Browse All Excelsior MN Above $1M Properties for Sale

Executive main level living with a convenient location to downtown Excelsior. Luxury and thoughtful design featuring an open and airy floor plan with light pouring in. Gourmet kitchen boasts custom cabinetry, Signature Series appliances, and quartz countertops. Spacious main level primary room with private bathroom and upgraded walk in closet. Primary bathroom includes walk in tile shower, soaking tub, and dual vanity with quartz countertops. Impressive 5" white oak wood flooring throughout main level. Private office on the main with custom metal and glass door. Laundry conveniently located in the mudroom on the main level. Lower level includes two additional bedrooms and spacious recreation room with added exercise room. Finished garage and concrete driveway. Choose between three timeless design options: Modern, Classic, and Natural. A fit and finish which exceeds expectations.

5620 Buffington Lane, Excelsior

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$2,395,000

3 Beds ⋅ 2 Baths ⋅ 7018599 MLS

Bayview, an exciting new, warm contemporary design that may be modified to meet buyers satisfaction. The lot provides westerly views of Lake Minnetonka and northeasterly views of a wetland in the distance. Stunning, Architectural work provided by Alexander Design Group. All Main Level Living. Property is assigned to the award winning, Minnetonka School district. Outdoor Pool is optional. Contact Jyland Construction Management for detailed information and onsite meeting.

4650 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$3,200,000

7006401 MLS

Here it is! The Prime Location you’ve been waiting for. Located in the heart of Excelsior—one of Lake Minnetonka’s most coveted destinations and often referred to as the “Malibu of the Midwest”—520 2nd Street presents a truly rare, mixed-use zoned, once-in-a-generation opportunity that combines 8000 sq ft between the well-established commercial building owned by Huber Funeral Homes with a spacious, single-family residence w/rental license, if desired. Nearly 3/4 acre. **When you arrive in Excelsior, the significance of this location is immediately clear: Maynard’s and Lake Minnetonka are to your right and 520 2nd Street is straight ahead. Few properties can claim this level of visibility, prominence, and daily exposure. This is THE location! **The commercial space features two expansive, separate and well-defined levels (main and upper), providing outstanding flexibility for a wide range of business models, professional services, boutiques, showrooms or 100's of other creative uses. **Positioned in one of Excelsior’s most active and walk-able areas, the property delivers exceptional business brand presence while capturing the prestige and lifestyle appeal of Excelsior Bay and Lake Minnetonka. **This is a fantastic opportunity for owner-users, investors, developers, and business visionaries who desire a premier presence in a community known for its amazing lake lifestyle, dining experiences like Vagabondo, Mirabelle, Coalition, Maynard's, 318 plus numerous shops on Water Street and surrounding streets, along with a long-term business value, who are seeking an exceptional, highly-coveted Lake Minnetonka location. **For developers and investors, the property’s configuration, location, and prominent visibility, un-lock a variety of high-value possibilities—whether as a refined live/work estate, a signature business destination, or a strategic redevelopment. **The attached 4-story home boasts (4) bedrooms with a master bedroom and en-suite, (4) bathrooms, kitchen, dining room and a great room with vaulted ceilings designed for everyday living, as well as, entertaining. **More home highlights include a large private backyard and a three-car attached garage, creating an exceptional live-work lifestyle in an unbeatable Excelsior location. **Don’t wait on this one!

520 2nd Street, Excelsior

Listing courtesy of Up Front Homes.

$1,489,500

6 Beds ⋅ 5 Baths ⋅ 6807433 MLS

Welcome to McDonald Construction Partners newest development "Shorewood Meadow" with 3 amazing .75 acre lots! The Aspen features a main floor bedroom with a 3/4 bath and beautiful wood flooring that extends up the staircase and hallway. The impressive gourmet kitchen includes a huge walk-in pantry. On the upper level, you will find a large primary bath equipped with a freestanding tub and shower, a shared bathroom, an ensuite bathroom, an upper laundry room and a fun loft space. The finished lower level boasts a spacious open recreation room, a sixth bedroom, and much more! Rare opportunity to take advantage of designing and building with award winning builder, McDonald Construction, on your choice of 3 breathtaking .75 acre lots touching regional walking trails - also near the heart of downtown Excelsior, minutes to Lake Minnetonka lifestyle and situated in the top rated Minnetonka public school district! Let's refine this home to your tastes or start your custom dream home today!

25480 Smithtown Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$1,675,000

4 Beds ⋅ 3 Baths ⋅ 6769542 MLS

Welcome to McDonald Construction "rare find" development "Shorewood Meadow" with three amazing, gorgeous .75 plus acre lots backing the regional walking/biking trail. Inspired by classic European design, the "Laurel" model artfully balances grand entertaining spaces with quiet, private retreats. A grand foyer leads to a soaring vaulted great room with beamed ceiling and statement fireplace and built-ins. Bathed in natural light from twelve feet sliding glass doors with transoms-offering gorgeous views of the backyard and creating seamless indoor-outdoor living. The gourmet kitchen features an oversized island, generous counter space and a walk-in pantry. The adjacent dining area and living space flow effortlessly, perfect for everyday living and memorable celebrations. The main floor primary is a true sanctuary, complete with a spa- inspired bath, freestanding soaking tub, double vantities and spacious walk-in closet. A private study and guest bedroom with a nearby full bath complete the main level. The lower-level invites connection and flexibility with a large media/game room, a flex/exercise room, and additional bedrooms and bathroom. A spacious unfinished storage room allows for future expansion or personalization. Rare opportunity to take advantage of designing and building with award winning builder, McDonald Construction Partners on your choice of 3 breathtaking .75 acre lots touching regional walking trails, near the heart of downtown Excelsior, minutes to Lake Minnetonka lifestyle and situated in the top rated Minnetonka public school district. Let us refine this home to your taste or start your custom dream home today!

