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Sold on 04/08/2026
  • Exterior
  • Living
  • Kitchen
  • Other
  • Bedroom
  • Bath
  • View/Area

248 Center St, Excelsior, MN 55331

$669,400

Last sold 04/08/2026 after 33 Hours

  • 2

    bed

  • 2

    bath

  • 1,280

    Sqft ($523/Sqft)

House not for sale
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About 248 Center St

Property type House
Year built 1900
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
Nestled on a quiet street in the Village of Excelsior, this cozy cottage offers an opportunity to embrace one of the most sought-after settings steps from Lake Minnetonka. Whether you envision creating an in-town summer cabin, taking on a renovation project, or you’re looking for a premier site to build new, the possibilities here are exceptional. Sited on a tree-lined corner, a detached shed provides additional storage while the lot offers an opportunity to build a two-car garage. Just a short stroll from iconic Water Street where boutiques, award-winning dining, coffee shops, and the vibrant energy of this historic lake town await. Spend summer evenings at Concerts in the Commons and take part in Excelsior’s beloved year-round community events, including Art on the Lake, Lake Minnetonka’s Fourth of July, Apple Days and much more. Adventure beyond the village by hopping on the nearby Lake Minnetonka LRT Regional Trail for miles of scenic biking and walking. Residents of Excelsior can apply for a dock slip on Lake Minnetonka through the City’s dock program, availability is limited and there is currently a waiting list.
Listed by
Listing Agent - Sharla K Stafford
Listing Office - Coldwell Banker Burnet
Source: Northstar MLS mls logo
MLS#7037595 • last updated 4 months ago
Movoto checked Northstar MLS for data 2 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Forced Air
Levels/Style One And One Half
Virtual Tour N/A
MLS # 7037595
Type Residential
SubType Single Family
Property Tax 9436
Tax Assessment 9436
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
# Three-Quarter Baths 1
Total # of Bathrooms 2
Bathrooms Bathroom Ensuite, Main Floor Full Bath, Upper Level 3/4 Bath
# Full Baths 1
# Bedrooms 2
Dining Room Breakfast Area, Eat In Kitchen, Informal Dining Room, Living/Dining Room, Separate/Formal Dining Room
Laundry Gas Dryer Hookup, Lower Level, Sink, Washer Hookup
Accessibility Features None
Interior Features Ceiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Skylight, Walk-In Closet
Fireplace Family Room, Gas
Exterior
Construction Frame
Parking Desc On-Street Parking Only
Lot Desc Public Transit (w/in 6 Blks), Corner Lot, Tree Coverage - Medium
Other Structures Storage Shed
Amenities / Utilities
Electric Circuit Breakers
Power Company Xcel Energy
Water Source City Water/Connected
Location
County Hennepin
High School District Minnetonka
APN 3411723120063
Zoning Residential-Single Family
Lot/ Land Details
Road Frontage City Street, Curbs, Paved Streets
Present Use Yearly
Road Responsibility Public Maintained Road
$650K
Range: $604K-$695K
Last 30 days 
Rental est.: $1,235/month
Gross rent multiplier: 45.2
  • May 2026
    mls logo MLS # 7037595
  • May 8, 2026 Sold
    $669,400 (+3.0%)
  • Apr 8, 2026 Pending
    —
  • Apr 6, 2026 Listed
    $650,000 (+72.2%)
  • Sep 2007
    Public Records
  • Sep 20, 2007 Sold
    $377,500 (+14.4%)
  • May 2005
    Public Records
  • May 16, 2005 Sold
    $330,000 (+3.4%)
  • Aug 2004
    Public Records
  • Aug 26, 2004 Sold
    $319,000
  • Year Property taxes Tax assessment
  • 2025
    $9,072 +17.5%
    $821,000 +11.38%
  • 2024
    $7,720
    $737,100
  • 2023
    $7,720 +2.6%
    $737,100 +17.56%
  • 2022
    $7,526 +5.5%
    $627,000
  • 2021
    $7,133 +2.2%
    $627,000 +8.67%
  • 2020
    $6,981 +5.3%
    $577,000 +5.48%
  • 2019
    $6,630
    $547,000 +2.82%
  • 2018
    $6,629 +21.3%
    $532,000 +22.02%
  • 2017
    $5,467 -6.0%
    $436,000
  • 2016
    $5,817
    —
  • 248 Center St
    $669K
  • —
  • 55331
    $1.15M +16% y/y
  • Excelsior
    $1.49M +15% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
240 Center St, Excelsior, MN 55331 $727,000 3/1 893 0.01
243 3rd St, Excelsior, MN 55331 $1,379,000 3/2 1,671 0.02
234 Center St, Excelsior, MN 55331 $779,000 2/1 1,203 0.02
231 3rd St, Excelsior, MN 55331 $1,504,000 3/2 2,230 0.02
237 Center St, Excelsior, MN 55331 $1,543,000 5/3 2,856 0.03
220 Bell St, Excelsior, MN 55331 $2,299,000 5/2 2,909 0.03
221 3rd St, Excelsior, MN 55331 $1,274,000 5/2 1,645 0.03
224 3rd St, Excelsior, MN 55331 $992,900 4/1 1,644 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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9/10
Excelsior Elementary School
public Grades K-5
Minnetonka Public School District
10/10
Minnetonka Senior High School
public Grades 9-12
Minnetonka Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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