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Property Details

5150 Meadville Street
Excelsior, MN 55331

Price: $5,750,000

Listing # 7080605


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One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.

Basic Features:

Style Single Family
Type Residential
Zoning Residential-Single Family
Year Built 1918
School District Minnetonka
County Hennepin
Lot Size Irregular
Acreage 0.40 acres
Bedrooms 4
Total Baths 4
Garage 2 Car 20 x 23
Lot Description Accessible Shoreline,Island/Peninsula,Tree Coverage - Medium
Above Grade 3,111 sq ft
Below Grade 505 sq ft
Water Frontage 240 ft
Tax $ / Year $29,533 / 2025
Tax ID
Legal Description

Includes:

Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Wall Oven,Washer

Rooms Size Level
Amusement Room 17x14 L
Bedroom 15x10 M
Bedroom 2 23x13 U
Bedroom 3 16x17 U
Bedroom 4 16x15 U
Dining Room 15x9 M
Family Room 35x12 M
Flex Room 11x9 L
Kitchen 22x9 M
Living Room 26x14 M
Additional Features
Government Programs
Section 26
Terrain Type
Baths 1/2 Basement,Bathroom Ensuite,Private Primary,Main Floor Full Bath,Upper Level 3/4 Bath,Upper Level Full Bath
Basement Block,Finished,Full,Sump Pump
Cooling Central Air
Driveway
Electric Circuit Breakers
Exterior Features Shakes
Fireplace Family Room,Stone,Wood Burning
Foundation 1587.00
Fuel Source Natural Gas
Handicap Access None
Heating Forced Air
Pool None
Sewer Service City Sewer/Connected
Water Service Well
Water Heater
Parking Lot Attached Garage,Asphalt,Garage Door Opener,Guest Parking,Storage
Exterior Construction
Laundry L

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