138 2nd St

Excelsior, MN 55331

$2,495,000
Price
5
Beds
4,527 Sq. Ft.
$551 / Sq. Ft.
4,527
Sq. Ft.
$551
per Sq. Ft.
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New
New

Description

This to-be-built custom home by Zehnder Homes offers an exceptional opportunity to create a truly personalized luxury residence just two blocks from both Excelsior Commons and the charm of Water Street. Set on an 88' wide lot, this rare walkout lot provides the perfect setting for your dream home. Enjoy walkable access to Lake Minnetonka, local dining, shops, and year-round community events all from one of the most sought-after locations in the west metro. Designed with over 4,500 finished square...This to-be-built custom home by Zehnder Homes offers an exceptional opportunity to create a truly personalized luxury residence just two blocks from both Excelsior Commons and the charm of Water Street. Set on an 88' wide lot, this rare walkout lot provides the perfect setting for your dream home. Enjoy walkable access to Lake Minnetonka, local dining, shops, and year-round community events all from one of the most sought-after locations in the west metro. Designed with over 4,500 finished square feet, this five-bedroom, five-bath home will showcase the elevated craftsmanship and thoughtful design Zehnder Homes is known for. The open-concept main level is planned for both everyday living and effortless entertaining, featuring expansive living spaces, a gourmet kitchen with high-end appliances, custom cabinetry, and a generous butler's pantry. Upstairs, a luxurious primary suite will offer a spa-inspired bath and oversized walk-in closet, complemented by well appointed secondary bedrooms and convenient upper-level laundry. The walkout lower level provides additional living and entertaining space, featuring a recreation area, bar, and fitness room, all tailored to your lifestyle. With ample opportunity to collaborate on final plans, selections, and finishes, this home presents a unique chance to bring your vision to life in an unbeatable Excelsior location.
  1. Listed by RE/MAX Results

Property Details for 138 2nd Street

Subdivision Name
Sheldons Add To Excelsior
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 04/01/2026 03:18 PM

Property Details for 138 2nd Street

StatusActive
MLS #7046880
Days on CompassListed Today
Taxes$9,363 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built2026
Lot Size8798.00 AC / 383,240,880 SF
CountyHennepin County
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Location

Listing Courtesy of RE/MAX Results
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Building Information for 138 2nd Street

Stories-Year Built2026Building Size-Lot Size8798.00 AC / 383,240,880 SF

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$12,889 per month

30 year fixed, 6.11% Interest

Principal and Interest

$12,109

Property Taxes

$780

HOA Dues

$0

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Property Information for 138 2nd Street

