Excelsior MN New Construction Real Estate, Homes, Condos for Sale

Rare new construction in the heart of Excelsior—just blocks from The Port of Excelsior Lake Minnetonka, downtown dining, shops, Kowalski’s Market, Excelsior Commons, the beach, docks, and year-round recreation. Excelsior residents are eligible to apply for the City’s seasonal residential dock and mooring program, with additional private seasonal marina options nearby on Excelsior Bay. Designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler combines refined luxury with effortless one-level living. Soaring vaulted ceilings and an open, light-filled floor plan lead to a dramatic statement fireplace and chef-inspired kitchen featuring quartz countertops, custom cabinetry, a walk-in pantry, and oversized island. The main level includes a private primary suite with walk-in closet and beautifully appointed bath, dedicated office, and convenient laundry. The fully finished lower level offers a spacious family room, three additional bedrooms, and two bathrooms—ideal for guests, entertaining, work-from-home space, or multi-generational living. Enjoy nearby regional trails toward Carver Park and everything that makes Excelsior one of Lake Minnetonka’s most desirable communities. A rare opportunity to pair the walkability and lake lifestyle of Excelsior with the comfort, quality, and sophistication of brand-new construction.

163 2nd Street, Excelsior

Listing courtesy of eXp Realty.

$1,299,000

3 Beds ⋅ 3 Baths ⋅ 7140062 MLS

LAST UNIT AVAILABLE - 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 2,800 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 which can be utilized as a bonus room, 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. The living room features a 12' wide sliding door that opens to the covered and screened porch creating the opportunity to expand your overall living area. The screened porch allows easy entertaining and is designed with an outdoor fireplace surrounded by a decorative stone wall. The screen porch also includes a tile floor and a tongue n groove ceiling to create a uniquely finished outdoor screened room. The Primary Bathroom Suite includes a walk-in shower with sitting bench as well as an integrated 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 home options.

25330 Park Lane, Excelsior

Listing courtesy of Terrace Realty Partners.

$1,500,000

4 Beds ⋅ 4 Baths ⋅ 7132390 MLS

New construction in the heart of Excelsior — 4 bedrooms, 5 baths, approximately 2,600 finished square feet on a .25 acre lot. Estimated completion of Spring 2027. Built by Abodie Construction, blocks from Excelsior's Water Street shops, restaurants and the Lake Minnetonka shoreline. Thoughtfully designed with an abundance of natural light, upstairs laundry, and opportunity to age in place with a bedroom and bathroom on the main level, balancing an open, light-filled main level with private upper-level bedrooms. Currently beginning construction with a limited window to personalize the remaining finishes — flooring, tile, cabinetry, countertops, and fixtures — before each trade locks. A rare new-build opportunity in one of the west metro's most walkable lake communities. Renderings are representative; final selections may vary. Builder: Abodie Construction (BC800588).

202 Oak Street, Excelsior

Listing courtesy of Rize Realty.

$2,295,000

5 Beds ⋅ 4 Baths ⋅ 7131363 MLS

NOW COMPLETE - BEAUTIFUL & READY TO ENJOY! Experience exceptional new construction just one block from Lake Minnetonka and moments from the heart of Excelsior. Thoughtfully crafted by a premier luxury builder, this newly completed residence pairs sophisticated design, elevated finishes and effortless everyday living in an incredible location. A negotiated Lake Minnetonka boat slip is included with the property—the first year is paid for by the seller, with an option to extend, offering the rare opportunity to enjoy the lake lifestyle without the lakefront price tag. There is also public walk-in access just a block from the front door for kayaks and paddleboards. Step outside your door to connect directly to the regional trail system—walk or bike into downtown Excelsior for dining, shopping and entertainment, or explore miles of surrounding trails. With construction now complete and the home professionally staged, every detail can finally be experienced as intended. Additional notable features include: luxury primary with bar and a private patio with lakeviews, soaring two story greatroom, dining lounge with wine bar, large four season porch, butler's pantry, lower level amusement room/game room, and more! A truly unique combination of new construction, Lake Minnetonka boating access, trail connectivity and walkability to Excelsior—come see the finished product!

85 Brentwood Avenue, Excelsior

Listing courtesy of Keller Williams Realty Integrity Lakes.

