138 2nd St
Excelsior, MN 55331
- 5 Beds
- 4.5 Baths
- 4,527 sqft
5 Beds
4.5 Baths
4,527 sqft
Home Highlights
Parking
3 Car Garage
Outdoor
Porch, Patio
Climate Control
Forced Air, Humidifier, In Floor Heating, Zoned & Central Air, Zoned
HOA
None
Price/Sqft
$551
Listed
139 days ago
Local Information
-- mins to
About this House
This to-be-built custom home by Zehnder Homes offers an exceptional opportunity to create a truly personalized luxury residence just two blocks from both Excelsior Commons and the charm of Water Street. Set on an 88' wide lot, this rare walkout lot provides the perfect setting for your dream home. Enjoy walkable access to Lake Minnetonka, local dining, shops, and year-round community events all from one of the most sought-after locations in the west metro. Designed with over 4,500 finished square feet, this five-bedroom, five-bath home will showcase the elevated craftsmanship and thoughtful design Zehnder Homes is known for. The open-concept main level is planned for both everyday living and effortless entertaining, featuring expansive living spaces, a gourmet kitchen with high-end appliances, custom cabinetry, and a generous butler's pantry. Upstairs, a luxurious primary suite will offer a spa-inspired bath and oversized walk-in closet, complemented by well appointed secondary bedrooms and convenient upper-level laundry. The walkout lower level provides additional living and entertaining space, featuring a recreation area, bar, and fitness room, all tailored to your lifestyle. With ample opportunity to collaborate on final plans, selections, and finishes, this home presents a unique chance to bring your vision to life in an unbeatable Excelsior location.
Last check for updates: about 2 hours ago
Listing courtesy of Eric N Zehnder, (651) 303-5747
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID, MLS#7046880

Also Listed on NorthstarMLS as distributed by MLS GRID.
Home Details for 138 2nd St
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MLS Status: Active |
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Interior Details Basement: Drain Tiled,Finished,Full,Concrete,Sump Basket,Sump Pump,Tile Shower,Walk-Out AccessNumber of Rooms: 13Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bar Wet Bar Room, Dining Room, Exercise Room, Family Room, Great Room, Kitchen, Loft, Office |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4527 Square FeetFoundation Area: 1379 |
Appliances & Utilities Utilities: Underground UtilitiesAppliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned, Wine CoolerDishwasherDisposalDryerLaundry: Electric Dryer Hookup,Laundry Room,Sink,Upper LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Humidifier,In-Floor Heating,ZonedHas CoolingAir Conditioning: Central Air,ZonedHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Circulating, Gas, Living RoomHas a Fireplace |
Gas & Electric Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel EnergyGas: Natural Gas |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: Age 8 Years Or Less Architectural Shingle Asphalt PitchedPatio / Porch: Enclosed, Front Porch, Patio, Porch, ScreenedFencing: NoneNo Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Dimensions (30x22), Garage Door Height (8), Garage Door Width (8)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Concrete,Electric Vehicle Charging Station(s),Floor Drain,Garage,Garage Door Opener,Heated Garage,Insulated Garage |
Pool Pool: None |
Frontage Road Frontage: City Street, Curbs, Sidewalks, Street Lights, Storm SewerResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 3348 Square FeetFinished Area (below surface): 1179 Square Feet |
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Cumulative Days on Market: 5Days on Market: 139 |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: Concrete, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 3411723120095 |
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Price List Price: $2,495,000Price Per Sqft: $551 |
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Direction & Address City: ExcelsiorCommunity: Sheldons Add To Excelsior |