Summary
Location and General Information
  • City Name: Excelsior
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: From Hwy 7, take 2nd exit, house is on left.
  • Latitude: 44.905319
  • Longitude: -93.570637
  • Map Coordinate: 117-E3
  • City and Location: Excelsior
  • City and Location Text: Excelsior(MN)
  • Postal Code: 55331
  • State Or Province: MN
  • Public Survey Township: 117
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 3411723120095
  • Tax Annual Amount: $9,363.21
  • Tax Legal Description: LOT 004 SHELDONS ADDN TO EXCELSIOR
  • Tax Other Annual Assessment Amount: $75.81
  • Tax Year: 2026
  • Tax With Assessments: 9439.02
School Information
  • High School District: 1246 - Minnetonka
  • School District Number: 1246
  • School District Phone: 9524015000
Property
Lot Information
  • Above Grade Fin SQFT: 3348.0
  • Below Grade Fin SQFT: 1179.0
  • Builder Name: ZEHNDER HOMES INCORPORATED
  • SQFT Total: 4527.0
  • Living Area Units: Square Feet
  • Lot Features: Public Transit (w/in 6 blks), Sod Included in Price, Tree Coverage - Medium, Underground Utilities
  • Lot Size Area: 8798.0
  • Lot Size Dimensions: 88x100
  • Lot Size Units: Square Feet
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 1379
  • Building Area Total: 4729.0
  • Above Grade SqFt Total: 3348
  • Below Grade SqFt Total: 1381
Utilities
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: None
  • Foundation Area: 1379.0
  • Fuel: Natural Gas
  • Pool Features: None
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt, Pitched
  • Patio Porch Type: Enclosed,Front Porch,Patio,Porch,Screened
Interior Features
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Basement Type: Drain Tiled, Finished, Full, Concrete, Sump Basket, Sump Pump, Tile Shower, Walkout
  • Amenities Unit: Cable,Deck,Ethernet Wired,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Multiple Phone Lines,Natural Woodwork,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet
  • Bath Desc: 3/4 Basement,Double Sink,Bathroom Ensuite,Full Primary,His and Her Closets ,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 5
  • Bedrooms Total: 5
  • Fireplace Features: Circulating, Gas, Living Room
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air, Zoned
  • Dining Room Description: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room
  • Garage Dimensions: 30x22
  • Garage Door Height: 8
  • Garage Door Width: 8
  • Garage Square Feet: 680
  • Heating: Forced Air, Humidifier, In-Floor Heating, Zoned
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Sink, Upper Level
  • Levels: Two
  • Room List: Bar/Wet Bar Room, Dining Room, Exercise Room, Family Room, Bedroom 5, Bedroom, Bedroom 4, Great Room, Kitchen, Loft, Office, Bedroom 2, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 13x10
  • Room Level: Lower
  • Room Type: Bar/Wet Bar Room
Room 2
  • Room Dimensions: 15x12
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 17x10
  • Room Level: Lower
  • Room Type: Exercise Room
Room 4
  • Room Dimensions: 29x16
  • Room Level: Lower
  • Room Type: Family Room
Room 5
  • Room Dimensions: 12x12
  • Room Level: Lower
  • Room Type: Bedroom 5
Room 6
  • Room Dimensions: 18x14
  • Room Level: Upper
  • Room Type: Bedroom
Room 7
  • Room Dimensions: 14x12
  • Room Level: Upper
  • Room Type: Bedroom 4
Room 8
  • Room Dimensions: 20x18
  • Room Level: Main
  • Room Type: Great Room
Room 9
  • Room Dimensions: 14x14
  • Room Level: Main
  • Room Type: Kitchen
Room 10
  • Room Dimensions: 12x10
  • Room Level: Lower
  • Room Type: Loft
Room 11
  • Room Dimensions: 10x10
  • Room Level: Main
  • Room Type: Office
Room 12
  • Room Dimensions: 14x12
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 13
  • Room Dimensions: 14x13
  • Room Level: Upper
  • Room Type: Bedroom 3

Property History for 138 2nd Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Price Change

NorthStar #7046880

$2,495,000—
Apr 1, 2026

Listed (Active)

NorthStar #7046880

—
Feb 6, 2026

Sold

NorthStar #7002593

$650,000—
Feb 5, 2026

Pending

NorthStar #7002593

—
Feb 5, 2026

Listed (Active)

NorthStar #7002593

—
Feb 4, 2026

Sold (Public Record)

Public Record #1928187586

$650,000—
DateEvent & SourcePrice
04/01/2026

Price Change

NorthStar #7046880

$2,495,000
04/01/2026

Listed (Active)

NorthStar #7046880

—
02/06/2026

Sold

NorthStar #7002593

$650,000
02/05/2026

Pending

NorthStar #7002593

—
02/05/2026

Listed (Active)

NorthStar #7002593

—
02/04/2026

Sold (Public Record)

Public Record #1928187586

$650,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 138 2nd Street

Taxable ValueLand$704,000Additions$1,000Total$705,000
Tax Record2025$8,967 ($747 / month)
Home Facts
Beds2Baths1.8Total Finished SqFt812 SqFtAbove Grade Finished SqFt812 SqFtUnfinished Basement SqFt406 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1945Year Renovated1959CountyHENNEPINAPN34-117-23-12-0095Fireplace TypeHas Fireplace

Schools near 138 2nd Street

This home is within Minnetonka Public School District.
Rating
School
Type
Grades
Distance
Excelsior Elementary School
Public - K to 5
Minnetonka West Middle School
Public - 6 to 8
Minnetonka Senior High School
Public - 9 to 12
Tonka Online
Public - 6 to 12
Rating
School
Distance
Excelsior Elementary School
PublicK to 5

Minnetonka West Middle School
Public6 to 8

Minnetonka Senior High School
Public9 to 12

Tonka Online
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 138 2nd Street, Excelsior, MN 55331

138 2nd Street is a single family home for sale in Excelsior, MN 55331. This property was listed for sale on April 1, 2026 by RE/MAX Results, it's currently listed at $2,495,000. It has been on the market for a total of 0 days and was last sold on February 6, 2026. This listing's school district is Minnetonka Public School District. Nearby schools include Excelsior Elementary School, Minnetonka West Middle School and Minnetonka Senior High School. 138 2nd Street is a 5-bed, 5-bath, 4,527 sqft single family home built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information submitted to the MLS GRID as of 04/01/2026 03:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.