75 Fairhope Avenue, Excelsior, MN 55331

$2,650,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,014 Lot Size (sq. ft.): 112,820 Status: Closed

Current Price: $2,650,000 List Date: 6/21/2024 Last Modified: 8/08/2025

Overview

Description

Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka. This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car garage and protected dock that does not need to be removed in the winter! This property is a true gem waiting to be discovered, but wait there's more.. If the architecture doesn't meet your style, we have plans that can be shared.

Listing Details MLS# 6556001

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: 1000
Waterfront YN: Yes
Year Built: 1989
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1621
Above Grd Total SqFt: 3014
Total SqFt: 3014
Total Finished Sqft: 3034.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1621
Garage Stalls: 3
Lot Dimensions: 378x386x400x432
Acres: 2.59

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Ceiling Fan(s); Deck; Dock; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Local Area Network; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s) Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Crawl Space; Drain Tiled; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Existing Financing: Cash Exterior: Fiber Board; Wood Family Room Characteristics: Great Room Fencing: None Fireplace Characteristics: Gas Burning; Living Room Fuel: Natural Gas Heating: Forced Air Lake Details: Sand; Soft Laundry: Laundry Room Lock Box Type: Combo Lot Description: Accessible Shoreline; Island/Peninsula Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Road Frontage: No Outlet/Dead End; Paved Streets; Township Road Responsibility: Public Maintained Road Roof: Flat; Rubber; Wood Shingles Sellers Terms: Cash; Conventional; Other Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Main Floor Laundry Stories: Two Water: City Water/Connected Waterfront View: Bay; Lake; Panoramic; North; South; East; West

Contract Information

Digitally Altered Photos: No
Off Market Date: 2024-09-25
Contingency: None
Closed Date: 2024-09-25
Original List Price: 2995000
Sales Close Price: 2650000
ListPrice: 2995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 75
Street Name: Fairhope
Street Suffix: Avenue
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Tonka Fairhope

Assessments

Tax With Assessments: 35346.64

Building Information

Finished SqFt Above Ground: 3034

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

Parking Characteristics

Garage Dimensions: 32x25
Garage Square Feet: 770

Public Survey Info

Range#: 23
Section#: 21
Township#: 117

Room Information

Room Name	Dimensions	Level
Dining Room	16x9	Main
Kitchen	14x13	Main
First (1st) Bedroom	20x18	Upper
Second (2nd) Bedroom	12x12	Upper
Third (3rd) Bedroom	12x10	Upper
Great Room	20x18	Main
Den	12x10	Upper
Porch	12x10	Main
Deck	12x11	Upper
Laundry	10x9	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.

75 Fairhope Avenue, Excelsior, MN 55331 (MLS# 6556001)