Skip to Navigation

Search Thousands of Properties in Greater Minnesota & Western Wisconsin.

Property Details

165 Mound Avenue
Excelsior, MN 55331

Price: $3,690,000

Listing # 6823642


Contact Agent

Like-new construction on Lake Minnetonka, only better! This exceptional 2021 custom-built luxury home is set on sought after Gideon Bay with 51 feet of sandy, level shoreline, a private beach, and panoramic lake views. Situated on an extra deep lot just minutes from downtown Excelsior, this property offers the rare combination of privacy, walkability, and premier lakeside living. Designated for both everyday living and entertaining, the home features a chef's kitchen with a 10-foot island, Thermador 8-burner gas/induction range, and a fully equipped back prep kitchen. The stunning primary suite captures sweeping lake views and includes a spa-like bath and oversized walk-in closet. Four bedrooms are located on the upper level, plus a private guest suite above the garage with its own entrance, kitchenette, and full bath, ideal for visitors, au pair, or multigenerational living. The walkout lower level is an entertainer's dream with a wine room, theater, exercise room, family room, guest bedroom, and a full bar with ice-maker and pass-through window to the patio bar, perfect for summer gatherings. The heated, lift-ready garage accommodates two vehicle lifts and is wired for supplemental heat. Enjoy front-row views of Excelsior's fireworks, quick access to Lake Minnetonka by boat, and proximity to restaurants, trails, and boutique shopping by land. This turn-key waterfront retreat is ideal for year-round living or as a premier summer lake home.

Basic Features:

Style Single Family Residence
Type Residential
Zoning Shoreline,Residential-Single Family
Year Built 2021
School District Minnetonka
County Hennepin
Lot Size 51x305x56x320
Acreage 0.36 acres
Bedrooms 5
Total Baths 5
Garage 3 Car 22x40
Lot Description Accessible Shoreline,Tree Coverage - Medium
Above Grade 3,788 sq ft
Below Grade 1,300 sq ft
Water Frontage 51 ft
Tax $ / Year $44,875 / 2025
Tax ID
Legal Description

Includes:

Air-To-Air Exchanger,Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Stainless Steel Appliances,Tankless Water Heater,Washer,Water Softener Owned

Rooms Size Level
Bedroom 20x20 U
Bedroom 2 16x14 U
Bedroom 3 14x12 U
Bedroom 4 11x11 U
Bedroom 5 14x16 L
Bonus Room 12x17 L
Deck 12x20 M
Dining Room 16x16 M
Family Room 20x22 L
Guest Room 22x23 U
Kitchen 12x20 M
Living Room 20x20 M
Office 12x8 M
Wine Cellar 8x4 L
Additional Features
Government Programs
Section 28
Terrain Type
Roads City Street
Baths 3/4 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath
Basement Egress Window(s),Finished,Full,Walkout
Cooling Central Air
Driveway
Electric Circuit Breakers
Fireplace Gas,Living Room
Foundation 1500.00
Fuel Source Natural Gas
Handicap Access None
Heating Forced Air
Pool None
Roof Age 8 Years or Less,Asphalt,Metal,Pitched
Sewer Service City Sewer/Connected
Water Service City Water - In Street
Water Heater
Parking Lot Attached Garage,Asphalt,Garage Door Opener,Insulated Garage,Tuckunder Garage
Exterior Construction
Laundry L

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Nybo & Associates are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

DISCLAIMER: The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. This data is updated daily. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. By viewing these listings, you are agreeing to abide by the RMLS End-User License Agreement.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.