5150 Meadville Street, Excelsior, MN 55331 (MLS# 7080605)

5150 Meadville Street, Excelsior, MN 55331

$5,299,900
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,698 Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $5,299,900 List Date: 5/29/2026 Last Modified: 9/10/2026

Overview

Description

One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake ...

Listing Details MLS# 7080605

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
240
Waterfront YN
Yes
Year Built
1918
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1587
Above Grd Total SqFt
3111
Below Grd Total SqFt
1587
Total SqFt
4698
Total Finished Sqft
3616.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1587
Garage Stalls
2
Lot Dimensions
Irregular
Acres
0.4
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Dock; Hardwood Floors; Kitchen Window; Paneled Doors; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Full; Sump Pump Bath Description: Main Floor Full Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Private Primary; 1/2 Basement; Bathroom Ensuite Construction Materials: Block Construction Status: Previously Owned Dining Room Description: Informal Dining Room; Separate/Formal Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Exterior: Shakes Family Room Characteristics: Family Room; Main Level Fireplace Characteristics: Family Room; Stone; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lake Details: Sand Laundry: Laundry Room; Sink; Upper Level Lot Description: Accessible Shoreline; Island/Peninsula; Tree Coverage - Medium Parking Characteristics: Garage Door Opener; Storage Pool Description: None Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Water: Well Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Bay; Lake; Panoramic; North; South; West

Contract Information

Contingency
None
Original List Price
5750000
ListPrice
5299900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5150
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
29533

Building Information

Finished SqFt Above Ground
3111
Finished SqFt Below Ground
505

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
20 x 23
Garage Square Feet
460

Public Survey Info

Range#
23
Section#
26
Township#
117

Room Information

Room NameDimensionsLevel
Amusement Room17x14Lower
Dining Room15x9Main
Family Room35x12Main
First (1st) Bedroom15x10Main
Flex Room11x9Lower
Fourth (4th) Bedroom16x15Upper
Kitchen22x9Main
Living Room26x14Main
Second (2nd) Bedroom23x13Upper
Third (3rd) Bedroom16x17Upper
IDX
Listing Office: RE/MAX Advantage Plus
Last Updated: September - 10 - 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.