147 1st St
Excelsior, MN 55331
- 2 Beds
- 1 Bath
- 1,482 sqft
$725,000
Last Sold: Apr 22, 2026
12% over list $650K
$489/sqft
Est. Refi. Payment $4,361/mo*
$725,000
Last Sold: Apr 22, 2026
12% over list $650K
$489/sqft
Est. Refi. Payment $4,361/mo*
2 Beds
1 Bath
1,482 sqft
Homes for sale near 147 1st St
Apartments for Rent
Local Information
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Description
Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system.
The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior.
For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite.
Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.
The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior.
For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite.
Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 22, 2026
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$489/sqft
Listed
50 days ago
Home Details for 147 1st St
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MLS Status: Closed |
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Interior Details Basement: Block,DaylightNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Deck, Dining Room, Kitchen, Living Room, Screened Porch |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1482 Square FeetFoundation Area: 741 |
Appliances & Utilities Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: In BasementMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Free Standing, Wood Burning, Wood Burning StoveHas a Fireplace |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None |
View No View |
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Exterior Home Features Roof: Asphalt PitchedNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 741 Square Feet |
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Cumulative Days on Market: 3 |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: Block, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 2711723440005 |
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Price List Price: $649,900Price Per Sqft: $489/sqft |
Status Change & Dates Off Market Date: Sun Mar 22 2026 |
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Direction & Address City: ExcelsiorCommunity: Auditors Sub 135 |
School Information High School District: Minnetonka |
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Building Area Building Area: 1482 Square Feet |
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No HOA |
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Lot Area: 5227.2 sqft |
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Contingencies: None |
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BasementMls Number: 7027546Above Grade Unfinished Area: 741 |
Last check for updates: about 6 hours ago
Listed by Christopher J Dennis, (612) 229-9322
Compass
Bought with: Christopher Anderson, (952) 693-5956, Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID, MLS#7027546

Price History for 147 1st St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/22/2026 | $725,000 | Sold | NorthstarMLS as distributed by MLS GRID #7027546 |
| 03/22/2026 | $649,900 | Pending | NorthstarMLS as distributed by MLS GRID #7027546 |
| 03/19/2026 | $649,900 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #7027546 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,216 |
| Assessment | $591,500 |
Home facts updated by county records
Comparable Sales for 147 1st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $669,400 | 05/08/26 | 2 | 2 | 1,442 | |
0.19 | Single-Family Home | $545,000 | 09/15/25 | 2 | 1 | 796 | |
0.22 | Single-Family Home | $635,000 | 07/08/25 | 3 | 2.5 | 3,300 | |
0.17 | Single-Family Home | $650,000 | 08/20/25 | 3 | 1.5 | 1,357 | |
0.14 | Single-Family Home | $650,000 | 02/06/26 | 5 | 4.5 | 4,729 | |
0.02 | Single-Family Home | $1,025,000 | 02/27/26 | 5 | 1.5 | 3,021 | |
0.15 | Single-Family Home | $778,750 | 09/03/25 | 4 | 3 | 2,421 | |
0.44 | Single-Family Home | $565,000 | 06/27/25 | 2 | 2 | 1,387 | |
0.05 | Single-Family Home | $1,040,000 | 08/15/25 | 4 | 3.5 | 3,000 |
Assigned Schools
These are the assigned schools for 147 1st St.
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
Learn more about our methodology.
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Based on information submitted to the MLS GRID as of 2026-05-08 23:38:15 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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Homes for rent near 147 1st St
Off Market Homes Near 147 1st St
Explore by feature
147 1st St, Excelsior, MN 55331 is a 2 bedroom, 1 bathroom, 1,482 sqft single-family home built in 1915. This property is not currently available for sale. 147 1st St was last sold on Apr 22, 2026 for $725,000 (12% higher than the asking price of $649,900). The current Trulia Estimate for 147 1st St is $725,300.