$1,895,000

5 Beds ⋅ 5 Baths ⋅ 7130945 MLS

This house comes with a REDUCED RATE as low as 6.125% (APR 6.689%) as of 10/26/2026 on a 30-year fixed rate through List & Lock™. This is a seller-paid rate buy-down that reduces the buyer’s interest rate and monthly payment. Terms apply; see disclosures for more information. Tour this home and you will see it checks ALL boxes! Seller is offering an unheard-of rate buy-down OR a tremendous furnishings allowance. This offering makes this the best possible option on a custom new home, period! A rare combination in the Minnetonka School District—brand-new construction offering more than 5,100 finished square feet, a four-car garage, and nearly half an acre, with an Excelsior address and Carver County location. From the moment you step inside, you'll notice the quality and attention to detail, highlighted by beautiful accents and premium finishes throughout an expansive, open-concept layout. The main level is designed for both everyday living and entertaining, featuring a stunning kitchen with a large center island, a full butler's pantry, an additional walk-in pantry, stainless steel appliances, a generous dining area, a spacious living room, and a striking home office. Additionally, the main floor offers the 1st laundry room and mudroom drop zone. Upstairs, four bedrooms are conveniently located on one level, creating the perfect setup for family living. The primary suite is a true retreat with vaulted ceilings, a fireplace, a dedicated coffee bar, an enormous walk-in closet with an island, and an incredible spa-like wet room. Jack and Jill bedrooms, private ensuite, and 2nd laundry room round out the upper level. The lower level delivers an incredible additional living and entertaining space, complete with a fifth bedroom, wet bar, second office, spacious family room, and a versatile flex room that could easily become a private movie theater, fitness room, game room, or whatever best fits your lifestyle. The massive 4-car garage has side-mount openers and plenty of space for all your toys. This extraordinary new construction home combines modern luxury, functionality, and space in one impressive package. Beautifully landscaped and truly turnkey. Intentionally designed to impress from top to bottom. Seller is open to trades for other real estate, exotic vehicles & more!

2631 Orchard Lane, Excelsior

Listing courtesy of LPT Realty, LLC.

$1,250,000

4 Beds ⋅ 3 Baths ⋅ 7126071 MLS

Luxury, design, and comfort meet in this luxury main-level living twin home with NO HOA DUES! Gourmet kitchen boasts large kitchen island, custom cabinetry, and quartz countertops. Spacious main level primary bedroom overlooks the private backyard and features a large walk-in closet with custom built-ins and spa-like bathroom. Private primary bathroom has a tiled walk-in shower with bench, double-sinks, and a walk through to the laundry room! Large living room with gorgeous tray-ceiling and gas fireplace. Front room is a versatile flex room complete with sliding barn-door that could be used as a bedroom, office, or sitting room! Bright and sunny lower-level family room features a gas fireplace, large wet-bar, and walks out to beautiful backyard. Enjoy the serene outdoors with the vaulted-ceiling 4-season porch, the deck, or the large paver patio. Enjoy your own piece of paradise in this home built on a gorgeous lot exuding privacy and serenity. No detail has been missed! Home will be available to move in before end of year!

20389 Excelsior Boulevard, Excelsior

Listing courtesy of JPW Realty.

$1,200,000

4 Beds ⋅ 3 Baths ⋅ 7126053 MLS

Luxury, design, and comfort meet in this luxury main-level living twin home with NO HOA DUES! Gourmet kitchen boasts large kitchen island, custom cabinetry, and quartz countertops. Spacious main level primary bedroom overlooks the private backyard and features a large walk-in closet with custom built-ins and spa-like bathroom. Private primary bathroom has a tiled walk-in shower with bench, double-sinks, and a walk through to the laundry room! Large living room with gorgeous tray-ceiling and gas fireplace. Front room is a versatile flex room complete with sliding barn-door that could be used as a bedroom, office, or sitting room! Bright and sunny lower-level family room features a gas fireplace, large wet-bar, and walks out to beautiful backyard. Enjoy the serene outdoors with the vaulted-ceiling 4-season porch, the deck, or the large paver patio. Enjoy your own piece of paradise in this home built on a gorgeous lot exuding privacy and serenity. No detail has been missed! Home will be available to move in before end of year!

