138 2nd Street Excelsior, MN $ 2,495,000
138 2nd Street
$ 2,495,000
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138 2nd Street

Excelsior, MN, 55331
$ 2,495,000
Bedrooms5 Baths4.1 Sq 4,527

Monthly Estimate*

$ 17,232

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Single Family Home for sale in Excelsior, MN

for $2,495,000 with 5 bedrooms and 4 full baths, 1 half bath. This 4,527 square foot home was built in 2026 on a lot size of 0.201974.

This to-be-built custom home by Zehnder Homes offers an exceptional opportunity to create a truly personalized luxury residence just two blocks from both Excelsior Commons and the charm of Water Street. Set on an 88' wide lot, this rare walkout lot provides the perfect setting for your dream home. Enjoy walkable access to Lake Minnetonka, local dining, shops, and year-round community events all from one of the most sought-after locations in the west metro. Designed with over 4,500 finished square feet, this five-bedroom, five-bath home will showcase the elevated craftsmanship and thoughtful design Zehnder Homes is known for. The open-concept main level is planned for both everyday living and effortless entertaining, featuring expansive living spaces, a gourmet kitchen with high-end appliances, custom cabinetry, and a generous butler's pantry. Upstairs, a luxurious primary suite will offer a spa-inspired bath and oversized walk-in closet, complemented by well appointed secondary bedrooms and convenient upper-level laundry. The walkout lower level provides additional living and entertaining space, featuring a recreation area, bar, and fitness room, all tailored to your lifestyle. With ample opportunity to collaborate on final plans, selections, and finishes, this home presents a unique chance to bring your vision to life in an unbeatable Excelsior location.

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Single Family Pending

Price

$ 2,495,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 9,363

Style

Single Family

Lot Size

0.201974

Year Built

2026

Town/City

Excelsior

County/Region

Hennepin

MLS | Web ID

7046880

Features
General
Living Area 4527
Sewer City Sewer/Connected
Heating Forced Air Humidifier In-Floor Heating Zoned
Cooling Central Air Zoned
Roof Age 8 Years or Less Architectural Shingle Asphalt Pitched
Appliances Air-To-Air Exchanger Cooktop Dishwasher Disposal Double Oven Dryer ENERGY STAR Qualified Appliances Exhaust Fan Freezer Humidifier Gas Water Heater Water Filtration System Microwave Range Refrigerato
HOA Fee 0
Garage Spaces 3
Pool Features None
Construction Materials Concrete Frame
Year Built 2026
Electric Circuit Breakers 200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Sheldons Add To Excelsior
Full Baths 2
Directions From Hwy 7 take 2nd exit house is on left.
City Excelsior
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9363.21
Additional Parcels Y/N N
Builder Name ZEHNDER HOMES INCORPORATED
Standard Status Pending
Lender Owned No
Amenities Unit Cable Deck Ethernet Wired Exercise Room French Doors Hardwood Floors Kitchen Center Island Local Area Network Primary Bedroom Walk-In Closet Multiple Phone Lines Natural Woodwork Patio Paneled Doors
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Interior
Basement Drain Tiled Finished Full Concrete Sump Basket Sump Pump Tile Shower Walkout
Total Fireplaces 1
Fireplace Features Circulating Gas Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 3348
Half Baths 1
1/4 Baths 0
3/4 Baths 2
Laundry Features Electric Dryer Hookup Laundry Room Sink Upper Level
Total Bedrooms 5
Below Grade Finished Area 1179
Total Baths 5
Bath Desc 3/4 Basement Double Sink Bathroom Ensuite Full Primary His and Her Closets Full Jack & Jill Private Primary Main Floor 1/2 Bath Separate Tub & Shower Upper Level 3/4 Bath Upper Level Full Bath
Dining Room Description Eat In Kitchen Informal Dining Room Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 30x22
Garage Door Width 8
Garage Square Feet 680
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Exterior
Fencing None
Parking Features Attached Garage Concrete Electric Vehicle Charging Station(s) Floor Drain Finished Garage Garage Door Opener Heated Garage Insulated Garage
Lot Features Public Transit (w/in 6 blks) Sod Included in Price Tree Coverage - Medium Underground Utilities
Water Source Well
Lot Size Area 8798
Building Area Total 4729
Lot Dimensions 88x100
Waterfront Y/N N
Foundation Area 1379
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 138
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* Excluded Features
List By
Re/Max Results

Broker

ericzehnder@zehnderhomes.com

Email

Affordability Calculator

$18,013
Per Month
96%
4%
0%
Monthly Principal & Interest
$17,232
Monthly Property Taxes
$780
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708531 Elementary School
708355 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$2,495,000 Listed Price

Map


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138 2nd Street, Excelsior, MN, 55331 is a Single Family Home for sale at $2,495,000 with 4,527 sqft and a lot size of 0.201974. 138 2nd Street has 5 bedrooms, 4.1 baths, and was built in 2026. The property's zip code is 55331 which is in Excelsior, MN