Date
Details
Price
Change
Source
2/27/2026
Listed
$425,000
—
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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$425,000 Just Listed
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Property Description
Welcome to this charming 3-bedroom, 2-bath home set in a highly desirable Excelsior location on Galpin Lake, offering a rare opportunity to enjoy peaceful waterfront surroundings just minutes from downtown Excelsior, Lake Minnetonka, parks, trails, shops, and dining. The home features a functional layout with bright living spaces and beautiful natural light throughout. The main level includes a comfortable living room with hardwood floors, an eat-in kitchen with ample cabinetry and workspace, and three bedrooms conveniently located on one level. A versatile sunroom or bedroom is surrounded by windows provides additional living space. The lower level offers additional finished space ideal for a family room, recreation area, or hobby space, along with a second bathroom, laundry area, and storage. Outside, the property truly shines. The fully fenced backyard is mostly flat near the home and gradually slopes toward Galpin Lake, creating usable outdoor space for relaxing, gardening, or entertaining while enjoying scenic lake views. An attached one-car garage and convenient access to major roadways add to the home's practicality, while the unbeatable location places you just minutes from shopping, dining and recreation that make Excelsior one of the metro's most sought-after communities. Move in and enjoy today or bring your ideas to build long-term value.
Full Property Details
Full Property Details for 400 Mill St
General
- Price: $425,000
- Taxes: $4,488 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7025019
- Updated: 2/27/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen
- Formal Dining Room: Eat In Kitchen
- Laundry: Lower Level, Laundry Room, Lower Level, Laundry Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 20 x 11
- Garage Spaces: 1
- Parking Features: Attached Garage
Location
- County: Hennepin
- Township: Excelsior
- Subdivision: Eastern Shore
- Driving Directions: 494 to 5 W, go straight to Arboretum Blvd, R on Powers Blvd, to Mill Street, Home on L
School Information
- School District: 1246 - Minnetonka
- High School District: Minnetonka
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Finished, Full
- Foundation Size: 1230
- Disability Access: None
- Square Feet: 1,765
- Above Ground: 1,230 Sq. Ft.
- Below Ground: 910 Sq. Ft.
- Finished Down/Base.: 2,140 Sq. Ft.
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: 78 x 121 x 56 x 119
- Zoning: Residential-Single Family
- Lot Description: Accessible Shoreline
- Fencing (Description): Full
Water Features
- Water Front Desc.: Lake View
- Lake Front: Yes
Financial Considerations
- Tax Amount: $4,488
- Tax Year: 2025
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- Legal Description: LOT 002 EASTERN SHORE
- Property ID: 3511723230031
Listed by eXp Realty
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Schools
Schools serving 400 Mill St
School District:Minnetonka Public School District
| Name | Grades | Distance |
|---|---|---|
Excelsior Elementary School 441 Oak Street, Excelsior, MN 55331 | K-5 | 0.3 mi |
Minnetonka West Middle School 6421 Hazeltine Boulevard, Excelsior, MN 55331 | 6-8 | 1.3 mi |
Minnetonka Senior High School 18301 Minnesota 7, Minnetonka, MN 55345 | 9-12 | 2.6 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 400 Mill St
Tax History
Tax History for 400 Mill St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,488
12%
$384,800
10%
2023
$3,994
11%
$348,500
13%
2023
$3,589
—
$309,000
16%
2023
$3,589
18%
$266,000
19%
2020
$3,053
—
$223,270
—
2019
$3,038
5%
$222,180
5%
2018
$2,883
-3%
$211,280
-1%
2017
$2,968
-2%
$213,460
1%
2016
$3,020
-1%
$212,370
—
2015
$3,058
9%
$212,370
16%
2014
$2,809
—
$182,940
-2%
2013
$2,804
—
$187,300
—
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 400 Mill St
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400 Mill Street, Excelsior, MN 55331 (MLS# 7025019) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 400 Mill Street is currently listed for $425,000 and was received on February 25, 2026. Want to learn more about 400 Mill 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.