542 3rd Ave
Excelsior, MN 55331
4 Beds
2.5 Baths
2,612 sqft (on 0.26 acres)
4 Beds
2.5 Baths
2,612 sqft
(on 0.26 acres)
Home Highlights
Outdoor
Patio
Climate Control
Heating & Cooling
HOA
None
Price/Sqft
$241
Listed
Less than a day ago
Local Information
- Map ViewExplore the area around 542 3rd Ave.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Prime Excelsior location—walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails.
This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office.
Separate climate controlled studio/office ideal for remote work, fitness, or creative use.
Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard.
Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation.
Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring.
Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.
This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office.
Separate climate controlled studio/office ideal for remote work, fitness, or creative use.
Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard.
Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation.
Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring.
Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.
Home Details for 542 3rd Ave
|
|---|
MLS Status: Active |
|
|---|
Interior Details Basement: Block,FinishedNumber of Rooms: 11Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2612 Square FeetFoundation Area: 1636 |
Appliances & Utilities Appliances: Dryer, Range, Refrigerator, WasherDryerLaundry: In BasementRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Brick, Wood BurningHas a Fireplace |
Gas & Electric Electric: Circuit BreakersGas: Natural Gas |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
|
|---|
Exterior Home Features Roof: Age Over 8 YearsPatio / Porch: PatioFencing: NoneNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Asphalt |
Pool Pool: None |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 2196 Square FeetFinished Area (below surface): 416 Square Feet |
|
|---|
Days on Market: <1 day on Trulia |
|
|---|
Year Built Year Built: 1948 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 3511723230046 |
|
|---|
Price List Price: $629,000Price Per Sqft: $241 |
|
|---|
|
|---|
Direction & Address City: ExcelsiorCommunity: Jones & Galpins Add & Sub Galpins |
School Information High School District: Minnetonka |
|
|---|
Listing Agent Listing ID: 7123402 |
|
|---|
Building Area Building Area: 2931 Square Feet |
|
|---|
No HOAHOA Fee: No HOA Fee |
|
|---|
Lot Area: 0.26 acres |
|
|---|
Contingencies: None |
|
|---|
BasementMls Number: 7123402Above Grade Unfinished Area: 2196 |
Last check for updates: about 6 hours ago
Listing courtesy of David R Philp, (612) 750-8087
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7123402
Also Listed on NorthstarMLS as distributed by MLS GRID.
Market trends in Excelsior
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
7
1MoM
Price History for 542 3rd Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/07/2026 | $629,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #7123402 |
| 05/09/2023 | ListingRemoved | Zillow Rentals | |
| 04/11/2023 | $2,150 | Listed For Rent | Zillow Rentals |
| 10/13/2022 | ListingRemoved | Zillow Rental Manager | |
| 08/14/2022 | $2,150 | PriceChange | Zillow Rental Manager |
| 08/10/2022 | $2,350 | Listed For Rent | Zillow Rental Manager |
| 03/05/2022 | ListingRemoved | Zillow Rental Manager | |
| 03/01/2022 | $2,250 | Listed For Rent | Zillow Rental Manager |
| 09/21/2017 | $1,950 | ListingRemoved | Agent Provided |
| 08/17/2017 | $1,950 | PriceChange | Agent Provided |
| 06/07/2017 | $2,050 | PriceChange | Agent Provided |
| 05/15/2017 | $2,200 | PriceChange | Agent Provided |
| 04/29/2017 | $2,300 | PriceChange | Agent Provided |
| 03/15/2017 | $2,400 | Listed For Rent | Agent Provided |
| 04/13/2016 | $2,000 | ListingRemoved | Agent Provided |
| 09/22/2014 | $2,100 | ListingRemoved | Agent Provided |
| 08/22/2014 | $2,100 | Listed For Rent | Agent Provided |
| 06/05/2009 | $155,000 | Sold | Lake Superior Area Realtors as distributed by MLS GRID #1256445 |
Similar Homes You May Like
OPEN SUN, 11-1PM0.36 ACRESEdina Realty, Inc.
0.46 ACRESKeller Williams Premier Realty Lake Minnetonka
OPEN SAT, 11-1PM0.97 ACRESNorton Realty, Inc
0.46 ACRESDwell Realty Partners, LLC
0.51 ACRESColdwell Banker Realty - Lakes
NEWOPEN SUN, 11-1PM1.93 ACRESColdwell Banker Realty
OPEN SAT, 1-2:30PM0.63 ACRESRE/MAX Results
0.63 ACRESColdwell Banker Realty - Southwest Regional
0.58 ACRESAshworth Real Estate
OPEN SUN, 12-1:30PM0.91 ACRESRusso Realty LLC
NEWOPEN SUN, 1:30-3PM0.28 ACRESRE/MAX Results
OPEN SAT, 1-3PM0.34 ACRESEdina Realty, Inc.
