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
... (Read more) 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 views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.
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 Name | Dimensions | Level |
|---|---|---|
| Amusement Room | 17x14 | Lower |
| Dining Room | 15x9 | Main |
| Family Room | 35x12 | Main |
| First (1st) Bedroom | 15x10 | Main |
| Flex Room | 11x9 | Lower |
| Fourth (4th) Bedroom | 16x15 | Upper |
| Kitchen | 22x9 | Main |
| Living Room | 26x14 | Main |
| Second (2nd) Bedroom | 23x13 | Upper |
| Third (3rd) Bedroom | 16x17 | Upper |

Listing Office: RE/MAX Advantage Plus
Last Updated: September - 10 - 2026
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