254 Lake Street, Excelsior, MN 55331
$4,195,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,661 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $4,195,000 List Date: 6/23/2026 Last Modified: 9/13/2026
Overview
Description
... (Read more) Completed new construction! Breathtaking Peter Eskuche + Mikan collaboration offering the highest level of finish and stunning lake views throughout! Enjoy the unparalleled architectural details and open flowing floorplan offering walls of windows showcasing views overlooking Excelsior Bay. The main-level features light + bright spaces; gourmet kitchen with high-end appliances, coffee bar, prep area and walk-in pantry. Spacious family room with sliding glass doors that open to the large porch with phantom screens + electronic pergola, dipping pool/hot tub and unmatched water views, creating the perfect blend of indoor + outdoor living! The upper-level offers a loft with built-ins and beverage fridge; bonus room with fireplace + lake views; office area; two guest bedrooms and spacious primary suite with spa-like bathroom (heated floors)! Lower-level featuring unparalleled amenities including the large family room + game area; wet bar with beverage fridges; exercise room; sauna and golf simulator. Extra-deep 2-car garage (heated, sink, water spigot). Ideally located in the heart of Excelsior just steps to shops, restaurants and all the amenities downtown has to offer! Truly a must see!
Listing Details MLS# 7097500
General Property Information
- Common Wall
- No
- Lot Measurement
- Acres
- Manufactured Home?
- No
- Multiple PIDs?
- No
- New Development
- No
- Number of Fireplaces
- 2
- Waterfront YN
- No
- Year Built
- 2024
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Bath Full
- Yes
- Bath Three Quarters
- 2
- Bath Half
- Yes
- Total Finished Sqft
- 4661.00
- FireplaceYN
- Yes
- Lake/Waterfront Name
- Minnetonka
- Style
- (SF) Single Family
- Foundation Size
- 1766
- Garage Stalls
- 2
- Lot Dimensions
- Irregular
- Acres
- 0.16
- Assessment Pending
- No
Property Features
Accessible: None Air Conditioning: Central Air Amenities Unit: Exercise Room; Hardwood Floors; Hot Tub; Kitchen Center Island; Kitchen Window; Panoramic View; Primary Bedroom Walk-In Closet; Sauna; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Chandelier; Dishwasher; Dryer; Microwave; Refrigerator; Washer Basement: Full Bath Description: Sauna; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary Construction Status: Completed New Construction Dining Room Description: Informal Dining Room Exterior: Other Family Room Characteristics: Lower Level; Main Level Fireplace Characteristics: Family Room Foundation: Other Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Upper Level Parking Characteristics: Heated Garage; Insulated Garage Pool Description: Below Ground; Heated Roof: Age 8 Years or Less Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront Type: Lake View
Contract Information
- Contingency
- None
- Original List Price
- 4495000
- ListPrice
- 4195000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 254
- Street Name
- Lake
- Street Suffix
- Street
- Postal City
- Excelsior
- County
- Hennepin
- State
- MN
- Zip Code
- 55331
- Complex/Dev/Subdivision
- Seamans Sub Of Lts 7 & 8 Excelsior
Assessments
- Tax With Assessments
- 14117
Building Information
- Finished SqFt Above Ground
- 2983
- Finished SqFt Below Ground
- 1678
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
- Range#
- 23
- Section#
- 34
- Township#
- 117
Room Information
| Room Name | Dimensions | Level |
|---|---|---|
| Amusement Room | 18 x 15 | Lower |
| Bar/Wet Bar Room | 16 x 6 | Lower |
| Bonus Room | 18 x 16 | Upper |
| Exercise Room | 13 x 10 | Lower |
| Family Room | 18 X 17 | Main |
| Family Room | 19 x 16 | Lower |
| First (1st) Bedroom | 15 x 14.5 | Upper |
| Fourth (4th) Bedroom | 15 x 12 | Lower |
| Informal Dining Room | 15 X 11 | Main |
| Kitchen | 17 X 13 | Main |
| Screened Porch | 16 x 17 | Main |
| Second (2nd) Bedroom | 16 x 8 | Upper |
| Third (3rd) Bedroom | 16 x 8 | Upper |
| Sun Room | 15 x 11 | Main |
Documents

Listing Office: Coldwell Banker Realty
Last Updated: September - 13 - 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.
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