4940 Meadville St

5,963 Sq. Ft.
$805 / Sq. Ft.
5,963
Sq. Ft.
$805
per Sq. Ft.

Description

128' of Lake Minnetonka lakeshore. Private detached Guest House sleeps 6. Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide...128' of Lake Minnetonka lakeshore. Private detached Guest House sleeps 6. Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay? Check out the charming nautical-theme guest house complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original 1905 lakeside boathouse, three separate outdoor patios and expansive flower landscaping. Recent home updates include a new 2024 roof, fresh paint, new light fixtures, window enhancements and landscaping. Enjoy a prime location with easy access to the Lake Minnetonka Regional Trail, downtown Excelsior, and Cottagewood neighborhood. Don't hesitate, enjoy living the Lake Minnetonka lifestyle today! 276-Minnetonka Schools
  1. Listed by Keller Williams Premier Realty Lake Minnetonka

Property Details for 4940 Meadville Street

Subdivision Name
Auditors Sub 141
View
Lake, Panoramic, West
Waterfront Features
Dock, Lake Front, Lake View
Zoning Jurisdiction
Residential-Single Family

Open Houses

Sunday, Feb 15th

12:30 PM - 2:30 PM

Public

LISTING UPDATED: 02/12/2026 12:38 PM

Property Details for 4940 Meadville Street

StatusActive
MLS #6773074
Days on Compass145
Taxes$63,182 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1995
Lot Size0.45 AC / 19,602 SF
CountyHennepin County

Location

Listing Courtesy of Keller Williams Premier Realty Lake Minnetonka
Add your commute

Building Information for 4940 Meadville Street

Stories-Year Built1995Building Size-Lot Size0.45 AC / 19,602 SF

Payment Calculator

$28,660 per month

30 year fixed, 6.15% Interest

Principal and Interest

$23,394

Property Taxes

$5,265

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4940 Meadville Street

Summary
Location and General Information
  • City Name: Excelsior
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: HWY 7 to Christmas Lake Rd go North, West on Excelsior Blvd., North on Minnetonka Blvd., to Meadville Street
  • Latitude: 44.914031
  • Longitude: -93.557468
  • Nbr of Acres: 14206
  • Lake Bottom: Sand
  • Lake Name: General Development
  • PLAT: 113
  • Map Coordinate: 117-E2
  • 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
  • Water Body Name: Minnetonka
  • Waterfront Footage: 27013300
  • Waterfront Frontage: 128
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 2611723240003
  • Tax Annual Amount: $63,182.00
  • Tax Legal Description: LOT 121 AUDITOR'S SUBD. NO. 141
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 63182
School Information
  • High School District: 1246 - Minnetonka
  • School District Number: 1246
  • School District Phone: 9524015000
Property
Lot Information
  • Above Grade Fin SQFT: 4323.0
  • Below Grade Fin SQFT: 1640.0
  • SQFT Total: 5963.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.45
  • Lot Size Dimensions: S125x160xL125x155
  • Lot Size Units: Acres
  • Other Structures: Boat House, Guest House
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 3002
  • Above Grade SqFt Total: 4323
  • Below Grade SqFt Total: 3002
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Elevator Installed, Door Lever Handles, Wheelchair Ramp(s)
  • Fencing: Invisible
  • Foundation Area: 3002.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Roof: Age 8 Years or Less, Asphalt
  • Patio Porch Type: Deck,Patio
Interior Features
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Basement Type: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
  • Amenities Unit: Balcony,Deck,Dock,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Panoramic View,Boat Slip,In-Ground Sprinkler,Tennis Court,Vaulted Ceiling(s),Wet Bar,Walk-In Closet
  • Bath Desc: 1/2 Basement,Double Sink,Bathroom Ensuite,Full Primary,Main Floor Full Bath,Separate Tub & Shower,Upper Level Full Bath
  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 6
  • Bedrooms Total: 4
  • Fireplace Features: Brick, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
  • Fireplaces Total: 4
  • Cooling: Central Air
  • Dining Room Description: Breakfast Area,Eat In Kitchen,Informal Dining Room,Separate/Formal Dining Room
  • Garage Dimensions: 37x24
  • Garage Square Feet: 838
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Main Level
  • Levels: One
  • Room List: Bar/Wet Bar Room, Billiard, Dining Room, Family Room, Bedroom, Bedroom 4, Great Room, Guest House, Kitchen, Laundry, Office, Bedroom 2, Storage, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 20x9
  • Room Level: Lower
  • Room Type: Bar/Wet Bar Room
Room 2
  • Room Dimensions: 27x15
  • Room Level: Lower
  • Room Type: Billiard
Room 3
  • Room Dimensions: 15x14
  • Room Level: Main
  • Room Type: Dining Room
Room 4
  • Room Dimensions: 24x16
  • Room Level: Lower
  • Room Type: Family Room
Room 5
  • Room Dimensions: 19x16
  • Room Level: Main
  • Room Type: Bedroom
Room 6
  • Room Level: Main
  • Room Type: Bedroom 4
Room 7
  • Room Dimensions: 19x15
  • Room Level: Main
  • Room Type: Great Room
Room 8
  • Room Level: Main
  • Room Type: Guest House
Room 9
  • Room Dimensions: 19x15
  • Room Level: Main
  • Room Type: Kitchen
Room 10
  • Room Level: Main
  • Room Type: Laundry
Room 11
  • Room Dimensions: 14.5x11
  • Room Level: Main
  • Room Type: Office
Room 12
  • Room Dimensions: 16x15
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 13
  • Room Level: Lower
  • Room Type: Storage
Room 14
  • Room Dimensions: 16x14.5
  • Room Level: Upper
  • Room Type: Bedroom 3

