516 Grace Street Excelsior, MN 55331

$850,000
Pending
estimated monthly payment
4 Beds  |  3 Baths  |  2,574 Sq Ft  |  Single Family  |  MLS # 7021243
  • Mid Century Charm in Excelsior
    Mid Century Charm in Excelsior
  • Welcome Home
    Welcome Home
  • Front Entry - shoe cubbies, bench & charging station
    Front Entry - shoe cubbies, bench & charging station
  • Solid wood floors - All new windows to capture the views
    Solid wood floors - All new windows to capture the views
  • Open Floor Plan - tons of sunlight
    Open Floor Plan - tons of sunlight
  • Lake Views - Custom Touches throughout
    Lake Views - Custom Touches throughout
  • Welcoming, open and bright
    Welcoming, open and bright
  • Large Island for gathering
    Large Island for gathering
  • Timeless, efficient kitchen with pantry
    Timeless, efficient kitchen with pantry
  • I'll do the dishes!
    I'll do the dishes!
  • Coffee/Wine Bar
    Coffee/Wine Bar
  • Main floor Primary Suite
    Main floor Primary Suite
  • Lakeside porch off primary
    Lakeside porch off primary
  • Generously sized primary suite
    Generously sized primary suite
  • Primary bath
    Primary bath
  • Large walk in shower with bench
    Large walk in shower with bench
  • Generous 2nd bedroom/Office on Main Level
    Generous 2nd bedroom/Office on Main Level
  • 2nd Bath on main
    2nd Bath on main
  • 2nd bath on main
    2nd bath on main
  • Laundry on main level
    Laundry on main level
  • Walk out lower level
    Walk out lower level
  • Lower level family room
    Lower level family room
  • Lower level family room
    Lower level family room
  • Lower level flex room
    Lower level flex room
  • Lower level lakeside bedroom
    Lower level lakeside bedroom
  • Lower level bedroom 4
    Lower level bedroom 4
  • Lower level bathroom
    Lower level bathroom
  • New lakeside deck off main level
    New lakeside deck off main level
  • Southwest Views of Galpin Lake
    Southwest Views of Galpin Lake
  • Southwest views of Galpin Lake
    Southwest views of Galpin Lake
  • Large Concrete Circle Drive
    Large Concrete Circle Drive
  • Main Floor Floor Plan
    Main Floor Floor Plan
  • Lower Level Floor Plan
    Lower Level Floor Plan

About The Listing

Main floor living in Excelsior with private water views! Fully remodeled to the studs in 2020/2021 and re-crafted with a nod to its midcentury heritage while adding all the necessary spaces and amenities for today's living. Open Kitchen with large island and a built in bistro bench offers fabulous views of the lake and graciously welcomes the the sunlight thru its large lakeside windows. 2 bedrooms & 2 bathrooms on main including a true primary suite boasting; dual sinks, large shower, walk in closet and a screen porch. A 2nd large bedroom on main offers flexible space for lakeside bedroom/office/den with a 2nd full bath & laundry rounding out the main level. In the full walk out lower level you'll find 2 bedrooms and refreshed 3/4 bath giving room for guests who will all want to visit your new home in Excelsior - as well as a family room and a flex/exercise room! New deck and circle concrete driveway as well as all new windows, roof, gutters, siding & landscaping make this a truly turn key offering all an easy walk into the Village and all it has to offer. The perfect size with thoughtful layout and touches - this home punches above it's weight with spaces, finishes and location.


Listing courtesy of Lori P Schneck, Coldwell Banker Realty
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Pending
Contingency Type: None
Year Built: 1957
MLS #: 7021243
Bedrooms: 4
Square Feet: 2,574
Bathrooms (Full): 1
Price Per Square Foot: $330
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 2
Garage Spaces: 1
Parking Description: Attached Garage, Concrete, Insulated Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air, In-Floor Heating
Basement: Block, Egress Window(s), Full, Walkout
Construction Description: Block
Roof Description: Age 8 Years or Less, Asphalt
Days On Market (Continuous): 4
Disability Features: None
Latest Update: 03/09/2026
List Date: 03/04/2026
Listing Agent ID: 502034476
Listing Office: Coldwell Banker Realty
Listing Office ID: 5148
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Laundry Features: In Hall, Laundry Closet, Lower Level, Main Level, Washer Hookup
Number of Fireplaces: 0
Lot Dimensions: 81 x 201
Lot Size: 0.36 Acres
Lot Features: Tree Coverage - Medium
View Description: South, West
Waterfront: Lake Front, Lake View
School District: Minnetonka
Tax Year: 2025
Estimated Taxes: $7,073
Contingency Type: None
City: Excelsior
Zip: 55331
County: Hennepin
Subdivision: Zims Add
State: MN

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Listing last updated: 03/09/26

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