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    Excelsior, MN
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    Excelsior, MN Residential Land & Home Lots for Sale

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    Land, Excelsior, MN
    Updated: Aug 17
    Land, Excelsior, MN

    5200 Greenwood Circle, Excelsior, MN 55331

    $498,000
    0.34 AC lot
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    Residential Land in Downtown Excelsior
    Updated: Apr 4, 2025
    Residential Land in Downtown Excelsior

    151 Bell Street, Excelsior, MN 55331

    $499,900
    0.15 AC lot
    Prime downtown Excelsior location.
    Walking distance to Lake Minnetonka, city docks, and swimming beach.
    Close proximity to Excelsior Connons Park and tennis courts.
    Walkable to Village shops on Water Street.
    Near regional trail to Carver Park & Hopkins.
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    Land, Excelsior, MN
    Land, Excelsior, MN

    24560 Smithtown Road, Excelsior, MN 55331

    $499,900
    1.06 AC lot

    Residential land & home lots · 1.06 Acres

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Shorewood Acreage: Approved Development Plans
    Shorewood Acreage: Approved Development Plans

    24560 Smithtown Rd, Excelsior, MN 55331

    $499,900
    1.00 AC lot

    Prime Shorewood parcel with approved plans for six homes.

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    Land, Excelsior, MN
    Land, Excelsior, MN

    21155 Minnetonka Boulevard, Excelsior, MN 55331

    $299,000
    0.23 AC lot

    Land · 0.23 Acres

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    Residential
    Residential

    3961 White Oak Ln, Excelsior, MN 55331

    $1,700,000

    Residential land & home lots

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    South-Facing Residential Build Lot
    South-Facing Residential Build Lot

    6591 Galpin Blvd, Excelsior, MN 55331

    $299,900
    1.00 AC lot

    South-facing one-acre lot for custom home construction, offered for sale near downtown Excelsior.

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    Unimproved Land
    Unimproved Land

    5600 Shorewood Lane, Excelsior, MN 55331

    $270,000

    Residential land & home lots

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    Residential Land in Downtown Excelsior
    Residential Land in Downtown Excelsior

    151 Bell Street, Excelsior, MN 55331

    $499,900

    Land for new construction near Excelsior's amenities and Lake Minnetonka.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Excelsior, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Homesite with Lakeshore Access
    Waterfront Homesite with Lakeshore Access

    970 Pleasant View Road, Chanhassen, MN 55317

    $2,195,000
    1.25 AC lot

    Build a custom walkout home on a 1.25-acre lot with sandy shoreline and direct drive-to-lakeshore access.

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    Rare Interior Lot Opportunity
    Rare Interior Lot Opportunity

    2800xx Casco Point Road, Orono, MN 55391

    $975,000

    0.57-acre lot in Casco Point community, Orono, MN.

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    Land
    Land

    1415 Bracketts Point Road, Orono, MN 55391

    $7,450,000

    Waterfront Land

    View details
    Lots/Land
    Lots/Land

    6591 Galpin Boulevard, Chanhassen, MN 55331

    $299,900

    Residential land & home lots

    View details

    Excelsior, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 9 residential land & home lots for sale in Excelsior, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 164,657 square feet of properties for sale, with an estimated market value of $5,066,500.

    Sale prices for home sites in Excelsior, MN start at $270,000, averaging $562,944, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 6
    Waterfront Land 2

    Demographics Overview

    Population 19K
    Population Growth (5Y) +4.4%
    Median Household Income $160,029
    College Educated 99.9%

    High-Yield Neighborhoods for Investment

    Identify Excelsior submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55331 $596.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.73%
    Property Tax per SF $26.95 per SF
    Tax Rate vs County Average 0.30 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hennepin County

    New Delisted

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