FOR SALE

Townhome

$1,100,000

423 Lake Street, Excelsior MN 55331

Property information

Beds

2

Baths

2

Sq Ft

1,101

Year Built

1968

Property Type

(TH) Side x Side

Acres

1.05

County

Hennepin

Waterfront

Lake Front

Waterfront View

Lake

Waterfront Feet

—

Water Body

Minnetonka

Parking

1

Basement

None

Price/Sqft

$999

Stories

Two

Pool

None

HOA Fee

$422

List Date

10/27/2026

Rare Opportunity for Lake Minnetonka Living in the Heart of Downtown Excelsior! Opportunities to own in this exclusive waterfront townhome community are few and far between! Perfectly positioned between the sparkling shores of Lake Minnetonka and the vibrant charm of downtown Excelsior, this desirable corner unit offers an exceptional lifestyle where boating, dining, shopping, and lakeside living are all just steps from your front door. With a private boat slip and dock included, your summers can be spent enjoying everything Lake Minnetonka has to offer. Bring your vision and personal style to this home and take advantage of the winter months to transform the interior into your ideal lakeside retreat—just in time for an unforgettable summer of 2027! Enjoy the convenience of your own private entrance, two dedicated parking spaces—including one covered space with additional storage—and an unbeatable location. Step out your back door toward the lake or head out front to explore Excelsior's celebrated restaurants, boutiques, grocery store, and lively downtown atmosphere. Two bedrooms, two bathrooms, two parking spaces, and your very own boat slip on Lake Minnetonka! This is more than a home—it's an opportunity to embrace the waterfront lifestyle you've been dreaming of, right in the heart of one of Minnesota's most beloved lake communities.