Browse All Excelsior MN Between $500K - $600K Properties for Sale

Welcome to 4305 Cottagewood Ct, located in the highly sought-after Woodland Cove neighborhood just moments from the shores of Lake Minnetonka. This charming 3BD/2BA home delivers true main level living in a meticulously maintained 2018 build — all the appeal of nearly new construction with none of the wait. Thoughtfully designed and well appointed throughout, the open floor plan spans 1,800 sq ft and flows effortlessly from living spaces to a stunning deck surrounded by beautiful, mature landscaping — perfect for relaxing or entertaining. The unfinished basement arrives already plumbed for a bathroom, offering incredible potential to add value and square footage on your timeline. Woodland Cove residents enjoy an exceptional lifestyle with resort-style shared amenities including a sparkling pool, clubhouse, recreation area, pickleball courts, and scenic walking trails — all just minutes from everything Lake Minnetonka has to offer. Homes like this don't last. Schedule your showing today.

4305 Cottagewood Court, Excelsior

Listing courtesy of Edina Realty, Inc..

$500,000

3 Beds ⋅ 2 Baths ⋅ 7126673 MLS

Welcome to 20860 Excelsior Boulevard, a beautifully updated Greenwood home offering an exceptional combination of style, flexibility, and location—just moments from the heart of downtown Excelsior and within the award-winning Minnetonka School District. Thoughtfully renovated inside and out, this charming 1½-story walkout offers 3 bedrooms, 2 bathrooms, 1,852 finished square feet, and a layout that lives far larger than expected. The main level has been transformed with new flooring, fresh finishes, and a completely renovated kitchen featuring new cabinetry, countertops, appliances, sink, dishwasher, garbage disposal, and reverse-osmosis drinking water. The beautifully remodeled main-level bath feels equally elevated, featuring a floating toilet, double vanity, walk-in glass and tile shower, and dual shower heads for a clean, modern, spa-inspired feel. Upstairs, the private primary retreat feels tucked away from the rest of the home, perched among the trees with its own mini-split system for year-round comfort. Downstairs, the walkout lower level adds tremendous versatility with its own bathroom, ground-level entrance, new flooring, stackable laundry, and mini refrigerator—creating an ideal guest suite, home office, recreation space, or potential secondary living area. Outside, the property has received a complete refresh with new exterior paint, gutters, landscaping, driveway regrading, fencing, and exterior lighting. Even the garage space stands apart: the rear garage is insulated and heated, while the oversized front garage offers a storage room, attic storage, a new garage door, and two new openers—plenty of room for vehicles, bikes, lake gear, and all the toys that come with living this close to Lake Minnetonka. Additional improvements include newer windows, updated flooring and carpet, fresh interior paint, in-floor heat in the lower-level bathroom, mini-split air conditioning on the main and upper levels, and a newer boiler. And then there’s the location. Enjoy the charm and privacy of Greenwood while being within walking distance of downtown Excelsior’s restaurants, boutiques, coffee shops, waterfront, and The Commons. Whether it’s a morning by the lake, dinner downtown, or an evening stroll through Excelsior, this is a home that puts one of Lake Minnetonka’s most desirable lifestyles right outside your door. Updated, versatile, and wonderfully connected to everything that makes Excelsior special—20860 Excelsior Boulevard is ready to be enjoyed.

20860 Excelsior Boulevard, Excelsior

Listing courtesy of Keller Williams Realty Integrity.

$574,900

5 Beds ⋅ 2 Baths ⋅ 7126431 MLS

Beautifully updated and move-in-ready five-bedroom home in a quiet, family-friendly cul-de-sac within the award-winning Minnetonka School District. Fresh carpet and paint throughout. Main-level living includes three bedrooms, with one that can be used as a den or home office, plus a large full bath with an updated vanity. The kitchen offers Energy Star stainless appliances, abundant counter space and storage, and connects to a spacious dining area with access to the large deck. Mature trees surround the deck, creating a private outdoor retreat. The lower level features LVP flooring throughout, a generous family room with a bar and walkout access to the backyard, two additional bedrooms, and fresh paint. A large laundry room provides excellent storage. The updated lower-level bath includes a new shower, vanity, and heated floors. The fenced backyard is a quiet, private escape with a gazebo, a campfire site, and a storage shed with an attached workroom. The lot is over one-half acre, offering exceptional outdoor space. Additional updates include a new roof (2026). The extra-deep two-car garage provides ample room for vehicles, storage, or hobby space. Fantastic location with a neighborhood park accessible directly from the driveway. Manitou Park, local bike trails, Crescent Beach, and the Tonka Bay fishing pier and boat launch on Lake Minnetonka are all within walking distance. Downtown Excelsior is just minutes away, with convenient access to Lake Minnetonka and an easy drive to downtown Minneapolis. Apply for a boat slip on Lake Minnetonka through the City of Tonka Bay. A wonderful opportunity to enjoy space, updates, and a true neighborhood setting.

