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254 Lake Street, 
Excelsior, MN 55331

$5,299,000


4

Beds


4

Baths


4,661

Sq Ft


Single Family

Active

Listed by

Mitchell Steven Jilek

Rize Realty

612-314-5563

Last updated:

December 17, 2025, 04:40 PM

MLS#

6789422

Source:

NSMLS

About This Home

254 Lake Street

Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an extraordinary lifestyle where lakefront elegance meets vibrant downtown energy just moments from Minnesota's most coveted lake. Wake up to breathtaking water views and endless recreational opportunities while being steps away from boutique shopping, acclaimed waterfront restaurants, the famous Excelsior Commons, and seasonal festivals that make this community so special. Excelsior seamlessly blends historic charm with modern sophistication, where you can stroll tree-lined streets to lakeside dining, catch live music at the bandshell, launch your boat just minutes away, or simply enjoy the tranquil beauty of lakeside living that puts water sports, fine dining, and the coveted Lake Minnetonka lifestyle right at your doorstep. With fresh contemporary design featuring premium finishes throughout, modern energy-efficient systems, move-in ready convenience, and builder warranty protection, this expansive home offers the perfect blend of luxury, location, and lifestyle in one of Minnesota's most desirable communities where every day feels like a vacation and easy Twin Cities access maintains that cherished small-town lake community feel that makes Excelsior truly extraordinary.

Home Facts

Single Family

4 Baths

4 Bedrooms

Built in 2025

Price Summary

5,299,000

$1,136 per Sq. Ft.

MLS #:

6789422

Last Updated:

December 17, 2025, 04:40 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

4,661 Sq. Ft.


Structure

Structure

Building Area:

5,922 Sq. Ft.

Year Built:

2025


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$5,299,000

Price per Sq. Ft:

$1,136 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.