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$5,299,900

  • 4 beds
  • 4 baths
  • 3,616 sqft

5150 Meadville Street, Excelsior, MN 55331

For sale Est. —/mo

  • House · Single Family
  • Built in 1918
  • 0.4 acres lot
  • $1,466/sqft
  • 2-car garage

Overview

144 days on market MLS # 7080605

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.

Facts & features

Interior

  • Bedrooms: 4
  • Bathrooms: 4 (2 full, 1 three-quarter, 1 half)
  • Finished sqft: 3,616
  • Above grade sqft: 3,111
  • Below grade sqft: 505
  • Basement: Block, Finished, Full, Sump Pump
  • Heating: Forced Air
  • Cooling: Central Air
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Laundry: Laundry Room, Sink, Upper Level
  • Fireplaces: 1 (Family Room, Stone, Wood Burning)

Property

  • Parking: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Storage
  • Garage spaces: 2
  • Lot size: 0.4 acres
  • Lot dimensions: Irregular
  • Lot features: Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium
  • Exterior features: Shakes
  • Pool: None
  • Waterfront: Dock, Lake Front, Lake View
  • View: Bay, Lake, North, Panoramic, South, West

Construction

  • Home type: House (Single Family)
  • Levels: Two
  • Year built: 1918
  • Exterior: Block

Utilities

  • Sewer: City Sewer/Connected
  • Water: Well

Community & HOA

  • Subdivision: Auditors Sub 141

Taxes & location

  • Annual taxes: $29,533 (2025)
  • County: Hennepin
  • School district: Minnetonka

Listing

  • Status: For sale
  • Listed: May 29, 2026
  • Days on market: 144
  • MLS #: 7080605

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of RE/MAX Advantage Plus

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated September 9, 2026.