603 Lake Street, 307, Excelsior, MN 55331 (MLS# 7143535)


$1,299,700
603 Lake Street, 307
Excelsior, MN 55331
MLS# 7143535
3 beds  |  2 baths  |  2036 sqft


Excelsior Bay Gables nestled directly on Excelsior Bay—premium lakeside access and unbeatable walkability.
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Excelsior Bay Gables nestled directly on Excelsior Bay—premium lakeside access and unbeatable walkability. Exceptional convenience with quick access to downtown Excelsior’s boutiques, cafés, and year-round events. Stunning lake views right from your private balcony, overlooking the sparkling waters of Excelsior Bay. Virtually Staged - Enjoy gorgeous lake views right from the living room, offering a peaceful everyday connection to the water. Enjoy gorgeous lake views right from the living room, offering a peaceful everyday connection to the water. Large living room with seamless flow into the dining room and direct access to the balcony. Living room with a vaulted ceiling that opens upward to the loft, creating an airy and connected feel. Enjoy gorgeous lake views right from the living room, offering a peaceful everyday connection to the water. The living room flows effortlessly to the balcony through a large sliding glass door, offering peaceful lake views right outside. Private balcony right off the living room. Living room view into dining room and hallway to laundry room and bedrooms. A stunning wood-burning fireplace highlights the living room, perfect for cozy evenings and relaxed gatherings. Bright, cheerful kitchen with space for a table—perfect for casual meals and morning coffee. Beautiful wood floors extend throughout the main floor, adding warmth and continuity. View from the formal dining area into the kitchen, highlighting the home’s open and connected layout. Virtually Staged - Formal dining room with direct access to the kitchen for easy serving and entertaining. Formal dining room with direct access to the kitchen for easy serving and entertaining. Formal dining area accented by warm wood floors, offering an inviting backdrop for everyday meals and special occasions. Formal dining room with lake views and open access to living room. 603 Lake Street, 307, Excelsior, MN 55331 603 Lake Street, 307, Excelsior, MN 55331 Main-level Bedroom 1 with the full bathroom conveniently located directly across the hallway. Generous in-unit laundry room with a sink and plenty of storage, making everyday tasks easier and more efficient. Primary bath features a large vanity with a separate room for the stool and shower. Primary bath features a dual-sink vanity with abundant storage. 603 Lake Street, 307, Excelsior, MN 55331 The primary bedroom offers direct access to the balcony and captures serene lake views, creating a peaceful retreat. Light-filled bonus loft on the upper level, featuring a skylight and views of the living room—perfect for a cozy reading nook, office, or flex space. 603 Lake Street, 307, Excelsior, MN 55331 603 Lake Street, 307, Excelsior, MN 55331 The community pool sits directly along the shoreline, creating a resort-style experience with peaceful views of Lake Minnetonka. A shared lakeside patio offers peaceful views of Excelsior Bay, creating a serene gathering space for all residents. 603 Lake Street, 307, Excelsior, MN 55331 Inviting sitting area at the entry of the complex welcomes residents and guests. Lobby with direct access to the back patio and lake. The community features a shared hot tub for all residents, offering a relaxing amenity just steps from home. An on-site sauna is available to all residents—perfect for unwinding and recharging. Enjoy a community exercise room available to all residents—perfect for staying active without leaving home. Enjoy easy lake living with an optional boat slip available for an additional fee. Amenity-rich community tennis courts situated along the lake, providing a stunning and active outdoor space for residents. Beautiful walking paths right outside your door, offering an easy stroll into Excelsior. Experience convenient lakeside living at its finest—where everyday comfort meets the beauty of Excelsior Bay. Back of the building positioned to capture lovely views of Excelsior Bay and the surrounding shoreline. 603 Lake Street, 307, Excelsior, MN 55331 603 Lake Street, 307, Excelsior, MN 55331 Circular driveway with plenty of guest parking. 603 Lake Street, 307, Excelsior, MN 55331 Upper-level floor plan showcasing the loft/bonus room layout. Floor plan of the entire unit showcasing the full layout.

