Welcome to the Excelsior's Timber Manor,
A rare and meticulously maintained estate nestled in the prestigious Lake Lucy Highlands.
Held by its original owners since its completion in 1987, this timber-frame masterpiece represents a perfect marriage of rustic craftsmanship and modern luxury, all set on a sprawling 2.5-acre wooded lot just steps from the shores of Lake Lucy.
The home invites you to experience the warmth of authentic post-and-beam construction, where the main level welcomes you with soaring vaulted ceilings, natural woodwork, and an abundance of light through expansive windows that bring the forest inside.
At the heart of the home is a gourmet kitchen that is a true chef’s delight, featuring a center island, high-end stainless steel appliances, and a convenient walk-in pantry. This kitchen carries a unique legacy, having hosted countless Society of Amateur Chefs test dinners and charity events prepared by its resident Honorary Old Goat Chef.
Nearby, the convenient main-floor primary suite serves as a private sanctuary, complete with an ensuite bath, a spacious walk-in closet, and a private seating room—perfect for a home office or fitness area—that walks out directly to the deck.
The living spaces are designed for comfort and connection, allowing you to cozy up by the two-story fieldstone wood-burning fireplace located in the formal living room and gas burning one in the lower-level family room.
The layout includes thoughtful additions such as guest upstairs quarters with a full bathroom, a dedicated home office, a sun-drenched three-season porch, and a spacious upper-level loft perfect for a library or creative studio.
Below, the fully finished walk-out basement expands the living space significantly, designed for recreation with a dedicated billiard room, two additional large bedrooms, a private office, and easy access to the lower-level patio and lush backyard.
Privacy is paramount on this 2.5-acre retreat, characterized by a private entrance leading you to a dramatic circular driveway and its center island with water garden feature, convenient oversized three-car garage and generous tree coverage that offers a secluded sanctuary within the vibrant Excelsior community.
You can relax on the large deck overlooking the woods and the water garden river or enjoy the hot tub after a long day, all with the peace of mind that comes from a pre-inspected home featuring a newer roof.
Situated in a dynamite location within the award-winning Minnetonka School District, you are just minutes away from the charming shops and dining of downtown Excelsior, the beauty of Lake Minnetonka, and various regional parks and trails.
Pride of ownership throughout every square inch in and out!
Pre-inspected before market with full inspection report available.
See supplements for the property's list of improvements and upgrades, floorplans, 3D virtual walkthough, video, timber frame craft construction details and pre-inspection report
Pending
$1,485,000
1655 Lake Lucy Rd, Excelsior, MN 55331
4beds
4,565sqft
Single Family
Built in 1987
2.49 Acres Lot
$1,437,100 Zestimate®
$325/sqft
$-- HOA
What's special
- 44 days |
- 884 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Stephane Andre Cattelin 612-703-8229,
Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7022270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16 x 16
Bedroom 2
- Level: Upper
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom 3
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 15 x 16
Bedroom 4
- Level: Lower
- Area: 225 Square Feet
- Dimensions: 15 x 15
Primary bathroom
- Level: Main
- Area: 88 Square Feet
- Dimensions: 08 x 11
Bathroom
- Level: Upper
- Area: 56 Square Feet
- Dimensions: 07 x 08
Bathroom
- Level: Lower
- Area: 84 Square Feet
- Dimensions: 07 x 12
Other
- Level: Lower
- Area: 368 Square Feet
- Dimensions: 23 x 16
Deck
- Level: Main
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15 x 11
Family room
- Level: Lower
- Area: 280 Square Feet
- Dimensions: 20 x 14
Foyer
- Level: Main
- Area: 49 Square Feet
- Dimensions: 07 x 07
Kitchen
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17 x 11
Living room
- Level: Main
- Area: 368 Square Feet
- Dimensions: 23 x 16
Loft
- Level: Upper
- Area: 407 Square Feet
- Dimensions: 37 x 11
Mud room
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11 x 08
Office
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16 x 10
Office
- Level: Lower
- Area: 160 Square Feet
- Dimensions: 10 x 16
Other
- Level: Main
- Area: 24 Square Feet
- Dimensions: 04 x 06
Patio
- Level: Lower
Storage
- Level: Lower
- Area: 63 Square Feet
- Dimensions: 09 x 07
Sun room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14 x 11
Walk in closet
- Level: Main
- Area: 64 Square Feet
- Dimensions: 08 x 08
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Full,Sump Pump,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas, Living Room, Wood Burning
Interior area
- Total structure area: 4,565
- Total interior livable area: 4,565 sqft
- Finished area above ground: 2,825
- Finished area below ground: 1,740
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Floor Drain, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (26 x 41)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Composite Decking, Deck, Front Porch, Glass Enclosed, Rear Porch, Screened
- Fencing: None
Lot
- Size: 2.49 Acres
- Features: Tree Coverage - Heavy
- Topography: Walkout,Wooded
Details
- Foundation area: 1740
- Parcel number: 254070140
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Post and Beam, Frame
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Natural Gas
- Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Water: Well
Community & HOA
Community
- Subdivision: Lake Lucy Highlands
HOA
- Has HOA: No
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $800,600
- Annual tax amount: $7,828
- Date on market: 5/1/2026
- Cumulative days on market: 38 days
Estimated market value
$1,437,100
$1.37M - $1.51M
$4,560/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Pending sale | $1,485,000$325/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7022270 Report a problem | ||
| 5/8/2026 | Listed for sale | $1,485,000$325/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7022270 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,828 +2.8% | $800,600 +14.8% |
| 2024 | $7,612 +4% | $697,400 |
| 2023 | $7,322 +8.6% | $697,400 +3% |
| 2022 | $6,742 +5.3% | $676,900 +18.4% |
| 2021 | $6,400 -2% | $571,900 +5.8% |
| 2020 | $6,528 +8.3% | $540,500 |
| 2019 | $6,028 | $540,500 +9.3% |
| 2017 | $6,028 +82% | $494,400 -6.3% |
| 2016 | $3,312 | $527,800 +4.2% |
| 2015 | $3,312 -47.5% | $506,700 +6.7% |
| 2014 | $6,304 +3.4% | $475,100 |
| 2013 | $6,096 +3.2% | $475,100 +3.1% |
| 2012 | $5,906 +0.3% | $460,700 -1.7% |
| 2011 | $5,890 +6.7% | $468,600 |
| 2010 | $5,518 +0.8% | -- |
| 2009 | $5,474 -3.6% | $507,100 -2.5% |
| 2008 | $5,676 | $519,900 +2% |
| 2007 | -- | $509,824 +15.4% |
| 2005 | -- | $441,633 +1.5% |
| 2004 | -- | $435,168 |
| 2002 | -- | -- |
| 2001 | $6,365 -7.6% | -- |
| 2000 | $6,887 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Excelsior Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Carver County
- Chanhassen
- 55331
- 1655 Lake Lucy Rd
Nearby cities
Nearby zip codes
Other Chanhassen Topics
