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$1,500,000   Price Analysis
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156 Lake St
Excelsior, MN 55331
4 bed 4 bath 3,185 SqFt ($470/SqFt)
8,712SqFt lot. Built 1870
Listed 2024-03-12, Taxes $15,672
Ⓧ USDA Ineligible
due to price & location

near Excelsior

Embrace a world of possibilities at 156 Lake Street

Where the charm of yesteryear meets limitless potential on the shores of Lake Minnetonka across from Commons Park. This character-rich home features sun-drenched rooms, high ceilings and rich wood floors. Three large bedrooms and a big third-floor loft is ideal for an office or extra living space. A sprawling porch with panoramic lake views is set behind a privacy hedge, ripe for living or reimagining into your dream home. This unique property presents a rare remodel or rebuild opportunity in the highly sought-after Excelsior area-perfect for crafting your lakefront oasis. Delight in cmmunity jewels like sandy beaches, kayaking, biking, shopping, gourmet dining and vibrant local events steps from your front door. This is more than a home; it's a canvas for your future in a community that celebrates life by the lake. Don't miss the chance to be part of Excelsior living!

Garage addition/remodel plans available per request.


Presented by Kristi Weinstock at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #6501872 from NorthstarMLS

Bedrooms: 4

Total Rooms: 10
Basement Features: Brick/Mortar, Concrete Block, Egress Windows, Full, Partial Finished, Stone, Walkout
Family Room Features: Family Room, Loft, Main Level

Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan/Hood
Freezer
Gas Water Heater
Microwave
Refrigerator
Wall Oven
Washer
Water Osmosis System
Double Oven

Cooling Features: Central, Window
Fireplace Features: Gas Burning, Living Room, Primary Bedroom, Wood Burning, Wood Stove
Heating Features: Forced Air, Wood Stove
Heating Fuel: Natural Gas
Number of Fireplaces: 3

Full Bathrooms: 3
1/2 Bathrooms: 1

Dining Room Features: Informal Dining Room, Separate/Formal Dining Room

Water Body Name: Minnetonka
Lake View

Cedar
Shakes
Wood
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks, Storm Sewer, Street Lights
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Acres: 0.2
Lot Size Dimensions: 69 x 130
Lot Size Square Feet: 8712

Open Parking Spaces: 2
Parking Features: Driveway - Asphalt, Uncovered/Open

View: Bay, East, Lake, Panoramic

Cable
Deck
French Doors
Hardwood Floors
Kitchen Window
Primary Bedroom Walk-In Closet
Natural Woodwork
Paneled Doors
Panoramic View
Porch
Satellite Dish
Tile Floors
Vaulted Ceiling(s)

Association: No
Calculated Total Monthly Association Fees: 0

School District: 276 - Minnetonka

Excelsior Elementary School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Minnetonka West Middle School is a public middle school located approximately 1.5 miles away.
directions icon Map directions

Minnetonka Senior High School is a public high school located approximately 2.7 miles away.
directions icon Map directions

Spring Hill School is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Annual Tax Amount: 17778.00
Source Listing Status: Active
County: Hennepin
Directions: Hwy 7 to 2nd street exit in Excelsior. Right at stop - follow to Lake street - home is on the left.
Tax Year: 2024
Source Property Type: Single Family
Source Neighborhood: Auditors Sub 135
Parcel Number: 2711723440029
Subdivision: Auditors Sub 135
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$399,000 + $688,000
$1,087,000
$15,672
2021$388,000 + $667,000
$1,055,000
$15,139
2020$379,000 + $667,000
$1,046,000
$15,485
2019$391,000 + $667,000
$1,058,000
$15,673
2018$340,000 + $667,000
$1,007,000
$14,878
2017$359,000 + $520,000
$879,000
$13,091
2016$361,000 + $470,000
$831,000
$12,595
2015$354,000 + $401,000
$755,000
$11,521
2014$339,000 + $328,000
$667,000
$10,644
2013$349,000 + $328,000
$677,000
$10,587
2012$351,000 + $339,000
$690,000
$10,326
2011$355,000 + $339,000
$694,000
$10,036
2010$382,000 + $371,000
$753,000
$9,818
2009$395,000 + $384,000
$779,000
$9,601
2008$395,000 + $384,200
$779,200
$9,538
2007$373,900 + $377,700
$751,600
$9,494

Listed 2024-03-12
$1,500,000
NorthstarMLS
Listing removed 2024-02-09
$0
NorthstarMLS
Price Changed 2023-07-21
$1,650,000
NorthstarMLS
Relisted 2023-05-18
$1,699,000
NorthstarMLS
Listing removed 2023-04-04
$0
NorthstarMLS
Listed 2022-11-11
$1,699,000
NorthstarMLS
Sold 2002-06-07
$585,000
Public Record
Sold 1995-08-14
$395,000
Public Record
Sold 1994-10-13
$180,000
Public Record

Total Square Feet Living: 3185
Above Grade Finished Area: 2985
BelowGradeFinishedArea: 200
Construction Materials: Brick, Concrete, Frame, Stone
Foundation Area: 1291.00
Property Age: 154
Property Condition: Previously Owned
Roof: Age Over 8 Years, Asphalt Shingles, Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 2985.00
Total Area Main: 1291.00
Total Below Grade Area: 1291.00

Electric: Circuit Breakers
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Click Thumbnail Images To View Full Size
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dining_roomkitchenkitchenbedroombedroom
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bathroomlaundry_roomporchhouse_viewporch
water_frontunknownporchunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.