147 1st Street
Description
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.
Location
Sold By Pemberton RE
$4,492 per month
30 year fixed, 7.03% Interest
$3,870
$622
$0
1Property Information for 147 1st Street
Property Details
- Taxes: $7,463 / year
- MLS Type: Residential / Single Family
- County: Hennepin County
- Subdivision Name: Auditors Sub 135
- Waterfront YN: No
- Zoning Jurisdiction: Residential-Single Family
Building Information
- Year Built: 1915
- Lot Size: 0.12 AC / 5,227 SF
Summary
- 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
- 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
- High School District: 276 - Minnetonka
- School District Number: 276
- School District Phone: 9524015000
Property
- 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
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
Interior and Exterior Features
- Accessibility Features: None
- Exterior Features: Wood
- Foundation Area: 741.0
- Foundation Details: Block
- Fuel: Natural Gas
- Pool Features: None
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
- Roof: Asphalt, Pitched
- 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 Dimensions: 5x12
- Room Level: Main
- Room Type: Deck
- Room Dimensions: 8x8
- Room Level: Main
- Room Type: Dining Room
- Room Dimensions: 9x10
- Room Level: Main
- Room Type: Bedroom
- Room Dimensions: 8x10
- Room Level: Main
- Room Type: Kitchen
- Room Dimensions: 10x14
- Room Level: Main
- Room Type: Living Room
- Room Dimensions: 9x9
- Room Level: Main
- Room Type: Screened Porch
- Room Dimensions: 9x10
- Room Level: Main
- Room Type: Bedroom 2
Property History for 147 1st Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 22, 2026 | Sold NorthStar #7027546 | $725,000 | — |
| Apr 20, 2026 | Sold (Public Record) Public Record #1937017231 | $725,000 | — |
| Mar 22, 2026 | Pending NorthStar #7027546 | — | |
| Mar 19, 2026 | Price Change NorthStar #7027546 | $649,900 | — |
| Mar 19, 2026 | Listed (Active) NorthStar #7027546 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/22/2026 | Sold NorthStar #7027546 | $725,000 |
| 04/20/2026 | Sold (Public Record) Public Record #1937017231 | $725,000 |
| 03/22/2026 | Pending NorthStar #7027546 | — |
| 03/19/2026 | Price Change NorthStar #7027546 | $649,900 |
| 03/19/2026 | Listed (Active) NorthStar #7027546 | — |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 147 1st Street
Taxable Value
Land
$589,500Additions
$2,000Tax Record
2025
$7,464 ($622 / month)Home Facts
Beds
2Baths
1Total Finished SqFt
741 SqFtAbove Grade Finished SqFt
741 SqFtStories
1Lot Size
5,227 SqFtStyle
Single Family ResidenceYear Built
1915Year Renovated
1978County
HENNEPINAPN
27-117-23-44-0005Schools near 147 1st Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 12 |
Rating | School | Distance |
|---|---|---|
Excelsior Elementary School PublicK to 5 | ||
Minnetonka West Middle School Public6 to 8 | ||
Minnetonka Senior High School Public9 to 12 | ||
Shorewood Education Center Public12 |
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Based on information submitted to the MLS GRID as of 04/22/2026 12:33 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.
