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    Excelsior, MN Residential Land & Home Lots for Sale

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    Shorewood, MN Chanhassen, MN Minnetrista, MN
    Residential Land in Downtown Excelsior
    $499,900
    0.15 Acres
    Residential Land in Downtown Excelsior

    151 Bell Street, Excelsior, MN 55331

    Land for new construction in downtown Excelsior, near Lake Minnetonka.
    • 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.
    Updated: Apr 4, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Shorewood Land Parcel Opportunity
    $599,000
    1.06 Acres
    Shorewood Land Parcel Opportunity

    Prime 1.06-acre parcel in Shorewood, city-approved for six homes.

    24560 Smithtown Road, Shorewood, MN 55331

    View details
    Shorewood Land Near Lake Minnetonka
    $775,000
    1.81 Acres
    Shorewood Land Near Lake Minnetonka

    1.8-acre lot near Lake Minnetonka and downtown Excelsior.

    24695 Glen Road, Shorewood, MN 55331

    View details
    Christmas Lake Luxury Homesite
    $2,195,000
    1.25 Acres
    Christmas Lake Luxury Homesite

    Premier 1.25-acre luxury homesite with 120 feet of shoreline.

    970 Pleasant View Road, Chanhassen, MN 55317

    View details
    Chanhassen Land: Build Your Dream
    $299,900
    1.01 Acres
    Chanhassen Land: Build Your Dream

    One-acre lot in Chanhassen, build your dream home!

    6591 Galpin Boulevard, Chanhassen, MN 55331

    View details

    Excelsior, MN Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 1 residential land & home lots for sale in Excelsior, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $499,900.

    Sale prices for home sites in Excelsior, MN start at $499,900, averaging $499,900, and reaching up to $499,900 — 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

    Residential land & home lots 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    55331 $499.9K

    Taxes & Financing

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

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