Recently Listed New Construction 163 2nd Street
Excelsior, MN, 55331 $ 1,799,000
Bedrooms4 Baths3.1 Sq 2,633 Monthly Estimate*
$ 12,425
for $1,799,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,633 square foot home was built in 2026 on a lot size of 0.18.
Rare new construction in the heart of Excelsior—just blocks from The Port of Excelsior Lake Minnetonka, downtown dining, shops, Kowalski’s Market, Excelsior Commons, the beach, docks, and year-round recreation. Excelsior residents are eligible to apply for the City’s seasonal residential dock and mooring program, with additional private seasonal marina options nearby on Excelsior Bay. Designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler combines refined luxury with effortless one-level living. Soaring vaulted ceilings and an open, light-filled floor plan lead to a dramatic statement fireplace and chef-inspired kitchen featuring quartz countertops, custom cabinetry, a walk-in pantry, and oversized island. The main level includes a private primary suite with walk-in closet and beautifully appointed bath, dedicated office, and convenient laundry. The fully finished lower level offers a spacious family room, three additional bedrooms, and two bathrooms—ideal for guests, entertaining, work-from-home space, or multi-generational living. Enjoy nearby regional trails toward Carver Park and everything that makes Excelsior one of Lake Minnetonka’s most desirable communities. A rare opportunity to pair the walkability and lake lifestyle of Excelsior with the comfort, quality, and sophistication of brand-new construction.
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FeaturesGeneralLiving Area 2633
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Architectural Shingle
Appliances Air-To-Air Exchanger Cooktop Dishwasher Dryer Exhaust Fan Gas Water Heater Microwave Refrigerator Stainless Steel Appliances Wall Oven Washer
HOA Fee 0
Garage Spaces 2
Construction Materials Concrete Frame
Year Built 2026
Electric 200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction Y
Property Type Residential
HOA N
Contingency None
Subdivision Name Auditors Sub 135
Full Baths 2
Directions Hwy 7 to 2nd Street continue on 2nd St House 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 9186
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=3PVrEVrWAS3&mls=1
Builder Name PRICE HOMES
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island Kitchen Window Local Area Network Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Porch In-Ground Sprinkler Vaulted Ceiling(s) Washer/Dryer Hookup Walk-In Closet
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InteriorBasement Finished Full
Total Fireplaces 1
Fireplace Features Electric Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1378
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features Electric Dryer Hookup Laundry Room Main Level Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 1255
Total Baths 4
Bath Desc Two Basement Baths 3/4 Primary Bathroom Ensuite Full Basement Private Primary Main Floor 1/2 Bath
Dining Room Description Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 22x22
Garage Door Width 8
Garage Square Feet 484
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ExteriorParking Features Attached Garage
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.18
Building Area Total 2742
Lot Dimensions 66x124x61x123
Waterfront Y/N N
Foundation Area 1378
Road Frontage Type City Street Paved Streets
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* Excluded FeaturesList Bykris@pricerealtymn.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,425
- Monthly Property Taxes
- $766
- 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 8%
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 |
|---|
| 10/14/2026 | $1,799,000 | | Listed Price |