Experience effortless lake living! Elegant end unit condo at the Excelsior Bay Gables featuring unobstructed panoramic views of Lake Minnetonka's Excelsior Bay and Big Island. The primary suite and second bedroom bookend this naturally sun-filled 1,483-sq-ft layout. A beautifully updated kitchen flows into the dining and living room, while a covered wrap-around maintenance free balcony takes full advantage of the lake views and surrounding natural beauty. The bonus room across the hall can be used as an office or additional storage. HOA amenities include a heated swimming pool, tennis courts, year-round hot tub and sauna facilities, a well-equipped fitness center, private docks with boat slip rentals available, meticulously maintained outdoor common areas, and secure underground heated garage parking with two designated spaces. Enjoy the convenience of walkable access to Downtown Excelsior's charming shops, fine restaurants, and Commons Park, all while embracing the relaxed luxury of waterfront living in one of the area's most desirable locations.
Closed
$1,250,000
603 Lake St Unit 214, Excelsior, MN 55331
2beds
1,483sqft
Low Rise
Built in 1981
-- sqft lot
$1,254,000 Zestimate®
$843/sqft
$3,501 Estimated rent
Home value
$1,254,000
$1.15M - $1.35M
$3,501/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Paul H Johnson 952-212-7103,
Lakes Sotheby's International,
Mark W Hoiseth 612-282-3465
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6818916
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 2
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17x10
Primary bathroom
- Level: Main
- Area: 90 Square Feet
- Dimensions: 15x06
Bathroom
- Level: Main
- Area: 40 Square Feet
- Dimensions: 08x05
Deck
- Level: Main
- Area: 90 Square Feet
- Dimensions: 18x05
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Laundry
- Level: Main
- Area: 36 Square Feet
- Dimensions: 06x06
Living room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18x13
Storage
- Level: Main
- Area: 162 Square Feet
- Dimensions: 27x06
Walk in closet
- Level: Main
- Area: 48 Square Feet
- Dimensions: 08x06
Heating
- Baseboard, Boiler, Fireplace(s), Hot Water
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Laundry Room, Sink, In Unit
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,483
- Total interior livable area: 1,483 sqft
- Finished area above ground: 1,483
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Concrete, Shared Driveway, Garage Door Opener, Heated Garage, Garage, Underground
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Has private pool: Yes
- Pool features: In Ground, Heated, Outdoor Pool, Shared
- Fencing: None
- Has view: Yes
- View description: Bay, Lake, North, Panoramic
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Association Access, Dock, Lake Front, Lake View, Shared
Details
- Foundation area: 1483
- Additional parcels included: 3511723220126,3511723220128
- Parcel number: 3511723220063
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: Low Rise
- Attached to another structure: Yes
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Excelsior
- Subdivision: Condo 0344 Excelsior Bay Gables
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,440 monthly
- Amenities included: Beach Access, Boat Slip, Boat Dock, Elevator(s), Spa/Hot Tub, In-Ground Sprinkler System, Sauna, Security Building, Tennis Court(s)
- Services included: Beach Access, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security System, Sewer, Shared Amenities, Snow Removal, Water
- Association name: Hegenes Properties
- Association phone: 952-641-0138
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $1,250,000+9.2%$843/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6818916 Report a problem | ||
| 1/9/2026 | Pending sale | $1,145,000$772/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6818916 Report a problem | ||
| 12/11/2025 | Listed for sale | $1,145,000+76.2%$772/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6818916 Report a problem | ||
| 12/2/2019 | Sold | $650,000-3.7%$438/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5289946 Report a problem | ||
| 11/12/2019 | Pending sale | $675,000$455/sqft |
Source: Coldwell Banker Burnet - Minnetonka #5289946 Report a problem | ||
| 9/16/2019 | Listed for sale | $675,000$455/sqft |
Source: Coldwell Banker Burnet - Minnetonka #5289946 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,215 -5.8% | $926,900 +11.4% |
| 2024 | $9,780 +0.7% | $832,300 -8.1% |
| 2023 | $9,716 +0.1% | $906,100 +18% |
| 2022 | $9,709 -1.2% | $768,000 +8.8% |
| 2021 | $9,828 +21% | $706,000 -1.3% |
| 2020 | $8,121 -17.4% | $715,000 +21.6% |
| 2019 | $9,828 +21% | $588,000 -1.3% |
| 2018 | $8,121 +19.5% | $596,000 +17.8% |
| 2017 | $6,798 -1.9% | $506,000 |
| 2016 | $6,932 -2.2% | $506,000 +25.1% |
| 2015 | $7,091 +23.5% | $404,500 +13% |
| 2014 | $5,741 +7.9% | $358,000 -1.4% |
| 2013 | $5,320 -17.8% | $363,000 -21.3% |
| 2012 | $6,475 +3.1% | $461,000 -0.4% |
| 2011 | $6,277 +6.2% | $463,000 -4.5% |
| 2010 | $5,910 +5.6% | $485,000 -0.4% |
| 2009 | $5,594 -3.6% | $487,000 +3.7% |
| 2006 | $5,805 +7.8% | $469,500 +13.5% |
| 2005 | $5,384 +9.7% | $413,500 +15% |
| 2004 | $4,906 +4.4% | $359,600 +12% |
| 2002 | $4,699 -41.5% | $321,100 |
| 2001 | $8,029 | -- |
Find assessor info on the county website
Neighborhood: 55331
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: 2.6 mi
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Estimated market value
$1,254,000
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Estimated market value
$1,254,000
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 603 Lake St Unit 214
Nearby cities
Nearby zip codes
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