Last Sold Price
3 beds1,925 sqft$652/sqft
4 1st St, Excelsior, MN 55331

Description

Extremely rare opportunity to own a spacious townhome just steps from “A-grade” Gideon’s Bay on iconic Lake Minnetonka in Downtown Excelsior! All three townhome owners are able to have a boat slip, and with none currently in use, the new owner can dock their boat immediately in the installed slip—no wait. Enjoy exceptional hard sand shoreline & private beach—complete with front-row views of the spectacular 4th of July fireworks. From the moment you walk in, you're greeted by panoramic lake views...Extremely rare opportunity to own a spacious townhome just steps from “A-grade” Gideon’s Bay on iconic Lake Minnetonka in Downtown Excelsior! All three townhome owners are able to have a boat slip, and with none currently in use, the new owner can dock their boat immediately in the installed slip—no wait. Enjoy exceptional hard sand shoreline & private beach—complete with front-row views of the spectacular 4th of July fireworks. From the moment you walk in, you're greeted by panoramic lake views and inviting living spaces, including multiple seating areas perfect for entertaining or relaxing with a large paver patio outside. The kitchen features rich hardwood cabinetry, granite countertops, and a layout that flows seamlessly into the main living areas. Upstairs, you'll find three generously sized bedrooms—all conveniently located on the same level—with stunning lake views from every room. Ideally located within walking distance to The Commons, Downtown Excelsior boutique shops & restaurants, and the Lake Minnetonka Regional Trail. Pet-friendly. No rentals. Bring your boat + boat lift, family + friends—Lake Life is calling—don’t miss this rare Excelsior lake gem!
LISTING CLOSED: 09/19/2025 12:00 AM

Listing Agent

  1. Dominic Jankowski

    Dominic Jankowski

    Listing Agent

    Coldwell Banker Realty

    P: (952) 473-3000

    M: (612) 961-6995

Property Details for 4 1st Street

Status
MLS #
6752598
Days on Compass
9
Taxes
$12,389 / year
HOA Fees
$150 / month
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Townhouse Side x Side
Year Built
1974
Lot Size
0.03 AC / 1,306 SF
Subdivision Name
Gideon Bay Townhomes
View
Bay, Lake
Waterfront Features
Association Access, Deeded Access, Dock, Lake Front, Lake View
Waterfront YN
Yes
Zoning Jurisdiction
Residential-Single Family

Recent comparable sales

Median sold price

$900,000

Avg days on market

24

Excelsior, MN

9 comparable properties found

$442,000 | 5220 Spring Circle, Excelsior, MN 55331
1

$442,000

Sold 01/05/26

3
Bedrooms
2,022
Square Feet
0.09
Acres
2

$1,050,000

Sold 12/30/24

3
Bedrooms
2.25
Bathrooms
1,819
Square Feet
0.74
Acres
$900,000 | 210 George Street, Excelsior, MN 55331
1/2
3

$900,000

Sold 03/31/26

3
Bedrooms
1,818
Square Feet
0.16
Acres
$880,000 | 460 3rd Street, Excelsior, MN 55331
1/44
4

$880,000

Sold 06/26/26

2
Bedrooms
2,076
Square Feet
0.03
Acres
$930,000 | 50 Willow Wood Drive, Excelsior, MN 55331
5

$930,000

Sold 12/15/25

3
Bedrooms
2,100
Square Feet
0.47
Acres
$1,201,000 | 2497 Kelly Avenue, Excelsior, MN 55331
1/47
6

$1,201,000

Sold 06/05/26

3
Bedrooms
2,201
Square Feet
2.30
Acres
$841,000 | 452 3rd Street, Excelsior, MN 55331
1/2
7

$841,000

Sold 12/04/25

2
Bedrooms
2,076
Square Feet
0.03
Acres
$1,084,895 | 205 Mill Street, Unit S301, Excelsior, MN 55331
1/40
8

$1,084,895

Sold 09/12/25

2
Bedrooms
1,862
Square Feet
Unavailable
Acres
$796,500 | 448 3rd Street, Excelsior, MN 55331
1/25
9

$796,500

Sold 08/15/25

2
Bedrooms
1,858
Square Feet
0.02
Acres

Location

Add your commute

Building Information for 4 1st Street

Stories-Residences-Year Built1974Building Size-Lot Size0.03 AC / 1,306 SF

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30 year fixed, 6.55% Interest

Principal and Interest

$6,379

Property Taxes

$1,032

HOA Dues

$150

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Property Information for 4 1st Street

