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Active NEW!
$1,850,000
/mo Edit
Single Family:  1 Story
4 br • 4 ba • Built 2026
2,633 sqft • 0.18 acres
Minnetonka schools
MLS# 7126003
Open House
         10a - 12p
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    Property Description

    Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka. Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings. The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber. The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own. Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka. More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.

    Listing

    Contingency: None
    Price per sq ft: $703
    City: Excelsior
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55331
    Subdivision Name: Auditors Sub 135
    Builder Name: PRICE HOMES

    Interior

    Living Area: 2,633 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Cooktop
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Gas Water Heater
    • Microwave
    • Refrigerator
    • Stainless Steel Appliances
    • Wall Oven
    • Washer
    Fireplace Details:
    • Electric
    • Living Room
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 22x22
    Garage Size: 484 ft2
    Garage Door Height: 8
    Garage Door Width: 18
    Air Conditioning: Central Air
    Foundation Size: 1,378 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage
    Unit Amenities:
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Kitchen Window
    • Local Area Network
    • Main Floor Primary Bedroom
    • Porch
    • Primary Bedroom Walk-In Closet
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material:
    • Concrete
    • Frame
    Roof Details: Architectural Shingle

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 1
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Primary
    • Bathroom Ensuite
    • Full Basement
    • Main Floor 1/2 Bath
    • Private Primary
    • Two Basement Baths
    Dining/Kitchen: Kitchen/Dining Room
    Laundry:
    • Electric Dryer Hookup
    • Laundry Room
    • Main Level
    • Washer Hookup
    Main Level Size Sq Ft
    Bedroom  13 x 14  182 
    Kitchen  16 x 13  208 
    Laundry  6 x 7  42 
    Living Room  16 x 25  400 
    Primary Bathroom  11 x 14  154 
    Mud Room  6 x 8  48 
    Office  12 x 12  144 
    Walk-In Closet  9 x 8  72 
    Lower Level Size Sq Ft
    Family Room  15 x 21  315 
    Bedroom 4  12 x 12  144 
    Bedroom 2  11 x 14  154 
    Bedroom 3  13 x 13  169 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.18
    Geolocation: 44.9055723492, -93.5699178191
    Lot Dimensions: 66 x 124 x 61 x 123
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $9,186
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,186
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Completion Date: 08/14/2026
    Fuel System: Natural Gas
    Model Location: Excelsior
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.