Excelsior Bay | Lake Minnetonka

Excelsior Bay is a picturesque and sought-after enclave nestled along the southern shores of Lake Minnetonka, adjacent to the historic City of Excelsior and the charming lakeside community of Greenwood. This stunning bay offers a perfect balance of serene natural beauty and a vibrant, active lifestyle. Whether you’re a homebuyer, boater, or outdoor enthusiast, Excelsior Bay presents an unmatched combination of waterfront living and convenient access to top-tier amenities, including dining, shopping, and cultural attractions.  

Why Choose Excelsior Bay?

Excelsior Bay is renowned for its tranquil waters, breathtaking views, and recreational appeal. The calm environment is ideal for boating, fishing, kayaking, paddleboarding, and waterskiing. The adjacent Excelsior Commons, a beloved 13-acre lakeside park established in 1854, offers green spaces, picnic areas, a swimming beach, and a playground, making it a prime destination for families and outdoor lovers alike.  

Nearby Sunrise Point provides stunning sunrise views over the bay, while Solberg Point offers a peaceful retreat for those looking to escape into nature. Frog Island, a small yet significant feature of the bay, adds to the area's unique landscape, serving as a scenic waypoint for boaters and kayakers.  

Prime Location and Accessibility

Excelsior Bay’s convenient location ensures easy access to major roadways, including Minnesota State Highway 7, making commuting to the Twin Cities metropolitan area seamless. Residents and visitors can enjoy a rich local history, with landmarks such as the historic Excelsior Amusement Park site, the Old Log Theater, and the charming downtown Excelsior, which offers a mix of boutique shops, fine dining, and lively community events.  

Notable Nearby Bays, Islands, and Points  

Excelsior Bay is surrounded by other notable Lake Minnetonka destinations:  

  • Gideon Bay – A peaceful area known for its excellent fishing opportunities and calm waters.
  • St. Albans Bay – Features a vibrant lakeside community with convenient access to Excelsior’s shops and restaurants.
  • Echo Bay – Offers a serene boating experience with easy access to Lake Minnetonka’s broader waters.
  • Lower Lake South – Provides a mix of quiet residential areas and active boating channels, connecting Excelsior Bay to other key parts of the lake.  

Water Quality & Clarity  

Excelsior Bay maintains good water quality, supported by ongoing conservation efforts and responsible residential practices. Seasonal variations can affect water clarity, but community-led initiatives and regular monitoring help preserve the bay’s pristine environment, ensuring it remains an inviting location for swimming, boating, and other aquatic activities.  

Real Estate on Excelsior Bay – What to Expect  

Excelsior Bay's real estate market features an eclectic mix of historic homes, elegant lakefront estates, and modern properties designed for luxury living. Many residences boast private docks, panoramic lake views, and walkability to Excelsior’s vibrant downtown. The area's strong property values are driven by its limited waterfront availability, high desirability, and proximity to premier amenities. Whether you're seeking a quaint lakeside cottage or a sprawling custom home, Excelsior Bay offers a diverse selection of properties that cater to different lifestyles.  

Schools and School District  

Excelsior Bay is served by the Minnetonka School District, one of the top-ranked districts in Minnesota. Schools such as Excelsior Elementary provide exceptional educational programs, making the area an attractive choice for families seeking high-quality academics for their children. The district’s strong reputation adds further value to the real estate market, making homes in the area even more sought-after.  

Buying or Selling on Excelsior Bay  

If you’re considering buying or selling a property on Excelsior Bay, partnering with a trusted local real estate expert is essential. With a unique mix of natural beauty, recreational opportunities, and prime location, Excelsior Bay remains one of the most desirable spots on Lake Minnetonka. Contact us today to explore available listings, schedule a private showing, or discuss strategies for maximizing your property’s value in this highly competitive market.  

Explore other nearby bays and points of interest to find the perfect location for your lakefront lifestyle:  

  • Gideon Bay – Known for its serene environment and excellent fishing opportunities.
  • St. Albans Bay – Offers a vibrant community with access to local shops and dining options.
  • Wayzata Bay – Features clear waters ideal for boating and swimming.
  • Lower Lake South – A gateway to some of Lake Minnetonka’s best boating routes.
  • Solberg Point – A scenic and peaceful area perfect for those seeking privacy on the water.  


Embrace the serene and fulfilling Excelsior Bay lifestyle—make it your home today!

