$579,900

For sale

542 3r••••• Ave (Sign up for 50 free credits to unlock)Excelsior, MN 55331

4Beds
3Baths
2,612Sq Ft Living
11,326Sq Ft Lot
1948Year Built

Property Description

Prime Excelsior location-walk to downtown, Lake Minnetonka, dining, shopping, parks, and trails. This Minnetonka schools, Four-bedroom layout has flexible space for family, guests, or a home office. Separate climate controlled studio/office ideal for remote work, fitness, or creative use. Bright morning room off the kitchen for coffee, casual meals, or sunlit lounging. Walkout primary bedroom with direct access to the private backyard. Large windows throughout for abundant natural light. Private fenced backyard perfect for entertaining, pets, and outdoor relaxation. Adjacent to the new Mill Street pathway with access to regional trail networks. Move in ready with recent updates: new driveway, fresh paint, and new flooring. Highly walkable neighborhood with the privacy of a backyard retreat. Enjoy year round Excelsior living close to the lake, recreation, and community events. Lots to like, you will not be disappointed.

Property Facts & Features

Property Type
Single Family
Status
Active
Listed
Oct 22, 2026
Price per Sq Ft
$222/sqft
ZIP Code
55331
Full Baths
2
Half Baths
1
Parking
Driveway Asphalt
Heating
Forced Air
Cooling
Central
Construction
Frame
Property Tax (2026)
$5,602/yr
Assessed Value
$457,200
Last Sold
$155,000 · Jun 30, 2009
County
Hennepin
School District
Minnetonka Public School District

Features & Amenities

Bedrooms

  • Bedrooms: 4

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1

Land Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2600092
  • Lot Size Dimensions: 128x91x129x86
  • Lot Size Square Feet: 11326

Utilities

  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected

Appliances

  • Dryer
  • Range
  • Refrigerator
  • Washer

Other Rooms

  • Bathrooms: 1/2 Basement, Main Floor Full Bath, Upper Level Full Bath
  • Laundry: In Basement
  • Basement Description: Concrete Block, Finished (Livable)

Garage and Parking

  • Parking Features: Driveway - Asphalt

Kitchen and Dining

  • Dining Room Features: Informal Dining Room

School Information

  • High School District: Minnetonka

Heating and Cooling

  • Cooling Features: Central
  • Fireplace Features: Brick, Wood Burning
  • Heating Features: Forced Air
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Number of Fireplaces: 2

Other Property Info

  • Annual Tax Amount: 5602
  • Source Listing Status: Active
  • County: Hennepin
  • Directions: Mill Street to the driveway for 542 3rd Ave.
  • Tax Year: 2026
  • Source Neighborhood: Jones & Galpins Add & Sub Galpins
  • Parcel Number: 3511723230046
  • Postal City: Excelsior
  • Postal Code Plus 4: 3235
  • Public Survey Range: 23
  • Public Survey Section: 35
  • Public Survey Township: 117
  • Subdivision: Jones & Galpins Add & Sub Galpins
  • Township: Excelsior
  • Zoning Description: Residential-Single Family
  • Property Subtype: (SF) Single Family

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Building and Construction

  • Total Square Feet Living: 2612
  • Year Built: 1948
  • Building Exterior Type: Cedar
  • Construction Materials: Frame
  • Foundation Area: 1636
  • Property Age: 78
  • Property Attached: No
  • Roof: Age Over 8 Years
  • Total Area Main: 1626

Exterior and Lot Features

  • Patio And Porch Features: Patio
  • Road Frontage Type: City Street
  • Patio: Yes

Amenities and Community Features

  • Hardwood Floors
  • Main Floor Primary Bedroom
  • Patio
  • Washer/Dryer Hookup

Price & Event History

DateEventPrice$/Sq Ft
Oct 22, 2026Listed$579,900$222
Oct 20, 2026Listing removed$599,000$229
Sep 2, 2026Price Changed$599,000$229
Aug 6, 2026Listed$629,000$241
Jun 4, 2009Sold$155,000$68
Apr 3, 2009Price Changed$169,900$74
Feb 12, 2009Listed$179,900$79
Aug 31, 1983Sold$65,000$24
Jan 31, 1970Sold$25,900$10

Location

Lat 44.89862 · Lng -93.56149