Active

$1,100,000

423 Lake St, Excelsior, MN 55331

2beds

1,101sqft

$7,412/mo

Get pre-qualified

(TH) Side x Side

Built in 1968

1.05 Acres Lot

$-- Zestimate^®

$999/sqft

$422/mo HOA

What's special

Lake out backBoat slip and dockPrivate entrance

Townhomes within this exclusive association do not come to the market often, now is your chance to be part of a thriving lake front community in the heart of downtown Excelsior. This corner unit is ready for your finishing touches - Use the winter months to elevate the interior with your style so you can focus solely on an amazing 2027 summer boating season and life on the water. The location is beyond prime - You have the lake out back which comes with a boat slip & dock and charming downtown Excelsior right out the front door with restaurants, shopping a grocery store and so much more. Also included is a covered parking space complete with storage and an assigned off street parking space. Enjoy your private entrance and the proximity to all Excelsior & Lake Minnetonka have to offer.

5 hours
206
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Upper
Area: 165 Square Feet
Dimensions: 11x15

Bedroom 2

Level: Upper
Area: 132 Square Feet
Dimensions: 11x12

Deck

Level: Main
Area: 64 Square Feet
Dimensions: 4x16

Foyer

Level: Main
Area: 84 Square Feet
Dimensions: 7x12

Kitchen

Level: Main
Area: 88 Square Feet
Dimensions: 8x11

Laundry

Level: Upper
Area: 16 Square Feet
Dimensions: 4x4

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
Laundry: In Unit, Upper Level

Features

Basement: None
Number of fireplaces: 1
Fireplace features: Gas, Living Room

Interior area

Total structure area: 1,194
Total interior livable area: 1,101 sqft
Finished area above ground: 1,101
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Assigned, Carport, Covered, Detached Garage, Parking Lot
Garage spaces: 1
Has carport: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Deck, Rear Porch
Pool features: None
Fencing: None
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front

Lot

Size: 1.05 Acres
Features: Accessible Shoreline, Tree Coverage - Medium

Details

Foundation area: 545
Parcel number: 3411723110098
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: Townhouse
Property subtype: (TH) Side x Side
Attached to another structure: Yes

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1968

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Condo 0003 Bay Shore Manor

HOA

Has HOA: Yes
Amenities included: Common Garden, In-Ground Sprinkler System
Services included: Maintenance Structure, Controlled Access, Dock, Lawn Care, Maintenance Grounds, Parking, Sanitation, Shared Amenities, Snow Removal
HOA fee: $422 monthly
HOA name: Bay Shore Condominiums
HOA phone: 602-430-7150

Location

Region: Excelsior

Financial & listing details

Price per square foot: $999/sqft
Tax assessed value: $1,095,300
Annual tax amount: $11,045
Date on market: 10/27/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,710/mo

Price history

Date	Event	Price
10/27/2026	Listed for sale	$1,100,000+2.3%$999/sqft
Source: NorthstarMLS as distributed by MLS GRID #7164580 Report a problem
10/6/2026	Listing removed	--
Source: Owner Report a problem
10/2/2026	Listed for sale	$1,075,000+726.9%$976/sqft
Source: Owner Report a problem
4/15/1997	Sold	$130,000$118/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$11,045 +3.1%	$1,095,300 +30.9%
2025	$10,713 +7.2%	$836,600 +0.4%
2024	$9,995 +5.8%	$833,300 +3.6%
2023	$9,449 +50.5%	$804,100 +7.4%
2022	$6,280 +8%	$749,000 +55.4%
2021	$5,816 +0.4%	$482,000 +7.8%
2020	$5,791 -0.4%	$447,000 +3.7%
2019	$5,816 +0.4%	$431,000 +0.5%
2018	$5,791 +4.3%	$429,000 +12.6%
2017	$5,550 +6.6%	$381,000 +1.3%
2016	$5,208 -0.9%	$376,000 +15.9%
2015	$5,257 +14.2%	$324,300 +13%
2014	$4,603 +0.8%	$287,000 -7.4%
2013	$4,565 -6.1%	$310,000 -10.4%
2012	$4,860 +17.1%	$346,000 +13.1%
2011	$4,149 -11.3%	$306,000 -20.3%
2010	$4,679 +7.3%	$384,000 +1.2%
2009	$4,361 +41.2%	$379,600 +52%
2006	$3,087 +15.7%	$249,700 +21.8%
2005	$2,669 +10.1%	$205,000 +16.2%
2004	$2,424 +3.6%	$176,400 +12%
2002	$2,339 -37.8%	$157,500
2001	$3,759	--