Summary
Location and General Information
  • City Name: Excelsior
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Excelsior to Lake Street to 1st St
  • Latitude: 44.907842
  • Longitude: -93.570282
  • Nbr of Acres: 14205
  • Lake Bottom: Hard, Excellent Sand
  • Lake Chain: N
  • Lake Name: General Development
  • PLAT: 113
  • Map Coordinate: 117-E3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Excelsior
  • City and Location Text: Excelsior(MN)
  • Postal Code: 55331
  • State Or Province: MN
  • Public Survey Township: 117
  • Waterfront Property YN: No
  • Waterfront Footage: 27013300
  • Waterfront Frontage: 135
  • Waterfront Desc: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $150.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Dock, Hazard Insurance, Lawn Care, Snow Removal
  • Association Name: Cheryl Plaziak
  • Association Phone: 952-393-6223
  • Association: Yes
  • Parcel Number: 2711723430025
  • Tax Annual Amount: $12,389.00
  • Tax Legal Description: LOT 002 BLOCK 001 GIDEON BAY TOWNHOUSES
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 12390.0000
School Information
  • High School District: 276 - Minnetonka
  • School District Number: 276
  • School District Phone: 952-401-5000
Property
Lot Information
  • Above Grade Fin SQFT: 1925.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1925.0
  • Lot Features: Accessible Shoreline, Public Transit (w/in 6 blks), Some Trees
  • Lot Size Area: 0.03
  • Lot Size Dimensions: 135' of lakeshore/common
  • Lot Size Square Feet: 1306.8
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: Townhouse Side x Side
  • Property Type: Residential
  • SQFT Main Total: 985.0000
  • Building Area Total: 1925.0
  • Above Grade SqFt Total: 1925.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 51
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Beach, Dock
  • Foundation Area: 1013.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Cul De Sac, Paved Streets, Private Road
  • Roof: Asphalt
  • Patio Porch Type: Patio
Interior Features
  • Appliances: Chandelier, Dishwasher, Microwave, Refrigerator
  • Basement Type: None
  • Amenities Unit: Dock,Hardwood Floors,Patio,Boat Slip,Washer/Dryer Hookup
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 3
  • Bedrooms Total: 3
  • Fireplace Features: Two Sided, Gas
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Breakfast Area,Informal Dining Room
  • Garage Dimensions: 21x21
  • Garage Door Height: 7
  • Garage Door Width: 16
  • Garage Square Feet: 462
  • Heating: Forced Air, Fireplace(s)
  • Levels: Two
  • TH Characteristics: Multi-Level
  • Room Type: Patio, Living Room, Informal Dining Room, Kitchen, Pantry (Walk-In), Foyer, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Primary Bathroom, Bathroom
  • Room List: Patio, Living Room, Informal Dining Room, Kitchen, Pantry (Walk-In), Foyer, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Primary Bathroom, Bathroom
  • Basement YN: No
Room Information
Room 1
  • Room Dimensions: 20x29
  • Room Level: Main
  • Room Type: Patio
Room 2
  • Room Dimensions: 25x15
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Dimensions: 17x12
  • Room Level: Main
  • Room Type: Informal Dining Room
Room 4
  • Room Dimensions: 19x20
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 5x11
  • Room Level: Main
  • Room Type: Pantry (Walk-In)
Room 6
  • Room Dimensions: 11x9
  • Room Level: Main
  • Room Type: Foyer
Room 7
  • Room Dimensions: 5x13
  • Room Level: Main
  • Room Type: Laundry
Room 8
  • Room Dimensions: 19x16
  • Room Level: Upper
  • Room Type: Bedroom 1
Room 9
  • Room Dimensions: 13x10
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 10
  • Room Dimensions: 11x13
  • Room Level: Upper
  • Room Type: Bedroom 3
Room 11
  • Room Dimensions: 5x14
  • Room Level: Upper
  • Room Type: Walk In Closet
Room 12
  • Room Dimensions: 6x10
  • Room Level: Upper
  • Room Type: Primary Bathroom
Room 13
  • Room Dimensions: 12x8
  • Room Level: Upper
  • Room Type: Bathroom

Property History for 4 1st Street

DateEvent & SourcePriceAppreciation
Sep 19, 2025

Sold

NorthStar #6752598

$1,255,000
Sep 17, 2025

Sold (Public Record)

Public Record #1914257519

$1,255,000

+226.8% / yr

Aug 10, 2025

Pending

NorthStar #6752598

DateEvent & SourcePrice
09/19/2025

Sold

NorthStar #6752598

$1,255,000
09/17/2025

Sold (Public Record)

Public Record #1914257519

$1,255,000

+226.8% / yr

08/10/2025

Pending

NorthStar #6752598

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

Public Records for 4 1st Street

Taxable ValueLand$680,000Additions$331,300Total$1,011,300
Tax Record2025$13,597 ($1,133 / month)
Home Facts
Beds3Baths2.2Total Finished SqFt2,084 SqFtAbove Grade Finished SqFt2,084 SqFtStories2Lot Size1,307 SqFtStyleTownhouseYear Built1974Year Renovated2004CountyHENNEPINAPN27-117-23-43-0025

Schools near 4 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 - 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4 1st Street, Excelsior, MN 55331
$1,255,000
3
1,925
1,306
$205,000
3
1,680
0
$350,000
3
1,820
436
3
2.25
1,636
871
$15,955
3
1
1,196
2,178

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. 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 09/19/2025 10:45 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.