Excelsior, MN 55331 254 Lake Street

Presented By: Rize Realty
  • MLS# 6789422
  • 09/15/2025
  • Request Tour
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  • Beds • 4
  • Full/Half Baths • 3 / 1
  • SQFT • 4,661
  • Garage • 2

Home Details

Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an extraordinary lifestyle where lakefront elegance meets vibrant downtown energy just moments from Minnesota's most coveted lake. Wake up to breathtaking water views and endless recreational opportunities while being steps away from boutique shopping, acclaimed waterfront restaurants, the famous Excelsior Commons, and seasonal festivals that make this community so special. Excelsior seamlessly blends historic charm with modern sophistication, where you can stroll tree-lined streets to lakeside dining, catch live music at the bandshell, launch your boat just minutes away, or simply enjoy the tranquil beauty of lakeside living that puts water sports, fine dining, and the coveted Lake Minnetonka lifestyle right at your doorstep. With fresh contemporary design featuring premium finishes throughout, modern energy-efficient systems, move-in ready convenience, and builder warranty protection, this expansive home offers the perfect blend of luxury, location, and lifestyle in one of Minnesota's most desirable communities where every day feels like a vacation and easy Twin Cities access maintains that cherished small-town lake community feel that makes Excelsior truly extraordinary.
Presented By: Rize Realty

Interior Features for 254 Lake Street

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Bath DescBasement, Full Primary, Main Floor 1/2 Bath, Sauna, Steam Shower, Upper Level Full Bath
Half Baths1
Total Baths4

Other Interior Features

Above Grade Finished Area2983
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area1678
Fireplace FeaturesFamily Room, Gas, Living Room
Fireplace Y/NYes
FuelNatural Gas
Garage Dimensions20x26
Garage Square Feet531
Laundry FeaturesLaundry Closet, Upper Level
Total Fireplaces2

Other Rooms

Dining Room DescriptionInformal Dining Room

General for 254 Lake Street

AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Exercise Room, Hardwood Floors, Hot Tub, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Panoramic View, Sauna, Boat Slip, Tile Floors, Vaulted Ceiling(s), Washer/Dry
AppliancesChandelier, Dishwasher, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
CityExcelsior
Construction MaterialsBlock, Concrete, Stone
ContingencyNone
CoolingCentral Air
CountyHennepin
DirectionsWATER ST TO LAKE ST TO 1ST ST RIGHT INTO ALLEY - 254 STRAIGHT AHEAD
Full Baths3
Garage Spaces2
HOANo
HOA Fee$
HeatingForced Air
High School DistrictMinnetonka
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area4661
Lot Size UnitsAcres
New ConstructionYes
Pool FeaturesBelow Ground, Heated, Outdoor
PostalCityExcelsior
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSeamans Sub Of Lts 7 & 8 Excelsior
Tax Annual Amount13981
Tax Year2025
ViewBay, East, Harbor, Panoramic
Virtual TourClick here
Waterfront FeaturesLake View
Year Built2025
Zoning DescriptionResidential-Single Family

Exterior for 254 Lake Street

FencingWood
Foundation Area1766
Lot Dimensions55X127
Lot Size Area0.16
Parking FeaturesAttached Garage
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $5,299,000
MLS#6789422
List Date 09/15/2025
Property Type Single Family
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