516 Grace Street, Excelsior, MN 55331

$915,000
4
BD
3
BA
2,574
SqFt

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Sold Price
$915,000
List Price
$850,000
Days on Market
53
Closing Date
Apr 20, 2026
MLS#
7021243
Status
CLOSED
Type
Single Family Residential
Bedrooms
4
Bathrooms
3
Living Area
2,574
Acres
0.36
Subdivision
Zims Add
Year Built
1957

Property Description

Main floor living in Excelsior with private water views! Fully remodeled to the studs in 2020/2021 and re-crafted with a nod to its midcentury heritage while adding all the necessary spaces and amenities for today's living. Open Kitchen with large island and a built in bistro bench offers fabulous views of the lake and graciously welcomes the the sunlight thru its large lakeside windows. 2 bedrooms & 2 bathrooms on main including a true primary suite boasting; dual sinks, large shower, walk in closet and a screen porch. A 2nd large bedroom on main offers flexible space for lakeside bedroom/office/den with a 2nd full bath & laundry rounding out the main level. In the full walk out lower level you'll find 2 bedrooms and refreshed 3/4 bath giving room for guests who will all want to visit your new home in Excelsior - as well as a family room and a flex/exercise room! New deck and circle concrete driveway as well as all new windows, roof, gutters, siding & landscaping make this a truly turn key offering all an easy walk into the Village and all it has to offer. The perfect size with thoughtful layout and touches - this home punches above it's weight with spaces, finishes and location.

Additional Information

School District
Minnetonka
Amenities Unit
Ceiling Fan(s), Exercise Room, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Patio, Porch, In-Ground Sprinkler, Tile Floors, Washer/Dryer Hookup, Wet Bar, Walk-In Closet
Appliances
Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Tax Year
2025
Waterfront Features
Lake Front, Lake View
Fuel
Natural Gas
Lot Description
Tree Coverage - Medium
Water Body Name
Galpin
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt
Air Conditioning
Central Air
Heating
Forced Air, In-Floor Heating
Water
City Water/Connected
Basement
Block, Egress Window(s), Full, Walkout
Parking
Attached Garage, Concrete, Insulated Garage
Garage Spaces
1

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.

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