231 2nd St, Excelsior, MN 55331
OFF MARKET

231 2nd St
Excelsior, MN 55331

  • 4 Beds
  • 2.5 Baths
  • 4,265 sqft

$1,939,000

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $11,863/mo*

$1,939,000

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $11,863/mo*
4 Beds
2.5 Baths
4,265 sqft

Home Value

Trulia Estimate
$1.94M
Since last month
Increased$8K (+0.4%)
Since last year
Increased$54K (+2.9%)
Since last sale
Increased$89K (+4.8%)
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 +105% in the last 10 years
MonthEstimated value
2026
August 2026$1.94M
July 2026$1.96M
June 2026$1.93M
May 2026$1.94M
April 2026$1.91M
March 2026$1.89M
February 2026$1.88M
January 2026$1.88M
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
0.03
Single-Family Home
$1,575,000
06/23/26
5
3.5
3,171
0.12
Single-Family Home
$1,725,000
07/30/26
5
4.5
3,505
0.07
Single-Family Home
$1,799,000
05/20/26
3
4
3,636
0.20
Single-Family Home
$2,000,000
08/29/25
4
3.5
3,488
0.16
Single-Family Home
$1,065,000
06/26/26
4
3.5
3,444
0.08
Single-Family Home
$1,040,000
08/15/25
4
3.5
3,000
0.14
Single-Family Home
$1,025,000
02/27/26
5
1.5
3,021
0.08
Single-Family Home
$780,000
06/29/26
4
3
1,531
0.24
Single-Family Home
$900,000
03/31/26
3
2.5
3,636
0.06
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
$1,575,000
5
3.5
3,171
Recently Sold
0.06
$844,400
4
2.5
2,470
Off Market
0.07
$1,799,000
3
4
3,636
Recently Sold
0.08
$780,000
4
3
1,531
Recently Sold
0.08
$1,058,700
4
3.5
3,000
Off Market
0.06
$854,200
3
1.5
1,357
Off Market
0.08
$1,130,900
4
3.5
2,782
Off Market
0.11
$4,195,000
4
3.5
4,661
For Sale
0.09
$478,500
-
-
-
Recently Sold
0.12
$725,000
2
1
1,482
Recently Sold
0.09
$660,600
3
1
1,400
Off Market

Local Information

  • Map ViewExplore the area around 231 2nd St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1928
Living Area
4,265 sqft
Price/Sqft
$455
Parking
2 Car Garage
HOA
None

About this House

This gorgeous downtown Excelsior home has been redone top to bottom in the last 7 years including new windows, James Hardie siding, roof, gutters, land/hardscaping, addition of three season porch, new Azek decking and so much more. This is just the beginning of the extensive improvements before even setting foot inside!
Gleaming hardwood floors with a rich walnut stain extend through the entire main level. From the spacious front foyer you enter the light filled, formal living room featuring a wood burning fireplace. You feel drawn to the heart of the home via the coffered ceilings of the center hall. A delighted "ahh" tends to escape as you see the fully remodeled kitchen featuring custom cabinetry, stunning marble countertops, a suite of high quality appliances and custom range hood. The timeless style is complimented by the functionality, storage and seating of the generous center island. Everyone is part of the action in this space, if not preparing a meal, you can relax on the cozy window seat with drawer storage below or make yourself comfortable in the family room with gas fireplace set in fieldstone and flanked by a built in components cabinet. The informal dining area is appointed with the addition of the built in buffet and display. It is also the gateway to the new maintenance free deck and darling screened porch.
From the Oversized, attached two car garage, you will step into a custom built mud room and huge walk in closet. Just outside the mudroom is a darling, covered back porch and concrete parking slab. Back inside you will be dazzled by
the multifunctional laundry space featuring an adorable wash sink, butcher block folding area and ample room for storage of your larger kitchen appliances. A darling 1/2 bath rounds out the main floor.
Transitioning to the upper level via the open stairwell you will find all of this homes 4 bedrooms.
Remodeled in 2018, the seller created a private oasis in the primary suite. A wall of built in drawers and storage frame another darling window seat. You will be elated with the custom organized walk in closet, spa like primary bath with separate soaking tub, walk in shower, dual sinks and more custom built ins. A second stunning bedroom mimics the primary with a wall of closet space and wainscoting clad wall. The third and fourth bedrooms are separated by a newly added built in linen closet with two drawers and is located across the hall from the beautiful full bath.
As if this isn't enough, you still have more space to explore. The lower level amusement room offers daylight lookout windows, 9 ft ceilings, recessed lighting, LVP flooring and access to all the updated mechanicals and abundant storage.
This location couldn't be more perfect. Just off the hustle and bustle of Water and Lake Street, you can stroll down to enjoy summer music in the park in the Excelsior Commons on the shores of Lake Minnetonka. Attend any of the multiple Excelsior seasonal events, shop at the downtown boutiques, dine in excellent restaurants or kick back and relax at the brewery and other local establishments.
This property offers the full package of quality construction, functionality and an amazing location. You won't want to miss your opportunity to see this home.
PLEASE NOTE 2 HR NOTICE FOR ALL SHOWINGS IS REQUIRED.
231 2nd St, Excelsior, MN 55331 is a 4 bedroom, 3 bathroom, 4,265 sqft single-family home built in 1928. It last sold for the $1,850,000 asking price on Nov 4, 2024. It is currently off market. The Trulia Estimate is $1,939,000, with a rent estimate of $4,231/month.

