254 Lake Street
Excelsior, MN 55331
Price: $5,299,000
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.
Basic Features:
| Style |
Single Family Residence |
| Type |
Residential |
| Zoning |
Residential-Single Family |
| Year Built |
2025 |
| School District |
Minnetonka |
| County |
Hennepin |
| Lot Size |
55X127 |
| Acreage |
0.16 acres |
| Bedrooms |
4 |
| Total Baths |
4 |
| Garage |
2 Car 20x26 |
| Above Grade |
2,983 sq ft |
| Below Grade |
1,678 sq ft |
| Lake Name |
Minnetonka |
| Lake Depth |
113 ft |
| Tax $ / Year |
$13,981 / 2025 |
| Tax ID |
|
| Legal Description |
|
Includes:
Chandelier,Dishwasher,Double Oven,Dryer,Electronic Air Filter,Exhaust Fan,Freezer,Humidifier,Gas Water Heater,Microwave,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer
Additional Features
| Government Programs |
|
| Section |
34 |
| Terrain Type |
|
| Baths |
Basement,Full Primary,Main Floor 1/2 Bath,Sauna,Steam Shower,Upper Level Full Bath |
| Basement |
Block |
| Cooling |
Central Air |
| Driveway |
|
| Exterior Features |
Fiber Board |
| Fireplace |
Family Room,Gas,Living Room |
| Foundation |
1766.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Forced Air |
| New Construction |
1 |
| Pool |
Below Ground,Heated,Outdoor Pool |
| Roof |
Age 8 Years or Less |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
Attached Garage |
| Exterior Construction |
|
| Fencing |
Wood |
| Laundry |
N |
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