Dave Ramsey Endorsed Local Provider for 15+ years

Keller Williams Preferred Realty(612) 843-9620Join HHG

1 / 125

5150 Meadville StreetExcelsior, MN 55331

$5.2999 million

4 bedrooms · 4 bathrooms · 3,616 finished sq ft · 0.4 acre lot

Schedule a showing

About this home

One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.

Home facts

Home type
Single-family home
Style
Single Family Residence
Year built
1918
Bedrooms
4
Bathrooms
4
Finished sq ft
3,616
Lot
0.4 acres
Garage
2 stalls
Basement
Block, Finished, Full, Sump Pump
Heating
Natural Gas, Forced Air
Cooling
Central Air
Property taxes
$29,533 a year
Listed
May 29, 2026
MLS number
7080605

Broker ReciprocityListing courtesy of RE/MAX Advantage Plus (Mark P. Abdel). MLS #7080605.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

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.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

How it compares

5150 Meadville Street, Excelsior, MN 55331 is a 4-bedroom single-family home built in 1918 on Lake Minnetonka, listed for $5.2999 million on May 29, 2026 by RE/MAX Advantage Plus. That is in the upper quarter of the 6 single-family homes for sale in Greenwood right now (median $2.6225 million; $1,466 per square foot here against $662 for the group). That works out to $1,466 per finished square foot.

Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

The location

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.

Get pre-approved with Ken Rife

See it on the map

Free account

Keep looking at homes

You’ve viewed 7 homes. Sign up free to see every home, save favorites and get new listings first. No spam.

Rather talk to a person? Call or text (612) 843-9620.

Save this home

We’ll keep your saved homes together and let you know if the price changes. No spam.