405 Lake St, Excelsior, MN 55331
OFF MARKET

$1,126,100

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,092 sqft

405 Lake St, Excelsior, MN 55331

Refinance Your Home
Currently Off Market - Sold Feb 14, 2025 for $1,100,000

Home Value

Trulia Estimate
$1.13M
Since last month
Decreased$15K (-1.3%)
Since last year
Increased$4K (+0.3%)
Since last sale
Increased$24K (+2.2%)
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 +112% in the last 10 years
MonthEstimated value
2026
August 2026$1.12M
July 2026$1.14M
June 2026$1.12M
May 2026$1.14M
April 2026$1.12M
March 2026$1.11M
February 2026$1.12M
January 2026$1.12M
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
603 Lake St #214, Excelsior, MN
0.10
Condo
$1,250,000
01/23/26
2
2
1,483
603 Lake St #215, Excelsior, MN
0.12
Condo
$975,000
08/14/26
2
2
1,669
603 Lake St #307, Excelsior, MN
0.13
Condo
$1,275,000
05/04/26
2
2
2,036
21957 Minnetonka Blvd #15, Greenwood, MN
0.35
Condo
$1,975,000
01/28/26
3
2.5
2,806
205 Mill St #S301, Excelsior, MN
0.22
Condo
$1,084,895
09/12/25
2
2.5
1,862
205 Mill St #S205, Excelsior, MN
0.22
Condo
$575,000
03/02/26
1
2
1,223
7278 Hunters Run, Eden Prairie, MN
3.94
Condo
$248,000
10/20/25
3
2
1,216

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
35 Center St, Excelsior, MN 55331
0.11
$780,000
4
3
1,531
Recently Sold
511 2nd St #3, Excelsior, MN 55331
0.12
$2,150,000
3
3.5
2,552
For Sale
511 2nd St #2, Excelsior, MN 55331
0.12
$1,358,800
2
2.5
1,968
Off Market
511 2nd St #1, Excelsior, MN 55331
0.12
$1,532,600
3
2.5
2,552
Off Market
101 Center St, Excelsior, MN 55331
0.12
$1,799,000
3
4
3,636
Recently Sold
511 2nd St #4, Excelsior, MN 55331
0.13
$1,549,200
2
2.5
1,968
Off Market
603 Lake St #214, Excelsior, MN 55331
0.10
$1,250,000
2
2
1,483
Recently Sold
603 Lake St #118, Excelsior, MN 55331
0.12
$1,305,400
2
2
1,932
Off Market
603 Lake St #215, Excelsior, MN 55331
0.12
$975,000
2
2
1,669
Recently Sold
603 Lake St #307, Excelsior, MN 55331
0.13
$1,275,000
2
2
2,036
Recently Sold
603 Lake St #308, Excelsior, MN 55331
0.13
$1,063,700
2
2
1,770
Off Market

Local Information

  • Map ViewExplore the area around 405 Lake St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1968
Living Area
1,092 sqft
Price/Sqft
$1,031
Parking
Garage
HOA
$438/Monthly

About this House

Rare opportunity for true waters-edge living in Excelsior. You'll love the panoramic Lake Minnetonka views from your spacious 2 bedroom condo. Premier location approximately 10 steps away from your boat slip with 2 off-street parking spaces makes this a perfect home for those who like to enjoy all the lake has to offer. Great access to dining and much more. Call for a private tour today! It's time to get on the water.
405 Lake St, Excelsior, MN 55331 is a 2 bedroom, 2 bathroom, 1,092 sqft condo built in 1968. It last sold for $1,100,000 on Feb 14, 2025 (4% below the $1,150,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,126,100, with a rent estimate of $3,716/month.
Last check for updates: about 14 hours ago
Listed by Gregory Hiniker, (612) 868-0724
Realty Inc
Bought with: Gregory Hiniker, (612) 868-0724, Realty Inc
Source: NorthstarMLS as distributed by MLS GRID, MLS#6611157

Home Details for 405 Lake St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1092 Square FeetFoundation Area: 1092
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: Partially Wheelchair
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Parking Lot
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1092 Square Feet

Days on Market

Cumulative Days on Market: 118

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: ResidentialProperty Subtype: Low Rise
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 3411723110090

Price & Status

Price
List Price: $1,150,000
Status Change & Dates
Off Market Date: Fri Feb 07 2025

Location

Direction & Address
City: ExcelsiorCommunity: Condo 0003 Bay Shore Manor
School Information
High School District: Minnetonka

Building

Building Area
Building Area: 1092 Square Feet

HOA

HOA Fee Includes: Maintenance Structure, Controlled Access, Dock, Lawn Care, Maintenance Grounds, Parking, Sanitation, Shared Amenities, Snow RemovalHOA Name: Bay Shore CondominiumsHOA Phone: 602-430-7150Has an HOAHOA Fee: $438/Monthly

Lot Information

Lot Area: 0.97 acres

Offer

Contingencies: None

Miscellaneous

Mls Number: 6611157Above Grade Unfinished Area: 1092Activation Date: Fri Oct 04 2024

Additional Information

HOA Amenities: Boat Slip,Boat Dock

Price and Tax history

DateEventPrice
Feb 14, 2025
Source: NorthstarMLS as distributed by MLS GRID #6611157
Sold
$1,100,000
Feb 7, 2025
Source: NorthstarMLS as distributed by MLS GRID #6611157
Pending
$1,150,000
Jan 4, 2025
Source: NorthstarMLS as distributed by MLS GRID #6611157
PriceChange
$1,150,000
Price decreased by 4%
Oct 7, 2024
Source: NorthstarMLS as distributed by MLS GRID #6611157
Listed For Sale
$1,200,000
Apr 29, 1997
Source: N/A
Sold
$158,000

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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-28 10:48:24 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

Frequently asked questions about 405 Lake St

  • What is 405 Lake St estimated to be worth?
    Trulia's estimated value for 405 Lake St in Excelsior, MN is $1,126,100.
  • What is the price history for 405 Lake St?
    405 Lake St in Excelsior, MN last sold for $1,100,000 in February 2025.
  • 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 405 Lake St have air conditioning?
    Yes, 405 Lake St in Excelsior, MN has air conditioning.

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