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

88 1st St
Excelsior, MN 55331

    $625,000

    Last Sold: Dec 31, 2025
    4% below list $650K
    Est. Refi. Payment $3,769/mo*
    Refinance Your Home

    $625,000

    Last Sold: Dec 31, 2025
    4% below list $650K
    Est. Refi. Payment $3,769/mo*
    Refinance Your Home

    Homes for sale near 88 1st St

    Skip to last item
    Skip to first item

    Apartments for Rent

    Skip to last item
    Skip to first item

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    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!
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 02, 2026

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    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
    Last check for updates: about 6 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

    Price History for 88 1st St

    DatePriceEventSource
    12/31/2025$625,000Sold
    NorthstarMLS as distributed by MLS GRID #6764346
    11/07/2025$649,900PendingNorthstarMLS as distributed by MLS GRID #6764346
    11/06/2025$649,900ListingRemovedNorthstarMLS as distributed by MLS GRID #6764346
    08/01/2025$649,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6764346
    09/07/2023$536,000Sold
    N/A
    03/24/2021ListingRemovedN/A
    11/08/2019$500,000Sold
    N/A
    09/27/2019$525,000Listed For SaleN/A
    03/21/2018$308,180ListingRemovedAgent Provided
    02/08/2018$375,000Sold
    N/A
    11/18/2017$0Listed For SaleAgent Provided
    Skip to last item
    • Results are loading
    Skip to first item

    Property Tax and Assessment

    Year2025
    Tax$7,561
    Assessment$543,700
    Home facts updated by county records

    Comparable Sales for 88 1st St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    5600 Shorewood Ln, Excelsior, MN
    0.83
    Lot/Land
    $270,000
    04/30/26
    -
    -
    6184 Cardinal Ave, Excelsior, MN
    1.08
    Lot/Land
    $531,500
    07/25/25
    -
    -
    6175 Cardinal Ave, Excelsior, MN
    1.10
    Lot/Land
    $490,000
    05/30/25
    -
    -
    5880 Christmas Lake Rd, Shorewood, MN
    1.10
    Lot/Land
    $1,010,000
    03/20/26
    -
    -
    5000 Manitou Rd, Tonka Bay, MN
    1.30
    Lot/Land
    $280,000
    11/25/25
    -
    -
    4774 Manitou Rd, Tonka Bay, MN
    1.28
    Lot/Land
    $2,096,500
    05/13/25
    -
    -
    4410 Manitou Rd, Tonka Bay, MN
    1.53
    Lot/Land
    $2,320,000
    09/15/25
    -
    -
    6528 Peaceful Ln, Chanhassen, MN
    1.81
    Lot/Land
    $489,000
    04/29/26
    -
    -

    Assigned Schools

    These are the assigned schools for 88 1st St.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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

    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 2026-05-09 18:28:18 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

    Homes for rent near 88 1st St

    Skip to last item
    • Results are loading
    Skip to first item

    Off Market Homes Near 88 1st St

    Skip to last item
    Skip to first item

    Explore by feature

    88 1st St, Excelsior, MN 55331 is a lot/land. This property is not currently available for sale. 88 1st St was last sold on Dec 31, 2025 for $625,000 (4% lower than the asking price of $649,900).