For Sale: Excelsior MLS# 6810132
Active
NEW!
$4,195,000
Single Family: 2 Stories
5 br • 5 ba • Built 2013
4,876 sqft • 0.54 acres
MLS# 6810132
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
European Wine Country meets Lake Minnetonka in this stunning 2013 by Stonewood, on Palmer Pointe. The home is set on a half-acre, walkout lot with a very gentle slope to 133' of sandy, clear, southeast facing shoreline on Smithtown Bay, one of the lake's clearest bodies. This is the first residence to come available on Palmer Pointe, an exclusive, quiet, walkable enclave consisting of eight exceptional, lakefront estates, since it was developed in 2013.
THE HOME:
Thoughtfully designed and meticulously crafted by Stonewood in 2013, the walkout 2-story is loaded with high-end features including a bright, open floorplan, massive ceiling vaults, heated porcelain tile floors, 8' doors, rounded archways, extensive knotty alder millwork, magnificent stonework, and so much more. Natural daylight floods the main floor through the SE facing wall of floor-to-ceiling windows from dawn until early afternoon, making way for cooling shade from afternoon to dusk. Experience expansive views of Smithtown Bay while cooking in your opulent chef's kitchen, featuring Wolf and Sub-Zero appliances, natural stone countertops, under counter/cabinet accent lighting, and a walk-in pantry with additional counter space. Possibly the most utilized room in the home, the California room, positioned next to the kitchen, offers a wood-fired pizza oven, a built-in gas grill, an outdoor TV, and motorized Phantom screens, providing a delightful place to hang out, entertain, and take in the serene lake views outside, year around. Retire to the luxurious primary ensuite with panoramic lake views, vaulted ceilings, a natural stone-topped vanity with dual sinks, a soaker tub, a walk-in shower with two shower heads, and a large walk-in closet. The upper-level hosts three additional bedrooms supported by two additional bathrooms, a well-appointed laundry room and a reading nook overlooking the great room. The walkout lower level is all set for entertaining lake guests, boasting a fully equipped bar attached to the media room, a climate-controlled wine room, a tasting room, the fifth bedroom, additional storage, and the lake room which offers lake/pool storage with a drain and a convenient 2nd laundry set up. The oversized, insulated, heated, 3-car garage features epoxied floors with floor drains, a wash bay with hot and cold water, a central vacuum system, and plenty of room for additional storage.
THE LAKESHORE:
The almost perfectly flat backyard gently slopes to 133 feet of owned, southeast facing lakeshore on the crystal clear, A-rated waters of Smithtown Bay, Lake Minnetonka.
The GROUNDS:
The spacious backyard is flat to the water and provides extensive space for yard games and outdoor activities. Natural stone retaining walls and strategically placed landscape lighting accentuate the architectural features of the home. Exterior stairs connect the upper and lower patios, providing easy access to the backyard from the kitchen on the home's main floor. A row of trees along the southwest property line boosts backyard privacy. Raspberry and blackberry bushes, set within the landscaping, produce thousands of delicious berries from summer through fall. A generously sized, inground hot tub on the lower patio boasts decorative lighting and water features, providing the perfect place to unwind after a fun-filled day on the lake.
