Effortless lake living! Amazing front unit (closest to the lake) at sought-after Excelsior Bay Gables featuring breath-taking panoramic views of Lake Minnetonka's Excelsior Bay! The primary suite and second bedroom/den bookend this naturally sun-filled unit. View the lake from almost every single window or patio door in this stunning condo. This might be the very best view in the whole complex! Enjoy a covered wrap-around maintenance free balcony that 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, fitness center, private docks with boat slip rentals available ($1244/season), meticulously maintained outdoor common areas, and 2 secure underground heated garage parking stalls (#20 & #21). EZ walk to everything Historic Excelsior has to offer-charming shops, many excellent restaurants and beautiful Commons Park with 2 beaches, lighted softball field and bandshell. Take the sidewalk from the parking lot just 2 blocks east and jump on the LRT trail to walk/bike almost anywhere. Whether you are enjoying drinks on your balcony, walking to your favorite restaurant, swimming in the heated pool, playing a game of tennis or taking your boat out on the lake, you will never be at loss for something to do!
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Zestimate®
$975,000
603 Lake St Unit 215, Excelsior, MN 55331
2beds
1,669sqft
(CC) Low Rise (3- Levels)
Built in 1981
-- sqft lot
$975,000 Zestimate®
$584/sqft
$5,876 Estimated rent
Home value
$975,000
$907,000 - $1.04M
$5,876/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Brad J Olson 612-590-6338,
Edina Realty, Inc.
Bought with:
Brad J Olson
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7099377
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 2
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18x11
Deck
- Level: Main
- Area: 115 Square Feet
- Dimensions: 23x5
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Flex room
- Level: Main
- Area: 288 Square Feet
- Dimensions: 24x12
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Laundry
- Level: Main
- Area: 30 Square Feet
- Dimensions: 6x5
Living room
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19x12
Walk in closet
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7x6
Heating
- Baseboard, Boiler, Hot Water
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room, Main Level, In Unit, Washer Hookup
Features
- Basement: Block,Storage/Locker,Storage Space
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,669
- Total interior livable area: 1,669 sqft
- Finished area above ground: 1,669
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Asphalt, Garage Door Opener, Guest, Heated Garage, Multiple Garages, Parking Lot, Paved Lot, Underground
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking, Covered, Deck, Front Porch, Wrap Around
- Has private pool: Yes
- Pool features: In Ground, Heated, Outdoor Pool, Shared
- Fencing: Full,Other
- Has view: Yes
- View description: Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Association Access, Dock, Lake Front, Lake View, Waterfront Elevation(0-4)
Lot
- Size: 1,655 Square Feet
- Features: Accessible Shoreline, Near Public Transit, Tree Coverage - Medium
Details
- Foundation area: 1669
- Parcel number: 3511723220064
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) Low Rise (3- Levels)
- Attached to another structure: Yes
Materials
- Block, Frame
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Condo 0344 Excelsior Bay Gables
HOA
- Has HOA: Yes
- Amenities included: Boat Slip, Car Wash, Boat Dock, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Other, Patio, Sauna, Security Building, Tennis Court(s)
- Services included: Beach Access, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Sanitation, Security System, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $1,485 monthly
- HOA name: Hegenes Properties
- HOA phone: 952-641-0138
Location
- Region: Excelsior
Financial & listing details
- Price per square foot: $584/sqft
- Tax assessed value: $973,800
- Annual tax amount: $13,049
- Date on market: 8/14/2026
- Cumulative days on market: 17 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Sold | $975,000-15.2%$584/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7099377 Report a problem | ||
| 7/16/2026 | Listed for sale | $1,150,000$689/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7099377 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,701 -5.2% | $973,800 +1% |
| 2024 | $13,400 +15.1% | $964,100 -7.4% |
| 2023 | $11,642 -0.2% | $1,041,500 +16.4% |
| 2022 | $11,664 +14.1% | $895,000 +8.7% |
| 2021 | $10,220 +19.9% | $823,000 +12.6% |
| 2020 | $8,525 -16.6% | $731,000 +21% |
| 2019 | $10,220 +19.9% | $604,000 -1.1% |
| 2018 | $8,525 +19.3% | $611,000 +18% |
| 2017 | $7,147 -1.9% | $518,000 |
| 2016 | $7,289 -2.3% | $518,000 +24.6% |
| 2015 | $7,462 +26.4% | $415,800 +13% |
| 2014 | $5,901 +7.4% | $368,000 -1.6% |
| 2013 | $5,494 -17.3% | $374,000 -20.9% |
| 2012 | $6,643 +3.4% | $473,000 -0.2% |
| 2011 | $6,426 +5.4% | $474,000 -5.3% |
| 2010 | $6,100 +5.4% | $500,500 -0.5% |
| 2009 | $5,786 -0.3% | $503,000 +7.1% |
| 2006 | $5,805 +2.8% | $469,500 +8.3% |
| 2005 | $5,646 +9.2% | $433,600 +15% |
| 2004 | $5,169 +4.4% | $377,100 +12% |
| 2002 | $4,950 -41.5% | $336,700 |
| 2001 | $8,463 | -- |
Find assessor info on the county website
Neighborhood: 55331
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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
$975,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$975,000
- Minnesota
- Hennepin County
- Excelsior
- 55331
- 603 Lake St Unit 215
