407 Lake St, Excelsior, MN 55331
Property image
Property image
OFF MARKET

$1,379,500

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,200 sqft (on 1.05 acres)

407 Lake St, Excelsior, MN 55331

Refinance Your Home
Currently Off Market - Sold Jun 26, 2025 for $1,350,000

Home Value

Trulia Estimate
$1.38M
Since last month
$300 (0%)
Since last year
Increased$21K (+1.5%)
Since last sale
Increased$26K (+1.9%)
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 +159% in the last 10 years
MonthEstimated value
2026
August 2026$1.38M
July 2026$1.38M
June 2026$1.35M
May 2026$1.38M
April 2026$1.36M
March 2026$1.35M
February 2026$1.36M
January 2026$1.35M
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
460 3rd St, Excelsior, MN
0.20
Townhouse
$880,000
06/26/26
2
2.5
2,076
452 3rd St, Excelsior, MN
0.20
Townhouse
$841,000
12/04/25
2
2.5
2,076
5 Village Ln, Excelsior, MN
0.27
Townhouse
$1,000,000
09/26/25
2
3
2,417
4 1st St, Excelsior, MN
0.38
Townhouse
$1,255,000
09/19/25
3
2.5
1,925
6 1st St, Excelsior, MN
0.38
Townhouse
$1,416,000
08/24/26
3
2.5
2,011
5625 Buffington Ln, Shorewood, MN
1.13
Townhouse
$1,304,005
02/06/26
3
2.5
2,988
5635 Buffington Ln, Shorewood, MN
1.13
Townhouse
$1,318,914
03/02/26
3
2.5
3,188
5615 Buffington Ln, Shorewood, MN
1.14
Townhouse
$1,509,123
05/15/26
3
2.5
3,811
5440 Mallard Ln, Shorewood, MN
1.69
Townhouse
$660,000
07/14/26
3
2
1,700
20444 Radisson Rd, Shorewood, MN
1.23
Townhouse
$1,744,202
09/15/25
4
3.5
3,342

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
405 Lake St, Excelsior, MN 55331
0.02
$1,114,500
2
1.5
1,092
Off Market
35 Center St, Excelsior, MN 55331
0.12
$780,000
4
3
1,531
Recently Sold
511 2nd St #3, Excelsior, MN 55331
0.10
$2,150,000
3
3.5
2,552
For Sale
511 2nd St #2, Excelsior, MN 55331
0.10
$1,345,600
2
2.5
1,968
Off Market
511 2nd St #1, Excelsior, MN 55331
0.10
$1,509,500
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
0.11
$1,498,100
2
2.5
1,968
Off Market
603 Lake St #214, Excelsior, MN 55331
0.09
$1,250,000
2
2
1,483
Recently Sold
603 Lake St #118, Excelsior, MN 55331
0.11
$1,299,000
2
2
1,932
Off Market
603 Lake St #215, Excelsior, MN 55331
0.11
$975,000
2
2
1,669
Recently Sold
603 Lake St #307, Excelsior, MN 55331
0.12
$1,275,000
2
2
2,036
Recently Sold
603 Lake St #308, Excelsior, MN 55331
0.12
$1,058,000
2
2
1,770
Off Market

Local Information

  • Map ViewExplore the area around 407 Lake St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1968
Lot Size
1.05 acres
Living Area
1,200 sqft
Price/Sqft
$1,150
Parking
Garage

About this House

Welcome to Excelsior! Downtown Excelsior, Minnetonka Lakeshore, INLUDES boat slip 10 feet out your door! Great views of Excelsior Bay. Remodeled, new kitchen and baths. All exterior maintenance included. Along with the lake, enjoy all the amenities of Downtown Excelsior, Beach, Park, shops.

Owner pays trash and water
407 Lake St, Excelsior, MN 55331 is a 2 bedroom, 2 bathroom, 1,200 sqft townhouse built in 1968. It last sold for $1,350,000 on Jun 26, 2025. More recently, it was listed as a rental in April 2018 with an asking price of $2,500 per month. That rental listing was removed on April 14, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,379,500, with a rent estimate of $2,338/month.

Home Details for 407 Lake St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Number of Rooms: 4Types of Rooms: Walk In Closet, Dining Room, Family Room, Master Bath
Appliances & Utilities
DryerWasher

Property Information

Year Built
Year Built: 1968Year Updated: 1987
Property Type / Style
Property Type: TownhouseArchitecture: Other

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking Space: 1Parking: Garage Attached, Off Street

Community

Units in Building: 1

Lot Information

Lot Area: 1.05 acres

Price and Tax history

DateEventPrice
Jun 26, 2025
Source: N/A
Sold
$1,350,000
Aug 2, 2018
Source: N/A
Sold
$500,000
Apr 14, 2018
Source: Agent Provided
ListingRemoved
$2,500
Apr 11, 2018
Source: Agent Provided
Listed For Rent
$2,500
Feb 2, 2018
Source: Agent Provided
ListingRemoved
$2,700

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

Frequently asked questions about 407 Lake St

  • What is 407 Lake St estimated to be worth?
    Trulia's estimated value for 407 Lake St in Excelsior, MN is $1,379,500.
  • What is the price history for 407 Lake St?
    407 Lake St in Excelsior, MN last sold for $1,350,000 in June 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 407 Lake St have air conditioning?
    Yes, 407 Lake St in Excelsior, MN has air conditioning.
  • Does 407 Lake St have laundry facilities?
    Yes, 407 Lake St in Excelsior, MN has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Air Conditioning

9 rentals with air conditioning in Excelsior, MN

Explore by feature - Washer/dryer

9 rentals with a washer/dryer in Excelsior, MN

Apartments for Rent

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Off Market Homes Near 407 Lake St

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