Excelsior Homes under $600,000

Welcome to Excelsior, Minnesota – a charming lakeside community that perfectly blends small-town charm with modern amenities. Nestled along the shores of Lake Minnetonka, Excelsior is renowned for its picturesque scenery, vibrant downtown, and a rich history that dates back to the 1800s. This delightful city offers residents an array of recreational activities, from sailing and fishing on the lake to exploring the scenic parks and trails that wind through the area.

Excelsior's downtown area is a hub of activity, featuring unique boutiques, cozy cafes, and delicious dining options. Whether you’re enjoying a leisurely stroll along Water Street or attending one of the many community events throughout the year, there’s always something to see and do in this lively town.

For those looking to settle down in Excelsior, the real estate market has something for everyone, including a selection of beautiful homes priced under $600,000. These properties offer a perfect opportunity for first-time buyers, families, or anyone looking to enjoy the serene lifestyle this city has to offer. From charming historic homes to contemporary designs, you’ll find a variety of styles that cater to diverse tastes.

With its welcoming community, stunning natural beauty, and affordable housing options, Excelsior is not just a place to live; it’s a place to thrive. Discover your dream home in this idyllic lakeside town and experience everything Excelsior has to offer!

Newest Excelsior Homes under $600,000

$535,000

4 Beds ⋅ 2 Baths ⋅ 7143846 MLS

Your own private oasis in the heart of Tonka Bay! Set on a spacious .59-acre lot with mature trees and peaceful wetland views, this 4-bedroom, 2-bath home offers the perfect blend of privacy and Lake Minnetonka lifestyle. Walk via the nearby fire lane to Lake Minnetonka or downtown Excelsior or hop not he Regional Trail. Inside, the bright and inviting main level features hardwood floors and an easy flow from the spacious living and dining rooms into the kitchen with plentiful space. Step outside to enjoy multiple outdoor living spaces including a large deck, hot tub, beautiful hardscaping, blue stone paver patio with hanging bed, boulder boarders and fire pit overlooking the wetlands. Two bedrooms and an updated bath complete the main level, while the lower level offers a second family room, two additional bedrooms and a spacious bath with an oversized shower and future potential for a sauna or steam shower. New light fixtures and custom window shades throughout. Hard to find 620+ sq. ft. heated and insulated garage with room for boats, toys and more. All of this in the Minnetonka School District, just minutes from everything Excelsior has to offer.

10 Woodlawn Avenue, Excelsior

Listing courtesy of RE/MAX Results.

$550,000

3 Beds ⋅ 2 Baths ⋅ 7140532 MLS

Welcome to 4305 Cottagewood Ct, located in the highly sought-after Woodland Cove neighborhood just moments from the shores of Lake Minnetonka. This charming 3BD/2BA home delivers true main level living in a meticulously maintained 2018 build — all the appeal of nearly new construction with none of the wait. Thoughtfully designed and well appointed throughout, the open floor plan spans 1,800 sq ft and flows effortlessly from living spaces to a stunning deck surrounded by beautiful, mature landscaping — perfect for relaxing or entertaining. The unfinished basement arrives already plumbed for a bathroom, offering incredible potential to add value and square footage on your timeline. Woodland Cove residents enjoy an exceptional lifestyle with resort-style shared amenities including a sparkling pool, clubhouse, recreation area, pickleball courts, and scenic walking trails — all just minutes from everything Lake Minnetonka has to offer. Homes like this don't last. Schedule your showing today.

4305 Cottagewood Court, Excelsior

Listing courtesy of Edina Realty, Inc..

$574,900

3 Beds ⋅ 2 Baths ⋅ 7122163 MLS

Rare redevelopment opportunity on 1st Street - the “gem of all the streets” in the Village of Excelsior! Most of the homes on this quiet, one-way street are new or substantially renovated! Bring your vision to this gutted single-family home and create something truly special in one of the lake area’s most desirable and walkable communities. Renovate the existing structure or start fresh with new construction and take advantage of the property’s prime location and one block from Excelsior Commons, the swim beach, tennis courts, baseball diamond, and the City of Excelsior boat docks. Architectural plans have already been developed with local architect Mike Sharratt, who has an as a great track record with the City of Excelsior, for a thoughtfully designed home that works beautifully with the small size of the lot. This will give the next owner an exciting head start on the possibilities. Enjoy the best of the walkable Excelsior lifestyle just blocks from downtown, with restaurants, shops, coffee, parks, trails, beaches and Lake Minnetonka all close by. Opportunities to create a custom home in the Village are increasingly hard to find. Bring your builder, your vision, and create something exceptional in Excelsior.

111 1st Street, Excelsior

Listing courtesy of Compass.

$599,000

4 Beds ⋅ 3 Baths ⋅ 7123402 MLS

Prime Excelsior location—walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails. This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office. Separate climate controlled studio/office ideal for remote work, fitness, or creative use. Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard. Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation. Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring. Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.

542 3rd Avenue, Excelsior

Listing courtesy of Coldwell Banker Realty.

$499,999

3 Beds ⋅ 3 Baths ⋅ 7121634 MLS

RARE OPPORTUNITY MINUTES TO THE HEART OF EXCELSIOR Unlock the full potential of this prime Excelsior address. Nestled on Echo Road in one of the Twin Cities' most sought-after communities, this property offers a rare chance to renovate an existing home or build your dream residence from the ground up all in a location that's truly hard to beat. Situated just minutes from the charming shops, restaurants, bike paths, and lakefront of downtown Excelsior, and with easy access to Lake Minnetonka and several marinas, this is the kind of address buyers wait years for. The established neighborhood features mature trees, generous lot sizes, and a quiet, residential feel that perfectly balances convenience with tranquility. Located in the top-rated Minnetonka School District. Whether you're an investor, builder, or buyer with a vision, the bones are here - bring your plans and make it your own. Properties in this corridor don't come available often, and with comparable homes on Echo Road commanding strong values, the upside is undeniable. Priced for opportunity. Sold as-is. Schedule your showing today.

5690 Echo Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$575,000

5 Beds ⋅ 4 Baths ⋅ 7117847 MLS

Discover the perfect blend of space and serenity with this expansive 5BR/4BA home nestled on 1.32 acres in the sought-after Minnetonka School District. Boasting a prime location near Lake Minnetonka and Minnewashta, and the charming town of Excelsior. This property offers picturesque views and lush surroundings. The main residence features a spacious layout with 3 bedrooms, 3 bathrooms, a versatile bonus room, and a cozy loft area, complemented by an attached 2BR/1BA apartment, ideal for guests. While this home is a remarkable find for those seeking space and potential, it presents a fantastic opportunity to build your own dream home on this great piece of land! Don't miss out on making this unique property your own and enjoy the best of nature's beauty and convenience. *note some photos are virtually staged

2730 Orchard Lane, Excelsior

Listing courtesy of eXp Realty.

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