603 Lake Street, 307, Excelsior, MN 55331 (MLS# 7143535)

603 Lake Street, 307, Excelsior, MN 55331

$1,299,700

Excelsior Bay Gables nestled directly on Excelsior Bay—premium lakeside access and unbeatable walkability.

Exceptional convenience with quick access to downtown Excelsior’s boutiques, cafés, and year-round events.

Stunning lake views right from your private balcony, overlooking the sparkling waters of Excelsior Bay.

Virtually Staged - Enjoy gorgeous lake views right from the living room, offering a peaceful everyday connection to the water.

Enjoy gorgeous lake views right from the living room, offering a peaceful everyday connection to the water.

Large living room with seamless flow into the dining room and direct access to the balcony.

Living room with a vaulted ceiling that opens upward to the loft, creating an airy and connected feel.

The living room flows effortlessly to the balcony through a large sliding glass door, offering peaceful lake views right outside.

Private balcony right off the living room.

Living room view into dining room and hallway to laundry room and bedrooms.

A stunning wood-burning fireplace highlights the living room, perfect for cozy evenings and relaxed gatherings.

Bright, cheerful kitchen with space for a table—perfect for casual meals and morning coffee.

Beautiful wood floors extend throughout the main floor, adding warmth and continuity.

View from the formal dining area into the kitchen, highlighting the home’s open and connected layout.

Virtually Staged - Formal dining room with direct access to the kitchen for easy serving and entertaining.

Formal dining room with direct access to the kitchen for easy serving and entertaining.

Formal dining area accented by warm wood floors, offering an inviting backdrop for everyday meals and special occasions.

Formal dining room with lake views and open access to living room.

Main-level Bedroom 1 with the full bathroom conveniently located directly across the hallway.

Generous in-unit laundry room with a sink and plenty of storage, making everyday tasks easier and more efficient.

Primary bath features a large vanity with a separate room for the stool and shower.

Primary bath features a dual-sink vanity with abundant storage.

The primary bedroom offers direct access to the balcony and captures serene lake views, creating a peaceful retreat.

Light-filled bonus loft on the upper level, featuring a skylight and views of the living room—perfect for a cozy reading nook, office, or flex space.

The community pool sits directly along the shoreline, creating a resort-style experience with peaceful views of Lake Minnetonka.

A shared lakeside patio offers peaceful views of Excelsior Bay, creating a serene gathering space for all residents.

Inviting sitting area at the entry of the complex welcomes residents and guests.

Lobby with direct access to the back patio and lake.

The community features a shared hot tub for all residents, offering a relaxing amenity just steps from home.

An on-site sauna is available to all residents—perfect for unwinding and recharging.

Enjoy a community exercise room available to all residents—perfect for staying active without leaving home.

Enjoy easy lake living with an optional boat slip available for an additional fee.

Amenity-rich community tennis courts situated along the lake, providing a stunning and active outdoor space for residents.

Beautiful walking paths right outside your door, offering an easy stroll into Excelsior.

Experience convenient lakeside living at its finest—where everyday comfort meets the beauty of Excelsior Bay.

Back of the building positioned to capture lovely views of Excelsior Bay and the surrounding shoreline.

Circular driveway with plenty of guest parking.

Upper-level floor plan showcasing the loft/bonus room layout.

Floor plan of the entire unit showcasing the full layout.

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,036 Status: Active

Current Price: $1,299,700 List Date: 9/19/2026 Last Modified: 10/14/2026

Overview

Description

Maintenance free Lake Minnetonka! Beautiful 2-3 bed, 2-bath condominium in Excelsior Bay Gables—one of the largest units in the community and set in an exceptional lakeside location. This spacious home features a large living room with a vaulted ceiling, stunning wood-burning fireplace, and gorgeous views of Lake Minnetonka. Enjoy lake breezes from the private balcony, accessible from both the living room and the primary bedroom suite. The light and bright kitchen flows into the formal dining room, which opens to the expansive living room for easy entertaining. A spacious in-unit laundry room provides abundant storage and cabinetry. The generous primary suite includes a big walk-in closet and a large private bathroom. The second bedroom offers great flexibility with two closets. An upper-level loft/bonus room overlooks the living room—perfect for an office, 3rd bedroom, lounge, or flex space. An additional room down the hall can serve as storage, an office, or a guest space. Commu ... (Read more)

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Listing Details MLS# 7143535

General Property Information

Assoc Mgmt Co. Phone #: 952-277-2700
Association Fee Frequency: Monthly
Association Mgmt Co. Name: First Service Residential
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: Yes
New Development: No
Number of Fireplaces: Yes
Road Btwn WF & Home?: No
Waterfront YN: Yes
Year Built: 1981
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 2036
Above Grd Total SqFt: 2036
Total SqFt: 2036
Total Finished Sqft: 2036.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (CC) Low Rise (3- Levels)
Foundation Size: 2036
Association Fee: 1521
Garage Stalls: 2
Lot Dimensions: 0 x 0
Assessment Pending: No

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Boat Slip; Deck; Dock; Elevator(s); Fire Sprinkler System; Hot Tub; In-Ground Sprinkler System; Lobby; Patio; Sauna; Security Building; Security Lights; Tennis Courts Amenities Unit: Boat Slip; Cable; Ceiling Fan(s); Dock; Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Primary Bedroom Walk-In Closet; Skylight; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Association Fee Includes: Building Exterior; Cable TV; Hazard Insurance; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Security Staff; Shared Amenities; Snow Removal; Water Basement: None Bath Description: Double Sink; Main Floor 3/4 Bath; Main Floor Full Bath; 3/4 Primary Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Separate/Formal Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Exterior: Vinyl Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Family Room; Loft; Main Level Fireplace Characteristics: Living Room; Wood Burning Foundation: None Fuel: Natural Gas Heating: Baseboard Laundry: Electric Dryer Hookup; In Unit; Laundry Closet; Laundry Room; Main Level; Sink; Washer Hookup Lock Box Type: Combo Lot Description: Accessible Shoreline; Irregular Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium Outbuildings: Hot Tub; Sauna Parking Characteristics: Finished Garage; Assigned; Garage Door Opener; Heated Garage; Insulated Garage; Storage; Tuckunder Garage Pool Description: Below Ground; Heated; Shared Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sewer: City Sewer/Connected Shared Rooms: Exercise Room Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary Stories: Modified Two Story Water: City Water/Connected Waterfront Type: Lake Front; Association Access; Lake View; Dock Waterfront View: Lake; Panoramic

Contract Information

Contingency: None
Original List Price: 1350000
ListPrice: 1299700
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 603
Street Name: Lake
Street Suffix: Street
Unit Number: 307
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Condo 0344 Excelsior Bay Gables

Additional Parcels Information

Property ID #2: 3511723220145
Property ID #3: 3511723220143

Assessments

Tax With Assessments: 13962

More Information

Building Information

Finished SqFt Above Ground: 2036

Insurance Fee

Insurance Fee Frequency: N/A

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Stall ID#: 58 & 60

Room Information

Room Name	Dimensions	Level
Bathroom	8x9	Main
Dining Room	12 x 12	Main
First (1st) Bedroom	15x15	Main
Foyer	9x5	Main
Kitchen	15 x 12	Main
Living Room	24 x 20	Main
Primary Bath	15x5	Main
Second (2nd) Bedroom	28x14	Main
Third (3rd) Bedroom	13x13	Upper

Listing Office: Trenary Realty Group

Last Updated: October - 14 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

603 Lake Street, 307, Excelsior, MN 55331 (MLS# 7143535)