xxx Meadville Street, Excelsior, MN 55331 (MLS# 7126737)

xxx Meadville Street, Excelsior, MN 55331

New Listing

$5,299,000

Welcome to 5150 Meadville on Excelsior Bay, Lake Minnetonka!

Adjacent to Downtown Excelsior, Maynards, marinas and all the best features Lake Minnetonka has to offer

Spectacular lake views and sunsets from the most prime location on the lake!

A front row seat to amazing lake days, boating, & unrivaled sunsets all from your front deck

Views of Echo Bay, Lower Lake South, Caribbean Marine, Big Island and Lafayette Bay

Port of Excelsior and Downtown Excelsior right across the bay from 5150 Meadville

Port of Excelsior, Paradise Charter Cruises & 4th of July fireworks all right across the bay!

Expansive lake views, fireplace and from your main living room

South and west facing lake views, natural hardwood floors, wood burning fireplace

Beautiful views of Excelsior, Gideons, Lower Lake South and Echo Bays

West, north west view of Lower Lake South and Big Island

Property Type: Land Lot Size (sq. ft.): 17,424 Status: Active

Current Price: $5,299,000 List Date: 8/13/2026 Last Modified: 8/13/2026

Overview

Description

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 ... (Read more)

Listing Details MLS# 7126737

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Road Btwn WF & Home?: No
Waterfront Frontage: 240
Waterfront YN: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: Irregular
Acres: 0.4
Lake/Waterfront Name: Minnetonka
Assessment Pending: No
Association Fee: 0

Property Features

Agricultural Water: Well Assumable Loan: Not Assumable Available Utilities: Electricity Connected; Private Well Available; Sewer Connected; Water Connected Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Gradual Improvements: None Lake Details: Sand Land Inclusions: Boat Slip Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Topography: Other Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Bay; Lake; Panoramic; North; South; West

Contract Information

Contingency: None
Original List Price: 5299000
ListPrice: 5299000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: xxx
Street Name: Meadville
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Auditors Sub 141

Assessments

Tax With Assessments: 29533
Assessment Balance: 0

Builder Information

Builder Restrictions: Open

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113
Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 195 AUDITOR'S SUBD. NO. 141
Listing City: Excelsior
Map Page: 117
Municipality: Excelsior
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Property ID Number: TBD
Tax Year: 2025
Tax Amount: 29533
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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 3/4 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.
Directions: Minnetonka Blvd to Meadville to home.

Agricultural Water

Well: Yes

Assumable Loan

Not Assumable: Yes

Development Status

Finished Lot(s): Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Insurance Fee

Insurance Fee: 0

Restriction/Covenants

None: Yes

Road Responsibility

Public Maintained Road: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Topography

Other: Yes

Waterfront Type

Lake Front: Yes
Lake View: Yes
Dock: Yes

Waterfront View

Bay: Yes
Lake: Yes
Panoramic: Yes
North: Yes
South: Yes
West: Yes

Available Utilities

Electricity Connected: Yes
Private Well Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Improvements

None: Yes

Land Inclusions

Boat Slip: Yes

Listing Office: RE/MAX Advantage Plus

Last Updated: August - 13 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

xxx Meadville Street, Excelsior, MN 55331 (MLS# 7126737)