603 Lake St #307, Excelsior, MN 55331
Property image
Property image
FOR SALE

$1,350,000

  • 3 Beds
  • 2 Baths
  • 2,036 sqft

603 Lake St #307, Excelsior, MN 55331

Est. Mortgage $10,221/mo*
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Home Highlights

Condo
Built in 1981
$663/sqft
2 Car Garage
HOA $1,521/mo

Local Information

  • Map ViewExplore the area around 603 Lake St #307.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Maintenance free Lake Minnetonka! Beautiful 2-3 bed, 2-bath condominium in Excelsior Bay Gables—one of the largest units in the community and set in an exceptional lakeside location. This spacious home features a large living room with a vaulted ceiling, stunning wood-burning fireplace, and gorgeous views of Lake Minnetonka. Enjoy lake breezes from the private balcony, accessible from both the living room and the primary bedroom suite.
The light and bright kitchen flows into the formal dining room, which opens to the expansive living room for easy entertaining. A spacious in-unit laundry room provides abundant storage and cabinetry.
The generous primary suite includes a big walk-in closet and a large private bathroom. The second bedroom offers great flexibility with two closets. An upper-level loft/bonus room overlooks the living room—perfect for an office, 3rd bedroom, lounge, or flex space. An additional room down the hall can serve as storage, an office, or a guest space. Community amenities include an outdoor heated pool, tennis courts, indoor hot tub and sauna, exercise room, two parking spaces in the heated garage, and available boat slips for an additional fee. Unbeatable location near Excelsior—just steps from Maynard’s, Port of Excelsior, Excelsior Commons, and scenic views of Excelsior Bay. Convenient access to Hwy 7 makes everyday living effortless. The perfect way to enjoy lakeside living near Excelsior.
Last check for updates: 34 minutes ago
Listing courtesy of Margaret P Trenary, (612) 554-0902
Trenary Realty Group
Source: NorthstarMLS as distributed by MLS GRID, MLS#7143535
Also Listed on NorthstarMLS as distributed by MLS GRID.

Home Details for 603 Lake St #307

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 11Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Primary Bathroom, Bathroom, Dining Room, Foyer, Kitchen, Living Room, Walk In Closet
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2036 Square FeetFoundation Area: 2036
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: Electric Dryer Hookup,Laundry Closet,Laundry Room,Main Level,Sink,In Unit,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living Room, Wood BurningSpa: Hot TubHas a FireplaceHas a Spa
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: Modified Two StoryAccessibility: Accessible Elevator Installed
View
Has a ViewView: Lake, Panoramic
Security
Security: Fire Sprinkler System, Security Lights

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years AsphaltPatio / Porch: Covered, Deck, ScreenedOther Structures: SaunaHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Assigned,Attached,Asphalt,Garage,Garage Door Opener,Guest,Heated Garage,Insulated Garage,Storage,Tuckunder Garage,Underground
Pool
Pool: In Ground, Heated, Outdoor Pool, SharedPool
Frontage
WaterfrontWaterfront: Association Access, Dock, Lake Front, Lake ViewRoad Frontage: City Street, Curbs, Sidewalks, Street LightsResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 2036 Square Feet

Days on Market

Days on Market: 3

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: ResidentialProperty Subtype: (CC) Low Rise (3- Levels)
Building
Not a New ConstructionAttached To Another StructureHas Additional Parcels
Property Information
Parcel Number: 3511723220074Additional Parcels Description: 3511723220145, 3511723220143

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $663

Location

Direction & Address
City: ExcelsiorCommunity: Condo 0344 Excelsior Bay Gables
School Information
High School District: Minnetonka

Agent Information

Listing Agent
Listing ID: 7143535

Building

Building Area
Building Area: 2036 Square Feet

HOA

HOA Fee Includes: Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security Staff, Sewer, Shared Amenities, Snow Removal, WaterHOA Name: First Service ResidentialHOA Phone: 952-277-2700Has an HOAHOA Fee: $1,521/Monthly

Offer

Contingencies: None

Miscellaneous

Mls Number: 7143535Water ViewWater View: LakeAbove Grade Unfinished Area: 2036Activation Date: Sat Sep 19 2026

