1000 Gale Island, Excelsior, MN 55331

With your personalized portal, you can:

Save and organize your property searches
Receive real-time updates on new and updated listings
Track and monitor homes you’re interested in
Add private notes and messages for easy reference
Customize your dashboard to fit your needs

1000 Gale Island, Excelsior, MN 55331

$7,250,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,351 Lot Size (sq. ft.): 87,120 Status: Active

Current Price: $7,250,000 List Date: 8/11/2026 Last Modified: 9/08/2026

Overview

Description

Rare opportunity to own one of Lake Minnetonka’s private islands offering approximately 1,841’ of unparalleled lakeshore! Throughout the last 150 years, Gale Island has evolved into a one-of-a-kind compound where generations have gathered to celebrate summers, holidays, and lifelong traditions. The original Summer House was built in 1874 and is among four cabins throughout the 2 acre setting! Beautifully updated throughout the years, each structure tells its own story while maintaining it’s historical charm. The Summer House offers 3 BR/2.5 BA; the Main House 3 BR/2.5BA; the Guest House 2 BR/1BA; and the Tower offers a living area with ½ bath. Properties of this significance rarely become available-- Gale Island offers an opportunity to become the next steward of one of Lake Minnetonka’s historic landmarks! See supplement for additional information. ***Do NOT access the island without prior approval from the Listing Agent. Buyer verification of funds must accompany all showin ... (Read more)

Listing Details MLS# 7032563

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 1841
Waterfront YN: Yes
Year Built: 1874
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Three Quarters: 2
Bath Half: Yes
Total Finished Sqft: 1351.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1250
Lot Dimensions: Irregular
Acres: 2
Assessment Pending: Unknown

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Dock; Hardwood Floors; Kitchen Center Island; Kitchen Window Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: None Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Living/Dining Room Exterior: Shakes Fireplace Characteristics: Stone Foundation: Other Fuel: Other Heating: Forced Air Laundry: Main Level Lot Description: Island/Peninsula Outbuildings: Guest House; Second Residence; Other Parking Characteristics: None Roof: Shake Sewer: Private Sewer Stories: One Water: Well Waterfront Type: Lake Front Waterfront View: Panoramic

Contract Information

Contingency: None
Original List Price: 7250000
ListPrice: 7250000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1000
Street Name: Gale Island
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331

Assessments

Tax With Assessments: 23202

Building Information

Finished SqFt Above Ground: 1351

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Township#: 117

Documents

Property Features ›

Listing Office: Coldwell Banker Realty

Last Updated: September - 08 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.