THE LOCATION:
Palmer Pointe is an executive subdivision consisting of a single loop with only 7 other lakefront estates and no through traffic. The neighborhood is very walkable, featuring a path from Merrywood Lane that leads to the Lake Minnetonka Regional Park without ever getting on a busy road. The park's amenities include a swimming area, a fishing pier, a playground area, concessions, walking/biking trails, and more. Enjoy the convenient location with quick access to Highway 7. Reach Excelsior in 12 minutes, Mound in 10 minutes, and the 494-loop in 20 minutes.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$4,195,000
Price per sq ft:
$860
Property Type:
Single Family
City:
Excelsior
Garage Spaces:
3
County:
Hennepin
Year Built:
2013
State:
MN
Property Style:
2 Stories
Zip Code:
55331
Subdivision Name:
Palmer Pointe
Interior
Bedrooms:
5
Bathrooms:
5
Finished Area:
4,876 ft2
Total Fireplaces:
1
Living Area:
4,876 ft2
Common Wall:
No
Appliances Included:
- Air-To-Air Exchanger
- Central Vacuum
- Cooktop
- Dishwasher
- Disposal
- Double Oven
- Dryer
- Exhaust Fan
- Gas Water Heater
- Microwave
- Refrigerator
- Stainless Steel Appliances
- Wall Oven
- Washer
- Water Osmosis System
- Water Softener Owned
- Wine Cooler
Fireplace Details:
- Gas
- Living Room
Basement Details:
- Finished
- Full
- Sump Pump
- Walkout
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
22x30, 13x22, 10x15
Garage Size:
1,096 ft2
Air Conditioning:
Geothermal, Zoned
Foundation Size:
1,934 ft2
Fencing:
Invisible
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Geothermal
- In-Floor Heating
Parking Features:
- Attached Garage
- Concrete
- Electric Vehicle Charging Station(s)
- Finished Garage
- Floor Drain
- Heated Garage
- Insulated Garage
Unit Amenities:
- Balcony
- Ceiling Fan(s)
- Hot Tub
- In-Ground Sprinkler
- Kitchen Center Island
- Kitchen Window
- Natural Woodwork
- Outdoor Kitchen
- Paneled Doors
- Panoramic View
- Patio
- Primary Bedroom Walk-In Closet
- Security System
- Tile Floors
- Vaulted Ceiling(s)
- Walk-In Closet
- Washer/Dryer Hookup
- Wet Bar
Road Frontage:
- City Street
- Curbs
- No Outlet/Dead End
- Paved Streets
Exterior Material:
Frame
Pool:
- Below Ground
- Heated
- Outdoor
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
1/4 Baths:
None
Full Baths:
3
Half Baths:
1
3/4 Baths:
1
Bathroom Details:
- Bathroom Ensuite
- Double Sink
- Full Basement
- Main Floor 1/2 Bath
- Primary Walk-Thru
- Private Primary
- Separate Tub & Shower
- Upper Level 3/4 Bath
- Upper Level Full Bath
- Walk-In Shower Stall
Dining/Kitchen:
- Eat In Kitchen
- Living/Dining Room
Laundry:
- In Basement
- Laundry Room
- Sink
- Upper Level
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 17 x 17 | 289 |
| Bedroom 4 | 24 x 13 | 312 |
| Laundry | 7 x 7 | 49 |
| Loft | 12 x 8 | 96 |
| Primary Bathroom | 17 x 10 | 170 |
| Bedroom 2 | 15 x 11 | 165 |
| Bedroom 3 | 16 x 12 | 192 |
| Walk-In Closet | 16 x 11 | 176 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | 17 x 8 | 136 |
| Flex Room | 17 x 13 | 221 |
| Foyer | 15 x 6 | 90 |
| Great Room | 19 x 17 | 323 |
| Kitchen | 22 x 25 | 550 |
| Mud Room | 12 x 7 | 84 |
| Pantry (Walk-In) | 6 x 6 | 36 |
| Screened Porch | 16 x 16 | 256 |
| Walk-In Closet | 6 x 5 | 30 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bar/Wet Bar Room | 15 x 9 | 135 |
| Bedroom 5 | 13 x 10 | 130 |
| Flex Room | 13 x 13 | 169 |
| Media Room | 17 x 17 | 289 |
| Storage | 17 x 9 | 153 |
| Utility Room | 22 x 10 | 220 |
| Utility Room | 16 x 16 | 256 |
| Wine Cellar | 10 x 6 | 60 |
Lake & Waterfront
Waterfront View:
Bay, East, Lake, Panoramic, South
WF Frontage:
133
Waterfront:
Lake Front
Lake Bottom:
Sand
Lot & Land
Acres:
0.54
Geolocation:
44.894143, -93.660047
Lot Dimensions:
55 x 210 x 43 x 50 x 40 x 23 x 87 x 97 x 44 x 44 x 7
Zoning:
- Residential-Single Family
- Shoreline
Lot Description:
- Accessible Shoreline
- Corner Lot
- Tree Coverage - Medium
- Underground Utilities
Schools
School District:
1250
District Phone:
9524918001
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$38,994
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$38,994
Association Fee Required:
Yes
Association Fee:
$2,000
Association Fee Frequency:
Annually
Association Fee Includes:
Lawn Care
Association Company:
Palmer Pointe Homeowners Association
Association Company Number:
6124189900
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of LEYENDECKER Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.