1000 Gale Island, Excelsior, MN 55331 (MLS# 7032563)

1000 Gale Island, Excelsior, MN 55331

$7,250,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,351 Lot Size (sq. ft.): 87,120 Status: Active
Current Price: $7,250,000 List Date: 8/11/2026 Last Modified: 9/08/2026

Overview

Description

Rare opportunity to own one of Lake Minnetonka’s private islands offering approximately 1,841’ of unparalleled lakeshore! Throughout the last 150 years, Gale Island has evolved into a one-of-a-kind compound where generations have gathered to celebrate summers, holidays, and lifelong traditions. The original Summer House was built in 1874 and is among four cabins throughout the 2 acre setting! Beautifully updated throughout the years, each structure tells its own story while maintaining it’s historical charm. The Summer House offers 3 BR/2.5 BA; the Main House 3 BR/2.5BA; the Guest House 2 BR/1BA; and the Tower offers a living area with ½ bath. Properties of this significance rarely become available-- Gale Island offers an opportunity to become the next steward of one of Lake Minnetonka’s historic landmarks! See supplement for additional information. ***Do NOT access the island without prior approval from the Listing Agent. Buyer verification of funds must accompany all showin ...

Listing Details MLS# 7032563

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
No
Waterfront Frontage
1841
Waterfront YN
Yes
Year Built
1874
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
2
Bath Half
Yes
Total Finished Sqft
1351.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1250
Lot Dimensions
Irregular
Acres
2
Assessment Pending
Unknown

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Dock; Hardwood Floors; Kitchen Center Island; Kitchen Window Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: None Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Living/Dining Room Exterior: Shakes Fireplace Characteristics: Stone Foundation: Other Fuel: Other Heating: Forced Air Laundry: Main Level Lot Description: Island/Peninsula Outbuildings: Guest House; Second Residence; Other Parking Characteristics: None Roof: Shake Sewer: Private Sewer Stories: One Water: Well Waterfront Type: Lake Front Waterfront View: Panoramic

Contract Information

Contingency
None
Original List Price
7250000
ListPrice
7250000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1000
Street Name
Gale Island
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331

Assessments

Tax With Assessments
23202

Building Information

Finished SqFt Above Ground
1351

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Township#
117

Documents

IDX
Listing Office: Coldwell Banker Realty
Last Updated: September - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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