4940 Meadville Street, Excelsior, MN 55331

$5,450,000 Asking Price

4 beds
6 baths
7,325  sqft
Built in 1995

*NEW* Interior & Exterior UPDATES COMPLETE. Private detached GUESTHOUSE that sleeps six! Sunset showings are impressive! Buyer/Buyer's Agent to verify all measurements. Step into a world of classic elegance in this enchanting English inspired home on Lake Minnetonka. Experience the ultimate in luxury lake-living each season with west-facing panoramic views and stunning sunsets. Built by Steiner & Koppelman and architectural design by Sharratt & Co. This home provides the convenience of main floor living and an elevator that services all three levels. The two upper-level junior suites provide privacy and tree-top lake views, one with its own balcony. Entertain and have a blast in the lower-level family room surrounded by an authentic pub-style bar, dining nook and billiards game room. Need a place for friends, relatives and out-of-town guests to stay. Check out the charming nautical-theme guesthouse complete with its own kitchenette and full bathroom. Additional property features include a three-car tandem garage, multiple storage rooms, an original lakeside boathouse, three separate outdoor patios and expansive flower landscaping. Recent home updates include a 2024 roof, fresh paint, new light fixtures, window enhancements and landscaping. Enjoy a prime location with easy access to the Lake Minnetonka Regional Trail, downtown Excelsior, and Cottagewood neighborhood. Don't hesitate, enjoy living the Lake Minnetonka lifestyle today!276-Minnetonka Schools


Features & Amenities

Interior

Rooms:
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Guest House, Great Room, Family Room, Office, Bar/Wet Bar Room, Billiard, Dining Room, Laundry, Storage, Kitchen
Master Bath:
1/2 Basement,Double Sink,Bathroom Ensuite,Full Primary,Main Floor Full Bath,Separate Tub & Shower,Upper Level Full Bath
Appliances:
Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener Owned, Wine Cooler
Dining:
Breakfast Area,Eat In Kitchen,Informal Dining Room,Separate/Formal Dining Room
Basement:
Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
A/C:
Central Air
Heating:
Forced Air
Fireplace:
Brick, Family Room, Gas, Primary Bedroom, Stone, Wood Burning, Fireplace, Fireplaces: 4

Exterior

General:
Boat House, Guest House
Parking:
Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage, Tandem, Tuckunder Garage

Construction

Roofing:
Age 8 Years or Less, Asphalt
General:
One

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Minnetonka
County:
Hennepin

Lot

Zoning:
2611723240003
View:
Lake, Panoramic, West
Fencing:
Invisible
Waterfront:
128

Utilities

Water:
Well
Sewer:
City Sewer/Connected

Financial

Source:
northstar

This listing courtesy of:
Keller Williams Premier Realty Lake Minnetonka

About Excelsior, MN

Housing

Number of Units
8,247
Median Home Value
$623,906
Median Rent
$1,053

14.42% of housing units are renter occupied.

6.94% are vacant.

Commute

Car
49.32%
Public Transportation
0.79%
Walk to Work
0.64%
Work from Home
48.56%
Other
0.43%

The median travel time to work is 14 minutes.

People

Population
19,740
Median Age
46.80
Median Household Size
2.84

Education

High School
12.84%
Associate’s Degree
5.79%
Bachelor’s Degree
42.80%
Graduate Degree
24.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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