1000 Gale Island Excelsior, MN $ 7,250,000
1000 Gale Island
$ 7,250,000
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1000 Gale Island

Excelsior, MN, 55331
$ 7,250,000
Bedrooms3 Baths2.1 Sq 1,351

Monthly Estimate*

$ 50,074

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Single Family Home for sale in Excelsior, MN

for $7,250,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,351 square foot home was built in 1874 on a lot size of 2.

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 showing requests.***

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Single Family Active

Price

$ 7,250,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 23,202

Style

Single Family

Lot Size

2

Year Built

1874

Town/City

Excelsior

County/Region

Hennepin

MLS | Web ID

7032563

Features
General
Living Area 1351
Sewer Private Sewer
Heating Forced Air
Cooling Central Air
Roof Shake
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
HOA Fee 0
Garage Spaces 0
Year Built 1874
View Panoramic
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Other Structures Guest House Other Second Residence
Full Baths 0
Directions Directly north off Excelsior Commons to island. Use Gale Island in GPS.
City Shorewood
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 23202
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Dock Hardwood Floors Kitchen Center Island Kitchen Window
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Interior
Basement None
Total Fireplaces 2
Fireplace Features Stone
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 1351
Half Baths 1
1/4 Baths 0
3/4 Baths 2
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 3
Dining Room Description Eat In Kitchen Living/Dining Room
Fuel Other
Waterfront Feet 1841
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Exterior
Parking Features None
Lot Features Island/Peninsula
Water Source Well
Lot Size Area 2
Building Area Total 0
Lot Dimensions Irregular
Waterfront Y/N Y
Foundation Area 1250
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Internal Only
Street Number 1 1000
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jdewing@cbburnet.com

Email

Affordability Calculator

$52,007
Per Month
96%
4%
0%
Monthly Principal & Interest
$50,074
Monthly Property Taxes
$1,934
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
8/11/2026$7,250,000 Listed Price

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1000 Gale Island, Excelsior, MN, 55331 is a Single Family Home for sale at $7,250,000 with 1,351 sqft and a lot size of 2. 1000 Gale Island has 3 bedrooms, 2.1 baths, and was built in 1874. The property's zip code is 55331 which is in Excelsior, MN