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    • $1,850,000

    163 2nd St, Excelsior, MN 55331

    4beds
    2,633sqft
    : 
    $11,511/mo
    Get pre-qualified
    Single Family
    Built in 2026
    7,840 Square Feet Lot
    $1,805,300 Zestimate®
    $703/sqft
    $-- HOA

    What's special

    Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka. Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings. The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber. The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own. Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka. More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.
    31 days
    1,403
    43

    Zillow last checked:

    Listing updated:

    Listed by:

    Price Realty 612-502-5500,

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7126003MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13x14
      Bedroom 2
      • Level: Lower
      • Area: 154 Square Feet
      • Dimensions: 11x14
      Bedroom 3
      • Level: Lower
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Bedroom 4
      • Level: Lower
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Primary bathroom
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 11x14
      Family room
      • Level: Lower
      • Area: 315 Square Feet
      • Dimensions: 15x21
      Kitchen
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 16x13
      Laundry
      • Level: Main
      • Area: 42 Square Feet
      • Dimensions: 6x7
      Living room
      • Level: Main
      • Area: 400 Square Feet
      • Dimensions: 16x25
      Mud room
      • Level: Main
      • Area: 48 Square Feet
      • Dimensions: 6x8
      Office
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Walk in closet
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 9x8
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer
      • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
      Features
      • Basement: Finished,Full
      • Number of fireplaces: 1
      • Fireplace features: Electric, Living Room
      Interior area
      • Total structure area: 2,742
      • Total interior livable area: 2,633 sqft
      • Finished area above ground: 1,378
      • Finished area below ground: 1,255

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      • Details: Garage Dimensions (22x22), Garage Door Height (8), Garage Door Width (18)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 66 x 124 x 61 x 123
      • Features: Tree Coverage - Light
      Details
      • Foundation area: 1378
      • Parcel number: 3411723120175
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Concrete, Frame
      • Roof: Architectural Shingle
      Condition
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder name: PRICE HOMES

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Auditors Sub 135
      HOA
      • Has HOA: No
      Location
      • Region: Excelsior

      Financial & listing details

      • Price per square foot: $703/sqft
      • Tax assessed value: $628,800
      • Annual tax amount: $9,186
      • Date on market: 8/22/2026
      • Date available: 10/19/2026
      • Road surface type: Paved

        Estimated market value

        $1,805,300

        $1.72M - $1.90M

        $4,791/mo

        Price history

        DateEventPrice
        8/22/2026Listed for sale$1,850,000$703/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7126003 Report a problem
        7/12/2026Listing removed$1,850,000$703/sqft
        Source: eXp Realty #7047304 Report a problem
        4/16/2026Listed for sale$1,850,000+5.7%$703/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7047304 Report a problem
        3/13/2026Listing removed$1,750,000+265.7%$665/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6699392 Report a problem
        3/9/2026Sold$478,500-4.3%$182/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem
        8/19/2025Pending sale$499,900-71.4%$190/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem
        6/12/2025Price change$1,750,000+250.1%$665/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6699392 Report a problem
        6/12/2025Price change$499,900-73%$190/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem
        4/10/2025Price change$1,850,000+245.8%$703/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6699392 Report a problem
        4/4/2025Listed for sale$535,000+18.9%$203/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6697415 Report a problem
        2/25/2022Sold$450,000-15.1%$171/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem
        2/18/2022Pending sale$529,900$201/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem
        12/29/2021Price change$529,900-1.9%$201/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem
        11/1/2021Listed for sale$539,900$205/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6104439 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,739 +19.2%$628,800 +2.3%
        2024$7,330 +15.6%$614,400 +15.5%
        2023$6,339 $531,800 +18.2%
        2022-- $450,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55331

        Getting around

        62 / 100
        Somewhat Walkable

        Nearby schools

        GreatSchools rating

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