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243 3rd Street

Excelsior, MN 55331

3 beds
4 baths
2,100 sqft
6,534 sqft lot
$619 per sqft
1885 build
– on site

This is the Excelsior village property you've been waiting for. Turn-key with a careful balance of vintage farmhouse detailing and significant remodeling and recent updates inside and out, this is the perfect home base for enjoying the Excelsior lifestyle. Built in 1885, the home is centrally located one block from Water Street where you'll enjoy an authentic, vibrant, small town feel offering an abundance of amazing restaurants, coffee shops, a grocery store, and boutique shopping. It's also just a short walk to the shores of Lake Minnetonka, the Excelsior Commons, and beaches. The classically appointed chef's kitchen features custom cherry cabinetry, Wolf range, Sub-Zero refrigerator, soapstone countertops, and ample natural light. On the 2nd level there are 3 bedrooms, 2 bathrooms, and a laundry room right outside the primary suite. There's even a petite vineyard lining the driveway with Marquette and Frontenac grapes. The 2-car detached garage offers significant storage above or the ideal future studio, office, or playroom. Minnetonka schools and Excelsior Elementary, boat slip waiting-list through the City.

Listing courtesy of NORTHSTAR / Michael Monson / The Landschute Group,Inc.

Last checked: Checking… • Last updated Mar 26, 2025 •

MLS# 6691588 —

The Building

Year Built:

1885
New Construction:

false
Age Of Property:

140
Construction Materials:

Fiber Cement
Roof:

Architectural Shingle, Asphalt, Metal
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1100.0000
Basement:

Unfinished
Basement:

true
Foundation Area:

1100
Foundation Dimensions:

26x42
Manufactured Home:

No
Building Area Total:

2100
Above Grade Finished Area:

2100

Interior

Dining Room Description:

Separate/Formal Dining Room
Fireplace:

false
Amenities:

Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,Tile Floors

Room Dimensions

Living Area:

2100

Location

Directions:

Hwy 7 to 2nd Street Left on Water Street Right on 3rd Street to home.
Latitude:

44.903487
Longitude:

-93.569468

The Property

Parcel Number:

3411723120064
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Tree Coverage - Medium
Lot Size Area:

0.15
Lot Size Dimensions:

58.66x110
Lot Size SqFt:

6534
Lot Size Units:

Acres
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Other Structures:

Additional Garage
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

11851
Tax With Assessments:

11851.0000

Beds

Bedrooms Total:

3

Baths

Total Baths:

4
Bath Description:

3/4 Primary,Main Floor 1/2 Bath,Upper Level Full Bath
Full Baths:

1
Three Quarter Baths:

1
Half Baths:

1
Quarter Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Connors & Others Sub Lts Excelsior
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Detached, Concrete
Garage Spaces:

2
Garage Door Height:

7
Garage Door Width:

18
Garage Dimensions:

24x23
Garage SqFt:

552

Monthly cost estimate

Asking price

$1,299,999

Expense	Monthly cost
Mortgage	$6,961
Taxes	$987
Insurance	$357
Utilities	$234 See report
Total	$8,539/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
3/25/25 Mar 25, 2025	Listed / Active	NORTHSTAR	$1,299,999	312.7% (25.1% / YR)
10/4/12 Oct 4, 2012		NORTHSTAR	$315,000

House For Sale

$1,299,999

Cost Est.

$8,539/mo.

Listing provided by broker:

Michael Monson

The Landschute Group,Inc.

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This house located in Excelsior, MN 55331 is currently for sale for $1,299,999. 243 3rd Street is a 2,100 square foot house with 3 beds and 4 baths that has been on Estately for 1 days. This house is in the attendance area of Minnetonka High School, Middle School West, and Excelsior Elementary School.

Listing Courtesy of: NORTHSTAR and The Landschute Group,Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.