OFF MARKET

Off Market Aug 2024 for $1.9M

$2,588,308

•

—

sq ft

511 2nd St #2, Excelsior, MN 55331

About this home

Located in the heart of charming downtown Excelsior, Lake House Condominiums offers the epitome of luxury turn-key condo living. Impressive high-end finishes, fixtures, and craftsmanship throughout. Highlights include beautiful wide-plank hardwood floors, Thermador SS appliances, large center island with waterfall edge, custom cabinetry, custom closet systems, en-suite bedrooms, and designer bath and lighting fixtures. Ideal entertaining spots inside by the wet bar or pass through the 12' accordion doors to the covered balcony with gas fireplace. Enjoy lake views and the ease of walking to all the exciting restaurants, shopping and community events in Excelsior.

CondoProperty Type

2023Year Built

8,276 sq ftLot Size

3 car garageParking

Listed by Elizabeth Ulrich • Compass

Listed by Michael Steadman

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6488955

Redfin Estimate

$2,588,308

$638K since sold in August 2024$202K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 283% higher than the average sale price ($676K) of 6 comparable homes.

SOLD JUL 7, 2026
$320,000
A
2 beds3 baths— sq ft
1944 Commonwealth Blvd #4, Chanhassen, MN 55317
SOLD SEP 1, 2026
$585,000
B
2 beds2 baths— sq ft
4100 Spring St #201, Spring Park, MN 55384
SOLD SEP 12, 2025
$1,084,895
C
2 beds3 baths— sq ft
205 Mill St Unit S301, Excelsior, MN 55331
SOLD AUG 14, 2026
$975,000
D
2 beds2 baths— sq ft
603 Lake St #215, Excelsior, MN 55331
SOLD JUL 15, 2026
$392,500
E
3 beds3 baths— sq ft
9500 Washington Blvd #4, Chanhassen, MN 55317
SOLD AUG 7, 2026
$697,500
F
2 beds2 baths— sq ft
4100 Shoreline Dr Unit S302, Spring Park, MN 55384

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Earn from this home

Sell

$937,654

Est. take-home

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Rent

$3,528/mo

Redfin rental estimate

List your home for rent

Market trends in 55331, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

0.4% MoM

Median sale price

$820K

$20K MoM

Avg. days on market

24d

5 days MoM

Recently sold homes

124

11 MoM

New listings for sale

OPEN SAT, 11AM TO 1PM
$1,249,000
4 beds4 baths3,336 sq ft
20 Willow Wood Dr, Excelsior, MN 55331
COMING SOON
$4,250,000
4 beds4 baths5,764 sq ft
28028 Woodside Rd, Shorewood, MN 55331
$570,000
3 beds2 baths1,810 sq ft
4305 Cottagewood Ct, Minnetrista, MN 55331
$900,000
3 beds4 baths4,197 sq ft
5845 Ridge Rd, Shorewood, MN 55331
OPEN SAT, 12PM TO 2PM
$2,199,700
6 beds5 baths7,500 sq ft
20650 Parkview Ln, Shorewood, MN 55331
OPEN SAT, 10AM TO 12PM
$1,999,700
4 beds5 baths4,871 sq ft
5950 Boulder Bridge Ln, Shorewood, MN 55331
$1,749,000
5 beds5 baths5,252 sq ft
4264 Woodland Ct, Minnetrista, MN 55331
3D WALKTHROUGH
$999,900
5 beds5 baths4,603 sq ft
4605 Sunset Ln, Minnetrista, MN 55331
$1,195,000
3 beds3 baths2,273 sq ft
203 Mill St Unit N202, Excelsior, MN 55331
$1,560,000
5 beds5 baths6,026 sq ft
25695 Maple View Ct, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 511 2nd St #2

Tax history for 511 2nd St #2

*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

—

Lot depth

—

Lot size

—

Year renovated

2022

Sq. Ft.

