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Sold on 07/26/2025

475 Lakeview Ave, Excelsior, MN 55331

$1,445,000

Last sold 07/26/2025 for $1.25M

  • 1

    bed

  • 2

    bath

  • 1,520

    Sqft ($822/Sqft)

House not for sale
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About 475 Lakeview Ave

Property type House
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Opportunity knocks. Offered for the first time in over 50 years. Nestled on a secluded no-outlet road, this unique lake home offers the perfect blend of tranquility, charm, and untapped potential. Just steps away from the water’s edge with 40 feet of South facing lakeshore on Gideon's Bay, boasting breathtaking panoramic lake views. Enjoy the spacious screened-in deck, designed to soak in the scenery year-round. Inside, the home features vaulted ceilings, skylights, hardwood floors, and a cozy fireplace, all enhanced by a unique open floor plan that’s perfect for entertaining or unwinding. Whether you're looking for a serene getaway, a renovation opportunity, or a dream rebuild, this property is poised with potential. Located just minutes from Downtown Excelsior, shopping and everyday amenities, yet worlds away from the hustle, this is your chance to own a slice of lakeside paradise. Don’t miss this rare opportunity to create your perfect lakefront lifestyle.
Listed by
Listing Agent - Kerby & Cristina Real Estate Experts
Listing Office - RE/MAX Results Medicine Lake
Source: Northstar MLS mls logo
MLS#6730566 • last updated 1 week ago
Movoto checked Northstar MLS for data 7 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style One
MLS # 6730566
Type Residential
SubType Single Family
Property Tax 16043.06
Tax Assessment 16043.06
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
# Three-Quarter Baths 2
Total # of Bathrooms 2
Bathrooms 3/4 Basement, Main Floor 3/4 Bath
# Bedrooms 1
Dining Room Breakfast Bar
Laundry Electric Dryer Hookup, Lower Level, Washer Hookup
Accessibility Features None
Interior Features Deck, Hardwood Floors, Kitchen Window, Panoramic View, Skylight, Vaulted Ceiling(s), Washer/Dryer Hookup
Fireplace Decorative, Gas
Exterior
# Garage Spaces 2
Parking Desc Detached Garage, Concrete
Lot Desc Accessible Shoreline, Tree Coverage - Heavy
Fencing None
Amenities / Utilities
Water Source City Water/Connected
Pool Desc None
Location
View Bay, Lake, South
Waterfront Lake Front, Lake View
County Hennepin
Subdivision Minnetonka Lake Park
High School District Minnetonka
APN 2711723320016
Zoning Residential-Single Family
Lot/ Land Details
Road Frontage City Street, No Outlet/Dead End, Paved Streets
Present Use Yearly
Road Responsibility Public Maintained Road
$1.44M
Range: $1.15M-$1.73M
Last 30 days 
Rental est.: $1,287/month
Gross rent multiplier: 80.9
  • Aug 2025
    Public Records
  • Aug 25, 2025 Sold
    $1,250,000
  • Aug 2025
    mls logo MLS # 6730566
  • Aug 22, 2025 Sold
    $1,250,000 (-7.3%)
  • Aug 1, 2025 Pending
    —
  • Jul 25, 2025 Price Change
    $1,349,000 (-3.6%)
  • Jun 14, 2025 Listed
    $1,399,000
  • Year Property taxes Tax assessment
  • 2025
    $16,043 +19.4%
    $1,320,500 +21.43%
  • 2024
    $13,439
    $1,087,500
  • 2023
    $13,439 +22.3%
    $1,087,500 +23.44%
  • 2022
    $10,989 +8.0%
    $881,000
  • 2021
    $10,180 -4.0%
    $881,000 +19.86%
  • 2020
    $10,607 +8.8%
    $735,000 -0.41%
  • 2019
    $9,747 -6.2%
    $738,000 -5.99%
  • 2018
    $10,397 +14.8%
    $785,000 +14.43%
  • 2017
    $9,058 +5.6%
    $686,000
  • 2016
    $8,574
    —
  • 475 Lakeview Ave
    $1.25M
  • Minnetonka Lake Park
    —
  • 55331
    $1.1M +11% y/y
  • Excelsior
    $1.44M +11% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
485 Lakeview Ave, Excelsior, MN 55331 $2,218,000 3/1 2,112 0.01
465 Lakeview Ave, Excelsior, MN 55331 $3,027,000 3/2 1,952 0.03
455 Lakeview Ave, Excelsior, MN 55331 $4,592,000 5/2 4,110 0.04
450 Lakeview Ave, Excelsior, MN 55331 $887,000 5/2 2,058 0.04
130 Gideons Point Rd, Excelsior, MN 55331 $2,268,000 4/2 3,152 0.04
45 Hazel St, Excelsior, MN 55331 $688,000 3/1 1,232 0.05
140 Gideons Point Rd, Excelsior, MN 55331 $2,396,000 5/3 4,814 0.05
440 Lakeview Ave, Excelsior, MN 55331 $1,219,000 4/2 2,704 0.05

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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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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