262 Lake Street, Excelsior, MN 55331

$1,250,000
2,580
SqFt
Sold Price
$1,250,000
List Price
$1,150,000
Closing Date
Jul 01, 2022
MLS#
6216563
Status
CLOSED
Type
Multifamily
Style
(MF) Duplex Side X Side
Living Area
2,580
Acres
0.17
Subdivision
Seamans Sub Of Lts 7 & 8 Excel
Year Built
1900

Property Description

Undoubtedly one of Excelsior's finest and most historic homes is now available for the first time in years. Perched above the shores of Excelsior Bay 262/264 Lake St also known as the Kalorama Cottage. It was Originally built in 1882 as a summer boarding house and was later converted to a duplex. Each side has a kitchen, living room, dining room, 3 bedrooms and a wonderful 3 season porch offering amazing views of Excelsior Bay. This home is number #12 on the list of Historic Preservation Landmarks and remodeling of the exterior will have to be approved by the Historic Preservation Commission Remodeling of the inside does not require approval from the Commission and the home could be converted to a single-family home if desired. Extensive remodeling is needed and most of the value is in the land.

Additional Information

School District
Minnetonka
Tax Amount
$9,202
Tax Year
2022
Lake Waterfront
Lake View
Fencing
None
Fuel
Natural Gas
Lot Description
Public Transit (w/in 6 blks), Property Adjoins Public Land, Tree Coverage - Medium
Lake Waterfront Name
Minnetonka
Sewer
City Sewer/Connected
Roof
Age Over 8 Years, Asphalt, Pitched
Heating
Forced Air
Water
City Water/Connected
Handicap Accessible
None
Basement
Full
Parking
Detached, Gravel
Garage Spaces
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Selling Office: .

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