88 1st St, Excelsior, MN 55331
Property image
Property image
SOLD
DEC 31, 2025

$625,000

Last sold price

    88 1st St, Excelsior, MN 55331

    Refinance Your Home
    Currently Off Market - Sold Dec 31, 2025 for $625,000 (4% below list price)

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    805 Hidden Ln, Excelsior, MN
    0.67
    Lot/Land
    $1,885,000
    05/22/26
    -
    -
    5600 Shorewood Ln, Excelsior, MN
    0.83
    Lot/Land
    $270,000
    04/30/26
    -
    -
    4900 Meadville St, Greenwood, MN
    0.81
    Lot/Land
    $4,573,100
    07/07/26
    -
    -
    5880 Christmas Lake Rd, Shorewood, MN
    1.10
    Lot/Land
    $1,010,000
    03/20/26
    -
    -
    5480 Radisson Entrance, Excelsior, MN
    1.26
    Lot/Land
    $455,000
    08/07/26
    -
    -
    5000 Manitou Rd, Tonka Bay, MN
    1.30
    Lot/Land
    $280,000
    11/25/25
    -
    -
    4410 Manitou Rd, Tonka Bay, MN
    1.53
    Lot/Land
    $2,320,000
    09/15/25
    -
    -
    2940 Washta Bay Rd, Excelsior, MN
    1.70
    Lot/Land
    $280,000
    08/06/26
    -
    -
    20020 Vine St, Shorewood, MN
    1.82
    Lot/Land
    $495,000
    06/30/26
    -
    -

    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
    127 W Lake St, Excelsior, MN 55331
    0.05
    $2,702,000
    4
    3.5
    4,524
    Off Market
    44 1st St, Excelsior, MN 55331
    0.00
    -
    -
    -
    -
    Off Market
    122 1st St, Excelsior, MN 55331
    0.05
    $1,244,900
    3
    2.5
    1,902
    Off Market
    111 1st St, Excelsior, MN 55331
    0.03
    $599,900
    3
    2
    2,316
    For Sale
    6 1st St, Excelsior, MN 55331
    0.04
    $1,416,000
    3
    2.5
    2,011
    Recently Sold
    4 1st St, Excelsior, MN 55331
    0.04
    $1,279,300
    3
    2.5
    1,925
    Off Market
    29 W Lake St, Excelsior, MN 55331
    0.04
    $1,409,100
    4
    2
    3,121
    Off Market
    174 W Lake St, Excelsior, MN 55331
    0.09
    $3,906,100
    4
    4
    4,865
    Off Market
    135 1st St, Excelsior, MN 55331
    0.07
    $1,025,000
    5
    1.5
    3,021
    Recently Sold
    147 1st St, Excelsior, MN 55331
    0.09
    $725,000
    2
    1
    1,482
    Recently Sold
    185 W Lake St, Excelsior, MN 55331
    0.12
    $1,065,000
    4
    3.5
    3,444
    Recently Sold

    Local Information

    • Map ViewExplore the area around 88 1st St.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    HOA
    None

    About this House

    Rare opportunity to build a new home on one of the best available lots in the coveted Heart of Excelsior or buy and hold as an investment. This prime wide open corner lot offers expansive unobstructed views across Excelsior Commons Park with Lake Minnetonka just a few steps away and right outside the door of your future home. Enjoy all the public amenities and zero HOA fees including 2 swimming beaches, playground, tennis courts, basketball, baseball, kayaking, grilling, fishing, fireworks on the 4th, or just relax by the open firepits and relish live music at the park bandshell, plus much more. All this and located within the award-winning Minnetonka Schools and Excelsior Elementary, walking distance to historic Water Street boasting numerous shops and fine dining experiences, easy access to Lake Minnetonka LRT Reginal Trail system. In addition, Excelsior residents are eligible for boat slips or sailboat mooring buoys via the city dock program waiting list. Note the previous home has already been demolished and removed from the site saving you substantial $$$ in demolition costs. Open to any builder. Do not delay!
    88 1st St, Excelsior, MN 55331 is a lot/land. It last sold for $625,000 on Dec 31, 2025 (4% below the $649,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,751/month.
    Last check for updates: about 5 hours ago
    Listed by Lane M Hansen, (952) 261-9423
    Longhouse Realty
    Jin "Dida" Hansen, (763) 913-9174
    Bought with: Rick G Bateson, (612) 850-1916, Keller Williams Premier Realty Lake Minnetonka
    Source: NorthstarMLS as distributed by MLS GRID, MLS#6764346

    Home Details for 88 1st St

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Other Connected, Sewer Available, Water Available
    View
    Has a ViewView: Lake

    Exterior Features

    Frontage
    Waterfront: Lake View, OtherRoad Frontage: City StreetNot on Waterfront
    Farm & Range
    Frontage Length: Water Frontage: 0
    Surface & Elevation
    Topography: Level

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Included in Sale: OtherParcel Number: 2711723430022

    Price & Status

    Price
    List Price: $649,900
    Status Change & Dates
    Off Market Date: Thu Nov 06 2025

    Location

    Direction & Address
    City: Excelsior
    School Information
    High School District: Minnetonka

    Community

    Community Features: No

    HOA

    No HOA

    Lot Information

    Lot Area: 4356 sqft

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 6764346Water ViewWater View: LakeActivation Date: Wed Aug 20 2025

    Additional Information

    No

    Price and Tax history

    DateEventPrice
    Dec 31, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6764346
    		Sold
    $625,000
    Nov 7, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6764346
    		Pending
    $649,900
    Nov 6, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6764346
    		ListingRemoved
    $649,900
    Aug 1, 2025
    Source: NorthstarMLS as distributed by MLS GRID #6764346
    		Listed For Sale
    $649,900
    Sep 7, 2023
    Source: N/A
    		Sold
    $536,000

    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
    1    MoM

    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 2026-08-31 10:08:10 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 88 1st St

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