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147 1st Street, 
Excelsior, MN 55331

$725,000


2

Beds


1

Bath


1,482

Sq Ft


Single Family

Sold

Listed by

Christopher J Dennis

Compass

952-283-0644

MLS#

7027546

Source:

ND FMAAR

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About This Home

147 1st Street

Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system. The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior. For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite. Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1915

Price Summary

649,900

$438 per Sq. Ft.

MLS #:

7027546

Sold:

April 22, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,482 Sq. Ft.


Structure

Structure

Building Area:

1,482 Sq. Ft.

Year Built:

1915


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$649,900

Price per Sq. Ft:

$438 per Sq. Ft.

Source:ND FMAAR
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