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4 Beds
4 Baths
2,633 sqft

$1,850,000

163 2nd Street, Excelsior MN, 55331

Price per sqft$702.62
Built in2026
Property size2,633 sqft
Property typeResidential
Courtesy of eXp Realty, Price Realty Listing Contact:

Overview

Active

Listed Aug 22, 2026

Updated 13 days ago

Rarely does new construction deliver such a compelling combination of refined luxury, effortless one-level living, and an exceptional Excelsior location. Inspired and designed by renowned local design firm Rauscher & Associates, this custom-built, fully finished rambler pairs elevated design with timeless sophistication just minutes from the shores of Lake Minnetonka. Step inside to soaring vaulted ceilings and a light-filled, open-concept floor plan that creates an immediate sense of space and elegance. At the heart of the home, a dramatic statement fireplace wall anchors the main living area, while the chef-inspired kitchen is designed to impress with quartz countertops, custom cabinetry, a walk-in pantry, and an oversized island equally suited for casual mornings and memorable gatherings. The main-level primary suite is a private retreat, complete with a spacious walk-in closet and beautifully appointed bath. A dedicated home office and convenient main-floor laundry add the thoughtful functionality and ease of living expected in a home of this caliber. The fully finished lower level offers exceptional flexibility, featuring a generous family room, three additional bedrooms, and two bathrooms. Whether hosting overnight guests, creating additional work-from-home space, entertaining, or accommodating multi-generational living, there is room to make it your own. Beyond the home itself is one of its greatest luxuries: the ability to truly embrace the Excelsior lifestyle. Leave the car behind and stroll to lakeside dining, the charming shops of the Village, and Kowalski’s Market just four blocks away. Connect to the nearby regional trail toward Carver Park, or spend the day at Excelsior Commons enjoying the beach, docks, tennis courts, and year-round recreation along the shores of Lake Minnetonka. More than a beautiful new home, this is an opportunity to enjoy the best of Excelsior without sacrificing the comfort, quality, and sophistication of brand-new construction. In a community where new-build opportunities are increasingly rare, this exceptional home and location are truly set apart.

$12,308/mo

Est. mortgage payment based on a $1,850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7126003
Available from
October 19, 2026

Interior Features

Bedrooms
4
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$9,186
Tax Frequency
Annually
Garage
Yes
New Construction
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jim Schwarz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:51 AM UTC on 9/5/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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