163 2nd Street, Excelsior, MN 55331

$1,850,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,742 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $1,850,000 List Date: 4/16/2026 Last Modified: 6/18/2026

Overview

Description

Rare new construction in the heart of Excelsior with estimated completion mid-July, just minutes from Lake Minnetonka. This custom, fully finished luxury rambler offers elevated design and true one-level living in one of the West Metro’s most sought-after locations. Soaring vaulted ceilings and a light-filled open layout create an impressive architectural design, anchored by a statement fireplace wall and a chef-inspired kitchen with quartz surfaces, custom cabinetry, walk-in pantry, and an oversized island built for gathering. The main-level primary suite is a private retreat with a generous walk-in closet. A dedicated office and main-floor laundry add everyday convenience. The fully finished lower level provides exceptional flexibility with a large family room, three additional bedrooms, and two baths, ideal for guests or multi-generational living. Enjoy a truly walkable lifestyle with lakeside dining, shopping at the Village shops, Kowalski's Market just 4 blocks away, a regio ...

Listing Details MLS# 7047304

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Projected Completion Date
2026-07-16
Waterfront YN
No
Year Built
2026
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1378
Above Grd Total SqFt
1378
Below Grd Total SqFt
1364
Total SqFt
2742
Total Finished Sqft
2633.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1378
Garage Stalls
2
Lot Dimensions
66x124x61x123
Acres
0.18
Assessment Pending
No
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Local Area Network; Main Floor Primary Bedroom; Porch; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Bath Description: Main Floor 1/2 Bath; 3/4 Primary; Private Primary; Full Basement; Two Basement Baths Construction Materials: Concrete; Frame Construction Status: Under Construc/Spec Homes Dining Room Description: Kitchen/Dining Room Electric: 200+ Amp Service Exterior: Brick/Stone; Engineered Wood; Shakes Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Great Room; Lower Level; Main Level Fireplace Characteristics: Electric; Living Room Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Laundry Room; Main Level; Washer Hookup Lot Description: Tree Coverage - Light Road Frontage: City Street; Paved Streets Roof: Asphalt Shingles Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; FHA; MHFA/WHEDA; VA Sewer: City Sewer/Connected Special Search: 3 BR on One Level; All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
1850000
ListPrice
1850000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
163
Street Name
2nd
Street Suffix
Street
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Auditors Sub 135

Assessments

Tax With Assessments
9186
Assessment Balance
0

Builder Information

Builder ID
PRICE CUSTOM HOMES
Builder License Number
638046
Builder Name
PRICE HOMES

More Information

Building Information

Availability Dt for Closing
2026-07-16
Finished SqFt Above Ground
1378
Finished SqFt Below Ground
1255

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x22
Garage Door Height
8
Garage Door Width
18
Garage Square Feet
484

Public Survey Info

Range#
23
Section#
34
Township#
117

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
THAT PART OF THE FOLLOWING DESCRIBED PROPERTY: LOT 272, EXCEPT THAT PART LYING NORTHEASTERLY OF THE NORTHWESTERLY EXTENSION OF THE SOUTHWESTERLY LINE OF LOT 3, PAGE AND MCGRATH\'S SUBDIVISION, HENNEPIN COUNTY, MINNESOTA WHICH LIES NORTHWESTERLY OF A LINE DRAWN FROM A POINT ON THE SOUTHWESTERLY LINE OF THE ABOVE DESCRIBED PROPERTY DISTANT 66.00 FEET SOUTHEASTERLY, AS MEASURED ALONG SAID SOUTHWESTERLY LINE FROM THE MOST WESTERLY CORNER OF SAID ABOVE DESCRIBED PROPERTY TO A POINT ON THE NORTHEASTERLY LINE OF SAID ABOVE DESCRIBED PROPERTY DISTANT 60.80 FEET SOUTHEASTERLY, AS MEASURED ALONG SAID NORTHEASTERLY LINE FROM THE MOST NORTHERLY CORNER OF SAID ABOVE DESCRIBED PROPERTY
Listing City
Excelsior
Map Page
117
Municipality
Excelsior
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
1715
Property ID Number
3411723120175
Tax Year
2026
Tax Amount
9186
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Rare new construction in the heart of Excelsior with estimated completion mid-July, just minutes from Lake Minnetonka. This custom, fully finished luxury rambler offers elevated design and true one-level living in one of the West Metro’s most sought-after locations. Soaring vaulted ceilings and a light-filled open layout create an impressive architectural design, anchored by a statement fireplace wall and a chef-inspired kitchen with quartz surfaces, custom cabinetry, walk-in pantry, and an oversized island built for gathering. The main-level primary suite is a private retreat with a generous walk-in closet. A dedicated office and main-floor laundry add everyday convenience. The fully finished lower level provides exceptional flexibility with a large family room, three additional bedrooms, and two baths, ideal for guests or multi-generational living. Enjoy a truly walkable lifestyle with lakeside dining, shopping at the Village shops, Kowalski's Market just 4 blocks away, a regional trail to Carver Park, and recreation at Excelsior Commons Park with beaches, docks, tennis courts, and year-round activities along Lake Minnetonka. A rare opportunity to own new construction in a location where it is increasingly hard to find.
Directions
Hwy 7 to 2nd Street, continue on 2nd St, House on Right

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Local Area Network
Yes
Main Floor Primary Bedroom
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Air-To-Air Exchanger
Yes
Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Bath Description

Main Floor 1/2 Bath
Yes
3/4 Primary
Yes
Private Primary
Yes
Full Basement
Yes
Two Basement Baths
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Under Construc/Spec Homes
Yes

Dining Room Description

Kitchen/Dining Room
Yes

Electric

200+ Amp Service
Yes

Exterior

Brick/Stone
Yes
Engineered Wood
Yes
Shakes
Yes

Family Room Characteristics

2 or More
Yes
2 Story/High/Vaulted Ceilings
Yes
Family Room
Yes
Great Room
Yes
Lower Level
Yes
Main Level
Yes

Fireplace Characteristics

Electric
Yes
Living Room
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Electric Dryer Hookup
Yes
Laundry Room
Yes
Main Level
Yes
Washer Hookup
Yes

Lot Description

Tree Coverage - Light
Yes

Patio, Porch and Deck Features

Covered
Yes
Front Porch
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Adj. Rate/Gr Payment
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
MHFA/WHEDA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

3 BR on One Level
Yes
All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Family Room 15x21 Lower
First (1st) Bedroom 13x14 Main
Fourth (4th) Bedroom 12x12 Lower
Kitchen 16x13 Main
Laundry 6x7 Main
Living Room 16x25 Main
Primary Bath 11x14 Main
Mud Room 6x8 Main
Office 12x12 Main
Second (2nd) Bedroom 11x14 Lower
Third (3rd) Bedroom 13x13 Lower
IDX
Listing Office: eXp Realty
Last Updated: June - 18 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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