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401 Highway 7

Excelsior, MN 55331

5 beds
2 baths
3,178 sqft
13,939 sqft lot
$157 per sqft
1900 build
– on site

Discover this enchanting move-in ready 5 bedroom Excelsior home, Lake Minnetonka Lifestyle at your fingertips with access to Lake Galpin only steps away. With over 3,100 finished square feet there is plenty of space for everyone. The home is sure to delight with the open concept main floor, ready for entertaining. Hardwood floors and gas fireplace add to the charm. Amazing outdoor spaces including a recently refinished lower deck and a large patio making this home the perfect place to host those summer BBQ's!

Listing courtesy of NORTHSTAR / Troy Bauer / Source One Realty, LLC

Last checked: Checking… • Last updated Sep 29, 2024 •

MLS# 6607830 —

The Building

Year Built:

1900
New Construction:

false
Age Of Property:

124
Construction Materials:

Vinyl Siding
Roof:

Age Over 8 Years, Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1400.0000
Basement:

Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Full, Partially Finished, Sump Pump
Basement:

true
Foundation Area:

1400
Manufactured Home:

No
Above Grade Finished Area:

2800
Below Grade Finished Area:

378

Interior

Dining Room Description:

Separate/Formal Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Family Room
Amenities:

Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Window,Natural Woodwork,Panoramic View,Tile Floors,Walk-Up Attic

Room Dimensions

Living Area:

3178

Location

Directions:

Highway 7 West of Christmas Lake Road to home on South side of the road.
Latitude:

44.89887
Longitude:

-93.564963

The Property

Parcel Number:

3411723140033
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Corner Lot, Tree Coverage - Light
Lot Size Area:

0.32
Lot Size Dimensions:

140x90x140x110
Lot Size SqFt:

13939.2
Lot Size Units:

Acres
View:

East, Lake, Panoramic, South
Lake Chain:

N
Lake Acres:

45
Water Body Name:

Galpin
Waterfront Slope:

Gradual
Road Between Waterfront and Home:

No
Road Frontage Type:

Paved Streets, State Road, Highway
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4997
Tax With Assessments:

4996.5400

Beds

Bedrooms Total:

5

Baths

Total Baths:

2
Bath Description:

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

1
Three Quarter Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Central Vacuum, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Auditors Sub 135
Waterfront:

false
Waterfront Features:

Lake View
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Asphalt

Monthly cost estimate

Asking price

$499,000

Expense	Monthly cost
Mortgage	$2,671
Taxes	$416
Insurance	$137
Utilities	$284 See report
Total	$3,508/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
9/25/24 Sep 25, 2024	Listed / Active	NORTHSTAR	$499,000	22.9%
9/27/23 Sep 27, 2023		NORTHSTAR	$406,000	-2.2%
8/18/23 Aug 18, 2023		NORTHSTAR	$415,000

48% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $75k over asking price.

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This house located in Excelsior, MN 55331 is currently for sale for $499,000. 401 Highway 7 is a 3,178 square foot house with 5 beds and 2 baths that has been on Estately for 60 days. This house is in the attendance area of Middle School West, Minnetonka High School, and Excelsior Elementary School.

Listing Courtesy of: NORTHSTAR and Source One Realty, LLC.

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.

©2024 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.