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  • $406,000

    401 Highway 7, Excelsior, MN 55331

    5beds
    4,200sqft
    Single Family Residence
    Built in 1987
    0.32 Acres Lot
    $407,800 Zestimate®
    $97/sqft
    $6,846 Estimated rent

    Home value

    $407,800

    $387,000 - $428,000

    $6,846/mo

    Zestimate® history
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    What's special

    Premier location with access to Lake Galpin right from your property, fishing, kayaking, paddle boarding in the summer, and skating, skiing, fishing in the winter. Plus it's only a 5 minute walk to vibrant downtown Excelsior and Lake Minnetonka. This home features over 3100 finished square feet with potential to add a bonus room in the spacious attic! New doors, new windows, freshly painted, new kitchen appliances 2021, new furnace, AC, water heater 2023. Excelsior residents get an amazing deal in the Lake Minnetonka boat slip lottery. Beautiful outdoor spaces including a recently refinished lower deck, newly screened in deck area, and large patio making this home the perfect place to host those summer BBQ's!

    Zillow last checked: 8 hours ago

    Listing updated: May 06, 2025 at 03:54pm

    Listed by:

    Jesse A Hendricks 612-735-2729,

    Berkshire Hathaway HomeServices North Properties,

    Kelly Calvert 507-261-2632

    Bought with:

    Troy Bauer

    Source One Realty, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6405129MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom 1
    • Level: Upper
    • Area: 270 Square Feet
    • Dimensions: 22.5x12
    Bedroom 2
    • Level: Upper
    • Area: 153 Square Feet
    • Dimensions: 17x9
    Bedroom 3
    • Level: Upper
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Bedroom 4
    • Level: Upper
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Bedroom 5
    • Level: Lower
    • Area: 378 Square Feet
    • Dimensions: 21x18
    Bonus room
    • Level: Third
    • Area: 500 Square Feet
    • Dimensions: 50x10
    Deck
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17x14
    Dining room
    • Level: Main
    • Area: 195.5 Square Feet
    • Dimensions: 17x11.5
    Family room
    • Level: Main
    • Area: 273 Square Feet
    • Dimensions: 19.5x14
    Kitchen
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Living room
    • Level: Main
    • Area: 276 Square Feet
    • Dimensions: 23x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Central Vacuum
    • Basement: Block,Daylight,Egress Window(s),Full,Partially Finished,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 4,200
    • Total interior livable area: 4,200 sqft
    • Finished area above ground: 2,800
    • Finished area below ground: 378

    Property

    Parking
    • Total spaces: 8
    • Parking features: Asphalt
    • Uncovered spaces: 8
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Has view: Yes
    • View description: East, Lake, Panoramic, South
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake View, Waterfront Num(27014400), Lake Acres(45)
    • Body of water: Galpin
    Lot
    • Size: 0.32 Acres
    • Dimensions: 140 x 90 x 140 x 110
    • Features: Corner Lot, Wooded
    Details
    • Foundation area: 1400
    • Parcel number: 3411723140033
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt,Pitched
    Condition
    • Age of Property: 38
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Excelsior
    • Subdivision: Auditors Sub 135

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/5/2025Listing removed$425,000$101/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6716566
    6/9/2025Price change$425,000-1.2%$101/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6716566
    5/9/2025Listed for sale$430,000-13.8%$102/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6716566
    9/29/2024Listing removed$499,000$119/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6607830
    9/26/2024Listed for sale$499,000+22.9%$119/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6607830

    Public tax history

    YearProperty taxesTax assessment
    2025$4,723 -5.5%$407,700 +3.1%
    2024$4,997 +7.3%$395,400 -8.1%
    2023$4,658 -0.1%$430,400 +9.8%

    Find assessor info on the county website

    Neighborhood: 55331

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $407,800

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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

    $407,800