Rare new construction in the heart of Excelsior with estimated completion mid-July, just minutes from Lake Minnetonka. This custom, fully finished luxury rambler offers elevated design and true one-level living in one of the West Metro’s most sought-after locations.
Soaring vaulted ceilings and a light-filled open layout create an impressive architectural design, anchored by a statement fireplace wall and a chef-inspired kitchen with quartz surfaces, custom cabinetry, walk-in pantry, and an oversized island built for gathering.
The main-level primary suite is a private retreat with a generous walk-in closet. A dedicated office and main-floor laundry add everyday convenience.
The fully finished lower level provides exceptional flexibility with a large family room, three additional bedrooms, and two baths, ideal for guests or multi-generational living.
Enjoy a truly walkable lifestyle with lakeside dining, shopping at the Village shops, Kowalski's Market just 4 blocks away, a regional trail to Carver Park, and recreation at Excelsior Commons Park with beaches, docks, tennis courts, and year-round activities along Lake Minnetonka.
A rare opportunity to own new construction in a location where it is increasingly hard to find.
Active
$1,850,000
163 2nd St, Excelsior, MN 55331
4beds
2,742sqft
Est.: Get pre-qualified
Single Family
Built in 2026
0.78 Acres Lot
$1,814,000 Zestimate®
$675/sqft
$-- HOA
What's special
Statement fireplace wallWalk-in pantryPrivate retreatTwo bathsSoaring vaulted ceilingsMain-level primary suiteThree additional bedrooms
- 43 days |
- 717 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Price Realty 612-502-5500,
eXp Realty,
Slava Daskalyuk 763-957-0824
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7047304
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13x14
Bedroom 2
- Level: Lower
- Area: 154 Square Feet
- Dimensions: 11x14
Bedroom 3
- Level: Lower
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 4
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12x12
Primary bathroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Family room
- Level: Lower
- Area: 315 Square Feet
- Dimensions: 15x21
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Laundry
- Level: Main
- Area: 42 Square Feet
- Dimensions: 6x7
Living room
- Level: Main
- Area: 400 Square Feet
- Dimensions: 16x25
Mud room
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6x8
Office
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Walk in closet
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9x8
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Basement: Finished,Full,Concrete
- Number of fireplaces: 1
- Fireplace features: Electric, Living Room
Interior area
- Total structure area: 2,742
- Total interior livable area: 2,742 sqft
- Finished area above ground: 1,378
- Finished area below ground: 1,255
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (22x22), Garage Door Height (8), Garage Door Width (18)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
Lot
- Size: 0.78 Acres
- Dimensions: 66 x 124 x 61 x 123
- Features: Tree Coverage - Light
Details
- Foundation area: 1378
- Parcel number: 3411723120175
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Concrete, Frame
- Roof: Asphalt
Condition
- New construction: Yes
- Year built: 2026
Details
- Builder name: PRICE HOMES
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Auditors Sub 135
HOA
- Has HOA: No
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $675/sqft
- Tax assessed value: $628,800
- Annual tax amount: $9,186
- Date on market: 4/16/2026
- Cumulative days on market: 369 days
- Date available: 07/16/2026
- Road surface type: Paved
Estimated market value
$1,814,000
$1.72M - $1.90M
$4,918/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $1,850,000+286.6%$675/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7047304 Report a problem | ||
| 3/9/2026 | Sold | $478,500-4.3%$175/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem | ||
| 8/19/2025 | Pending sale | $499,900-71.4%$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem | ||
| 6/12/2025 | Price change | $1,750,000+250.1%$638/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6699392 Report a problem | ||
| 6/12/2025 | Price change | $499,900-73%$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem | ||
| 4/10/2025 | Price change | $1,850,000+245.8%$675/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6699392 Report a problem | ||
| 4/4/2025 | Listed for sale | $535,000+18.9%$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem | ||
| 2/25/2022 | Sold | $450,000-15.1%$164/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem | ||
| 2/18/2022 | Pending sale | $529,900$193/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem | ||
| 12/29/2021 | Price change | $529,900-1.9%$193/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem | ||
| 11/1/2021 | Listed for sale | $539,900$197/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,739 +19.2% | $628,800 +2.3% |
| 2024 | $7,330 +15.6% | $614,400 +15.5% |
| 2023 | $6,339 | $531,800 +18.2% |
| 2022 | -- | $450,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 163 2nd St
Nearby cities
Nearby zip codes
Other Excelsior Topics
