500 William Street
Excelsior, MN, 55331 $ 599,000
Bedrooms4 Baths2.0 Sq 1,873 Monthly Estimate*
$ 4,137
for $599,000 with 4 bedrooms and 2 full baths. This 1,873 square foot home was built in 1940 on a lot size of 0.16.
Live just steps from the heart of historic downtown Excelsior in this charming 1½-story bungalow offering over 1,800 finished square feet and a surprisingly versatile floor plan. The main level features two bedrooms, a full bath, inviting living room, and a beautifully updated kitchen with quartz countertops, new cabinetry, and appliances completed in 2021. Step directly from the kitchen onto the wonderful deck, where privacy fencing creates an intimate outdoor retreat perfect for morning coffee, entertaining, or unwinding at the end of the day. Upstairs, a spacious third bedroom offers the flexibility to serve as a private retreat, home office, or bonus space. The finished lower level expands the possibilities with a comfortable family room, ¾ bath, and fourth bedroom currently enjoyed as a theater room—equally suited for guests, exercise, or additional flex space. An oversized tuck-under one-car garage and desirable corner lot complete the property. Best of all, leave the car at home and enjoy the restaurants, shops, and small-town charm of downtown Excelsior, the shores of Lake Minnetonka, and the Lake Minnetonka Regional Trail—all just moments from your front door. Located within the Minnetonka School District, this is an exceptional opportunity to enjoy one of the Twin Cities’ most beloved lakeside communities.
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FeaturesGeneralLiving Area 1873
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher Dryer Gas Water Heater Microwave Range Refrigerator Stainless Steel Appliances Washer
HOA Fee 0
Garage Spaces 1
Construction Materials Frame
Year Built 1940
Electric Circuit Breakers 100 Amp Service
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Wilcox Sub Of Lts Exc & Snells
Full Baths 1
Directions Highway 7 north on Oak St. At the corner of William Street and Oak Street.
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 6473
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Cable Ceiling Fan(s) Deck Hardwood Floors Main Floor Primary Bedroom Tile Floors Washer/Dryer Hookup Walk-In Closet
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InteriorBasement Block Egress Window(s) Finished Full Storage Space Sump Pump Walkout
Total Fireplaces 0
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 1148
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features Gas Dryer Hookup Lower Level Laundry Room Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 725
Total Baths 2
Bath Desc 3/4 Basement Main Floor Full Bath Jetted Tub
Dining Room Description Eat In Kitchen
Foundation Dimensions 29x28
Fuel Natural Gas
Garage Dimensions 17x23
Garage Door Width 7
Garage Square Feet 392
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ExteriorParking Features Attached Garage Asphalt Electric Finished Garage Tuckunder Garage
Lot Features Irregular Lot Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.16
Building Area Total 2264
Lot Dimensions 123x57
Waterfront Y/N N
Foundation Area 811
Road Frontage Type Curbs Paved Streets Sidewalks Storm Sewer
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByKeller Williams Realty IntegrityBroker
nicoli@nicoliholm.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,137
- Monthly Property Taxes
- $539
- 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 224%
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 |
|---|
| 10/7/2026 | $599,000 | | Listed Price |