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About This Home

This 3-bedroom, 4-bathroom condo at 511 2nd Street in Excelsior, MN is listed for $2,275,000 ($891 per sqft). Built in 2023, the home offers 2,552 sqft of living space on a 0.19 acres lot.

Agent Description

Welcome to Lake House #3, an exceptional luxury residence in the heart of Excelsior, just moments from the shores of Lake Minnetonka. Designed for effortless, turn-key living, this stunning condominium blends refined craftsmanship with elevated modern design.

The home showcases impeccable finishes throughout, including wide-plank hardwood floors, custom cabinetry, and striking 9.5-foot coffered ceilings. The gourmet kitchen is a true centerpiece, featuring Thermador stainless steel appliances, a quartz waterfall-edge island, and a walk-in pantry with custom organizational shelving.

A stylish wet bar with a dual-zone beverage center enhances the home’s entertaining appeal. Seamless indoor-outdoor living is achieved with a dramatic 12-foot accordion door that opens to a lakeside three-season porch with a wood-paneled ceiling, gas fireplace, and breathtaking 180-degree views.

The luxurious primary suite offers a spacious walk-in closet with in-unit laundry, along with a spa-like bath featuring heated floors, dual vanities, a soaking tub, and a separate walk-in shower. Each additional bedroom includes its own en-suite bath and custom closet system.

Thoughtful conveniences continue with three heated garage stalls, EV charging capability, and ample storage. Enjoy unparalleled walkability to Excelsior’s vibrant dining, shopping, and year-round community events, along with nearby attractions like the Excelsior Commons and regional trails.

Key Features

  • Built in 2023
  • 0.19 acre lot
  • Fireplace

Property Details

1 full, 1 half
#3
2023

Amenities

EV ChargerFireplace

Monthly Cost Estimate

$12,167/mo

20% down · 6.5% · 30 years

Principal$1,645
Interest$9,858
Insurance$664

Estimates only. Actual payments may vary.

Location

511 2nd Street

Excelsior, MN 55331

Features & Amenities

Exterior Features

Brick/Stone

Property Details

Parking

GarageGuestHeatedSecured

Heating

Fireplace(s)Forced Air

Cooling

Central Air

Appliances

CooktopDishwasherDryerGarbage DisposerMicrowaveWasher

Questions & Answers

This 3-bedroom, 4-bathroom condo at 511 2nd Street is listed at $2,275,000 ($891/sqft). The estimated monthly payment is $9,858 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 0.19 acre lot, Fireplace. Exterior Features: Brick/Stone.

This property is listed by Elizabeth C Ulrich and can be reached at 6129647184 or beth.ulrich@compass.com.

EU

Elizabeth C Ulrich

Agent at Compass

(612) 964-7184

Listed by Compass · View on Broker Site

MLS# 7038770· Source: listhub· Updated 8 days ago

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.

511 2nd Street, Excelsior, MN 55331

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