111 1st Street Excelsior, MN $ 574,900
111 1st Street
$ 574,900
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111 1st Street

Excelsior, MN, 55331
$ 574,900
Bedrooms3 Baths2.0 Sq 1,466

Monthly Estimate*

$ 3,971

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Single Family Home for sale in Excelsior, MN

for $574,900 with 3 bedrooms and 2 full baths. This 1,466 square foot home was built in 1915 on a lot size of 0.06.

Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities. Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. Bring your builder, your vision, and create something exceptional in Excelsior.

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Single Family Active

Price

$ 574,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,631

Style

Single Family

Lot Size

0.06

Year Built

1915

Town/City

Excelsior

County/Region

Hennepin

MLS | Web ID

7122163

Features
General
Living Area 0
Sewer City Sewer - In Street
Heating None
Cooling None
Roof Asphalt Pitched
HOA Fee 0
Garage Spaces 0
Pool Features None
Construction Materials Frame
Year Built 1915
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 Auditors Sub 135
Full Baths 2
Directions Water Street North on 2nd Street right on Center Street left on First Street. Home is second to last home on right.
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 5631
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full
Total Fireplaces 0
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
Fuel Natural Gas
Garage Dimensions 0
Garage Door Width 0
Garage Square Feet 0
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Exterior
Parking Features Gravel Asphalt Driveway - Other Surface
Water Source City Water - In Street
Lot Size Area 0.06
Building Area Total 2316
Lot Dimensions 75x36x75x36
Waterfront Y/N N
Foundation Area 733
Road Frontage Type Curbs Paved Streets Sidewalks Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Compass

Broker

chris.dennis@compass.com

Email

Affordability Calculator

$4,440
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$469
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
9/25/2026$574,900 -4.17% Price Down
8/17/2026$599,900 Listed Price

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111 1st Street, Excelsior, MN, 55331 is a Single Family Home for sale at $574,900 with 1,466 sqft and a lot size of 0.06. 111 1st Street has 3 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 55331 which is in Excelsior, MN