138 2nd Street, Excelsior, MN 55331 (MLS# 7046880)

138 2nd Street, Excelsior, MN 55331

$2,495,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,729 Lot Size (sq. ft.): 8,798 Status: Pending
Current Price: $2,495,000 List Date: 4/09/2026 Last Modified: 9/10/2026

Overview

Description

This to-be-built custom home by Zehnder Homes offers an exceptional opportunity to create a truly personalized luxury residence just two blocks from both Excelsior Commons and the charm of Water Street. Set on an 88' wide lot, this rare walkout lot provides the perfect setting for your dream home. Enjoy walkable access to Lake Minnetonka, local dining, shops, and year-round community events all from one of the most sought-after locations in the west metro. Designed with over 4,500 finished square feet, this five-bedroom, five-bath home will showcase the elevated craftsmanship and thoughtful design Zehnder Homes is known for. The open-concept main level is planned for both everyday living and effortless entertaining, featuring expansive living spaces, a gourmet kitchen with high-end appliances, custom cabinetry, and a generous butler's pantry. Upstairs, a luxurious primary suite will offer a spa-inspired bath and oversized walk-in closet, complemented by well appointed secondary bedroom ...

Listing Details MLS# 7046880

General Property Information

Common Wall
No
Lot Measurement
Square Feet
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront YN
No
Year Built
2026
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
1379
Above Grd Total SqFt
3348
Below Grd Total SqFt
1381
Total SqFt
4729
Lot Size SqFt
8798
Total Finished Sqft
4527.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1379
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
88x100
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Amenities Unit: Cable; Deck; Ethernet Wired; Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Local Area Network; Multiple Phone Lines; Natural Woodwork; Paneled Doors; Patio; Porch; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Wet Bar Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Energy Star Appliances; Freezer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Wine Cooler Assumable Loan: Not Assumable Basement: Drain Tiled; Full; Sump Pump; Tile Shower Bath Description: Double Sink; Full Jack & Jill; His and Her Closets; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower Builder Information: Builders Association of the Twin Cities Construction Materials: Concrete; Frame Construction Status: To Be Built/Floor Plan Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room Electric: 200+ Amp Service; Circuit Breakers Existing Financing: Other Exterior: Brick/Stone; Cement Board; Shakes Family Room Characteristics: 2 or More; Entertainment/Media Center; Family Room; Great Room; Loft; Lower Level; Main Level Fencing: None Fireplace Characteristics: Gas Burning; Living Room Fuel: Natural Gas Green Energy Efficient: Appliances; Construction; Doors; HVAC; Insulation; Lighting; Thermostat; Water Heater; Windows Green Indoor Air Quality: Passive Radon Mitigation System; Ventilation Green Sustainability: Recycled Materials; Renewable Materials Heating: Forced Air; Humidifier; In-Floor Heating; Zoned Internet Options: Cable Laundry: Electric Dryer Hookup; Laundry Room; Sink; Upper Level Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Sod Included in Price; Tree Coverage - Medium; Underground Utilities Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 4 BR on One Level; Primary Bdr Suite Stories: Two Water: Well

Contract Information

Off Market Date
2026-09-10
Contingency
None
Original List Price
2495000
ListPrice
2495000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
138
Street Name
2nd
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Sheldons Add To Excelsior

Assessments

Assessment Balance
75.81
Tax With Assessments
9439.02

Builder Information

Builder ID
ZEHNDER HOMES INCORPORATED
Builder License Number
582356
Builder Name
ZEHNDER HOMES INCORPORATED

More Information

Building Information

Finished SqFt Above Ground
3348
Finished SqFt Below Ground
1179

Green Verification

Green Verification Type
ENERGY STAR Certified Homes
Verification Source
Program Verifier

Green Verification 2

Green Verification Type
GreenStar Homes Certification
Verification Source
Program Verifier

Green Verification 3

Green Verification Type
Home Energy Rating System
Verification Source
Program Verifier

Green Verification 4

Green Verification Type
Home Energy Score
Verification Source
Program Verifier

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
30x22
Garage Door Height
8
Garage Door Width
8
Garage Square Feet
680

Public Survey Info

Range#
23
Section#
34
Township#
117

Room Information

Room NameDimensionsLevel
Bar/Wet Bar Room13x10Lower
Dining Room15x12Main
Exercise Room17x10Lower
Family Room29x16Lower
Fifth (5th) Bedroom12x12Lower
First (1st) Bedroom18x14Upper
Fourth (4th) Bedroom14x12Upper
Great Room20x18Main
Kitchen14x14Main
Loft12x10Lower
Office10x10Main
Second (2nd) Bedroom14x12Upper
Third (3rd) Bedroom14x13Upper
IDX
Listing Office: RE/MAX Results
Last Updated: September - 10 - 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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