Property Description The price for the lot is $4,995,000. The photos of the home are AI-generated renderings to provide a sense of what could be built on this property. The total package price starts at $8M. This is a premier Lake Minnetonka build site with 199â of northwest-facing, A-rated, flat, rip-rapped shoreline. Free from builder restrictions, this exceptional property offers the flexibility to bring your own architect and builder to design a custom home tailored to your vision. A rare opportunity for luxurious living on Lake Minnetonka, this stunning .63 acre property has been perfectly graded and features a manicured lawn with panoramic views in an idyllic, peaceful setting. Nestled on the end of a quiet street with a neighborhood park and walking trail, you will enjoy easy access to the LRT Trail, which stretches over 15 miles and offers scenic views of Lake Minnetonka along the way. Just a 1-mile walk from the charming Village of Excelsior, enjoy all the boutiques, chef-driven restaurants, Library, Brewery and the upscale Kowalskiâs grocery store. The beauty of the Commons, nestled alongside Lake Minnetonka, is home to Concerts in the Park throughout the summer. Excelsior is host to year-round community events including the 4th of July Celebration and Fireworks, Art Fairs, Apple Days, Klondike Dog Derby and numerous fun runs all year long. This is an incredible opportunity to build your dream home in an unbeatable location in the demand Minnetonka School District. This property is shown by appointment only â please no site visits without having an approved showing. Please note the dock will stay with the property however, the boathouse, boat lift, and kayak lift do not convey.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 8000000
Original List Price: 8000000
ListPrice: 8000000
List Date: 2026-03-26
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: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 199
Waterfront Present: Yes
Year Built: 2026
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 5
Baths Total: 5
Bath Full: 2
Bath Three Quarters: 2
Bath Half: 1
Main Floor Total SqFt: 2100
Above Grd Total SqFt: 3800
Below Grd Total SqFt: 2100
Total SqFt: 5900
Total Finished Sqft: 3800.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 2100
Power Company: Xcel Energy
Garage Stalls: 3
Lot Dimensions: 199.5L x 152 x 167 x 152
Acres: 0.63
Assessment Pending: No
Location Tax and Other Information
House Number: 4900
Street Name: Meadville
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Assessments
Tax With Assessments: 46861
Building Information
Finished SqFt Above Ground: 3800
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 0-4
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 740
Public Survey Info
Range#: 23
Section#: 26
Township#: 117
Property Features
Accessible: None
Air Conditioning: Central Air
Basement: Egress Windows; Full
Construction Status: To Be Built/Floor Plan
Elevation Highpoint to Waterfront Slope: Gradual
Existing Financing: Free and Clear
Exterior: Brick/Stone; Cement Board
Fuel: Electric; Natural Gas
Heating: Forced Air
Lake Details: Hard; Sand
Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium; Underground Utilities
Road Frontage: City Street; No Outlet/Dead End; Paved Streets