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$500,000

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.

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.

$498,000

TEAR ME DOWN...or Bring Me Back to Life! Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy access to Maynards, Excelsior Commons, Lake Minnetonka, shopping, dining, the library, and all the charm and activities that make Excelsior such a sought-after destination. The home features a private wooded setting, oversized 25x21 garage, expansive deck for entertaining, backyard firepit area, and a functional floor plan with plenty of space to reimagine. The main level includes a primary suite with a private ¾ bath and walk-in closet, while the walkout lower level offers two additional bedrooms, a full bath, and a large amusement room with bar area. Recent improvements include fresh interior paint and new carpeting, but buyers should expect repairs, deferred maintenance, and the need for cosmetic updating throughout. This is not a turnkey property and is being offered as an opportunity for someone with vision to build equity in a neighborhood surrounded by significantly higher-priced homes. The true value lies in the location, privacy, walkability, and potential. Rarely does a property in this setting become available at such an attractive price point. Renovate, refresh, expand, or rebuild—the choice is yours. Pre-listing inspection report available in MLS supplements. Buyers are encouraged to review the report prior to submitting an offer.

7128168 MLS

TEAR ME DOWN...or Bring Me Back to Life! Opportunity knocks in one of the Lake Minnetonka area's most desirable locations. Whether you're looking for a renovation project, investment opportunity, or future building site, this 3-bedroom home offers exceptional potential just a short walk from Historic Excelsior. Nestled among mature trees and next to the regional trail system, you'll enjoy easy access to Maynards, Excelsior Commons, Lake Minnetonka, shopping, dining, the library, and all the charm and activities that make Excelsior such a sought-after destination. The home features a private wooded setting, oversized 25x21 garage, expansive deck for entertaining, backyard firepit area, and a functional floor plan with plenty of space to reimagine. The main level includes a primary suite with a private ¾ bath and walk-in closet, while the walkout lower level offers two additional bedrooms, a full bath, and a large amusement room with bar area. Recent improvements include fresh interior paint and new carpeting, but buyers should expect repairs, deferred maintenance, and the need for cosmetic updating throughout. This is not a turnkey property and is being offered as an opportunity for someone with vision to build equity in a neighborhood surrounded by significantly higher-priced homes. The true value lies in the location, privacy, walkability, and potential. Rarely does a property in this setting become available at such an attractive price point. Renovate, refresh, expand, or rebuild—the choice is yours. Pre-listing inspection report available in MLS supplements. Buyers are encouraged to review the report prior to submitting an offer.

5200 Greenwood Circle, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$499,999

Existing home likely a tear down or rehab. 98x128, flat backyard, with woods behind the lot line adding privacy. Exciting opportunity minutes to the heart of Excelsior. Unlock the full potential of this prime Shorewood address, Nestled on Echo Road in one of the Twin Cities' most sought-after communities, this property offers a rare chance to renovate an existing home or build your dream residence from the ground up- all in a location that is hard to beat.

7121641 MLS

Existing home likely a tear down or rehab. 98x128, flat backyard, with woods behind the lot line adding privacy. Exciting opportunity minutes to the heart of Excelsior. Unlock the full potential of this prime Shorewood address, Nestled on Echo Road in one of the Twin Cities' most sought-after communities, this property offers a rare chance to renovate an existing home or build your dream residence from the ground up- all in a location that is hard to beat.

5690 Echo, Excelsior

Listing courtesy of Edina Realty, Inc..

$499,999

RARE OPPORTUNITY MINUTES TO THE HEART OF EXCELSIOR Unlock the full potential of this prime Excelsior address. Nestled on Echo Road in one of the Twin Cities' most sought-after communities, this property offers a rare chance to renovate an existing home or build your dream residence from the ground up all in a location that's truly hard to beat. Situated just minutes from the charming shops, restaurants, bike paths, and lakefront of downtown Excelsior, and with easy access to Lake Minnetonka and several marinas, this is the kind of address buyers wait years for. The established neighborhood features mature trees, generous lot sizes, and a quiet, residential feel that perfectly balances convenience with tranquility. Located in the top-rated Minnetonka School District. Whether you're an investor, builder, or buyer with a vision, the bones are here - bring your plans and make it your own. Properties in this corridor don't come available often, and with comparable homes on Echo Road commanding strong values, the upside is undeniable. Priced for opportunity. Sold as-is. Schedule your showing today.

