542 3rd Avenue Excelsior, MN $ 599,000
542 3rd Avenue
$ 599,000
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542 3rd Avenue

Excelsior, MN, 55331
$ 599,000
Bedrooms4 Baths2.1 Sq 2,612

Monthly Estimate*

$ 4,137

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Single Family Home for sale in Excelsior, MN

for $599,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,612 square foot home was built in 1948 on a lot size of 0.260009.

Prime Excelsior location—walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails. This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office. Separate climate controlled studio/office ideal for remote work, fitness, or creative use. Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard. Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation. Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring. Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.

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Single Family Active

Price

$ 599,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 5,602

Style

Single Family

Lot Size

0.260009

Year Built

1948

Town/City

Excelsior

County/Region

Hennepin

MLS | Web ID

7123402

Features
General
Living Area 2612
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Dryer Range Refrigerator Washer
HOA Fee 0
Garage Spaces 0
Pool Features None
Construction Materials Frame
Year Built 1948
Electric Circuit Breakers
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 Jones & Galpins Add & Sub Galpins
Full Baths 2
Directions Hwy 7 to Christmas Lake Rd then take a right on Division St. Take a left on 2nd Ave and at the 1st stop sign take a left on to Wheeler Drive. Stay on Wheeler until you get to Mill St take a right on
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 5602
Additional Parcels Y/N N
Virtual Tour https://app.archi-pix.com/sites/eojdzzko/unbranded
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors Main Floor Primary Bedroom Patio Washer/Dryer Hookup
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Interior
Basement Block Finished
Total Fireplaces 2
Fireplace Features Brick Wood Burning
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 2196
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 416
Total Baths 3
Bath Desc 1/2 Basement Main Floor Full Bath Upper Level Full Bath
Dining Room Description Informal Dining Room
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Fencing None
Parking Features Asphalt
Water Source City Water/Connected
Lot Size Area 11326
Building Area Total 2931
Lot Dimensions 128x91x129x86
Waterfront Y/N N
Foundation Area 1636
Road Frontage Type City Street
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Internal Only
Street Number 1 542
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* Excluded Features
List By
Coldwell Banker Realty

Broker

dphilp@cbburnet.com

Email

Affordability Calculator

$4,604
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,137
Monthly Property Taxes
$467
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
9/3/2026$599,000 -4.77% Price Down
8/7/2026$629,000 Listed Price

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542 3rd Avenue, Excelsior, MN, 55331 is a Single Family Home for sale at $599,000 with 2,612 sqft and a lot size of 0.260009. 542 3rd Avenue has 4 bedrooms, 2.1 baths, and was built in 1948. The property's zip code is 55331 which is in Excelsior, MN