18420 Old Excelsior BoulevardMinnetonka, MN 55345
$799,000
4 bedrooms · 3 bathrooms · 2,634 finished sq ft · 1.52 acre lot
About this home
Welcome to this original-owner home offering highly sought after wheelchair accessible main level living on 1.51 private acres in the heart of Minnetonka! Enjoy zero-step entry from outside to the main level, a roll-in master bath shower, low-maintenance exterior, and spacious 24'x23' garage with 18'x8' garage door! The spacious, open-concept main level features a light filled kitchen, informal dining and living areas, and two bedrooms for convenient one-level living. Just off the kitchen, a private paver patio is perfect for grilling and entertaining! The walkout lower level offers in floor radiant heat, two additional bedrooms, a dedicated wine room, and abundant storage space. An exciting bonus is the potential to subdivide or develop approximately ¾ of an acre on the corner of the property, with preliminary survey and city-related groundwork completed by the seller. This large undeveloped area to the home could also be a perfect candidate for an incredible landscaped oasis side yard. Enjoy an exceptional location just minutes from Minnetonka High School(consistently ranked as one of the top public schools in Minnesota), Reich Park and tennis courts, shopping, groceries, charming Downtown Excelsior, and all the recreation and lifestyle Lake Minnetonka has to offer. A rare opportunity combining accessible living, private acreage, and potential investment upside in prime Minnetonka location!
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1996
- Bedrooms
- 4
- Bathrooms
- 3
- Finished sq ft
- 2,634
- Lot
- 1.52 acres
- Garage
- 2 stalls
- Basement
- Walk-Out Access, Finished, Storage Space
- Heating
- Natural Gas, Forced Air, Fireplace(s), Radiant, Zoned
- Cooling
- Central Air
- Property taxes
- $8,536 a year
- Listed
- October 19, 2026
- MLS number
- 7154489
Listing courtesy of Coldwell Banker Realty (Dominic Jankowski). MLS #7154489.
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How it compares
18420 Old Excelsior Boulevard, Minnetonka, MN 55345 is a 4-bedroom single-family home built in 1996, listed for $799,000 on October 19, 2026 by Coldwell Banker Realty. That is in the middle range of the 100 single-family homes for sale in Minnetonka right now (median $599,950; $303 per square foot here against $263 for the group). That works out to $303 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 8:49 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minnetonka community guideSchools, commutes, parks, home values and local stories.
- Minnetonka housing market, September 2026Homes sold for a median $499,700 over 12 months (−0.1%), 49 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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