3 Beds ⋅ 3 Baths ⋅ 7121634 MLS

RARE OPPORTUNITY MINUTES TO THE HEART OF EXCELSIOR Unlock the full potential of this prime Excelsior address. Nestled on Echo Road in one of the Twin Cities' most sought-after communities, this property offers a rare chance to renovate an existing home or build your dream residence from the ground up all in a location that's truly hard to beat. Situated just minutes from the charming shops, restaurants, bike paths, and lakefront of downtown Excelsior, and with easy access to Lake Minnetonka and several marinas, this is the kind of address buyers wait years for. The established neighborhood features mature trees, generous lot sizes, and a quiet, residential feel that perfectly balances convenience with tranquility. Located in the top-rated Minnetonka School District. Whether you're an investor, builder, or buyer with a vision, the bones are here - bring your plans and make it your own. Properties in this corridor don't come available often, and with comparable homes on Echo Road commanding strong values, the upside is undeniable. Priced for opportunity. Sold as-is. Schedule your showing today.

5690 Echo Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$474,900

You'll fall in love with this charming and beautifully updated Tonka Bay gem that blends character with all the modern touches. The sun-filled kitchen has been thoughtfully refreshed and flows seamlessly into the welcoming living room and casual dining area, where the wood-burning fireplace creates the perfect gathering space for both quiet nights in and easy entertaining. Natural light fills the spacious primary bedroom and features a walk-in closet along with stylish barn doors for a touch of personality. The main level bedroom connects to the fully renovated bath that shines with timeless subway tile, penny tile flooring, and crisp finishes. Just off the kitchen, you’ll appreciate the convenience of main-floor laundry and a mudroom designed for everyday living. The flexible lower level offers endless possibilities—consider making it a third bedroom, family room, home gym or home office. Step outside to an expansive backyard retreat complete with a deck, fire pit, mature trees, and a new storage shed—your own private, peaceful escape. Lastly, For peace of mind, the home also features a newer high efficiency furnace plus a Renew whole house air exchanger. ****Located in the award winning Minnetonka School District and just a short walk to Lake Minnetonka, the Regional Trail, and all the delightful shops and restaurants of downtown Excelsior, this adorable home truly offers the best of Tonka Bay living.

3 Beds ⋅ 1 Baths ⋅ 7114506 MLS

You'll fall in love with this charming and beautifully updated Tonka Bay gem that blends character with all the modern touches. The sun-filled kitchen has been thoughtfully refreshed and flows seamlessly into the welcoming living room and casual dining area, where the wood-burning fireplace creates the perfect gathering space for both quiet nights in and easy entertaining. Natural light fills the spacious primary bedroom and features a walk-in closet along with stylish barn doors for a touch of personality. The main level bedroom connects to the fully renovated bath that shines with timeless subway tile, penny tile flooring, and crisp finishes. Just off the kitchen, you’ll appreciate the convenience of main-floor laundry and a mudroom designed for everyday living. The flexible lower level offers endless possibilities—consider making it a third bedroom, family room, home gym or home office. Step outside to an expansive backyard retreat complete with a deck, fire pit, mature trees, and a new storage shed—your own private, peaceful escape. Lastly, For peace of mind, the home also features a newer high efficiency furnace plus a Renew whole house air exchanger. ****Located in the award winning Minnetonka School District and just a short walk to Lake Minnetonka, the Regional Trail, and all the delightful shops and restaurants of downtown Excelsior, this adorable home truly offers the best of Tonka Bay living.

5320 Manitou Road, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$499,900

An Exceptional Opportunity in the Heart of Shorewood… You don’t come across opportunities like this often. Nestled on just over an acre in the highly desirable Shorewood, this prime parcel is already positioned for success, with medium-high density zoning and previous city-approved preliminary plat and concept plans for six single-family homes. The vision is in place. The groundwork has been laid. Now it’s simply waiting for the right builder or developer to bring it to life. With utilities readily available and much of the entitlement process already completed, you’re stepping into a project where the heavy lifting has been done, allowing you to focus on execution and maximizing potential. And the location… it truly speaks for itself. Backing directly up to Gideon Glen Park, you’ll love the natural surroundings and added green space this setting provides. Positioned across the street from the prestigious Minnetonka Country Club neighborhood, this location offers a sense of established luxury and community. You’re also just steps from your morning coffee at Caribou Coffee and outdoor recreation at Badger Park, making everyday living incredibly convenient and connected. Beyond the immediate surroundings, enjoy close proximity to the shores of Lake Minnetonka, where boating, dining, and year-round recreation create an unmatched lifestyle. Spend afternoons at Excelsior Commons, explore the charming shops and restaurants in Excelsior, or unwind with dinner and lake views at Maynards. With easy access to Minnesota State Highway 7, you’re seamlessly connected to the greater Twin Cities while still enjoying the tranquility of a premier lakeside community. Whether you’re looking to build and sell, create a boutique villa community, or invest in a high-demand area, this is your chance to step into a project with momentum already on your side. Opportunities like this are rare… now it’s your turn to bring it home.

