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

$488,200

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,814 sqft (on 0.28 acres)

550 Wheeler Dr, Excelsior, MN 55331

Est. Refi. Payment $3,194/mo*
Refinance Your Home
Currently Off Market - Sold Jun 23, 2025 for $479,000

Home Value

Trulia Estimate
$488K
Since last month
Increased$400 (+0.1%)
Since last year
Increased$9K (+1.9%)
Since last sale
Increased$10K (+2.1%)
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 +46% in the last 10 years
MonthEstimated value
2026
September 2026$489K
August 2026$489K
July 2026$488K
June 2026$479K
May 2026$491K
April 2026$484K
March 2026$480K
February 2026$482K
January 2026$479K
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
647 Mill St, Excelsior, MN
0.09
Single-Family Home
$425,000
04/15/26
4
2
2,380
499 Wheeler Dr, Excelsior, MN
0.12
Single-Family Home
$475,000
02/06/26
3
2
1,952
400 Mill St, Excelsior, MN
0.14
Single-Family Home
$410,000
05/06/26
3
2
2,140
516 Grace St, Excelsior, MN
0.12
Single-Family Home
$915,000
04/20/26
4
3
2,742
401 Highway 7, Excelsior, MN
0.26
Single-Family Home
$425,000
04/10/26
5
2
4,200
609 Mill St, Excelsior, MN
0.05
Single-Family Home
$366,000
08/31/26
3
2
1,560
21986 Bracketts Rd, Shorewood, MN
0.23
Single-Family Home
$500,000
09/30/25
3
2
2,079
332 Mill St, Excelsior, MN
0.15
Single-Family Home
$405,000
05/22/26
2
2
1,274
6271 Cardinal Ave, Excelsior, MN
0.63
Single-Family Home
$636,000
01/13/26
4
3
2,740

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
565 Wheeler Dr, Excelsior, MN 55331
0.04
$389,600
3
1.5
1,176
Off Market
609 Mill St, Excelsior, MN 55331
0.05
$366,000
3
2
1,560
Recently Sold
510 Wheeler Dr, Excelsior, MN 55331
0.06
$501,200
4
2
2,368
Off Market
647 Mill St, Excelsior, MN 55331
0.09
$425,000
4
2
2,380
Recently Sold
542 3rd Ave, Excelsior, MN 55331
0.09
$599,000
4
2.5
2,612
For Sale
529 Wheeler Dr, Excelsior, MN 55331
0.07
$671,800
4
4
2,330
Off Market
516 Grace St, Excelsior, MN 55331
0.12
$915,000
4
3
2,742
Recently Sold
420 Mill St, Excelsior, MN 55331
0.13
$512,300
3
3
1,667
Off Market
536 Division St, Excelsior, MN 55331
0.12
$566,800
4
2
1,974
Off Market
400 Mill St, Excelsior, MN 55331
0.14
$410,000
3
2
2,140
Recently Sold
499 Wheeler Dr, Excelsior, MN 55331
0.12
$475,000
3
2
1,952
Recently Sold

Local Information

  • Map ViewExplore the area around 550 Wheeler Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1957
0.28 acre lot
2,814 sqft
$173/sqft
1 Car Garage

