511 2nd Street, 2, Excelsior, MN 55331

$1,950,000

Great attention to architectural detail throughout this unit, including coffered ceilings in the living room

A handsome gas fireplace anchors one end of the living room

Oversized windows fill this unit with natural light

A stunning wet bar anchors the other end of the living room

The bar area features floating shelves, sink, dual zone beverage center and a great backdrop for some impressive artwork

Spacious center island is ideal for meal prep or grabbing a quick bite to eat

On trend waterfall design featured on the large center island

Bring the outdoors in when you open the expansive 12' accordion doors

Custom cabinets throughout the kitchen provide for additional storage space

Gas fireplace and cedar ceiling are features of the covered balcony space

Spa-like primary bath with heated floors, dual vanity areas, large soaker tub, and curbless walk-in shower

On trend design elements continue in this space

Soak the stress away in the large tubor the spacious shower with dual shower heads

Amazing primary closet space with built-in components

Laundry is conveniently tucked away in the primary walk-in closet space

Flex space could be used for home office, den, reading nook

Lake House is located in the heart of downtown Excelsior

An inviting lobby to welcome you and your guests

Lake House is located just steps away from all that Excelsior has to offer... exciting dinner and retail, community events in the Commons, swimming beach, and Lake Minnetonka

Condo comes with three parking stalls in the heated garage... two open stalls and one with garage door that could be used for storage

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,968 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $1,950,000 List Date: 3/05/2024 Last Modified: 8/08/2025

Overview

Description

Located in the heart of charming downtown Excelsior, Lake House Condominiums offers the epitome of luxury turn-key condo living. Impressive high-end finishes, fixtures, and craftsmanship throughout. Highlights include beautiful wide-plank hardwood floors, Thermador SS appliances, large center island with waterfall edge, custom cabinetry, custom closet systems, en-suite bedrooms, and designer bath and lighting fixtures. Ideal entertaining spots inside by the wet bar or pass through the 12' accordion doors to the covered balcony with gas fireplace. Enjoy lake views and the ease of walking to all the exciting restaurants, shopping and community events in Excelsior.

Listing Details MLS# 6488955

General Property Information

Assoc Mgmt Co. Phone #: 612-296-0900
Association Fee Frequency: Monthly
Association Mgmt Co. Name: Pending
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Year Built: 2023
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1968
Above Grd Total SqFt: 1968
Total SqFt: 1968
Total Finished Sqft: 1968.00
FireplaceYN: Yes
Style: (CC) Low Rise (3- Levels)
Foundation Size: 1968
Association Fee: 1479
Garage Stalls: 3
Lot Dimensions: Common
Acres: 0.19

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Unit: Balcony; Hardwood Floors; Kitchen Center Island; Primary Bedroom Walk-In Closet; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Microwave; Refrigerator; Washer; Wine Cooler Association Fee Includes: Internet; Sanitation; Other Basement: None Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower Construction Status: Completed New Construction Dining Room Description: Living/Dining Room Exterior: Brick/Stone Financing Terms: Cash Fireplace Characteristics: Gas Burning; Living Room Foundation: None Fuel: Natural Gas Heating: Forced Air Laundry: In Unit Parking Characteristics: Assigned Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date: 2024-06-28
Contingency: None
Closed Date: 2024-08-02
Original List Price: 2175000
Sales Close Price: 1950000
ListPrice: 2175000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 511
Street Name: 2nd
Street Suffix: Street
Unit Number: 2
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: 500 Lake Add

Building Information

Finished SqFt Above Ground: 1968

Lease Details

Land Leased: Not Applicable

More Information

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 35
Township#: 117

Room Information

Room Name	Dimensions	Level
Dining Room	23x11	Main
Living Room	23x15	Main
First (1st) Bedroom	13x15	Main
Kitchen	14x18	Main
Den	14x8	Main
Second (2nd) Bedroom	10x11	Main
Porch	10x20	Main

Listing Office: Compass

Last Updated: August - 08 - 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.

511 2nd Street, 2, Excelsior, MN 55331 (MLS# 6488955)