135 Pleasant Lane E, Excelsior

Listing courtesy of Trenary Realty Group.

$599,900

3 Beds ⋅ 2 Baths ⋅ 7122163 MLS

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.

111 1st Street, Excelsior

Listing courtesy of Compass.

$599,000

4 Beds ⋅ 3 Baths ⋅ 7123402 MLS

Prime Excelsior location—walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails. This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office. Separate climate controlled studio/office ideal for remote work, fitness, or creative use. Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard. Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation. Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring. Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.

542 3rd Avenue, Excelsior

Listing courtesy of Coldwell Banker Realty.

$584,900

4 Beds ⋅ 4 Baths ⋅ 7099151 MLS

Move right into this immaculate 4BR/4BA two-story in sought-after Woodland Cove! Backs to protected wetlands for added privacy, a rare feature in this neighborhood. Oversized east-facing deck means sun-drenched mornings and gorgeous, shaded sunsets for summer nights outside. Open-concept main level with gas fireplace, formal dining room, eat-in kitchen w/ stainless appliances & granite counters, and half bath. Upper level offers a true primary suite with tray ceiling, custom-tiled bath with dual vanities, soaking tub & separate shower, plus a walk-in closet with a high-end built-in closet system. 3 additional bedrooms and a versatile loft — currently a playroom, pre-wired for surround sound. Finished lookout lower level adds a wet bar and built-ins. Outside: fire pit, raised garden beds, sprinkler system & 2-car garage. Community amenities include 2 community pools, miles of trails, sidewalks & clubhouse to host events. Lake Minnetonka Regional Park — with its own swimming beach — is just a mile away. Award-winning Westonka schools. Don't miss this one!

4332 Cottagewood Court, Excelsior

Listing courtesy of RE/MAX Results.

$519,999

3 Beds ⋅ 2 Baths ⋅ 7096016 MLS

Excelsior Opportunity – Location, Lifestyle & Potential! Don't miss this charming 3-bedroom, 2-bath home just a short walk from Downtown Excelsior and located in the highly acclaimed Minnetonka School District. This property offers comfortable living with two bedrooms and two full bathrooms on the main level, making it ideal for a variety of lifestyles. 0.46-acre lot with outstanding future potential. Oversized, insulated, and heated 3-car garage with high ceilings.Plenty of space for vehicles, recreational equipment, storage, or a workshop Enjoy the convenience of walking to Excelsior's vibrant downtown, featuring restaurants, breweries, boutiques, theaters, parks, trails, and beautiful Lake Minnetonka amenities. Whether you're looking for a place to call home, an investment property, or a lot to build your dream home in one of the area's most desirable locations, this property presents a unique opportunity. A rare chance to own an affordable property surrounded by higher-priced homes, offering both lifestyle appeal and long-term value.

5960 Grant Street, Excelsior

Listing courtesy of Bridge Realty, LLC.

$599,500

7071235 MLS

This 1.8-acre property offers exceptional flexibility and investment potential. Nestled on a level, fully fenced lot just minutes from the Lake Minnetonka LRT Trail and vibrant downtown Excelsior. Lot can be split into two lots through a Minor Subdivision. Whether you're looking to build a custom home on a large estate or develop two individual residences, this property provides a rare opportunity. Located within the highly rated Minnetonka School District, this property offers the perfect blend of location, lifestyle, and long-term potential—just minutes from local dining, boutique shopping, and year-round community events.

24695 Glen Road, Excelsior

Listing courtesy of eXp Realty.

$550,000

7015097 MLS

Minnetonka Schools 1.23 acres. Home Package starting at 1.8. Close to Minnewashta Elementary. Working well is on the property. Colson Custom Homes has designed a home for the lot that includes a sport court pricing close to 2.1. The lot can also accommodate a pool.

25975 Wild Rose Lane, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

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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.

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Between $500K - $600K Excelsior Real Estate

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