278 W Lake Street, Excelsior, MN 55331 (MLS# 6344602)

278 W Lake Street, Excelsior, MN 55331

$2,500,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,182 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $2,500,000 List Date: 4/11/2023 Last Modified: 8/07/2025

Overview

Description

Outstanding home in the heart of Excelsior! Thoughtfully constructed for today’s lifestyle offering a wonderful blend of textures and a modern, coastal feel. Enjoy gorgeous west facing views of Lake Minnetonka and the conveniences that charming downtown Excelsior has to offer. This 2-story Stonewood built home, designed by Kathy Alexander from Alexander Design Group, offers top of the line fit & finish throughout including a Chef’s kitchen with Subzero and Wolf appliances, and custom cabinetry with draw organizers and soft close hinges. There are wide plank white oak floors throughout most of the home, Marvin Elevate windows, and top of the line lighting and plumbing fixtures. The garage is heated with floor drains and has a dog wash station. Excellent curb appeal with a front porch and back deck constructed of Ipea, Hardie Board siding and a Blue Stone front walkway and backyard patio. This home has it all; you won’t want to change a thing!

Listing Details MLS# 6344602

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
No
Waterfront YN
No
Year Built
2021
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1332
Above Grd Total SqFt
2850
Below Grd Total SqFt
1332
Total SqFt
4182
Total Finished Sqft
3623.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1332
Power Company
Xcel Energy
Garage Stalls
2
Lot Dimensions
100 x 110 x 79 x 100
Acres
0.21

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Amenities Unit: Cable; Ceiling Fan(s); Deck; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Paneled Doors; Panoramic View; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Gas Water Heater; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Drain Tiled; Storage Space; Sump Pump Bath Description: Full Jack & Jill; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Living/Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Cement Board Family Room Characteristics: Great Room; Loft; Main Level Fencing: None Financing Terms: Cash Fireplace Characteristics: Family Room; Gas Burning Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air; In-Floor Heating; Zoned Internet Options: Cable Laundry: Gas Dryer Hookup; Laundry Room; Lower Level; Sink; Upper Level Lot Description: Corner Lot; Tree Coverage - Medium Parking Characteristics: Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Storage Pool Description: None Road Frontage: City Street; Paved Streets; Sidewalks; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level Stories: Two Water: City Water/Connected Waterfront View: Bay; Lake; West

Contract Information

Off Market Date
2023-04-15
Contingency
None
Closed Date
2023-06-27
Original List Price
2499000
Sales Close Price
2500000
ListPrice
2499000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
278
Street Direction Prefix
W
Street Name
Lake
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Bells Sub Lts 61 62 & 63 Excelsior

Building Information

Finished SqFt Above Ground
2850
Finished SqFt Below Ground
773

Lake Details

Lake Acres
14205
Lake Depth
113

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22 x 23
Garage Square Feet
506

Public Survey Info

Range#
23
Section#
34
Township#
117

Room Information

Room NameDimensionsLevel
Laundry8 x 7Upper
Office14 x 13Lower
Office10 x 12Upper
Flex Room15 x 13Lower
Third (3rd) Bedroom12 x 12Upper
Fourth (4th) Bedroom15 x 11Lower
Family Room10 x 14Upper
Mud Room8 x 9Main
Other10 x 7Main
First (1st) Bedroom17 x 15Upper
Second (2nd) Bedroom12 x 13Upper
Great Room17 x 16Main
Kitchen25 x 13Main
Dining Room10 x 10Main
Pantry (Walk-In)8 x 6Main
IDX
Listing Office: Coldwell Banker Realty
Last Updated: August - 07 - 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.
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