$1,850,000
- 4 Beds
- 3.5 Baths
- 2,633 sqft
163 2nd St, Excelsior, MN 55331
Est. Mortgage $11,895/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2026
$703/sqft
2 Car Garage
Local Information
-- mins to
About this House
What's unique:Effortless one-level livingDramatic statement fireplace wallOversized islandTwo bathroomsWalk-in pantryRefined luxury
Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka.
Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings.
The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber.
The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own.
Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka.
More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.
Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings.
The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber.
The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own.
Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka.
More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.
Last check for updates: about 1 hour ago
Listing courtesy of Price Realty, (612) 502-5500
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7126003

Also Listed on NorthstarMLS as distributed by MLS GRID, eXp Realty.
Open House
Friday, September 25
12:00 PM to 6:00 PM
Saturday, September 26
12:00 PM to 6:00 PM
Sunday, September 27
12:00 PM to 6:00 PM
Friday, October 02
12:00 PM to 6:00 PM
Saturday, October 03
12:00 PM to 6:00 PM
Sunday, October 04
12:00 PM to 6:00 PM
Home Details for 163 2nd St
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Interior Details Basement: Finished,FullNumber of Rooms: 12Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Family Room, Kitchen, Laundry, Living Room, Mud Room, Office, Walk In Closet |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2633 Square FeetFoundation Area: 1378 |
Appliances & Utilities Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, WasherDishwasherDryerLaundry: Electric Dryer Hookup,Laundry Room,Main Level,Washer HookupMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Electric, Living RoomHas a Fireplace |
Gas & Electric Electric: 200+ Amp ServiceGas: Natural Gas |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None |
View No View |
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Exterior Home Features Roof: Architectural ShinglePatio / Porch: Covered, Front Porch |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (22x22), Garage Door Height (8), Garage Door Width (18)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 1378 Square FeetFinished Area (below surface): 1255 Square Feet |
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Days on Market: 32 |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: Concrete, FrameIs a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 3411723120175 |
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Price List Price: $1,850,000Price Per Sqft: $703 |
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MLS Status: Active |
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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: 7126003 |
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Building Details Builder Name: PRICE HOMES |
Building Area Building Area: 2742 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 7840.8 sqft |
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Contingencies: None |
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BasementMls Number: 7126003Above Grade Unfinished Area: 1378 |
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 August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
10
2MoM
Home Value
Trulia Estimate
$1.8MSince last month
Decreased$14K (-0.8%)Since last year
Decreased$31K (-1.7%)Since last sale
Increased$1M (+277.3%)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 decreased by -2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.81M |
| August 2026 | $1.82M |
| June 2026 | $1.82M |
| May 2026 | $1.84M |
| April 2026 | $1.84M |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $1,065,000 | 06/26/26 | 4 | 3.5 | 3,444 | |
0.17 | Single-Family Home | $780,000 | 06/29/26 | 4 | 3 | 1,531 | |
0.07 | Single-Family Home | $1,300,000 | 09/11/26 | 3 | 3.5 | 2,364 | |
0.08 | Single-Family Home | $1,575,000 | 06/23/26 | 5 | 3.5 | 3,171 | |
0.04 | Single-Family Home | $650,000 | 02/06/26 | 5 | 4.5 | 4,527 | |
0.11 | Single-Family Home | $1,025,000 | 02/27/26 | 5 | 1.5 | 3,021 | |
0.09 | Single-Family Home | $1,725,000 | 07/30/26 | 5 | 4.5 | 3,505 | |
0.25 | Single-Family Home | $900,000 | 03/31/26 | 3 | 2.5 | 3,636 | |
0.15 | Single-Family Home | $669,400 | 05/08/26 | 2 | 2 | 1,442 |
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 |
|---|---|---|---|---|---|---|
0.01 | $1,125,600 | 4 | 3.5 | 2,782 | Off Market | |
0.07 | $2,702,000 | 4 | 3.5 | 4,524 | Off Market | |
0.07 | $1,065,000 | 4 | 3.5 | 3,444 | Recently Sold | |
0.07 | $1,300,000 | 3 | 3.5 | 2,364 | Recently Sold | |
0.05 | $1,475,000 | 4 | 3.5 | 3,432 | For Sale | |
0.09 | $1,260,000 | 3 | 2.5 | 1,902 | Off Market | |
0.07 | $1,059,000 | 4 | 3.5 | 3,000 | Off Market | |
0.10 | $3,906,100 | 4 | 4 | 4,865 | Off Market | |
0.07 | $499,900 | - | - | - | For Sale | |
0.10 | $725,000 | 2 | 1 | 1,482 | Recently Sold | |
0.11 | $1,025,000 | 5 | 1.5 | 3,021 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 22, 2026 Source: NorthstarMLS as distributed by MLS GRID #7126003 | Listed For Sale | $1,850,000 |
Jul 12, 2026 Source: eXp Realty #7047304 | ListingRemoved | $1,850,000 |
Apr 16, 2026 Source: NorthstarMLS as distributed by MLS GRID #7047304 | Listed For Sale | $1,850,000 |
Mar 13, 2026 Source: NorthstarMLS as distributed by MLS GRID #6699392 | ListingRemoved | $1,750,000 |
Mar 9, 2026 Source: NorthstarMLS as distributed by MLS GRID #6697415 | Sold | $478,500 |
Aug 19, 2025 Source: NorthstarMLS as distributed by MLS GRID #6697415 | Pending | $499,900 |
Jun 12, 2025 Source: NorthstarMLS as distributed by MLS GRID #6699392 | PriceChange | $1,750,000 Price increased by 250% |
Jun 12, 2025 Source: NorthstarMLS as distributed by MLS GRID #6697415 | PriceChange | $499,900 Price decreased by 73% |
Apr 10, 2025 Source: NorthstarMLS as distributed by MLS GRID #6699392 | PriceChange | $1,850,000 Price increased by 246% |
Apr 4, 2025 Source: NorthstarMLS as distributed by MLS GRID #6697415 | Listed For Sale | $535,000 |
Feb 25, 2022 Source: NorthstarMLS as distributed by MLS GRID #6104439 | Sold | $450,000 |
Feb 18, 2022 Source: NorthstarMLS as distributed by MLS GRID #6104439 | Pending | $529,900 |
Dec 29, 2021 Source: NorthstarMLS as distributed by MLS GRID #6104439 | PriceChange | $529,900 Price decreased by 2% |
Nov 1, 2021 Source: NorthstarMLS as distributed by MLS GRID #6104439 | Listed For Sale | $539,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,739 | $628,800 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price Realty, eXp Realty
Agent Phone: (612) 502-5500

Based on information submitted to the MLS GRID as of 2026-09-23 10:58:21 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 163 2nd St
- What is the estimated monthly payment for 163 2nd St?Based on a $1,850,000 list price with 20% down at today's rates, the estimated monthly payment for 163 2nd St in Excelsior, MN is approximately $11,986 (about $10,107 principal & interest, $1,804 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 163 2nd St?The closest schools to 163 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 163 2nd St estimated to be worth?Trulia's estimated value for 163 2nd St in Excelsior, MN is $1,805,300.
- Does 163 2nd St have air conditioning?Yes, 163 2nd St in Excelsior, MN has air conditioning.
- Does 163 2nd St have laundry facilities?Yes, 163 2nd St in Excelsior, MN has in-unit laundry.
163 2nd St, Excelsior, MN 55331 is a 4 bedroom, 4 bathroom, 2,633 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 Aug 22, 2026. The MLS # for this home is MLS# 7126003.

