Excelsior, MN 55331 147 1st Street

Pending
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Presented By: Compass
  • MLS# 7027546
  • 03/19/2026
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 1
  • SQFT • 741

Home Details

Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system. The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior. For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite. Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.
Presented By: Compass

Interior Features for 147 1st Street

Bedrooms

Total Bedrooms2

Bathrooms

1/4 Baths0
3/4 Baths0
Bath DescMain Floor Full Bath
Half Baths
Total Baths1

Other Interior Features

Above Grade Finished Area741
BasementBlock, Daylight/Lookout Windows
Basement (Y/N)Yes
Below Grade Finished Area0
Fireplace FeaturesFree Standing, Wood Burning, Wood Burning Stove
Fireplace Y/NYes
FuelNatural Gas
Laundry FeaturesIn Basement
Total Fireplaces1

Other Rooms

Dining Room DescriptionInformal Dining Room

General for 147 1st Street

AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Hardwood Floors, Kitchen Window, Natural Woodwork
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
CityExcelsior
Construction MaterialsBlock, Frame
ContingencyNone
CoolingCentral Air
CountyHennepin
DirectionsWater Street, to 2nd street, to center street, to first street. Home on right
Full Baths1
Garage Spaces
HOANo
HOA Fee$
HeatingForced Air
High School DistrictMinnetonka
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area741
Lot Size UnitsAcres
New ConstructionNo
Pool FeaturesNone
PostalCityExcelsior
Property Attached Y/NNo
Property SubtypeSingle Family
Property TypeResidential
RoofAsphalt, Pitched
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameAuditors Sub 135
Tax Annual Amount7463
Tax Year2026
Virtual TourClick here
Year Built1915
Zoning DescriptionResidential-Single Family

Exterior for 147 1st Street

Building Area Total1482
Foundation Area741
Lot Dimensions37.5x132x39x132
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0.12
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $649,900
MLS#7027546
List Date 03/19/2026
Property Type Pending
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