OPEN SAT, 1-3PM0.39 ACRESFish MLS Realty
AUCTION0.97 ACRES
OPEN SAT, 10-12PMBridge Realty, LLC
OPEN SUN, 11-1PM0.62 ACRESColdwell Banker Realty
See more homes for sale inExcelsior
New Listings near 542 3rd Ave
NEWOPEN SAT, 11-1PMCOMING SOON 8/80.62 ACRESEdina Realty, Inc.- NEWOPEN SUN, 11-1PM1.93 ACRESColdwell Banker Realty
- OPEN SAT, 1-2:30PM0.63 ACRESRE/MAX Results
- NEWOPEN SUN, 1:30-3PM0.28 ACRESRE/MAX Results
- OPEN SAT, 1-3PM0.34 ACRESEdina Realty, Inc.
NEW - 29 MIN AGO0.51 ACRESCentury 21 Atwood
0.48 ACRESEngel & Volkers Lake Minnetonka
NEWOPEN SAT, 2:30-4PM0.37 ACRESEdina Realty, Inc.
NEW - 1 DAY AGOKeller Williams Realty Integrity Lakes
NEWOPEN SAT, 11-1PMCOMING SOON 8/8Coldwell Banker Realty - Lakes
0.87 ACRESRE/MAX Advantage Plus
OPEN SAT, 11-1PM1.18 ACRESRE/MAX Results
0.52 ACRESRE/MAX Advantage Plus- See more homes for sale inExcelsior
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,388 |
| Assessment | $457,200 |
Home facts updated by county records
Comparable Sales for 542 3rd Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $425,000 | 04/15/26 | 4 | 2 | 2,380 | |
0.06 | Single-Family Home | $410,000 | 05/06/26 | 3 | 2 | 2,140 | |
0.07 | Single-Family Home | $915,000 | 04/20/26 | 4 | 3 | 2,742 | |
0.15 | Single-Family Home | $475,000 | 02/06/26 | 3 | 2 | 1,952 | |
0.17 | Single-Family Home | $425,000 | 04/10/26 | 5 | 2 | 4,200 | |
0.08 | Single-Family Home | $405,000 | 05/22/26 | 2 | 2 | 1,274 | |
0.29 | Single-Family Home | $500,000 | 09/30/25 | 3 | 2 | 2,079 | |
0.50 | Single-Family Home | $1,385,000 | 08/29/25 | 4 | 3.5 | 2,314 | |
0.62 | Single-Family Home | $636,000 | 01/13/26 | 4 | 3 | 2,740 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDMAY 22, 2026Prandium Group Real Estate
Assigned Schools
These are the assigned schools for 542 3rd Ave.
- Excelsior Elementary School
- K-5
- Public
- 707 Students
10/10GreatSchools RatingParent Rating AverageExtreme discrimination my son was ostracized by the staff when I removed him the police where sent to my homeParent Review11mo ago - Minnetonka Senior High School
- 9-12
- Public
- 3514 Students
10/10GreatSchools RatingParent Rating AverageHands down, the best public school. Yes, graduating classes are large, but the kids and the teachers know each other. Highly inclusive, there is a group for everyone at this school. Academics are unquestionably strong. Services and support are unparalleled. The resources at this school are amazing.Parent Review4y ago - Minnetonka West Middle School
- 6-8
- Public
- 1297 Students
9/10GreatSchools RatingParent Rating AverageUnbelievable, made many friends within the first month of being there. The advanced classes are very good, they provide a nice challenge to keep me thinking. 10/10 for sure.Student Review8y ago 
Check out schools near 542 3rd Ave.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 542 3rd Ave
- What is the estimated monthly payment for 542 3rd Ave?Based on a $629,000 list price with 20% down at today's rates, the estimated monthly payment for 542 3rd Ave in Excelsior, MN is approximately $3,981 (about $3,293 principal & interest, $613 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Excelsior?Residents describe Excelsior, MN as walkable to restaurants, dog-friendly, and pedestrian-friendly. See homes for sale in Excelsior, MN.
- What are the closest schools to 542 3rd Ave?The closest schools to 542 3rd Ave in Excelsior, MN are Excelsior Elementary School (rated 10/10), Minnetonka Senior High School (rated 10/10), Minnetonka West Middle School (rated 9/10).
- What is 542 3rd Ave estimated to be worth?Trulia's estimated value for 542 3rd Ave in Excelsior, MN is $615,700.
- Does 542 3rd Ave have air conditioning?Yes, 542 3rd Ave in Excelsior, MN has air conditioning.
- Does 542 3rd Ave have laundry facilities?Yes, 542 3rd Ave in Excelsior, MN has in-unit laundry.
David R Philp, Coldwell Banker Realty
Agent Phone: (612) 750-8087
Based on information submitted to the MLS GRID as of 2026-08-07 11:38:21 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
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
542 3rd Ave, Excelsior, MN 55331 is a 4 bedroom, 3 bathroom, 2,612 sqft single-family home built in 1948. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Aug 7, 2026. The MLS # for this home is MLS# 7123402.