55 Fairhope Avenue, Excelsior, MN 55331 (MLS# 6685388)


$2,195,000
55 Fairhope Avenue
Excelsior, MN 55331
MLS# 6685388
Status: Closed
4 beds  |  4 baths  |  4237 sqft


55 Fairhope Avenue, Excelsior, MN 55331
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Property Description
Extraordinary opportunity to live surrounded by Lake Minnetonka! This property features over 100 feet of quiet water shoreline for a year-round dock and canopy, plus an additional 70 feet of sandy shoreline with a beach area, fire pit, and private swimming hole right off your back deck. The interior was beautifully remodeled in 2021, boasting new Cambria countertops, fresh interior and exterior paint, a refreshed primary bath, new doors and trim, a backup generator, and a hot tub—plus much more. Designed for both living and entertaining, the home includes a lower-level pub with heated floors, four bedrooms upstairs, and an additional living room with stunning lake views. A spacious top-floor bonus room offers even more flexibility. Don’t miss the recently insulated and sheetrocked loft above the garage—ideal for a private office or workout space. Located in the Minnetonka School District, within the sought-after Minnewashta Elementary boundary.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-03-20
Contingency: None
Current Price: 2120000
Closed Date: 2025-04-18
Original List Price: 2195000
Sales Close Price: 2120000
ListPrice: 2195000
List Date: 2025-03-14
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: 3
Road Btwn WF & Home?: No
Waterfront Frontage: 194
Waterfront Present: Yes
Year Built: 1952
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 4
Baths Total: 4
Bath Full: 3
Bath Half: 1
Main Floor Total SqFt: 1038
Above Grd Total SqFt: 2704
Below Grd Total SqFt: 1533
Total SqFt: 4237
Total Finished Sqft: 3199.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1038
Garage Stalls: 2
Lot Dimensions: Irregular
Acres: 0.59
Assessment Pending: No
Location Tax and Other Information
House Number: 55
Street Name: Fairhope
Street Suffix: Avenue
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Tonka Fairhope
Assessments
Tax With Assessments: 22976.7
Building Information
Finished SqFt Above Ground: 2704
Finished SqFt Below Ground: 495
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 20x20
Garage Door Height: 7
Garage Square Feet: 400
Public Survey Info
Range#: 23
Section#: 21
Township#: 117
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Boat Slip; Ceiling Fan(s); Deck; Dock; Hardwood Floors; Hot Tub; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Wet Bar
Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Dryer; Freezer; Range; Refrigerator
Assumable Loan: Not Assumable
Basement: Concrete Block; Drain Tiled; Partially Finished; Sump Pump
Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary
Construction Materials: Block; Frame
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Informal Dining Room
Electric: 200+ Amp Service; Circuit Breakers
Elevation Highpoint to Waterfront Slope: Level
Exterior: Brick/Stone; Cement Board; Engineered Wood
Family Room Characteristics: 2 or More; Lower Level; Main Level
Fencing: None
Financing Terms: Cash
Fireplace Characteristics: Family Room; Gas Burning; Living Room; Primary Bedroom
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air; Humidifier; In-Floor Heating; Zoned
Lake Details: Sand
Laundry: Main Level
Lock Box Type: Combo
Lot Description: Accessible Shoreline
Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage; Storage
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sewer: City Sewer/Connected
Special Search: Main Floor Laundry
Stories: Four or More Level Split
Water: City Water/Connected
Waterfront View: Bay; North; South
Room Information
Room Name Dimensions Level
Family Room18x13Lower
Kitchen14x11Main
Living Room15x15Upper
Dining Room12x10Main
Third (3rd) Bedroom12x11Upper
Fourth (4th) Bedroom12x10Upper
First (1st) Bedroom18x12Upper
Second (2nd) Bedroom13x12Upper
Bar/Wet Bar Room14x10Lower
Mud Room8x7Main

Listing Office: Compass

Last Updated: April - 23 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Tuesday 26th of May 2026 07:28 PM

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