$599,900
3 Beds
2 Baths
2,316 sqft
111 1st St, Excelsior, MN 55331
We estimate this home will sell faster than 94% nearby.
Home Highlights
Parking
Open Parking
HOA
None
Price/Sqft
$259
Listed
11 days ago
Local Information
- Map ViewExplore the area around 111 1st St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks.
Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities.
Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find.
Bring your builder, your vision, and create something exceptional in Excelsior.
Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities.
Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find.
Bring your builder, your vision, and create something exceptional in Excelsior.
Last check for updates: about 12 hours ago
Listing courtesy of Christopher J Dennis, (612) 229-9322
Compass
Source: NorthstarMLS as distributed by MLS GRID, MLS#7122163
Also Listed on NorthstarMLS as distributed by MLS GRID.
We estimate this home will sell faster than 94% nearby.
Home Details for 111 1st St
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MLS Status: Active |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2316 Square FeetFoundation Area: 733 |
Heating & Cooling Heating: NoneNo CoolingAir Conditioning: NoneNo Heating |
Fireplace & Spa No Fireplace |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: Asphalt PitchedNo Private Pool |
Parking & Garage Other Parking: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)No CarportNo GarageNo Attached GarageHas Open ParkingParking: Gravel,Asphalt,Driveway - Other Surface |
Pool Pool: None |
Frontage Road Frontage: Curbs, Sidewalks, Storm SewerResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: City Sewer - In Street |
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Days on Market: 11 |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 2711723430002 |
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Price List Price: $599,900Price Per Sqft: $259 |
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Direction & Address City: ExcelsiorCommunity: Auditors Sub 135 |
School Information High School District: Minnetonka |
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Listing Agent Listing ID: 7122163 |
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Building Area Building Area: 2316 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 2613.6 sqft |
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Contingencies: None |
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BasementMls Number: 7122163Activation Date: Fri Aug 21 2026 |
Around this home
What Locals Say about Excelsior
At least 15 Trulia users voted on each feature.
92 % Say people would walk alone at night
91 % Say it's walkable to restaurants
88 % Say it's dog friendly
86 % Say there's holiday spirit
81 % Say kids play outside
79 % Say there are sidewalks
76 % Say yards are well-kept
74 % Say it's walkable to grocery stores
68 % Say there's wildlife
67 % Say there are community events
65 % Say it's quiet
63 % Say they plan to stay for at least 5 years
60 % Say parking is easy
57 % Say neighbors are friendly
48 % Say car is needed
44 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Excelsior
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
1MoM
Home Value
Trulia Estimate
$581KSince last month
Increased$40K (+7.4%)Since last year
Increased$72K (+14.2%)Since last sale
Increased$126K (+27.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +55% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $581K |
| July 2026 | $541K |
| June 2026 | $542K |
| May 2026 | $533K |
| April 2026 | $526K |
| March 2026 | $518K |
| February 2026 | $506K |
| January 2026 | $496K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $1,025,000 | 02/27/26 | 5 | 1.5 | 3,021 | |
0.05 | Single-Family Home | $725,000 | 04/22/26 | 2 | 1 | 1,482 | |
0.26 | Single-Family Home | $669,400 | 05/08/26 | 2 | 2 | 1,442 | |
0.64 | Single-Family Home | $410,000 | 05/06/26 | 3 | 2 | 2,140 | |
0.20 | Single-Family Home | $780,000 | 06/29/26 | 4 | 3 | 1,531 | |
0.15 | Single-Family Home | $650,000 | 02/06/26 | 5 | 4.5 | 4,527 | |
0.13 | Single-Family Home | $1,065,000 | 06/26/26 | 4 | 3.5 | 3,444 | |
0.58 | Single-Family Home | $686,097 | 09/12/25 | 3 | 2 | 2,269 | |
0.37 | Single-Family Home | $900,000 | 03/31/26 | 3 | 2.5 | 3,636 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $1,238,800 | 3 | 2.5 | 1,902 | Off Market | |
0.02 | $1,409,100 | 4 | 2 | 3,121 | Off Market | |
0.04 | $1,025,000 | 5 | 1.5 | 3,021 | Recently Sold | |
0.03 | $625,000 | - | - | - | Recently Sold | |
0.03 | - | - | - | - | Off Market | |
0.05 | $725,000 | 2 | 1 | 1,482 | Recently Sold | |
0.05 | $2,710,800 | 4 | 3.5 | 4,524 | Off Market | |
0.07 | $1,658,500 | 4 | 3.5 | 3,185 | Off Market | |
0.09 | $1,059,000 | 4 | 3.5 | 3,000 | Off Market | |
0.08 | $1,416,000 | 3 | 2.5 | 2,011 | Recently Sold | |
0.08 | $1,279,300 | 3 | 2.5 | 1,925 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 21, 2026 Source: NorthstarMLS as distributed by MLS GRID #7122163 | Listed For Sale | $599,900 |
Oct 26, 2021 Source: NorthstarMLS as distributed by MLS GRID #6109174 | Sold | $455,000 |
Oct 14, 2021 Source: NorthstarMLS as distributed by MLS GRID #6109174 | Pending | $449,900 |
Oct 9, 2021 Source: NorthstarMLS as distributed by MLS GRID #6109174 | Listed For Sale | $449,900 |
Dec 13, 2019 Source: NorthstarMLS as distributed by MLS GRID #5319831 | Sold | $329,000 |
Nov 20, 2019 Source: Agent Provided | Pending | $329,000 |
Nov 18, 2019 Source: Agent Provided | Listed For Sale | $329,000 |
Aug 8, 2003 Source: N/A | Sold | $232,300 |
Aug 20, 2002 Source: N/A | Sold | $200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,363 | $459,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christopher J Dennis, Compass
Agent Phone: (612) 229-9322
Based on information submitted to the MLS GRID as of 2026-08-28 00:28:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 111 1st St
- What is the estimated monthly payment for 111 1st St?Based on a $599,900 list price with 20% down at today's rates, the estimated monthly payment for 111 1st St in Excelsior, MN is approximately $3,796 (about $3,136 principal & interest, $585 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Excelsior?Residents describe Excelsior, MN as walkable to restaurants, dog-friendly, and pedestrian-friendly. See homes for sale in Excelsior, MN.
- What are the closest schools to 111 1st St?The closest schools to 111 1st St in Excelsior, MN are Excelsior Elementary School (rated 10/10), Minnetonka Senior High School (rated 10/10), Minnetonka West Middle School (rated 9/10).
- What is 111 1st St estimated to be worth?Trulia's estimated value for 111 1st St in Excelsior, MN is $580,900.
- How big is the lot at 111 1st St?The lot at 111 1st St in Excelsior, MN is about 0.06 acres (2,614 sq ft).
- Does 111 1st St have a garage?Yes, 111 1st St in Excelsior, MN has a garage.
111 1st St, Excelsior, MN 55331 is a 3 bedroom, 2 bathroom, 2,316 sqft single-family home built in 1915. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Aug 17, 2026. The MLS # for this home is MLS# 7122163.