The most affordable home in Excelsior Village neighborhood, very close to Lake Minnetonka & Regional Trail, and short walk to fabulous water street business district, shops and restaurants. Home has been recently remodeled with new kitchen and bathrooms, nwe windows, new appliances, new mechanical, all new floors. West facing porch and deck. Lots of coveted off street parking. Couple block walk to Maynards Restaurant on Lake Minnetonka. The property is zoned Milti-Use Commercial so flexible future use here is unlimited. Can't go wrong with this investment, location - location - location. Dock rights, lake rights thru city on waiting list.
Active
Price cut: $15.1K (8/14)
$379,900
351 Morse Ave, Excelsior, MN 55331
3beds
1,128sqft
Est.:
Single Family Residence
Built in 1940
6,969.6 Square Feet Lot
$380,600 Zestimate®
$337/sqft
$-- HOA
What's special
West facing porchNew appliancesNew kitchenOff street parking
- 181 days
- on Zillow |
- 2,672 |
- 96 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 12:06pm
Listed by:
Paul W Larson 612-723-1000,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6673152

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/4 bathrooms: 1
Rooms
- Room types: Kitchen, Den, Porch, Bedroom 1, Bedroom 2, Bedroom 3
Bedroom 1
- Level: Upper
- Area: 166.75 Square Feet
- Dimensions: 14.5 X 11.5
Bedroom 2
- Level: Upper
- Area: 150 Square Feet
- Dimensions: 12.5 X 12
Bedroom 3
- Level: Upper
- Area: 135 Square Feet
- Dimensions: 15 X 9
Den
- Level: Main
- Area: 150 Square Feet
- Dimensions: 12.5 X 12
Kitchen
- Level: Main
- Area: 105 Square Feet
- Dimensions: 15 X 7
Porch
- Level: Main
- Area: 78 Square Feet
- Dimensions: 13 X 6
Heating
- Boiler
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Basement: Full,Unfinished
- Has fireplace: No
- Fireplace features: Decorative
Interior area
- Total structure area: 1,128
- Total interior livable area: 1,128 sqft
- Finished area above ground: 1,128
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 75 x 101 x 72 x 92
Details
- Foundation area: 752
- Parcel number: 3411723140044
- Zoning description: Business/Commercial,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Fiber Board, Frame
- Roof: Asphalt
Condition
- Age of Property: 85
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: College Point
HOA
- Has HOA: No
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $256,000
- Annual tax amount: $3,058
- Date on market: 2/19/2025
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