AND THAT PART OF LOT 159 LYING WLY OF E LINE OF LOT 158 EXTENDED AND SLY OF A LINE RUNNING FROM A PT IN W LINE OF LOT 159 DIST 56.2 FT NLY FROM SW COR THEREOF TO A PT IN E LINE OF SAID LOT DIST 49.4 FT NWLY FROM SE COR THE REOF

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 480
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,326
Legal Lot Number: 158
Municipality Name: DEEPHAVEN
Acres: 0.26
County Use Description: RESIDENTIAL (NEC)

Location Information
Parcel Location Influence: Lake

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 2,366
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1956
Year Renovated: 1980
County: Hennepin County
APN: 24 117 23 31 0050

Home facts updated by county records on Jul 20, 2026

Around this home

Schools

Deephaven Elementary School

Public K-5 • Assigned • 0.6mi

9/10

Minnetonka East Middle School

Public 6-8 • Assigned • 1.9mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 1.7mi

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, 2 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

$725,000 – $877,000

Reach more buyers when you sell with Redfin. Save up to $7,625 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

NEW CONSTRUCTION

$1,899,900

5 beds6 baths6,703 sq ft

5534 Conifer Trl, Minnetonka, MN 55345

3D WALKTHROUGH

$625,000

6 beds3 baths3,262 sq ft

16633 Temple Dr N, Minnetonka, MN 55345

3D WALKTHROUGH

$1,865,000

6 beds5 baths6,824 sq ft

19055 Ridgewood Rd, Wayzata, MN 55391

$1,199,000

4 beds4 baths3,802 sq ft

18864 Heathcote Dr, Wayzata, MN 55391

$275,000

Land— sq ft

21155 Minnetonka Blvd, Shorewood, MN 55331

$2,395,000

5 beds5 baths5,819 sq ft

19005 Easton Rd, Wayzata, MN 55391

New listings for sale in 55331

$1,895,000

5 beds4 baths4,353 sq ft

20265 Cottagewood Rd, Excelsior, MN 55331

$865,000

3 beds3 baths3,312 sq ft

4890 Regents Walk, Shorewood, MN 55331

LISTED BY REDFIN3D WALKTHROUGH

$724,900

5 beds4 baths3,755 sq ft

25745 Wild Rose Ln, Shorewood, MN 55331

$475,000

3 beds3 baths1,880 sq ft

5200 Greenwood Cir, Greenwood, MN 55331

$2,950,000

5 beds5 baths3,769 sq ft

21210 Excelsior Blvd, Greenwood, MN 55331

3D WALKTHROUGH

$995,000

4 beds3 baths3,610 sq ft

5735 Grant Lorenz Rd, Shorewood, MN 55331

3D WALKTHROUGH

$2,775,000

5 beds6 baths4,212 sq ft

4215 Halsteads Bay Ln, Minnetrista, MN 55331

$650,000

3 beds2 baths1,385 sq ft

26270 Smithtown Rd, Shorewood, MN 55331

$715,000

5 beds4 baths3,100 sq ft

3762 Crane Island Ct, Minnetrista, MN 55331

Home values near 4245 Water St

Data from public records.

Address	Redfin Estimate
4260 Water St, Excelsior, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$1,825,071
4200 Water St, Excelsior, MN 3 Beds \| 3.5 Baths \| 3480 Sq. Ft.	$1,281,394

Address	Redfin Estimate
4270 Water St, Excelsior, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,616,299
4230 Water St, Excelsior, MN 4 Beds \| 3.5 Baths \| 2748 Sq. Ft.	$979,193

Address	Redfin Estimate
4220 Water St, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$966,760
4210 Water St, Excelsior, MN 5 Beds \| 5 Baths \| - Sq. Ft.	$2,409,528

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

55391 homes for sale
55392 homes for sale
55345 homes for sale
55331 homes for sale

Houses for rent in Deephaven	Agents near me	Plymouth, MN homes for sale	Deephaven Housing Market
Houses for sale near me	Minneapolis, MN homes for sale	Eagan, MN homes for sale
Land for sale near me	St. Paul, MN homes for sale	Minnetonka, MN homes for sale
Open Houses near me	Edina, MN homes for sale	Deephaven Property Records
Condos for sale near me	Woodbury, MN homes for sale	MN New Listings

Groveland homes for sale
Plymouth-Wayzata homes for sale
Sparrow homes for sale

Edina homes for sale
Minneapolis homes for sale
Plymouth homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 4245 Water St

Tax history for 4245 Water St

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 4245 Water St

More real estate resources