Date
Details
Price
Change
Source
8/14/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,500,000 Just Listed
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Property Description
Well maintained spacious and unique 4-bedroom, 3-bathroom home so close to the lake! A yard your neighbors will be envious of with beautiful mature shade trees. Excellent private deck for sunny days and 4 season porch when the weather is less favorable but you still want to be outside. Three bedrooms located on the Main level for one level living. The main kitchen connects to a large deck overlooking the beautiful back yard allowing for versatile dining and grilling. The main dining room, living room and sun room connect for a combined over 600 square ft of living/entertainment area. OR close off the sun room for a cozy afternoon with a book. The finished lower level provides even more flexible space that can serve as a guest quarters or rent it out if you so wish. The lower level comes with a full eat-in kitchen, living room, spacious bedroom and full bath complete with jacuzzi tub. There is also a bonus room off of the garage you can use for exercise, office, gaming, storage or whatever your heart desires. Central AC is SpacePak high-velocity small-duct system
Full Property Details
Full Property Details for 251 W Lake St
General
- Price: $1,500,000
- Taxes: $12,180 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7127625
- Updated: 8/14/2026
- Added to Site: 1 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Amenities: Deck, Exercise Room, Hardwood Floors, Main Floor Primary Bedroom, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- County: Hennepin
- Township: Excelsior
- Subdivision: Auditors Sub 240
- Driving Directions: From Highway 7 go North on Oak St, then East on water St, then North on 3rd St, the East on Cortland St, then North on Bell (stay left at the Y) Park in the driveway
School Information
- School District: 276 - Minnetonka
- High School District: Minnetonka
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Walk-Out
- Foundation Size: 1303
- Disability Access: None
- Square Feet: 2,769
- Above Ground: 1,466 Sq. Ft.
- Below Ground: 2,057 Sq. Ft.
- Finished Down/Base.: 3,523 Sq. Ft.
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.38
- Lot Dimensions: 139 x 139 x 73 x 233
- Zoning: Residential-Single Family
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $12,180
- Tax Year: 2026
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- Legal Description: LOT 002 AUDITOR'S SUBD. NO. 240
- Property ID: 3411723120043
Listed by Xpace Llc
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— 251 W Lake St —
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NMLS#: 1598647
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Schools
Schools serving 251 W Lake St
School District:Minnetonka Public School District
| Name | Grades | Distance |
|---|---|---|
Excelsior Elementary School 441 Oak Street, Excelsior, MN 55331 | K-5 | 0.5 mi |
Minnetonka West Middle School 6421 Hazeltine Boulevard, Excelsior, MN 55331 | 6-8 | 1.4 mi |
Minnetonka Senior High School 18301 Minnesota 7, Minnetonka, MN 55345 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 251 W Lake St
Tax History
Tax History for 251 W Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,180
5%
$914,300
2%
2025
$11,633
20%
$898,000
15%
2023
$9,701
12%
$782,700
13%
2023
$8,632
—
$691,000
3%
2023
$8,632
-3%
$670,000
6%
2020
$8,871
-12%
$635,000
-11%
2019
$10,096
3%
$712,000
3%
2018
$9,806
22%
$694,000
21%
2017
$8,043
5%
$574,000
7%
2016
$7,627
7%
$538,000
8%
2015
$7,096
26%
$500,000
34%
2014
$5,627
14%
$372,600
11%
2013
$4,940
—
$334,341
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 251 W Lake St
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Sold by Non-MLS
Sold by Non-MLS
251 W Lake Street, Excelsior, MN 55331 (MLS# 7127625) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 251 W Lake Street is currently listed for $1,500,000 and was received on August 14, 2026. Want to learn more about 251 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.