163 2nd Street, Excelsior, MN 55331 (MLS# 7126003)


$1,850,000
163 2nd Street
Excelsior, MN 55331
MLS# 7126003
4 beds  |  4 baths  |  2742 sqft


163 2nd Street, Excelsior, MN 55331
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Open House (10/04/2026 - 12:00 pm - 6:00 pm)

Property Description
Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka. Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings. The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber. The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own. Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka. More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 1850000
Original List Price: 1850000
ListPrice: 1850000
List Date: 2026-08-22
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Projected Completion Date: 2026-08-14
Waterfront YN: No
Year Built: 2026
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 4
Baths Total: 4
Bath Full: 2
Bath Three Quarters: 1
Bath Half: 1
Main Floor Total SqFt: 1378
Above Grd Total SqFt: 1378
Below Grd Total SqFt: 1364
Total SqFt: 2742
Total Finished Sqft: 2633.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1378
Garage Stalls: 2
Lot Dimensions: 66x124x61x123
Acres: 0.18
Assessment Pending: No
Location Tax and Other Information
House Number: 163
Street Name: 2nd
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Auditors Sub 135
Assessments
Tax With Assessments: 9186
Builder Information
Builder ID: PRICE CUSTOM HOMES
Builder License Number: 638046
Builder Name: PRICE HOMES
Building Information
Availability Dt for Closing: 2026-10-19
Finished SqFt Above Ground: 1378
Finished SqFt Below Ground: 1255
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Model Information
Model Location: Excelsior
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 22x22
Garage Door Height: 8
Garage Door Width: 18
Garage Square Feet: 484
Public Survey Info
Range#: 23
Section#: 34
Township#: 117
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Local Area Network; Main Floor Primary Bedroom; Porch; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup
Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Dryer; Microwave; Refrigerator; Washer
Assumable Loan: Not Assumable
Basement: Full
Bath Description: Main Floor 1/2 Bath; 3/4 Primary; Private Primary; Full Basement; Two Basement Baths; Bathroom Ensuite
Construction Materials: Concrete; Frame
Construction Status: Completed New Construction
Dining Room Description: Kitchen/Dining Room
Electric: 200+ Amp Service
Exterior: Brick/Stone; Engineered Wood; Shakes
Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Great Room; Lower Level; Main Level
Fireplace Characteristics: Electric; Living Room
Foundation: Poured Concrete
Fuel: Natural Gas
Heating: Forced Air
Laundry: Electric Dryer Hookup; Laundry Room; Main Level; Washer Hookup
Lot Description: Tree Coverage - Light
Road Frontage: City Street; Paved Streets
Roof: Architectural Shingle
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: 3 BR on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite
Stories: One
Water: City Water/Connected
Room Information
Room Name Dimensions Level
Family Room15x21Lower
First (1st) Bedroom13x14Main
Fourth (4th) Bedroom12x12Lower
Kitchen16x13Main
Laundry6x7Main
Living Room16x25Main
Primary Bath11x14Main
Mud Room6x8Main
Office12x12Main
Second (2nd) Bedroom11x14Lower
Third (3rd) Bedroom13x13Lower

Listing Office: eXp Realty

Last Updated: October - 03 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 4th of October 2026 03:21 PM

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