Property History for 4940 Meadville Street

DateEvent & SourcePriceAppreciation
Feb 12, 2026

Price Change

NorthStar #6773074

$4,800,000—
Feb 12, 2026

Listed (Active)

NorthStar #6773074

—
Feb 1, 2026

Off Market

NorthStar #6773074

—
Jan 31, 2026

Listed (Active)

NorthStar #6773074

—
Jan 6, 2026

Off Market

NorthStar #6773074

—
Sep 11, 2025

Price Change

NorthStar #6773074

$4,999,995—
Aug 15, 2025

Price Change

NorthStar #6773074

$5,200,000—
Aug 15, 2025

Listed (Active)

NorthStar #6773074

—
Aug 15, 2025

Off Market

NorthStar #6592306

—
Jul 30, 2025

Price Change

NorthStar #6592306

$5,225,000—
Apr 21, 2025

Listed (Active)

NorthStar #6592306

—
Apr 12, 2025

In Contract

NorthStar #6592306

—
Sep 9, 2024

Listed (Active)

NorthStar #6592306

$5,450,000—
Aug 26, 2024

Off Market

NorthStar #6424281

—
Sep 5, 2023

Listed (Active)

NorthStar #6424281

$6,395,000—
Jul 31, 2023

Sold (Public Record)

Public Record #1515870333

$5,050,000

+2.0% / yr

Jul 31, 2023

Sold

NorthStar #6359345

$5,050,000—
Jul 25, 2023

Pending

NorthStar #6359345

—
Jun 3, 2023

Off Market

NorthStar #6359345

—
Jun 3, 2023

In Contract

NorthStar #6359345

—
Jun 1, 2023

Listed (Active)

NorthStar #6359345

$5,750,000—
Feb 6, 2006

Sold (Public Record)

Public Record #190984608

$3,600,000—
DateEvent & SourcePrice
02/12/2026

Price Change

NorthStar #6773074

$4,800,000
02/12/2026

Listed (Active)

NorthStar #6773074

—
02/01/2026

Off Market

NorthStar #6773074

—
01/31/2026

Listed (Active)

NorthStar #6773074

—
01/06/2026

Off Market

NorthStar #6773074

—
09/11/2025

Price Change

NorthStar #6773074

$4,999,995
08/15/2025

Price Change

NorthStar #6773074

$5,200,000
08/15/2025

Listed (Active)

NorthStar #6773074

—
08/15/2025

Off Market

NorthStar #6592306

—
07/30/2025

Price Change

NorthStar #6592306

$5,225,000
04/21/2025

Listed (Active)

NorthStar #6592306

—
04/12/2025

In Contract

NorthStar #6592306

—
09/09/2024

Listed (Active)

NorthStar #6592306

$5,450,000
08/26/2024

Off Market

NorthStar #6424281

—
09/05/2023

Listed (Active)

NorthStar #6424281

$6,395,000
07/31/2023

Sold (Public Record)

Public Record #1515870333

$5,050,000

+2.0% / yr

07/31/2023

Sold

NorthStar #6359345

$5,050,000
07/25/2023

Pending

NorthStar #6359345

—
06/03/2023

Off Market

NorthStar #6359345

—
06/03/2023

In Contract

NorthStar #6359345

—
06/01/2023

Listed (Active)

NorthStar #6359345

$5,750,000
02/06/2006

Sold (Public Record)

Public Record #190984608

$3,600,000

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

Public Records for 4940 Meadville Street

Taxable ValueLand$3,294,500Additions$1,931,200Total$5,225,700
Tax Record2025$64,365 ($5,364 / month)
Home Facts
Beds5Baths5Total Finished SqFt594 SqFtAbove Grade Finished SqFt594 SqFtStories2Lot Size19,602 SqFtStyleSingle Family ResidenceYear Built1995Year Renovated2005CountyHENNEPINAPN26-117-23-24-0003Fireplace TypeHas Fireplace

Schools near 4940 Meadville 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

4940 Meadville Street is a single family home for sale in Excelsior, MN 55331. This property was listed for sale on August 15, 2025 by Keller Williams Premier Realty Lake Minnetonka, it's currently listed at $4,800,000. It has been on the market for a total of 145 days and was last sold on July 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. 4940 Meadville Street is a 4-bed, 6-bath, 5,963 sqft single family home built in 1995.

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 makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Premier Realty Lake Minnetonka

Based on information submitted to the MLS GRID as of 02/12/2026 12:38 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.