254 Lake St

4,661 Sq. Ft.
$1,072 / Sq. Ft.
4,661
Sq. Ft.
$1,072
per Sq. Ft.

Description

Breathtaking Peter Eskuche + Mikan collaboration offering the highest level of finish throughout this completed new construction masterpiece! Enjoy the stunning architectural details and open flowing floorplan offering walls of windows showcasing gorgeous views overlooking Excelsior Bay. The main-level features light + bright spaces; gourmet kitchen with high-end appliances, coffee bar, prep area and walk-in pantry. Spacious family room with sliding glass doors that open to the large porch with phantom...Breathtaking Peter Eskuche + Mikan collaboration offering the highest level of finish throughout this completed new construction masterpiece! Enjoy the stunning architectural details and open flowing floorplan offering walls of windows showcasing gorgeous views overlooking Excelsior Bay. The main-level features light + bright spaces; gourmet kitchen with high-end appliances, coffee bar, prep area and walk-in pantry. Spacious family room with sliding glass doors that open to the large porch with phantom screens + electronic pergola, dipping pool/hot tub and unmatched water views, creating the perfect blend of indoor + outdoor living! The upper-level offers a loft with built-ins and beverage fridge; bonus room with fireplace + lake views; office area; two guest bedrooms and spacious primary suite with spa-like bathroom (heated floors)! Lower-level featuring unparalleled amenities including the large family room + game area; wet bar with beverage fridges; exercise room; sauna and golf simulator. Extra-deep 2-car garage (heated, sink, water spigot). Ideally located in the heart of Excelsior just steps to shops, restaurants and all the amenities downtown has to offer! Truly a must see!
  1. Listed by Coldwell Banker Realty

Property Details for 254 Lake Street

Subdivision Name
Seamans Sub Of Lts 7 & 8 Excelsior
Waterfront Features
Lake View
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family

Open Houses

Sunday, Apr 26th12:00 PM - 2:00 PM
LISTING UPDATED: 04/23/2026 08:05 AM

Property Details for 254 Lake Street

StatusActive
MLS #7058891
Days on Compass1
Taxes$14,117 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built2024
Lot Size0.16 AC / 6,969 SF
CountyHennepin County

Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 254 Lake Street

Stories-Year Built2024Building Size-Lot Size0.16 AC / 6,969 SF

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$26,329 per month

30 year fixed, 6.46% Interest

Principal and Interest

$25,152

Property Taxes

$1,176

HOA Dues

$0

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Property Information for 254 Lake Street

Summary
Location and General Information
  • City Name: Excelsior
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Water Street to left on Lake Street to home. Garage access is off alley behind the house!
  • Latitude: 44.9057081709
  • Longitude: -93.5664009091
  • Nbr of Acres: 14206
  • Lake Name: General Development
  • PLAT: 113
  • 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
  • Water Body Name: Minnetonka
  • Waterfront Footage: 27013300
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 3411723110134
  • Tax Annual Amount: $14,117.00
  • Tax Legal Description: LOT 003 SEAMANS SUBD OF LOTS 7 & 8 EXCELSIOR EX ALLEY
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 14117
School Information
  • High School District: 276 - Minnetonka
  • School District Number: 276
  • School District Phone: 9524015000
Property
Lot Information
  • Above Grade Fin SQFT: 2983.0
  • Below Grade Fin SQFT: 1678.0
  • SQFT Total: 4661.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.16
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 0
  • Building Area Total: 0.0
  • Above Grade SqFt Total: 0
  • Below Grade SqFt Total: 0
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Other
  • Foundation Area: 1766.0
  • Foundation Details: Other
  • Fuel: Natural Gas
  • Pool Features: Below Ground, Heated
  • Roof: Age 8 Years or Less
  • Patio Porch Type: Covered,Patio,Screened
Interior Features
  • Appliances: Chandelier, Dishwasher, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Basement Type: Finished, Full
  • Amenities Unit: Exercise Room,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Panoramic View,Sauna,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet
  • Bath Desc: Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Sauna,Upper Level Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 4
  • Bedrooms Total: 4
  • Fireplace Features: Family Room
  • Fireplaces Total: 2
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Informal Dining Room
  • Garage Square Feet: 0
  • Heating: Forced Air, In-Floor Heating
  • Laundry Features: Upper Level
  • Levels: Two
  • Room List: Amusement Room, Bar/Wet Bar Room, Bonus Room, Exercise Room, Family Room, Bedroom, Bedroom 4, Informal Dining Room, Kitchen, Screened Porch, Bedroom 2, Sun Room, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 18 x 15
  • Room Level: Lower
  • Room Type: Amusement Room
Room 2
  • Room Dimensions: 16 x 6
  • Room Level: Lower
  • Room Type: Bar/Wet Bar Room
Room 3
  • Room Dimensions: 18 x 16
  • Room Level: Upper
  • Room Type: Bonus Room
Room 4
  • Room Dimensions: 13 x 10
  • Room Level: Lower
  • Room Type: Exercise Room
Room 5
  • Room Dimensions: 18 X 17
  • Room Level: Main
  • Room Type: Family Room
Room 6
  • Room Dimensions: 19 x 16
  • Room Level: Lower
  • Room Type: Family Room
Room 7
  • Room Dimensions: 15 x 14.5
  • Room Level: Upper
  • Room Type: Bedroom
Room 8
  • Room Dimensions: 15 x 12
  • Room Level: Lower
  • Room Type: Bedroom 4
Room 9
  • Room Dimensions: 15 X 11
  • Room Level: Main
  • Room Type: Informal Dining Room
Room 10
  • Room Dimensions: 17 X 13
  • Room Level: Main
  • Room Type: Kitchen
Room 11
  • Room Dimensions: 16 x 17
  • Room Level: Main
  • Room Type: Screened Porch
Room 12
  • Room Dimensions: 16 x 8
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 13
  • Room Dimensions: 15 x 11
  • Room Level: Main
  • Room Type: Sun Room
Room 14
  • Room Dimensions: 16 x 8
  • Room Level: Upper
  • Room Type: Bedroom 3

Property History for 254 Lake Street

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Price Change

NorthStar #7058891

$4,995,000—
Apr 20, 2026

Listed (Active)

NorthStar #7058891

—
Apr 16, 2026

Off Market

NorthStar #6789422

—
DateEvent & SourcePrice
04/20/2026

Price Change

NorthStar #7058891

$4,995,000
04/20/2026

Listed (Active)

NorthStar #7058891

—
04/16/2026

Off Market

NorthStar #6789422

—

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

Public Records for 254 Lake Street

Taxable ValueLand$1,037,500Additions$25,600Total$1,063,100
Tax Record2025$13,981 ($1,165 / month)
Home Facts
Beds4Baths2.2Total Finished SqFt2,018 SqFtAbove Grade Finished SqFt2,018 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1910Year Renovated1990CountyHENNEPINAPN34-117-23-11-0134Fireplace TypeHas Fireplace

Schools near 254 Lake 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.

Similar Homes

Similar Sold Homes

254 Lake Street is a single family home for sale in Excelsior, MN 55331. This property was listed for sale on April 20, 2026 by Coldwell Banker Realty, it's currently listed at $4,995,000. It has been on the market for a total of 168 days and was last sold on January 31, 2023. 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. 254 Lake Street is a 4-bed, 4-bath, 4,661 sqft single family home built in 2024.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

Based on information submitted to the MLS GRID as of 04/23/2026 08:05 AM. 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.