511 2nd St #1, Excelsior, MN 55331
OFF MARKET

$1,532,600

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,552 sqft

511 2nd St #1, Excelsior, MN 55331

Refinance Your Home
Currently Off Market - Sold May 31, 2024 for $2,465,060

Home Value

Trulia Estimate
$1.53M
Since last month
Decreased$8K (-0.5%)
Since last year
Decreased$1M (-39.6%)
Since last sale
Decreased$932K (-37.8%)
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 decreased by -38% in the last 10 years
MonthEstimated value
2026
August 2026$1.53M
July 2026$1.54M
June 2026$1.49M
May 2026$1.69M
April 2026$1.64M
March 2026$1.74M
February 2026$1.81M
January 2026$2.15M
2025
2024

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
21957 Minnetonka Blvd #15, Greenwood, MN
0.40
Condo
$1,975,000
01/28/26
3
2.5
2,806
205 Mill St #S301, Excelsior, MN
0.10
Condo
$1,084,895
09/12/25
2
2.5
1,862
603 Lake St #215, Excelsior, MN
0.08
Condo
$975,000
08/14/26
2
2
1,669
603 Lake St #307, Excelsior, MN
0.08
Condo
$1,275,000
05/04/26
2
2
2,036
603 Lake St #214, Excelsior, MN
0.08
Condo
$1,250,000
01/23/26
2
2
1,483
205 Mill St #S205, Excelsior, MN
0.10
Condo
$575,000
03/02/26
1
2
1,223
1321 Lake Dr #216, Chanhassen, MN
3.39
Condo
$270,000
05/22/26
3
2
1,347
1331 Lake Dr #A213, Chanhassen, MN
3.45
Condo
$280,000
04/30/26
3
2
1,258
4100 Shoreline Dr #S201, Spring Park, MN
3.77
Condo
$1,225,000
10/31/25
3
3
2,795

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
511 2nd St #3, Excelsior, MN 55331
0.01
$2,150,000
3
3.5
2,552
For Sale
511 2nd St #2, Excelsior, MN 55331
0.01
$1,358,800
2
2.5
1,968
Off Market
511 2nd St #4, Excelsior, MN 55331
0.01
$1,549,200
2
2.5
1,968
Off Market
603 Lake St #214, Excelsior, MN 55331
0.08
$1,250,000
2
2
1,483
Recently Sold
603 Lake St #118, Excelsior, MN 55331
0.08
$1,305,400
2
2
1,932
Off Market
603 Lake St #215, Excelsior, MN 55331
0.08
$975,000
2
2
1,669
Recently Sold
603 Lake St #307, Excelsior, MN 55331
0.08
$1,275,000
2
2
2,036
Recently Sold
603 Lake St #308, Excelsior, MN 55331
0.08
$1,063,700
2
2
1,770
Off Market
405 Lake St, Excelsior, MN 55331
0.12
$1,126,100
2
1.5
1,092
Off Market
205 Mill St #S104, Excelsior, MN 55331
0.10
$724,400
2
2
1,423
Off Market
205 Mill St #S204, Excelsior, MN 55331
0.10
$775,000
2
2
1,423
For Sale

Local Information

  • Map ViewExplore the area around 511 2nd St #1.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
2023
Living Area
2,552 sqft
Price/Sqft
$601
Parking
Garage
HOA
$1,869/Monthly

About this House

Sold before print.
511 2nd St #1, Excelsior, MN 55331 is a 3 bedroom, 3 bathroom, 2,552 sqft condo built in 2023. It last sold for $2,465,060 on May 31, 2024 (1% below the $2,495,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,532,600, with a rent estimate of $7,989/month.
Last check for updates: about 12 hours ago
Listed by Michael B Steadman, (612) 296-0900
Compass
Elizabeth C Ulrich, (612) 964-7184
Bought with: Tia Black, (612) 382-5239, National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID, MLS#6488946

Home Details for 511 2nd St #1

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 6Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2552 Square FeetFoundation Area: 2552
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas, Living Room, OtherHas a Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Accessible Elevator Installed
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, Front Porch
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Assigned,Electric Vehicle Charging Station(s),Garage Door Opener
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 2552 Square Feet

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Low Rise
Building
Is a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 3511723220186

Price & Status

Price
List Price: $2,495,000
Status Change & Dates
Off Market Date: Tue Mar 05 2024

Location

Direction & Address
City: Excelsior
School Information
High School District: Minnetonka

Building

Building Details
Builder Name: SCHAEFCO DEVELOPMENT LLC
Building Area
Building Area: 2552 Square Feet

HOA

HOA Fee Includes: OtherHOA Name: PendingHOA Phone: 612-296-0900Has an HOAHOA Fee: $1,869/Monthly

Lot Information

Lot Area: 8276.4 sqft

Offer

Contingencies: None

Miscellaneous

Mls Number: 6488946Above Grade Unfinished Area: 2552

Price and Tax history

DateEventPrice
May 31, 2024
Source: NorthstarMLS as distributed by MLS GRID #6488946
Sold
$2,465,060
Mar 5, 2024
Source: NorthstarMLS as distributed by MLS GRID #6488946
Pending
$2,495,000

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 14:38:17 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 511 2nd St #1

  • What is 511 2nd St #1 estimated to be worth?
    Trulia's estimated value for 511 2nd St #1 in Excelsior, MN is $1,532,600.
  • What is the price history for 511 2nd St #1?
    511 2nd St #1 in Excelsior, MN last sold for $2,465,060 in May 2024.
  • 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 511 2nd St #1 have air conditioning?
    Yes, 511 2nd St #1 in Excelsior, MN has air conditioning.

Explore by feature - Pet Friendly

Explore by feature - Garage

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

Skip to last item
Skip to first item

Off Market Homes Near 511 2nd St #1

Skip to last item
Skip to first item

Homes for sale near 511 2nd St #1

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item