$1,150,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7099377 MLS ⋅ 1,669 SqFt.
Effortless lake living! Amazing front unit (closest to the lake) at sought-after Excelsior Bay Gables featuring breath-taking panoramic views of Lake Minnetonka's Excelsior Bay! The primary suite and second bedroom/den bookend this naturally sun-filled unit. View the lake from almost every single window or patio door in this stunning condo. This might be the very best view in the whole complex! Enjoy a covered wrap-around maintenance free balcony that takes full advantage of the lake views and surrounding natural beauty. The bonus room across the hall can be used as an office or additional storage. HOA amenities include a heated swimming pool, tennis courts, year-round hot tub and sauna facilities, fitness center, private docks with boat slip rentals available ($1244/season), meticulously maintained outdoor common areas, and 2 secure underground heated garage parking stalls (#20 & #21). EZ walk to everything Historic Excelsior has to offer-charming shops, many excellent restaurants and beautiful Commons Park with 2 beaches, lighted softball field and bandshell. Take the sidewalk from the parking lot just 2 blocks east and jump on the LRT trail to walk/bike almost anywhere. Whether you are enjoying drinks on your balcony, walking to your favorite restaurant, swimming in the heated pool, playing a game of tennis or taking your boat out on the lake, you will never be at loss for something to do!

603 Lake Street Unit 215, Excelsior

Listing courtesy of Edina Realty, Inc..

$5,299,900
ACTIVE Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 7080605 MLS ⋅ 3,616 SqFt.
One of the finest lots on Lake Minnetonka, this extraordinary peninsula property offers breathtaking panoramic views spanning Excelsior Bay, Gideons Bay, Big Island, and the Lower Lake. A truly once-in-a-lifetime opportunity, the property features 240 feet of premier shoreline with two private docks and additional boat slips, creating the ultimate setting for boating, paddleboarding, waterskiing, and effortless lakefront living. Enjoy spectacular sunsets and front-row views of Excelsior’s Fourth of July fireworks from your own deck or patio. The charming existing home offers timeless lake character and comfortable living spaces ideal for year-round enjoyment or weekend retreats, while also presenting an exceptional opportunity to build a custom luxury estate and fully maximize the unmatched setting and panoramic views. Inside, the home features inviting living spaces with hardwood floors, beamed ceilings, a stone wood-burning fireplace, and walls of windows framing the stunning lake views. The main level includes a bedroom and full bath for added flexibility, while the upper level offers a private primary suite with ensuite bath, two additional bedrooms, a ¾ bath, and convenient upper-level laundry. Expansive outdoor decks and patios provide the perfect spaces for entertaining or relaxing along the water’s edge. Located just minutes from downtown Excelsior, enjoy convenient access to trails, boutique shopping, award-winning restaurants, and year-round community events in one of Lake Minnetonka’s most sought-after settings.

5150 Meadville Street, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$1,275,000
CLOSED Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7061642 MLS ⋅ 2,036 SqFt.
Sold before print

603 Lake Street Unit 307, Excelsior

Listing courtesy of Trenary Realty Group.

$3,425,000
CLOSED Status ⋅ 5 Beds ⋅ 3 Baths ⋅ 7006231 MLS ⋅ 2,393 SqFt.
Offered for the first time in over 60 years, 5080 Meadville Street provides a once-in-a-generation opportunity to secure a premier west-facing property on one of Greenwoods most cherished streets. Located just a short walk from the heart of downtown Excelsior, you are minutes from great dining, specialty boutiques, and the year around energy of Lake Minnetonka's most charming town. This exceptional property features 110 feet of lakeshore and is being sold as-is. Whether you choose to enjoy the home in its current, livable state or envision a custom new-build, the potential is unmatched. For those inspired by new construction, conceptual renderings prepared by Kyle Hunt & Partners are available to illustrate the site’s extraordinary possibilities, or bring your own builder to explore the site. View this unique combination of iconic lake setting, walkability, and year-round enjoyment in one of Lake Minnetonka’s most coveted locations.

5080 Meadville Street, Greenwood

Listing courtesy of Coldwell Banker Realty.

$3,425,000
CLOSED Status ⋅ 6760250 MLS
Offered for the first time in over 60 years, 5080 Meadville Street provides a once-in-a-generation opportunity to secure a premier west-facing property on one of Greenwoods most cherished streets. Located just a short walk from the heart of downtown Excelsior, you are minutes from great dining, specialty boutiques, and the year around energy of Lake Minnetonka's most charming town. This exceptional property features 110 feet of lakeshore and is being sold as-is. Whether you choose to enjoy the home in its current, livable state or envision a custom new-build, the potential is unmatched. For those inspired by new construction, conceptual renderings prepared by Kyle Hunt & Partners are available to illustrate the site’s extraordinary possibilities, or bring your own builder to explore the site. View this unique combination of iconic lake setting, walkability, and year-round enjoyment in one of Lake Minnetonka’s most coveted locations.

5080 Meadville Street, Greenwood

Listing courtesy of Coldwell Banker Realty.

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