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$5,750,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 3,616 Sq. Ft.
  • 2 Car Garage
  • Updated 11 hours ago

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One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior's Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water's edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka's most sought-after settings.

Full Property Details for 5150 Meadville St

General

  • Price: $5,750,000
  • Taxes: $29,533 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7080605
  • Updated: 5/29/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Stone, Wood-Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Informal Dining Room, Separate Formal Dining Room
  • Formal Dining Room: Informal Dining Room, Separate/Formal Dining Room
  • Laundry: Laundry Room, Sink, Upper Level, Laundry Room, Sink, Upper Level

Additional Information

  • Amenities: Deck, Dock, Hardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Paneled Doors, Panoramic View, Washer/Dryer Hookup, Wet Bar

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 20 x 23
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage

Location

  • County: Hennepin
  • Township: Excelsior
  • Subdivision: Auditors Sub 141
  • Driving Directions: Minnetonka Blvd to Meadville to home.

School Information

  • School District: 276 - 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: Well

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Finished, Full, Sump Pump
  • Foundation Size: 1587
  • Disability Access: None
  • Square Feet: 3,616
  • Above Ground: 3,111 Sq. Ft.
  • Below Ground: 1,587 Sq. Ft.
  • Finished Down/Base.: 4,698 Sq. Ft.
  • Year Built: 1918

Lot Features

  • Lot Size (Acres): 0.4
  • Lot Dimensions: Irregular
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline, Island/Peninsula, Medium Tree Coverage

Water Features

  • Water Front Desc.: Dock, Lakefront, Lake View
  • Water Front Feet: 240
  • Lake Front: Yes
  • Lake Bottom: Sand

Financial Considerations

  • Tax Amount: $29,533
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 195 AUDITOR'S SUBD. NO. 141
  • Property ID: 2611723320010

Listed by RE/MAX Advantage Plus

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— 5150 Meadville St —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 5150 Meadville St

School District:Minnetonka Public School District
NameGradesDistance
Excelsior Elementary School
441 Oak Street, Excelsior, MN 55331
K-50.8 mi
Minnetonka West Middle School
6421 Hazeltine Boulevard, Excelsior, MN 55331
6-81.9 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-122.5 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 5150 Meadville St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$5,750,000
542.46%
MLS
11/24/1999
Sold
$895,000
—
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 5150 Meadville St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,533
2%
$2,439,600
-4%
2023
$28,995
7%
$2,547,000
8%
2023
$27,111
—
$2,349,000
34%
2023
$27,111
13%
$1,755,000
-1%
2020
$23,984
4%
$1,768,000
6%
2019
$22,973
8%
$1,661,000
9%
2018
$21,180
-1%
$1,528,000
1%
2017
$21,364
1%
$1,517,000
3%
2016
$21,236
-1%
$1,467,000
—
2015
$21,452
11%
$1,467,000
16%
2014
$19,284
2%
$1,265,000
-1%
2013
$18,873
—
$1,279,000
—
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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5150 Meadville Street, Excelsior, MN 55331 (MLS# 7080605) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 5150 Meadville Street is currently listed for $5,750,000 and was received on May 29, 2026. Want to learn more about 5150 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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