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  • Price cut: $50.3K (10/8)
    $1,299,700

    603 Lake St Unit 307, Excelsior, MN 55331

    3beds
    2,036sqft
    : 
    $9,779/mo
    Get pre-qualified
    (CC) Low Rise (3- Levels)
    Built in 1981
    -- sqft lot
    $1,269,000 Zestimate®
    $638/sqft
    $1,521/mo HOA

    What's special

    Maintenance free Lake Minnetonka! Beautiful 2-3 bed, 2-bath condominium in Excelsior Bay Gables—one of the largest units in the community and set in an exceptional lakeside location. This spacious home features a large living room with a vaulted ceiling, stunning wood-burning fireplace, and gorgeous views of Lake Minnetonka. Enjoy lake breezes from the private balcony, accessible from both the living room and the primary bedroom suite. The light and bright kitchen flows into the formal dining room, which opens to the expansive living room for easy entertaining. A spacious in-unit laundry room provides abundant storage and cabinetry. The generous primary suite includes a big walk-in closet and a large private bathroom. The second bedroom offers great flexibility with two closets. An upper-level loft/bonus room overlooks the living room—perfect for an office, 3rd bedroom, lounge, or flex space. An additional room down the hall can serve as storage, an office, or a guest space. Community amenities include an outdoor heated pool, tennis courts, indoor hot tub and sauna, exercise room, two parking spaces in the heated garage, and available boat slips for an additional fee. Unbeatable location near Excelsior—just steps from Maynard’s, Port of Excelsior, Excelsior Commons, and scenic views of Excelsior Bay. Convenient access to Hwy 7 makes everyday living effortless. The perfect way to enjoy lakeside living near Excelsior.
    43 days
    983
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Margaret P Trenary 612-554-0902,

    Trenary Realty Group

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7143535MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 225 Square Feet
      • Dimensions: 15x15
      Bedroom 2
      • Level: Main
      • Area: 392 Square Feet
      • Dimensions: 28x14
      Bedroom 3
      • Level: Upper
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Primary bathroom
      • Level: Main
      • Area: 75 Square Feet
      • Dimensions: 15x5
      Bathroom
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 8x9
      Dining room
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Foyer
      • Level: Main
      • Area: 45 Square Feet
      • Dimensions: 9x5
      Kitchen
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 15 x 12
      Living room
      • Level: Main
      • Area: 480 Square Feet
      • Dimensions: 24 x 20
      Walk in closet
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Walk in closet
      • Level: Main
      • Area: 49 Square Feet
      • Dimensions: 7x7
      Heating
      • Baseboard
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Laundry Closet, Laundry Room, Main Level, Sink, In Unit, Washer Hookup
      Features
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 2,036
      • Total interior livable area: 2,036 sqft
      • Finished area above ground: 2,036
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Attached, Asphalt, Garage, Garage Door Opener, Guest, Heated Garage, Insulated Garage, Storage, Tuckunder Garage, Underground
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: Modified Two Story
      • Stories: 2
      • Patio & porch: Covered, Deck, Screened
      • Has private pool: Yes
      • Pool features: In Ground, Heated, Outdoor Pool, Shared
      • Has spa: Yes
      • Spa features: Hot Tub
      • Has view: Yes
      • View description: Lake, Panoramic
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Association Access, Dock, Lake Front, Lake View
      Lot
      • Features: Accessible Shoreline, Near Public Transit, Irregular Lot, Tree Coverage - Medium
      Details
      • Additional structures: Sauna
      • Foundation area: 2036
      • Additional parcels included: 3511723220145,3511723220143
      • Parcel number: 3511723220074
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: (CC) Low Rise (3- Levels)
      • Attached to another structure: Yes
      Materials
      • Roof: Age Over 8 Years,Asphalt
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Security Lights
      • Subdivision: Condo 0344 Excelsior Bay Gables
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Slip, Deck, Boat Dock, Elevator(s), Fire Sprinkler System, Spa/Hot Tub, In-Ground Sprinkler System, Lobby Entrance, Patio, Sauna, Security Building, Security Lighting, Tennis Court(s)
      • Services included: Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security Staff, Sewer, Shared Amenities, Snow Removal, Water
      • HOA fee: $1,521 monthly
      • HOA name: First Service Residential
      • HOA phone: 952-277-2700
      Location
      • Region: Excelsior

      Financial & listing details

      • Price per square foot: $638/sqft
      • Tax assessed value: $1,036,400
      • Annual tax amount: $13,962
      • Date on market: 9/17/2026
      • Cumulative days on market: 35 days
      • Road surface type: Paved

        Estimated market value

        $1,269,000

        $1.21M - $1.33M

        $5,955/mo

        Price history

        DateEventPrice
        10/8/2026Price change$1,299,700-3.7%$638/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7143535 Report a problem
        9/19/2026Listed for sale$1,350,000+5.9%$663/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7143535 Report a problem
        5/4/2026Sold$1,275,000+24.3%$626/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7061642 Report a problem
        7/17/2024Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6556036 Report a problem
        6/24/2024Listed for rent$4,200$2/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6556036 Report a problem
        6/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/6/2024Listed for rent$4,200$2/sqft
        Source: Zillow Rentals Report a problem
        3/29/2024Sold$1,026,000+2.6%$504/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6485159 Report a problem
        2/17/2024Pending sale$1,000,000$491/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6485159 Report a problem
        2/14/2024Listed for sale$1,000,000+5.3%$491/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6485159 Report a problem
        9/14/2023Sold$950,000-5%$467/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6400066 Report a problem
        8/14/2023Pending sale$1,000,000$491/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6400066 Report a problem
        7/11/2023Listed for sale$1,000,000-20%$491/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6400066 Report a problem
        7/11/2023Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6358207 Report a problem
        5/10/2023Price change$1,250,000-16.7%$614/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6358207 Report a problem
        4/27/2023Listed for sale$1,500,000+419%$737/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6358207 Report a problem
        11/1/1981Sold$289,000$142/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$13,962 +4.2%$1,036,400 +0%
        2025$13,401 -5%$1,036,300 +1.4%
        2024$14,105 +13.7%$1,022,300 -7.3%
        2023$12,402 -0.4%$1,102,300 +16.2%
        2022$12,454 -1.8%$949,000 +8.6%
        2021$12,676 +22.2%$874,000 -1.8%
        2020$10,375 -18.2%$890,000 +23.6%
        2019$12,676 +22.2%$720,000 -0.7%
        2018$10,375 +13.2%$725,000 +12.6%
        2017$9,163 -2%$644,000
        2016$9,347 -2.3%$644,000 +30.1%
        2015$9,569 +36.2%$494,900 +13%
        2014$7,024 +7.4%$438,000 -1.4%
        2013$6,539 -21.2%$444,000 -22.8%
        2012$8,298 +3.2%$575,000 -0.3%
        2011$8,041 +4.9%$577,000 -4.9%
        2010$7,669 +6.2%$607,000
        2009$7,224 +9.5%$607,000 +15%
        2006$6,599 +10.4%$527,800 +15%
        2005$5,977 +9%$459,000 +15%
        2004$5,485 +3.6%$399,200 +12%
        2002$5,295 -43%$356,500
        2001$9,289 --
        Find assessor info on the county website

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        Climate risks

        Neighborhood: 55331

        Getting around

        69 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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