147 1st Street

Off Market

147 1st Street

Excelsior MN 55331

1482 sq. ft.

0.12 ac.

Single-Family

Last sold for $725,000

Christopher Dennis, last sold this property on 22 April 2026 after 33 days on market.

Overview

Charming one-story home in the heart of historic Excelsior Village, offering a rare opportunity to enjoy Lake Minnetonka living at an approachable price point. This 2-bedroom, 1-bath residence sits just steps from Water Street, where you can walk to numerous amazing restaurants, shops, Excelsior Commons, Kowalski's grocery, and the regional trail system. The home itself provides a simple, functional layout ideal for a seasonal retreat, summer getaway, or low-maintenance year-round living. Enjoy morning coffee on the porch, evenings at the lake, and the convenience of being close to marinas, parks, and the vibrant downtown scene that defines Excelsior. For those looking to build, the property also presents a prime custom build opportunity. Surrounded by high-end homes and ongoing investment in the area, this lot offers strong long-term potential. Listing agent has conceptual plans available for a new home designed to fit the site. Garage could be added to homesite. Whether you’re looking for a “cabin in the city,” a weekend escape, or a future build site in one of Lake Minnetonka’s most sought-after communities, this property offers flexibility and location that are hard to replicate.

Features

2 bedrooms

1 bathroom

1482 sq. ft. floor area

0.12 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Excelsior over the last 12 months, the estimated median property value of 147 1st Street is $607.5k.

Median value

$607.5k

Estimated value range

$360k - $1.15m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Excelsior. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 147 1st Street

2026

Sold

$725,000

22 Apr 2026 by Christopher Dennis, of Compass

Happy sellers in Excelsior

95%

95% of sellers in Excelsior reported that their sale price either exceeded or met their price expectations.

Excelsior stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Excelsior over the last 12 months.

Local market activity for 2 bedroom single-family properties in Excelsior

In the last 12 months, 15 two-bedroom single-family properties similar to 147 1st Street, have been sold.

This represents a 16% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Excelsior for a market analysis.

Kristi Weinstock

at Coldwell Banker Realty

(24 reviews)

Get a market analysis

Scott Stevenson

at Coldwell Banker Realty

(4 reviews)

Get a market analysis

Andrea Kerrison

at Lakes Area Realty, Inc.

(1 review)

Get a market analysis

Justin Tolle

at Keller Williams Classic Rlty NW

(38 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Excelsior

Kristi Weinstock

Kristi Weinstock is an award winning recommended agent for Excelsior. They have 12 local sales and collected 3 local reviews across the last 12 months.