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550 Wheeler Drive

Excelsior, MN 55331

Name: Open House: 10am-12pm
Start: 2025-05-10T10:00:00
End: 2025-05-10T12:00:00
Location: 550 Wheeler Drive

4 beds
2 baths
1,790 sqft
12,196 sqft lot
$279 per sqft
1957 build
– on site

This home has all the charm you would expect to find in the village of Excelsior. Classic architecture meets today’s style of living with an open and flexible floor plan! At the center of it all is the stunning 8-foot island kitchen—truly the heart of the home—offering ample seating. The open concept allows the dining area to easily double as a cozy family room. The kitchen features stainless appliances, stainless hood, tile backsplash that extends up to the ceiling and granite countertops. Slide open the barn door to reveal a hidden gem: a spacious butler’s pantry completes with shelving, drawer storage, and room for small appliances. In-ceiling lighting ensures light, bright spaces and the cozy gas fireplace with stone surround anchors the living room. There are two main level bedroom possibilities and two bedrooms on the upper level. Two full baths, one on the main and one on the upper, feature updated vanities and fixtures. The lower level is an unfinished blank canvas, perfect for future expansion. Step outside to the patio and fenced backyard ideal for relaxing or entertaining. When you're ready to explore, you're just a short walk from all the charm and excitement of downtown Excelsior. From Music in the Park to Apple Days, the Art Fair, and the beloved 4th of July celebration, there’s always something happening just minutes from your doorstep. Improvements to the Mill Street Bridge to town with a sidewalk and bike lane are coming and will make it that much easier. Minnetonka schools too! Don’t miss this opportunity to live in this coveted Lake Minnetonka community!

Listing courtesy of NORTHSTAR / Jennifer Morris / Edina Realty, Inc.

Last checked: Checking… • Last updated May 8, 2025 •

MLS# 6716739 —

Upcoming Open Houses

Friday, 5/9
4:30pm-6pm
Saturday, 5/10
10am-12pm

The Building

Year Built:

1957
New Construction:

false
Age Of Property:

68
Construction Materials:

Brick/Stone, Vinyl Siding
Construction Materials Desc:

Block
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1202.0000
Basement:

Drain Tiled, Drainage System, Sump Pump, Unfinished
Basement:

true
Foundation Area:

1202
Manufactured Home:

No
Building Area Total:

2814
Above Grade Finished Area:

1790

Interior

Dining Room Description:

Eat In Kitchen,Kitchen/Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas, Living Room
Amenities:

Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Tile Floors,Washer/Dryer Hookup

Room Dimensions

Living Area:

1790

Location

Directions:

Hwy 7, South on Mill Street, East on Wheeler
Latitude:

44.898328
Longitude:

-93.559715

The Property

Parcel Number:

3511723320011
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Size Area:

0.28
Lot Size Dimensions:

68x221x46x210
Lot Size SqFt:

12196.8
Lot Size Units:

Acres
Road Frontage Type:

City Street, Curbs
Road Responsibility:

Public Maintained Road
Fencing:

Wire, Wood
Water Source:

City Water/Connected
Other Structures:

Storage Shed
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

5297
Tax With Assessments:

5566.0000

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Bath Description:

His and Her Closets ,Main Floor Full Bath,Upper Level Full Bath
Full Baths:

1
Three Quarter Baths:

1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers, 100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Spruce Terrace Rev
Pool Features:

None
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Asphalt, Garage Door Opener
Garage Spaces:

1
Garage Dimensions:

21x10
Garage SqFt:

210

Monthly cost estimate

Asking price

$500,000

Expense	Monthly cost
Mortgage	$2,677
Taxes	$441
Insurance	$137
Utilities	$168 See report
Total	$3,423/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price
5/7/25 May 7, 2025	Listed / Active	NORTHSTAR	$500,000
5/7/25 May 7, 2025	Coming Soon	NORTHSTAR	$500,000
1/18/18 Jan 18, 2018	Sold	NORTHSTAR

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This house located in Excelsior, MN 55331 is currently for sale for $500,000. 550 Wheeler Drive is a 1,790 square foot house with 4 beds and 2 baths that has been on Estately for 2 days. This house is in the attendance area of Middle School West, Excelsior Elementary School, and Minnetonka High School.

Listing Courtesy of: NORTHSTAR and Edina Realty, Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing 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 information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.

550 Wheeler Drive

Excelsior, MN 55331