20387 Excelsior Boulevard, Excelsior

Listing courtesy of JPW Realty.

$5,990,000

5 Beds ⋅ 5 Baths ⋅ 7120937 MLS

Welcome to Mysa Hus, a Scandinavian-inspired retreat designed for intentional living, wellness, and connection located in Cottagewood. Thoughtfully brought to life by Mark D Williams, with architecture by KA Architects and interiors curated by OHO Interiors, this custom-built residence reflects a seamless collaboration of vision, craftsmanship, and design. Nestled in the highly sought-after Cottagewood community, the home offers an elevated lifestyle where thoughtful design meets everyday comfort. Spanning approximately 5,285 finished square feet, this five-bedroom, four-and-a-half-bath home showcases a harmonious blend of natural materials, superior craftsmanship, and timeless architecture. Every detail has been curated to create a warm, grounded environment—from layered wood finishes and organic textures to a wood-burning fireplace that anchors the main living space. The open-concept layout is designed to bring people together, with light-filled gathering spaces that flow seamlessly from room to room. A chef’s kitchen, expansive living areas, and carefully considered design elements throughout encourage connection while maintaining a sense of calm and simplicity. The home’s wellness-focused amenities extend far beyond the interior. Outside, you'll find a private backyard oasis featuring a saltwater pool, sauna, outdoor shower, and a dedicated wellness studio. A sport court, game room, and flexible-use spaces provide year-round recreation and relaxation. Built with health and sustainability in mind, the home incorporates high-performance materials, energy-efficient systems, and low-toxicity finishes to support a clean and comfortable living environment. This property offers the rare opportunity to own a design-forward home rooted in purpose, craftsmanship, and lifestyle. Mysa Hus is more than a home—it’s a place to slow down, recharge, and truly live. Experience this exceptional property firsthand.

20465 Linwood Road, Excelsior

Listing courtesy of Lakes Sotheby's International Realty.

$1,889,000

5 Beds ⋅ 5 Baths ⋅ 7124210 MLS

Welcome to Deer Haven, a new neighborhood in Chanhassen, MN and located within the Minnetonka School District. Situated just under one mile south of downtown Excelsior, enjoy a short drive, bike or walk into downtown Excelsior, or the quick access to the commercial amenities in downtown Chanhassen. All Design Selections Are Complete - Home will be complete and available for Closing 9/30/26. This home is set in a private cul-de-sac with only three other homes. This is the last available opportunity in the neighborhood. This home features 5 bedrooms and approximately 4,600 SF of highly detailed finished spaces. Expansive window walls provide for natural west facing sun throughout the main level kitchen, dining and great room area. The kitchen is complete with SKS Gourmet Kitchen Appliances, custom cabinetry and a separate butler pantry. The upper level includes the primary suite and three additional bedrooms (one with a bathroom ensuite), laundry, a study nook and a separate loft area. Lower-level finished walkout basement includes a 5th bedroom and bath, living room with media, areas available for bar and game areas and a separate workout or flex room.

6456 Yosemite Lane, Excelsior

Listing courtesy of Terrace Realty Partners.

$1,150,000

4 Beds ⋅ 3 Baths ⋅ 7041732 MLS

Quck move in possible! Unit to be completed in September 2026. Luxury, design, and comfort meet in this luxury main-level living twin home with NO HOA DUES! Gourmet kitchen boasts large kitchen island, custom cabinetry, and quartz countertops. Spacious main level primary bedroom overlooks the private backyard and features a large walk-in closet with custom built-ins and spa-like bathroom. Private primary bathroom has a tiled walk-in shower with bench, double-sinks, and a walk through to the laundry room! Large living room with gorgeous tray-ceiling and gas fireplace. Front room is a versatile flex room complete with sliding barn-door that could be used as a bedroom, office, or sitting room! Bright and sunny lower-level family room features a gas fireplace, large wet-bar, and walks out to beautiful backyard. Enjoy the serene outdoors with the vaulted-ceiling 4-season porch, the deck, or the large paver patio. Enjoy your own piece of paradise in this home built on a gorgeous lot exuding privacy and serenity. No detail has been missed!

20383 Excelsior Boulevard, Excelsior

Listing courtesy of JPW Realty.

$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.

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