For Sale
No HOANo HOA
Single family home for sale at 111 1st Street, Excelsior, MN 55331 | MLS# 7122163 | Listing updated on 2026-09-26
Photo 1 of Single family home for sale at 111 1st Street, Excelsior, MN 55331 | MLS# 7122163 | Listing updated on 2026-09-26
Photo 2 of Single family home for sale at 111 1st Street, Excelsior, MN 55331 | MLS# 7122163 | Listing updated on 2026-09-26
Photo 3 of Single family home for sale at 111 1st Street, Excelsior, MN 55331 | MLS# 7122163 | Listing updated on 2026-09-26
Photo 4 of Single family home for sale at 111 1st Street, Excelsior, MN 55331 | MLS# 7122163 | Listing updated on 2026-09-26
8+
Beds Icon

Street View

$574,900

Monthly Est:$2,861

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,316sqft

111 1st Street, Excelsior, MN 55331

$2,861/moEst:

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  • Single Family Residence

  • Built in 1915

  • $-- HOA

  • 0.06 acre lot

  • $248/sq.ft

Description

Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks.

Architectural plans have already been developed with local architect Mike Sharratt, wh
o has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities.
Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find.

Bring your builder, your vision, and create something exceptional in Excelsior.

  • Houzeo last checked: 4 minutes ago
  • Listing updated: September 26, 2026 at 10:11 am
  • Listing Provided by: Christopher J Dennis (612) 229-9322 | Lakes Area Realty (952) 474-4300
  • Source: Northstar MLS-MN as distributed by MLS GRID | MLS#: 7122163 Northstar MLS-MN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Hennepin County

  • City

    Excelsior

  • Neighborhood

    --

  • Year Built

    1915

  • HOA Fees

    -

  • Finished Area

    2,316 sqft

  • Lot Size

    0.06 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Northstar MLS

  • MLS Number

    7122163

  • Days on Market

    71

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Heating

    None

  • Cooling

    None

  • Sewer

    City Sewer In Street

  • Exterior Features

    Shakes

Construction

  • Year Built

    Year Built: 1915

  • Home type

    Single Family Residence

  • Foundation Details

    Block

  • Roof

    Asphalt, Pitched

  • Construction Materials

    Frame

Utilities & Energy

  • Basement

    Full

  • Parking Features

    Gravel, Asphalt, Driveway Other Surface

  • Pool Features

    None

  • Water Source

    City Water In Street

Other Features

  • Subdivision Name

    Auditors Sub 135

Price History

DateEventPrice

09/26/2026

Source: mls_logoNorthstar MLS-MN as distributed by MLS GRID #NST7122163

Listed for Sale

$574,900 +26.35%

$248/sqft

01/15/2023

Source: mls_logoNorthstar MLS-MN as distributed by MLS GRID #NST6109174

Price Increased

$455,000 +97.83%

$196/sqft

03/13/2022

Source: mls_logoNorthstar MLS-MN as distributed by MLS GRID #NST2182896

Price Increased

$230,000 +15.00%

$99/sqft

03/12/2022

Source: mls_logoNorthstar MLS-MN as distributed by MLS GRID #NST2010774

Price Decreased

$200,000 -39.21%

$86/sqft

04/08/2021

Source: mls_logoNorthstar MLS-MN as distributed by MLS GRID #NST5319831

Sold

$329,000

$142/sqft

Nearby Homes

Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 31, 2026, 07:15AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.

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