240 Academy Ave, Excelsior, MN 55331
OFF MARKET

240 Academy Ave
Excelsior, MN 55331

  • 2 Beds
  • 3 Baths
  • 1,226 sqft (on 0.28 acres)

$466,600

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $2,914/mo*

$466,600

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $2,914/mo*
2 Beds
3 Baths
1,226 sqft
(on 0.28 acres)

Home Value

Trulia Estimate
$467K
Since last month
Decreased$6K (-1.2%)
Since last year
Increased$14K (+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 increased by +82% in the last 10 years
MonthEstimated value
2026
August 2026$467K
July 2026$472K
June 2026$462K
May 2026$463K
April 2026$467K
March 2026$456K
February 2026$449K
January 2026$436K
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
0.31
Single-Family Home
$575,000
07/15/26
2
2
1,407
0.08
Single-Family Home
$585,000
12/11/25
3
2
2,377
0.21
Single-Family Home
$720,000
04/30/26
3
2.5
3,325
0.63
Single-Family Home
$650,000
02/06/26
5
4.5
4,527
0.64
Single-Family Home
$405,000
05/22/26
2
2
1,274
0.53
Single-Family Home
$669,400
05/08/26
2
2
1,442
0.41
Single-Family Home
$900,000
03/31/26
3
2.5
3,636
0.54
Single-Family Home
$1,005,000
09/05/25
3
2.5
2,604
0.68
Single-Family Home
$780,000
06/29/26
4
3
1,531
0.69
Single-Family Home
$547,500
10/22/25
4
3
2,156

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
0.09
$485,700
3
1.5
1,856
Off Market
0.08
$585,000
3
2
2,377
Recently Sold
0.11
$657,600
4
1.5
2,477
Off Market
0.11
$471,700
2
2
1,839
Off Market
0.11
$821,800
4
1.5
2,354
Off Market
0.10
$519,999
3
2
1,546
For Sale
0.13
$553,400
3
1.5
1,630
Off Market
0.18
$699,000
2
1
1,473
For Sale
0.18
$699,000
-
-
-
For Sale
0.17
$768,100
4
3
2,520
Off Market
0.24
$928,000
4
3.5
3,200
Off Market
0.21
$720,000
3
2.5
3,325
Recently Sold

Local Information

  • Map ViewExplore the area around 240 Academy Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1964
Lot Size
0.28 acres
Living Area
1,226 sqft
Price/Sqft
$381
Parking
Garage

About this House

This single-family home is located at 240 Academy Ave, Excelsior, MN. 240 Academy Ave is in Excelsior, MN and in ZIP code 55331. This property has 2 bedrooms, 3 bathrooms and approximately 1,226 sqft of floor space. This property has a lot size of 0.28 acres and was built in 1964.
240 Academy Ave, Excelsior, MN 55331 is a 2 bedroom, 3 bathroom, 1,226 sqft single-family home built in 1964. It is currently off market. The Trulia Estimate is $466,600, with a rent estimate of $2,465/month.

Home Details for 240 Academy Ave

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: ElectricAir ConditioningHeating Fuel: Electric

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1964Year Updated: 1973
Property Type / Style
Property Type: Single Family HomeArchitecture: split entry

Community

Units in Building: 1

Lot Information

Lot Area: 0.28 acres

Price and Tax history

YearProperty taxTax assessment
2025
$5,561
$450,300
Home facts updated by county records

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

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"

LGBTQ Local Legal Protections

Frequently asked questions about 240 Academy Ave

  • What is 240 Academy Ave estimated to be worth?
    Trulia's estimated value for 240 Academy Ave in Excelsior, MN is $466,600.
  • 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.
  • What are the closest schools to 240 Academy Ave?
    The closest schools to 240 Academy Ave in Excelsior, MN are Excelsior Elementary School (rated 10/10), Minnetonka Senior High School (rated 10/10), Minnetonka West Middle School (rated 9/10).
  • How big is the lot at 240 Academy Ave?
    The lot at 240 Academy Ave in Excelsior, MN is about 0.28 acres (12,111 sq ft).
  • Does 240 Academy Ave have a garage?
    Yes, 240 Academy Ave in Excelsior, MN has a garage.

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