3 months on rocket

174 Lake St, Excelsior, MN, 55331

$3,995,000

4 Bedrooms
2 Full Baths
4,080 SqFt
$979/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Garage Door Opener, Multiple Garages
Attached Garage2 spaces
Year Built1900
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceTwo Sided, Gas, Living Room, Other
ViewPanoramic
MLS #6574890
StatusActive

About 174 Lake St

Classic lakeshore home in the heart of Excelsior! Panoramic views from nearly every room. This well-appointed home features center-island kitchen with breakfast bar. Dining room with two-sided fireplace, multiple gathering spaces including a wrap-around screened porch with miles of Lower Lake views to Big Island and beyond. Four bedrooms on the upper level including lakeside primary suite with luxury bath, and walk-in closet. Laundry rooms on both the upper and lower levels. Two-car attached garage and additional detached garage provides room for all the toys. Beautifully landscaped grounds with perennial gardens and several outdoor living spaces. Prime downtown Excelsior location – one of the few lakefront homes in town. Walk to restaurants, shopping, Commons Park and beach. Award-winning Minnetonka Schools.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,080 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Two Sided, Gas, Living Room, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Garage Door Opener, Multiple Garages

Lot Features

Lot Information:

  • Lot: Irregular Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Minnetonka High School, Public District Grades 9-12
  • Minnetonka Middle School West, Public District Grades 6-8
  • Excelsior Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Water St to 2nd St, Right on West Lake St, Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,995,000
  • Price Per SqFt: $979/SqFt
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Housing Market Comparison

See how this home compares to others in Excelsior, MN.

Med. Sold Price

$759.5K

Med. Price/SqFt

$256

Avg. Days On Market

43

# of Sold Homes

25

174 Lake St vs Excelsior

102 DAYS ON ROCKET

+59 Days

$3,995,000

+$3.2M More

$979/SqFt

+$722 More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $722/SqFt more than other homes in Excelsior, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6574890

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2125263
9
/10
  • Excelsior Elementary

  • 441 Oak St

  • 0.53 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2125264
9
/10
  • Minnetonka Middle School West

  • 6421 Hazeltine Blvd

  • 1.49 miles

  • Public District Grades 6-8

High School

school-card-donut-2125265
10
/10
  • Minnetonka High School

  • 18301 Highway 7

  • 2.96 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,833. Typical income of Excelsior, MN residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 174 Lake St

What is the listing price of this property?

The listing price of 174 Lake St property is $3,995,000.

What type of property is this?

The property 174 Lake St is a house located in Excelsior, Minnesota, 55331.

Is this property for sale now?

Active Listing: 174 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 174 Lake St are:
Excelsior Elementary: GreatSchools Rating 9/10
Minnetonka Middle School West: GreatSchools Rating 9/10
Minnetonka High School: GreatSchools Rating 10/10

How many bedrooms and bathrooms does this property have?

The property at 174 Lake St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 174 Lake St is 4,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 174 Lake St is 1900.
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Rocket HomesMinnesotaHennepin CountyExcelsior55331174 Lake St

This home is located at 174 Lake St in Excelsior, MN and zip code 55331 in the Lower Lake South neighborhood. This 4,080 square foot home was built in 1900. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $3,995,000.

In October 2024 more than 4 listings in Excelsior, MN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 16 were sold below. The number of homes for sale in Excelsior, MN decreased by 0.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 43 days, the median list price was $759,500.

From Rocket Homes Real Estate and based on county public records data.

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