School Information High School District: Minnetonka |
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Listing Agent Listing ID: 7046880 |
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Building Details Builder Name: ZEHNDER HOMES INCORPORATED |
Building Area Building Area: 4729 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 8798 sqft |
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Contingencies: None |
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BasementMls Number: 7046880Above Grade Unfinished Area: 3348 |
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
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Price per sq ft
—
Available listings
8
1MoM
Home Value
Trulia Estimate
$2.43MSince last month
Increased$4K (+0.1%)Since last year
Increased$2M (+265.2%)Since last sale
Increased$2M (+273.6%)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 +518% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.43M |
| July 2026 | $2.42M |
| June 2026 | $2.41M |
| May 2026 | $2.44M |
| April 2026 | $2.46M |
| March 2026 | $652K |
| February 2026 | $651K |
| January 2026 | $675K |
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 |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $1,065,000 | 06/26/26 | 4 | 3.5 | 3,444 | |
0.06 | Single-Family Home | $1,725,000 | 07/30/26 | 5 | 4.5 | 3,505 | |
0.11 | Single-Family Home | $1,575,000 | 06/23/26 | 5 | 3.5 | 3,171 | |
0.15 | Single-Family Home | $1,025,000 | 02/27/26 | 5 | 1.5 | 3,021 | |
0.22 | Single-Family Home | $900,000 | 03/31/26 | 3 | 2.5 | 3,636 | |
0.20 | Single-Family Home | $780,000 | 06/29/26 | 4 | 3 | 1,531 | |
0.19 | Single-Family Home | $1,799,000 | 05/20/26 | 3 | 4 | 3,636 | |
0.19 | Single-Family Home | $2,000,000 | 08/29/25 | 4 | 3.5 | 3,488 | |
0.10 | Single-Family Home | $650,000 | 08/20/25 | 3 | 1.5 | 1,357 |
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 | $499,900 | - | - | - | For Sale | |
0.05 | $555,500 | 2 | 1 | 796 | Off Market | |
0.06 | $1,725,000 | 5 | 4.5 | 3,505 | Recently Sold | |
0.08 | $2,200,000 | 3 | 2.5 | 3,000 | For Sale | |
0.08 | $1,500,000 | 4 | 2.5 | 2,769 | For Sale | |
0.04 | $478,500 | - | - | - | Recently Sold | |
0.09 | $2,081,300 | 4 | 3.5 | 3,537 | Off Market | |
0.05 | $1,065,000 | 4 | 3.5 | 3,444 | Recently Sold | |
0.05 | $1,130,900 | 4 | 3.5 | 2,782 | Off Market | |
0.11 | $3,443,700 | 4 | 5 | 4,883 | Off Market | |
0.10 | $657,300 | 3 | 1 | 1,400 | Off Market |
Price and Tax history
| Date | Event | Price |
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Apr 9, 2026 Source: NorthstarMLS as distributed by MLS GRID #7046880 | PendingToActive | $2,495,000 |
Apr 6, 2026 Source: NorthstarMLS as distributed by MLS GRID #7046880 | Pending | $2,495,000 |
Apr 1, 2026 Source: NorthstarMLS as distributed by MLS GRID #7046880 | Listed For Sale | $2,495,000 |
Feb 6, 2026 Source: NorthstarMLS as distributed by MLS GRID #7002593 | Sold | $650,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $8,967 | $721,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eric N Zehnder, RE/MAX Results
Agent Phone: (651) 303-5747

Based on information submitted to the MLS GRID as of 2026-08-18 20:52:44 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 138 2nd St
- What is the estimated monthly payment for 138 2nd St?Based on a $2,495,000 list price with 20% down at today's rates, the estimated monthly payment for 138 2nd St in Excelsior, MN is approximately $15,586 (about $13,078 principal & interest, $2,433 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 138 2nd St?The closest schools to 138 2nd 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 138 2nd St estimated to be worth?Trulia's estimated value for 138 2nd St in Excelsior, MN is $2,428,200.
- Does 138 2nd St have air conditioning?Yes, 138 2nd St in Excelsior, MN has air conditioning.
- Does 138 2nd St have laundry facilities?Yes, 138 2nd St in Excelsior, MN has in-unit laundry.
138 2nd St, Excelsior, MN 55331 is a 5 bedroom, 5 bathroom, 4,527 sqft single-family home built in 2026. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Apr 1, 2026. The MLS # for this home is MLS# 7046880.

