4940 Meadville Street, Excelsior, MN 55331
$4,775,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 7,325 Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $4,775,000 List Date: 2/12/2026 Last Modified: 7/16/2026
Overview
Description
... (Read more) 128' of Lake Minnetonka lakeshore. Private detached Guest House sleeps 6.
Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay? Check out the charming nautical-theme guest house complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original 1905 lakeside boathouse, three separate outdoor patios and expansive flower landscaping. Recent home updates include a new 2024 roof, fresh paint, new light fixtures, window enhancements and landscaping. Enjoy a prime location with easy access to the Lake Minnetonka Regional Trail, downtown Excelsior, and Cottagewood neighborhood. Don't hesitate, enjoy living the Lake Minnetonka lifestyle today!276-Minnetonka Schools
Listing Details MLS# 6773074
General Property Information
- Common Wall
- No
- Lot Measurement
- Acres
- Manufactured Home?
- No
- Multiple PIDs?
- No
- New Development
- No
- Number of Fireplaces
- 4
- Road Btwn WF & Home?
- No
- Waterfront Frontage
- 128
- Waterfront YN
- Yes
- Year Built
- 1995
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Bath Full
- 3
- Bath Three Quarters
- Yes
- Bath Half
- 2
- Main Floor Total SqFt
- 3002
- Above Grd Total SqFt
- 4323
- Below Grd Total SqFt
- 3002
- Total SqFt
- 7325
- Total Finished Sqft
- 5963.00
- Lake/Waterfront Name
- Minnetonka
- Style
- (SF) Single Family
- Foundation Size
- 3002
- Garage Stalls
- 3
- Lot Dimensions
- S125x160xL125x155
- Acres
- 0.45
- Assessment Pending
- No
Property Features
Accessible: Accessible Elevator Installed; Door Lever Handles; Wheelchair Ramp Air Conditioning: Central Air Amenities Unit: Balcony; Boat Slip; Deck; Dock; Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Tennis Court; Vaulted Ceiling(s); Walk-In Closet; Wet Bar Appliances: Air-To-Air Exchanger; Central Vacuum; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Trash Compactor; Washer; Water Filtration System; Water Osmosis System; Wine Cooler Basement: Egress Windows; Full; Storage Space; Sump Pump Bath Description: Double Sink; Main Floor Full Bath; Upper Level Full Bath; Full Primary; 1/2 Basement; Bathroom Ensuite; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Separate/Formal Dining Room Exterior: Stucco Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Lower Level; Main Level Fencing: Invisible Financing Terms: Cash Fireplace Characteristics: Brick; Family Room; Gas Burning; Primary Bedroom; Stone; Wood Burning Foundation: Other Fuel: Natural Gas Heating: Forced Air Lake Details: Sand Laundry: Laundry Room; Main Level Outbuildings: Boat House; Guest House Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage; Tuckunder Garage Road Frontage: City Street Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary Stories: One Water: Well Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Lake; Panoramic; West
Contract Information
- Off Market Date
- 2026-07-02
- Contingency
- None
- Closed Date
- 2026-07-15
- Original List Price
- 5200000
- Sales Close Price
- 4775000
- ListPrice
- 4800000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 4940
- Street Name
- Meadville
- Street Suffix
- Street
- Postal City
- Excelsior
- County
- Hennepin
- State
- MN
- Zip Code
- 55331
- Complex/Dev/Subdivision
- Auditors Sub 141
Assessments
- Tax With Assessments
- 63182
Building Information
- Finished SqFt Above Ground
- 4323
- Finished SqFt Below Ground
- 1640
More Information
Lake Details
- Lake Acres
- 14205
- Lake Depth
- 113
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- Yes
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Dimensions
- 37x24
- Garage Square Feet
- 838
Public Survey Info
- Range#
- 23
- Section#
- 26
- Township#
- 117
Room Information
| Room Name | Dimensions | Level |
|---|---|---|
| First (1st) Bedroom | 19x16 | Main |
| Second (2nd) Bedroom | 16x15 | Upper |
| Guest House | Main | |
| Great Room | 19x15 | Main |
| Third (3rd) Bedroom | 16x14.5 | Upper |
| Fourth (4th) Bedroom | Main | |
| Bar/Wet Bar Room | 20x9 | Lower |
| Billiard Room | 27x15 | Lower |
| Family Room | 24x16 | Lower |
| Office | 14.5x11 | Main |
| Kitchen | 19x15 | Main |
| Dining Room | 15x14 | Main |
| Laundry | Main |

Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: July - 16 - 2026
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