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Active
    • Price cut: $125K (7/27)
    $2,150,000

    511 2nd St #3, Excelsior, MN 55331

    3beds
    2,552sqft
    : 
    $14,687/mo
    Get pre-qualified
    (CC) Low Rise (3- Levels)
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $842/sqft
    $1,869/mo HOA

    What's special

    Welcome to Lake House #3, an exceptional luxury residence in the heart of Excelsior, just moments from the shores of Lake Minnetonka. Designed for effortless, turn-key living, this stunning condominium blends refined craftsmanship with elevated modern design. The home showcases impeccable finishes throughout, including wide-plank hardwood floors, custom cabinetry, and striking 9.5-foot coffered ceilings. The gourmet kitchen is a true centerpiece, featuring Thermador stainless steel appliances, a quartz waterfall-edge island, and a walk-in pantry with custom organizational shelving. A stylish wet bar with a dual-zone beverage center enhances the home’s entertaining appeal. Seamless indoor-outdoor living is achieved with a dramatic 12-foot accordion door that opens to a lakeside three-season porch with a wood-paneled ceiling, gas fireplace, and breathtaking 180-degree views. The luxurious primary suite offers a spacious walk-in closet with in-unit laundry, along with a spa-like bath featuring heated floors, dual vanities, a soaking tub, and a separate walk-in shower. Each additional bedroom includes its own en-suite bath and custom closet system. Thoughtful conveniences continue with three heated garage stalls, EV charging capability, and ample storage. Enjoy unparalleled walkability to Excelsior’s vibrant dining, shopping, and year-round community events, along with nearby attractions like the Excelsior Commons and regional trails.
    66 days
    |
    752
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth C Ulrich 612-964-7184,

    Compass,

    Michael B Steadman 612-296-0900

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7038770MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 270 Square Feet
      • Dimensions: 18x15
      Bedroom 2
      • Level: Main
      • Area: 198 Square Feet
      • Dimensions: 18x11
      Bedroom 3
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Deck
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 18x10
      Deck
      • Level: Main
      • Area: 220 Square Feet
      • Dimensions: 5x44
      Dining room
      • Level: Main
      • Area: 104 Square Feet
      • Dimensions: 13x8
      Kitchen
      • Level: Main
      • Area: 330 Square Feet
      • Dimensions: 15x22
      Living room
      • Level: Main
      • Area: 312 Square Feet
      • Dimensions: 24x13
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Stainless Steel Appliance(s), Wall Oven, Washer, Wine Cooler
      • Laundry: Main Level, In Unit
      Features
      • Basement: None
      • Number of fireplaces: 2
      • Fireplace features: Gas, Living Room, Other
      Interior area
      • Total structure area: 2,552
      • Total interior livable area: 2,552 sqft
      • Finished area above ground: 2,552
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, Guest, Heated Garage, Garage, Secured, Shared Garage/Stall, Storage, Tuckunder Garage
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions (0x0)
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck
      Lot
      • Size: 8,450 Square Feet
      Details
      • Foundation area: 2552
      • Parcel number: 3511723220195
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: (CC) Low Rise (3- Levels)
      • Attached to another structure: Yes
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Secured Garage/Parking
      HOA
      • Has HOA: Yes
      • Amenities included: Elevator(s), Lobby Entrance, Other
      • Services included: Internet, Other, Parking, Sanitation, Shared Amenities
      • HOA fee: $1,869 monthly
      • HOA name: Pending
      • HOA phone: 612-296-0900
      Location
      • Region: Excelsior

      Financial & listing details

      • Price per square foot: $842/sqft
      • Annual tax amount: $28,041
      • Date on market: 6/3/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/27/2026Price change$2,150,000-5.5%$842/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7038770 Report a problem
        6/10/2026Listed for sale$2,275,000+4.6%$891/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7038770 Report a problem
        8/26/2025Listing removed$8,900$3/sqft
        Source: Zillow Rentals Report a problem
        7/29/2025Listed for rent$8,900$3/sqft
        Source: Zillow Rentals Report a problem
        7/11/2025Listing removed$2,175,000$852/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6679768 Report a problem
        5/21/2025Price change$2,175,000-4.4%$852/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6679768 Report a problem
        3/14/2025Listed for sale$2,275,000-3.2%$891/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6679768 Report a problem
        7/29/2024Listing removed$2,350,000$921/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem
        5/4/2024Listed for sale$2,350,000$921/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem
        4/24/2024Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem
        4/8/2024Listed for sale$2,350,000$921/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem
        3/26/2024Listing removed--
        Source: FMARMLS #6488966 Report a problem
        3/4/2024Listed for sale$2,350,000$921/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6488966 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 55331

        Getting around

        70 / 100
        Somewhat Walkable
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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