$3,985,000

165 Mound Ave Excelsior, MN 55331

Estimated payment $25,749/month

Total Views 2,119
5 Beds
4.5 Baths
5,088 Sq Ft
$783 Price per Sq Ft

Highlights

  • Popular Property
  • 51 Feet of Waterfront
  • Guest House
  • Minnewashta Elementary School Rated A
  • Beach Access
  • Wine Cellar

About This Home

Like brand new but better!! Luxury lakeside living on A-rated Gideon Bay with panoramic views. Situated on an extra-deep lot, this custom 2021 build has 51' of sandy lake shore and a private beach. There is a chef's kitchen with a 10ft island, an 8-burner Thermador gas induction range and a dedicated back prep area. The stunning primary suite offers lake views, a spacious walk-in closet, and a gorgeous bath. There are four bedrooms on the upper level and a guest suite, above the garage, with a private entrance, kitchenette and full bath. The walkout lower-level features a wine room, a theater room, an exercise room, family room, guest room and a full bar with an ice-maker and a pass-through window to the patio bar. The garage can accommodate two lifts and is wired for supplemental heat. This location is stellar by land of by water- Enjoy front row seats to Excelsior's fireworks. It is only a few minutes to downtown Excelsior and is close to walking/biking trails. This like-new, turn-key retreat is perfect for year round living or enjoying your summers on the lake.

Listing Agent

Angela Richter

RE/MAX Results Listed on: 07/03/2025

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,875

Year Built

  • Built in 2021

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 51x305x56x320
  • 51 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Beach Access
  • Deck

Additional Features

  • Air Exchanger
  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Slocums Rgt Of Manitou Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2811723430053

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,875

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water - In Street
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 3788
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 36x76
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 5088
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1300
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Deck, Office, Guest Room, Wine Cellar

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Metal, Pitched
  • PoolFeatures: None
  • View: East, Panoramic
  • PatioPorchType: Composite Decking,Deck,Rear Porch
  • Lake Acres: 14205
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 51

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tuckunder Garage
  • Garage Square Feet: 800

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Panoramic View,Security System,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 51x305x56x320
  • Lot Size Sq Ft: 15681.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2811723430053
  • Tax Annual Amount: 44875
  • TaxWithAssessments: 44875.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $39,099 $3,278,200 $1,302,100 $1,976,100
2022 $16,622 $3,040,000 $1,181,000 $1,859,000
2021 $13,262 $1,293,000 $909,000 $384,000
2020 $10,866 $1,036,000 $840,000 $196,000
2019 $10,913 $824,000 $757,000 $67,000
2018 $11,635 $817,000 $757,000 $60,000
2017 $10,762 $800,000 $700,000 $100,000
2016 $10,187 $750,000 $700,000 $50,000
2015 $9,908 $731,000 $700,000 $31,000
2014 -- $677,000 $650,000 $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $3,985,000 +432.8% $783 / Sq Ft
04/26/2012 04/26/12 Sold $748,000 -6.4% $570 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $799,000 -- $609 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,345,000 Gibraltar Title Agency Llc
Warranty Deed $973,000 Edina Realty Title Inc
Warranty Deed $748,000 Home Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,100,000 New Conventional
Previous Owner $778,400 Adjustable Rate Mortgage/ARM
Previous Owner $256,200 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Similar Homes in Excelsior, MN

  • 205 Woodpecker Ridge Rd, Excelsior, MN 55331

    $3,485,000

    • 5 Beds
    • 5.5 Baths
    • 5,682 Sq Ft
    • 205 Woodpecker Ridge Rd
    • Excelsior, MN

    Nestled on a rare double lot along a picturesque peninsula in Gideon's Bay on Lake Minnetonka, this exquisite lakeside residence offers 100 feet of prime shoreline with an enviable east-facing exposure-perfect for capturing serene sunrises over the water.A dramatic two-story foyer with soaring vaulted ceilings welcomes you into a home that masterfully blends timeless craftsmanship with modern

    Debbie McNally Lakes Sotheby's International

    Section Image
  • 4330 Manitou Rd, Excelsior, MN 55331

    $4,895,000

    • 3 Beds
    • 3.5 Baths
    • 3,713 Sq Ft
    • 4330 Manitou Rd
    • Excelsior, MN

    Gorgeous to-be-built home by James McNeal Architecture and Design, and built by Water Street Homes! Enjoy this stunning condo-alternative offering one-level living and an open floorplan showcasing beautiful water views at every turn! Tranquil lakeside Primary Suite with spa-like bath; junior suite; office; and 3rd bedroom/flex room. 3-car heated garage with epoxy floor. Breathtaking west facing

