353 Water St, Excelsior, MN 55331
OFF MARKET

$511,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,890 sqft

353 Water St, Excelsior, MN 55331

Est. Refi. Payment $3,215/mo*
Refinance Your Home

Home Value

Trulia Estimate
$511K
Since last month
Decreased$800 (-0.2%)
Since last year
Increased$7K (+1.4%)
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 +49% in the last 10 years
MonthEstimated value
2026
August 2026$512K
August 2026$511K
July 2026$512K
June 2026$506K
May 2026$503K
April 2026$508K
March 2026$506K
February 2026$496K
January 2026$489K
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
24945 Smithtown Rd, Shorewood, MN
1.40
Multi-Family Home
$390,000
09/04/25
4
2
1,644
5415 Mallard Ln, Shorewood, MN
1.54
Multi-Family Home
$560,000
07/21/26
6
4
3,300
5420 Mallard Ln, Shorewood, MN
1.57
Multi-Family Home
$570,402
04/01/26
6
4
3,300
5345 Wedgewood Dr, Shorewood, MN
1.47
Multi-Family Home
$644,000
11/07/25
7
4
3,705
10 Woodpecker Ridge Rd, Tonka Bay, MN
1.57
Multi-Family Home
$575,000
02/20/26
6
4
2,880
2595 Lydiard Cir, Excelsior, MN
2.78
Multi-Family Home
$840,000
03/05/26
6
4
3,325
4660 Suffolk Rd, Mound, MN
4.07
Multi-Family Home
$497,500
10/21/25
6
2
2,316
4700 Temple Rd, Minnetonka, MN
4.16
Multi-Family Home
$300,000
01/14/26
2
1
1,456
3115 Co Rd N, Wayzata, MN
4.21
Multi-Family Home
$750,000
02/19/26
6
4
1,922
5017 Shoreline Dr, Mound, MN
4.74
Multi-Family Home
$330,000
08/11/26
4
2
1,836

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
448 3rd St, Excelsior, MN 55331
0.07
$811,400
2
2.5
1,858
Off Market
452 3rd St, Excelsior, MN 55331
0.07
$841,000
2
2.5
2,076
Recently Sold
460 3rd St, Excelsior, MN 55331
0.08
$880,000
2
2.5
2,076
Recently Sold
15 Village Ln, Excelsior, MN 55331
0.09
$1,294,600
3
3.5
2,678
Off Market
4 Village Ln, Excelsior, MN 55331
0.10
$1,097,600
3
3
2,135
Off Market
11 Village Ln, Excelsior, MN 55331
0.10
$1,350,300
3
3.5
2,564
Off Market
472 3rd St, Excelsior, MN 55331
0.10
$347,400
1
1
645
Off Market
5 Village Ln, Excelsior, MN 55331
0.12
$1,019,700
2
3
2,417
Off Market
250 3rd St, Excelsior, MN 55331
0.16
$1,025,100
4
3
2,300
Off Market
361 Morse Ave, Excelsior, MN 55331
0.17
$361,200
3
1.5
715
Off Market
248 Center St, Excelsior, MN 55331
0.17
$669,400
2
2
1,442
Recently Sold
221 George St, Excelsior, MN 55331
0.18
$2,035,700
4
3.5
3,488
Off Market

Local Information

  • Map ViewExplore the area around 353 Water St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1925
Living Area
1,890 sqft
Price/Sqft
$270

About this House

This multi-family home is located at 353 Water St, Excelsior, MN. 353 Water St is in Excelsior, MN and in ZIP code 55331. This property has 3 bedrooms, 2 bathrooms and approximately 1,890 sqft of floor space. This property has a lot size of 9649 sqft and was built in 1925.
353 Water St, Excelsior, MN 55331 is a 3 bedroom, 2 bathroom, 1,890 sqft multi-family built in 1925. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $511,200, with a rent estimate of $2,275/month.

Home Details for 353 Water St

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: WallAir ConditioningHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1.75

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Composition

Property Information

Year Built
Year Built: 1925Year Updated: 1977
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 9649 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$6,109
$503,600
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
1MoM

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.
  • Marymjurgens
    "Great community for families— parks, beach, activities, walk to school, restaurants, shopping, bike trails, etc "
    0
    Flag
  • 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 "
    0
    Flag
  • Bobbie Daughters
    "Frequent visitor to the area dog sitting in the neighborhood. Very clean, safe and friendly lake living. "
    0
    Flag
  • Jlehrke16
    "It’s very family friendly. Perfect for growing family’s, with pets, etc. Bike trails are abundant "
    1
    Flag
  • Melissa J.
    "Love Love Love my neighborhood! My neighbors are wonderful. The community is great. I can’t imagine raising my child anywhere else. "
    0
    Flag
  • 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. "
    2
    Flag
  • james b.
    "walkabilty, multitude of activites, beautiful lakefront, lots of shops and reaturants, bike and running paths"
    1
    Flag

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Frequently asked questions about 353 Water St

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11 rentals with air conditioning in Excelsior, MN

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10 rentals with a washer/dryer in Excelsior, MN

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