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New Construction Homes for Sale in Excelsior, MN

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    $1,275,000 Townhome

    5624 Buffington Ln, Excelsior, MN 55331

    • 3 Beds
    • 2.5 Baths
    • 2,988 Sq Ft

    Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. Built by ADOR Bespoke Homes, these new construction residences are thoughtfully designed villas offering three bedrooms, three bathrooms, and 2,988 finished square feet. Customize your new home with a variety of design selections and upgrade options. Located within minutes of charming Downtown

    Sarah Polovitz Compass

    5624 Buffington Ln, Excelsior, MN 55331
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    $1,150,000 Townhome

    5650 Buffington Ln, Excelsior, MN 55331

    • 3 Beds
    • 2.5 Baths
    • 2,988 Sq Ft

    Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. Built by ADOR Bespoke Homes, these new construction residences are thoughtfully designed villas offering three bedrooms, three bathrooms, and 2,988 finished square feet. Customize your new home with a variety of design selections and upgrade options. Located within minutes of charming Downtown

    Sarah Polovitz Compass

    5650 Buffington Ln, Excelsior, MN 55331
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    $1,299,000 Townhome

    5621 Buffington Ln, Excelsior, MN 55331

    • 3 Beds
    • 2.5 Baths
    • 2,988 Sq Ft

    Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. These new construction residences are a design-build collaboration between Architect, Jeff Ziebarth, and Builder, ADOR Bespoke Homes. Crafted with exceptional attention to detail, each thoughtfully designed three bedroom, three bathroom villa offers 2,988 finished square feet. Inside, white oak wood

    Sarah Polovitz Compass

    5621 Buffington Ln, Excelsior, MN 55331
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    $2,900,000 Custom Home

    20555 Linden Rd, Excelsior, MN 55331

    • 5 Beds
    • 3.5 Baths
    • 5,000 Sq Ft

    Rare opportunity to build your dream home in the heart of Cottagewood! This 0.56-acre lot offers a picturesque setting and can accommodate a walk-out design. Partner with Lucid Builders, known for their timeless craftsmanship and seamless design-build process. Choose from one of Lucid’s thoughtfully curated plans or create your own custom design from the ground up. Enjoy the charm of Cottagewood

    Molly Cardinal Compass

    20555 Linden Rd, Excelsior, MN 55331
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    $1,489,500 Custom Home

    25480 Smithtown Rd, Excelsior, MN 55331

    • 6 Beds
    • 5 Baths
    • 4,259 Sq Ft

    Welcome to McDonald Construction Partners newest development "Shorewood Meadow" with 3 amazing .75 acre lots! The Aspen features a main floor bedroom with a 3/4 bath and beautiful wood flooring that extends up the staircase and hallway. The impressive gourmet kitchen includes a huge walk-in pantry. On the upper level, you will find a large primary bath equipped with a freestanding tub and shower,

    Lyndon Moquist Edina Realty, Inc.

    25480 Smithtown Rd, Excelsior, MN 55331
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    $3,200,000 Custom Home

    20565 Linden Rd, Excelsior, MN 55331

    • 5 Beds
    • 4.5 Baths
    • 6,000 Sq Ft

    Build your dream home in the heart of Cottagewood! This 0.56-acre lot offers a picturesque setting and can accommodate a walk-out design. Partner with Lucid Builders, known for their timeless craftsmanship and seamless design-build process. Choose from one of Lucid’s thoughtfully curated plans or create your own custom design from the ground up. Build packages start from $2,800,000. Enjoy the

    Molly Cardinal Compass

    20565 Linden Rd, Excelsior, MN 55331
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    $1,675,000 Custom Home

    25560 Smithtown Rd, Excelsior, MN 55331

    • 4 Beds
    • 3 Baths
    • 4,311 Sq Ft

    Welcome to McDonald Construction Partners newest development "Shorewood Meadow" with three amazing .75 acre lots. Inspired by classic European design, the "Laurel" model artfully balances grand entertaining spaces with quiet, private retreats. A grand foyer leads to a soaring vaulted great room with beamed ceiling and statement fireplace and built-ins. Bathed in natural light from twelve feet

    Kris Craig Edina Realty, Inc.

