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$8,000,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 3 Partial Baths
  • 3,800 Sq. Ft.
  • 3 Car Garage
  • Updated 5 hours ago
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The price for the lot is $4,995,000. The photos of the home are AI-generated renderings to provide a sense of what could be built on this property. The total package price starts at $8M. This is a premier Lake Minnetonka build site with 199' of northwest-facing, A-rated, flat, rip-rapped shoreline. Free from builder restrictions, this exceptional property offers the flexibility to bring your own architect and builder to design a custom home tailored to your vision. A rare opportunity for luxurious living on Lake Minnetonka, this stunning .63 acre property has been perfectly graded and features a manicured lawn with panoramic views in an idyllic, peaceful setting. Nestled on the end of a quiet street with a neighborhood park and walking trail, you will enjoy easy access to the LRT Trail, which stretches over 15 miles and offers scenic views of Lake Minnetonka along the way. Just a 1-mile walk from the charming Village of Excelsior, enjoy all the boutiques, chef-driven restaurants, Library, Brewery and the upscale Kowalski's grocery store. The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park throughout the summer. Excelsior is host to year-round community events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs all year long. This is an incredible opportunity to build your dream home in an unbeatable location in the demand Minnetonka School District. This property is shown by appointment only - please no site visits without having an approved showing. Please note the dock will stay with the property however, the boathouse, boat lift, and kayak lift do not convey.

Full Property Details for 4900 Meadville St

General

  • Price: $8,000,000
  • Taxes: $46,861 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7042631
  • Updated: 3/26/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached Garage

Location

  • County: Hennepin
  • Township: Greenwood
  • Driving Directions: Minnetonka Blvd to Meadville Street to the lot

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: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Well

Structural Information

  • Basement: Yes
  • Basement Desc.: Egress Window(s), Full
  • Foundation Size: 2100
  • Disability Access: None
  • Square Feet: 3,800
  • Above Ground: 3,800 Sq. Ft.
  • Below Ground: 2,100 Sq. Ft.
  • Finished Down/Base.: 5,900 Sq. Ft.
  • Year Built: 2026

Lot Features

  • Lot Size (Acres): 0.63
  • Lot Dimensions: 199.5L x 152 x 167 x 152
  • Frontage: City Street, No Outlet/Dead End, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline, Irregular Lot, Medium Tree Coverage, Underground Utilities

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 199
  • Water Front Elev.: 0-4
  • Lake Front: Yes
  • Lake Bottom: Hard, Sand

Financial Considerations

  • Tax Amount: $46,861
  • Tax Year: 2026
  • Terms: Adj. Rate/Gr Payment, Conventional, Cash

Disclosures and Reports

  • Legal Description: MEADEVILLE PARK LOTS 1 2 AND 3 MEADEVILLE PARK INCL ADJ VAC STREET ALSO THAT PART OF LOT 1 COVINGTON, IN THE TOWN OF EXCELSIOR DESC AS FOL BEG AT PT OF INTERSECTION OF W LINE OF SAID LOT 1 COVINGTON WITH THE NELY EXTENSION OF SLY LINE OF SAID LOT 1 M EADEVILLE PARK TH NELY ALONG SAID EXTENSION DIS 49.80 FT TH DEFL LEFT 74 DEG 24 MIN 50 SEC AND RUNNING NWLY TO SHORE OF LAKE MTKA TH SWLY ALONG SAID SHORE TO ITS INTERSECTION WITH W LINE OF SAID LOT 1 COVINGTON AND ITS EXTENSIONS TH S ALONG SAID W L I NE TO BEG
  • Property ID: 2611723240033
Buyer's Brokerage Compensation: 2.7%
Not binding unless confirmed by separate agreement among applicable parties.

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— 4900 Meadville St —

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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 4900 Meadville St

School District:Minnetonka Public School District
NameGradesDistance
Excelsior Elementary School
441 Oak Street, Excelsior, MN 55331
K-51.2 mi
Minnetonka West Middle School
6421 Hazeltine Boulevard, Excelsior, MN 55331
6-82.3 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-122.3 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 4900 Meadville St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$8,000,000
216.21%
MLS
6/04/2018
Sold
$2,530,000
—
Public Record
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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 4900 Meadville St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$44,466
—
$3,556,600
-6%
2023
$44,570
5%
$3,799,700
7%
2023
$42,322
—
$3,551,000
31%
2023
$42,322
16%
$2,709,000
5%
2020
$36,615
-22%
$2,583,000
-23%
2019
$47,229
—
$3,334,000
—
2018
$47,452
-2%
$3,325,000
—
2017
$48,240
4%
$3,325,000
7%
2016
$46,506
9%
$3,117,000
10%
2015
$42,701
7%
$2,838,000
12%
2014
$39,912
2%
$2,529,000
-2%
2013
$39,237
—
$2,568,000
—
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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4900 Meadville Street, Excelsior, MN 55331 (MLS# 7042631) is a Single Family property with 5 bedrooms, 2 full bathrooms and 3 partial bathrooms. 4900 Meadville Street is currently listed for $8,000,000 and was received on March 26, 2026. This property is listed by Stafford Family Realtors from our Minnetonka Office.Want to learn more about 4900 Meadville 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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