311 3rd St, Excelsior, MN 55331
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Property image
FOR SALE
3D VIEW

$1,150,000

  • 4 Beds
  • 3.5 Baths
  • 3,105 sqft

311 3rd St, Excelsior, MN 55331

Est. Mortgage $7,224/mo*
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We estimate this home will sell faster than 95% nearby.

Home Highlights

Single-Family Home
Built in 2002
$370/sqft
Garage

Local Information

  • Map ViewExplore the area around 311 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Spacious and inviting 4-bedroom, 4-bathroom home in a fantastic location! All four bedrooms are conveniently located on the upper level, along with an upper-level laundry area, plus an additional laundry space in the lower level for added convenience. The large open kitchen features expansive windows overlooking the private, tree-lined backyard, creating the perfect gathering space for cooking, entertaining, or enjoying everyday living. Relax in the cozy living room with a charming wood-burning fireplace. The main level also offers a versatile flex room that is ideal as a home office, den, playroom, or additional living area to fit your lifestyle. The finished lower level provides even more flexible space that can serve as a family room, recreation area, home gym, or potential fifth bedroom. A detached 2-car garage provides ample storage and parking. Enjoy the lifestyle this location offers with eligibility to apply for a city boat dock, easy access to the lake for swimming, and a short walk to downtown restaurants, coffee shops, shopping, and more. This home combines comfort, functionality, and an exceptional location!
Last check for updates: about 5 hours ago
Listing courtesy of Billy Pauling, (952) 261-9014
Keller Williams Premier Realty Lake Minnetonka
Meghan Wallace, (612) 518-5938
Source: NorthstarMLS as distributed by MLS GRID, MLS#7117277
We estimate this home will sell faster than 95% nearby.

Home Details for 311 3rd St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Daylight,Drain Tiled,Drainage System,Egress Window(s),Finished,Full,Owner Access,Storage Space,Sump Basket,Sump PumpNumber of Rooms: 16Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Bathroom, Dining Room, Family Room, Flex Room, Kitchen, Laundry, Living Room, Office, Storage
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: 3105 Square FeetFoundation Area: 1069
Appliances & Utilities
Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Gas Water Heater, Indoor Grill, Range, Refrigerator, Stainless Steel Appliance(s), WasherDishwasherDisposalDryerLaundry: Electric Dryer Hookup,Gas Dryer Hookup,Lower Level,Laundry Room,Upper Level,Washer HookupRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Wood BurningHas a Fireplace
Gas & Electric
Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel EnergyGas: Electric, Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years AsphaltPatio / Porch: Covered, Deck, Front Porch, PatioFencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (24x24)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage
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): 2375 Square FeetFinished Area (below surface): 730 Square Feet

Days on Market

Cumulative Days on Market: 21Days on Market: 43

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: Concrete, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3411723110079

Price & Status

Price
List Price: $1,150,000Price Per Sqft: $370

Location

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

Agent Information

Listing Agent
Listing ID: 7117277

Building

Building Area
Building Area: 3444 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 6969.6 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7117277Above Grade Unfinished Area: 2375Activation Date: Fri Jul 31 2026

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

Home Value

Trulia Estimate
$1.14M
Since last month
Decreased$89K (-7.2%)
Since last year
Increased$1K (+0.1%)
Since last sale
Increased$799K (+235%)
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 +102% in the last 10 years
MonthEstimated value
2026
September 2026$1.14M
August 2026$1.14M
July 2026$1.23M
June 2026$1.26M
May 2026$1.25M
April 2026$1.27M
March 2026$1.28M
February 2026$1.23M
January 2026$1.21M
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
0.16
Single-Family Home
$900,000
03/31/26
3
2.5
3,636
0.23
Single-Family Home
$1,065,000
06/26/26
4
3.5
3,444
0.15
Single-Family Home
$780,000
06/29/26
4
3
1,531
0.14
Single-Family Home
$1,575,000
06/23/26
5
3.5
3,171
0.13
Single-Family Home
$1,725,000
07/30/26
5
4.5
3,505
0.25
Single-Family Home
$1,025,000
02/27/26
5
1.5
3,021
0.13
Single-Family Home
$1,799,000
05/20/26
3
4
3,636
0.03
Single-Family Home
$669,400
05/08/26
2
2
1,442
0.41
Single-Family Home
$410,000
05/06/26
3
2
2,140
0.18
Single-Family Home
$650,000
02/06/26
5
4.5
4,527

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
$669,400
2
2
1,442
Recently Sold
0.05
$1,025,100
4
3
2,300
Off Market
0.04
$1,302,800
3
3
2,100
Off Market
0.07
$1,019,700
2
3
2,417
Off Market
0.07
$1,350,300
3
3.5
2,564
Off Market
0.07
$1,097,600
3
3
2,135
Off Market
0.07
$1,294,600
3
3.5
2,678
Off Market
0.07
-
3
3.5
2,766
Off Market
0.08
$656,600
3
1
1,400
Off Market
0.08
$851,200
3
1.5
1,357
Off Market
0.12
$2,035,700
4
3.5
3,488
Off Market

Price and Tax history

DateEventPrice
Sep 10, 2026
Source: NorthstarMLS as distributed by MLS GRID #7117277
PendingToActive
$1,150,000
Aug 21, 2026
Source: NorthstarMLS as distributed by MLS GRID #7117277
Pending
$1,150,000
Jul 31, 2026
Source: NorthstarMLS as distributed by MLS GRID #7117277
Listed For Sale
$1,150,000
Jun 3, 2025
Source: NorthstarMLS as distributed by MLS GRID #6670495
ListingRemoved
$1,199,900
Apr 24, 2025
Source: NorthstarMLS as distributed by MLS GRID #6670495
PriceChange
$1,199,900
Price decreased by 8%

LGBTQ Local Legal Protections

Billy Pauling, Keller Williams Premier Realty Lake Minnetonka
Agent Phone: (952) 261-9014
Based on information submitted to the MLS GRID as of 2026-09-10 14:38:21 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 311 3rd St

  • What is the estimated monthly payment for 311 3rd St?
    Based on a $1,150,000 list price with 20% down at today's rates, the estimated monthly payment for 311 3rd St in Excelsior, MN is approximately $7,417 (about $6,221 principal & interest, $1,121 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 311 3rd St?
    The closest schools to 311 3rd 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 311 3rd St estimated to be worth?
    Trulia's estimated value for 311 3rd St in Excelsior, MN is $1,139,100.
  • Does 311 3rd St have air conditioning?
    Yes, 311 3rd St in Excelsior, MN has air conditioning.
  • Does 311 3rd St have laundry facilities?
    Yes, 311 3rd St in Excelsior, MN has in-unit laundry.
311 3rd St, Excelsior, MN 55331 is a 4 bedroom, 4 bathroom, 3,105 sqft single-family home built in 2002. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Jul 29, 2026. The MLS # for this home is MLS# 7117277.