$3,690,000

165 Mound Avenue, Excelsior, MN 55331

5 beds |
5 baths |
5,088 sqft

Single-Family Home
Built in 2021
0.36acre lot
3 car garage
$725/sqft
Listed 10 days ago

Property Description

Like-new construction on Lake Minnetonka, only better! This exceptional 2021 custom-built luxury home is set on sought after Gideon Bay with 51 feet of sandy, level shoreline, a private beach, and panoramic lake views. Situated on an extra deep lot just minutes from downtown Excelsior, this property offers the rare combination of privacy, walkability, and premier lakeside living. Designated for both everyday living and entertaining, the home features a chef's kitchen with a 10-foot island, Thermador 8-burner gas/induction range, and a fully equipped back prep kitchen. The stunning primary suite captures sweeping lake views and includes a spa-like bath and oversized walk-in closet. Four bedrooms are located on the upper level, plus a private guest suite above the garage with its own entrance, kitchenette, and full bath, ideal for visitors, au pair, or multigenerational living. The walkout lower level is an entertainer's dream with a wine room, theater, exercise room, family room, guest bedroom, and a full bar with ice-maker and pass-through window to the patio bar, perfect for summer gatherings. The heated, lift-ready garage accommodates two vehicle lifts and is wired for supplemental heat. Enjoy front-row views of Excelsior's fireworks, quick access to Lake Minnetonka by boat, and proximity to restaurants, trails, and boutique shopping by land. This turn-key waterfront retreat is ideal for year-round living or as a premier summer lake home.

Listing Status:: Active
Data Last Updated:: February 15, 2026 at 12:17AM
Listing Office:: RE/MAX Results : 952-475-8000
MLS ID:: 6823642

Master Bath: 0
Appliances: Air-To-Air ExchangerDishwasherDisposalDryerExhaust FanMicrowaveRangeRefrigeratorStainless Steel AppliancesTankless Water HeaterWasherWater Softener Owned
Dining: 0
Laundry: Laundry RoomUpper Level
Basement: Egress Window(s)FinishedFullWalkout
A/C: Central Air
Heating: Forced Air
Fireplace: GasLiving RoomFireplaceFireplaces: 1

Pool: None
Parking: Attached GarageAsphaltGarage Door OpenerInsulated GarageTuckunder Garage

Roofing: Age 8 Years or LessAsphaltMetalPitched
General: Two

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: northstar
School District: Minnetonka
County: Hennepin

Zoning: 2811723430053
View: EastPanoramic
Waterfront: 51

Utilities: Circuit Breakers
Water: City Water - In Street
Sewer: City Sewer/Connected

Source: northstar

This listing courtesy of RE/MAX Results

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Excelsior Elementary

441 Oak St, Excelsior, MN, 55331

Grades KG-5

1.28 miles away

Minnetonka Middle School West

6421 Hazeltine Blvd, Excelsior, MN, 55331

Grades 6-8

1.65 miles away

Tonka Online

18301 Highway 7, Minnetonka, MN, 55345

Grades 7-12

3.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.