400 Mill St, Excelsior, MN 55331
Property image
Property image
SOLD
MAY 6, 2026

400 Mill St
Excelsior, MN 55331

  • 3 Beds
  • 2 Baths
  • 2,140 sqft

$410,000

Last Sold: May 6, 2026
4% below list $425K
$192/sqft
Est. Refi. Payment $2,529/mo*

$410,000

Last Sold: May 6, 2026
4% below list $425K
$192/sqft
Est. Refi. Payment $2,529/mo*
3 Beds
2 Baths
2,140 sqft

Local Information

  • Map ViewExplore the area around 400 Mill St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1952
Living Area
2,140 sqft
Price/Sqft
$192/sqft
Parking
1 Car Garage
HOA
None

About this House

Welcome to this charming 3-bedroom, 2-bath home set in a highly desirable Excelsior location on Galpin Lake, offering a rare opportunity to enjoy peaceful waterfront surroundings just minutes from downtown Excelsior, Lake Minnetonka, parks, trails, shops, and dining.
The home features a functional layout with bright living spaces and beautiful natural light throughout. The main level includes a comfortable living room with hardwood floors, an eat-in kitchen with ample cabinetry and workspace, and three bedrooms conveniently located on one level. A versatile sunroom or bedroom is surrounded by windows provides additional living space.
The lower level offers additional finished space ideal for a family room, recreation area, or hobby space, along with a second bathroom, laundry area, and storage.
Outside, the property truly shines. The fully fenced backyard is mostly flat near the home and gradually slopes toward Galpin Lake, creating usable outdoor space for relaxing, gardening, or entertaining while enjoying scenic lake views.
An attached one-car garage and convenient access to major roadways add to the home’s practicality, while the unbeatable location places you just minutes from shopping, dining and recreation that make Excelsior one of the metro’s most sought-after communities.
Move in and enjoy today or bring your ideas to build long-term value.
400 Mill St, Excelsior, MN 55331 is a 3 bedroom, 2 bathroom, 2,140 sqft single-family home built in 1952. It last sold for $410,000 on May 6, 2026 (4% below the $425,000 asking price). It is currently off market. The Trulia Estimate is $413,800, with a rent estimate of $4,934/month.

Home Details for 400 Mill St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Finished,FullNumber of Rooms: 8Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen, Laundry, Living Room, Patio
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2140 Square FeetFoundation Area: 1230
Appliances & Utilities
Laundry: Lower Level,Laundry Room
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
Has a ViewView: Lake

Exterior Features

Exterior Home Features
Fencing: Full
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (20x11)No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached
Frontage
Waterfront: Lake ViewNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1230 Square FeetFinished Area (below surface): 535 Square Feet

Days on Market

Cumulative Days on Market: 32

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: BlockNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3511723230031

Price & Status

Price
List Price: $425,000Price Per Sqft: $192/sqft
Status Change & Dates
Off Market Date: Tue Mar 31 2026

Location

Direction & Address
City: ExcelsiorCommunity: Eastern Shore
School Information
High School District: Minnetonka

Building

Building Area
Building Area: 2140 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7840.8 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7025019Water ViewWater View: LakeAbove Grade Unfinished Area: 1230Activation Date: Fri Feb 27 2026
Last check for updates: about 7 hours ago
Listed by Jennifer Fisk-Madison, (612) 819-6052
eXp Realty
Nathan A Plasch, (612) 703-2610
Bought with: Dane Jensen, (612) 803-0046, Compass
Source: NorthstarMLS as distributed by MLS GRID, MLS#7025019

Price History for 400 Mill St

DatePriceEventSource
05/06/2026$410,000Sold
NorthstarMLS as distributed by MLS GRID #7025019
03/31/2026$425,000PendingNorthstarMLS as distributed by MLS GRID #7025019
02/27/2026$425,000Listed For SaleNorthstarMLS as distributed by MLS GRID #7025019
03/03/1997$111,900Sold
N/A

Market trends in Excelsior

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
7
1
MoM
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Property Tax and Assessment

Year2025
Tax$4,488
Assessment$405,500
Home facts updated by county records

Comparable Sales for 400 Mill St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$475,000
02/06/26
3
2
1,952
0.02
Single-Family Home
$405,000
05/22/26
2
2
1,274
0.23
Single-Family Home
$425,000
04/15/26
4
2
2,380
0.15
Single-Family Home
$425,000
04/10/26
5
2
4,200
0.35
Single-Family Home
$500,000
09/30/25
3
2
2,079
0.49
Single-Family Home
$650,000
08/20/25
3
1.5
1,357
0.12
Single-Family Home
$915,000
04/20/26
4
3
2,742
0.45
Single-Family Home
$669,400
05/08/26
2
2
1,442

Nearby homes

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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 400 Mill St

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Off Market Homes Near 400 Mill St

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Frequently asked questions about 400 Mill St

  • What is 400 Mill St estimated to be worth?
    Trulia's estimated value for 400 Mill St in Excelsior, MN is $413,800.
  • What is the price history for 400 Mill St?
    400 Mill St in Excelsior, MN last sold for $410,000 in May 2026.
  • 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 400 Mill St have air conditioning?
    Yes, 400 Mill St in Excelsior, MN has air conditioning.
  • Does 400 Mill St have laundry facilities?
    Yes, 400 Mill St in Excelsior, MN has laundry facilities.
Based on information submitted to the MLS GRID as of 2026-08-07 11:38:21 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
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