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$489,900
/mo Edit
Single Family:  Split Entry (Bi-Level)
3 br • 3 ba • Built 1976
2,319 sqft • 0.93 acres
Minnetonka schools
MLS# 7065613
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    Property Description

    Opportunity Knocks in Excelsior! Set on a rare and private 0.93-acre lot in one of the area's most sought-after locations, this one-owner custom home offers the perfect combination of location, lot size, and upside potential. Whether you're a buyer looking to renovate and build equity, or a builder seeking an exceptional homesite, the possibilities here are endless. Featuring approximately 2, 400 finished square feet, this home offers 3 main-level bedrooms, including a primary suite with a private ¾ bath, hardwood floors, an oversized heated garage, solid mechanicals, and the kind of "good bones" that are increasingly hard to find. Move in and update over time, undertake a full renovation, or reimagine the property to suit your vision. For those considering new construction, the expansive lot provides outstanding flexibility, including the potential to utilize the existing foundation or build deeper into the site, with the possibility of reorienting the driveway and entrance from the private side street, Red Point Circle. Enjoy a peaceful backyard setting with nearby parks, trails, and easy access to Lake Minnetonka, downtown Excelsior, Hazelwood, shopping, dining, and all within the highly acclaimed Minnetonka School District. Recent improvements include a new roof (2020), driveway/base and apron improvements (2020/2024), A/C (2023), and a recently replaced furnace heat exchanger. City sewer is connected, and fiber internet service is soon to be available nearby.

    Listing

    Contingency: None
    Price per sq ft: $211
    City: Excelsior
    County: Hennepin
    State: MN
    Property Style: Split Entry (Bi-Level)
    Zip Code: 55331
    Subdivision Name: Auditors Sub 133

    Interior

    Living Area: 2,319 ft2
    Common Wall: No
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Dryer
    • Gas Water Heater
    • Refrigerator
    • Water Softener Owned
    Fireplace Details:
    • Family Room
    • Wood Burning
    Basement Details:
    • Block
    • Crawl Space
    • Daylight/Lookout Windows
    • Drain Tiled
    • Egress Window(s)
    • Finished
    • Full
    • Storage Space
    • Sump Pump
    • Walkout

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Size: 720 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,364 ft2
    Fencing: None
    Handicap Accessible: None
    Out Buildings: Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Floor Drain
    • Garage Door Opener
    • Heated Garage
    • Tuckunder Garage
    Unit Amenities:
    • Deck
    • Hardwood Floors
    • Kitchen Window
    • Natural Woodwork
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material:
    • Block
    • Concrete
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Rooms

    1/4 Baths: 1
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Dining/Kitchen:
    • Eat In Kitchen
    • Informal Dining Room
    • Kitchen/Dining Room
    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Laundry Room
    • Lower Level
    • Washer Hookup
    Main Level Size Sq Ft
    Dining Room  —  — 
    Bedroom  11 x 10  110 
    Kitchen  14 x 11  154 
    Living Room  —  — 
    Bedroom 2  10 x 9  90 
    Bedroom 3  —  — 
    Lower Level Size Sq Ft
    Family Room  —  — 
    Laundry  —  — 
    Storage  —  — 
    Workshop  —  — 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.93
    Geolocation: 44.896979, -93.588799
    Lot Dimensions: 254 x 178 x 258 x 139
    Zoning: Residential-Single Family
    Lot Description:
    • Corner Lot
    • Tree Coverage - Medium

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,524
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,524
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System:
    • Private
    • Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.