Property Description
Maintenance free Lake Minnetonka! Beautiful 2-3 bed, 2-bath condominium in Excelsior Bay Gables—one of the largest units in the community and set in an exceptional lakeside location. This spacious home features a large living room with a vaulted ceiling, stunning wood-burning fireplace, and gorgeous views of Lake Minnetonka. Enjoy lake breezes from the private balcony, accessible from both the living room and the primary bedroom suite. The light and bright kitchen flows into the formal dining room, which opens to the expansive living room for easy entertaining. A spacious in-unit laundry room provides abundant storage and cabinetry. The generous primary suite includes a big walk-in closet and a large private bathroom. The second bedroom offers great flexibility with two closets. An upper-level loft/bonus room overlooks the living room—perfect for an office, 3rd bedroom, lounge, or flex space. An additional room down the hall can serve as storage, an office, or a guest space. Community amenities include an outdoor heated pool, tennis courts, indoor hot tub and sauna, exercise room, two parking spaces in the heated garage, and available boat slips for an additional fee. Unbeatable location near Excelsior—just steps from Maynard’s, Port of Excelsior, Excelsior Commons, and scenic views of Excelsior Bay. Convenient access to Hwy 7 makes everyday living effortless. The perfect way to enjoy lakeside living near Excelsior.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 1299700
Original List Price: 1350000
ListPrice: 1299700
List Date: 2026-09-16
Owner is an Agent?: No
Auction?: No
General Property Information
Assoc Mgmt Co. Phone #: 952-277-2700
Association Fee Frequency: Monthly
Association Mgmt Co. Name: First Service Residential
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: Yes
New Development: No
Number of Fireplaces: 1
Road Btwn WF & Home?: No
Waterfront YN: Yes
Year Built: 1981
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 3
Baths Total: 2
Bath Full: 1
Bath Three Quarters: 1
Main Floor Total SqFt: 2036
Above Grd Total SqFt: 2036
Total SqFt: 2036
Total Finished Sqft: 2036.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (CC) Low Rise (3- Levels)
Foundation Size: 2036
Association Fee: 1521
Garage Stalls: 2
Lot Dimensions: 0 x 0
Assessment Pending: No
Location Tax and Other Information
House Number: 603
Street Name: Lake
Street Suffix: Street
Unit Number: 307
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Condo 0344 Excelsior Bay Gables
Additional Parcels Information
Property ID #2: 3511723220145
Property ID #3: 3511723220143
Assessments
Tax With Assessments: 13962
Building Information
Finished SqFt Above Ground: 2036
Insurance Fee
Insurance Fee Frequency: N/A
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 Stall ID#: 58 & 60
Property Features
Accessible: Accessible Elevator Installed
Air Conditioning: Central Air
Amenities Shared: Boat Slip; Deck; Dock; Elevator(s); Fire Sprinkler System; Hot Tub; In-Ground Sprinkler System; Lobby; Patio; Sauna; Security Building; Security Lights; Tennis Courts
Amenities Unit: Boat Slip; Cable; Ceiling Fan(s); Dock; Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Primary Bedroom Walk-In Closet; Skylight; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Association Fee Includes: Building Exterior; Cable TV; Hazard Insurance; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Security Staff; Shared Amenities; Snow Removal; Water
Basement: None
Bath Description: Double Sink; Main Floor 3/4 Bath; Main Floor Full Bath; 3/4 Primary
Construction Status: Previously Owned
Dining Room Description: Breakfast Area; Eat In Kitchen; Separate/Formal Dining Room
Electric: Circuit Breakers
Elevation Highpoint to Waterfront Slope: Level
Exterior: Vinyl
Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Family Room; Loft; Main Level
Fireplace Characteristics: Living Room; Wood Burning
Foundation: None
Fuel: Natural Gas
Heating: Baseboard
Laundry: Electric Dryer Hookup; In Unit; Laundry Closet; Laundry Room; Main Level; Sink; Washer Hookup
Lock Box Type: Combo
Lot Description: Accessible Shoreline; Irregular Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium
Outbuildings: Hot Tub; Sauna
Parking Characteristics: Finished Garage; Assigned; Garage Door Opener; Heated Garage; Insulated Garage; Storage; Tuckunder Garage
Pool Description: Below Ground; Heated; Shared
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sewer: City Sewer/Connected
Shared Rooms: Exercise Room
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary
Stories: Modified Two Story
Water: City Water/Connected
Waterfront Type: Lake Front; Association Access; Lake View; Dock
Waterfront View: Lake; Panoramic
Room Information
Room Name Dimensions Level
Bathroom8x9Main
Dining Room12 x 12Main
First (1st) Bedroom15x15Main
Foyer9x5Main
Kitchen15 x 12Main
Living Room24 x 20Main
Primary Bath15x5Main
Second (2nd) Bedroom28x14Main
Third (3rd) Bedroom13x13Upper

Listing Office: Trenary Realty Group

Last Updated: October - 08 - 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.

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