741 Sq. Ft.
$877 / Sq. Ft.
741
Sq. Ft.
$877
per Sq. Ft.

Description

Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system.
The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning
...Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system.

The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior.

For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite.

Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.

Listing Agent

  1. Chris Dennis

    Chris Dennis

    Listing Agent

    Compass

    chris.dennis@compass.com

    P: (612)-229-9322

Property Details for 147 1st Street

Subdivision Name
Auditors Sub 135
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 03/22/2026 03:50 PM

Property Details for 147 1st Street

StatusPending
MLS #7027546
Days on Compass3
Taxes$7,463 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1915
Lot Size0.12 AC / 5,227 SF
CountyHennepin County
Add your commute

Building Information for 147 1st Street

Stories-Year Built1915Building Size-Lot Size0.12 AC / 5,227 SF

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Principal and Interest

$3,273

Property Taxes

$622

HOA Dues

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Property Information for 147 1st Street

Summary
Location and General Information
  • City Name: Excelsior
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Water Street, to 2nd street, to center street, to first street. Home on right
  • Latitude: 44.906572
  • Longitude: -93.568356
  • 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: 2711723440005
  • Tax Annual Amount: $7,463.00
  • Tax Legal Description: LOT 004 AUDITOR'S SUBD. NO. 135 NWLY 38 FT
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 7463
School Information
  • High School District: 1246 - Minnetonka
  • School District Number: 1246
  • School District Phone: 9524015000
Property
Lot Information
  • Above Grade Fin SQFT: 741.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 741.0
  • Living Area Units: Square Feet
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Lot Size Area: 0.12
  • Lot Size Dimensions: 37.5x132x39x132
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 741
  • Building Area Total: 1482.0
  • Above Grade SqFt Total: 741
  • Below Grade SqFt Total: 741
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 741.0
  • Fuel: Natural Gas
  • Pool Features: None
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt, Pitched
Interior Features
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement Type: Block, Daylight/Lookout Windows
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork
  • Bath Desc: Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 1
  • Bedrooms Total: 2
  • Fireplace Features: Free Standing, Wood Burning, Wood Burning Stove
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Informal Dining Room
  • DP Resource: Yes
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Levels: One
  • Room List: Deck, Dining Room, Bedroom, Kitchen, Living Room, Screened Porch, Bedroom 2
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 5x12
  • Room Level: Main
  • Room Type: Deck
Room 2
  • Room Dimensions: 8x8
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 9x10
  • Room Level: Main
  • Room Type: Bedroom
Room 4
  • Room Dimensions: 8x10
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 10x14
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Dimensions: 9x9
  • Room Level: Main
  • Room Type: Screened Porch
Room 7
  • Room Dimensions: 9x10
  • Room Level: Main
  • Room Type: Bedroom 2

Property History for 147 1st Street

DateEvent & SourcePriceAppreciation
Mar 22, 2026

Pending

NorthStar #7027546

Mar 19, 2026

Price Change

NorthStar #7027546

$649,900
Mar 19, 2026

Listed (Active)

NorthStar #7027546

DateEvent & SourcePrice
03/22/2026

Pending

NorthStar #7027546

03/19/2026

Price Change

NorthStar #7027546

$649,900
03/19/2026

Listed (Active)

NorthStar #7027546

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

Public Records for 147 1st Street

Taxable ValueLand$576,000Additions$1,900Total$577,900
Tax Record2025$7,216 ($601 / month)
Home Facts
Beds2Baths1Total Finished SqFt741 SqFtAbove Grade Finished SqFt741 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1915Year Renovated1955CountyHENNEPINAPN27-117-23-44-0005

Schools near 147 1st Street

This home is within Minnetonka Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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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Based on information submitted to the MLS GRID as of 03/22/2026 03:50 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.