1 month on rocket

4940 Meadville St, Excelsior, MN, 55331

$5,450,000

4 Bedrooms
3 Full Baths, 2 Partial
5,963 SqFt
$914/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Garage Door Opener, Heated Garage, Insulated Garage, Tandem, Tuckunder Garage
Attached Garage3 spaces
Year Built1995
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontDock, Lake Front, Lake
FireplaceBrick, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
ViewLake, Panoramic, Other
MLS #6592306
StatusActive

About 4940 Meadville St

*NEW* Interior & Exterior UPDATES COMPLETE. Private detached GUESTHOUSE that sleeps six! Sunset showings are impressive! Buyer/Buyer's Agent to verify all measurements. Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain and have a blast in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay. Check out the charming nautical-theme guesthouse complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original lakeside boathouse, three separate outdoor patios and expansive flower landscaping. Recent home updates include a 2024 roof, fresh paint, new light fixtures, window enhancements and landscaping. Enjoy a prime location with easy access to the Lake Minnetonka Regional Trail, downtown Excelsior, and Cottagewood neighborhood. Don't hesitate, enjoy living the Lake Minnetonka lifestyle today!276-Minnetonka Schools

Property Details

Property Features

Property Information:

  • Year Built: 1995
  • Living Area: 5,963 SqFt

Listing Office:

  • Office Name: Keller Williams Premier Realty Lake Minnetonka

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Trash Compactor, Oven, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Brick, Family Room, Gas, Primary Bedroom, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Dock, Lake Front, Lake
  • View: Lake, Panoramic, Other

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage, Tandem, Tuckunder Garage

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: HWY 7 to Christmas Lake Rd go North, West on Excelsior Blvd., North on Minnetonka Blvd., to Meadville Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,450,000
  • Price Per SqFt: $914/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

4940 Meadville St vs Excelsior

56 DAYS ON ROCKET

+13 Days

$5,450,000

+$4.6M More

$914/SqFt

+$657 More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price and $657/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: #6592306

Listing Office:

  • Office Name: Keller Williams Premier Realty Lake Minnetonka

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Property Sales & Tax

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$27.2K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.4K

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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-1947676
9
/10
  • Excelsior Elementary

  • 441 Oak St

  • 1.15 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1947677
9
/10
  • Minnetonka Middle School West

  • 6421 Hazeltine Blvd

  • 2.23 miles

  • Public District Grades 6-8

High School

school-card-donut-1947678
10
/10
  • Minnetonka High School

  • 18301 Highway 7

  • 2.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,625. The most common annual income of people living in Excelsior, MN is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4940 Meadville St

What is the listing price of this property?

The listing price of 4940 Meadville St property is $5,450,000.

What type of property is this?

The property 4940 Meadville St is a house located in Excelsior, Minnesota, 55331.

Is this property for sale now?

Active Listing: 4940 Meadville 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 4940 Meadville 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 4940 Meadville St has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 4940 Meadville St is 5,963 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4940 Meadville St is 1995.
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Rocket Homes›Minnesota›Hennepin County›Excelsior›55331›4940 Meadville St

This home is located at 4940 Meadville St in Excelsior, MN and zip code 55331 in the Lower Lake South neighborhood. This 5,963 square foot home was built in 1995. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $5,450,000.

While more than 4 listings in Excelsior, MN in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and 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. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $759,500.

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

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