55 Fairhope Avenue, Excelsior, MN 55331

$2,120,000
4
BD
4
BA
3,199
SqFt

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Sold Price
$2,120,000
List Price
$2,195,000
Days on Market
35
Closing Date
Apr 18, 2025
MLS#
6685388
Status
CLOSED
Type
Single Family Residential
Bedrooms
4
Bathrooms
4
Living Area
3,199
Acres
0.59
Subdivision
Tonka Fairhope
Year Built
1952

Property Description

Extraordinary opportunity to live surrounded by Lake Minnetonka! This property features over 100 feet of quiet water shoreline for a year-round dock and canopy, plus an additional 70 feet of sandy shoreline with a beach area, fire pit, and private swimming hole right off your back deck. The interior was beautifully remodeled in 2021, boasting new Cambria countertops, fresh interior and exterior paint, a refreshed primary bath, new doors and trim, a backup generator, and a hot tub—plus much more. Designed for both living and entertaining, the home includes a lower-level pub with heated floors, four bedrooms upstairs, and an additional living room with stunning lake views. A spacious top-floor bonus room offers even more flexibility. Don’t miss the recently insulated and sheetrocked loft above the garage—ideal for a private office or workout space. Located in the Minnetonka School District, within the sought-after Minnewashta Elementary boundary.

Additional Information

School District
Minnetonka
Amenities Unit
Ceiling Fan(s), Deck, Dock, Hardwood Floors, Hot Tub, Kitchen Center Island, Kitchen Window, Natural Woodwork, Boat Slip, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Wet Bar, Walk-In Closet
Appliances
Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
Tax Year
2024
Waterfront Features
Lake Front
Fencing
None
Fuel
Natural Gas
Lot Description
Accessible Shoreline
Water Body Name
Minnetonka
Sewer
City Sewer/Connected
Roof
Age Over 8 Years, Asphalt
Air Conditioning
Central Air
Heating
Forced Air, Fireplace(s), Humidifier, In-Floor Heating, Zoned
Water
City Water/Connected
Basement
Block, Drain Tiled, Finished, Partially Finished, Sump Pump
Parking
Attached Garage, Concrete, Driveway - Other Surface, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Insulated Garage, Parking Garage, More Parking Onsite for Fee, Storage
Garage Spaces
2

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Listing courtesy of Compass.

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