# 111 1st Street, Excelsior, MN 55331 > **TL;DR:** 3bd/2ba single family, $574,900, built 1915. Est. $3,075/mo. Listed 41 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $574,900 | | Bedrooms | 3 | | Bathrooms | 2 full | | Year Built | 1915 | | Lot Size | 2,614 sqft (0.06 acres) | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 41 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,907 | | Estimated Insurance | $168 | | **Total** | **$3,075** | ## Property Highlights - Built in 1915 - 0.06 acre lot ## Description ### Agent Description Rare redevelopment opportunity on 1st Street - the "gem of all the streets" in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area's most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property's prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities. Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. Bring your builder, your vision, and create something exceptional in Excelsior. ## Location - **Address:** 111 1st Street, Excelsior, MN 55331 - **County:** Hennepin - **Neighborhood:** Auditors Sub 135 - **Coordinates:** 44.907193, -93.569044 - **Google Maps:** https://www.google.com/maps?q=44.907193,-93.569044 ## Listing Agent - **Name:** Christopher J Dennis - **Brokerage:** Compass Minnesota, LLC - **Phone:** (952) 213-1631 - **Broker Phone:** (952) 213-1631 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/111-1st-St_Excelsior_MN_55331_M85860-08986?f=listhub&s=RMLSMN&m=7122163&c=propsimple) ## Photos ![111 1st Street - Photo 1](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f280883616r.jpg) ![111 1st Street - Photo 2](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f2279444915r.jpg) ![111 1st Street - Photo 3](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f359924020r.jpg) ![111 1st Street - Photo 4](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f3513848774r.jpg) ![111 1st Street - Photo 5](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f3380631344r.jpg) ![111 1st Street - Photo 6](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f1309651174r.jpg) ![111 1st Street - Photo 7](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f2961182156r.jpg) ![111 1st Street - Photo 8](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f1125015764r.jpg) ![111 1st Street - Photo 9](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f1063038678r.jpg) ![111 1st Street - Photo 10](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f1276081734r.jpg) ![111 1st Street - Photo 11](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f3534684923r.jpg) ![111 1st Street - Photo 12](http://lh.rdcpix.com/42f71907c453824be1770deb694ce536l-f1008851737r.jpg) --- **MLS#:** 7122163 | **Updated:** 2026-09-25 **Source:** listhub *Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/111-1st-street-excelsior-mn-55331-7122163) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/111-1st-street-excelsior-mn-55331-7122163#listing", "url": "https://www.propertysimple.ai/listing/111-1st-street-excelsior-mn-55331-7122163", "name": "111 1st Street, Excelsior, MN 55331", "description": "Rare redevelopment opportunity on 1st Street - the \"gem of all the streets\" in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area's most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property's prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities. Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. 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