Welcome to this beautifully updated 3BR, 2BA home nestled on spacious .69-acre flat lot in the highly coveted Minnetonka School District. With 2,050 sq ft of thoughtfully designed living space, this home features an abundance of natural light and an open-concept kitchen and dining area, perfect for entertaining. Enjoy the benefits of recent updates including a newer roof, windows, and appliances, ensuring peace of mind for years to come. The Main level boats two well-appointed bedrooms and tastefully updated bathrooms. The expansive lower-level family room offers a versatile space for relaxation or entertaining, complete with modern finishes and ample storage. Located just steps from MMW, this home is also an excellent investment with an assumable FHA mortgage at 2.75%. Living in Excelsior means you're part of a vibrant community rich in history and charm. Enjoy easy access to Lake Minnetonka, where you can indulge in boating, fishing, and scenic walks!
Closed
$424,500
2240 Melody Hill Rd, Excelsior, MN 55331
3beds
2,050sqft
Single Family Residence
Built in 1964
0.69 Acres Lot
$433,500 Zestimate®
$207/sqft
$2,447 Estimated rent
Home value
$433,500
$390,000 - $481,000
$2,447/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 11:13pm
Listed by:
651SellNow.com 651-735-5669,
RE/MAX Results
Bought with:
Steve Schmitz
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6556148
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 115 Square Feet
- Dimensions: 11.5x10
Bedroom 2
- Level: Main
- Area: 105 Square Feet
- Dimensions: 10.5x10
Bedroom 3
- Level: Lower
- Area: 180 Square Feet
- Dimensions: 20x9
Dining room
- Level: Main
- Area: 126.5 Square Feet
- Dimensions: 11.5x11
Family room
- Level: Lower
- Area: 282.75 Square Feet
- Dimensions: 19.5x14.5
Kitchen
- Level: Main
- Area: 149.5 Square Feet
- Dimensions: 13x11.5
Living room
- Level: Main
- Area: 230 Square Feet
- Dimensions: 20x11.5
Patio
- Level: Main
- Area: 220 Square Feet
- Dimensions: 20x11
Heating
- Baseboard, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Features
- Basement: Block,Egress Window(s),Finished,Full
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas, Living Room, Wood Burning
Interior area
- Total structure area: 2,050
- Total interior livable area: 2,050 sqft
- Finished area above ground: 1,025
- Finished area below ground: 712
Property
Parking
- Total spaces: 1
- Parking features: Attached, Asphalt, Garage Door Opener
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: Chain Link,Full
Lot
- Size: 0.69 Acres
- Dimensions: 127 x 268 x 122 x 168
- Features: Many Trees
Details
- Foundation area: 1025
- Parcel number: 251100080
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Wood Siding, Block
- Roof: Age 8 Years or Less,Asphalt
Condition
- Age of Property: 61
- New construction: No
- Year built: 1964
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Bardwell Acres Lake Mtka
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $424,500+1.1%$207/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6556148 Report a problem | ||
| 7/16/2024 | Pending sale | $419,900$205/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6556148 Report a problem | ||
| 6/27/2024 | Listed for sale | $419,900+27.2%$205/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6556148 Report a problem | ||
| 8/18/2020 | Sold | $330,000-2.9%$161/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5575739 Report a problem | ||
| 6/24/2020 | Pending sale | $339,900$166/sqft |
Source: Coldwell Banker Realty #5575739 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,388 +3.7% | $334,800 +0.9% |
| 2023 | $3,266 -1.9% | $331,700 +3.2% |
| 2022 | $3,330 +6.1% | $321,500 +8.4% |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.9 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 0.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$433,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$433,500