—

Year built

2022

Style

Condo/Co-op

County

Hennepin County

APN

35 117 23 22 0194

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking Information
Parking Features: Assigned, Attached Garage
Garage Spaces: 3

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
Description: Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor 3/4 Bath,Separate Tub & Shower

Room 1 Information
Room Type: Living Room
Room Dimensions: 23x15
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 23x11
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 14x18
Room Level: Main

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 13x15
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 10x11
Room Level: Main

Room 6 Information
Room Type: Den
Room Dimensions: 14x8
Room Level: Main

Room 7 Information
Room Type: Porch
Room Dimensions: 10x20
Room Level: Main

Basement Information
Basement Features: None

Dining Room Information
Dining Room Features: Living/Dining Room

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: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den, Porch
Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler

Exterior

Building Information
Construction Materials: Brick/Stone
New Construction
Foundation Area: 1,968

Exterior Features
Patio Porch Type: Covered

Property Information
Above Ground Total Sq. Ft.: 1,968
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Low Rise
Attached Property
Accessibility Features: Accessible Elevator Installed
Above Grade Finished Area: 1,968
Amenities: Balcony,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Wet Bar

Lot Information
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Dimensions: Common

Financial

Tax Information
Tax Year: 2023

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

HOA Information
Association Name: Pending
Has HOA
Association Fee: $1,479
Association Fee Frequency: Monthly
Association Fee Includes: Internet, Other, Trash, Water

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 952-401-5000

Location Information
Directions: Hwy 7 west, exit to downtown Excelsior
Map Coordinate: 117-E3

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2022
Year Renovated: 2022
County: Hennepin County
APN: 35 117 23 22 0194

Home facts updated by county records on Jul 20, 2026

Other

Documents & Disclosures
Restrictions: Mandatory Owners Assoc

Home Information
Living Area: 1968
Main Level Finished Area: 1968.0000
Building Area Total: 1968
Age Of Property: 2
Levels: One

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 0.3mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.4mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 2.6mi

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

$2.46M – $2.98M

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Nearby similar homes

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3D WALKTHROUGH

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New listings for sale in 55331

OPEN SAT, 11AM TO 1PM

$1,249,000

4 beds4 baths3,336 sq ft

20 Willow Wood Dr, Excelsior, MN 55331

COMING SOON

$4,250,000

4 beds4 baths5,764 sq ft

28028 Woodside Rd, Shorewood, MN 55331

$570,000

3 beds2 baths1,810 sq ft

4305 Cottagewood Ct, Minnetrista, MN 55331

$900,000

3 beds4 baths4,197 sq ft

5845 Ridge Rd, Shorewood, MN 55331

OPEN SAT, 12PM TO 2PM

$2,199,700

6 beds5 baths7,500 sq ft

20650 Parkview Ln, Shorewood, MN 55331

OPEN SAT, 10AM TO 12PM

$1,999,700

4 beds5 baths4,871 sq ft

5950 Boulder Bridge Ln, Shorewood, MN 55331

$1,749,000

5 beds5 baths5,252 sq ft

4264 Woodland Ct, Minnetrista, MN 55331

3D WALKTHROUGH

$999,900

5 beds5 baths4,603 sq ft

4605 Sunset Ln, Minnetrista, MN 55331

$1,195,000

3 beds3 baths2,273 sq ft

203 Mill St Unit N202, Excelsior, MN 55331

Home values near 511 2nd St #2

Data from public records.

Address	Redfin Estimate
463 2nd St, Excelsior, MN 3 Beds \| 5 Baths \| 6806 Sq. Ft.	—
511 2nd St Apartment 4, Excelsior, MN 2 Beds \| 3 Baths \| - Sq. Ft.	$2,422,951

Address	Redfin Estimate
511 2nd St Apartment 3, Excelsior, MN 3 Beds \| 4 Baths \| 2552 Sq. Ft.	—
454 Lake St, Excelsior, MN 3 Beds \| 2 Baths \| 1807 Sq. Ft.	—

Address	Redfin Estimate
511 2nd St Apartment 1, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$3,286,459

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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