Welcome to 2509 Kelly Avenue – a truly remarkable lakefront retreat on the shores of Lake Minnetonka. This exclusive property boasts an extraordinary 260' of lake shore on Carmen Bay allowing for lake views from almost every room. Walk in and immediately observe light-filled spaces with vaulted ceilings and custom built-ins. Formal living and dining area plus multi-level deck, patio, outdoor fire place and screened porch are great for entertaining inside and out. Enjoy a private primary suite complete with generous walk in closet, full bathroom and lake views. Near the primary you'll find a large office with plentiful storage and en suite bathroom. The kitchen with stainless steel appliances, ample cabinet space, and eat-in kitchen walks out to the deck. Additional bedrooms are separate from primary wing. Lower level holds second living space, second kitchen/bar area and sport court. Major addition in 1992 and continually updated. Dock and canopy included in the sale of home.
Closed
$3,150,000
2509 Kelly Ave, Excelsior, MN 55331
4beds
6,456sqft
Single Family Residence
Built in 1977
1.18 Acres Lot
$3,850,200 Zestimate®
$488/sqft
$5,127 Estimated rent
Home value
$3,850,200
$3.35M - $4.47M
$5,127/mo
Zestimate® history
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$16,388/mo
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List your homeWhat's special
Outdoor fire placePrivate primary suiteGenerous walk in closetCustom built-insLake viewsDining areaLarge office
Zillow last checked:
Listing updated:
Listed by:
Elizabeth C Ulrich 612-964-7184,
Compass,
Chelsey Danielson 612-327-1193
Bought with:
Stacia Bank
Trenary Realty Group
Margaret P Trenary
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6400291
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 3
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 391 Square Feet
- Dimensions: 23x17
Bedroom 2
- Level: Upper
- Area: 260 Square Feet
- Dimensions: 20x13
Bedroom 3
- Level: Lower
- Area: 288 Square Feet
- Dimensions: 18x16
Bedroom 4
- Level: Lower
- Area: 270 Square Feet
- Dimensions: 15x18
Other
- Level: Lower
- Area: 575 Square Feet
- Dimensions: 25x23
Dining room
- Level: Main
- Area: 345 Square Feet
- Dimensions: 15x23
Family room
- Level: Lower
- Area: 616 Square Feet
- Dimensions: 28x22
Kitchen
- Level: Main
- Area: 378 Square Feet
- Dimensions: 21x18
Kitchen 2nd
- Level: Lower
- Area: 165 Square Feet
- Dimensions: 15x11
Living room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Living room
- Level: Main
- Area: 667 Square Feet
- Dimensions: 29x23
Office
- Level: Upper
- Area: 270 Square Feet
- Dimensions: 15x18
Screened porch
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Other
- Level: Lower
- Area: 84 Square Feet
- Dimensions: 7x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliance(s), Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Basement: Block,Daylight,Drain Tiled,Finished,Full,Storage/Locker,Storage Space,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 6,456
- Total interior livable area: 6,456 sqft
- Finished area above ground: 5,881
- Finished area below ground: 575
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Electric, Electric Vehicle Charging Station(s), Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (36x26)
Accessibility
- Accessibility features: None
Features
- Levels: Four or More Level Split
- Patio & porch: Covered, Deck, Enclosed, Screened, Side Porch
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 260
Lot
- Size: 1.18 Acres
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Foundation area: 2502
- Parcel number: 2011723120037
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: 200+ Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Registered Land Surv 1426 Trac
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2023 | Sold | $3,150,000-7.4%$488/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6400291 Report a problem | ||
| 10/20/2023 | Pending sale | $3,400,000$527/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6400291 Report a problem | ||
| 8/21/2023 | Price change | $3,400,000-5.4%$527/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6400291 Report a problem | ||
| 7/25/2023 | Listed for sale | $3,595,000$557/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6400291 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,260 +12.9% | $3,196,600 +4.1% |
| 2024 | $29,455 +24.8% | $3,070,700 +8.4% |
| 2023 | $23,609 +17.9% | $2,833,400 +17.4% |
| 2022 | $20,020 +0.5% | $2,413,000 +32.4% |
| 2021 | $19,928 -0.6% | $1,823,000 +1.7% |
| 2020 | $20,052 +0.6% | $1,793,000 +5.5% |
| 2019 | $19,928 -0.6% | $1,700,000 +0.4% |
| 2018 | $20,052 -0.9% | $1,693,000 +4.1% |
| 2017 | $20,237 +0.7% | $1,627,000 +9.2% |
| 2016 | $20,093 +9.2% | $1,490,000 +2.3% |
| 2015 | $18,396 +0.1% | $1,457,000 +2.8% |
| 2014 | $18,369 -4.2% | $1,418,000 -5.2% |
| 2013 | $19,182 +0.6% | $1,495,000 -3.2% |
| 2012 | $19,062 -6.5% | $1,545,000 -16.2% |
| 2011 | $20,385 +5.6% | $1,844,000 -3.7% |
| 2010 | $19,301 +5.2% | $1,915,000 -0.6% |
| 2009 | $18,343 +18.7% | $1,926,000 +27.1% |
| 2006 | $15,455 +5.1% | $1,514,800 +15% |
| 2005 | $14,703 +13.4% | $1,317,300 +15% |
| 2004 | $12,962 -0.8% | $1,145,500 +12% |
| 2002 | $13,069 -33.7% | $1,022,800 |
| 2001 | $19,718 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 2.2 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 2.9 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 3.4 mi
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Estimated market value
$3,850,200
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Estimated market value
$3,850,200
- Minnesota
- Hennepin County
- Orono
- 55331
- 2509 Kelly Ave
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