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$1,800,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 3,350 Sq. Ft.
  • 2 Car Garage
  • Updated 11 hours ago

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185 W Lake Street,Excelsior, MN 55331

185 W Lake StreetExcelsiorMN55331

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Located in the heart of Excelsior, just one block from Lake Minnetonka, this exceptional home offers a rare blend of refined living and an unbeatable in-town location. Thoughtfully designed for both everyday comfort and effortless entertaining, the home features warm hardwood floors, light-filled living spaces, and seamless indoor-outdoor flow. The well-appointed kitchen boasts generous counter space and abundant cabinetry, making it ideal for hosting gatherings or preparing meals after a day on the lake. A bright, window-wrapped primary suite provides a serene retreat, complemented by a spacious primary bath with dual vanities, a soaking tub, and a steam shower. The expansive lower level includes space for a game table or media area, along with a bedroom and bathroom - perfect for welcoming weekend guests who come to enjoy lake life and all that Excelsior has to offer. Just steps from Excelsior Commons and the Port of Excelsior, residents enjoy easy access to swimming beaches, parks, public docks, and summer concerts at the Bandshell. A short walk brings you to historic downtown Excelsior, with its charming restaurants, boutique shopping, and iconic ice cream shops. Offering walkability, lake access, and a premier Excelsior address, this home delivers the quintessential Lake Minnetonka lifestyle.

Full Property Details for 185 W Lake St

General

  • Price: $1,800,000
  • Taxes: $18,302 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7012272
  • Updated: 2/5/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Separate Formal Dining Room
  • Formal Dining Room: Eat In Kitchen, Separate/Formal Dining Room
  • Laundry: Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup, Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup

Additional Information

  • Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Tile Floors, Washer/Dryer Hookup, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage

Location

  • County: Hennepin
  • Township: Excelsior
  • Subdivision: Auditors Sub 135
  • Driving Directions: Hwy 7 West to 2nd St. Exit to 2nd St N to home.

School Information

  • School District: 1246 - Minnetonka
  • High School District: Minnetonka

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, In-Floor Heating
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Drain Tiles, Egress Window(s), Finished, Full, Sump Pump
  • Foundation Size: 1120
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 3,350
  • Above Ground: 2,368 Sq. Ft.
  • Below Ground: 1,076 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: 117 x 67 x 109 x 82
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Zoning: Residential-Single Family
  • Lot Description: Public Transit (w/in 6 blks), Corner Lot, Light Tree Coverage
  • Fencing (Description): Wood

Water Features

  • Water Front Desc.: Lake View
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $18,302
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 315 AUDITOR'S SUBD. NO. 135 COM AT MOST SLY COR OF LOT 315 TH NWLY TO MOST WLY COR THEREOF TH NELY TO MOST NLY COR THEREOF TH SELY TO A PT IN THE SELY LINE THEREOF DIS 18.4 FT SWLY FROM MOST ELY COR TH SWLY TO BEG
  • Property ID: 2711723430014

Listed by Edina Realty, Inc.

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Listing agents

— 185 W Lake St —

  • Edina Realty, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 185 W Lake St

School District:Minnetonka Public School District
NameGradesDistance
Excelsior Elementary School
441 Oak Street, Excelsior, MN 55331
K-50.5 mi
Minnetonka West Middle School
6421 Hazeltine Boulevard, Excelsior, MN 55331
6-81.4 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 185 W Lake St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$1,800,000
9.09%
MLS
5/10/2023
Sold
$1,650,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 185 W Lake St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,302
6%
$1,366,900
2%
2023
$17,326
10%
$1,336,000
12%
2023
$15,731
—
$1,195,000
11%
2023
$15,731
7%
$1,078,000
7%
2020
$14,740
5%
$1,003,000
4%
2019
$14,097
6%
$963,000
6%
2018
$13,278
13%
$911,000
14%
2017
$11,768
15%
$802,000
16%
2016
$10,236
5%
$694,000
6%
2015
$9,710
13%
$653,000
17%
2014
$8,628
6%
$560,000
3%
2013
$8,111
—
$542,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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185 W Lake Street, Excelsior, MN 55331 (MLS# 7012272) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 185 W Lake Street is currently listed for $1,800,000 and was received on February 05, 2026. Want to learn more about 185 W Lake Street? Do you have questions about finding other Single Family real estate for sale in Excelsior? You can browse all Excelsior real estate or contact a Coldwell Banker agent to request more information.

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