Back 243 3rd St
Off Market

243 3rd St

Excelsior MN 55331

3
4
2
2100 sq. ft.
0.15 ac.
Single-Family
Last sold for $1,275,000
Michael MonsonMichael Monson, last sold this property on 15 May 2025 after 50 days on market.

Overview

This is the Excelsior village property you've been waiting for. Turn-key with a careful balance of vintage farmhouse detailing, significant remodeling and recent updates inside and out, this is the perfect home base for enjoying the Excelsior lifestyle. Built in 1885, the home is centrally located one block off Water Street where you'll enjoy an authentically vibrant small town feel offering an abundance of amazing restaurants, coffee shops, a grocery store, and boutique shopping. It's also just a short walk to the shores of Lake Minnetonka, the Excelsior Commons, and beaches. The classically appointed chef's kitchen features custom cherry cabinetry, Wolf range, Sub-Zero refrigerator, soapstone countertops, and ample natural light. On the 2nd level there are 3 bedrooms, 2 bathrooms, and a laundry room right outside the primary suite. There's even a petite vineyard lining the driveway with Marquette and Frontenac grapes. The 2-car detached garage offers significant storage above or the ideal future studio, office, or playroom. There is also space to add a porch or room addition off the rear of the home. Minnetonka schools and Excelsior Elementary, boat slip waiting-list through the City.

Features

3 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2100 sq. ft. floor area
0.15 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Excelsior over the last 12 months, the estimated median property value of 243 3rd St is $650k.

Median value
$650k
Estimated value range
$225k - $4.4m
Median days on market
17
Estimated value trend
6%
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 243 3rd St

2025
Sold
$1,275,000
15 May 2025 by Michael Monson, of The Landschute Group,Inc.
2020
Sold
$900,000
15 Apr 2020 by Woody Love, of Engel & Volkers, Lake Minnetonka
2012
Sold
$315,000
04 Oct 2012 by Woody Love, of Coldwell Banker Realty

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 3 bedroom single-family properties in Excelsior

In the last 12 months, 64 three-bedroom single-family properties similar to 243 3rd St, have been sold.

This represents a 26% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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