    25560 Smithtown Rd, Excelsior, MN 55331
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    $5,299,000 Custom Home

    254 Lake St, Excelsior, MN 55331

    • 4 Beds
    • 3.5 Baths
    • 4,661 Sq Ft

    Discover unparalleled luxury living in this exceptional new construction single-family home spanning over 5,000 square feet on prestigious Lake Street, perfectly positioned directly across from the pristine waters of Lake Minnetonka in the heart of historic downtown Excelsior. This stunning fresh build represents the pinnacle of contemporary design and premium craftsmanship, offering an

    Mitch Jilek Rize Realty

    254 Lake St, Excelsior, MN 55331
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    $2,670,509 Custom Home

    3921 White Oak Ln, Excelsior, MN 55331

    • 4 Beds
    • 2.5 Baths
    • 3,869 Sq Ft

    Set along the shores of Lake Minnewashta, this exceptional property invites you to design and build with Wooddale Builders in their newest lakeside neighborhood—Waterview! Positioned on a .75-acre walkout site with 129 feet of private shoreline, this is a rare opportunity to create a truly tailored living experience. With more than 50 years as a leading luxury builder in the Twin Cities, Wooddale

    Stafford Family Realtors Coldwell Banker Realty

    3921 White Oak Ln, Excelsior, MN 55331
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    $2,295,000 Custom Home

    85 Brentwood Ave, Excelsior, MN 55331

    • 5 Beds
    • 3.5 Baths
    • 5,571 Sq Ft

    This stunning custom-designed new construction with views of LAKE MINNETONKA. Property offers 5,571 finished square feet, providing ample space for both relaxation and entertainment. WALK OUT your back door to access Lake Minnetonka Regional trail system. Just minutes to DT Excelsior by foot or bike. OR conveniently out your front door to access Lake Minnetonka and pop in your kayak or

    Kristen Lervick Keller Williams Realty Integrity Lakes

    85 Brentwood Ave, Excelsior, MN 55331
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    $1,934,615 Custom Home

    3981 White Oak Ln, Excelsior, MN 55331

    • 5 Beds
    • 4.5 Baths
    • 4,549 Sq Ft

    Presenting Wooddale Builder’s newest development Waterview! Nestled near the shores of Lake Minnewashta and offering five beautiful lots with the opportunity to design the home of your dreams! For over 50 years, Wooddale Builders has been a trusted, leading luxury builder in the Twin Cities. A truly custom experience - With meticulous attention to detail and the highest-quality craftsmanship,

    Stafford Family Realtors Coldwell Banker Realty

    3981 White Oak Ln, Excelsior, MN 55331
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    $825,000 Lot/Land

    19670 Excelsior Blvd, Excelsior, MN 55331

    • 2.07 Acres
    • $398,551 per Acre

    Builders and developers, take note of this rare Deephaven opportunity on 2.07 acres near Lake Minnetonka! This beautiful property offers an exceptional custom home build site in a highly desirable Lake Minnetonka area location. The existing home is considered a tear-down, creating the perfect setting to design and build your dream home. The lot is ideally situated for a tucked-away residence

    Taylor Owens Edina Realty, Inc.

    19670 Excelsior Blvd, Excelsior, MN 55331
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    $499,900 Lot/Land

    151 Bell St, Excelsior, MN 55331

    • 0.15 Acre
    • $3,332,667 per Acre

    Build your new construction home here!Live the dream in downtown Excelsior. Walking distance to Excelsior Connons Park, swimming beach, tennis courts, city docks on Lake Minnetonka. All the Village shops on Water Street. Regional trail to Carver Park & Hopkins. Kowalski's market four blocks away.

    Slava Daskalyuk Counselor Realty, Inc.

    151 Bell St, Excelsior, MN 55331
  • /2

    $550,000 Lot/Land

    25975 Wild Rose Ln, Excelsior, MN 55331

    • 1.23 Acres
    • $447,154 per Acre

    Minnetonka Schools 1.23 acres. Home Package starting at 1.8. Close to Minnewashta Elementary. Working well is on the property. Colson Custom Homes has designed a home for the lot that includes a sport court pricing close to 2.1. The lot can also accommodate a pool.