    Jeffrey Dewing Coldwell Banker Realty

    Section Image
  • 21845 Byron Cir, Excelsior, MN 55331

    $3,299,975

    • 5 Beds
    • 6 Baths
    • 4,700 Sq Ft
    • 21845 Byron Cir
    • Excelsior, MN

    Opportunity awaits to own gorgeous new construction on sought after St. Albans Bay. 85 feet of sandy lakeshore. Custom features & upgrades galore with superb attention to detail: White oak floors, Gaggenau, Jenn-Aire & Thermador appliances, quartzite, exercise room, wine storage, hidden guest suite, main and lower level bar areas, remodeled boathouse (w/ electric), breathtaking views, exquisite

    Shelli Wojciechowski Asset Realty, Inc

    Section Image
  • 5025 Covington St, Excelsior, MN 55331

    $3,500,000

    • 4 Beds
    • 6 Baths
    • 7,378 Sq Ft
    • 5025 Covington St
    • Excelsior, MN

    Experience refined coastal style in the heart of demand Greenwood! Designed by Mike Sharratt, this cottage-style home seamlessly blends classic charm with modern amenities. From the moment you step inside, the high-quality craftsmanship and keen attention to detail can be found at every turn. Custom leaded stained glass windows by local artisan Gaytee-Palmer Stained Glass add a touch of artistry,

    Stafford Family Realtors Coldwell Banker Realty

    Section Image
  • 20545 Linden Rd, Excelsior, MN 55331

    $3,250,000

    • 4 Beds
    • 5 Baths
    • 6,452 Sq Ft
    • 20545 Linden Rd
    • Excelsior, MN

    A one-of-a-kind Streeter-designed masterpiece blending timeless architecture with natural beauty in coveted Cottagewood. Set on over an acre, this light-filled home features soaring ceilings, walls of glass, and rich organic materials that bring the outdoors in. The open-concept main level includes a chef’s kitchen with top-tier appliances, dining and great room, formal living, a private study,

    Christy Kimbrel Keller Williams Premier Realty Lake Minnetonka

    Section Image
  • 28235 Boulder Cir, Excelsior, MN 55331

    $4,495,000

    • 4 Beds
    • 5 Baths
    • 6,074 Sq Ft
    • 28235 Boulder Cir
    • Excelsior, MN

    Unparalleled Level west-facing sandy lakeshore property. Architecturally designed and beautifully built home can be used as is, remodeled, or start the site and be used to start your dream over! Winding driveway leads gracefully to the home and with a generous lot that is over one acre and approximately 135 feet of lakeshore. This is truly a rare opportunity. The home is being shown AS IS and

    Ellen DeHaven Coldwell Banker Realty

    Section Image
  • 20395 Park Place, Excelsior, MN 55331

    $3,995,000

    • 5 Beds
    • 4.5 Baths
    • 6,270 Sq Ft
    • 20395 Park Place
    • Excelsior, MN

    Gorgeous completed new construction by Vine Hill Partners! This beautifully designed home offers unparalleled finishes and details at every turn. Enjoy the open floorplan with walls of windows showcasing nature views looking out to the private backyard! Gourmet kitchen with high-end appliances, walk-in pantry, dining area with built-in storage and sliding doors that open to the expansive deck!

    Jeffrey Dewing Coldwell Banker Realty

    Section Image
  • 6060 Ridge Rd, Excelsior, MN 55331

    $3,995,000

    • 4 Beds
    • 6 Baths
    • 5,762 Sq Ft
    • 6060 Ridge Rd
    • Excelsior, MN

    Gorgeous Landschute-built home offering panoramic views overlooking 170’ of Christmas Lake shoreline! Enjoy the open flowing floorplan showcasing west-facing water views with breathtaking sunsets; beautiful gourmet kitchen with walk-in pantry and dining area with access to the lakeside deck! Spacious main-level primary suite with fireplace, private deck, en suite (heated floor) and 2 walk-in

    Jeffrey Dewing Coldwell Banker Realty

    Section Image
  • 19900 Cottagewood Rd, Excelsior, MN 55331

    $3,595,000

    • 4 Beds
    • 6 Baths
    • 5,690 Sq Ft
    • 19900 Cottagewood Rd
    • Excelsior, MN

    Wake up to incredible sunrises in this exceptionally crafted newer-built* 4BR (+den/office)/6 bath, 3+** car Deephaven Lake Minnetonka WALK-OUT RAMBLER on a PRIVATE, QUIET LARGE (.56 acre!) LOT on CARSON’S BAY w/breathtaking day & evening! views & 2 boat spots! Located near the historic Cottagewood entrance, this upscale, fully-loaded home offers LAKE Mtka access, main-level living/OWNER’S SUITE,

    Greg Lawrence HomeAvenue Inc

    Section Image

Source: NorthstarMLS

MLS Number: 6749350

NorthstarMLS

APN: 28-117-23-43-0053