Home Details for 231 2nd St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Daylight,Finished,Full,Partially Finished,Storage SpaceNumber of Rooms: 15Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Deck, Dining Room, Family Room, Foyer, Game Room, Informal Dining Room, Kitchen, Laundry, Living Room, Screened Porch
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4265 Square FeetFoundation Area: 1769
Appliances & Utilities
Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Water Softener OwnedDishwasherDisposalDryerLaundry: Laundry Room,Main Level,SinkMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: 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

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or Less Architectural ShinglePatio / Porch: Composite Decking, Deck, Front Porch, Screened, Side PorchFencing: Invisible
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (28 x 24)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Concrete,Driveway - Other Surface,Garage Door Opener,Insulated Garage
Frontage
Road Frontage: City Street, Curbs, SidewalksResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 3465 Square FeetFinished Area (below surface): 800 Square Feet

Days on Market

Cumulative Days on Market: 65

Property Information

Year Built
Year Built: 1928
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Block, ConcreteNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3411723110118

Price & Status

Price
List Price: $1,850,000
Status Change & Dates
Off Market Date: Wed Sep 25 2024

Location

Direction & Address
City: ExcelsiorCommunity: Gates Sub 20 Village Of Excelsior
School Information
High School District: Minnetonka

Building

Building Area
Building Area: 4265 Square Feet

HOA

No HOA

Lot Information

Lot Area: 9583.2 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6557878Above Grade Unfinished Area: 3465Activation Date: Mon Jul 22 2024
Last check for updates: about 18 hours ago
Listed by Melissa P Vilett, (612) 327-8496
Edina Realty, Inc.
Bought with: Jeanne LeVasseur, (612) 759-1006, Keller Williams Realty Integrity
Source: NorthstarMLS as distributed by MLS GRID, MLS#6557878

Price and Tax history

DateEventPrice
Nov 4, 2024
Source: NorthstarMLS as distributed by MLS GRID #6557878
Sold
$1,850,000
Sep 25, 2024
Source: NorthstarMLS as distributed by MLS GRID #6557878
Pending
$1,850,000
Jul 22, 2024
Source: NorthstarMLS as distributed by MLS GRID #6557878
Listed For Sale
$1,850,000
Jun 28, 2024
Source: N/A
ListingRemoved
Jun 4, 2024
Source: N/A
PriceChange
$1,995,000
Price decreased by 5%

Market trends in Excelsior

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
1
MoM
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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"

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Homes for sale near 231 2nd St

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Off Market Homes Near 231 2nd St

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Frequently asked questions about 231 2nd St

  • What is 231 2nd St estimated to be worth?
    Trulia's estimated value for 231 2nd St in Excelsior, MN is $1,939,000.
  • What is the price history for 231 2nd St?
    231 2nd St in Excelsior, MN last sold for $1,850,000 in November 2024.
  • Is Excelsior a buyer's or seller's market?
    Excelsior is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Excelsior?
    Residents describe Excelsior, MN as walkable to restaurants, dog-friendly, and pedestrian-friendly. See recently sold homes in Excelsior, MN.
  • Does 231 2nd St have air conditioning?
    Yes, 231 2nd St in Excelsior, MN has air conditioning.
  • Does 231 2nd St have laundry facilities?
    Yes, 231 2nd St in Excelsior, MN has laundry facilities.
Based on information submitted to the MLS GRID as of 2026-08-13 13:13:23 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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