    Colleen Johnson RE/MAX Advantage Plus

    25975 Wild Rose Ln, Excelsior, MN 55331
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    $500,000 Lot/Land

    20450 Linwood Rd, Excelsior, MN 55331

    • 0.29 Acre
    • $1,724,138 per Acre

    Tucked in the heart of Cottagewood U.S.A., this private 2-bedroom cottage offers a rare chance to remodel or build new in one of Lake Minnetonka’s most sought-after neighborhoods. The home features a walkout lower level and an oversized one-car garage. Enjoy easy access to the neighborhood beach, parks, sport courts, scenic trails, and the beloved Cottagewood General Store. Award-winning

    Max Zinn Coldwell Banker Realty

    20450 Linwood Rd, Excelsior, MN 55331
  • /8

    $599,000 Lot/Land

    25725 Birch Bluff Rd, Excelsior, MN 55331

    • 0.84 Acre
    • $713,095 per Acre

    Oversized wooded lot in a highly desirable neighborhood across Lake Minnetonka. Walk to the beach and enjoy all that Excelsior has to offer. Rare opportunity to build, bring your own builder or build with Alliance Builders, starting at $2M.

    Efim Shukalovich eXp Realty

    25725 Birch Bluff Rd, Excelsior, MN 55331
  • /2

    $849,000 Lot/Land

    24860 Smithtown Rd, Excelsior, MN 55331

    • 2.92 Acres
    • $290,753 per Acre

    Rare confidential opportunity in a highly desirable Excelsior location. CONFIDENTIAL LISTING — PLEASE DO NOT DISTURB TENANTS. The existing house is livable, but the primary value is in the land. This property presents an excellent opportunity for a buyer looking to tear down the current structure and build a custom luxury home or estate. The home is currently occupied by a long-term tenant paying

    Rustam Muharamov Financially Free, LLC

    24860 Smithtown Rd, Excelsior, MN 55331
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    $299,900 Lot/Land

    6591 Galpin Blvd, Chanhassen, MN 55331

    • 1.01 Acres
    • $296,931 per Acre

    A Rare Canvas in Chanhassen – Build Your Dream, Live Your Legacy Tucked into nature’s quiet pocket, yet just five minutes from the charm and energy of downtown Excelsior, this south-facing, one-acre lot offers the rare chance to build your dream home on your terms—with your builder, your vision, and no compromises. Set against a serene northward backdrop, the land is alive with wildlife—deer at

    Voila It's That Easy eXp Realty

    6591 Galpin Blvd, Chanhassen, MN 55331
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    $3,800,000 Lot/Land

    5080 Meadville St, Excelsior, MN 55331

    • 0.4 Acre
    • $9,500,000 per Acre

    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

    Kyle Hunt Coldwell Banker Realty

    5080 Meadville St, Excelsior, MN 55331
  • /2

    $225,000 Lot/Land

    15 Pleasant Ave, Excelsior, MN 55331

    • 0.26 Acre
    • $865,385 per Acre

    Bring your Builder! Minnetonka Schools, close to the trail and DT Excelsior@!

    Gregory Winegarden Coldwell Banker Realty

    15 Pleasant Ave, Excelsior, MN 55331
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    $4,995,000 Lot/Land

    4900 Meadville St, Excelsior, MN 55331

    • 0.63 Acre
    • $7,928,571 per Acre

    A premier Lake Minnetonka build site with 199’ of northwest-facing, A-rated, flat, rip-rapped, Lake Minnetonka lakeshore. This stunning .63 acre property features a manicured lawn with panoramic views in an idyllic, peaceful setting. This is a rare opportunity for luxurious living on Lake Minnetonka. This property is shown by appointment only – no site visits without having an approved showing.

    Stafford Family Realtors Coldwell Banker Realty

    4900 Meadville St, Excelsior, MN 55331
  • /2

    $2,399,000 Lot/Land

    4330 Manitou Rd, Excelsior, MN 55331

    • 0.41 Acre
    • $5,851,220 per Acre

    Breathtaking setting offering unparalleled west-facing sunset views overlooking 104' of level rip-rap shoreline. “A” grade water quality. Adjacent fire lane creates an additional buffer. Ideally located between Wayzata and Excelsior. Bring the builder of your choice!

    Jeffrey Dewing Coldwell Banker Realty

    4330 Manitou Rd, Excelsior, MN 55331

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Excelsior, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Excelsior, MN hold their value?
Yes, especially in fast-growing areas of Excelsior, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Excelsior, MN

Housing Trends

Median Sale Price
$869,499
Median Single Family Sale Price
$975,000
Median Townhouse Sale Price
$635,000
Average Price Per Sq Ft
$391
Number of Homes for Sale
62
Last 12 months Home Sales
272
Months of Supply
2.70
Median List Price
$914,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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