500 William StreetExcelsior, MN 55331
$565,000
4 bedrooms · 2 bathrooms · 1,873 finished sq ft · 0.16 acre lot
About this home
Live just steps from the heart of historic downtown Excelsior in this charming 1½-story bungalow offering over 1,800 finished square feet and a surprisingly versatile floor plan. The main level features two bedrooms, a full bath, inviting living room, and a beautifully updated kitchen with quartz countertops, new cabinetry, and appliances completed in 2021. Step directly from the kitchen onto the wonderful deck, where privacy fencing creates an intimate outdoor retreat perfect for morning coffee, entertaining, or unwinding at the end of the day. Upstairs, a spacious third bedroom offers the flexibility to serve as a private retreat, home office, or bonus space. The finished lower level expands the possibilities with a comfortable family room, ¾ bath, and fourth bedroom currently enjoyed as a theater room—equally suited for guests, exercise, or additional flex space. An oversized tuck-under one-car garage and desirable corner lot complete the property. Best of all, leave the car at home and enjoy the restaurants, shops, and small-town charm of downtown Excelsior, the shores of Lake Minnetonka, and the Lake Minnetonka Regional Trail—all just moments from your front door. Located within the Minnetonka School District, this is an exceptional opportunity to enjoy one of the Twin Cities’ most beloved lakeside communities.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1940
- Bedrooms
- 4
- Bathrooms
- 2
- Finished sq ft
- 1,873
- Lot
- 0.16 acres
- Garage
- 1 stalls
- Basement
- Walk-Out Access, Block, Finished, Full, Storage Space, Sump Pump
- Heating
- Natural Gas, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $6,473 a year
- Listed
- November 2, 2026
- MLS number
- 7168303
Listing courtesy of Keller Williams Realty Integrity (Nicoli Holm). MLS #7168303.
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Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
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How it compares
500 William Street, Excelsior, MN 55331 is a 4-bedroom single-family home built in 1940, listed for $565,000 on November 2, 2026 by Keller Williams Realty Integrity. That is in the lower quarter of the 9 single-family homes for sale in Excelsior right now (median $1.475 million; $302 per square foot here against $430 for the group). That works out to $302 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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