Waterfront
Address
5150 Meadville Street, Excelsior, MN
Price
$ 5,299,900
Property Attributes
- ID#7080605
- TypeSingle Family
- Listing Status Active
- CountyHENNEPIN
- CityExcelsior
- AreaAuditors Sub 141
- NeighborhoodAuditors Sub 141
- Zip55331
- StyleSingle Family
- Year Built1918
- Taxes$ 29533
- Price$ 5,299,900
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3616
- Lot Size0.4 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
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.
| Price History | |
|---|---|
| 5/29/2026 | Listed $5,750,000 |
| 7/11/2026 | 8$5,299,900 |
General Features
| Living Area | 3616 |
|---|---|
| Sewer | City Sewer/Connected |
| Heating | Forced Air |
| Cooling | Central Air |
| Appliances | Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Wall Oven,Washer |
| Garage Spaces | 2 |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1918 |
| Electric | Circuit Breakers |
| View | Bay,Lake,North,Panoramic,South,West |
| Levels | Two |
| Property Subtype | Single Family |
| Tax Year | 2025 |
| Waterfront Features | Dock,Lake Front,Lake View |
| Accessibility | None |
| County | Hennepin |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Contingency | None |
| Subdivision Name | Auditors Sub 141 |
| Full Baths | 2 |
| Directions | Minnetonka Blvd to Meadville to home. |
| City | Excelsior |
| High School District | Minnetonka |
| Zoning Description | Residential-Single Family |
| Lot Size Units | Acres |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 29533 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Lender Owned | No |
| Amenities Unit | Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Panoramic View,Washer/Dryer Hookup,Wet Bar |
| PostalCity | Excelsior |
Interior Features
| Basement | Block,Finished,Full,Sump Pump |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Family Room,Stone,Wood Burning |
| Basement (Y/N) | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 3111 |
| Half Baths | 1 |
| 3/4 Baths | 1 |
| Laundry Features | Laundry Room,Sink,Upper Level |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 505 |
| Total Baths | 4 |
| Bath Desc | 1/2 Basement,Bathroom Ensuite,Private Primary,Main Floor Full Bath,Upper Level 3/4 Bath,Upper Level Full Bath |
| Dining Room Description | Informal Dining Room,Separate/Formal Dining Room |
| Fuel | Natural Gas |
| Garage Dimensions | 20 x 23 |
| Garage Square Feet | 460 |
| Waterfront Feet | 240 |
Exterior Features
| Parking Features | Attached Garage,Asphalt,Garage Door Opener,Guest Parking,Storage |
|---|---|
| Lot Features | Accessible Shoreline,Island/Peninsula,Tree Coverage - Medium |
| Water Source | Well |
| Lot Size Area | 0.4 |
| Building Area Total | 4698 |
| Lot Dimensions | Irregular |
| Waterfront Y/N | Yes |
| Foundation Area | 1587 |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 55331
Price
Taxes
Year Built
Visits
In The Neighborhood
New Construction
Greenwood
$ 3,195,000
21735 Fairview Street
Greenwood, MN 55331
- Type
- Single Family
- Size
- 5,909 SqFt
- Rooms
- 5 Beds + 5.5 Baths
Keller Williams Premier Realty Lake Minnetonka
New Construction
Excelsior
$ 1,200,000
20387 Excelsior Boulevard
Excelsior, MN 55331
- Type
- Single Family
- Size
- 3,077 SqFt
- Rooms
- 4 Beds + 2.5 Baths
JPW Realty
