Excelsior

Excelsior, Minnesota Real Estate Overview:
Excelsior is a historic lakeside community located along the southern shore of Lake Minnetonka in the southwest metro. Known for its walkable downtown, preserved architecture, and strong lake lifestyle identity, Excelsior offers a blend of full-time residential living and seasonal retreat appeal. Housing ranges from early 1900s cottages and renovated historic homes to newer custom builds and lakefront estates with private docks. While some properties serve as second homes, the majority of Excelsior residents live year-round, drawn to the charm, community atmosphere, and proximity to major employment centers. Long-term property demand remains strong due to limited housing inventory, waterfront access, and consistent buyer interest in Lake Minnetonka communities.

Location & Commute:
Excelsior is located approximately 20–25 minutes southwest of downtown Minneapolis via Highway 7 and Interstate 494. The city provides convenient access to Minnetonka, Eden Prairie, and Wayzata. Corporate headquarters such as Cargill in nearby Minnetonka and General Mills in Golden Valley are a short drive away, making Excelsior especially attractive to executives seeking a lake-oriented lifestyle without sacrificing commute convenience. Minneapolis–Saint Paul International Airport is typically 25–30 minutes away depending on traffic.

Schools:
Excelsior is primarily served by Minnetonka Public Schools (ISD 276), a district known for strong academic performance and extracurricular opportunities. School boundaries vary by address, and families should verify assignments during the home search process.

Housing Styles & Architecture:
Excelsior is known for its historic lake cottages and early 20th-century homes near downtown. Many properties have been thoughtfully renovated to preserve architectural character while incorporating modern updates. Lakefront homes along Lake Minnetonka command premium pricing, offering private shoreline, panoramic views, and custom design. Interior neighborhoods feature traditional single-family homes, updated ramblers, and townhome communities. Limited land availability contributes to the area’s long-term property value stability.

Parks, Trails & Outdoor Recreation:
Lake Minnetonka defines daily life in Excelsior. Boating, sailing, paddleboarding, and fishing are central recreational activities. The Lake Minnetonka Regional Trail connects Excelsior to surrounding communities, providing biking and walking access. Commons Park along the waterfront serves as a gathering place for residents and hosts community events throughout the year.

Water Activities & Lake Lifestyle:
Excelsior’s harbor and marina create an active boating culture during the summer months. Residents enjoy dock access, sunset cruises, lakeside dining, and seasonal events along the water. Winter brings ice fishing, skating, and scenic lake views. The year-round lake presence contributes to a distinct residential lifestyle not found in most suburbs.

Shopping, Dining & Amenities:
Downtown Excelsior features boutique retail, coffee shops, local restaurants, and seasonal markets. The walkable Main Street corridor attracts both residents and visitors from across the Twin Cities. Nearby Minnetonka and Eden Prairie provide expanded retail and grocery options within a short drive.

Community & Lifestyle:
Excelsior maintains a strong small-town identity despite its proximity to the metro. Seasonal festivals, lakefront concerts, and community gatherings reinforce neighborhood engagement. While tourism increases during peak summer months, residential areas remain quiet and community-focused. The combination of executive-level housing, lakefront access, and short corporate commutes makes Excelsior particularly appealing to professionals and families.

Employment & Economic Drivers:
In addition to proximity to downtown Minneapolis, Excelsior offers convenient access to major employers in Minnetonka, Eden Prairie, and Golden Valley. Cargill, United Health Group, and General Mills are all within reasonable commuting distance. Healthcare, corporate offices, and professional services throughout the southwest metro contribute to employment stability for residents.

Property Taxes & Local Governance:
Excelsior is located in Hennepin County. Property taxes vary based on home value, shoreline classification, and neighborhood location. Waterfront properties may carry additional valuation considerations.

Nearby Cities & Surrounding Areas:
Excelsior borders Shorewood, Greenwood, and Tonka Bay along Lake Minnetonka. It is also close to Minnetonka and Eden Prairie, providing access to broader west metro amenities.

Why Buyers Choose Excelsior:
Buyers choose Excelsior for its lakefront lifestyle, historic charm, walkable downtown, and proximity to major corporate employers. The ability to live along Lake Minnetonka while maintaining a manageable commute to downtown Minneapolis makes Excelsior one of the most distinctive and desirable communities in the southwest metro.