About this House

What's unique:Clean modern feel throughoutUpdated bathroomsNewly remodeled basementQuiet well-established excelsior neighborhoodSpacious layoutWell-maintained finishes
This home has all the charm you would expect to find in the village of Excelsior. Classic architecture meets today’s style of living with an open and flexible floor plan! At the center of it all is the stunning 8-foot island kitchen—truly the heart of the home—offering ample seating. The open concept allows the dining area to easily double as a cozy family room. The kitchen features stainless appliances, stainless hood, tile backsplash that extends up to the ceiling and granite countertops. Slide open the barn door to reveal a hidden gem: a spacious butler’s pantry completes with shelving, drawer storage, and room for small appliances. In-ceiling lighting ensures light, bright spaces and the cozy gas fireplace with stone surround anchors the living room. There are two main level bedroom possibilities and two bedrooms on the upper level. Two full baths, one on the main and one on the upper, feature updated vanities and fixtures. The lower level is an unfinished blank canvas, perfect for future expansion. Step outside to the patio and fenced backyard ideal for relaxing or entertaining. When you're ready to explore, you're just a short walk from all the charm and excitement of downtown Excelsior. From Music in the Park to Apple Days, the Art Fair, and the beloved 4th of July celebration, there’s always something happening just minutes from your doorstep. Minnetonka schools too! Don’t miss this opportunity to live in this coveted Lake Minnetonka community!
550 Wheeler Dr, Excelsior, MN 55331 is a 4 bedroom, 2 bathroom, 2,814 sqft single-family home built in 1957. It last sold for $479,000 on Jun 23, 2025 (4% below the $500,000 asking price). More recently, it was listed as a rental in March 2026 with an asking price of $3,200 per month. That rental listing was removed on April 3, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $488,200, with a rent estimate of $6,646/month.
Last check for updates: about 3 hours ago
Listed by Jennifer L Morris, (952) 937-8600
Edina Realty, Inc.
Andrew Baer, (612) 296-2999
Bought with: Scott M. Hutchinson, (612) 396-0692, Re/Max Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID, MLS#6716739

Home Details for 550 Wheeler Dr

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Drain Tiled,Drainage System,Sump Pump,UnfinishedNumber of Rooms: 10Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Living Room, Patio, Unfinished, Utility Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2814 Square FeetFoundation Area: 1202
Appliances & Utilities
Appliances: Dishwasher, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliance(s), WasherDishwasherDryerLaundry: Lower Level,SinkRefrigeratorWasher
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
Electric: Circuit Breakers, 100 Amp ServiceGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: PatioFencing: Wire, WoodOther Structures: Storage ShedNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (21x10)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Attached,Asphalt,Garage Door Opener
Pool
Pool: None
Frontage
Road Frontage: City Street, CurbsResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1790 Square Feet

Days on Market

Cumulative Days on Market: 25

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: BlockNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3511723320011

Price & Status

Price
List Price: $500,000
Status Change & Dates
Off Market Date: Mon Jun 02 2025

Media

Location

Direction & Address
City: ExcelsiorCommunity: Spruce Terrace Rev
School Information
High School District: Minnetonka

Building

Building Area
Building Area: 2814 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.28 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6716739Above Grade Unfinished Area: 1790Activation Date: Thu May 08 2025

Price and Tax history

DateEventPrice
Apr 3, 2026
Source: Zillow Rentals
ListingRemoved
$3,200
Mar 22, 2026
Source: Zillow Rentals
Listed For Rent
$3,200
Jun 23, 2025
Source: NorthstarMLS as distributed by MLS GRID #6716739
Sold
$479,000
Jun 19, 2025
Source: NorthstarMLS as distributed by MLS GRID #6716739
Pending
$500,000
Jun 2, 2025
Source: NorthstarMLS as distributed by MLS GRID #6716739
ListingRemoved
$500,000

Market trends in Excelsior

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
10
2MoM

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 2026-09-22 13:08:19 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 550 Wheeler Dr

  • What is 550 Wheeler Dr estimated to be worth?
    Trulia's estimated value for 550 Wheeler Dr in Excelsior, MN is $488,200.
  • What is the price history for 550 Wheeler Dr?
    550 Wheeler Dr in Excelsior, MN last sold for $479,000 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 550 Wheeler Dr have air conditioning?
    Yes, 550 Wheeler Dr in Excelsior, MN has air conditioning.
  • Does 550 Wheeler Dr have laundry facilities?
    Yes, 550 Wheeler Dr in Excelsior, MN has in-unit laundry.

Explore by feature - Air Conditioning

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