5150 Meadville Street
Excelsior, MN, 55331 $ 5,299,900
Bedrooms4 Baths3.1 Sq 3,616 Monthly Estimate*
$ 36,605
for $5,299,900 with 4 bedrooms and 3 full baths, 1 half bath. This 3,616 square foot home was built in 1918 on a lot size of 0.4.
One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.
See more
FeaturesGeneralLiving Area 3616
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Cooktop Dishwasher Disposal Dryer Microwave Range Refrigerator Wall Oven Washer
HOA Fee 0
Garage Spaces 2
Pool Features None
Construction Materials Block
Year Built 1918
Electric Circuit Breakers
View Bay Lake North Panoramic South West
Levels Two
Property Subtype Single Family
Tax Year 2025
Waterfront Features Dock Lake Front Lake View
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Auditors Sub 141
Full Baths 2
Directions Minnetonka Blvd to Meadville to home.
City Excelsior
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 29533
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Deck Dock Hardwood Floors Kitchen Window Primary Bedroom Walk-In Closet Patio Paneled Doors Panoramic View Washer/Dryer Hookup Wet Bar
See more
InteriorBasement Block Finished Full Sump Pump
Total Fireplaces 1
Fireplace Features Family Room Stone Wood Burning
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 3111
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features Laundry Room Sink Upper Level
Total Bedrooms 4
Below Grade Finished Area 505
Total Baths 4
Bath Desc 1/2 Basement Bathroom Ensuite Private Primary Main Floor Full Bath Upper Level 3/4 Bath Upper Level Full Bath
Dining Room Description Informal Dining Room Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 20 x 23
Garage Square Feet 460
Waterfront Feet 240
See more
ExteriorParking Features Attached Garage Asphalt Garage Door Opener Guest Parking Storage
Lot Features Accessible Shoreline Island/Peninsula Tree Coverage - Medium
Water Source Well
Lot Size Area 0.4
Building Area Total 4698
Lot Dimensions Irregular
Wooded Area 0
Waterfront Y/N Y
Foundation Area 1587
Cultivated Area 0
Pasture Area 0
Road Responsibility Public Maintained Road
See more
* Excluded FeaturesList ByRe/Max Advantage PlusBroker
agentabdel@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,605
- Monthly Property Taxes
- $2,461
- 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.
Learn more about how to save NearbySingle family listings in Excelsior, MN
Average List Price $1,939,007
Percent of Sale Price 63%
About Excelsior, MN 2,273 Population
-5% Since 2002
$ 63,595 Median Income
46.37 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708531 Elementary School
708355 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/11/2026 | $5,299,900 | -7.83% | Price Down |
| 5/29/2026 | $5,750,000 | | Listed Price |