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301 3rd Street

Excelsior, MN 55331

4 beds
4 baths
3,888 sqft
6,969 sqft lot
$617 per sqft
2025 build
– on site

Don’t miss your opportunity to build a luxurious home in the heart of historic Excelsior, where timeless charm meets exceptional craftsmanship. This custom home is to be built, with final design and features tailored to the Buyer’s preferences. The illustrated floor plan highlights elegant main-level living, including a gourmet kitchen with a center island, spacious dining area, inviting living room with gas fireplace, and luxurious primary suite. The upper level offers two additional bedrooms, a three-quarter bath, and versatile loft space. The finished lower level is perfect for entertaining, featuring a family room with gas fireplace, wet bar, guest bedroom, and full bathroom. All features and dimensions are subject to change based on Buyer selections. Buyer and Buyer’s Agent to verify all information. Prime location with a short walk to the shores of Lake Minnetonka and Water Street, where you can explore Excelsior’s charming boutiques, restaurants, coffee shops, and grocery. Explore miles of scenic trails along the Lake Minnetonka LRT Regional Trail. No matter the season, this location provides access to the highly sought-after Lake Minnetonka lifestyle.

Listing courtesy of NORTHSTAR / Sarah Polovitz / Compass

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

MLS# 6716063 —

The Building

Year Built:

2025
New Construction:

true
Builder Name:

GONYEA HOMES AND REMODELING
Construction Materials:

Engineered Wood
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1553.0000
Basement:

Finished
Basement:

true
Foundation Area:

1300
Manufactured Home:

No
Building Area Total:

4141
Above Grade Finished Area:

2588
Below Grade Finished Area:

1300

Interior

Dining Room Description:

Breakfast Area,Eat In Kitchen,Kitchen/Dining Room
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Family Room, Gas, Living Room

Room Dimensions

Living Area:

3888

Location

Directions:

Water Street to 3rd Street
Latitude:

44.903243
Longitude:

-93.56886

The Property

Parcel Number:

34117231100800
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Size Area:

0.16
Lot Size Dimensions:

53x135
Lot Size SqFt:

6969.6
Lot Size Units:

Acres
Road Frontage Type:

City Street, Curbs, Paved Streets
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

10480
Tax With Assessments:

10479.6400

Beds

Bedrooms Total:

4

Baths

Total Baths:

4
Bath Description:

Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath,Walk-In Shower Stall
Full Baths:

3
Half Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Auditors Sub 135
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage
Garage Spaces:

2
Garage Dimensions:

23x22
Garage SqFt:

506

Monthly cost estimate

Asking price

$2,400,000

Expense	Monthly cost
Mortgage	$12,851
Taxes	$873
Insurance	$660
Utilities	$160 See report
Total	$14,544/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Provided by HowLoud

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Sale history

Date	Event	Source	Price	% Change
5/6/25 May 6, 2025	Listed / Active	NORTHSTAR	$2,400,000	416.1% (89.6% / YR)
9/14/20 Sep 14, 2020		NORTHSTAR	$465,000	-6.8%
9/9/20 Sep 9, 2020		NORTHSTAR	$499,000	5.6% (3.9% / YR)

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This house located in Excelsior, MN 55331 is currently for sale for $2,400,000. 301 3rd Street is a 3,888 square foot house with 4 beds and 4 baths that has been on Estately for 3 days. This house is in the attendance area of Middle School West, Excelsior Elementary School, and Minnetonka High School.

Listing Courtesy of: NORTHSTAR and Compass.

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.