111 1st Street, Excelsior, MN 55331

$574,900$
3 Beds
2 Baths
0 SqFt
0.06 Acres
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$574,900$
111 1st Street
Excelsior, MN, 55331
MLS #NST7122163 image #0MLS #NST7122163 image #1MLS #NST7122163 image #2MLS #NST7122163 image #3MLS #NST7122163 image #4MLS #NST7122163 image #5MLS #NST7122163 image #6MLS #NST7122163 image #7MLS #NST7122163 image #8MLS #NST7122163 image #9MLS #NST7122163 image #10MLS #NST7122163 image #11

About 111 1st Street

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, who 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.
Listing Provided Courtesy of Compass

111 1st Street Property Details

Price:
$574,900
MLS #:
NST7122163
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subdivision:
Auditors Sub 135
Listed Date:
Aug 17, 2026
Total Sq Ft:
2,316
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1915
Auditors Sub 135Minnetonka

Schools

School District:
Minnetonka

Interior Features

Bathrooms
2 Full Bathrooms
Cooling
None
Heating
None
Levels
Two

Exterior & Lot Features

Accessibility Features
None
Construction Materials
Frame
Exterior Features
Shakes
Parking Features
Gravel, Asphalt, Driveway – Other Surface
Roof
Asphalt, Pitched

Property Taxes & Financial Details

Tax Year
2026
Taxes
$5,631
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Location

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A personal invitation

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Whether you're planning a purchase, considering a sale or exploring what's next, I'd love to hear from you. Tell me what you have in mind, and let's talk about how I can help.

David Gooden

David Gooden

David Gooden & Co
The Dane Arthur Agency

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