4900 Meadville Street, Excelsior, MN 55331

$4,573,100

Nestled at the end of a quiet street, this .63 acre property offers a rare chance to build your dream home on the shores of Lake Minnetonka!

The property offers 199' of northwest facing shoreline.

Greenwood—known as the City on the Lake—offers a rare opportunity to build along its coveted shoreline. This exceptional lakeshore homesite captures sweeping water views and the promise of a lifestyle centered around the lake.

A rare, level lakeshore lot with expansive, panoramic water views—an ideal canvas for a home designed to fully embrace its setting.

Just steps from a charming neighborhood park, this setting offers a quiet, tucked-away feel with a true sense of community.

The lot has been perfectly graded and is prepped and ready for you to build your dream home.

Generous in scale and beautifully positioned, this property invites effortless indoor-outdoor living and a front-row seat to the lake from every angle.

The large, level lot meets the water with a rip rapped shoreline.

Please note the dock will stay however the boat lift, boat house and kayak lift will not convey.

Explore all that Lake Minnetonka has to offer steps from your front door.

Offering nearly 200 feet level shoreline that enjoys long panoramic views.

Just a short walk away, the Lake Minnetonka LRT Regional Trail offers miles of scenic paths for walking, biking, and year-round enjoyment—winding through wooded stretches, open landscapes, and lakeside views.

Enjoy a leisurely walk to Excelsior—a charming, historic lakeside village where local shops, dining, and the easy pace of lake life come together.

Water Street in Excelsior is lined with inviting shops and local restaurants—an easy place to spend an afternoon browsing, dining, and enjoying the lakeside setting.

Maynard's is a local favorite for dinner and drinks after a day on the lake!

Head east on the LRT trail and stop in a the iconic Cottagewood General Store for treats!

Property Type: Land Lot Size (sq. ft.): 27,443 Status: Closed

Current Price: $4,573,100 List Date: 3/24/2026 Last Modified: 7/07/2026

Overview

Description

A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing. The lot has been perfectly graded and is prepped and ready for you to build your dream home. The neighborhood is exceptional with a small neighborhood park and walking trail and adjacent to the LRT Trail. Just a 1-mile walk from charming Excelsior, enjoy all the boutique shops, restaurants, antique stores, Library, Brewery and Kowalski’s grocery store – minutes away! The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park all summer long. Excelsior is host to events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike ... (Read more)

Listing Details MLS# 7042283

General Property Information

Comp Sale YN: No
Development: No
Drainage: Excellent
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 199
Waterfront YN: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 199.5L x 152 x 167 x 152
Acres: 0.63
Lake/Waterfront Name: Minnetonka
Assessment Pending: No

Property Features

Available Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Well Available; Private Well Connected; Sewer Available; Sewer Connected Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Level Existing Financing: Free and Clear Financing Terms: Cash Improvements: Public Road Lake Details: Hard; Sand Land Inclusions: Dock; Survey Lot Description: Accessible Shoreline; Tree Coverage - Medium Property SubType: Lake Property Road Frontage: City Street Road Responsibility: Public Maintained Road Sellers Terms: Adj. Rate/Gr Payment; Cash; Contract for Deed; Conventional; VA Topography: Level Waterfront Type: Lake Front Waterfront View: Lake; Panoramic; North; West

Contract Information

Off Market Date: 2026-06-17
Contingency: None
Closed Date: 2026-07-07
Original List Price: 4995000
Sales Close Price: 4573100
ListPrice: 4995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4900
Street Name: Meadville
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331

Assessments

Tax With Assessments: 46861

Builder Information

Builder Restrictions: Open

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

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

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

Listing Office: Coldwell Banker Realty

Last Updated: July - 07 - 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.

4900 Meadville Street, Excelsior, MN 55331 (MLS# 7042283)