$579,900
542 3r••••• Ave (Sign up for 50 free credits to unlock)Excelsior, MN 55331
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
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Oct 22, 2026 | Listed | $579,900 | $222 |
| Oct 20, 2026 | Listing removed | $599,000 | $229 |
| Sep 2, 2026 | Price Changed | $599,000 | $229 |
| Aug 6, 2026 | Listed | $629,000 | $241 |
| Jun 4, 2009 | Sold | $155,000 | $68 |
| Apr 3, 2009 | Price Changed | $169,900 | $74 |
| Feb 12, 2009 | Listed | $179,900 | $79 |
| Aug 31, 1983 | Sold | $65,000 | $24 |
| Jan 31, 1970 | Sold | $25,900 | $10 |
Location
Lat 44.89862 · Lng -93.56149