531 Wheeler Dr, Excelsior, MN 55331
Property image
Property image
OFF MARKET

$464,400

Trulia Estimate
as of Aug 28, 2026
  • 2 Beds
  • 2 Baths
  • 1,200 sqft
  • 2 Beds
  • 2 Baths
  • 1,200 sqft

531 Wheeler Dr, Excelsior, MN 55331

Home Highlights

Property Type
Single-Family Home
Living Area
1,200 sqft
Price/Sqft
$387

Local Information

  • Map ViewExplore the area around 531 Wheeler Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to your new home at 531 Wheeler Drive!
This delightful duplex property is located in the picturesque city of Excelsior, Minnesota. With 2 bedrooms upstairs and full bathroom and an extra bonus room with 0.75 bathroom in basement. This home offers ample room for you and your family to enjoy a comfortable lifestyle.

There is a deck off the back of the house. There are three levels of approximately 400 square feet. One ditached car garage with garage door opener. Washer/Dryer in the basement.
$1950 a month plus utilities. First month rent plus $1950 security deposit due at lease signing. Prefer a 12 month lease term.

Yard maintenance and property snow removal included.
Utilities: All utilities are tenants' responsibility.

Tenant Qualifications: 3x monthly rent in gross income that is verifiable, Credit Score of 675 or above,
Positive references from past landlords,
no prior evictions or unpaid judgements from previous landlords,
no criminal history of misdemeanor or gross misdemeanor within last 5 years.
No criminal history above gross misdemeanor within last 25 years.
Current photo identification and social security number, background check and credit check completed.

Owner DOES NOT participate in the Section 8 Housing Program.

$55 Application Fee is non-refundable

12 month
531 Wheeler Dr, Excelsior, MN 55331 is a 2 bedroom, 2 bathroom, 1,200 sqft single-family home. More recently, it was listed as a rental in May 2026 with an asking price of $1,950 per month. That rental listing was removed on June 6, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $464,400, with a rent estimate of $2,224/month.

Home Details for 531 Wheeler Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached, On Site

Comparable Sales for 531 Wheeler Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
332 Mill St, Excelsior, MN
0.17
Single-Family Home
$405,000
05/22/26
2
2
1,274 sqft
330 Division St, Excelsior, MN
0.13
Single-Family Home
$375,000
06/26/26
2
1
1,167 sqft
499 Wheeler Dr, Excelsior, MN
0.08
Single-Family Home
$475,000
02/06/26
3
2
1,952 sqft
400 Mill St, Excelsior, MN
0.17
Single-Family Home
$410,000
05/06/26
3
2
2,140 sqft
6065 Mill St, Shorewood, MN
0.42
Single-Family Home
$380,000
09/18/25
2
2
1,406 sqft
647 Mill St, Excelsior, MN
0.12
Single-Family Home
$425,000
04/15/26
4
2
2,380 sqft
21986 Bracketts Rd, Shorewood, MN
0.26
Single-Family Home
$500,000
09/30/25
3
2
2,079 sqft
809 Hidden Ln, Excelsior, MN
0.27
Single-Family Home
$475,000
01/07/26
3
2
1,620 sqft
351 Morse Ave, Excelsior, MN
0.30
Single-Family Home
$365,000
10/23/25
3
3
1,593 sqft
248 Center St, Excelsior, MN
0.60
Single-Family Home
$669,400
05/08/26
2
2
1,442 sqft

Nearby homes

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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

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jun 6, 2026
Source: Zillow Rentals
ListingRemoved
$1,950
May 26, 2026
Source: Zillow Rentals
Listed For Rent
$1,950
Dec 7, 2025
Source: Zillow Rentals
ListingRemoved
$1,850
Oct 24, 2025
Source: Zillow Rentals
PriceChange
$1,850
Price decreased by 3%
Oct 10, 2025
Source: Zillow Rentals
PriceChange
$1,900
Price decreased by 3%

Frequently asked questions about 531 Wheeler Dr

  • What is 531 Wheeler Dr estimated to be worth?
    Trulia's estimated value for 531 Wheeler Dr in Excelsior, MN is $464,400.
  • 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.
  • What are the closest schools to 531 Wheeler Dr?
    The closest schools to 531 Wheeler Dr in Excelsior, MN are Excelsior Elementary School (rated 10/10), Minnetonka Senior High School (rated 10/10), Minnetonka West Middle School (rated 9/10).
  • Does 531 Wheeler Dr have air conditioning?
    Yes, 531 Wheeler Dr in Excelsior, MN has air conditioning.
  • Does 531 Wheeler Dr have laundry facilities?
    Yes, 531 Wheeler Dr in Excelsior, MN has in-unit laundry.

Homes for rent near 531 Wheeler Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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