7120852 MLS

An Exceptional Opportunity in the Heart of Shorewood… You don’t come across opportunities like this often. Nestled on just over an acre in the highly desirable Shorewood, this prime parcel is already positioned for success, with medium-high density zoning and previous city-approved preliminary plat and concept plans for six single-family homes. The vision is in place. The groundwork has been laid. Now it’s simply waiting for the right builder or developer to bring it to life. With utilities readily available and much of the entitlement process already completed, you’re stepping into a project where the heavy lifting has been done, allowing you to focus on execution and maximizing potential. And the location… it truly speaks for itself. Backing directly up to Gideon Glen Park, you’ll love the natural surroundings and added green space this setting provides. Positioned across the street from the prestigious Minnetonka Country Club neighborhood, this location offers a sense of established luxury and community. You’re also just steps from your morning coffee at Caribou Coffee and outdoor recreation at Badger Park, making everyday living incredibly convenient and connected. Beyond the immediate surroundings, enjoy close proximity to the shores of Lake Minnetonka, where boating, dining, and year-round recreation create an unmatched lifestyle. Spend afternoons at Excelsior Commons, explore the charming shops and restaurants in Excelsior, or unwind with dinner and lake views at Maynards. With easy access to Minnesota State Highway 7, you’re seamlessly connected to the greater Twin Cities while still enjoying the tranquility of a premier lakeside community. Whether you’re looking to build and sell, create a boutique villa community, or invest in a high-demand area, this is your chance to step into a project with momentum already on your side. Opportunities like this are rare… now it’s your turn to bring it home.

24560 Smithtown Road, Excelsior

Listing courtesy of eXp Realty.

$498,000

A SMART START near Historic Excelsior! This 3-bedroom home offers an affordable opportunity to enter the Lake Minnetonka area, build sweat equity, and make this home your own. Set among mature trees next to the regional trail, it is just a short walk or bike ride to Maynards, Excelsior Commons with beach - bandshell, shopping, dining, the library, and all the year-round activities the Lake Minnetonka area has to offer. The home features a private wooded setting, oversized 25x21 garage, large entertaining deck, backyard firepit area, and a flexible floor plan. The main level includes a primary suite with a private ¾ bath and walk-in closet. The walkout lower level offers two additional bedrooms, a full bath, and a spacious amusement room with bar area. Fresh interior paint and new carpeting provide a head start; buyers can do additional updating at their leisure to accommodate their desires. Bring your ideas and create value in a neighborhood surrounded by significantly higher-priced homes. Pre-listing inspection report is available in MLS supplements; buyers are encouraged to review it before submitting an offer. A rare chance to enjoy the Excelsior and Lake Minnetonka lifestyle at an attractive price! See it soon...

3 Beds ⋅ 3 Baths ⋅ 7117344 MLS

A SMART START near Historic Excelsior! This 3-bedroom home offers an affordable opportunity to enter the Lake Minnetonka area, build sweat equity, and make this home your own. Set among mature trees next to the regional trail, it is just a short walk or bike ride to Maynards, Excelsior Commons with beach - bandshell, shopping, dining, the library, and all the year-round activities the Lake Minnetonka area has to offer. The home features a private wooded setting, oversized 25x21 garage, large entertaining deck, backyard firepit area, and a flexible floor plan. The main level includes a primary suite with a private ¾ bath and walk-in closet. The walkout lower level offers two additional bedrooms, a full bath, and a spacious amusement room with bar area. Fresh interior paint and new carpeting provide a head start; buyers can do additional updating at their leisure to accommodate their desires. Bring your ideas and create value in a neighborhood surrounded by significantly higher-priced homes. Pre-listing inspection report is available in MLS supplements; buyers are encouraged to review it before submitting an offer. A rare chance to enjoy the Excelsior and Lake Minnetonka lifestyle at an attractive price! See it soon...

5200 Greenwood Circle, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$499,900

Build your new construction home here! Live the dream in downtown Excelsior. Walking distance to Excelsior Connons Park, swimming beach, tennis courts, city docks on Lake Minnetonka. All the Village shops on Water Street. Regional trail to Carver Park & Hopkins. Kowalski's market four blocks away.

6697397 MLS

Build your new construction home here! Live the dream in downtown Excelsior. Walking distance to Excelsior Connons Park, swimming beach, tennis courts, city docks on Lake Minnetonka. All the Village shops on Water Street. Regional trail to Carver Park & Hopkins. Kowalski's market four blocks away.

151 Bell Street, Excelsior

Listing courtesy of Counselor Realty, Inc..