Rare opportunity to build a new home on one of the best available lots in the coveted Heart of Excelsior or buy and hold as an investment. This prime wide open corner lot offers expansive unobstructed views across Excelsior Commons Park with Lake Minnetonka just a few steps away and right outside the door of your future home. Enjoy all the public amenities and zero HOA fees including 2 swimming beaches, playground, tennis courts, basketball, baseball, kayaking, grilling, fishing, fireworks on the 4th, or just relax by the open firepits and relish live music at the park bandshell, plus much more. All this and located within the award-winning Minnetonka Schools and Excelsior Elementary, walking distance to historic Water Street boasting numerous shops and fine dining experiences, easy access to Lake Minnetonka LRT Reginal Trail system. In addition, Excelsior residents are eligible for boat slips or sailboat mooring buoys via the city dock program waiting list. Note the previous home has already been demolished and removed from the site saving you substantial $$$ in demolition costs. Open to any builder. Do not delay!
Presented By: United Real Estate Twin Cities
Interior Features for 88 1st Street
Other Interior Features
Lake Acres14205
Waterfront Feet
General for 88 1st Street
Additional Parcels Y/NNo
Body of WaterMinnetonka
CityExcelsior
ContingencyNone
CountyHennepin
Development StatusFinished Lot(s)
DirectionsOn the corner of West Lake Street and 1st Street. Across from Excelsior Park north of town.
HOANo
HOA Fee$
High School DistrictMinnetonka
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsSquare Feet
PostalCityExcelsior
Property TypeLand
RestrictionsOther
Standard StatusActive
Tax Annual Amount7561
Tax Year2025
TopographyLevel
UtilitiesOther Connected, Electricity Available, Sewer Available, Water Available
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