21045 Ivy Lane, Excelsior, MN 55331

$1,900,000

Welcome home to high-end living just steps from downtown Excelsior

Virtual Tour

https://tours.spacecrafting.com/n-mfb03d

The expansive backyard is completely fenced

Inviting back porch features phantom screens that easily come down when desired

Gorgeous main gathering area that seamlessly extends outside

Spacious foyer showcasing an architecturally beautiful staircase

Meticulous detail and finish is showcased with white oak hardwood flooring, custom built-ins and porcelain solid surface fireplace surround

Entertaining is easy with this well-appointed kitchen

The kitchen showcases high-end stainless appliances, custom cabinetry, quartz counters and a walk-in pantry

A beautiful built-in buffet offers a beverage fridge, a tremendous amount of storage and additional serving space

Currently used as a dining area, this main floor room could also be a wonderful office

The mud room features a built-in bench with everyday coat/shoe storage, as well as a walk-in closet with built-in organizers

Natural light floods the open staircase to the upper level

The primary suite offers hardwood flooring, walk-in closet and private bath

Spa-like features fill the primary bath. Enjoy relaxing baths, dual vanities and a separate shower with tile surround

Bedroom 2 on upper level features a walk-in closet and private 3/4 bath

Bedroom 3 on upper level offers a walk-in closet

Bedroom 4 features a walk-in closet and walk-through, two-room full bath with tile finishes and dual vanity.

The walk-through hallway full bath offers great design and finish. Timeless subway tile backsplash and quartz counters.

Subway tile is continued around the tub surround

White oak hardwood flooring flows through the bonus room on the upper level. A great flex space to set up to best suit your needs!

Convenient upper level laundry offers great function and storage

The lower level hosts fun entertaining space with heated floors throughout with exception of the exercise and mechanical room

A built-in bar with beverage fridge and game table space are offered in addition to the media area.

The fifth bedroom is located on the lower level

Fantastic outdoor gathering and entertaining space

Sure to be a favorite room to relax and recharge throughout the summer

Great trail access directly into downtown Excelsior and beyond.

Enjoy easy strolls or bike rides to enjoy all the fun activities in Excelsior including summer concerts in the park, the Klondike Dog Sled Race, fun Chamber events or convenient dinner and shopping options.

Several marinas close by on Lake Minnetonka

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,736 Lot Size (sq. ft.): 17,860 Status: Closed

Current Price: $1,900,000 List Date: 4/18/2024 Last Modified: 9/27/2025

Overview

Description

This extraordinary model home, custom built by Konen Homes is truly impressive. The two-story home exudes a thoughtful design and distinctive features with unsurpassed craftsmanship. The main level is perfect for entertaining with a floor plan that effortlessly flows inside out to the maintenance-free deck and inviting covered porch with phantom screens. Upstairs offers four spacious bedrooms, three baths and an expansive bonus room. Enjoy family night or entertain in the lower level with heated floors. Perfect for movies, the big game or hosting poker night. Conveniently located with minutes of a variety of amenities in downtown Excelsior and only steps from the regional trail and Lake Minnetonka. A must see to appreciate! See supplements for extensive list of features.

Listing Details MLS# 6521622

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Year Built: 2020
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 1375
Above Grd Total SqFt: 3361
Below Grd Total SqFt: 1375
Total SqFt: 4736
Total Finished Sqft: 4430.00
Style: (SF) Single Family
Foundation Size: 1375
Garage Stalls: 3
Lot Dimensions: 98x200x107x184
Acres: 0.41

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Paneled Doors; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Basement: Drain Tiled; Drainage System; Egress Windows; Full Bath Description: Double Sink; Full Jack & Jill; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Other Electric: Circuit Breakers Exterior: Engineered Wood Family Room Characteristics: Lower Level Fencing: Chain Link; Full Financing Terms: Conventional Fireplace Characteristics: Gas Burning; Living Room Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air; In-Floor Heating; Radiant Laundry: Laundry Room; Sink; Upper Level Lot Description: Tree Coverage - Medium Parking Characteristics: Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level Stories: Two Water: Well

Contract Information

Off Market Date: 2024-07-15
Contingency: None
Closed Date: 2024-09-26
Original List Price: 2100000
Sales Close Price: 1900000
ListPrice: 2100000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 21045
Street Name: Ivy
Street Suffix: Lane
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Minnetonka Manor

Assessments

Tax With Assessments: 12039

Building Information

Finished SqFt Above Ground: 3361
Finished SqFt Below Ground: 1069

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 33x30
Garage Square Feet: 951

Public Survey Info

Range#: 23
Section#: 26
Township#: 117

Room Information

Room Name	Dimensions	Level
Second (2nd) Bedroom	14x12	Upper
First (1st) Bedroom	14x14	Upper
Fourth (4th) Bedroom	13x12	Upper
Third (3rd) Bedroom	12x11	Upper
Kitchen	19x17	Main
Dining Room	18x11	Main
Flex Room	11x10	Main
Screened Porch	19x12	Main
Living Room	19x18	Main
Family Room	31x16	Lower
Bonus Room	22x15	Upper
Fifth (5th) Bedroom	13x11	Lower
Exercise Room	11x9	Lower

Listing Office: Edina Realty, Inc.

Last Updated: September - 27 - 2025

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.

21045 Ivy Lane, Excelsior, MN 55331 (MLS# 6521622)