423 Lake Street Excelsior, MN 55331

$1,100,000
Active
estimated monthly payment
2 Beds  |  2 Baths  |  1,101 Sq Ft  |  (TH) Side x Side  |  MLS # 7164580
  • Welcome to your getaway, right on Lake Minnetonka and in the heart of downtown Excelsior!
    Welcome to your getaway, right on Lake Minnetonka and in the heart of downtown Excelsior!
  • An end unit, complete with a front porch sitting area.
    An end unit, complete with a front porch sitting area.
  • One more view of the townhomes
    One more view of the townhomes
  • The back balcony with a lake view.
    The back balcony with a lake view.
  • Headed inside from the back deck to the main floor, spacious living room. A wall of windows to bring the outdoors in and provide a lake view.
    Headed inside from the back deck to the main floor, spacious living room. A wall of windows to bring the outdoors in and provide a lake view.
  • A must in MN - cuddle up and enjoy the warmth from the gas fireplace.
    A must in MN - cuddle up and enjoy the warmth from the gas fireplace.
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  7
  • A view from the living room into the kitchen and front entryway.
    A view from the living room into the kitchen and front entryway.
  • A view of the living room from the kitchen.
    A view of the living room from the kitchen.
  • Galley kitchen with a window view of the many walker, bikers & joggers of Excelsior.
    Galley kitchen with a window view of the many walker, bikers & joggers of Excelsior.
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  11
  • View from the entryway - Just behind the door is the main floor 1/2 bathroom.
    View from the entryway - Just behind the door is the main floor 1/2 bathroom.
  • Main floor 1/2 bath with its classic vintage touches.
    Main floor 1/2 bath with its classic vintage touches.
  • Heading upstairs you will find a spacious primary bedroom with a lake view!
    Heading upstairs you will find a spacious primary bedroom with a lake view!
  • Windows with a view -
    Windows with a view -
  • Primary bedroom - plenty of space for a king bed and more.
    Primary bedroom - plenty of space for a king bed and more.
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  17
  • Just across there hall is the second bedroom - also a very nice size.
    Just across there hall is the second bedroom - also a very nice size.
  • Behind the closet doors is the upper level laundry room and closet combination.
    Behind the closet doors is the upper level laundry room and closet combination.
  • Stackable washer and dryer  - easy access to get the laundry done!
    Stackable washer and dryer - easy access to get the laundry done!
  • In the upper level hallway is a generously sized linen cabinet for extra storage within the home.
    In the upper level hallway is a generously sized linen cabinet for extra storage within the home.
  • Upper level full bathroom. The tile is in great condition if you wanted to add some mid-century modern finishes to complete the look.
    Upper level full bathroom. The tile is in great condition if you wanted to add some mid-century modern finishes to complete the look.
  • Beautiful, established gardens you get to enjoy, but the HOA takes care of!
    Beautiful, established gardens you get to enjoy, but the HOA takes care of!
  • One off street assigned parking space plus the covered garage spot gives you two assigned parking spots.
    One off street assigned parking space plus the covered garage spot gives you two assigned parking spots.
  • Aerial view of the townhome and lake.
    Aerial view of the townhome and lake.
  • The townhome is circled and the red line is Main Street - You can not beat the location this townhome provides to the water and the charming downtown.
    The townhome is circled and the red line is Main Street - You can not beat the location this townhome provides to the water and the charming downtown.
  • Welcome to Bayshore Manor - A destination for boating! Located near the Port of Excelsior where the 4th of July fireworks are right across the bay!
    Welcome to Bayshore Manor - A destination for boating! Located near the Port of Excelsior where the 4th of July fireworks are right across the bay!
  • The dock and a boat slip are included in the HOA fees - A very nice amenity!
    The dock and a boat slip are included in the HOA fees - A very nice amenity!
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  29
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  30
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  31
  • Excelsior Commons Park - Just a hop, skip and jump away.
    Excelsior Commons Park - Just a hop, skip and jump away.
  • Let's explore downtown Excelsior
    Let's explore downtown Excelsior
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  34
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  35
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  36
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  37
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  38
  • Tommy's Tonka Trolley - Ice Cream
    Tommy's Tonka Trolley - Ice Cream
  • 423 Lake Street, Excelsior, MN 55331 Listing Photo  40
  • The docks and boat slips included with the townhome.
    The docks and boat slips included with the townhome.

About The Listing

Rare Opportunity for Lake Minnetonka Living in the Heart of Downtown Excelsior! Opportunities to own in this exclusive waterfront townhome community are few and far between! Perfectly positioned between the sparkling shores of Lake Minnetonka and the vibrant charm of downtown Excelsior, this desirable corner unit offers an exceptional lifestyle where boating, dining, shopping, and lakeside living are all just steps from your front door. With a private boat slip and dock included, your summers can be spent enjoying everything Lake Minnetonka has to offer. Bring your vision and personal style to this home and take advantage of the winter months to transform the interior into your ideal lakeside retreat—just in time for an unforgettable summer of 2027!
Enjoy the convenience of your own private entrance, two dedicated parking spaces—including one covered space with additional storage—and an unbeatable location. Step out your back door toward the lake or head out front to explore Excelsior's celebrated restaurants, boutiques, grocery store, and lively downtown atmosphere.
Two bedrooms, two bathrooms, two parking spaces, and your very own boat slip on Lake Minnetonka! This is more than a home—it's an opportunity to embrace the waterfront lifestyle you've been dreaming of, right in the heart of one of Minnesota's most beloved lake communities.


Listing courtesy of Colleen Gonzalez, Keller Williams Realty Integrity Lakes
Purchase Price
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Homeowner's Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1968
MLS #: 7164580
Bedrooms: 2
Square Feet: 1,101
Bathrooms (Full): 1
Price Per Square Foot: $999
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 0
Garage Spaces: 1
Parking Description: Assigned, Carport, Covered, Detached Garage, Parking Lot
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: None
Foundation Type: Block
Roof Description: Wood
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 11/06/2026
List Date: 10/27/2026
Listing Agent ID: 506013333
Listing Office: Keller Williams Realty Integrity Lakes
Listing Office ID: 6582
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
Fireplace Features: Gas, Living Room
Laundry Features: In Unit, Upper Level
Number of Fireplaces: 1
Exterior Features: Cedar, Shakes, Wood
Fence: None
Lot Size: 1.048 Acres
Pool Description: None
Lot Features: Accessible Shoreline, Tree Coverage - Medium
View Description: Lake
Waterfront: Lake Front
School District: Minnetonka
Tax Year: 2026
HOA: Bay Shore Condominiums
Estimated Taxes: $11,045
HOA Fee: 422.0
Contingency Type: None
HOA Frequency: Monthly
HOA Fee Inclusions: Building Exterior, Controlled Access, Dock, Lawn Care, Maintenance Grounds, Parking, Sanitation, Shared Amenities, Snow Removal
HOA Requirment: 1
City: Excelsior
Zip: 55331
County: Hennepin
Subdivision: Condo 0003 Bay Shore Manor
State: MN
Listing last updated: 11/06/26

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