A rare opportunity to reimagine, renovate, or build new in one of Excelsior’s most sought-after locations. Positioned just one street from the Port of Excelsior with stunning lake views and the shores of Lake Minnetonka just steps away, the setting alone makes this an exceptional offering.
The property offers incredible flexibility whether you choose to bring your own vision to life, move forward with the fully approved proposed plans, or start fresh with a custom new build tailored to your exact specifications.
The current residence features a functional 4-bed, 3-bath layout with hardwood floors, abundant natural light, spacious living areas, and walkout access to back deck. A main-level bedroom paired with a nearby full bathroom offers added convenience and flexibility for guests, office space, or everyday living.
Upstairs includes three bedrooms plus a flexible den/office space, while the walkout lower level adds additional living space, 3/4 bathroom, and storage versatility.
An easement has already been secured for a future driveway and garage addition, significantly enhancing both value and usability!
What truly sets this property apart is the extensive redevelopment groundwork already completed. Fully approved plans, variances, design review, architectural drawings, MEP plans, and curated finish selections are included if desired, creating a streamlined, permit-ready opportunity in a premier Excelsior setting!
Closed
$780,000
35 Center St, Excelsior, MN 55331
4beds
1,531sqft
Single Family
Built in 1920
8,712 Square Feet Lot
$779,500 Zestimate®
$509/sqft
$4,716 Estimated rent
Home value
$779,500
$741,000 - $818,000
$4,716/mo
Zestimate® history
Owner options
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$4,716/mo
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$4,716/mo
Rent Zestimate®
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$4,987/mo
Est. payment
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$4,987/mo
Est. payment
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List your homeWhat's special
Hardwood floorsStunning lake viewsAbundant natural lightStorage versatility
Zillow last checked:
Listing updated:
Listed by:
Cody Gladu 619-733-6660,
eXp Realty,
Desrochers Realty Group 612-688-7024
Bought with:
Judith A Shields
Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7057500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 X 10
Bedroom 2
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15 X 11
Bedroom 3
- Level: Upper
- Area: 135 Square Feet
- Dimensions: 15 X 9
Bedroom 4
- Level: Upper
- Area: 154 Square Feet
- Dimensions: 14 X 11
Dining room
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9 X 8
Kitchen
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15 X 10
Living room
- Level: Main
- Area: 297 Square Feet
- Dimensions: 27 X 11
Office
- Level: Upper
- Area: 55 Square Feet
- Dimensions: 11 X 5
Sun room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 22 X 8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Chandelier, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Lower Level, Sink
Features
- Basement: Full,Unfinished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Brick, Wood Burning
Interior area
- Total structure area: 2,421
- Total interior livable area: 1,531 sqft
- Finished area above ground: 1,531
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 8,712 Square Feet
- Dimensions: 50 x 177
- Features: Irregular Lot
Details
- Foundation area: 806
- Parcel number: 3411723110048
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- 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: $509/sqft
- Tax assessed value: $755,000
- Annual tax amount: $9,430
- Date on market: 5/8/2026
- Cumulative days on market: 28 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $780,000-1.9%$509/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7057500 Report a problem | ||
| 6/5/2026 | Pending sale | $795,000$519/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7057500 Report a problem | ||
| 5/20/2026 | Price change | $795,000-3.6%$519/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7057500 Report a problem | ||
| 5/8/2026 | Listed for sale | $825,000+5.9%$539/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7057500 Report a problem | ||
| 9/3/2025 | Sold | $778,750-1.3%$509/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6764408 Report a problem | ||
| 8/10/2025 | Pending sale | $789,375$516/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6764408 Report a problem | ||
| 8/1/2025 | Listed for sale | $789,375+26.3%$516/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6764408 Report a problem | ||
| 6/7/2025 | Listing removed | $3,550$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/20/2025 | Listed for rent | $3,550$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/22/2024 | Sold | $625,000$408/sqft |
Source: Public Record Report a problem | ||
| 7/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/29/2024 | Listed for rent | $3,550+7.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/16/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/9/2023 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/14/2022 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/25/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/6/2021 | Listed for rent | $3,300+57.1%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/1/2021 | Sold | $625,000$408/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5768525 Report a problem | ||
| 8/17/2021 | Pending sale | $625,000$408/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5768525 Report a problem | ||
| 6/23/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5768525 Report a problem | ||
| 6/10/2021 | Listed for sale | $625,000+1%$408/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5768525 Report a problem | ||
| 6/2/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/26/2021 | Price change | $619,000-8.8%$404/sqft |
Source: Owner Report a problem | ||
| 5/13/2021 | Price change | $679,000-1.5%$444/sqft |
Source: Owner Report a problem | ||
| 5/5/2021 | Price change | $689,000-5%$450/sqft |
Source: Owner Report a problem | ||
| 4/25/2021 | Listed for sale | $725,000+302.8%$474/sqft |
Source: Owner Report a problem | ||
| 1/14/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/27/2020 | Listing removed | $2,100$1/sqft |
Source: Owner Report a problem | ||
| 10/23/1998 | Sold | $180,000$118/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,430 +35.2% | $755,000 +1.6% |
| 2024 | $6,976 +18.1% | $743,100 +27% |
| 2023 | $5,905 -6.4% | $585,000 +17.7% |
| 2022 | $6,306 +2.3% | $497,000 +2.7% |
| 2021 | $6,167 -0.9% | $484,000 +2.1% |
| 2020 | $6,221 +0.9% | $474,000 +2.4% |
| 2019 | $6,167 -0.9% | $463,000 +8.4% |
| 2018 | $6,221 +6% | $427,000 +7.3% |
| 2017 | $5,871 +8.2% | $398,000 -0.5% |
| 2016 | $5,425 -2.8% | $400,000 +1% |
| 2015 | $5,580 -0.4% | $396,000 +34.7% |
| 2014 | $5,602 +38.7% | $294,000 +3.5% |
| 2013 | $4,039 -6.8% | $284,000 -10.1% |
| 2012 | $4,334 -4.3% | $316,000 -6.8% |
| 2011 | $4,529 +2.8% | $339,000 -7.1% |
| 2010 | $4,404 +4.9% | $365,000 -1.1% |
| 2009 | $4,199 +26.7% | $369,000 +32.8% |
| 2006 | $3,314 +10.7% | $277,900 +15% |
| 2005 | $2,992 +15.5% | $241,700 +19.5% |
| 2004 | $2,590 +5.5% | $202,300 +12.8% |
| 2002 | $2,454 -38.7% | $179,400 |
| 2001 | $4,002 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby homes
- $734,6003 bd1 ba1k sqft25 Center St, Excelsior, MN 55331Off Market
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- $929,3004 bd2 ba2k sqft1 Center St, Excelsior, MN 55331Off Market
Nearby schools
GreatSchools rating
- 10/10Excelsior Elementary SchoolGrades: K-5Distance: 0.4 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$779,500
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Estimated market value
$779,500
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 35 Center St
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