163 2nd St, Excelsior, MN 55331
Property image
Property image
FOR SALE
OPEN FRI, 12-6PM
NEW CONSTRUCTION

$1,850,000

  • 4 Beds
  • 3.5 Baths
  • 2,633 sqft

163 2nd St, Excelsior, MN 55331

Est. Mortgage $11,895/mo*
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Home Highlights

Single-Family Home
Built in 2026
$703/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 163 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
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

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

Interior Features

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

Exterior Features

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

Days on Market

Days on Market: 32

Property Information

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

Price & Status

Price
List Price: $1,850,000Price Per Sqft: $703

Active Status

MLS Status: Active

Location

Direction & Address
City: ExcelsiorCommunity: Auditors Sub 135
School Information
High School District: Minnetonka

Agent Information

Listing Agent
Listing ID: 7126003

Building

Building Details
Builder Name: PRICE HOMES
Building Area
Building Area: 2742 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 7840.8 sqft

Offer

Contingencies: None

Rental Terms, Policies & Fees

Miscellaneous

BasementMls Number: 7126003Above Grade Unfinished Area: 1378

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.
  • Marymjurgens
    "Great community for families— parks, beach, activities, walk to school, restaurants, shopping, bike trails, etc "
  • Marymjurgens
    "Concerts in the Commons, local brewery with live music, annual events/festivals: art fair, 4th of July, apple days, ice cream trolley, history, shops, restaurants "
  • Bobbie Daughters
    "Frequent visitor to the area dog sitting in the neighborhood. Very clean, safe and friendly lake living. "
  • Jlehrke16
    "It’s very family friendly. Perfect for growing family’s, with pets, etc. Bike trails are abundant "
  • Melissa J.
    "Love Love Love my neighborhood! My neighbors are wonderful. The community is great. I can’t imagine raising my child anywhere else. "
  • james b.
    "This is a unique and special lakeside community with wonderful shops, restuarants and live music at multiple venues all within easy walking distance. "
  • james b.
    "walkabilty, multitude of activites, beautiful lakefront, lots of shops and reaturants, bike and running paths"

Market trends in Excelsior

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
10
2
MoM

Home Value

Trulia Estimate
$1.8M
Since 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
MonthEstimated 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

DateEventPrice
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

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
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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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.