5150 Meadville Street

Excelsior, MN
$ 5,299,900 Beds 4 Baths 3.5 Sq 3,616
Monthly Estimate* How much can I afford?

One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.

Single Family

  • Price
  • $ 5,299,900
  • City
  • Excelsior
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Auditors Sub 141
  • Lot Size
  • 0.4 Acres
  • Zip
  • 55331
  • Sqr Footage
  • 3,616
  • Year Built
  • 1918
  • Taxes
  • $ 29533
  • Style
  • Single Family
  • MLS#
  • 7080605
Listed By: RE/MAX Advantage Plus
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3616
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Wall Oven,Washer
Garage Spaces 2
Pool Features None
Construction Materials Block
Year Built 1918
Electric Circuit Breakers
View Bay,Lake,North,Panoramic,South,West
Levels Two
Property Subtype Single Family
Tax Year 2025
Waterfront Features Dock,Lake Front,Lake View
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Auditors Sub 141
Full Baths 2
Directions Minnetonka Blvd to Meadville to home.
City Excelsior
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 29533
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Panoramic View,Washer/Dryer Hookup,Wet Bar
PostalCity Excelsior

Interior Features

Basement Block,Finished,Full,Sump Pump
Total Fireplaces 1
Fireplace Features Family Room,Stone,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3111
Half Baths 1
3/4 Baths 1
Laundry Features Laundry Room,Sink,Upper Level
Total Bedrooms 4
Below Grade Finished Area 505
Total Baths 4
Bath Desc 1/2 Basement,Bathroom Ensuite,Private Primary,Main Floor Full Bath,Upper Level 3/4 Bath,Upper Level Full Bath
Dining Room Description Informal Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 20 x 23
Garage Square Feet 460
Waterfront Feet 240

Exterior Features

Parking Features Attached Garage,Asphalt,Garage Door Opener,Guest Parking,Storage
Lot Features Accessible Shoreline,Island/Peninsula,Tree Coverage - Medium
Water Source Well
Lot Size Area 0.4
Building Area Total 4698
Lot Dimensions Irregular
Waterfront Y/N Yes
Foundation Area 1587
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Wayzata, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/29/2026 Listed $5,750,000
7/11/2026 8% - $5,299,900

Property vs Zip Code Average in 55331

Price
AVG $2.02M
$5.3M
Taxes
AVG $13,986
$29,533
Year Built
AVG 1994
1918
Visits
AVG 199
181
Data Provided by Inside Real Estate®

Areas That We Cover

5150 Meadville Street Excelsior, MN is a Single Family Home for sale at $5299900 with 3616 sqft and a lot size of 0.4 Acres Acre(s). 5150 Meadville Street Excelsior has 4 bedrooms, 3 baths and was built in 1918. The property's zip code is 55331 which is in Excelsior, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.