Additional Information

HOA Amenities: Boat Slip,Deck,Boat Dock,Elevator(s),Fire Sprinkler System,Spa/Hot Tub,In-Ground Sprinkler System,Lobby Entrance,Patio,Sauna,Security Building,Security Lighting,Tennis Court(s)

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

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

Home Value

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 +65% in the last 10 years
MonthEstimated value
2026
September 2026$1.28M
March 2026$1.24M
February 2026$1.21M
January 2026$1.21M
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
603 Lake St #214, Excelsior, MN
0.03
Condo
$1,250,000
01/23/26
2
2
1,483
603 Lake St #215, Excelsior, MN
0.01
Condo
$975,000
08/14/26
2
2
1,669
411 Lake St, Excelsior, MN
0.12
Condo
$1,200,000
08/10/26
2
1
1,050
21957 Minnetonka Blvd #15, Greenwood, MN
0.33
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
3.40
Condo
$270,000
05/22/26
3
2
1,347
1321 Lake Dr #302, Chanhassen, MN
3.44
Condo
$245,000
06/01/26
3
2
1,294
1331 Lake Dr #A213, Chanhassen, MN
3.47
Condo
$280,000
04/30/26
3
2
1,258

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
603 Lake St #308, Excelsior, MN 55331
0.00
$1,081,700
2
2
1,770
Off Market
603 Lake St #118, Excelsior, MN 55331
0.01
$1,303,800
2
2
1,932
Off Market
603 Lake St #215, Excelsior, MN 55331
0.01
$975,000
2
2
1,669
Recently Sold
603 Lake St #214, Excelsior, MN 55331
0.03
$1,250,000
2
2
1,483
Recently Sold
511 2nd St #3, Excelsior, MN 55331
0.07
$2,150,000
3
3.5
2,552
For Sale
511 2nd St #2, Excelsior, MN 55331
0.07
$1,390,700
2
2.5
1,968
Off Market
511 2nd St #1, Excelsior, MN 55331
0.08
$1,565,200
3
2.5
2,552
Off Market
511 2nd St #4, Excelsior, MN 55331
0.08
$1,390,300
2
2.5
1,968
Off Market
203 Mill St #N202, Excelsior, MN 55331
0.09
$1,195,000
3
2.5
2,273
For Sale
203 Mill Street, Excelsior, MN 55331
0.09
$895,100
2
1.5
1,784
Off Market
203 Mill St #N102, Excelsior, MN 55331
0.09
$913,100
2
2
1,784
Off Market

Price and Tax history

DateEventPrice
Sep 19, 2026
Source: NorthstarMLS as distributed by MLS GRID #7143535
Listed For Sale
$1,350,000
May 4, 2026
Source: NorthstarMLS as distributed by MLS GRID #7061642
Sold
$1,275,000
Jul 17, 2024
Source: NorthstarMLS as distributed by MLS GRID #6556036
ListingRemoved
Jun 24, 2024
Source: NorthstarMLS as distributed by MLS GRID #6556036
Listed For Rent
$4,200
Jun 24, 2024
Source: Zillow Rentals
ListingRemoved

LGBTQ Local Legal Protections

Margaret P Trenary, Trenary Realty Group
Agent Phone: (612) 554-0902
Based on information submitted to the MLS GRID as of 2026-09-20 14:58:00 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

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Frequently asked questions about 603 Lake St #307

  • What is the estimated monthly payment for 603 Lake St #307?
    Based on a $1,350,000 list price with 20% down at today's rates, the estimated monthly payment for 603 Lake St #307 in Excelsior, MN is approximately $8,758 (about $7,367 principal & interest, $1,316 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 603 Lake St #307?
    The closest schools to 603 Lake St #307 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 603 Lake St #307 have air conditioning?
    Yes, 603 Lake St #307 in Excelsior, MN has air conditioning.
  • Does 603 Lake St #307 have a pool?
    Yes, 603 Lake St #307 in Excelsior, MN has a pool.
  • Does 603 Lake St #307 have laundry facilities?
    Yes, 603 Lake St #307 in Excelsior, MN has in-unit laundry.
603 Lake St #307, Excelsior, MN 55331 is a 3 bedroom, 2 bathroom, 2,036 sqft condo built in 1981. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Sep 17, 2026. The MLS # for this home is MLS# 7143535.