163 2nd StreetExcelsior, MN 55331
$1.799 million
4 bedrooms · 4 bathrooms · 2,633 finished sq ft · 0.18 acre lot
About this home
Rare new construction in the heart of Excelsior—just blocks from The Port of Excelsior Lake Minnetonka, downtown dining, shops, Kowalski’s Market, Excelsior Commons, the beach, docks, and year-round recreation. Excelsior residents are eligible to apply for the City’s seasonal residential dock and mooring program, with additional private seasonal marina options nearby on Excelsior Bay. Designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler combines refined luxury with effortless one-level living. Soaring vaulted ceilings and an open, light-filled floor plan lead to a dramatic statement fireplace and chef-inspired kitchen featuring quartz countertops, custom cabinetry, a walk-in pantry, and oversized island. The main level includes a private primary suite with walk-in closet and beautifully appointed bath, dedicated office, and convenient laundry. The fully finished lower level offers a spacious family room, three additional bedrooms, and two bathrooms—ideal for guests, entertaining, work-from-home space, or multi-generational living. Enjoy nearby regional trails toward Carver Park and everything that makes Excelsior one of Lake Minnetonka’s most desirable communities. A rare opportunity to pair the walkability and lake lifestyle of Excelsior with the comfort, quality, and sophistication of brand-new construction.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 2026
- Bedrooms
- 4
- Bathrooms
- 4
- Finished sq ft
- 2,633
- Lot
- 0.18 acres
- Garage
- 2 stalls
- Basement
- Finished, Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $9,186 a year
- Listed
- October 14, 2026
- MLS number
- 7158613
Listing courtesy of eXp Realty (Price Realty). MLS #7158613.
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How it compares
163 2nd Street, Excelsior, MN 55331 is a newly built 4-bedroom single-family home, listed for $1.799 million on October 14, 2026 by eXp Realty. That is in the upper quarter of the 9 single-family homes for sale in Excelsior right now (median $1.475 million; $683 per square foot here against $430 for the group). That works out to $683 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:36 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Excelsior community guideSchools, commutes, parks, home values and local stories.
- Excelsior housing market, September 2026Homes sold for a median $725,000 over 12 months (−22.6%), 46 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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