Welcome to Lake House #3, an exceptional luxury residence in the heart of Excelsior, just moments from the shores of Lake Minnetonka. Designed for effortless, turn-key living, this stunning condominium blends refined craftsmanship with elevated modern design. The home showcases impeccable finishes throughout, including wide-plank hardwood floors, custom cabinetry, and striking 9.5-foot coffered ceilings. The gourmet kitchen is a true centerpiece, featuring Thermador stainless steel appliances, a quartz waterfall-edge island, and a walk-in pantry with custom organizational shelving. A stylish wet bar with a dual-zone beverage center enhances the home’s entertaining appeal. Seamless indoor-outdoor living is achieved with a dramatic 12-foot accordion door that opens to a lakeside three-season porch with a wood-paneled ceiling, gas fireplace, and breathtaking 180-degree views. The luxurious primary suite offers a spacious walk-in closet with in-unit laundry, along with a spa-like bath featuring heated floors, dual vanities, a soaking tub, and a separate walk-in shower. Each additional bedroom includes its own en-suite bath and custom closet system. Thoughtful conveniences continue with three heated garage stalls, EV charging capability, and ample storage. Enjoy unparalleled walkability to Excelsior’s vibrant dining, shopping, and year-round community events, along with nearby attractions like the Excelsior Commons and regional trails.
Coming soon 06/10
$2,275,000
511 2nd St #3, Excelsior, MN 55331
3beds
2,552sqft
(CC) Low Rise (3- Levels)
Built in 2023
-- sqft lot
$-- Zestimate®
$891/sqft
$1,869/mo HOA
What's special
- 4 days |
- 413 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Elizabeth C Ulrich 612-964-7184,
Compass,
Michael B Steadman 612-296-0900
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7038770
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18x15
Bedroom 2
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18x11
Bedroom 3
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Deck
- Level: Main
- Area: 180 Square Feet
- Dimensions: 18x10
Deck
- Level: Main
- Area: 220 Square Feet
- Dimensions: 5x44
Dining room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Kitchen
- Level: Main
- Area: 330 Square Feet
- Dimensions: 15x22
Living room
- Level: Main
- Area: 312 Square Feet
- Dimensions: 24x13
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Stainless Steel Appliance(s), Wall Oven, Washer, Wine Cooler
- Laundry: Main Level, In Unit
Features
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Gas, Living Room, Other
Interior area
- Total structure area: 2,552
- Total interior livable area: 2,552 sqft
- Finished area above ground: 2,552
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Guest, Heated Garage, Garage, Secured, Shared Garage/Stall, Storage, Tuckunder Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (0x0)
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
Lot
- Size: 8,450 Square Feet
Details
- Foundation area: 2552
- Parcel number: 3511723220195
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) Low Rise (3- Levels)
- Attached to another structure: Yes
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Secured Garage/Parking
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Lobby Entrance, Other
- Services included: Internet, Other, Parking, Sanitation, Shared Amenities
- HOA fee: $1,869 monthly
- HOA name: Pending
- HOA phone: 612-296-0900
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $891/sqft
- Annual tax amount: $28,041
- Date on market: 6/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Listing removed | $8,900$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2025 | Listed for rent | $8,900$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2025 | Listing removed | $2,175,000$852/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6679768 Report a problem | ||
| 5/21/2025 | Price change | $2,175,000-4.4%$852/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6679768 Report a problem | ||
| 3/14/2025 | Listed for sale | $2,275,000-3.2%$891/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6679768 Report a problem | ||
| 7/29/2024 | Listing removed | $2,350,000$921/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem | ||
| 5/4/2024 | Listed for sale | $2,350,000$921/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem | ||
| 4/24/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem | ||
| 4/8/2024 | Listed for sale | $2,350,000$921/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem | ||
| 3/26/2024 | Listing removed | -- |
Source:  FMARMLS #6488966 Report a problem | ||
| 3/4/2024 | Listed for sale | $2,350,000$921/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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: 0.3 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 511 2nd St Unit 3
Nearby cities
Nearby zip codes
Other Excelsior Topics
