
Residential Land for Sale in Excelsior, Minnesota
88 1st St, Excelsior, MN 55331
Rare opportunity to build a new home on one of the best available lots in the coveted Heart of Excelsior or buy and hold as an investment. This prime wide open corner lot offers expansive unobstructed views across Excelsior Commons Park with Lake Minnetonka just a few steps away and right outside the door of your future home. Enjoy all the public amenities and zero HOA fees including 2 swimming beaches, playground, tennis courts, basketball, baseball, kayaking, grilling, fishing, fireworks on the 4th, or just relax by the open firepits and relish live music at the park bandshell, plus much more. All this and located within the award-winning Minnetonka Schools and Excelsior Elementary, walking distance to historic Water Street boasting numerous shops and fine dining experiences, easy access to Lake Minnetonka LRT Reginal Trail system. In addition, Excelsior residents are eligible for boat slips or sailboat mooring buoys via the city dock program waiting list. Note the previous home has already been demolished and removed from the site saving you substantial $$$ in demolition costs. Open to any builder. Do not delay!
Location
- Street address
- 88 1st St
- County
- Hennepin County
- Elevation
- 934 feet
Directions
On the corner of West Lake Street and 1st Street. Across from Excelsior Park north of town.
Property details
- Lot size
- 0.1 acres4,356 sq ft
- Zoning
- Residential-Single Family
- MLS #
- RMLS 6764346
- Posted
Property taxes
- 2025
- $7,561
Parcels
- 2711723430022
Legal description
AUDITOR'S SUBD. NO. 135 LOT 62 AND THE SELY 10 FT OF NELY 58 FT OF LOT 63
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 7, 2025 | Under contract | $649,900 | — | RMLS |
| Nov 7, 2025 | Listing removed | $649,900 | — | Listing agent |
| Aug 1, 2025 | New listing | $649,900 | — | RMLS |




