25560 Smithtown Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$1,449,000

3 Beds ⋅ 3 Baths ⋅ 6766021 MLS

Welcome to Walnut Grove Villas, a new villa townhome community located in Shorewood and just west of Excelsior and all the South Lake Minnetonka Area has to offer. Walnut Grove Villas will feature 14 detached villa townhomes located on a private cul-de-sac surrounded by natural wetlands and dedicated wooded open space. Enjoy the convenience of having direct access to the Minnetonka Regional Trail from the neighborhood trail system. The community is a short drive to access Lake Minnetonka, Lake Minnewashta and other regional recreational opportunities; including the Minnesota Landscape Arboretum, The Carver Park Preserve and Freeman Park. Explore the local shopping and restaurant opportunities in Excelsior, Victoria and Wayzata. All homes are constructed as single level homes with all primary living areas on the main level with low or zero entry features. The Community Association provides lawn and snow care allowing additional time for you to enjoy all the area has to offer. The Langdon plan will feature approximately 3,125 finished square feet of highly detailed spaces. The home features three bedrooms on the main floor; the owner's suite and two additional bedrooms with a shared full bathroom. The garage includes the rare third stall in the single level villa offering. This home includes a finished above garage bonus room area - which can be utilized as finished storage, flex/exercise room, office space or media room or a combination of these uses. The spacious kitchen features a massive island and gourmet SKS Kitchen Appliances. The adjacent dining room overlooks the natural wetland complex with three walls of windows. The central living room is anchored with a dual sided fireplace and features an entertaining wet bar. The fireplace is flanked by matching full glass doors on each side that open into the screened porch with south exposures over the natural wetland and open space. Enjoy the outdoor fireplace in the screened porch creating the opportunity to expand your overall living area. The Primary Bathroom Suite includes a walk-in shower with sitting bench as well as a soaking tub, all set on a heated floor for comfort. We look forward to presenting the elegant design inclusions and thoughtful floor plan to fit your lifestyle needs. Please schedule a time to visit the model at 25375 Park Lane

25315 Park Lane, Excelsior

Listing courtesy of Terrace Realty Partners.

$1,265,500

3 Beds ⋅ 3 Baths ⋅ 6742778 MLS

Welcome to Walnut Grove Villas, a new villa townhome community located in Shorewood and just west of Excelsior and all the South Lake Minnetonka Area has to offer. Walnut Grove Villas will feature 14 detached villa townhomes located on a private cul-de-sac surrounded by natural wetlands and dedicated wooded open space. Enjoy the convenience of having direct access to the Minnetonka Regional Trail from the neighborhood trail system. The community is a short drive to access Lake Minnetonka, Lake Minnewashta and other regional recreational opportunities; including the Minnesota Landscape Arboretum, The Carver Park Preserve and Freeman Park. Explore the local shopping and restaurant opportunities in Excelsior, Victoria and Wayzata. All homes are constructed as single level homes with all primary living areas on the main level with low or zero entry features. The Community Association provides lawn and snow care allowing additional time for you to enjoy all the area has to offer. The Monona plan offering and will feature approximately 2,750 finished square feet of highly detailed spaces. The home features three bedrooms on the main floor; the owner's suite and two additional bedrooms with a jack-n-jill style shared bathroom. The garage includes the rare third stall in the single level villa offering. This home includes a finished loft area above the garage that can be used for finished storage space, flex/exercise room, office space or media room. The spacious kitchen features a massive island and gourmet kitchen appliances. The adjacent dining room includes room for an optional buffet bar that opens to the covered porch for easy entertaining. The living room features a 12' wide sliding door that opens to the covered creating the opportunity to expand your overall living area. The Primary Bathroom Suite includes a walk-in shower with sitting bench as well as a stand-alone soaking tub. We look forward to presenting the elegant design inclusions and thoughtful floor plan to fit your lifestyle needs. Please schedule a time to visit the community and discover the plan options.

25370 Park Lane, Excelsior

Listing courtesy of Terrace Realty Partners.

$1,750,000

4 Beds ⋅ 4 Baths ⋅ 6699561 MLS

Experience downtown Excelsior living at its finest with this new construction opportunity. Plans are complete and the builder is ready to build, giving you the chance to personalize the home with your preferred interior selections. Ideally located within walking distance to Excelsior Commons Park, the public beach, tennis courts, city docks on Lake Minnetonka, and the charming shops and dining of Water Street. Enjoy direct access to the regional trail leading to Carver Park and Hopkins, with Kowalski’s Market conveniently located just four blocks away.

151 Bell Street, Excelsior

Listing courtesy of Counselor Realty, Inc..

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

Above $1 Million Excelsior Real Estate

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