Nestled on a quiet street in the Village of Excelsior, this cozy cottage offers an opportunity to embrace one of the most sought-after settings steps from Lake Minnetonka. Whether you envision creating an in-town summer cabin, taking on a renovation project, or you’re looking for a premier site to build new, the possibilities here are exceptional. Sited on a tree-lined corner, a detached shed provides additional storage while the lot offers an opportunity to build a two-car garage. Just a short stroll from iconic Water Street where boutiques, award-winning dining, coffee shops, and the vibrant energy of this historic lake town await. Spend summer evenings at Concerts in the Commons and take part in Excelsior’s beloved year-round community events, including Art on the Lake, Lake Minnetonka’s Fourth of July, Apple Days and much more. Adventure beyond the village by hopping on the nearby Lake Minnetonka LRT Regional Trail for miles of scenic biking and walking. Residents of Excelsior can apply for a dock slip on Lake Minnetonka through the City’s dock program, availability is limited and there is currently a waiting list.
Closed
$669,400
248 Center St, Excelsior, MN 55331
2beds
1,442sqft
Single Family
Built in 1900
6,534 Square Feet Lot
$669,500 Zestimate®
$464/sqft
$3,277 Estimated rent
Home value
$669,500
$623,000 - $716,000
$3,277/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sharla K Stafford 612-282-6895,
Coldwell Banker Realty,
Eric D Stafford 952-221-7751
Bought with:
Jennifer L Morris
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7037595
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bedroom 2
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11 x 10
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15 x 11
Family room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14 x 11
Informal dining room
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7 x 6
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11 x 9
Loft
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11 x 13
Mud room
- Level: Main
- Area: 35 Square Feet
- Dimensions: 7 x 5
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Gas Dryer Hookup, Lower Level, Sink, Washer Hookup
Features
- Basement: Block,Partial,Unfinished
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 1,442
- Total interior livable area: 1,442 sqft
- Finished area above ground: 1,280
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 6,534 sqft
- Dimensions: 110 x 58.66
- Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 880
- Parcel number: 3411723120063
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Asphalt,Pitched
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $669,400+3%$464/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7037595 Report a problem | ||
| 4/8/2026 | Pending sale | $650,000$451/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7037595 Report a problem | ||
| 4/6/2026 | Listed for sale | $650,000+72.2%$451/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7037595 Report a problem | ||
| 8/31/2007 | Sold | $377,500+14.4%$262/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1870825 Report a problem | ||
| 5/16/2005 | Sold | $330,000+3.4%$229/sqft |
Source: Public Record Report a problem | ||
| 8/26/2004 | Sold | $319,000+30.7%$221/sqft |
Source: Public Record Report a problem | ||
| 7/6/2000 | Sold | $244,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,072 +17.5% | $833,000 +1.5% |
| 2024 | $7,720 +13.7% | $821,000 +11.4% |
| 2023 | $6,788 -9.8% | $737,100 +14.3% |
| 2022 | $7,526 +5.5% | $645,000 +2.9% |
| 2021 | $7,133 +2.2% | $627,000 +4.2% |
| 2020 | $6,981 -2.1% | $602,000 +4.3% |
| 2019 | $7,133 +2.2% | $577,000 +5.5% |
| 2018 | $6,981 +5.3% | $547,000 +25.5% |
| 2017 | $6,629 +21.3% | $436,000 +4.8% |
| 2016 | $5,467 -6% | $416,000 +8.3% |
| 2015 | $5,817 +6.7% | $384,000 +34.7% |
| 2014 | $5,450 +32.6% | $285,000 +2.2% |
| 2013 | $4,109 -2.8% | $279,000 -7.3% |
| 2012 | $4,228 -2.2% | $301,000 -5.6% |
| 2011 | $4,325 +5% | $319,000 -5.6% |
| 2010 | $4,119 +4.5% | $338,000 -1.5% |
| 2009 | $3,940 +35.4% | $343,000 +45.7% |
| 2006 | $2,910 +17.5% | $235,400 +15% |
| 2005 | $2,478 +10.9% | $204,700 +15% |
| 2004 | $2,234 +6.3% | $178,000 +13.4% |
| 2002 | $2,101 -39.2% | $157,000 |
| 2001 | $3,456 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.9 mi
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Estimated market value
$669,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$669,500
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 248 Center St