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

511 2nd St #2
Excelsior, MN 55331

  • 2 Beds
  • 2.5 Baths
  • 1,968 sqft

$1,367,800

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $8,397/mo*
Refinance Your Home

$1,367,800

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $8,397/mo*
Refinance Your Home
2 Beds
2.5 Baths
1,968 sqft

Home Value

Trulia Estimate
$1.37M
Since last month
Decreased$31K (-2.3%)
Since last year
Decreased$668K (-33.6%)
Since last sale
Decreased$632K (-32.4%)
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 decreased by -39% in the last 10 years
MonthEstimated value
2026
August 2026$1.32M
July 2026$1.38M
June 2026$1.35M
May 2026$1.51M
April 2026$1.45M
March 2026$1.71M
February 2026$1.87M
January 2026$1.98M
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
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
0.07
Condo
$975,000
08/14/26
2
2
1,669
603 Lake St #307, Excelsior, MN
0.07
Condo
$1,275,000
05/04/26
2
2
2,036
603 Lake St #214, Excelsior, MN
0.07
Condo
$1,250,000
01/23/26
2
2
1,483
21957 Minnetonka Blvd #15, Greenwood, MN
0.39
Condo
$1,975,000
01/28/26
3
2.5
2,806
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
1321 Lake Dr #226, Chanhassen, MN
3.40
Condo
$189,900
08/20/25
2
2
1,070
1321 Lake Dr W #101, Chanhassen, MN
3.40
Condo
$189,900
05/27/26
2
2
1,070

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
0.00
$2,150,000
3
3.5
2,552
For Sale
511 2nd St #1, Excelsior, MN 55331
0.01
$1,546,000
3
2.5
2,552
Off Market
511 2nd St #4, Excelsior, MN 55331
0.01
$1,614,600
2
2.5
1,968
Off Market
603 Lake St #214, Excelsior, MN 55331
0.07
$1,250,000
2
2
1,483
Recently Sold
603 Lake St #118, Excelsior, MN 55331
0.07
$1,287,300
2
2
1,932
Off Market
603 Lake St #215, Excelsior, MN 55331
0.07
$975,000
2
2
1,669
Recently Sold
603 Lake St #307, Excelsior, MN 55331
0.07
$1,275,000
2
2
2,036
Recently Sold
603 Lake St #308, Excelsior, MN 55331
0.07
$1,054,700
2
2
1,770
Off Market
405 Lake St, Excelsior, MN 55331
0.12
$1,142,000
2
1.5
1,092
Off Market
205 Mill St #S104, Excelsior, MN 55331
0.10
$723,200
2
2
1,423
Off Market
205 Mill St #S205, Excelsior, MN 55331
0.10
$575,000
1
2
1,223
Recently Sold

Local Information

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

Home Highlights

Property Type
Condo
Year Built
2023
Living Area
1,968 sqft
Price/Sqft
$695
Parking
3 Car Garage
HOA
$1,479/Monthly

About this House

Located in the heart of charming downtown Excelsior, Lake House Condominiums offers the epitome of luxury turn-key condo living. Impressive high-end finishes, fixtures, and craftsmanship throughout. Highlights include beautiful wide-plank hardwood floors, Thermador SS appliances, large center island with waterfall edge, custom cabinetry, custom closet systems, en-suite bedrooms, and designer bath and lighting fixtures. Ideal entertaining spots inside by the wet bar or pass through the 12' accordion doors to the covered balcony with gas fireplace. Enjoy lake views and the ease of walking to all the exciting restaurants, shopping and community events in Excelsior.
511 2nd St #2, Excelsior, MN 55331 is a 2 bedroom, 3 bathroom, 1,968 sqft condo built in 2023. It last sold for $1,950,000 on Aug 2, 2024 (10% below the $2,175,000 asking price). It is currently off market. The Trulia Estimate is $1,367,800, with a rent estimate of $7,046/month.

Home Details for 511 2nd St #2

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Den, Dining Room, Kitchen, Living Room, Porch
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1968 Square FeetFoundation Area: 1968
Appliances & Utilities
Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Wine CoolerDishwasherDisposalLaundry: In UnitMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas, Living RoomHas 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
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Assigned,Attached
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1968 Square Feet

Days on Market

Cumulative Days on Market: 115

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: TBD

Price & Status

Price
List Price: $2,175,000
Status Change & Dates
Off Market Date: Fri Jun 28 2024

Location

Direction & Address
City: ExcelsiorCommunity: 500 Lake Add
School Information
High School District: Minnetonka

Building

Building Area
Building Area: 1968 Square Feet

HOA

HOA Fee Includes: Internet, Other, Sanitation, Water/SewerHOA Name: PendingHOA Phone: 612-296-0900Has an HOAHOA Fee: $1,479/Monthly

Lot Information

Lot Area: 8276.4 sqft

Offer

Contingencies: None

Miscellaneous

Mls Number: 6488955Above Grade Unfinished Area: 1968
Last check for updates: about 20 hours ago
Listed by Elizabeth C Ulrich, (612) 964-7184
Compass
Michael B Steadman, (612) 296-0900
Bought with: Christopher John Johnston, (952) 897-1707, Walleye Brokerage, LLC
Source: NorthstarMLS as distributed by MLS GRID, MLS#6488955

Price and Tax history

DateEventPrice
Aug 2, 2024
Source: NorthstarMLS as distributed by MLS GRID #6488955
Sold
$1,950,000
Jun 28, 2024
Source: NorthstarMLS as distributed by MLS GRID #6488955
Pending
$2,175,000
Mar 5, 2024
Source: NorthstarMLS as distributed by MLS GRID #6488955
Listed For Sale
$2,175,000

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
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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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Apartments for Rent

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Explore by feature - Pet Friendly

6 pet-friendly rentals in Excelsior, MN

Explore by feature - Garage

6 rentals with a garage in Excelsior, MN

Explore by feature - Air Conditioning

10 rentals with air conditioning in Excelsior, MN

Explore by feature - Washer/dryer

10 rentals with a washer/dryer in Excelsior, MN

Homes for sale near 511 2nd St #2

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Off Market Homes Near 511 2nd St #2

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Frequently asked questions about 511 2nd St #2

  • What is 511 2nd St #2 estimated to be worth?
    Trulia's estimated value for 511 2nd St #2 in Excelsior, MN is $1,367,800.
  • What is the price history for 511 2nd St #2?
    511 2nd St #2 in Excelsior, MN last sold for $1,950,000 in August 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 #2 have air conditioning?
    Yes, 511 2nd St #2 in Excelsior, MN has air conditioning.
  • Does 511 2nd St #2 have laundry facilities?
    Yes, 511 2nd St #2 in Excelsior, MN has laundry facilities.
Based on information submitted to the MLS GRID as of 2026-08-16 10:58:22 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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