465 Lakeview Avenue, Excelsior, MN 55331
$3,175,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,505 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $3,175,000 List Date: 7/19/2025 Last Modified: 8/23/2026
Overview
Description
... (Read more) Beautifully updated home on premier “A”-rated Gideon Bay of Lake Minnetonka with 60 feet of prime, south-facing shoreline and unobstructed lake views. Enjoy level, walk-out access to the water and abundant natural light throughout, thanks to all of the expansive windows. Renovated by Revision by Stonewood in 2018 and meticulously maintained, this home blends timeless charm with modern updates. The upper level features the primary suite with private bathroom, three bedrooms and an additional bathroom. The main level includes a flexible office or fifth bedroom, laundry/mudroom, and a full bathroom. The unfinished lower level offers ample storage. Outdoor and storage needs are met with both an attached 2-car garage and a large detached 26' x 27' 2-car garage—perfect for boats, lake toys, or extra vehicles. Newly built in 2022, the guest cottage provides an additional 226 sqft of living space for visitors, a home office, or creative pursuits. Enjoy dining and relaxing outdoors on the spacious lakeside patio that was updated in 2021. Located minutes from downtown Excelsior, Orono, Wayzata, and Chanhassen and within the award-winning Minnetonka School District. An exceptional opportunity to own a turnkey lakefront property in one of Lake Minnetonka’s most desirable locations.
Listing Details MLS# 6748408
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 Frontage
- 60
- Waterfront YN
- Yes
- Year Built
- 1990
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Bath Full
- Yes
- Bath Three Quarters
- 2
- Main Floor Total SqFt
- 1175
- Above Grd Total SqFt
- 2440
- Below Grd Total SqFt
- 1065
- Total SqFt
- 3505
- Total Finished Sqft
- 2440.00
- FireplaceYN
- Yes
- Lake/Waterfront Name
- Minnetonka
- Style
- (SF) Single Family
- Foundation Size
- 1065
- Power Company
- Xcel Energy
- Garage Stalls
- 4
- Lot Dimensions
- irregular
- Acres
- 0.31
- Assessment Pending
- No
Property Features
Accessible: None Air Conditioning: Central Air Amenities Unit: Dock; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Water Osmosis System Assumable Loan: Not Assumable Basement: Drain Tiled; Full; Storage Space; Sump Pump; Unfinished Bath Description: Double Sink; Main Floor Full Bath; Upper Level 3/4 Bath; 3/4 Primary; Private Primary; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Elevation Highpoint to Waterfront Slope: Level Exterior: Fiber Board Family Room Characteristics: Family Room; Great Room; Main Level Fencing: Partial; Privacy; Wood Financing Terms: Cash Fireplace Characteristics: Decorative; Gas Burning Foundation: Other Fuel: Natural Gas Heating: Forced Air Lake Details: Hard; Sand Laundry: Gas Dryer Hookup; Laundry Room; Main Level; Washer Hookup Lock Box Type: Supra Lot Description: Accessible Shoreline; Tree Coverage - Light Outbuildings: Additional Garage; Bunk House Parking Characteristics: Multiple Garages; Garage Door Opener; Heated Garage; Insulated Garage; Storage Pool Description: None Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 3 BR on One Level; 4 BR on One Level; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront Type: Lake Front Waterfront View: South
Contract Information
- Off Market Date
- 2025-08-03
- Contingency
- None
- Closed Date
- 2025-08-22
- Original List Price
- 3300000
- Sales Close Price
- 3175000
- ListPrice
- 3300000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 465
- Street Name
- Lakeview
- Street Suffix
- Avenue
- Postal City
- Excelsior
- County
- Hennepin
- State
- MN
- Zip Code
- 55331
- Complex/Dev/Subdivision
- Minnetonka Lake Park
Assessments
- Tax With Assessments
- 26505
Building Information
- Finished SqFt Above Ground
- 2440
More Information
Elevation Highpoint to Waterfront Feet
- Elevation Highpoint Waterfront Feet
- 0-4
Lake Details
- Lake Acres
- 14205
- Lake Depth
- 113
Lease Details
- Land Leased
- Not Applicable
Lock Box Type
- Lock Box Source
- MAAR
Miscellaneous Information
- Homestead
- Yes
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Square Feet
- 1044
Public Survey Info
- Range#
- 23
- Section#
- 27
- Township#
- 117
Room Information
| Room Name | Dimensions | Level |
|---|---|---|
| Informal Dining Room | 13x10 | Main |
| Kitchen | 14x11 | Main |
| Laundry | 10x7 | Main |
| Office | 12x11 | Main |
| Second (2nd) Bedroom | 15x13 | Upper |
| First (1st) Bedroom | 14x12 | Upper |
| Fourth (4th) Bedroom | 12x10 | Upper |
| Third (3rd) Bedroom | 15x13 | Upper |
| Guest House | 17x11 | Main |
| Dining Room | 13x11 | Main |
| Living Room | 19x13 | Main |

Listing Office: Coldwell Banker Realty
Last Updated: August - 23 - 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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